Cigarette craze. Well tell you about all of it on this thursday, september 12 as Worldwide Exchange begins right now good morning, good afternoon, good evening thank you for watching the big question is can the dow make it seven in a row not a huge gain but they are up 59 points right now. I guess so much fopution as thef the year for stocks. There are 91 stocks in the s p 500 that are up more than 10 this month that is seven days of trading. Not bad. The bond market has seen yields come up. Yielding 1. 72 around the world, we saw gains in japan and main land china both rose overnight. The European Markets mirroring asia very slight gains for some of the bigger ones. More on the markets as wells first, breaking Corporate News this morning the London Stock Exchange is set to reject the Hong Kong Exchanges 36. 6 billion bid. This comes as they perceive Political Risk gains fall sharply wiping some 1 billion off the market value in a chance to digest the unsolicited bid. Hong kong market
It is seen as a trade war olive branch. American farmers remain under pressure. Bid from thees a hong Kong Exchange. Lawmakers are concerned about potential National Security questions. Shery lets get you started with a quick check on how markets closed. We saw the s p 500 gain ground and close above that 3000 level for the first time in six weeks. We had Health Care Stocks and tech leading the gains. Interesting, the nasdaq finishing at the highest level since july, rising for the first time in four sessions. Into valuee rotation stocks. They subside a little bit. The u. S. Futures unchanged, but lets see how we are setting up for asia. Sophie south korea closed until monday. We are seeing futures knowledge higher nudge higher. The nzx 50 treading water. Euro, it isthe little changed after briefly theing below that ahead of ecb meeting which bank of America Merrill lynch is calling the most unpredictable of the past five years. In asia, switching the board, the highlight will be malay
President trump says talks with china have been good and xi jinping wants to do something. Alibaba beat the highest revenue estimates defying the slowdown with a june sales bonanza and robust demand. Lets get you a quick check of how markets closed that there is a session in the u. S. A very volatile session at 10 trading day. We saw the s p 500 fluctuating 12least 1 in the past sessions. It did manage to end the session higher by. 25 , this coming as we saw quite strong earnings reports from walmart helping investor sentiment. That also being helped by the fact that we got some strong economic data. U. S. Retail sales jumping the most in four months for a fifth consecutive session, consecutive months of gains. Still, there was not enough for the treasury rally to subside. Take a look at treasuries because that rally resumed. We saw the 30year yield now breaking below 2 for the First Time Ever. The 10year yield also at one point falling below 1. 5 , now at a threeyear low. Treasuries f
Its worth the risk of a recession to get a big deal done out of control, Jeffrey Gundlach has strong words ahead of this weeks big jackson hole symposium and then tech under fire as well it is wednesday august 21st and Worldwide Exchange begins right now. Good morning here is how your money and the Global Markets are up, the dow will open up around 140 points the s p by about 17 and the nasdaq by around 63. We could get back most of what we lost yesterday. This after the dow and the s p snapped three day win streaks. The nasdaq coming off its first down day in three. The bond market certainly a key focus as well. And the current yield floating below 1. 56 . 1. 59 the last trade there, 1. 539 if you take a look at that yield, its maybe just a bit wider than it was over the course of the past couple of weeks. It is the president front and Center Taking on everything from trade war to the fed to the state of the u. S. Economy. Nbcs tracie potts joins us now from washington. So tracy we ca
Yields, lets look at how the bond markets in asia are looking. Boj stepping in to stop the slide in yields. Yields have been below the target of the boj. How much can the boj do . It cut its bond prices by ¥30 million today. Will it do more . Stimulus over the next six years not helping. We have new zealand 10 year yield below 1 currently, ann australiad 10 year yield below one as well. We talk about inversions of two and 10s, it looks like asia may be looking at the same phenomenon. Some are looking at singapore and australia to experience those inversions. Yvonne lets take a look at india. We potentially could see a catchup rally. We are seeing that in the cost the already kospi already. The nifty closed up 110 of 9 . 10th of 1 the rupee at 71. 44. We heard a speech from Narendra Modi heading back at critics on his decision to revoke kashmirs autonomy. Impact talk about the that violence has seen on the economy. Lets get to first word news. China has slammed looming u. S. Tariffs, s