markets are lower. in asia, markets are lower. you see tokyo and hong kong down. shanghai up. the european markets opened mixed as well. on wall street, futures look like they are down. is that the right number? futures are down here. we will watch for that. a rough week for stocks. the worst decade for the dow. the dow fell 6.9%. the s&p lost 7%. the worst week since 2011. nasdaq fell 8%. those are terrible comparisons. the u.s. markets close at 1:00 p.m. today and closed tomorrow for christmas. retailer preparing for the final sprint as warning signs are flashing for 2019. data from the national retail federation show a strong holiday stretch so far. investors are nervous of the
investors looking ahead to the g20 summit. in asia, the nikkei higher, the shanghai up. the dmax is higher although otherwise mixed when you look at london and paris. look, you ve got futures on wall street right now up just a little bit here, adding to the small gains from tuesday. but the main event today is the fed chief, jerome powell s speech, at the economic club of new york. the dow jones industrial average closed 109 points high or tuesday. the s&p up, as well. the nasdaq finished basically where it started. general motors shares, have you been watching this drama, they closed down about 3% after the president threatened to cut all of its electric vehicle subsidies. a buyer backs out, and papa john s stock tanks. the wall street journal reported asset manager trion management funds is no longer interested in bidding for papa john s. according to the new england journal of medicine, to the
istanbul? they were hoping to get the answers from the saudi chief prosecutor during his three-day visit here, but that did not happen. one senior turkish official telling cnn that the saudis were more interested in finding out what evidence the turkish government had than providing cooperation in the investigation. perhaps something is done to put pressure on the saudis. jomana, thank you. a check of cnn business. asian stocks kick off november up. the nikkei is down. hang seng and shanghai up. u.s. futures are positive. dow is 240-point gain to cap off october. the nasdaq up 2%. trimming the decline to 9% for the month. october was the nasdaq s worst month since november of 2008. the steepest monthly decline since september of 2011.
international wonders if they have faced widespread pressure. opposition fighters have also been accused of crimes. meanwhile, sources tell cnn that syrian president bashar al-assad has rejected the latest peace proposal. 28 people are dead following a bus crash in switzerland according to the swiss news agency, 22 children and six adults died when the bus carrying belgian tourists collided with the wall of a tunnel. it happened on the border of italy as the tourists were returning from a ski holiday. those are the headlines from cnn. i m juanita rajpal. world business today starts right now. good morning from cnn london, i m nina dos santos. and good afternoon from cnn hong kong, i m andrew stevens. welcome to world business today. the top stories this wednesday, march 14th. finance stocks lead the gains on wall street as bank stress tests give some investors cause to cheer. china s premiere gives the last speech of his ten-year term. we ve got his outlook for th