In total swing. Brexit . What brexit . Check on the other indices, the s p 500 at this hour also in positive territory, the nasdaq as well. Well see those in a second. See the dow is higher by 29 points, 17,959. Once again were talking about 18,000. The s p above 2100, again, a gain of four points. Lets move onto whats going on with yeelgds which have just been breathtaking in their declines. And the 10year yield still below 1. 5 at this hour. 1. 45 . The twoyear yield at 0. 597 and gold higher by another 18 today, 1338. Show you the dollar versus the pound, which we have been so fixated on. Remember if brexit was going to happen supposedly we were told the pound would fall to 1. 30. Actually, never got there. There you see the pound right now is at 1. 32, almost 1. 33. The euro will cost you 1. 11. Brian. Lets now get to somebody whos been right in the thick of the wild ride that tyler laid out. Bob pisani, all right, bob, give us an update on todays trade but also talk about how wild
Retail stocks hit hard today. You can see it trading down 19 there. A number of top executives telling us consumers are still spending. So whats behind these moves . Were going to take a deeper dive into whether the consumer is weak right now. A disconnect in all of that. Big earnings from tesla. 21st century fox. And square reporting after the bell tonight. We will tell what you to expect from those reports coming up. And more reports about turmoil between the Republican Party and nominee donald trump. We have outspoken libertarian Penn Jillette. Among other things. Look forward to penn coming up. There he is. He calls himself a professional juggler. But he is so much more than that. We will talk with him later. We start with the bullish call on gold. Precious medal falling today. But up 30 this year. Bill gross was on power lunch earlier today and he made his bullish case for the commodity. I like gold, too. I think ultimately if fiscal stimulus comes in and weve seen that in japan,
A warm welcome to countdown. I am anna edwards. Lets get straight to the markets. Shows the relationship between stock markets and oil prices as we get closer to that meeting in algiers on september 27. This is how the two are moving in tandem, stocks rising in tandem with the rising crude prices. Up the risk radar. We are starting with oil. Investors despite the move 1. 8 on the vti, 1. 6 on brent. Investors are cutting their bets as we get closer to that september 27 meeting. That will be opec and russia. We hear from certain opec members. The venezuelan president talking about how opec is close to an agreement, so expectations building with a 7. 5 increase in oil prices for august. Fed and boj meet this week. Markets are closed. We have despite the convoluted title, the overnight interbank yuan rate, increasing the most since january. Speculation that pboc intervening in the chinese country. That is the second biggest gain on record. Lets put the markets to one side. Authorities are
Donald trump and Hillary Clinton when their new york primaries allowing them to reassert control over their fight for the president ial countdown. Hans, this is your neck of the woods. You know so much about the u. S. You are looking at the bond move in japan. Negative yields across the early maturity. The 40 year now hans the negative yields story across asia is a big story people look at japan here to take a look at some of these numbers. We have 5 billion 5. 171 in terms of negative rates. A remarkable amount of offerings out there. This is the story of how much further negative you can go. This is what we will be watching as we listen for mario draghi. Aroline a phenomenal move ecb moving up for tomorrow here today, a lackluster day if youre looking at trading. The futures, signaling a down day for most of europe. We go down. 5 . The euro stoxx 50, we could see a. 4 . This after phenomenal sales in china. We are down 3. 5 of the shanghai composite. It seems to be the pboc hinting t
Unless something crazy happens today, this will prove, though, to be a very good month for most of the stock market. The dow, if youre not paying attention, up more than 7 just this month. It is now 1. 5 up for the year. We are going to take a closer look at some of the quarters surprising winners and losers, see if theres names that you own on either of those lists. Dow component ge in the news today. Ge capital officially filing to have its too big to fail designation removed after shedding a large number of its financial assets. The company does continue to transform. We talked about that yesterday, but well get more on what this may mean for the state and the entire Financial Services industry. And apples new products hitting stores today, but were not seeing any lines of fanboys down the street. The new iphone and ipad not getting a lot of buzz, but maybe, just maybe thats a good thing for apples stock. Were going to dig into that idea as well. Lets get now to this market. I mean,