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Where they had white a busy day. Gerri willis on the floor of the new york stock exchange. Same there. Phil flynn watching action in gold in chicago on the floor. Gerri, on the floor, take us through the crazy day. Reporter we started down, continued on. You can see by this chart, worst day for stocks since august 23rd. All subpoena 500 stocks traded lower. A decade low for manufacturing. Im not hearing from traders a huge amount of surprise about this. In fact it was surprising in the opposite direction we kept hitting new highs. They were more surprised by the fact that we hit nearly 900 points yesterday and today for the dow. Looking for earnings next couple weeks. That could be negative. Could be a replay of last years third quarter. Well see eps down about 2 yearoveryear. Major averages today, dow down 1. 85 . The s p down similarly, 1. 78. Nasdaq even more so. Look al that. Meanwhile talk about oil, this is an important thing. You see on the screen right there down seven consecut ....
After the Islamic Republic seizes a tanker in the strait of hormuz. Healthy growth phillips beats Sales Estimates for the Second Quarter as the ceo gives bloomberg his take on the trade war. These trade wars that are , as ave in the world strong believer in what globalization has brought to the world, i hope that we can see coming closer to each other. That will be good for the world economy. We had some outflows. If i had that back, we are actually within the target range. If i look at margins and revenues compared to the second half last year, they have substantially recovered. A very more welcome to the European Market open, everybody. European markets opening what . 28 minutes time . There or thereabouts. Futures suggesting we will be a little bit weaker at ....
Finally, the new leader and how he may be able to help the stock that has slumped postpandemic. Caroline it is time to move on from the potential cage fight elon musk, but will wait . But will we . I am looking at the nasdaq, managing to pick ourselves up from the concerns we had from china. The big chinese names that are traded here in the u. S. , they are still under pressure as much as they were in earlier days trading. We are now off by half of that, this is the anxiety around both management and exposure there over in china, and warm with the property market, how much of the market will stimulate this economy. There are some anxiety in the bond market, a couple of weeks, in terms of the 10year, 4. 2 on the 10year that we see, 5 on the two year, we see that yield move absolutely higher on the tenure as it stands 10 year as it stands. We have seen a knockdown on sunday trading but that is then volumes, we have volumes no matter what asset class you look at. Im looking at what is hap ....
My colleagues at the ntv Television Company, and those who works, those who collaborate with the ntv Television Company, and you, dear tv viewers, i also wanted to congratulate on a wonderful event, today the ntv Television Company turned 30 years old, we have become very big, but this is that wonderful age, in my opinion, when everything is still ahead, well, yes, there will probably be some problems ahead, but there is much more better, so i want. To congratulate everyone today, well, to wish us some kind of, you know, very bright, creative longevity, i wish you that the result of this creative longevity will be your favorite programs, some new projects ntv, which you love, watch, you are our most wonderful, devoted viewers , so in general i propose tonight , we need to stir up something somehow, i join in, ....