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Now people are suggesting because of the weirdo incidents, cramer called them morons the vix is leading the market because people are selling to pay for positions they were in over their head on. Wouldnt be the first time the tail wags the dog. Is it the tail or the dog the answer is yes. Guys, take it away. Have a good couple hours. Thank you this is the closing bell, everybody. The final hour of trade has everybody focused on whether were going to go back and retest the lows weve seen this week. We have sort of, but is it enough thats the question. Is is it enough for the market another big selloff. The dow was down nearly 700 points at the lows midday, but we are well off those lows right now but that could change. Stick around as bill mentioned, we have higher Interest Rates. That could be one factor sparking selling another thing to keep an eye on, the u. S. Dollar hit a twoweek high earlier in the session before it gave back ....
I wear today. Make sure its water proof. All the way down from your toes all the way down to your he. Everything covered up because the your head. Everything covered up because the wind is whipped around by gusty wind and the rain is heavyp look at the yellow on the west side. Everyone is seeing rain right now. Total coverage on the radar. This is erie huron Lorain County and hard to make out the counties. Thats how much rain we are seeing this morning. A real november like there. Downtown cleveland, scanning in on Cuyahoga County periods of rain moving through this morning. Down into Medina County farther south the rain incredibly heavy south of New Philadelphia where flash flood watches continue through noon notice the motion mainly south to north there is a bit ....
Donald trump calling for an investigation into chinas import taxes just moments ago on cnbc. Also, Bernie Sanders saying hes proud Goldman Sachs thinks hes dangerous for wall street. And what jack dorsey says about investors lack of confidence in squares stock right now and why hes not worried about the short sellers. But well start with the markets. We mentioned draghi expanding their qe program to 80 billion euros a month, consulting the refi rate, cutting the marginal lending rate, the deposit rate, adding, jim that risks to growth remain on the down side and trimming their gdp forecast. What can i say, hes got the Bank Stocks Going i mean, if they wanted to, they could issue equity. We all know that worked here. The liquidity hes throwing at this is amazing. This guy, sum total, dollar going higher. So, i know ever ....
Lets check on the markets for you. Two hours and 30 minutes away from the market opening in new york and futures are a little bit softer. The s p 500 futures are negative five. Over in europe, the stoxx 600 getting beaten up this week coul. The ftse off by 8 10 of 1 . Heres the dollar ahead of payrolls. The eurodollar 11426. The dollar on the back foot they re. A forecast for low inflation down under. Yields are creeping a little bit lower, down a basis point at 1. 4 for the 10 year. Big moves in the bond market, matt. Matt that is one of the stories we will be focused on throughout the hour. I also want to kick off my stock move percent with what is i goig on in europe. Another loss that was 42 narrower than the same quarter last year. A secondhalf rally as steel prices improved. Man group is the Worlds Largest publicly traded hedge fund. Bywas moved from a cell to a off of Hedg ....
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