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steady today, near their highs of the session. look at the refiners in particular. ofre is a shutdown refineries in the caribbean because of hurricane matthew. we have oil prices higher as well with that inventories report that vonnie alluded to. we ve been watching department stores as well today. sales may grow at a faster pace than last year because of rising wages, because of a stronger job market. increase in spending during the holidays come excluding things like gasoline and restaurant sales. you have retailers higher today. wheat also been looking at today. wheat investors are focused on where to hide. end,ycle is going to rising yields and the treasury market not helping these guys. coming full circle back to the hurricane, lumber futures up 1% inay as a lot of folks florida battened down the hatches here in anticipation. lumber prices going higher. david: thank you very much. let s check in on the first word news this afternoon. her: hillary clinton at washing ....
twist which may lead to a credit rating downgrade. mark: european equities are trading, we will look 30 minutes away from the end of the tuesday session. global macro movers come in the stocks are declining. netherlands, denmark, luxenberg, but expectations of the federal rate hike in december is increasing as stocks all. they are falling against the dollar. on fields are climbing. on the insurance is down. commodities on the far right are declining. this chart shows the correlation between the oil market, wti, and .he global stock market developing stock markets. there has been a lot on investors minds. the rate hike in december, the brexit, throw in the u.s. presidential election. the rebound in oil, the blue line, has been a boost for the stock market. .ook at the 40-day correlation we have roughly at .9 0, 1 means we are moving in correlation. oil is driving sentiment within the equities space. there is a lot of big geopolitical events on the horizon. this is a won ....
aidlians gathering around distribution centers. we re receiving a huge number of wounded people. hospitals are all full. no more room to treat patients in intensive care units. reporter: damascus and its ally, russia, reduced airstrikes last week. the government also says rebels up in the city could leave families if they laid down their arms. the rebel held eastern half of under intensen fire since forces loyal to al-assad launched a major offensive last month to recapture the city. relativeew days of calm, russian jets have resumed bombing. laura: at least 14 people have been killed in afghanistan and many more wounded after an attack on shiite pilgrims in the capital kabul. the worshipers were gathered for festival for ashura. three attackers opened fire and the government, at least two were killed by security forces. 15% of make up around the population in afghanistan. hazaras,hem are ethnic militant sunni groups like the groupn and islamic state frequently attac ....
estimates. the biggest thing on the economic front, the bank of england coming out with its interest rate cut as well as increased stimulus here. factory orders, durable goods orders coming out a little better than had been estimated but it does not seem to be changing the direction of stocks to any significant degree at the moment. still seeing very little change as investors weigh what the bv has done with the bank of japan and try to extrapolate what the fed in the u.s. will do. playing into what we are seeing today asked stocks fluctuate above and below the zero line i half hour after the beginning of trading. i what to look at what is going on in the bond market following the bank of england action and following the economic data. as we saw in the u.k. we see yields moving lower. 1.49% in the united states and taking a leg of further down after we got this economic data although it does appear to be better. in terms of individual stocks that we are watching this mo ....
japan awaits an address from the emperor, the second time he has made his speech, live in tokyo. ,ollow me on twitter @rishaadtv and don t forget to include .trendingbusiness greater china markets underway and 30 minutes. indeed, a positive follow-through from wall street. derailedis rally got from that disappointment at the boj, but we are back on track. the nonfarm payrolls number added some clarity on where investors think the u.s. economy is going. the japan and rally under penned by yen weakness. rpinned by yen weakness. australia also extending, up 8/10 of 1%. the dollar steady with that data coming from china. some domestic activity indicators coming through this week from china. the kiwi dollar holding steady at the moment, stocks up by .5% ahead of the rbnz decision, expecting another 25 basis points to come off that cash rate. to 3%ion is below that 1% target. 8/10 of 1%,es up by a slight miss. malaysia up by 2/10 of 1%. a quarter of 1% when it comes to the ko ....