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S Jared Fogle News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BLOOMBERG Bloomberg Markets December 18, 2015

Why we are waiting, i want to go to julie hyman. We are seeing a lot of steep selling in the markets today. Following on the heels of the after the happened fed raised Interest Rates for the first time in a long time. All averages are lower by at least 1 or more. 500, 16 above the 10 day average as we see expiration of futures contracts. Two of the biggest drags individually on the major averages today are disney and apple. Disney, despite the star wars hullabaloo is being downgraded. Company is overpaying for sports rights. Apple his been on downtrend, setting up for a negative month rate there has been analyst commentary that iphone sales may come in worse than estimated. Be is still setting up for a positive week, interestingly enough. It is still higher by 4 10 of a percent on the week, largely because of the run up to the fed Interest Rate increase. I want to mention Something Else we are watching today is crude oil, which has had a wild roller coaster today. Rising as the dollar

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