And telling us about Economic Reforms are urgently needed during the last 20 years, did not have the courage to change the things good morning, everyone it is monday, glad youre with us once again. Unfortunately it is another monday where were going to have to discuss the latest nuclear test out of north korea. We all sound like a broken record heres how the mashlgts are taki markets are taking it. This morning is off. Investors taking money out of the table, moving out of equities, into safe havens gold at a ten month high and treasuries as well european indexes one by one. Red at this point. Lets have a look at the sectors one by one autos down 0. 2 . They have not received offers for the company yet. Banks down this is cyclical 06 by 8 and oil off. 3 gold producers in light of the news, south korea is deploying remaining Defense Systems as reports surface that north korea is getting ready to launch another missile that coffuld have intercontinental. Initial confirmation backs up the
Would be down a quarter of a percent for the year. Scarlet down to the wire. Julie very exciting. Its been sort of paring its declines as the day has gone on. Like it has for so many days this year, particularly in the last quarter of the year. It is tracking oil prices. Take a look at the bloomberg terminal. Earlier, we had a it in oil. Take a look here. Here is the s p 500 in white. Here is oil, the trajectory going right along with stocks. That is quite common. We have been looking at this correlation between oil and the s p 500. Chart. About a 2. 5year that correlation is at about 0. 4. Not an exact correlation, but a relatively high one. And we see it anecdotally, that the two are moving and chan in tandem. Scarlet what about natural gas here . It tends to move on weather and the weather has gotten a little bit cooler. Julie natural gas has had another pop today. It fell sharply yesterday. It is a bigoted a, up by 7 . The gains it is up again today, up by 7 . You see all of the ga
Press releases today this did not end ammic bring. We have more details on what happened here today. Yes. Also yahoo getting active. Shares surged today as investor taking a big position in the stock. There it is up. We will have the latest on whos behind this and how ceo is reacting. Also, of course, these markets, i mean, volatility is back in a big way this week with the dow bouncing back after one of the worst days of the year yesterday. The dow enjoying its best day in seven months or something i saw. 181 points. Undoing some of the damage of yesterday and we shouldnt forget the week its been. Tripledigit moves in both directions. Maybe its that time of yore. We got the s p up 17 points. We are at 1983 at this hour. Nasdaq doing very well up 44 points. But again, i mean, we have had 100point swings for the dow every day this week. Multipercentage moves for all the major averages. Three of them down. Two of them up. Look at the russell. Up right now at 1118. Lets talk about it. In
The freedom of speech, the culture, the democracy. This was the target. It is the ideal of peace and justice that france carries everywhere on an international scene. The head of the paris mosque called on muslims to honor victims. There is a global rally. There is growing speculation that the European Central bank will begin quantitative easing in the u. S. Interest rates will probably not be raised until late april at the earliest. Two terms before any raise and Interest Rates. A vote of confidence for bill gross by bill gross himself. Most of the money in the janus fund was moved from his own mutual fund. Shares of tesco are up 11 . David lewis has continued his turnaround plan. Lets return to our top story. Overnight, tens of thousands of people gathered in squares across france and in london and in berlin and new york to pay tribute to the victims in paris. Crowds assembled with signs and smartphones saying je suis charlie. Please continue their search for the gunman. There are ne
Salesforce is working with Financial Advisors to field takeover offers. We want to get straight to it. Cory johnson in San Francisco what more can you tell us . Corey some Financial Advisors have been consulted with by salesforce after they received an acquisition offer. We do not know who the acquisition offers from and what bankers they have consulted with good but we have multiple sources with that. Furthermore, we see reaction the stock market shares of salesforce went bonkers as soon as we put our story out on the number terminal and continued to rise until the stock was halted just because of the volatility. The stock is up 12 . Salesforce is a very expensive stock by just about any standard. If we look at earningspershare , based on a pe basis, after acquisitions, it has not generated any catcher many years except for last year. But they have done a lot of acquisitions and their Main Business of licensing out soccer by the seat has helped them grow revenue substantially. Alix wh