Arrows dow futures indicated down by about 260. Weve seen down 300 this morning. Nasdaq also down sharply down by 200 points and the s p 500 down by about 37 so significant declines after two other days of losses also playing out in the treasury markets as well. If you want to take a look at what is happening there, yields have gone down, right now the ten year is yield iing below 0. a lot of this has to do with renewed lockdowns in europe. Lets get to karen cho who has more on what is happening there. Thank you very much we are witnessing losses across the markets as we contend with more news flow around more severe restrictions. Weve been hearing the last couple hour 24s that there may moves announced later on today, reports from various Media Outlets suggesting that london will move to a tier two restrictions the london mayor has spoken suggesting that the Health Secretary will reveal the changes in the house of commons. No mingling between households currently there is a rule of si
Expected i think were going through a period of i hate to use that cliche, rational exuberance. People want to get back in the market and theyre being when you see this nickel you featured highly for the last couple days, people are just anxious to put money. Theres a lot of money on the sidelines. And i personally think that we should be concerned and be concerned about whats ahead for the economy. The rest of the summer and into the fall i mean, i think were living in artificial dream world at the moment i think unemployment is going to increase i think that businesses are not going to come back to work as fast as they have. On the other hand, on the other hand, and im going to be selfish, we have companies that are doing well in this environment. But they in special neariches. There are companies who are going to increase and probably certainly a company like facebook and apple and several of the others you mentioned are beneficiaries of this times were living, the Delivery Companie
Inventories are on the way. Our road map begins with the election six days away. Polls show pretty much a dead heat. Hundreds of economists including Prize Winners urging voters not to vote for trump in an open letter. Alibaba shares are on the rise this morning, the Worlds Largest retailer showing strength and cloud and in mobile. And big beat for time warner, company also raising full year forecast as it gets ready for that merger with at t. Call is wrapping up and well get you headlines on that. But first up, futures are moving lower a day after the s p extends its losing streak to six. Data from adp shows private sector added 147,000 jobs last month, that is below expectations. Meantime, the feds latest Interest Rate decision and policy statement 2 00 p. M. Eastern time. And of course six days until the election, jim, the past six days on all of the assets i just mentioned, is that all jitters ahead of tuesday . You know what, im going to say it is. I was talking with my friend sar
. . I think that in many really bizarre ways, the world Series Finale feels a heck of a lot like todays market where the dow dipped 77 points. S p declined 0. 65 . Nasdaq lost 0. 93 . Now, you know me. I care about the players for certain, and the game is definitely of interest. But when i think of cleveland versus chicago, im defaulting to a map of cramerica and the players that rule those two cities. In chicago, its walgreens boots alliance, boeing, Archer Daniels an allstate. Cleveland, eaton, sherwinwilliams, Parker Hannifin, keycorp and cliffs natural resources. I have no idea who wins the big game tonight, but i also dont really care, not because im not interested in baseball. I used to be a vendor selling ice cream at Veterans Stadium in philly. I threw out the first pitch last year against the diamondbacks. Mike schmidts my hero. Its that i like both the cubs and the indians because theyre both underdogs like my teams for me too choose. Sadly, though, its not hard to choose whi
Authorities received concrete information of a terror plot. The Prime Minister described the threat as serious and imminent. Yesterday, 22 raids led to 16 arrests. Salah abdeslam who is wanted for the attacks in paris was not one of them. An unidentified mans photo was released, who is believed to have been a suicide bomber from the paris attacks. Good morning, claudio. Were expecting a statement from the federal prosecution office, where theyre going to update us on the raid last night. It was a tense night in brussels. We got out of the hotel in the city center and saw the police cordening off blocks. Other raids took place miles from here. Salah abdeslam was not among them. The interior minister said there are about 1,000 officers who are on the hunt for him. Now, in the meantime, on the paris side, the Prime Minister of Great Britain visited france this morning in a show of solidarity with president hollande. It was a moving scene this morning, side by side together in front of the