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Yesterday you saw the nikkei ended that 16 session winning streak this morning stocks are closed higher the nikkei was up by 32 points to 21,739. Hang seng down by a third. The shanghai was up by a third of a percentage point. The early trading in europe, things are in the green across the board. Gains for germany, france and london up by a third stocks in italy and spain also higher treasury yields, check this out, yields at 2. 43 . Crude oil prices which have been above 50 comfortably for quite some time are now up about 8 cents. 52. 26. Here are the big stories were watching new comments out this morning from the saudi crown prince. He says the aramco ipo will take place next year and valuation of the company could top 2 trillion the crown prince said saudi arabia is working with all Oil Producers to rebalance the global oil market. On the wall street agenda, weekly jobless claims out at 8 30 a. M. Eastern, followed by september ....
Apple is the biggest market this Biggest Company out there but it is trading down this morning. It reported its first Quarterly Earnings and raised questions about a lot of things. We are wondering if theres any growth the Company Generated more revenue than projected but as projections have made investors uneasy. Time when i think of apple and i look at them putting the biggest quarter up and i say its not that bad that the growth is not there. The issue is not the current quarter. It is the outlook going forward. Are issues where if you look at the shipments, they are beginning to really slow. They need to innovate and they need a larger screen phone. I would argue they need a low cost iphone. I dont think that will ever happen. I dont think they will do that. They seem to have a willingness to stay on the uppe ....