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Trading. Check it out, 40. 21. The last time you saw prices like this it was 2009. March of 2009. We were in the midst of the financial crisis. It was a lack of demand. This time around its not just a lack of demand for slowing economies like china but also massive amounts of supply. Well talk a lot more about whats happening to wti but right now barely holding on at 40 dh 40 dhr 40. 21. The shanghai composite closing down by more than 3 and in europe greece making a 3. 5 million payment to the ecb on a maturing government bond. Athens using money from the latest bailout. Back here in the states a few economic report of note, weekly jobless claims at 8 30 a. M. Eastern time and then at 10 00 existing home sales. We got a couple of other big stories in focus right now. Of course the fed is on our mine. Yesterdays release of the minutes from the last fomc meeting raising a number of questions about the timing of a possible rate hike. Its the question we talk about virtually every day and ....
79. Our road map goes like this. Markets holding on ton a positive open payroll growing modestly in october. Unemployment rate dropping to a fresh sixyear low. Disney matched estimates with revenue beating forecasts. A slow advertising market. A fourth toy story movie will be released in 2017. Moments away from the exclusive interview from whole foods ceo. The october employment report showing businesses added 214,000 nonfarm jobs last month. The Unemployment Rate fell to 5. 8 as more people entered the labor force. That is the lowest Unemployment Rate since july 2008. Listen to Steve Liesman who owns this report. What i thought was most important was the august unemployment number that caused a tremendous decline in the stock market was revised back up to the average. What you have is more consistent less stop star ....
Company he founded nearly 50 years ago, coming up with sallie kr krawcheck. Stay tuned for these exclusive interviews next hour. Plus, is it ever okay to borrow against your 401 k . A top money manager says no, never. Just dont do it. Its explained in a piece burning up cnbc. Com today and the author will join us to make his case. Before all of that, lets look at where markets are trading. Dow off by about 75 points today. Second straight day here with the red arrows. S p off 9 to 9. 92. So much seems to hang on the fate of the apple watch. They were up the best part of 3 and then falling back as the market did. Joining us, 8 gain for the s p so far this year. Where do you think well trade from here . I think in the short run probably tread water and be in a range between 1920 and 2000 on the s p. Earnings coming in to solidify for next year. We have 130 for next year. A 16 month to that, theres fits and starts for people the use the cash. Lets just bottom line what youre saying there. ....
Turkeys central bank hiking all of its key Interest Rates. Policymakers ignoring the warning if it is Prime Minister as they battle to defend the overnight lending rates. That was a much sharmer move thats economists have been forecasting. Also the imfs top financial counselor says the recent volatility in World Markets is due to problems in particular world countries and is not linked to the feds decision to start tapering. The imf officials argue that the fed is acting prudently. And speaking of the u. S. Central bank, fed is wrapping up its twoday meeting this afternoon. This as Ben Bernankes final meeting as chairman. That policy announcement is due at 2 00 p. M. Eastern time. Will they or wont they taper the taper . That is the question today. The u. S. Equity fu ....
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