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Warm welcome to Worldwide Exchange this friday morning on cnbc im wilfred frost. Im seema mody in for sara eisen today. Good morning to you. Good morning to you lets check in on the Global Market peicture this morning. A day of gains, up slightly resounding week to kick off the year it looks like it will continue the dow up 61 points nasdaq 23. S p up 5 in premarket trade. Yesterday financials played catch up having lagged the market for most of the week. But for the week as a whole, energy the clear winner with oil prices rising. That sector up 4 in the s p tenyear treasury note for youful yieyou. We started the week in the low 2. 4s, ending at 2. 456. The 1,000point run weve seen in the dow is the fastest in history look at asian equities, japan seeing its biggest oneday gain in over a year you can see here on friday closing higher by nearly 1 . Softer gains in hoping co ....
The arab league seeks Global Recognition of a palestinian state with East Jerusalem as its capital thirty two sailors missing after an Oil Tanker Collides with a congo ship in the East China Sea and the Italian Coast Guard says at least eight people have died and eighty six others have been rescued from a boat off libyas coast. Several pakistani groups which are facing pressure from the government are holding a demonstration in the northwest and city officials are they include jamaat ud dawa the Organisation Led by the two thousand and eight mumbai attacks suspect toughies saeed pakistan has recently brought so nations two groups named in a ....
S p down 1. 1 , and the russell down 1. 05 . Why . One main reason is china. China devaluing its currency. The dollar strengthening significantly. Oil is down big time, look at that, dollar strength, it takes fewer dollars now to buy a gallon of a barrel of oil at 43. 2, down almost 4 . Brent down almost 3 , gold up just a little bit as you see there about a half percent. Mandy is out but sarah eisen who knows a lot about currencies and china is with us today. Thank goodness youre here. I live for days like this, watching the dow and the impact of china spread across the globe. Bob pisani, anything with any china or Commodity Exposure is getting pummeled. Dow up 240 yesterday, down 240 now. Its a wasted week so far. Put them up, Materials Energy and industrials to the downside. Thats the big losers. Some of the obvious names and their impact from china. We always talk a ....
A new museum in paris honors the legacy of eve fallowing. Lego vision the new building by then a stocking to yacht in goes. And physical in losing somebody painting my sabby an artist really on a middle of it. He was one of the most famous Fashion Design is in the weld eaves long the french design a started his career at do your in one thousand nine hundred fifty seven four years later he found his own label for many years he worked in paris in a corner building near the eiffel tower and this house has now opened its doors to the public. If seller all spent the better part of twenty eight years here. In this room he sketched his designs and held his fittings. There is personal belongings lie strewn around the desk as if he just left the room. The fact is intentional. Former Company Headquarters has now become a museum. The concept is to leave visitors with an authentic ....
Lets look at u. S. Equity futures. Yesterday the markets were weaker this morning things are mixed. Dow futures up by close to 12 points s p down by 2 points nasdaq down by about 15. In asia, the nikkei was down almost a percentage point. Same thing for the hang seng the shanghai was up by a percentage point the cac is down by 1 now. Ftse is down by a third of a percent. The dax is off by 0. 6 the tenyear note, the yield yesterday settled at 2. 15 this morning the yield is below that 2. 146 breaking overnight, saudi arabias king ousting his nephew, the ksitting crown prine and putting his son, Mohammed Bin Salman the former crown prince was in charge of saudi arabias services footage showed an amicable change in succession the saudi all shares is up sharply today on the news. A check of crude prices, this is seen as a potential wildcard when it comes to crude with the change in power. Were seeing it holding on to modest losse ....