Im sara eisen im mike in for bill friend frost. We are starting friday with a song from taylor swifts new album. It was released at midnight. Featuring ed sheeran i will hear a lot of it around the house. Wilfred took the day off because it was such a big day and releasing the album. He needed to take it all in lets get a check on the Global Markets after a sell off on wall street wasnt as bad as it got during session lows, but the s p and dow had their worst day in two weeks. The pressure continue this is morning. We are set to break an eightweek win streak when it comes to u. S. Stocks, which are pointed lower for the week less than 2 of a decline if you add up the week. Dow down 65, nasdaq down 24. It has been the nasdaq thats been under the most pressure thats also been the biggest winner russell 2000 is down more than a percent. Treasury note yield. Lower yields back to the bottom of the range 237. Although, getting a pop today. Well see where that goes. Selling of treasuries this
With the nasdaq losing almost 1 . The s p 500, we see it holding at a threeweek low, falling as low as 2050. Now recouping some of the losses and coming back down. Map functionat the i on the bloomberg, you will see what sectors are losing the most. We are seen Energy Stocks falling the most right now because oil has now fallen for six consecutive days. Now, another thing we are looking at right now is leasing companies. United rentals look at that fall of more than 6 right there. We are hearing data for may fractionallyld up on the year, rekindling concerns about equipment supply. We have other Listing Companies losing ground today. Look at the airline sector. They are another sector that are badly hit. A now see them falling for fourth in five days. American airlines now more than 4 . They have been just cut to to underperform from neutral by a banker from bank of America Merrill lynch. A say Airline Companies are very vulnerable to shortterm shocks. Seems like a lot of red on the bo
Investors are asking if sterling falls and if inflation shoots up, does the bank of england have a hike rate . E brexit could cause spillovers into the u. N. Economy. Core inflation. But it does see a pickup in inflation. Its delaying investment and spending decisions and the brexit could materially affect inflation and the g. D. P. And jobs. They are not stopping, warning about the risks of brexit. Only a few months ago he said he wasnt going to wade into a Brexit Debate. How things have changed since february. No terrific moves off the back of that warning. My question to you would be, the labor market yesterday, solid. The warnings, do you think into the data . Thats a good question but the p. M. I. Data suggests it is Second Quarter is at. 2 . As you know the end of last year we grew. 4 . The big question for economists and the bank of england is how much of a slowdown of the economy is brexit related . We have had a suggestion that some of the slowdown might be nonbrexit related b
After the biggest Media Company posted its first earnings miss in five years. The Conference Call has just started. This is crucial, because remember, people want to know whats going on at espn. What can we expect, julia . What was behind this miss . There are a couple of key issues that investors will be really interested to hear more about on disneys earnings call. Just starting now. First, bob igers outlook for the Media Network business and espn in particular. Everyones going to be really curious to hear what he said about cord cutting, stabilizing or not and what the potential is for advertising as well as digital revenue. Were also looking for iger to talk about the footnote in the release. Theyre taking a a charge in connection with the discontinuation of selfpublished video console games. A third thing were going to be listening for, any insight into disneys overseas parks business. Disneys domestic parks have been performing well. Disney shanghai is launching in about a month.
City where the telegram is still proving popular. Hello. Its been confirmed within the last hour that the leader of the rebel group has been killed in syria. He died in an aerial raid by targeted his groups headquarters in damascus. The group says its secret headquarters were targeted by what they describe as russian planes. Al jazeera has gained firsthand access to the site of a Maternity Hospital damaged by russian air strikes in syria. At least 14 people have been killed in the most recent attacks on aleppo province. Translator there have been russian air raids against the syrian city in aleppo on the border with turkey. The raids targeted this Maternity Hospital. This is not the first time this hospital has been hit. As you can see, the outer fence has been destroyed, and there are many injured inside of the building. This is some of the damage. And nearby, a petrol station was also targeted by the russian jets. As you can see the flames are still rising. According to witnesses, th