Fund the expansion. Congress returns from its august recess with Irans Nuclear deal at the top of the agenda. The Senate Debate begins today as president obama appears to have enough support to ensure the deal survives. Lets have a look at u. K. Futures. This follows a very disappointing week last week. Theyre also negative now. Month to date, quarter to date, year to date but today in europe positive markets and thats feeding through to the u. S. Futures. A 300 point open for the dow. 37 point positive open for the s p and the has tnasdaq to openy about 88 points. The European Markets are very strong indeed. In particular, germany up 2. 2 . That follows some strong trade data out of germany earlier today in contrast to the weak trade data we saw out of china. If we add the slight gains we saw yesterday in europe we just about eradicated the declines of last week. We have now eradicated that over the first two trading days of this week. I mentioned just now another volatile session in
16,464. A moment ago we were at 459. We are above that now. If you didnt know any better, you would think bill didnt miss anything. Everybody tuned in the last two weeks know bill missed the plunge of more than 1,000 points that monday morning, august 24th. I had no idea. That was my Moms Birthday actually the dow traveled 10,000 points more than that in just that week. Oil was bouncing all over the place. You missed its oneday biggest gain since 2009. There was volatility that started to happen before we left. That index did double in the month of august on a percentage basis. Today its back at 25 right now which in and of itself puts us in yellow flag territory. What did we learn . What does this mean, kids . This is the overarching question well ask as we watch the dow now having another big move. Its up 367 points on the session today. As for todays market move, financials and technology have been leading this way higher. Weve got financial analysts to tell us which stocks investor
Company bought shares. Ecb president Jeanclaude Juncker will unveiled plans to sayw and is expected the best way to handle the crisis is for all 20 countries to take and refugees. Germany has called on the rest of europe to do its share. Written should fulfill it britain should fulfill its moral responsibility. In doing so, we must use our head and our heart by pursuing a copperhead to the roach by pursuing a comprehensive approach. David cameron said the crisis is about more than just taking in refugees. Congress returns to work today after a summer vacation. Among the issues lawmakers will do with the Iran Nuclear Deal, spending caps, and federal funding for planned parenthood. President obama attended a union rally in boston yesterday after signing an executive order on sick. The order means 300,000 workers and companies such as Lockheed Martin and boeing will get paid sick leave. It is a major retrenchment eglin court. This was minor and training core ceo puts it on hold. Assets an
Tenyearyearo yields around 2. We sit down with Warren Buffett at 11 30 this morning. Dow futures up making up for almost all of fridays losses after the jobs number. You heard on squawk on the street them calling the fed irresponsible but said the u. S. Is not poised for decline. The i think the u. S. Market is fairly valued, and i think the markets in europe, are several years behind the United States. Europe is a bit more interesting. We see japan with qe infinity being interesting. Thats a relative waiting. Would we expect europe to perform the u. S. And japan outperform . Probably. Had some other choice words for Mary Joe White on the up tick rule. Saying all the volatility were seeing with the swings is not the way its supposed to work, and says that rule should come back. Hes been critical for some time, also of lie frequency trading through the years and various market mechanisms. He has been a vocal critic of the infrastructure of the markets or the lack thereof, i guess, in so
Look into the future. Today kicks off with a focus on investing. Our guest today is Hedge Fund Legend leon cooperman and gabelli and rick rieder. Were excited to bring you this conversation all here at 8 00 eastern time and later this week, president ial candidate jeb bush and bill ackman but first lets get you up to speed on todays headlines. So that was the 20 year i thought it was 20 years since we had all been here at the same time. Three months. No, three months. Summer is up. Beginning of game day. Its a feel good song. We are united. We have not seen each other for weeks. Lets get caught up this morning. U. S. He equity futures. Here it s. Well show you whats going on. We are rallying this morning. Dow looks like it would open up much higher. S p 500 looking higher as well. Another volatile trading session but by the end of it things were looking up there as well. Chinese stocks rallying into the close. The top economic planner approved Railway Projects worth nearly 11 billion.