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Second quarter loss and the psa chairman says Market Conditions are tough. We are entering now a chaotic period in the Automotive Industry as we all understand starting with the market downturn, the emerging markets are in turmoil we see the electrification is going to change many things. Aston martin shares skid off course after the luxury carmaker slashes key forecasts for the year as it weathers uncertainty in the uk and europe and the euro slips to a sevenweek low against the dollar after german and french flash pmis miss estimates. Good morning lots to go through today i want to start off with the macro data as mentioned, germany and france flash pmis for july disappointed we got the composite number, the flash composite for the eurozone came in at 51. 5, less than the 52. 2 number for june and less than the expectation of 52. 1 i want to break it down, though. T ....
I am Francine Lacqua with jonathan ferro. Jonathon the city of london is probably happy it is the weekend, because the market is closed. Francine they are watching us. They are raising analyst reports, trying to figure out how monday will pan out. Jonathon shall we get you up this bead on how the carnage laid out. Beginning in equities. The ftse closing down the three Percentage Points on this day. The big carnage was in mainland europe you the dax down 6. 8 . The biggest oneday drop since 2008 and the biggest oneday drop on record for the european banks. At a 99aryen yesterday handle at one point. A big stand out the bond market and i will whip you through. Down 14 basis points on bonds. Francine the problem is that there are so many angles. We have to look at the European Union. How or if they are negotiating. We h ....
Headquarters. I am Francine Lacqua with Jonathan Ferro. What a week we have had. Jonathan the city of london is probably happy it is the weekend, because the market is closed. Francine they are watching us. They are reading papers. They are raising analyst reports, trying to figure out how monday will pan out. Jonathan shall we get you up to speed on how the carnage laid out . Beginning in equities. The ftse closing down three Percentage Points on this day. Actually finished higher on the week. The big carnage was in mainland europe. The dax down 6. 8 . The biggest oneday drop since 2008 and the biggest oneday drop on record for the european banks. The fx market, the biggest they drop of all time to a 30year low. The dollaryen yesterday at a 99 handle at one point. A big stand out the bond market a big stand out in t ....
Policies, on some regulatory issues and things like that. I dont think they will get that tonight in the speech, may get mentioned, an overall thing i need to simplify. You cant see past the quarter which is why they have so much cautious. You want to stay long. Ite be getting out of my positions. You can get out but cant always sell them. Thats why youre a veteran trader on the floor of the stock exchange. Thanks for joining us. This will be the first close above 14,000 since february 1st. More on that and, plus, whats going on on Carnival Cruise lines . Ill see you tomorrow. And it is 4 00 on wall street. Do you know where your money is . Hi, everybody. Welcome back to the closing bell. Take a look at how were set lipping out on the street today. After a pretty good rally in stocks. Nasdaq was under pressure dow up about 47 points. Thats off the best levels of the afternoon, and volume really underwe underwhelming today. Nasdaq ....
S good morning, everyone. Im Carolyn Tyler. Thanks for joining us on this september 1st. Lets start with a quick first look at our weather with meteorologist lisa argen. Good morning to you. Halfway through our Holiday Weekend and changes are beginning today. You may have saw some yesterday with the cooler air mass and today even cooler. A stronger sea breeze. Extra clouds and the possibility of a stray shower today through labor day. Right now we are look at temperatures mainly in the 60s. Pretty mild. Weve had the clouds overnight thats helped keep the temperatures up in most places except up in the north bay where its cool in the 50s, santa rosa. Heres the next couple hours. Notice most the cloud cover in the east and south bay, a little bit more sunshine in the north bay. Perhaps some 80s toward cloverdale. Otherwise 60s and 70s for the most part. Mid80s for the inland ea ....