But were holding down the fort. Japans nikkei reopening after yesterdays Public Holiday and it plunged. 4. 8 . It closed at its lowest level since october 2014. The index is down in seven of the last eight sessions. That is coming as the yen has been rising against the dollar and it comes after yesterdays big selloff in the u. S. This years lowses have erased nearly 1. 8 trillion in value for investors just on that index. The s p is down 10. 5 since the first trading day of 2016. But u. S. Equity futures are rebounding this morning. Part of that is because of firmer oil market. Take a look at what crude is doing. It is bouncing back today following Late Afternoon comments by an opec Energy Minister from the United Arab Emirates that sparked hopes of a coordinated production cut. And though weve heard this story before and havent gotten anything out of it, the markets are interpreting that as a positive. Wti he crude currently up nearly 4 . 27. 21. Brent is sitting above 31 a barrel, up
Rating to junk. The highest Interest Rates in nine years and a recession. There is a corruption involving petrobras, the state oil company. No more secondclass citizen status for apple tv. The settop box has taken a backseat to the iphone. Tom im buying one. Tim cook has unveiled a major upgrade. We believe the future of television is apps. In fact, this transition has already begun. We are spending more and more time on our computers and mobile devices, enjoying great tv content through apps, such as itunes and netflix and hulu. And bloombergtv, of course. There is also a bigger i cut design ipad design for business customers. Tom im buying one. [laughter] they dont like the iran deal, but they are not bound by the deadline because president obama has not given them details of side agreements. New York Governor Andrew Cuomo is prepared to support raising the states minimum wage to 15 per hour. He will make the announcement today during an appearance with Vice President joe biden. The
He s back home wearing a different uniform brooklyneagle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brooklyneagle.com Daily Mail and Mail on Sunday newspapers.
Construction is underway on part of a 171-mile “starter” line connecting a few cities in the middle of California, which has been promised for 2030.Meanwhile, costs have continued to escalate.
America’s first experiment with high-speed rail has become a multi-billion-dollar nightmare. Political compromises created a project so expensive that almost no one knows how it can be built as originally envisioned.