Expected job report from the fed. Were going to talk a lot about that this morning. In the meantime, take a look at what happened overnight in asia. The nikkei was up a quarter of a percentage point. Markets higher in china too with the shanghai up. 60 . Hang sang putting in a similar gain. If you take a look at whats happening in the early trading in europe, things are mixed at this point. Dax is up a third of a percent. Cac is up just under. 20 . Ftse is down. 20 and check out crude oil price this is morning, up 1 settling in just under 45 for wti. Among stop stories. 65 billion transaction bayer hiking offer for monsanto to 127. 50 a share. Up from 125 offer. Monsanto acknowledging the latest offer. Calling the discussions con struckive. Have been in talk since may. Bayer believes acquiring the seed maker would position the firm to help farmers produce for a larger population. Well have a lot more on the potential deal in just a couple minutes with an analyst. Other news, volkswagen
If you check out crude oil prices. Crude was all over the place yesterday. It did end the day up. See its up 31 cents right now. Wti at 45. 14. Nasdaq closed at a new high for the year yesterday. Lets get you caught up on some of the other big stories were watching. Notable comments coming from San Francisco fed president. Cue the star warz music. Repeating calls for gradual Interest Rate hikes saying it makes no sense to get back to a pace of steady increases sooner rather than later. The economy is in his words in good shape. Fed policymaker criticizing the Central Banks approach of targeting low inflation saying that method gives the fed too small of a buffer to fend off shocks. It is yap big day. Thoeld holding product event. Expected to unveil latest product lineup at 1 00 p. M. Eastern time. We talked about it. The focus of the event on the new iphone 7. The phone likely to have a faster processer and more pressure sensitive button, higher more pressure sensitive. This is the det
In the might be team take a look at what happened overnight in asia. Right now, asia closed up just slightly. The shanghai comp was down slightly. The hang sang up. 30 . Europe in the the early trading right now. See red arrows across the board. These are declines. Pretty mad rat. Basically a quarter percentage point decline across the board. If you check out crude oil prices big thing to watch yesterday. Crude oil up jed yesterday. Biggest jump in five months. After we saw that confirmation of the drawdown that had been suggested the night before, you see right now wti giving back a little gain. Decline of. 51. Breaking news out of north korea overnight that could be ralting markets this morning. The country claiming to have successfully tested a Nuclear War Head in what may have been most powerful detonation ever. South korean said it was the fifth test and had the impact of a ten killton explosion. President obama was briefed on that test aboard air force one. He said any provocativ
For both sides. We look at how each candidate is preparing for the highly anticipated event. Markets close in two hours and julie hyman is here with the latest. Julie holding any with games andy following on yesterday a little more certainty in the minds of investors as to the trajectory of the red. Now that it looks like december is more certain with the data dependent caveat. Arethe major averages higher and we are seeing a broadbased rally as well today. Real estate stocks at the best individual group. This is a threeyear chart of. Mazon hitting new records today. They are two of the largest point contributors to the s p 500. We have been talking for a while about the race to the stock. Upzon appears to be catching as both stocks are trading above. A driver of the gains were seeing ever since the you ks vote to leave the european union. Take a look at the group ranked returns here. I dated this from june 27 after that vote. Tech stocks are the best performing group since then up 18
Jo ling lets check out crude oil prices starting this one. We are up a third of a percent right now. Lauren a new batch of hillarys emails. We will have that story. Jo ling he has a new problem, the irs. Lauren nascar rooky made history. Welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Jo ling body of Supreme Court justice is headed to virginia. Scalia was found dead in his room at a west texas resort. President obama meanwhile promise to go nominate a successor in, quote, due time once the Senate Returns from a longlime recess. The debate when Justice Scalia should be replaced already underway on the campaign trail. The gop president ial candidates weighing in. We need a conservative person. I think certainly we have great people. Ill like to have the person tailored to be just like scalia. He was truly a good judge. This should be a decision for the people. We have got an election. Democrats, i cannot wait to stand on that stage wi