I saw spencer and alek get up. I couldnt get them go alone. If it wasnt for them i would have been dead. Reporter alek and spencer are headed to germany next with their families. Anthony is headed back to the United States with the medal and his family as well. In case you didnt notice, no suits on those young men. The weekend was so hectic they had to go in vacation khakis and polos. They are wearing their bravery. Thank you very much. Awfully proud of them. All eyes on wall street amid a global selloff. The dow inching closer to correction territory coming off its worst week since 2011 including the 530point fall on friday. Well get jim cramers take in a moment. First, whatle exactly is a Market Correction . It occurs when values decline 10 or more, stopping an upward trend. Many analysts believe a correction fixes an over priced or inflated market bringing prices down to their actual value. For some it is an opportunity to get into market that may have been been out of reach. Their
How about the euro, sitting at 1. 20 right now there is the yen at 108. 58 the pound, just watching that one as well. How about treasury yields. Incredible low levels for all that we are talking about in terms of the u. S. Economic impact we are going to get jobless claims thursday and we have the jobs claim friday. That is nowhere near where you would expect it to be. The dollar hit the lowest level. Gold has been on a run. Of course, the yen thats your barometer right there. The german tenure is down to 33 basis points again you had been pushing above. 4 people thought that was an important level. Now, we are back in that world where our yield is getting dragged down the gold price, 1,325 after the launch, people in japan were told to take shelter before it passed over. People got Text Messages and were broadcast i dont know if it is part of their automatic system i would be a little terrified, thats for sure. We showed the Energy Charts in there as well. Not a ton of movement in tha
Historically unkind to investors. Joe, as you know, a lot of people are off sides heading into today. Look at that smile hon my face look at that mile. Fits right into our narrative though this is not what a lot of investors expected. These three gentlemen are trying to make me feel better about my losses. Im telling you how it is. Oh, believe me. When i open up my account tomorrow, im going to see how much less it really is, yeah i mean, listen, trying to be active in the market, hedge out some of the risk obviously i took a very bad position in qqq puts thats an awful position to have this morning you take your loss, you move on, you add mitt your loss not the first time, not the last horrible position, but i do think thematically as i shared with you before, i think the events of both the Hurricane Harvey tragedy and now what were seeing with the florida. Irma. Yeah, irma, what were witnessing there is how does the Federal Reserve have any accuracy in the Economic Data where they wi
Right now. Good morning warm welcome to Worldwide Exchange. Im wilfred frost. Sara eisen is off today. Here are the latest developments on maria the hurricane making landfall overnight on the caribbean island of dominica as a category five storm. It weakened slightly within the past few hours to a category 4 storm. But forecasters warn maria could strengthen as it approaches the Virgin Islands puerto rico is also in the crosshairs well bring you the latest updates on Hurricane Maria as we get them were following a developing story out of Southern California a magnitude 3. 6 earthquake shook parts of los angeles it happened around 11 20 p. M. Local time residents as far away as costa mesa felt the rumble there have been no reports of injury or damage due to the quake. Americas largest toy store is filing for bankruptcy protection toys r us announcing chapter 11 filing late last night. Its one of the largest ever by a specialty retailer the move comes as toys r us looks to relive its 4 4
Good morning a warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Sara eisen is off today. A quick check in on the futures market they are pointing higher, albeit only slightly by 20 points or so for the dow. The nasdaq and the s p fractionally positive. This comes off a day when we had a trifecta of record closes. The gains were small the dow up 2 , the s p and nasdaq up 0. 1 fair to say markets pausing for breath a bit ahead of that fed decision much more on the markets in a moment first breaking news out of mexico the death toll continues to rise following the 7. 1 earthquake more than 200 people are dead, including 22 children who were killed when an Elementary School collapsed. Mexicos president says more than half of the Nations Capital is without power this comes less than two weeks after a magnitude 8. 1 quake hit the country killing 100 people well follow this story and bring you the latest when we get it the other big story this morning, Hurricane Maria is holding