Closing up for the fourth week in a row the nasdaq once again closing at another high and lets take a look whats been happening in asia overnight markets in japan and south korea are closed for public holidays. You did have the china markets open with the shanghai markets being closed after a week long holiday. That index was up by. 7 of a percent. In europe this morning in some of the lerl i traearly trading, like things are relatively flat. Slight declines, very slight declines in germany and france the ftse down. Spain is up by. 7 of a percent finally, check out crude oil prices and youre going to see that right now it looks like wti is down by by 10 cents still below 50 a barrel at 49. 20. Thanksgiving in canada. Today unless someone is playing a joke on me they tweeted that in there i dont know what that means exactly. Is it the same they didnt have. Turkeys, pilgrims thats our holiday, isnt it . One of ours. Come on, joe. It can be a totally different reason to give thanks maybe.
Failure and whether it can spread to other areas and asset classes. Are these the seeds of another crisis being sown . I think crisis is probably too strong. When you look at the rates, it really picked up dramatically. It focused on the energy space but the contagions there. You and i were just talking. If you look at the hospital stocks, while health care was leading earlier, health care, hospitals, are getting killed. Why . Because they are distressed credits. Anything that has that taint, are looking for liquidity. The stock, the equity, is tracking it. So definitely there are issues. It comes back to me to the fed. Depends what yellen says as to whether we get a bounce or not. So josh, people are picking up the phone this weekend. Theyre try to call their financial adviser. Trying to see if they have exposure to some of this. All they know, high yield. Do i have exposure to high yield. Should mom and pop be worried today . I would say no. Its not because all is well, but the simpl
Hello and welcome to countdown. I am mark barton. I am anna edwards. And i am manus cranny. 20 of news on the banking sector. The regulator in the u. S. The first to break its cover on this given the details of who they are going to be finding. They have ordered five banks to pay more than 1. 4 billion in an fx probe. Citibank, hsbc, jpmorgan, rbs, and ubs will pay a fine. Not said anything about any conversation they may or may not have had with barclays on this. The banks have said they will cease and desist for further violations, according to the cftc. Some fx traders and banks court knitted coordinated their trading with others. Banks failed to assess risk with cftc is goingthe into detail and word from the u. K. As well. We have got to figure the figure is 1. 1 billion pounds. Before the release a few minutes ago, analysts said that the six , barclays, citigroup, hsbc, royal bank of scotland, ubs, barclays has not been mentioned today. That the fines would total 1. 5 billion. If
Hi, friends. Good morning. Sunday the 26th of june, 2016. Im anna kooiman. This is a fox news alert. Raging waters and urgent rescues in West Virginia as entire towns are under water and the death toll is rising. Dozens are dead and the search for the missing intensifies. And the fallout from the brexit vote hits the race for the white house. Donald trump calling out Hillary Clinton for her silence. She should go on camera. She called brexit 100 wrong. She was 100 wrong and she doesnt with an to go on camera because shes embarrassed. Hillary is on the wrong side of history and her campaign is
responding. Overnight, the fists go flying on the track. Two nascar Truck Drivers losing wit a few laps remaining. What in the world sparked this wild sprawl . Fox friends begins right now. Very good. Very good. Janice dean is already out. It is carnival time. Fox friends carnival time. We have games, food and fun all morning long. One of my favorite childhood memories, getting a funnel cake. Yeah