Gained yesterday and then something, and there are a number of developments that were following going into this final hour of trading here. And so, lets take a look at where markets stand with the Dow Jones Industrial average off 165 points this hour. It was down almost 200 at the lows just a little while ago. Remember, anything below 75 points means weve given up yesterdays gains and returned to the lowest level since at least may 20th, perhaps going back into the red for the year. In any case, this is a broadbased selloff, and the dow off 1 at this hour. Same goes for the nasdaq, which is off 42 points. The s p 500 off 1. 15 or 22 points, down all the way to 1, 916. The dow, going into the week, it had shed about 600 points in ten trading sessions. So certainly a sharp selloff. Lets try to make sense of it all. Rob morgan, sam stovall from s p capital iq, frank rad yok from jhs capital advisers, danny hughes from Divine Capital here at the big board. Our own Michelle Carusocabrera on
Anna flights over france are cut at a plant air Traffic Controller strike that could affect aircraft space for r 48 hours. Mark welcome to countdown. I am mark barton. Investors pushing to a fresh sevenyear high today and trading from mainland investors are growing to a record. The surging chinese tech scares tech shares is making the day of the. Com bubble look mild. We will bring you the latest in just a couple of minutes. First up, oil here in europe today and what could be the biggest deal in more than a decade or the Energy Sector. Shell makes a 46 billion pound approach for gas producer bg group. Caroline, you have more on this possible deal. Hi caroline as you said, this could be the industrys biggest deal for a decade. This could create the secondbiggest Energy Producer in the world. It would be behind just exxon leaping over chevron in terms of size. And in fact, it could be the biggest gas producer in the entire world. These are the statistics that we are looking at, and as y
Of countdown. Im anna edwards. Were going to bring you an exclusive interview later on. Richard holmes will be with us here exclusively to talk about the way that their business is performing and something a little different, a race that takes place every year here in london. Prorussian groups have hailed a large majority in favor of secession in a referendum they organized in Eastern Ukraine. The referendum was dismissed as legitimate by the government in kiev and its u. S. And european allies. Chris, thank you very much for coming to talk to us. What is your reaction, a shortterm reaction of developments over the weekend. No surprise. Those were organized and seemed to suggest for a strong voting in favor of independence. With this key is with the kremlin says and what president putin say in the next couple of days. That is what were waiting for. Thee starting was probably most critical two weeks in the whole of this crisis so far. In two weeks time we have got ukrainianles for the p
Viewers just waking up in the united states. I mark barton. And im caroline hyde. This is the pulse, live from bloombergs European Headquarters in london. Murdoch is reviving his plans to create a europe paytv empire. For more, were joined by reporter ws deals what is murdochs plan here . We dont know it is ending is. Her greatcording to reporting. Acording to fox, he has about 37 stake in bskyb. In skya 55 stake deutschland. Italian and the german sky providers are sold to bskyb. Then they would have inevitability to negotiate advertising and get access, the rights and programming rights on the backend. You have one unified company that can have a footprint in italy, germany and u. K. Heres interesting thing, murdoch would still only have a Minority Stake in that company, unless these are cash and stock deals. Then do you get the majority a majority percentage. What we will be asking in the next couple of days is what the regulators have to say . They can throw a spanner at any time.
Good morning, everybody. Welcome to countdown. Im anna edwards. We have eyes on both sides of the atlantic this morning. Researching Angela Merkel this morning and a mythical beast came into my mind. This is a sprawling, huge group. Ceo and reviewing assets to decide which ones. Delivering69, 31 are just 2 . Percent the endet by june, by of 2016, return on capital of at least 15 . Right now its 8 . Leviathan is my image of the day. Focusing little bit on amazon looking at the earnings from the Largest Online retailer. The stock is down heavily afterhours. They are investing heavily in the future of their business. How long will they go along with the heavy Investment Strategy . Watching the ongoing developments, of which there are many, in ukraine. First and foremost, the Prime Minister is going to resign, a bit of a shock. He made the announcement in parliament. He says he cannot get the legislation he needs to get through in the Ruling Coalition has fallen apart so i am resigning. In