Im sara eisen. Im wilfred frost. Very good morning to you from me as well. Before we check in on the markets, four Big International stories were watching. China getting hit with a credit gown grade overnight. We have the latest market reaction. The uk upping its Security Threat level to critical following monday nights terror attack. Opec about to kick off a meeting in vienna. President trump is at the vatican this hour after meeting with pope francis. More on all of those big stories straight ahead. First lets check in on the markets this morning. U. S. Equity futures after a mini gain yesterday for stocks. S p closed higher by 0. 2 , following a trend of fractional moves, mostly higher. Looks like futures are indicated higher again. Dow futures up 12. S p up 2. 5. Nasdaq futures up 11 points a bit of a defensive tone to yesterdays dane wigain. The tenyear hovering around the 2. 28 level. A bit of buying of treasuries, saw that yesterday. The economic reports have been kind of mixed.
The Global Economy steadied. And volatility was subdued except for a slide midmonth driven by political turmoil. Investors plowed money into the nasdaq which saw gains more than double that of the s p 500. Today the dow dropped 20 points. Nasdaq was off four and s p 500 fell one. The decline in Energy Shares trapped the price of crude, which touched a threeweek low to settle below 50 a barrel. Tonight its time for a new segment were going to debut. Its called investors edge. Well help you see what the pros see by highlighting the information they use so you can make Investment Decisions like the pros. Were joined by john najerian, welcome, john. Great to be with you. Great to have you with us. This basically is a way for the long Term Investor to see what the big guys on the street are doing and where theyre moving their money. True. What we do, sue, we follow institutional trading and hedge funds. And by that i mean trades of usually 10 million or more, which is usually bigger than mo
Good monday morning. Welcome to Worldwide Exchange. Wherever you might be watching from around the world, i am Courtney Reagan in for sarah ice en. I am in for wilfred frost lets get this Party Started if you will global check of the markets. Futures indicate a lower open to start. S p 500 indicated to open down by four points dowjones is off by 40 points, nasdaq by 11 as well a little weakness to start see if that firms up throughout the course of the morning premarket trading, especially in futures market quick check on ten year treasury note yield we have been focusing on that more because of that near term downturn we have seen. Seeing a little up tick, 2. 3 the last trade for u. S. Government debt. Look at what happened overnight in trading markets here are mixed, the Chinese Market actually higher japan nikkei down 0. 6 overnight. Asian markets tracking whats going on here in the United States in regards to equities, with action from friday, the dollar touching 13 month lows. Get
Had a slight beat on revenue. But they did better on earnings per share, 1. 24 as opposed to 1. 19. Thats the first of several to come. Now we want to go to our morning brief. Were going to continue with retail sales reports, as we have macys out at about 8 00 this morning eastern time. 30 minutes later, its weekly initial jobless claims in the United States, plus Producer Prices coming up for the last month. And at 10 00, as alix mentioned, bill dudley holds an economic briefing on Regional Wage inequality. Finally at 1 00 this afternoon, the u. S. Treasury is going to auction 15 billion of 30year bonds. Throughout the day, people on both sides of the pacific are following developments in the potential conflict between the United States and north korea. To take us through the perspective from asia, were joined from hong kong by our chief asia economics correspondent. Give us a sense of how it looks over there. What are the possible effects that people are expecting of a possible confl
Action this morning. This off the back of a day where we saw slight gains for the dow and s p. Fractional decline for the nasdaq that was a better performance than we saw around the rest of the world yesterday. You could frame it as resilient as opposed to lackluster futures pointing nicely higher taking their lead from around the world where its a risk on mood today nasdaq up about 27 the dow jones up 65. The treasury note, we are back above 2. 2 on the tenyear yield. Yields just rising a bit equities rising a little bit, too. Stocks mostly higher around the world. In asia it was a bit more of a mixed picture. We saw the nikkei fall again that makes five straight losing sessions for the nikkei, something that has not happened since april of 2016. Marginally lower but it counts as a drop. As you can see, Mainland China shares mostly higher for the major sessions all eyes pointing to jackson hole, towards the end of the week where we will hear from janet yellen and mario draghi. Somewha