Got us high as 88 this morning our global map futures falling sharply picking off where friday drop off. We have broadcom raising that bit for qualcomm it would be the Largest Technology deal if it got done it is best and final and it is worth more than 121 billion in cash and stocks. Shares of wells fargo sinks. Stocks are on track to extend the sell off on friday if the dow falls 235 points today, that would constitute a 5 pull back on its all time high on january 26th might we know how long it has been since we gotten that 5. It is been the story. It is how long the streaks have been last week we got rid of two of them which is more than 60 bases point tcp fr drop of the day. It emblems of how extended the market was and everyone i think, a week ago were saying it was overdue. Markets are over heated so this is how it looks and when ever that happens, you can grab at the headlines for why it could go further and i think just looking at the dow open makes a lot of sense they always s
Unto itself on the facebook. Why are Million People in east africa threatened by starvation what are the causes of the situation. We focus on five specific problem areas. These huge journalistic projects trying to find the answers why africa goes green our topic this week on d w news online. At the. Opening up chinese president xi jinping kicks off the communist Party Congress trying to convince investors his economy will become more and more open to the world. Doubling down beijing threatens to make the great firewall of china even more impact. Trouble cracking down on b. P. s and turning the page on a greek tragedy after years of Economic Hardship leaders promise growth is said to return. And been physical and thats to business investors call it promise for teak they want action from china the leader of the worlds second biggest economy has cast himself as a champion of globalization as the top economy the us were traits but is president xi and in his first term he disappointed many
Coming up chinese president xi jinping sets out his vision for the country at the start of the communist Party Congress he says his dream to run is to turn china into a global superpower. And the rules off it was the center of Islamic States brutal regime now the city has fallen to us back Syrian Forces so does the loss of the city mean i guess is finished. Last in the next sixty minutes remembering one of martin germanys most violent and defining moments its forty years since the radical left Wing Campaign culminated in the killing of a top german businessman we look back at the impact of the Red Army Faction that can still be friends today. And in sport i joined still down real madrid and Tottenham Hotspur went head to head in the. Champions league on tuesday. Hello im on with our chief our pleasure to have your Company Nearly one month after germans went to the polls chancellor Angela Merkel is beginning a complex task of forming the next governing coalition merkels conservative c.
Start of the communist Party Congress he says that his dream is to turn china into a global superpower. And in soccer news byron are back firing on all cylinders in the bundesliga under a new manager go behind this can they do the same in europe with a look ahead to their temple clash with celtic. Welcome to the Program Thanks for joining us. In germany an exploratory round of talks about forming a Coalition Government have begun three years after three weeks rather after an inconclusive general election german chancellor Angela Merkel is seeking to forge an alliance with the greens and the business friendly f. T. P. Now if success. Todays talks about talks could lead to what is called and to make a coalition the name is based on the colors associated with the Party Meeting and. Black yellow and green for now the colors of the jamaican flag are just hot air on the banks of the reverse. But exploratory talks are underway chancellor merkels conservative c. D. U. In the c. S. U. First met
A warm welcome to you. This is Worldwide Exchange on cnbc im wilfred frost. Sa sara is off today. Lets get to the Global Market picture. Losses yesterday the dow was down 0. 2 . The s p down 0. 4 the nasdaq the laggard down about 0. 6 it was a broad selloff 10 out of 11 sectors were down te telecos were the worst sector. But we had had six straight gains for the dow and s p, and decent gains last week for all three indices. This morning were pointing higher just under a tenth of a percent for the nasdaq and s p the dow up 0. 2 this morning we saw yields get close to 2. 4 the back end of last week, but we slipped back a bit. Rising a fraction. Still not above 2. 4, but 2. 39 you can see that pick up in yields weve seen over the course of october. Lets look at asian equities japan was the stand out performer yesterday after shinzo abes resounding election victory. Today up about a half percent. Hong kong down 0. 5 . Shanghai slightly higher an update from china on the latest out of the c