In the absence of china and hong kong in the market, also india close today, as well as taiwan, we do have malaysia coming online as expected. It does kind of feeling we are getting a slight drift into the risk of sentiment. Lets go over to david, who is taking a look at how the markets are going. We had a week cue from wall street overnight, but it is important to say that this is a lower as opposed to a sharp leap into drop off territory. David absolutely. When you consider what happened overnight, the First Quarter was not a normal quarter. When you look at the sort of acrosse are not seeing markets, its a time of consolidation. When you look at asia, its not surprising, not exactly a rush to the exit. We have been trading around these levels for the last hour or so. Have a look at dollaryen. Holding at 19,000. Have a look at gold prices. Want to mention here. Gold is back to the highest level in five or six weeks. The other story is the pullback that we are watching. This is across
Weather this morning. anny hong dry conditions will persist into the first half of the day with light precipitation possible across the northern portion of the region from this evening into tonight. Dry conditions return by thursday along with a warming trend into friday as High Pressure builds aloft. Dry weather looks to persist into the upcoming weekend with temperatures near seasonal averages. No major hot spots. Bay bridge wb 80 is less then 30 min from the maze to sf. San mateo bridge less then 30 min from 880 to 101. Golden gate bridge drive time less than 30 min from 37 to the toll plaza. james breaking news this morning. Police are investigating a shooting in San Francisco. It happened around 1 45 this morning near the intersection of bayshore boulevard and industrial street in the citys bayview neighborhood. Police have not released any other details this morning. We are working to gather more information and will bring that to you as soon as we get it. james in the south bay.
Quarters of one percent. Lauren oil prices gained 1 last week to hold above the 50dollarbarrel mark. Nicole bank of america, netflix, among Big Companies expected to report today. Lauren Tesla Ceo Elon musk delays Product Announcement saying that whatever it is it needs a few more days of refinement. Itll be a new auto pilot system. Nicole in sports Los Angeles Dodgers is a oneman show. Dominate and dallas dominates green on their own turf. Lauren welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Nicole we begin with this this morning, Iraqi Government launching a major offensive to retake the city of mosul from isis. The Iraqi Military and Kurdish Forces began operations to led in Coalition Strikes. Lauren quote, we are confident our iraqi partners will prevail against common enemy and free mo sul hatred and brutality. The United States estimates more than a million civilians still live in that city. This comes four months after iraq
Nikkei down onethird of one percent. Shanghai composite up a quarter of 1 and congress honing trading was close bus because of a typhoon that threatened the island. Up slightly right now 50. 65. Stock to watch today microsoft. Cloudcomputing business is kicking in high grear. Lauren in sports rogers scorches Chicago Bears. Are you awake . Nicole we are. Welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Lauren British American tobacco offering to buy reynolds america. The value is 93 billion. Offer represents a 20 premium over reynolds Closing Price yesterday and deal brings camel, new port and shares of American Tobacco both higher as you can see in the premarket. Nicole also breaking this morning a day after the final president ial debate, donald trump explaining what he meant when he said he might not except accept a election result. I would accept a legal election result and i will challenge in the case of a questionable result. Ni
Nicole japan was a bright spot after a weak e yen did help to lift export and financial stock. In China Shanghai composite finished down one quarter of one percent. Lauren Oil Prices Still hovering just below 50 a barrel. 49. 55. Nicole a tale of two tie attendance amazon sinks and google, we will have all the details for you. Lauren chicago cubs and Cleveland Indians gear up for game three in the windy city, would you pay a million bucks for a ticket . We will have the story. Nicole hefty price. 5 01 a. M. Friday october 28th, welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Lauren and breaking thuis moment scary moments last night. The plane carrying Vice President ial candidate mike pence slid off a rainy runway at laguardia airport, no one was injured fortunately but passengers say the approach was bumpy and the plane hit the runway hard before coming to a stop on some grass. Faa says crushable concrete barriers stopped the plane