Everything is in the green, but very, very small movements in low volumes as well. 45 when you down look at the 30 day average. Story is in commodities. Come over here, and you can see the commodities index is up. That is a lot by metals. Is that the highest in five years, copper in four years on its 16th consecutive gaining day. Freeportmcmoran gaining about 3 today. Take a look in this chart. This is the bloomberg commodities index. It is seeing its longest stretch of gains in 12 years, and the index has been up for the past 11 days. Finally, i wanted to take a look at some movers. Lets switch up the board again. What you can see, these are some of the s ps worst performers on the year. General electric, under armour, all down on the year. We know that with ge, they are in the middle of a turnaround. The long time ceo has left in the middle of the year, along with another of budget top company executives. A new ceo reported a turnaround plan that was introduced last month, but not re
Of profits. Its soured by continued weakness from pimco but the ceo defended it to cnbc. Its still a strong bond house it used to be as a performance looks total the current fund has an excellent performance year to date. Almost back to its shiny days in performance. In the black for the Second Quarter in a row as the banks turn around plan continues to bear fruit. The company boosted by cost cutting and asset sales. Happy friday everyone and welcome to worldwide exchange. Im seema mody. Alibaba getting real. Find out how the ecommerce giant is trying to win back customers with knockoff goods. This is it, jon stewart boys out after 16 years hosting the daily showment we bring you the highlights from the star studded show. And we speak to the new venture that will deliver food to your door. Well digest the details. Welcome to the show. So the july u. S. Jobs report is out at 2 30 cet with another solid month of hiring expected. Forecasts call for an increase of 215,000 in nonfarm payrol
Check out what is happening to european london european stocks. Stocks arising for the second day for the biggest weekly increase in two months it sterling low against the dollar down by. 2 . June 24 last year, biggest weeks biggest weekly gain last year. Sterling rallying 3 against the dollar as the boe turns hawkish. Up fiveyear yield is basis points, higher since august 22 after rising 15 basis points last week. You know the fmos fomc meets this week. Dropped theounts most since january after a. Ecord expansion lets get the bloomberg first word news. Sebastian a peaceful resolution with north korea but Rex Tillerson has warned his two parents use military force if necessary. Those comments came as trump prepares to ask allies to confront the regimes threat. In a tweet, trump mocked kim jong un as a rocket man. Marias wins have picked up eight to five miles per hour. Warnings are being issued to several islands. The u. S. Is bring for rain, and beach erosion. The day has lowered its
U. S. Equity futures have been indicated higher after the markets were down yesterday. The first time in seven sessions that the dow and nasdaq were down this morning a rebound from that these were modest declines yesterday and this morning s p futures indicated up by three. The nasdaq indicated up by 2. 5 overnight in asia, we have seen some gains in some asian markets. The nikkei up by a half percent. How many winning streaks is that 16 in a row that weve seen for the nikkei now trading at 21,805. Hang seng closed down bay half p percentage point in europe, as you look at some of the early trading, you will see green arrows across the board. Modest advances. Ftse up by 0. 4 . The cac is up by a quarter percentage point the dax up by 0. 2 look at crude oil prices looks like crude this morning is up wti up by 444 ce cents, brent u 57 cents. News out of Chinas Communist Party congress, members confirm president xi jinpings status as the most powerful leader since mao by writing his name
I think it was actually an attempt on russia, russianturkish relations. I was skeptical of the idea that the russian aircraft was shot down without the consent of the turkish leadership. As you remember, some of them stated that it was just done by some individuals who wanted to interfere with relations. But right now, i am changing i might change my opinion. Everything is possible. You might have destructive elements in the government a deep level of infiltration in the turkish army, Law Enforcement officials. I certainly do not want to find a scapegoat and point a finger at somebody, but that is really happening. Will that challenge russianturkish relations . No, because we are fully aware of the importance of russianturkish relations and we will do everything to develop them. Certainly, we will keep in mind the interest of turkey, but also own interests. R in the past year, after we normalized the relations, we were able to find the compromises we needed so we can continue finding c