Any mutualization. Vonnie we are seeing a nice bounce for equities today. The dow in the s p both up 1. 5 to 1. 7 . The nasdaq up 2. 1 . All Industry Groups in the s p 500 higher, even though we are off our highs for the day. The one teetering on the edge is the home wherein transportation index, but they are basically flat to down 0. 1 or so. Some good earnings overnight. Many companies, including kimberlyclark, just getting rid of guidance altogether for the year because it is just impossible to know how the rest of the year is going to pan out. The likes of twoputt lake the likes of chipotle up, and Companies Like halliburton up. Diamondback up 8 , bouncing after getting absolutely hammered the last couple of days. Lets carry on the conversation about what is happening in the crude market, a big focus right now. Following that report on inventories. Weve also got the president s comments on what could happen the gulf when it comes to iranian boats. That is having an effect. Brent bo
Good. The uncertainty around the talks casts new doubt on growth. Robert kaplan says he is not sure the u. S. Economy can severe downturn. They see a power play to a new brexit deal. Gilts shery jump. Shery lets get you gilts jump. Gaining. 25futures percent after positive comments coming from President Trump on trade talks between the u. S. And china. Themism was already felt in regular session with the s p 500 closing. 6 higher. We had banks and automakers leading the gains. It did not hurt that we got u. S. Cpi members below expectations this morning, doing little to discourage Market Expectations that we could be more fed easing. The best performer on the markets today was the Energy Sector as we had wti rebounding from a two month low, gaining the most in three weeks after the secretarygeneral came out and said its members and allies, including russia, would do whatever it takes to avoid another oil slump. Lets see how markets are trading in asia. Sophie australian markets are ope
We are seeing a markets trading sideways. A lot of the focus is on potential risks and the potential headwinds that could hit the markets quite hard. A lot of it to do with geopolitics. Keep an eye on the u. S. China trade talks. You can see the stocks europe 600 gaining. A similar move for the s p 500 futures and the 10 year yield is at 1. 54. Coming up, we will be speaking to the shell chief executive. Dont miss that exclusive interview just after half past 10 this morning. Lets get straight to first word news in new york city. Balance sheet growth resumes for the Federal Reserve chairman Federal Reserve, chairman Jerome Powell says dont confuse this for qe. In no way beuld confused with the largescale asset purchases. Neither are the recent technical issues nor purchases of treasury bills we are contemplating to resolve should materially alter the stance of monetary policy. Chairman powell also hinted at the possibility of another rate cut. He was confidence the economic expansion c
My ability to talk about the market, because alas we didnt have one. For me, it is right smack in the middle of earnings season. And then draw some mid season conclusion that can give us a sense of what awaits us in the final months of do 12. The report is so stark that we have to go over them right now before it starts up again tomorrow. First, our company has spent years and years and years trying to distance themselves from what seemed to be the no growth usa market. The unified currency opened up the market that was right for us expansion. Second, they took part in a tiny grab that has provided us earnings for several years now. We are making the move to comment on the Conference Call that gave you hope that a companys business could have another leg up somewhere down the road. Ki china play became a prize possession on call treat. Hallelujah who is going in there, rush thea, brazil. Where companies were starting to do business. It meant that you were provicial and you were hostage
My ability to talk about the market, because alas we didnt have one. For me, it is right smack in the middle of earnings season. And then draw some mid season conclusion that can give us a sense of what awaits us in the final months of do 12. The report is so stark that we have to go over them right now before it starts up again tomorrow. First, our company has spent years and years and years trying to distance themselves from what seemed to be the no growth usa market. The unified currency opened up the market that was right for us expansion. Second, they took part in a tiny grab that has provided us earnings for several years now. We are making the move to comment on the Conference Call that gave you hope that a companys business could have another leg up somewhere down the road. Ki china play became a prize possession on call treat. Hallelujah who is going in there, rush thea, brazil. Where companies were starting to do business. It meant that you were provicial and you were hostage