State of austria it is thursday, march 5, 2020. Worldwide exchange begins right now. Welcome to the show,we are kicking off this thursday morning with wall street waiting for another wild day on track since 2011 there have been four swings in the dow you can see those two splochs represent the single point gain adding some 190 points alone futures are telling a different story this morning. The s p down by 65 the nasdaq down by almost 100 at this stage in the bond market, the 10year is back above this we are right around the 1 mark. The twoyear note yields 30year long bonds there early trade in europe now. We are seeing red across the screen the dax off 1 ftse 100 off by 1. 3 denmark and turkey, the only markets showing signs of life in trade. Overnight sessions in asia will swing that way the shanghai composite up 2 . Well go to matt for more on asian trade. Asian markets mostly ending in positive territory after that big snap for us, one patch of red hear the china markets and hong k
Exchange. Im Contessa Brewer in for Brian Sullivan the pentagon confirming overnight that general Qassim Soleimani has been killed. The leader of the elite revolutionary guard in a targeted attack at Baghdad Airport. The attack came at the direction of President Trump the major averages are set to open in the red on this news lets take a look at the futures down across the board. The s p 500 indicated to open down 35 points the dow indicated to open down 273 and the nasdaq off by 114. Lets show you this quick Market Reaction we were watching last night off a positive close yesterday just after 8 00, the news came in about that killing of the leader of the Iranian Revolutionary guard. The plummet now again. Dow futures off by almost 1 across the board, we were seeing a swift reaction with the Energy Markets as well. Right now, wti is up crude is up 3. 5 as well look at the chart. What happened as the news came in wti spiked as the news came in just before or just after 8 00 p. M. We saw
We are down across the board these would be losses for the week that will end four weeks of gain weve seen up to this point. Does this count as the first week of 2020, even though it is only two days . We could look at the fiveday thing and if it is up, we could say that is the first week this is up as we see crude oil prices jumping we see that wti is up 4. 1 the gain to 63. 72 a barrel ice brent up by 4. 3 Natural Gas Prices up. Crude is the real focus as tensions are on the rise in the middle east. The market is up 30 from last year that is a place for people to look this year as for gains. We are moving crude from 60. We are not moving from 62 but based on the tensions rising you think about the heighten tensions and what this will mean for the potential repercussions in the middle east the idea of additional strikes of any ships going through the straits of hormuz, people will be watching that closely theyve been blessing with the Oil Production for months. We always look forward
Crude Oil Last Week which hit the highest interday wti up to 63. 72 an barrel ice brent crude is up to 69. 49. Gold hit a nearly fourmonth high last week posting its eighth straight positive session on friday. Longest daily winning streak since june of 2019 right now gold price is up another 1. 75 to 1,579. 60 an ounce. Our top story, tensions with iran escalating over the weekend. Eamon javers has the latest from washington good morning. Good morning, joe the iranians were vowing revenge over the weekend the administration took to television to explain its decision to kill that iranian general who was in iraq last week and to offer an explanation for what its plan is Going Forward. Mike pompeo said the administration is prepared and ready to handle anything that the iranians respond with. Heres what he said. If the American People should know that we have prepared for this, that we are ready well talk cultural that our responses are lawful and the president will take every action nece
China. Facebook falling. A new report says the social media giant is no longer one of the best places to work. And a strike again. Yankees inking the largest contract again for a Major League Pitcher all of this as Worldwide Exchange begins right now good morning and welcome to the show im dominic chu in for Brian Sullivan trying to snap a twoday losing streak all remain negative so far the dow would open up just about four points, the s p about one point and the nasdaq about seven points pointing to the big fed decision later today. We are seeing some signs here, movement there to the down side 1. 86 . 10year note deals, twoyear note deals ahead there you can see the major board says hang seng up, shanghai compositity up and the kospi about flat for japan in european trade, german dax up 0. 10 . The cac off about a quarter a percent as ftse 100 around flat as well. So the faa is reportedly creating a new Safety Branch to address gaps in their oversight. The faa has come scrutiny for a