Lucrative. [ ka ching ] especially when the risk seems washed out by multiple town days including days like today that opened horrendously. The dow at one point down 135 points but then finishing strong. Hallelujah the dow gaining only 68. Nasdaq climbing. 86 . It was the kind of comeback that only happens when a market is oversold and investors have said, enough already. Im going to hold on to what i have left. What do i mean when i say the market is making sense . How about the fact that the slowing growth of the Global Economy and the negative manufacturing data we have seen in this country of late have caused Interest Rates to go low and thats logical. Rates are low. Housing becomes affordable. When housing is affordable people switch from renting. Especially in a situation where rents are about the highest they have ever been when you relate it to the cost of buying a home. Throw in that the banks are willing to lend a bit more with less of a down payment to people who need a loan
We are seeing the euro at 110. Things have appeared to calm down a bit. What about the oil markets. Crude oil rising yesterday and looks like it will rise again today. We are seeing crude oil up 57 cents a barrel to 48. Yield on the ten year treasury note unchanged at 1. 45 percent. Get ready for Mortgage Rates to fall again. If youre a metals investor, youre up slightly this horng. Those explosions rocking turkeys largest airport last night. It appeared to be a coordinated attack with gunmen opening fire at Turkey International airport in istanbul and detonating decides bombs. Much of it kaugtd on video that has been seen since that point. Turkey is blaming isis for the attack. Joining us now, its great to see you this morning. Good morning. It feels like we are talking to you more and more often about attacks that are taking place around the globe. What do you think is happening in turkey. In is the fourth or fifth attack in turkey just this year. There were others earlier. The earli
News of a fatal car crash. Phil lebeau will join usins moments with all the deal on that and the International Monetary fund says its identified the most dangerous stock in the world. Well tell you what that one is and what has traders so they are vows. First, well start with another Third Straight day of gains. Dow ending higher by 235 points and the s p gained more than 1 on the day, but we were looking at the internals, and its pretty curious. Its defense thats leading the way, like telecom and utilities and staples. They are trading like Growth Stocks, so whats with that, guy adalai lama, what do you think . First of all, sue, thanks for filling in, yeomans work and great effort by you. Ive got to tell you, that melissa lee, dove clock. I used to have to run for blocks to get down to the New York Stock Exchange when traffic is back and the poor thing has been sitting there like sweating. She will be here in a second. The irony, sue, is last night i slipped on to the set about 20 se
Herera. Im Bill Griffith in for Tyler Mathisen coming to you this evening from the New York Stock Exchange where stocks were battered today by the United Kingdoms unprecedented decision to leave the European Union. Government bond yields plunged today. Oil prices cratered. The Financial Sector especially had its worst day since 2011 as the Global Markets entered a tailspin. When all was said and done the Dow Jones Industrial average lost 611 points, 17,399. Its eighth largest point loss ever. The nasdaq fell by more than 200 points. The s p 500 dropped 76. The s p now negative for the year, sharon. We have three reports tonight from around the world. Were going to start with wilford frost in london. Reporter britain has voted to leave the European Union. The final results, 52 to leave, 48 to remain. A surprise outcome on almost any time horizon, especially compared to 24 hours ago. When pollsters, betting markets and Financial Markets were all united in expecting a vote to remain. The
Herera. Im Bill Griffith in for Tyler Mathisen coming to you this evening from the New York Stock Exchange where stocks were battered today by the United Kingdoms unprecedented decision to leave the European Union. Government bond yields plunged today. Oil prices cratered. The Financial Sector especially had its worst day since 2011 as the Global Markets entered a tailspin. When all was said and done the Dow Jones Industrial average lost 611 points, 17,399. Its eighth largest point loss ever. The nasdaq fell by more than 200 points. The s p 500 dropped 76. The s p now negative for the year, sharon. We have three reports tonight from around the world. Were going to start with wilford frost in london. Reporter britain has voted to leave the European Union. The final results, 52 to leave, 48 to remain. A surprise outcome on almost any time horizon, especially compared to 24 hours ago. When pollsters, betting markets and Financial Markets were all united in expecting a vote to remain. The