Worldwide exchange. Good morning on this holiday week. Lets get to the market picture. As we said, we did have declines for the dow and the s p last week the nasdaq was able to hold on to a 0. 4 gains came on slight losses on friday as we said for the week its held slight declines, two in a row for the dow. This morning we are pointing low. A little bit of weakness and thats fed into futures markets. Dow is down 13 yields slipped again last week ending at 2. 35 on the ten ear. Weve slipped a little further over the week end. 2. 34 at the yield on the ten year, short end of the curve they have seen yields rising so that flattening. Its a bearish signal. Its been one of the biggest stories over the past week we turn to asian equities, really a mixed session there today. We saw the japanese nikkei close lower again today down. 6 of a percent. Man, talk about a reversal of the chinese stocks the hong kong hang seng is up. 2 of a percent shanghai composite up. 3 of a percent. Thats after st
So were told. Snowmageddon snowpocalypse, whatever, a blizzard. If you havent heard by now its coming this way and it will affect tens of millions of people. We are live at major airports with thousands of flights already canceled at this hour. A state of emergency has been declared in new jersey in new york. I havent heard if connecticut has but they should. Connecticut they have shut down the major roads, major highway transportation starting at anywhere from 7 00 to 8 00 to 9 00 p. M. This is one of the biggest preemptive moves weve seen for a storm. Obviously if it doesnt pan out there will be a lot of guffawing. But you cant take too many precautions with the wind and the ice and the potential for power outages. We have the latest on where the storm is heading and how many feet of snow you may be waking up to tomorrow depending where you are. Thats right. Were measuring it in feet not in inches this time around. This one apparently is the real deal. So well keep you updated on all
A route the world famous c. Voyage of ferdinand magellan. Id rather erase linked to military interests, erase linked to political and military, christy, but it was so linked to many financial interests and adventure full of hardships, dangers and death 3 years. And that would change the world forever. But jillions journey around the world starts september 7th on d, w. Ah, gas prices leaf is europe. Supply is squeezed, a russian decision to shut off the nod stream one pipeline and definitely takes its toll along energy costs. Markets and the euro. And turkeys official inflation figure edges of again its now over 80 percent. The how reliable is that number 50 to be a business. Im robust in berlin. Welcome to the program. European gas prices again, reach near record highs on monday. You countries are digesting the implications of russias decision to switch off flows down the north stream. One pipeline to germany announced late on friday. European stocks dropped to the stars of the week an
Said it was just gonna be for 3 days and then it turned out its indefinite. But its not a surprise. Is it a no, not at all. Its not a surprise that the, the only thing is not so long as we are not making a decision by we, i mean, the European Union, we suffer unpredictable consequences at the timing were put in decides and to inflate their pain. And so either we have to find a way of change and controlling the message here for as long as we dont decides and put in then it is capable of actually changing and turning the top off whenever lights so. So youre suggesting that it should be a decision taken by the European Union to stop importing russian gas . Absolutely, absolutely. But what would the impacts of that be . I mean, theres a reason why that decision hasnt happened so far. Its that the unique russian gusto. Absolutely. But one way or the other were going to have to do without it, and we see it happen. The winds of president bush and what, what do you mean right now is to find a
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