Watch for and wait and see. President hollande did not hesitate at all before rushing into the oel office meeting. As you mentioned, president obama had nothing to say as they were beginning their session deferring until this News Conference in about 30 minutes. Well see you in about 30 minutes, if not before. Thank you for that, john harwood at the white house. Of course, the Market Reaction to this morning to you. You obviously could, and were right back in the days lows. Reassessing whats going on. There are reports that its not just the turkey situation that ukraine is starting to build up again. Reports that they are shutting off the electricity to the crimea and that russia wra is, of course, cutting off natural gas to the ukraines. We have geopolitics on several fronts, and we want to find out what is the fate of the pilot. The worst possible thing to be if he were to fall into the hands of isis. Why is it worth only half a percent so far . Because its an unfolding story. People
Failure and whether it can spread to other areas and asset classes. Are these the seeds of another crisis being sown . I think crisis is probably too strong. When you look at the rates, it really picked up dramatically. It focused on the energy space but the contagions there. You and i were just talking. If you look at the hospital stocks, while health care was leading earlier, health care, hospitals, are getting killed. Why . Because they are distressed credits. Anything that has that taint, are looking for liquidity. The stock, the equity, is tracking it. So definitely there are issues. It comes back to me to the fed. Depends what yellen says as to whether we get a bounce or not. So josh, people are picking up the phone this weekend. Theyre try to call their financial adviser. Trying to see if they have exposure to some of this. All they know, high yield. Do i have exposure to high yield. Should mom and pop be worried today . I would say no. Its not because all is well, but the simpl
The dow transports also had their worst year in the last seven. The nasdaq was the standout. Today the dow lost 178 points to finish the year at 17,425. The nasdaq dropped 58 thanks in part to a 2 drop in apple. Apple turning in its first negative year since, you guessed it, 2008. And the s p 500 dropped 19. For the year the dow fell more than 2 . The big winner, the nasdaq, up better than 5 1 2 . And the benchmark s p was down less than a percent but down nonetheless. Bob pisani looks at what happened. Reporter 2015 was the year almost nothing worked. It started out with a few simple ideas. Oil was weak but it would strengthen in the second half of the year. U. S. Was the best place to invest in stocks in the world. Europe was stuck in slow or no growth. And china was decelerating and also not the place to invest in stocks. Turns out it was all wrong. Oil went to new lows instead of moving up. China was a roller coaster but the shanghai market was one of the best stock markets in the
The dow transports also had their worst year in the last seven. The nasdaq was the standout. Today the dow lost 178 points to finish the year at 17,425. The nasdaq dropped 58 thanks in part to a 2 drop in apple. Apple turning in its first negative year since, you guessed it, 2008. And the s p 500 dropped 19. For the year the dow fell more than 2 . The big winner, the nasdaq, up better than 5 1 2 . And the benchmark s p was down less than a percent but down nonetheless. Bob pisani looks at what happened. Reporter 2015 was the year almost nothing worked. It started out with a few simple ideas. Oil was weak but it would strengthen in the second half of the year. U. S. Was the best place to invest in stocks in the world. Europe was stuck in slow or no growth. And china was decelerating and also not the place to invest in stocks. Turns out it was all wrong. Oil went to new lows instead of moving up. China was a roller coaster but the shanghai market was one of the best stock markets in the
The dow transports also had their worst year in the last seven. The nasdaq was the standout. Today the dow lost 178 points to finish the year at 17,425. The nasdaq dropped 58 thanks in part to a 2 drop in apple. Apple turning in its first negative year since, you guessed it, 2008. And the s p 500 dropped 19. For the year the dow fell more than 2 . The big winner, the nasdaq, up better than 5 1 2 . And the benchmark s p was down less than a percent but down nonetheless. Bob pisani looks at what happened. Reporter 2015 was the year almost nothing worked. It started out with a few simple ideas. Oil was weak but it would strengthen in the second half of the year. U. S. Was the best place to invest in stocks in the world. Europe was stuck in slow or no growth. And china was decelerating and also not the place to invest in stocks. Turns out it was all wrong. Oil went to new lows instead of moving up. China was a roller coaster but the shanghai market was one of the best stock markets in the