Yesterday you saw the nikkei ended that 16 session winning streak this morning stocks are closed higher the nikkei was up by 32 points to 21,739. Hang seng down by a third. The shanghai was up by a third of a percentage point. The early trading in europe, things are in the green across the board. Gains for germany, france and london up by a third stocks in italy and spain also higher treasury yields, check this out, yields at 2. 43 . Crude oil prices which have been above 50 comfortably for quite some time are now up about 8 cents. 52. 26. Here are the big stories were watching new comments out this morning from the saudi crown prince. He says the aramco ipo will take place next year and valuation of the company could top 2 trillion the crown prince said saudi arabia is working with all Oil Producers to rebalance the global oil market. On the wall street agenda, weekly jobless claims out at 8 30 a. M. Eastern, followed by september pending home sales at 10 00 a. M. In europe, we are go
That one. Well talk about that a little bit later. Weve been sitting back pouring back through the documents, the s. E. C. Findings of what happened, now this criminal complaint singling one individual. The more information we get, the more impossible it is to believe he could have caused this. We have a ton of earnings on tap. You just saw some of the biggies. All of that will get into full swing next hour. Also the outlook for oil prices an exclusive with bps ceo bob dudley coming up in a little while, also well see how the industry has changed in the five years since bps tragic oil spill. The dow, the major indexes have been under pressure today. A lot of that for the dow has been travelers. Concerns about their earnings power. 71 points lower, back below 18,000 for a decline of 0. 4 . The s p just barely in negative territory, actually down about 1 point, just sitting below the 2100 level. Look at the nasdaq though it is up 0. 5 bill. So much focus today on the biotech, the pharma