street futures is foipointing to a higr open cramer says the recent volatility is about as bad as he has seen cramer joins us. why he says jay powell is getting schooled stocks are poised to open higher this morning. the rise of all three major averages recovered to post some ol l solid games. if we are going to erase the whole 1931 thing, we got to get about another 4.4%. yesterday, 2:17 p.m., the dow is down 611 points and 200 gain in the last hour so at 3:00 p.m. and it was a straight line up going positive the last half hours. to gain back almost 900 points, biggest dow and nasdaq rehearsal in ten years does that mean we are still in a bear market or does it mean it could be the making of abbott. we did have the two back-to-back games. there is some following through. this is the end of the year buy or is this over done and this is it it got extremely over done and all you are doing the last couple of days is feeding off of those conditions being so extensive to t
profits. living the stream. comcast testing a new service, goldman upping netflix. and walmart takes on amazon s prime day as amazon takes on black friday. a deal in greece after all night meetings. they have reached an agreement to keep greece in the eurozone. a lot more to still be worked out. it s up to greece to implement and exercise the austerity measures. austerity measures that the people voted against and are now going to get even more than they thought they were going to get the first time. this is a horrible deal for greece. this is the price to pay for staying in. i don t know if you caught the merkel press conference this morning. it was at 3:00 a.m. and it was bad. why? she just told it like it was. said we re going to give them a time out. it was financial potential five-year exit reentrance that s not agreed to by everybody. it s just punishment. i heard there s a big stake in greece wanting to extend the terms. i listened to a leader of a co
trading, stocks rising for the first day in four. look at these currencies against the dollar, euro i will come to in a second. sovereign bond yields are gaining today, that is why banks are rising and commodities is your final column. akzonobel, planning to split into with second-quarter earnings reporting today that missed estimates, a tumultuous time for them. they left relations with some investors in tatters. the former chief executive suddenly resigned last week for unspecified health reasons. to repair relations, they created a committee for shareholder relations vowing to hold more meetings with investors. and strengthen and maintain a constructive dialogue. that is the news today from akzonobel. the euro against the dollar, the 63 too watches 116. 16.63.is 1 a board member from ecb said the central bank can be more assured about meeting its inflation goal but still too soon to tell to say mission accomplished with price pressure in the early stages of the pricing
we are live from bloomberg s european headquarters in london. i m guy johnson. we are going to be speaking to the atlas merchant ceo. he is coming to us live from the world economic forum on africa. that interview takes place with anna edwards in just over an hour. that s what is coming up. plenty coming up on greece. the first country to death are a payment to the international monetary fund in three decades. in a significant escalation of its game of brinksmanship with creditors telling the world not to worry about today s deadline. prime minister tsipras has informed the imf that greece will bundle its june payments into one lump sum later this month. this afternoon, he explains himself. angela merkel says talks resolving the situation are far from reaching a conclusion. hans nichols is standing by in berlin. elliott gotkine is in athens. elliott talk us through what this delay means. what are the greeks doing here? elliott: you have to wonder if zambia is feeling green
territory. the spotlight is obviously on greece. the march toward defult continues as they plan an emergency meeting for monday and long time twitter investor not so happy with the changes at the top. calling the ceo transition sloppy and confusing. but first up a tale of two markets. in the u.s. the nasdaq is aiming for a record high and the shanghai deposit sliding into correction territory. the worst week almost back to leemen october of 08. there was a tremendous number of people who signed up to have accounts. they were signing up millions on people self-directed accounts during the first months of the year who weren t very savvy, just throwing money at the market. they had some margin there and that surprised people. the main thing is that there s i think an undercurrent in china. we saw it from hershey. there s a big change in the economy. they re trying to crack down on bribery. it s almost like gift giving of chocolate is down. this economy is influx over there an