Domestic economy. Dramatic capital outflows everyone is pulling money out of china. It has been going on all summer but the reaction in the market on the losing of Monetary Policy is amazing. Across all Asset Classes, futures up across the board, a gain of 1. 5 on the nasdaq. Everything is gaining. Looking at the 10 year yield, rising as investors sell debt to buy riskier assets. Take a look at european stocks, up across the board. The dax is up 3 . The rest are following up. If you look at commodities, you see gains in copper right now. You see gains in gold right now. You see gains in oil right now and you see movement and currencies as well, the reaction has been global and swift and dramatic and its been across the board. David lets hear the first word vonnie area with begin with american airlines, the company had a better than expected thirdquarter. Earnings Beat Estimates. Says fuel prices helped. Jack dorsey sharing of wealth as he donates 1 3 his stock to employees at 200 milli
48 handle. 38. Matt i believe it fell below that. Averages. W you major we are down across the board. The Dow Jones Industrial average off. 75 . Negative year to date. While the s p still holds on to its gain, the Dow Jones Industrial average is now down your to date. The nasdaq, still up it percent year to date. I have got the imap function up, which shows you what is going on throughout the year im sorry, throughout the day. Big loser. That same picture year to date as far as energy being a loser is off 22 year to date. I. T. And Consumer Discretionary are the big gainers year to date. Scarlet now. Alix now get to oil. Of course, falling on opec but the markets, i cannot imagine what the positions are right now adding in today. Do not know why we come to me on this one we have you on set. On crude, 3807. We have been below that. Obviously the implications of the opec meeting happened on friday. Not being able to put a ceiling at all, a lower ceiling, or any kind of ceiling. For plus,
Mr. Mccain mr. President , i ask that proceedings under the quorum call be suspended. The presiding officer without objection. Mr. Mccain and i ask to address the senate as if in morning business. The presiding officer the senator from arizona. Mr. Mccain mr. President , i rise to call attention today sadly to the triumph of porkbarrel parochialism in this years omnibus appropriations bill, in particular a policy provision thals airdropped that was airdropped into this bill, a direct contravention to the National Defense authorization act, which will have u. S. Taxpayers subsidize russian aggression and comrade capitalism. Nearly two years ago russian president Vladimir Putin, furious that the ukrainian people had ousted a promoscow stooge in crime yarks the first days since the hitler and stal stalin, to dismember a sovereign state on the european continent. More on that 8,000 people have died in this conflict including 298 innocent people aboard Malaysian Airlines flight 17 who were
The u. S. Has not backed off its position that cuba must include human rights. President obama we are committed to human rights around the world. Engagement is a more powerful force than isolation. This will be good for the United States and the entire hemisphere. John kerry met with the foreign minister. It was the highest between those whotwo countries and half a century. An announcement will come on sunday. Hillary clinton signed a lease in brooklyn. That started a 15 day window. A tornado slammed into a small town overnight. More than a dozen buildings were destroyed. Fair dale does not have. Brendan the settlement with u. S. And british regulators may be finalize this month. General electric about to sell off a real estate portfolio worth 30 billion. A deal would continue the goal of shrinking ge capital. In golf, Jordan Spieth takes a lead. He shot eight under par. He birdied eight of his first 14 holes. The name that is still important tiger woods 40 fourth place. He shot a 73 i
The wearable space. And billionaire to hold stocks with snap chats management about a potential business deal as the startup eyes fresh funds that could value it at 19 billion. Well welcome to the show. Two important bits of information for you. We only have a hour today but it is as actionpacked as ever. Im thats right. Im filling in for seema. I have the new music. Its pretty epic. I enjoyed it. Big markets days. Absolutely. We have a lot to fit in the hour. Its interesting what youre seeing across the market. We thought they were ready for rate hikes. Its looking tentative at this point. I think we have a chart i want to show. I want to point to emerging market currencies. I used to sit in singapore and we watched from the front lines there in singapore all the merging markets around us that tamper tantrum when ben bernanke said he was going to tamper off the quantitative easing program. We saw huge reactions in the currencies in time all theguests have been saying that theyre bette