Good morning. Very warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im susan li in for sara eisen. Lets get to the Global Market picture, coming off a day where the dow ended ets eigits day losing streak. T it was financials bouncing back and leading the charge to the upside that allowed that recovery. Today we are flat in the premarket. A bit of red for the dow and s p. The nasdaq in the green. Yields recovered from the lows, back above the 2. 4 level. Sitting at 2. 409 today. Yesterday we were up around 2. 2. 4 2. 42 . So slipped a bit over night. The tight correlation between what the tenyear yield is doing and what bank stocks are doing has been extraordinary to see. As yields moved higher yesterday, as did banks, that dragged the rest of the market with it. Lets check on asian equities this year. Asian trading off the end of the dow losing streak. Minimal gains across the board. Saw japan up 0. 1 . The hang seng advancing, shanghai lower by 0. 3 . Asia, we finished th
Good morning, welcome to squawk alley. Im john for foton. The british Prime Minister, theresa may, triggering article 50 this morning starting britains twoyear process of leaving the European Union. We will no longer be members of the single market. We are going to make sure that we can strike trade agreements with countries from outside the European Union too, because, important though our trade with the eu is and will remain, it is clear that the u. K. Needs to increase significantly its trade with the Fastest Growing export markets in the world. John, the reason i said that sort of jokingly, was willford and i were there nine months ago when this vote happened, surprised the entire world. The big question was, when was britain going to trigger article 50 starting the divorce talks. Now that we have done it, i think the question is, how messy is it going to be . This isnt the actual original one. It is a copy. This was the letter. The two big takeaways are the tone of thele letter. A
Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen. Im wilfred frost. Very good morning to you from me as well. Lets check in on the global markets. After a triple digit decline yesterday and some ugly earnings from ibm after the bell. Thought it would be a big drag on the dow, especially when it was down about 6 . Dow futures are holding up. They are unchanged right now. Just barely positive. S p futures are up 5. Nasdaq futures are up 12. Broadbased selloff yesterday. What seemed to get a lot of attention was the bond market. Tenyear yield ever lower, moving to a low yesterday of 2. 16. Theres continued veracious appetite for u. S. Government debt. The word on the street yesterday, increasing concerns about a government shutdown. Remember next friday is the deadline for a spending bill. Will republicans end up passing it. Theyre on recess now . They have a few days when they come back next week. Thats one concern out there. Theres a number of them. Theres a big dip in
A group of former Trump Campaign advisors, big economic names are wondering why it has to be so hard. They have got their advice for the president. Political nailbiter in georgia with national implications. Both democrats and republicans claiming victory in first round of a special election. Who will win the runoff . The latest from atlanta. Competition heating up for both American Express and ebay. How this is affecting the bottom li wheth Companies Release results. Well have results at any moment for all of you. David the dow sinking for the second straight day. Oil a about drag on stocks with exxon, chevron the dows biggest losers with gold town. We have team coverage. Phil flynn watching big movements in energy from the cme lori rothman on the floor of the nyse. Lori, were down triple digits again what are the traders saying . Let me give you the scuttlebutt, david and chairman. Delay in tax reform first and foremost. We heard from boston fed member eric rosen again. He is a nonvot
Voters heard all that noise and wonder if they should be worried about secretary clintons behavior. Said he has absolute confidence in her. Officials in italy are trying to iner decide the cost areas hit by earthquakes in the past two months. John reports. The Prime Minister promised to reveal the area affected by the quake. More than that if necessary. That may that. That may evaporate. Bloomberg news, a senior russian diplomat urging the next president to end a fight against terrorism. What is being called the humanitarian pause in aleppo. Offer. S latest news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries that im mark crumpton. This is bloomberg. Scarlet live from bloomberg World Headquarters in new york, im scarlet fu. And oilcks are falling is tumbling. Joe the question is, what did you miss . Matt the Federal Reserve reads leaves trades unchanged. That is a possible december move. Plus, facebook earnings out on a bill today. We will s