Good morning warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Lets check in on the Global Markets. Futures pointing slightly lower as we look at things down a couple points 0. 6 points for the dow the nasdaq down 5 points it comes off a day of big gains. Up 1. 25 for the dow yesterday the nasdaq was up over a percent as well. The s p up just less than 1 lets look at in terms of where were going next coming up is the bond market nope bond market next tenyear treasury note coming up a yield of 2. 55 this morning. 2. 6 , we have crossed over that important milestone on the tenyear treasury note amazing to see the fiveyear is around 2. 4 that level we took so long to get past on the tenyear we got data out of china Fourth Quarter gdp at 6. 8 slightly above the 6. 7 consensus. That leads the full 2017 growth rite at 6. 9 retail sales were softer japan is lower the other markets are higher european trade, down about a half percent for the week as a whole. Coming in to a mixed se
Midnight. And lawmakers appear to be far from a deal. If an agreement isnt reached and a spending bill isnt passed, the government should shut down. The president today said that is a real possibility. F the country shuts down, which could very we be, the budget should be handled a lot differently than it has been handled over the last long period of time, many years. That kept a lid on stock prices. The Dow Jones Industrial average dropped 97 points to 26,017. The nasdaq was to have two and the s p 500 fell 4. 5. What could happen to the market if a hutdown is not averted . Reporte stocks have been off to the races so far in 2018 but the looming threat of a possible Government Shutdown two throw the rally for a loop. We have already seen the markets losing steam today. Remember, the dow just closed exactly does a shutdown really entail . The government would stop spending it. Messily applies to discretionary d and debt payments would not be affected. Neitr would military spending. The
Google surging. Ge shows strong profit in the industrials unit as the Company Continues to shed the assets in finance. Amazon says hater can hate but prime day is here to stay. The company saw a 93 prime increase. The germans say yes to starting the bailout talks. Were waiting for a formal announcement that talks will start on monday to keep greece in the eurozone. First up google up sharply on strong quarterly results. Up 25 in the past week. It beats the street. The Company Called out a Strong Performance in mobile in youtube and program advertising, but its an increasing focus on cost thats getting the attention today. This is ruth porat on the call last night. To be clear, the prioritys Revenue Growth but pursuing it is not inconsistent with expense management. And as i noted were just starting the 2016 budgeting process. In my experience the best way to slow the rate of growth in expenses is to work closely with Business Leaders anchored in data so we can identify ways to prioriti
Into stafford, you will see an issue with the center lane blocked. This is the northbound side between exit 133 and Center Point Parkway right now. You get above that, close to quantico, into triangle, you should be good to go as you make your way to the capital beltway. If anything, we just have volume on the northbound side but you will see the slight delay once you get toward that accident in stafffords. Back to the maps. No major issues. Still fairly quiet on 395 and 295 both on the maryland and d. C. Side. Your next traffic update coming up in ten minutes. Well send it over to you. Right now police need your help to identify six men that they say are responsible for that deadly driveby shooting that happened right here outside of the shawhoward University Metro saturday afternoon. You may remember by now that killed an innocent bystander, 23yearold matthew shlonsky. He was an American University graduate. Lets get right to this video so you can take a close look. See if you rememb
When Steven Vander briel entered his plea in court this morning. Reporter hes accused of killing grace mann. Steven vander briel stood in front of a judge as the charges were read out lied. Murder, strangulation and abduction. He pled not get to all three. His arraignment lasted only about five minutes and his attorney ordered an evaluation. 20yearold grace mann was a student at Mary Washington and house mates with vander briel. They got into an argument. He hit her and then strangled her. Her body was found by her other two roommates who testified last time they were in court that graces hands were bound. A plastic bag was stuffed in her mouth as well as over her head. The other to roommates testified that right before her body was found, vander briel asked them a disturbing question. What would they do if grace was no longer here. He is due back in court for a status hearing november 5. In fredricksburg, im nikki burdine, wusa9. Grace mann was a mclean, virginia native. D. C. Police