Afternoon and then recovered. We had the flash crash, most people dont count that. That was not a sentimentdriven thing. It was a technicallydriven thing. That is the biggest drop the dow has ever seen. To look at 640 points lower and think, wow, thats an improvement of 400 points from where this was, were just a half hour into trading. This is a fairly serious matter. The dow is do yo down 1600 points from in the week. We saw this i, and it was not surprising. What is the sentiment that is driving this . First of all on friday night you saw that the market closed down more than 500 points. One thing that we look at when we follow markets, it closed down on a down tick. It was going down when it closed. Closing stopped it. Closing stopped it from going down furthers. What always happens as asian markets pick up on that. Those numbers are remarkable. Then it went into europe, which moderated a little bit, then we started with this. Because of the velocity of these losses in new york, eu
Rishaad we are looking at Southeast Asian banks. A very competitive market out there. We have new entries to make it even more competitive. Have a look at this. This is a bloomberg chart. As jack ma changing lines of partnerships around the world. 450 Million People have limited access to Banking Services and, buying vying for core customers. We have seen how sales at alibaba have been going up exponentially. This will go up with other internet superstars out of china getting into the action. Absolutely. We are always still watching for that potential ipo, that crown jewel of alibaba. Look at the numbers compared to amazon prime day, we are expecting somewhere south of one billion. 18aw sales of almost billion last year for alibabas day. We are around 30 minutes from the open in hong kong and china. Janet yellens testimony to congress is on everyones mind. We are kicking off Earnings Seasons for the Second Quarter as well. Singapore, taiwan, and malaysia are coming on as well. Sophie t
Welcome to your world im stephanie sy. Piecing together the clues and trying to find a motive between the killing in kalamazoo, washington and jason dalton shot eight people and first at an apartment complex and dealership and restaurant parking lot and killed six people and right now two others are in Critical Condition and andy is following to story for us and believe he chose the shooting victims at random, where does the investigation stand this morning . Well, stephanie that suspect 45yearold jason dalton will make his First Court Appearance today in Kalamazoo County Court charged with multiple counts of murder and attempted murder and authorities still dont know what led to the seemingly ran done, unprovoked series of attacks saturday night and meantime the same kind of bewilderment was felt at a prayer vigil last night for the eight victims in kalamazoo and sang Amazing Grace and they too just tried to make sense out of something so senseless. Shots fired and one victim right no
Spending more money at the pump all right. Nevada and South Carolina are back in the political spotlight tonight. This week republicans are battling for nevada. Democrats are fighting over South Carolina. Trike for the lastminute vote, less than 24 hours before the nevada caucuses. Polls suggest that donald trump has a big lead. Michael shure has more for us. On the heels of a big victory for donald trump in South Carolina, he and the other competitors move on to nevada. Its a place where ted cruz and marco rubio are trying to get second place coming out saying we are the candidate to vote for. Reporter the first group much republican president ial candidates are flooding the nevada. This marks the first time the incendiary donald trump will face voters in a state with a significant latino population. University of nevada associate professor david demoi sees why trump is popular here. He has a populous message, fed up with the establishment politics. They are angry at the democrats, ob
Are headed for a week of gains on the stoxx 600, up to four weeks of losses. Crude is the story. Wti down two percentage points, about 40 bucks a barrel at 40. 66. The Iranian Oil Minister will not be in doha. They are sending a representative. What does that mean for an output freeze prospect for all of them . Lets get to vonnie quinn. Vonnie Bernie Sanders and Hillary Clinton went on the attack last night, facing off in a debate in brooklyn ahead of new yorks crucial primary. They questioned each others judgment and record, the former secretary of state pushing back hard on criticisms of her decisionmaking. He questions my judgment, but the people of new york voted for me twice to be there senator. And president obama trusted my begment to ask me to secretary of state of the united states. Vonnie the debate was their first meeting since the campaign moved into the empire state. Voters head to the polls tuesday. Another casualty of the panama papers, this time the spanish industry min