Bank from Deutsche Bank. Deutsche bank shares are around the lows of the session. An 8 decline. We are also seeing heavy trading volume. More than three times trading shares that have typically over the past month or so. I was begin with scarlet fu and Erik Schatzker with dan davies,n analyst with frontline speaking about the idea that there is not yet a liquidity crunch. It does just appear to be a few clients that are pulling some of their money from the banks. Nonetheless, there is still concerned. He talked about the steps the company could take over the next 24 hours to stem the selling, including talk of raising new capital. One of that as of yet whether Deutsche Bank is indeed having liquidity issues, whether or not that was a case, it was certainly a trigger for the overall market. The three major averages are trading lower. This accelerated sharply after the selloff. All three major averages at the lows of the session. The s p financials and the selling within the financial gr
Yet again no agreement shall be reached. Well see wti is still up about a little less than one percent. Home builders stocks surging. Homebuilders are having a party today. We will discuss whether you should be buying these homebledder stocks. A suspect in new york and new jersey terror attacks is in custody after a shootout with police. We will have the latest and discuss how to keep the city safe when the mayor of london who is here to ring the closing bell joins us. Lets start with markets remaining calm after this weekends bombings here in new york area. Bob pisani has the low down. Plus s p 500 getting first new sector in nearly 20 years. Very exciting for us market nerds. You and i are one of them. We are the two biggest market nerds out there. Lets take a look at sectors. The problem, energy was strong early on. Oil hit a high in the early afternoon. About 12 00 drooped down. Energy, Market Leader still up but not as much as before. There is our new sector, the 11th sector of th
Stephanie you have been watching a moment of silence in brussels as the city begins three days of mourning. The attacks yesterday have so far left a total of 31 people dead and 230 injured. For the latest on the investigation, we are now joined by bloombergs ryan from brussels. Yan, give us the latest. Ryan well, were learning an wful lot from the people who started the attack. Police apprehend adamant that is the mastermind of the attack. He is a 24yearold of an individual. Going into today, he was in syria in early 2013. And then a very minimum, he was an associate of one of the participants in the terrorist attacks. So as we look at the belgian and french Prime Ministers there at the mourning ceremony for the People Killed here in brussels, you can bet that they will be also talking about how they can better coordinate to make sure there are no more terrorist attacks. Stephanie while clearly today is a day of mourning in the city of brussels and across europe, as far as business goe
A soft feel for a lot of these markets. Futures at the moment, 15 points on the dow. In europe, the dax down by 1. 4 ine point force the red. A break below 1. 07 for the first time in a team as per this is the kuroda pain train. Another four percentage point spirit as the dollar weakness kicks in, it is another weak dollar, sinking to another 11 month low. A weaker dollar, commodities go higher. That is intact. A lot to break down in this market ahead of those earnings across the oil majors. But now lets get to breaking news. I roe v is going to buy have the roe v stock appear over the last year. Let me throw up tivo here. To see just how it is done over the past year. It has come down over the past year, but it will surely rise today because it is trading right now for 9. 42, and it is 70 g offered for 10 10. 70. Pampers ofeenex, the whatever you call these settop boxes. Lets look at the shares in europe. Was onceell after what the most profitable carmaker in the world reported a loss
Welcome to the program, everybody. This is countdown, live from london. Just at 6 00 in the morning here in london. Let us get to breaking news this morning. We have a lot earnings coming through, starting with the business that is syngenta. In the process of becoming acquired by the stateowned at 43 billion. In the meantime, they have given us an update. Performance is resilient in a challenging marketplace. They are giving a sales number for the First Quarter, 3. 74 billion, just ahead that was estimated by the market. There has been a host of mergers and acquisitions, dow chemical trying to merge with the rival dupont as well. A lot of talk about on the m a, and whether the deal with china will go through. Trading through the offering price, we saw traders talking about only a 35 chance of this deal actually being done. Concerns ingulation the u. S. Particularly around this kind of industry, seem to be a concern for some watching the sector. Let us move on. We have a lot of news com