For a while it looked like we might outperform, bill. Now the dow is off 1. 6 . 267 points. We needed to add 50 if we wanted to be positive on the month. The dow is down 1. 6 . The russell is down 2. 3 . The small cap stocks are taking a big hit today. Another recent leader in this market to the up side, the transportation stocks, down sharply as well today, down 115 points. A lot of breadth across the selloffs, it is pretty indiscriminate. If you are a value investor, that should mean opportunity. But the vix popping by about three points today, at 16. 5. We havent seen a move like that in that index in quite some time. Heres how we stand right now. The dow off 263 points. 16,616 is where we are trading now. Nasdaq off 1. 9 , shedding just about 83 points on the session. 4,380 or so is the level. The s p 500 over 33, down all the way below 1,940 down to 1,937 at the moment. Lets get to it. Cnbc Heather Hughes from the sun america funds, doug walford forecommercial wealth advisors. Jo
To become a major player in firstpersonto the content shot by users. And some sharks as well. , with its with alipay 300 million users, the dominant payment suzerain service for alibaba. News, alibaba has picked to the New York Stock Exchange over the once nasdaq for its ipo according to a person with knowledge of the matter. It could be the largest ever in the United States and is marching toward a summary listing. Alibaba will seek the ticker baba. Lets go to julie hyman. This thing is rushing ahead. They are going to make the august offering. Yes, the filing is just out so that appears to be confirming that indeed they are going to be listing with the New York Stock Exchange. This has been a battle, as you mentioned. The nyse has been gaining ground in terms of the big tech listings. It does not necessarily mean it will mean a lot to the nyses bottom line. A prestigeefinitely play and gives them bragging rights and in terms of the ticker,f baba for the it does not just mean it is a
And cough up 3. 9 the billion in sanctions. And the Prime Minister says the uk public needs a wakeup call as David Cameron gets ready to face southern european leaders jeanclaude becoming the head of the european commission. The European Union is a very good thing for the united kingdom. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. As you can hear in the headlines, we are watching for news out of brussels. Breaking news, you can see the signatures being done on official documents. This is a Free Trade Agreement thats being passed around, the likes of muldova, signing these the documents. Leaders of the respective countries all there making history in this Free Trade Agreement. Will it make a difference . Many people hope so to the fortunes of these countries he. You can see the final page as the european leaders put their names on board, as well, hollande the latest to sign the documents. The headlines being used are still around who wi
Will justify the takeover. This is an opportunity to become the worlds number two player in the old index business. Mark carney is expected to unveil a host of measures to reign in lending now. And the latest ifo report forecast as growth stateside contracts more than expected. This as the two National Teams prepare to face off in todays highly anticipated world cup match. Youre watching worldwide exchange, bringing you Business News from around the globe. Hello. Hello, everybody. Welcome. Welcome to todays show. To todays worldwide exchange. Ive never worked with you in the flesh. Theres a first time for everything. This is lovely. I know. How long are you in london for . Im jetting off back to asia later on tonight. I think my family is forgetting what i look like. No, theyre all watching from back home, probably. Were taking very good care of him here. Were looking forward to the next few hours. We have loads of whats going on. Absolutely. Markets arent really reflecting it. We have
You have one on set with you, i think. We have one on set here. Weve been playing with this for the past few days. Looking up your noses . Looking up our noses. I thought i saw one on a stick over where you are. Am i wrong . Is there a gopro around here on a stick . Oh, yeah, youre right. Yeah, youre right. You know more than i do about was going on. This thing will be live on show . Thats dangerous. It is. This camera is dangerous. I actually one of these, by the way. I own two of them. I own one, too. What do you do with them, put them in your race car . Exactly. Theyre in my race car. Theyre tough. Ill give the gopros credit. Well be talking a lot about gopro during the rest of the program. In other news right now, new York Attorney general Eric Schneiderman who becky will be talking to in a little bit, too, is slapping barclays with its securities lawsuit. They alleged the bank gave an unfair advantage to its High Frequency trading clients. Orders on its trading venue. Instead rath