Investors cheer more cost cutting at barclays. The banks new boss says it will accelerate the sale of assets after delivering a sharp rise in q2 net profit. Good morning, everyone. It is 10 00 a. M. Here in london 5 00 a. M. If you are just waking up on the east coast. Heres a look at the u. S. Futures. S p 500 just fractionally higher. The dow jones is up and the nasdaq seen higher by 12 points. This follows yesterdays strong rally. The dow was up by more than 1 s p up by more than 1 . The major averages snapping a fiveday losing streak and closed near the highs of the session. Actually we saw pretty heavy volumes. 4. 1 billion shares were traded on the nyse versus 3. 4 billion that you saw. Today all eyes on the fed and whether the statement will give us any clues on when the fed will move ahead with its first rate hike but also one sector that did extremely well in yesterdays trading session is energy. Saw that up by 3 yesterday because investors came back in and bought some of the
Low cost 5c iphone is selling. Whats billed as the tabloid trial, Rebekah Brooks and andy coulson are on trial in london. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. All right. A very good morning to you. Thanks for joining us. We have a shortened Worldwide Exchange today. Just an hour of the good stuff because the clocks have changed in europe. London is ahead of gmt but the u. S. Hasnt changed. Well go now and well squeeze inasmuch as we can. Ftse 100 up 8 points. Five year highs. Xetra dax up. The cac quarante down 10 . Much stronger in asia hitting a fresh record high. The nikkei trying to recoup some losses from friday when it was down 2. 8 . Roo he bounding today, up 2 . Some of the pressure off the end. We have the bank of japans Deputy Governor coming out saying theres more stimulus if we need it. Shanghai fairly flat. Hang seng up. 4 . The s p asx up 1 . Take a look at u. S. Futures following that record close again for the s p
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