Picture in a moment. Lets take a look at what were seeing right now, the Dow Jones Industrials down 220 points, thats a loss of about 1. 5 . The nasdaq composite down nearly 2 at 4025 and the s p 500 in that pullback load that we were talking about, and january 15th was alltime high for the s p at 1848 and change. So right now 1754 would mark a 5 pullback, and people are wondering whether this is an entry point, do you wait and see . Friday is the jobs report, traders talking about the fact that the last jobs report was so weak, so thats something that also weighs on traders minds. January was a tough month, we saw the biggest point drop this history of nearly 900 points, and heres a look at the volatility index. Its right now up 7. 7 . Shows our fear gauge. Back to you. Lori okay, nicole. Thank you. Adam and the weak data started overseas, the official reading on chinas Manufacturing Sector showed it slip today a six month low in january. The report was in line with expectations, but
Ecbs unlimited bondbuying program. And the olympic flame arrived in sochi ahead of tonights ceremony. Many leaders will not be turning up at the 2014 olympics. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. The olympics get its amazing to think the olympics are under way. It seems to far in the future. Yeah. And yanick node is with us. Come in, come in. What did you say . Im going there next week. Are you . Yes. Fantastic. Are you competing . No, no, im not competing. Well talk to you about that. More from him in a few moments time. Plenty of other things coming up on this show. A tough week for social networking stocks, right . Disappointing outlook from linkedin sent shares lower after hour after twitter lost a quarter of its value on thursdays session. What to expect from indias latest gdp reading where growth is expected to accelerate. Purchase, telecoms. Purchase . Well find out. The latest accepting payments in bit coins. Well be in
Racing against the clock trying to find a solution to the crisis in ukraine. U. S. Secretary of state john kerry and russian counterpart Sergei Lavrov have been meeting. Dana lewis is in london, and dana the meeting just breaking up, but it appears if you could sum it up in two words it would be dug in. It couldnt be a success thats for sure. The john kerry spent five hours talking to Sergei Lavrov and said there was a red line. The russians must not agree with the vote that is going to take place this weekend for that territory to join russia. Otherwise russia will face economic sanctions, travel freezes, and it appears that that is where we are headed after all of these meetings. Serg Sergei Lavrov held a press conference and he said we had constructive talks, but we do not have a common vision of the problem. Lets listen. Translator as to the practical matter that should be taken or could be taken by foreign partners of ukraine, we do not have common vision of the situation. The dif
Firework which would handily beat the previous record of 77,000. This is just a few of those many many fireworks. I love that it is in a display of extravagance and decadence it is kuwait against dubai. It makes sense. You have oil money, you need something to spend it on. If i had that money, i would spend it on fireworks and other things. We will kick it off with the big three index. Are filling in obviously for adam and trish. Rising just a tiny bit today but really capping off what has been a phenomenal year, over 29 thate game for 2014 and does not include reinvested dividends. Lets take a look at the 10 year here. Also a great year if you were shorting bonds. The yield was up over three percent today. It is interesting if you look across the spectrum, i find the 40 year to be more interesting. The tenyear is what is directly linked to mortgages or driving that which is what most people find interesting about bond yields. Take a look at at the gold futures here. Also a good place
Because its failing. True or false . False. I think what most americans want us to do is not repeal obamacare but fix it. The president is working to fix it, we are working in the senate to fix it, we urge our republican colleagues to join us in fixing it. The bottom line is there are a lot of good things in obamacare that people like, and the more people see that, the more positive its going to be. And i would just say one other thing with all the focus on obamacare, david. The number one issue in the 2014 election is not going to be obamacare or the deficit. It is going to be who can get the middle class going again . Who can expand middle class incomes, who can create jobs . That is far and away the issue that most Americans Care about. Fair enough. Thats going to be the argument. But senator coburn, you know your colleagues, especially those who are running for tough seats in the south, theyre going to make obamacare an issue and theyre going to focus on the thought that government