Are not seeing a bigger reaction . Julie there was a bigger reaction when he opened, but it has since abated. It seems like nothing will stop the engine of this rally or small moves on a daily basis. That is what we are seeing today. Stocks are bouncing up a lows of the session. If you look at the groups in the s p 500, we have got about half even between green and red on the screen. Even the declines are now updating to some extent. Telecom stocks leading. Health care continuing its run in a particular group. We have Consumer Staples tech and energy in the red, for not having as much of an influence. Financials are on the unchanged line. Financials were earlier in one of the worst performing spots. One of the things tied up in the financials has been the bond market. We have seen steep selling earlier in the day. Buying in the bond market. Bonds earlier saw a drop in field of his as much as five basis points. It is now three basis points. Earnings are a big topic of conversation and t
Right now. Good morning. Welcome to Worldwide Exchange. Im sara eisen with dom chu in for wilfred frost today. Good morning. Good morning. Busy already. Already, yes. Monitoring the wires from the uk. Well get you there in a moment. A check on Global Markets after another selloff for wall street. Not so sharp. Not as sharp as session lows. Those stocks look set to bounce back. Dow futures higher by about 16 points. S p is up 2. Nasdaq futures up less than 5 points. The tenyear treasury note yield, saw that yield decline by 7 basis points or so. Bouncing become a bit this morning. 2. 41 is the yield on the tenyear. First we wanted to get you that breaking news out of europe. The Supreme Court in the uk ruling against the government in a key brexit decision. The vote means that Prime Minister may must get parliaments approval in order to trigger brexit. As for the reaction in the british pound against the dollar. Lets show you whats happening you now. It was lower before. Its lower still
Storm surges and large waves are assaulting the shores while there is extensive flooding in new jersey and jersey city. Its blowing scaffolding around wildly. In philadelphia, flying debris killed a 60yearold man. This is the same deadly system that cut a wide swath of destruction across Southern States where the death toll has risen to 20. Thousands of homes were damaged by the storms and tornados. It looked like a bomb had exploded back here. Georgias governor extended the state of emergency to next week and mississippis governor sent a letter begging for federal assistance. Californias governor requested federal help. His state is getting drenched by powerful storms. The record rainfall led to flooding, mudslides and debris damaging roads and endangering residents. Minnesota governor mark dayton had a scary moment last night. He collapsed after delivering his state of the state speech. [inaudible]. Scary moment there. According to the chief of staff, the governor age 69 was not inju
Battering multiple states. Storm surges and large waves are assaulting the shores while there is extensive flooding in new jersey and jersey city. Its blowing scaffolding around wildly. In philadelphia, flying debris killed a 60yearold man. This is the same deadly system that cut a wide swath of destruction across Southern States where the death toll has risen to 20. Thousands of homes were damaged by the storms and tornados. It looked like a bomb had exploded back here. Georgias governor extended the state of emergency to next week and mississippis governor sent a letter begging for federal assistance. Californias governor requested federal help. His state is getting drenched by powerful storms. The record rainfall led to flooding, mudslides and debris residents. Minnesota governor mark dayton had a scary moment last night. He collapsed after delivering his state of the state speech. [inaudible]. Scary moment there. According to the chief of staff, the governor age 69 was not injured.
Business and we almost invariably fail to acknowledge the sheer resilience of this amazing market. Including today dow inching up 18 points, s p advancing. 20 . Nasdaq gaining. 30 . . Hallelujah . During this week in 2015, we were assailed by a combination of fears that led to a decline of nearly 2,000 dow points over just 6 straight trading days. 17,545 down to dow 15,666. Including one day where we shed more than 1,000 points. Before an afternoon rebound trimmed the decline to a heartpounding 588 decline. It was a stunning meltdown back then. Go back to the darkest days of the Great Recession of 2008 to find a worse stretch. For those who dont remember, there was so much going wrong all at once it was hard to comprehend. First the chinese stock market the communist government lost control of stocks over a frenzied period of speculation. The shanghai composite plunged to 2,965. After its already hideous fall from 5,178 earlier that spring. Back then we feared china was experiencing th