Crowds continue to grow in hong kong. And the first patient diagnosed with the ebola virus in the United States isolated at a dallas hospital. Well tell you everything we know this morning. First up, new data from adp shows private payroll increased by 213,000 in september driven by hiring in manufacturing. The markets wrapped up a positive third quarter. The dow rising almost 1. 3 . The nasdaq gaining 1. 9 despite that decline in september. Now we begin q4, jim, where it sounds like you think there are going to be opportunities somewhere. Yeah, i dont like the industrials. Its very interesting. You see that rates are down again. This is all for europe. When you see the number from germany, its obviously very weak. By the way, 49. 9 is their pmi, the first contraction in 15 months. What you keep coming back to is a bifurcated market. I always read criticism of the show. You learn. I was listening to ray dalia. You always read and understand the criticism. How could you be negative . No
German bund got to nearly 80 basis points. Oil relatively flat. The tenyear hit 2. 30. The rising vix, some of these yields went bananas around 6 00 a. M. Eastern. Because of the percentages and how low they are in germany, you have a little change in germany, its a dramatic rate increases. People are losing fortunes. Now its 2 trillion in two weeks. When people say why are some of our stocks down look at the pain. People believe negative rates would get more negative even though there certainly was this risk. Yes. That was just dead wrong. We are seeing one of the things i think is just shocking to me is this dollar. The consensus was the dollar was in parity all these things you heard. Dollar you better get to europe quickly. Im booking that amalfi coast trip now we ought to hear about alibaba. They turned the s p futures. Lets do that. Alibaba shares are up in the premarket after the companys earnings did beat expectations. Also the Company Announcing its current chief operating off
Connell there is not any good news. The super bowl is a blowout, the market is down 150 points. Dagen i was not even written for the broncos. Connell hopefully we can cheer you up for an hour or so. Dagen what have you got . This market cannot catch a break. All about dumping risk and fear is back. Nicole petallides with more. Nicole that is right. I will get to that in a moment. The dow, nasdaq and the s p down arrows, all three down a percent or more. 15,547, so that is a loss of 1 . The s p 500 down 17point sitting at 1765, a loss of about 1 . Bank stocks and retail stocks, transportation lower. Utilities, the safe haven of utilities seem to be doing well, they are the one winner along with health care for 2014. You mentioned the vix, we have seen that crossing the 20 levels. We could settle at the highest level since october 8. And pfizer doing well on developments on the Drug Development for breast cancer, that is good news, that is why you are seeing it as a winner. Back to you.
Find, check on some of the issues that are concerning investors right know. Exports for example, to europe and oil supplies and prices. I did find this reference from the cleveland Federal Reserve bank. It said, quote, that manufacturing, manufacturing firms there seeing lower production, attributed to seasonal factors or declining exports. On excess supplies of crude oil the bake book does report on that. It uses the term, excess supplies. Reporting on its contacts in the period up to october 6th. It says, quote, Oil Exploration activity increased in the minneapolis, kansas city, and dallas districts. Of course the minneapolis district includes the big shale oil reserves in north dakota. But again, this information was all collected before october 6th. Weve had a lot happen since then. The dow, down, 1,000 points since october 6. Unclear how these latest developments in the markets will affect fed policy making at the end of this month. Melissa . Dierdre peter barnes reporting in disg
The beer for back in 2009. And investor reaction is muted in china as the gdp is above forecasts. Youre watching Worldwide Exchange bringing you business from around the globe. Welcome to todays program. Plenty to get through. The u. S. Stocks are closed for Martin Luther king day, but well have other things on todays show. The lackluster Commodity Prices continue this year. Will chinas growth translate into a turnaround for the sector. Analysis at 10 15 cet, about 15 minutes from now. Deutsch banks surprise Fourth Quarter loss and at 10 30 they expect the stock to underperform amidst regulation and Capital Requirements. At 11 30 ct well head to cairo to see how the political landmark will play out after the new constitution was voted in. And at 11 50, well dive into the market with a look at the famed Sports Illustrated swimsuit issue. Believe it or not, its celebrating its 50th anniversary. What a marvelous institution. Now, deutsch has issued a surprise profit warning posting a pret