Hello from sydney. This is daybreak australia. Its just after 6 p. M. In new york. The markets were closed today. The fireworks have not started yet. We are still several hours away from that here, but we saw some fireworks over the last few weeks in the markets. The expectation is where are we going to see when the markets open up tomorrow . Are these tech shares going to sell off and what about the dance we see from various markets, except australia. A very interesting statement that came out there. Lets get a check on how the markets are trading that you have new zealand opening up their. A softer tone right at the open. Housing prices look to be finally cooling off in new zealand. On the flipside, in australia, household that had the rba worried and a lack of wage growth, which is why you did not see the iba come out and do anything on rates and seemed worried about hiking anytime soon. Dollar see the aussie fall slightly after that statement. Australianch if the dollars does stren
Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange on cnbc. Im sara eisen im dominic chu in for wilfred frost. Welcome good to be here. He made it through his bike ride he did. The pictures are on instagram. Congratulations. Success it looked really hard. It did. You have to be in shape to get through Something Like that. He trained a lot. Hard core training of new jersey there you go. He made it to monaco. Lets check in on the global markets. U. S. Equity futures starting off after a holiday closed day yesterday and a half day of trading on monday. Dow futures up about 15 points s p futures down and nasdaq futures are under some selling pressure this morning, down 21 tech underperforming even though we got a big rally on monday during that half day of trading. Well talk about that in a moment tenyear treasury note yield, higher higher yields last week. Higher yields on monday. Thats the dominated theme theyre going higher again this morning. Watch this car
Abbreviated session and yesterdays holiday. So, how would Global Markets react today after news yesterday of north koreas first ever successful launch of an intercontinental ballistic missile, one capable of carrying ut Nuclear Warhead into u. S. Territory. The answer frankly is there isnreaction stock, bond, currency and gold were largely calm today, but that could change in an instant. As the weeks new us plays out. Front and center, that missile launch. A test north koreas dictator said was coming and that President Trump derided. It wont happen, he tweeted this year, but it tid. Just as the u. S. Conducts missile tests of its own with south korea. In statement today, the top u. S. Military commander in south korea said the u. S. And the south are prepared to go to war with north korea if given the order. As for efforts to enlist china to put pressure on pyongyang, they dont seem to be bearing fruit. Mr. Trump tweeting today, quote, trade between china and north korea grew almost 40
This is on the money, your money, your life, your future. Fossil fuels and natural gas have powered this country for generations but concerns about Global Warming looming, can the u. S. Rely on it to power the future . Thats the cover story. Right now, fossil fuels supply more than 80 of Americas Energy needs but thats beginning to change. Renewables now fuel 10 of the Nations Energy consumption including wind, solar, hydroelectric, and biofuels. And that share is on the rise. Growing by 83 between 2004 and 2014. And its continuing to expand. Solar capacity is expected to increase 123 by the end of 2016. Wind power is forecasted to grow 27 in the same period. The boom in wind power in states like texas led some companies to offer free electricity at night but could alternative energy ever fully replace fossil fuels . Its typically been more expensive to produce. And Renewable Energy is not always available. Cloud cover and wind strength and rain can all affect Energy Output. California
Lower with oil tipping below 40 for the First Time Since summer, but then at midday came news of yet another mass shooting in america. This one occurred at a center for people with disabilities in san bernardino, california. As of this evening, Authorities Say at least 14 are dead. An equal number are wounded. Police are searching for up to three suspects who apparently fled the scene and whose motives are unknown. Investors already on edge after the paris attacks sold stocks into the close. On the day, the Dow Jones Industrial average fell 158 points to 17,729. The nasdaq slipped 33 points and the s p 500 was 23 points lower. But before this afternoons events, the markets eyes, as we mentioned a moment ago, were trained largely on Federal Reserve chair janet yellen. She spoke to the Economic Club of washington and made it clear she thinks the economy is improving, but is it Strong Enough to raise Interest Rates two weeks from today for the first time in nine years . Steve liesman repo