thank you for that. time for an early start on your money. europe stocks are lower this morning. so are u.s. stock futures. the global selloff in commodi commodities continues. the stocks coming off the best weekly gain of the year. looking to see some caution so far in the shortened holiday week which is usual. could be more of the same today if futures hold. and janet yellen pushing for a cautious pace in the increases. yellen was responding to a letter from ralph nader about the lack of movement. yellen responded an overly aggressive hike would under cut the expansion and yes we could go ahead and raise rates in december, but we will go ahead and do it slowly. so say they have been putting it off for a while. monday night football.
died. he was trying to try away a police officer s gun. the deputy has seen the video and considering it inconclusive. the irving, texas teen hauled off in cuffs after the clock he brought to school mistaken for a bomb. he is demanding $15 million if the city doesn t apply. the family will an file a civil suit. the teen was invited to the white house and received a scholarship to stud any qatar. he claims he has been harassed and he wasn t read his miranda rights. and european stocks are lower this morning. so are stock futures. a global selloff in commodities continues. stocks coming off the best weekly gain of the year. investors are cautious.
of $130 a share. as for the rest of the market, it is a bit soggy this morning. we re moving lower, as you would imagine, there s quite a lot of nervousness and a number of people just sitting on the sideline and waiting to see what happens until thursday which is the big fed decision. you probably know there is really no street consensus on this so the uncertainty is still hanging over the street. but of course, thursday will be the big reveal. to hike or not to hike, that is the question. yeah. we re about an hour into trading and it s down but it hasn t been a huge drop so far. just moderately lower. of course we re coming off a higher week as well. last week we saw the s&p and nasdaq showing their biggest weekly gain since july. it was a stabilizization week after some of the volatility we ve been witnessing. mandy drury, thank you. see you tomorrow. up next, back to the growing crisis overseas. european countries are feeling the burden as more migrants flee violence in t
number of people out looking for work and an increasing number of baby boomers looking for work brought the unemployment number down to 8.6%. people in the western part of the country are cleaning up after violent santa ana winds from southern california to washington state. the pentagon says pakistan is refusing to participate in the investigation into last week s air strike along the afghan border that killed 24 pakistani soldiers. the u.n. has extended the stay in libya. on wall street, the stocks posted the biggest weekly gain in two years. the averages surged 60%. back to hardball. welcome back to hardball. one week before the iowa caucus, donald trump will moderate a republican debate.
road to democracy. she spoke to reporters after holding a second round of talks with hillary clinton. the u.s. secretary of state has called myanmar s reforms a positive step. she warned they need to make more changes before the u.s. will consider restoring diplomatic relations. jipgs wi s the militarys of egypt say they won t be ready until does he or sunday. democrats and republicans say an extension of the payroll tax cut will help the economy but can t agree on how to pay for it. the senate shot down proposals brought by both parties forcing more negotiations. those are the top stories from cnn, the world s news leader, i m zain vergee and world business today starts now. happy friday and welcome to wbt i m andrew stevens in hong kong. these are the top stories. time to make a change. germany and france champion a major eu overhaul but differ on the details. it s all about jobs this friday. the big monthly nonfarm payroll number is out in a few hours from now. i