His plans of international expansion. Christ hello and welcome to daybreak asia. Heidi, we have been following these headlines the last hour about north korea launching yet another missile. Very similar to what japan says happened on august 29th. No response from the u. S. Or china, but clearly theres got to be lots of phone calls happening in the scene. Therere getting news that are National Security council being convened with south korea and japan. The shows out and saying this is an unacceptable situation to have another missile test of of course we are waiting for beijing. We are waiting for any response from washington to claim responsibility after this kind of event. Threatening to sink japan, saying they were threatening to cast the u. S. Into ashes and darkness, all of this in response into mondays u. N. Sanctions. Tokyo. Go straight to chris, what has been the reaction of the latest in terms of the government response . Chief have had the secretary come out say the latest pub
1800743cnbc or tweet me jimcramer. Sometimes this market can be incredibly difficult to navigate, because the crosscurrents are so powerful and so crushing. Today, for example, the averages got slammed by a wholesale collapse in the commodity complex, especially oil. But then the republicans passed their Obamacare Repeal bill in the house of representatives in the afternoon and we rebounded. The doubt ultimately sinking six points, s p advancing 0. 06 , nasdaq edging up 0. 05 . It was like there was no session at all. Whatever your opinion of the health care bill, wall street likes it. Because it contains tax cuts and demonstrates that Speaker Paul Ryan can actually do his job. You might have expected the market would roar on the news. Nope. The broader economic backdrop is just too grim right now. With the fed set to keep raising interest rates, right when business seems to be slowing, and its too dangerous to go full hog on stocks when the Labor Department announces its employment re
1. 5 . Chinas shanghai composite index fell on regulatory crackdown. The dex jumped 1. 4 . Lauren stocks open higher in the French Election results that just ran my stay in the European Union after all. But the tip 132 points in london. German dax up 130 points. The Lauren Simonetti in paris cac quarante in paris 4. 5 . Tragedy are up sharply on the french results as well up almost 2 now. Tranter and this merger monday 24 billion merger in the medical supply business. True Endurance Sports nba playoffs get high. Isaiah thomas leads the Boston Celtics to victory over the Chicago Bulls and the Houston Rockets fight their way to a three to one lead over the Oklahoma City thunder. Lauren happy when they come everyone. I for 1 00 a. M. In new york. Welcome to fbn am, your first look at what is that in todays markets in the latest breaking news. Nicole to political outsiders. Celebrating his fate jury. The 39yearold former economy minister and investment minister. Sad they will face 79 who h
Roundup for the month of may. The s p 500 climbing 1. 5 . Surprising and to the day, the dow a significant laggard. Utilities leading the way, kind of a strange and unpredictable start to the week. Exactly. Oliver i want to start off talking about another weird stocks move. Look at the shanghai stock futures this morning before we came in. Speaking of starting off on a weird foot, a bit of a flash crash that happened in china attributed to selling on a hedging account. Obviously a big deal because of the dirt in the liquidity in the market. I think that investors are worried about the regulations the government is having on daily trading but here you see whats happening. Very little liquidity in the market, you have the kind of tips. Moving into the u. S. An interesting kind of move in the later half a day. Particularly semiconductors ending up. A big reversal, down 50 basis points at one point during the day. The only sector with above average volume, two other stocks least threees of
Fifth straight day. Stocks in japan rose almost 1. 5 . Nicole lets take a look about right this second. Down 1. 2 . Lauren apple ceo tim cook goes on to defend his defiance of a court order to unlock an iphone used by terrorists. Nicole wild weather leaving at least four people dead in virginia and thousands of flights canceled. Lauren College Basketball top 10 teams continue to fall including the never went team in the nation. We will have the highlights. Welcome to fbn am, the latest breaking news and in what to expect for the day ahead. True to form republican president ial nominee on your world with neil cavuto attacking donald trump or the attacks are trying to far refused to release. We have good reason to believe that there is a bombshell of Donald Trumps taxes. I think there is something there. Either he is not anywhere near as wealthy as he says he has or hasnt been paying the taxes expected to pay or perhaps he hasnt been giving money to the veterans are disabled like hes bee