November personal income unchanged, coming in with no change at all. The forecast change up. 3 or 1 , personal spending weaker than estimated, up to this. 1 ,. 3 of 1 was estimated. We look at the socalled pce, personal consumption expenditures, that is something the fed watches and that comes in with a yearoveryear change of 1. 4 on the core bases of 1. 6 . The federal reserves target is 2 . Something to keep an eye on. We also got the leading economic indicators, that also coming in unchanged. Brd got data earlier this with gdp at the point that percent and other numbers as well. Heavy Economic Data day, but is Anyone Around to traded, abigail . Action, not a lot of the dow and s p 500 and nasdaq in small declines. The volumes similar to yesterday. We arrived out of the gate and looks similar to yesterday. Low volume and not a lot of trading but we will be here to watch and see whether or not the averages can creep higher and we may see dow at 20,000, time will tell. We will happen t
Im wilfred frost. Its the last week of 2016. All week were playing the top songs of the year. You missed some good ones yesterday. Did i . Happy to have you back. Its great to be back. Feels like its been a long week away. Happy belated christmas to all of those celebrating it stateside. Lets check in on the Global Markets and futures at this hour. Yesterday we got slight gains. Still not hitting 20,000 on the dow. It comes off about a week or so now of slightly treading water in terms of which way markets are going, on low volumes yesterday and friday the last two trading sessions saw particularly low volumes relative to the year as a whole. We are called higher today. Only slightly. 16 points or 17 points for the dow. 1 point for the s p. The nasdaq 9. 7. One thing is clear for these markets. Well end the quarter with positive gains. Of those three indices, particular lly the dow, which looks like it could hit double digit returns. If we look quickly at the u. S. Tenyear treasury not
Couple of political blows to the donald trump administration, he revealed that the fbi is investigating whether any of the president s associates collaborated with the russian government during the election campaign. He said there is no evidence to back up the president claimed that he was wiretapped his predecessor. In europe, french president ial front runner Marine Le Pen and Emmanuel Macron went after each other in a televised debate, she attacked his record and call for a ban on all immigration and a 35 tariff on certain imports. Macron blasted her for her lack of ethics. A former Irish Republican Army commander who helped negotiate peace in Northern Ireland has died. He was 66. He denied allegations that he took part in terrorist activities during the time known as the trouble. He later became the chief anotiator negotiator for arm and eventually became a leader in the powersharing government. A former south Korean Leader has appeared for questioning for the First Time Since the
Good morning to you from me as well. Good to be back. Great to have you back. A little wedding weekend in san diego. Checking in on markets after a mini rally yesterday sent the dow higher by 39 points. Oil firmed up. A rally is jen roycgenerous. Mini rally i said. A fractional day. We have mixed signals on the futures market. Dow futures up less than 8 points. S p down 1. Nasdaq futures down 1 as well. As for the tenyear treasury note yield, hovering around the 2. 35 level this morning. Inching up to 2. 36 on the tenyear. Do have some potentially market moving information today including adp read on private sector jobs. Ahead of the big jobs report on friday and the fed minutes. More on the markets in a moment. Rex tillerson will a terse response to north korea launching a mittal. North korea launched yet another intermediate range ballistic missile. The u. S. Has spoken enough about north korea. We have no further comment. The question is can anything be achieved on that topic betwee
Straight ahead. Its wednesday, november 9th, 2016. A special presentation of Worldwide Exchange begins right now. Good morning and welcome to a very special presentation of world wide exchange. The morning after. Im sara eisen. And im wilford frost. A very good morning to you from me as well and congratulation to President Donald Trump a. U. S. Futures have been extremely volatile as it started. Dow futures one down at more than 800 points. Its the biggest weve seen since 20011. Weve recovered a lot of the losses and as we march into the u. S. Open, the dow down 300. S p futures down 39. Nasdaq futures. Its getting hit hardest but this has been a Global Market selloff and while we are off the wofrpt level os testify session, stocks are still lower across the board. Nbc news projecting donald trump winning 278 electoral voigt. Hillary clinton projected to take 218. In congress, a clean sweep. The Republicans Holding control of both the house and the senate. Trump aimed for a theme of un