After delaying its ipo and new details on facebooks newest project to develop augmented reality smart glasses. Worldwide exchange starts right now. Good morning, im Courtney Reagan in for Brian Sullivan this morning shares of fedex crumbling. The company missing on earnings and lowering guidance. Much more on that stock coming up you can see shares down more than 11 in the early going. Here is how your money and Global Markets are setting up their day. Stock futures are indicating a slightly lower average dow jones lower by 34 points s p by 4 and nasdaq by 10. 5. It is fed day. That is really the focus not just in the u. S. But around the world. Looking at the bond market we continue to watch closely the different between the 10year yield and the twoyear yield the two year is 1. 711 and the 10year at 1. 77. In japan, stocks closing slightly lower so nikkei down the hang seng as well. The composite is up by about a quarter. Everyone waiting to see what will happen when we hear from the
Move welcome, everybody the major average is down right now. The dow falling for the first time in four sessions, wall street socalled fear index, otherwise known as the vix, at the highest level in two months. Apple with a major drag, with fears of plunging iphone x demand the cap has dropped 45 million in a week. The action is really in the bond bond market where yields are soaring. Michelle, welcome back thank you. Michelle carusocabrera. Bob pisani is on the floor of the new york stock exchange. Bob, is it Rising Interest Rates starting to hurt stocks . Yes, for the moment and fears of Interest Rate hikes. Puff reits, on either side of and telecom and Home Building stocks, theyre all getting knocked rather noticeably there. Also interestinvestigate sensitive. Like thanks, figure, not doing too much already, but your regionals not really doing that much so the big debate is will higher rates finally be the catalyst for a pullback we have a bunch of market movers, we have the state o
Doubt after he canceled the interview and calling the newspaper failing, nasty, and, get ready for this one, not nice. He agreed to sit down with two dozen times journalists along with the publisher for an hour and 15 minute wide ranging on the record discussion. This is as close to a press conference as we have gotten out of donald trump since july 27. It did not disappoint. Among the topics that were trum hetrumped as changed course and said there is some kind of activity between humans and Climate Change. He was lukewarm on the idea of present Hillary Clinton foreigners her things regarding email. The incoming president also disavowed groups of White Supremacists who have been solving bring his election victory and he defended his appointment of Stephen Bannon as his white house chief strategist insisting if he thought then and was racist he would not think of hiring him. Then topic of his business is came up amid conflicts of interest concerns. Trump said he is following the law an
Doubt after he canceled the interview and calling the newspaper failing, nasty, and, get ready for this one, not nice. He agreed to sit down with two dozen times journalists along with the publisher for an hour and 15 minute wide ranging on the record discussion. This is as close to a press conference as we have gotten out of donald trump since july 27. It did not disappoint. Among the topics that were trum hetrumped as changed course and said there is some kind of activity between humans and Climate Change. He was lukewarm on the idea of present Hillary Clinton foreigners her things regarding email. The incoming president also disavowed groups of White Supremacists who have been solving bring his election victory and he defended his appointment of Stephen Bannon as his white house chief strategist insisting if he thought then and was racist he would not think of hiring him. Then topic of his business is came up amid conflicts of interest concerns. Trump said he is following the law an
And not nice. In the end, the incoming an hourt sat down for and 15 minute, wide ranging on the our discussion. This is as close to a press conference as we have gotten out of donald trump since july 20 seven. Itd did not disappoint. Among the topics addressed, trump seemed to change course on climate change, saying he would keep an open mind on the Paris Climate Accord heard he also said there is quote, some connectivity between humans and climate change. Trump was lukewarm on the idea of prosecuting Hillary Clinton email, sins regarding saying he would be divisive for the country. The incoming president disavowed groups of White Supremacists who have been celebrating his election victory and defended his appointment of altreich and if heve bannon, thought bannon was racist, he quote, wouldnt even think of hiring him. Trump said he is following the law and as president he has more important things to worry about than boosting his bottom line. Trump fielding questions on several other