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U. S. Auto sales are expected to past 17 million for the third month as suvs and pickup trucks remain strong in july. And youre fired. Donald trump slumped because of racist comments but now first in the polls. Meanwhile, joe biden is reportedly thinking about dipping his toe into the race. All right. Welcome back. Lets have a quick look at the athens Stock Exchange. It opened for the first time in five weeks today. And it is down quite heavily as expected. It was off by roughly 20 . This is what we were expecting. Based on u. S. Traded etf of good stocks, this big decline is by no means a big surprise. But as you can see, the banking stocks are the hardest hit. National bank of greece off by 30 . And were seeing those declines across the banking sector. The banking sectors got a 20 rating for the index. And theres still a lot of question marks about the health of these bank given that 93 need to be recapitalized. Its not just the ....
Sergio marchioni says hes confident in his pricing of ferraris ipo between 48 and 52 a share. Amazon goes after the fakers. They turn legal in its bid to crack down on fake reviews on its website. So here we are kicking off a new week. Wall street, by the way, posting three straight weeks of gains. The implied open on this monday is going to be down. S p 500 down, Dow Jones Industrial down 23 points. The s p 500 looking at marginal losses. Losses priced at 1 3 of a point. The nasdaq is seeing gains of 6 points. Lets get to it. The worlds second largest economy, its not 7 but its 6. 9 gdp growth in the Third Quarter. Better than what economists had forecast. The weakest reading in more than six years. However, the number was slightly better than what analysts had feared. When you drill down into the details, maybe it isnt that strong in china. Exactly right. Lets drill do ....
Over the samarco mine disaster earlier this month. A volatile ride for chinese market. They close higher. This as the imf is expected to add the chinese currency to its symbolically important reserve basket. Still buying, black friday may be turning gray but the National Retail federation says over half of Americans Still did some shopping. U. S. Futures are looking like this on this monday morning as were back from the holidays, back from the turkey. The s p 500 seen up by 3. 5 points. Dau jones up by almost 30 and the nasdaq expected to open higher to the tune of roughly 7 points. This is after the s p had a little change shrugging off the volatility on the chinese trading and volumes obviously very low. But they should pick up again today. European markets, meanwhile, are looking somewhat mixed. The foots see 100 is down because the pressure is coming from the mining pre ....
Expanding in spain and italy in june. Nicolas sarkozy denies all wrongdoing as he takes to national tv to defend himself against allegations of corruption. And setting the record straight, volkswagen denies reports it will launch a takeover pick for paccar. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Well, a warm welcome again to thursdays Worldwide Exchange. You can see the heat map behind me. A bit of a difference to what weve seen for the last few mornings. A bid to the upside taking the stoxx europe 600 up around 0. 25 this morning. We had a relatively unchanged u. S. Market. They did manage to make new record highs for the dow and the s p yesterday. Adp coming in stronger than expected, the second highest since the beginning of 2011. It is a bit of a catch if ....
Across the beat. French advertising publicis buys safient in an allcash deal and shares trade lower in paris. And proctor and gamble is accused of tax fraud and production is halted. Youre watching Worldwide Exchange bringing you Business News from around the globe. Good morning, everyone. Lets get straight to data points. The eurozone manufacturing pmi for the month of october, that has expanded slightly slower than first thought last month with the number of 50. 6. E were expecting a number of 50. 3 so that is slightly better than forecast, but still lower than the flash number that we saw. Well get to some commentary from the market this morning. Again, the eurozone manufacturing is slightly slower than first thought. For the discounts out the factory gate failing to drive up new orders, this is according to market, a second month of price cutting alongside tend expansi ....