Oh, snap, oh, oh good morning and welcome to Worldwide Exchange on cnbc im sara eisen. Good morning from me as well. Lets check in on Global Markets, show you what Global Equities are doing after the nasdaq outperformed the three major averages, which were little changed, though you did see big moves, lower for instance in retailers. Walmart was the biggest drag on the dow yesterday. Prime day kicked off last night. Well get to that in a moment. Dow futures are higher, though s p futures are little changed, down less than half a point. And nasdaq futures are down about five points. As for the 10year treasury note yield, lets show you where we stand. We had yields come off recent highs yesterday, though not meaningfully, and were still sitting below 2. 40 on the 10year yield. Still multiyear highs. Yields moving up again today. Seemed like yesterday in europe it was single day of yields slipping a little bit. Data out of asia car sales returned to growth in june with total vehicle sales
Market site in times square im kelly evans along with joe kernen and melissa lee we have the dow looking at a tiny gain, same for the nasdaq the dow closed at a record high yesterday. Overnight in asia, lets scan the landscape. I think the kospi was at a record high yesterday as well. Some green kind of following on from our semi strong day yesterday. Gains of about a tenth of 1 as for europe which is still trading of course, you can see some differentiation ftse 100 and dax lower ftse down more than a quarter of 1 and finally a look at crude which has been holding levels of 45 and 46. Its up about and a halfhalf a t in washington, Senate Republicans are battling for votes within their own party after he releasing their latest Health Care Bill two gop senators will not vote for the bill, that means Mitch Mcconnell has to convince every one of the 50 remaining republicans to vote yes or the legislation fails. The new bill keeps some of obamacares taxes on the wealthy and includes 45 bil
Than trump as it gains a foothold in the Global Energy market. Its 8 00 a. M. Across emirates, 4 00 a. M. In london. Welcome to bloomberg markets. Im in hong kong where it has just gone midday. We are seeing the asia regional benchmark falling for the first time this week. You can see right now a bit of a mixed picture. The nikkei is trading on the downside after we saw that game against the u. S. Dollar although the dollar index is gaining right now against the yuan. The be ok leaving its key Rate Decision unchanged. We also heard from the governor theres a low possibility the u. S. Will name korea a currency manipulator. This is a snapshot of what is happening across markets in asia , but it has more to do with the amongd more uncertainty investors. Especially the terminology. Fairly soon is how they described the possibility of further rate hikes. Lets see how the market is looking at all of this. Very interesting. What youre looking at here is how the market was positioned hikedime
Roller coaster. Oil takes a breath after productionfree speculation with saws the market. Will there be a new dawn for oil . Were live with the very latest. The beautiful dawn. A Beautiful Day in berlin, and a sunnier outlook if you are along these markets. We are seeing an uptick in the futures market after yesterdays selloff, Deutsche Bank plunging more than 7 . We are watching a rebound that seems to be pegged to the election, Hillary Clinton coming out on top. Guy we will talk about that in just a moment. Just to dwell on the gmm and talk about what is happening, you did see this massive selloff. This is what we are seeing, this side of red, caroline mentioning deutsche. The story at the moment is Commodity Currencies. Look at the aussie, up by 0. 5 . The yen, giving back some ground. The front end of the curve, showing it is reasonably well bid. That is a story to take away. It is kind of related. I am wanting to talk about what is happening with the mexican peso, the market takin
Points and the s p, moving the monitor so i cant see it. Up threequarters of a point. And the nasdaq is lower by 31 points. Where are we headed to from here . Lets get to bob pisani on the floor of the new york stock exchange. Bob . Hello, michelle. Were flat because ibm has been a drag and tech has been a drag and the question is can we hit new highs and the key, remember, may be earnings. Markets have moved up. They have been a floor under the market and the market believes that, off the low and china hasnt gone away and its been a lot quieter. Earnings have been the big problem and the missing ingredient. Weve had four consecutive quarters of negative Earnings Growth right now and q2, the one that were in now that everyone is talking about, only down about 3 and its been stable in the last week or so. Not reducing the numbers anymore. We could go positive meaning that ends. Johnson johnson and Philip Morris raised their guidance on the weaker dollar helping how the. This week its go