Good morning. Welcome to worldwide exchange, im sara eisen. Im willfred frost. Lets check in on the Global Markets after another selloff on wall street. Energy bore the brunt of selling yesterday. Futures looking calmer this morning. S p 500 futures up 6. Nasdaq futures up 17. Here we go again, on again and off again risk aversion. The volatility is back and moves are getting bigger. Were not seeing a triple digit move in dow futures. We saw that yesterday and the day before and the day before that. Well see if this relative calm lasts. The futures market has not been a good indicator of the days trade ahead. Whether the futures have been green or red, weve led to some quite significant declines. Do keep that in mind as we get closer to the open. Yesterday big declines across the board. Tech was the relative outperformer, only down 0. 6 . Apple significantly gaining. It was the only stock to be up on the dow after some of the Telco Companies released early sales figures for the iphone.
The World Health Organization declares the Ebola Outbreak an International Health emergency, warning the virus will continue to spread globally. And the stock trading higher in front thanks to a drop in revenues. The firms cfo tells cnbc hes backing bill gross to turn around the funds performance. Youre watching worldwide exchange, bringing you Business News from around the globe. Hello, and welcome. Youre watching worldwide exchange. Julia still on vacation. Im going to be filling in for her for the rest of today and next week, of course. Weve got a very busy show for you today. Turkey prepares to shoate. Wage his political grip on the country. Plus, as the w. H. O. Declares the Ebola Outbreak a Public Health emergency, how is the virus actually treated . We find out. And are we amid a Market Correction . We preview your trading day with a guest who thinks the moves are much ado about nothing. Lets get back to our top story. U. S. President barack obama has authorized air strikes agai
Dollar. We have been producing 100 in italy and we have been struggling in the past two years. So with a strong euro germany and the u. S. Warn moscow of further sanctions after nato releases images suggesting the Russian Military is supporting separatists in Eastern Ukraine. And one hour to go until we get the highly watched eurozone inflation data that could provide clues on the ecbs next policy move. We are falling again ahead of the release. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Good morning, everyone. The headline this morning coming out of tesco. Tesco trading sharply lower today. Down by 6. 6 . It was down by as much as 9 before after the Company Issued yet another profit warning. The third time in three years the struggling grocer has slashed its interim dividend by 75 and announced that incoming deal, dave lewis will take up his post next monday. That is one month earlier than expected and thats obviously weighing on som