All closing at a record high on the same day for the first time in about 16 years. The big winners were energy and utility stocks. The nasdaq isnt taking part in the party at this point. If he check out the futures this morning, right now you see there are some red arrows. These are modest declines at this point. The dow futures down by 1. 5 points, dow down by 9. 5 points and the nasdaq down by 3. 5 points. Policymakers in europe are expected to stick with current plans keeps rates at record loys. But there is growing disagreement between ecb members and mario draghi. Here at home, two big economic reports to watch this morning. Both of them set to be released at 8 30 eastern time. We have weekly jobless claims seen at dipping at 285,000. Well be getting a first read on Third Quarter productivity and, andrew, ill send it over to you. Lets talk about some Corporate News this morning. Tesla posted better than expected Third Quarter results. Those results driven by record deliveries, but
Is the verdict of the child sony chief executive as he speaks out for the first time about the cyber attack prompted by the interview. Welcome to countdown. Lets start with the global selloff that is characterized at the start of the trading year. Asian stocks fell the most in seven weeks aided by the decline of crude and the fragility of the eurozone. In the u. S. , the price of wti crude fell below 50 a barrel for the First Time Since 2009. Energy companies have been the biggest losers in the selloff which is wiped out more than 1 trillion of equity verio value. The head of the election is in three weeks. It is fair today we had an oil induced route yesterday that is spilling over into today. Benchmark u. S. Oil gumbel of 50 a barrel for the First Time Since 2009 and a closed above 50 a barrel but a decline of 5 year to date in this year alone. It fell 46 last year. That is just two days. Already down by that much. After reaching that high last year of 100. It was not confined to the
Over 47, brent crude below 49. Goldman sachs says oil has two state lower for longer. That is the way the market will be rebalance. Gas prices have fallen . 27 a gallon. The average price of a gallon of regular gas is 2. 20. It has fallen below 2 a gallon in 17 states. A breakthrough in finding out what happened to the air asia plane. One of the black box recorders that may tell what happened in the final moments before the plane crashed two weeks ago. The black box is composed of 2 parts, a flight data recorder and the cockpit voice recorder. The one thing we managed to find is the flight data recorder. The wreckage is 105 feet below the service of the java sea. The crash killed 162 on board. The biggest crowd in modern history in france, 3. 7 Million People marched to mark the terror attack. French president Francois Hollande proclaimed paris as the capital of the world today. John kerry will fly to paris at the end of the week. That may be an answer to criticism that the u. S. Only
Becoming the event t watch out for. 10 is where its been a couple of years since we have had an event like this. By now you probably know im scott wapner today in for bill griffith. It was a White Knuckle ride with triple digit moves and norm rather than the exception. Certainly the case. Take a look. Calming down a bit and not at the nasdaq and tech stocks taking tonight chin. Semiconductors, Morgan Brennan joining us now with how things look at a pretty wild week. A wild week for the nasdaq composite and closer to the close the selloff is accelerating here at the nasdaq. Down at fresh lows. 1. 4 so far for the day and on track to log a 3. 5 loss for the nasdaq this week, the third consecutive week of losses for the nasdaq. Semiconductors leading. Weak demand in china. Thats pushing all of the chipmakers lower, including texas instruments, micron and intel, a large cap name that tends to drive the nasdaqs performance. Thats fueling fears over Global Growth and thats in turn setting ot
Talk about the tom offensive led joint tonight here in the studio but many of whom is a member of parliament and assistance to Health Advice for the National Financial commission has sent a thank you for being with us also here is the sometimes of under funding and at war with us as well. Also in the channel founder of vocal our opponents and its an ongoing Vice President of the janus who you think women should eat to live you for being with us. First of all flow together to bake and then some and look at the governments wider Charm Offensive to the business well. Connollys continuing the Charm Offensive the heads of thirty companies and into the siemens mobile g m s they arent easy pattern so whats been called a council of attractiveness. The companies invited to a combined annual revenues of eight hundred and fifty billion euros and the president is hoping he can convince them to invest more in front of any at all to visit schools and the twenty thousand Foreign Companies in france i