Everybody waiting to see what happens. 8 30 a. M. S p futures down by less than a point. The nasdaq up by 1. 5. Yesterday you saw the nasdaq close down by basically it was flat. It was down 0. 9 points or something. It was flat. Dow and nasdaq did manage to eke out gains. Check out what happens overnight in asia. The nikkei looks like it was flat lining as well. Up 3. 5 . Shanghai comp and hang sang both a little bit higher. In europe, youll see thing are relatively positive if evfor th major averaging at least. Dax up slightly. And lets take a look at crude oil. This was the wbig story yesterday. Major pull back for crude oil prices. We have had people who have told us this week that crude was going to come down because of seasonality issues. We did see numbers this week. That has put pressure on wti. Now to the weather. Hermine has downgraded to a Tropical Storm, but not before becoming the first hurricane to make land fall in florida since 2005. The storm brought 80mileperhour winds
If you look at the yen, to see how the markets are focusing up on all this, the dollar yen looks like its sitting at 101. 52. The nikkei up by about 2 on this. A lot of options that the bank of japan had. This is not one of the four major ones people were anticipating. A bit of a head scratcher. Jim can make make sense of it later on. I was listening to Worldwide Exchange driving in. Its a little wonky. Just trying to fix tenyear bond yields, but probably all about the yen. I dont know what to make of it. Heres the thing. This is the wall street journal saying yesterday stocks moved up based on it. The dow edged up as investors awaited policy decisions. The bank of japan is the big the bank of japan, for the hard core investors, this is the game. I will say, jim can clear some of this up, by not easing further, by not luring Interest Rates one more time, by saying they wont buy more in bonds, that may give our Federal Reserve room in terms of going ahead and pushing rates higher. Its b
Breaking news with mcdonalds. Secondquarter earnings is just out. It looks like a pretty difficult quarter for the company. One dollar and . 44 per share. For 7. 3ates were billion. Global con sales are relatively unchanged. The u. S. Was actually down 1. 5 . Look great does not either. It tompany is expecting be negative. In israel, more than 600 evil have died. State issecretary of calling on hamas to cease fire. Lets bring in elliott. What are the chances a secretary kerry has any ceasefire . He has i do not think he would come all the sleigh if he thought he had no chance whatsoever. It is a tough call. Lets not forget on the table is a ceasefire. Offense were rejected. They will not release prisoners who were arrested in the search for the murders for three israeli teenagers. That is let their demands were. The offer on the table has not changed since last week. It seems there are more, fan israel thought. Is there for ank longerterm offensive . It will carry out its operation and
Amazon. Com. We are counting down to earnings. While disney, groupon and Electronic Arts and activisionblizzard. We have all of that reporting after the closing bell on street smart. Off 15, the p nasdaq down more than one percent. I want to go to julie hyman. Couple oftioned a them, aig topping the list. Financials have dropped the most, aig out with earnings and profits were down 27 because of higher claims cost and that is pushing down the shares sharply today. The worst performer on monday financials. Among the financials. Twitter is at the lowest price since the ipo. We have been awaiting the expiration of the share lockup. For saleon available today, that is quadruple the amount available for trading. Some insiders have said we are not selling but the market is. We are seeing a lot of selling in twitter today. And Discovery Communications leading the Consumer Discretionary stocks after reporting revenues that trailed estimates. Though shares are down by the most in that Consumer
9 45, comfort index. 10 00, Philadelphia Fed Business Outlook as well as the Economic Indicators. Could be up for the 14 month in a row. Does that get in with attention . Makefinitely, as we try to sense of what the fed is going to do in 2015 and 2016. I am alighting on lead indicators. Do need another cup of coffee . Blackberry at 7 00 earnings. This is a big deal . They been trying to turn the company around. It is more of a niche player. We will see how it turns out. On the heels of the new amazon smartphone. And kroger before the bell. After the bell, oracle and smith wesson. Major Market Movement yesterday afternoon. S p 500, can we Start Talking about 2000 . Eurodollar stronger. Nymex crude elevated. On to the second screen, please. The vix well under 11. Does that show that complacency, the punch bowl, there is the dow, truly on the 17,000. Brent crude gets my attention. 170. Ing, finally through that speaks to the actions of the last summer of days. We have scoured the newspape