let s get down to business and tell you what s going on this morning. u.s. equity futures right now. you re looking at a morning with red arrows. dow jones would have opened about 46 points down. nasdaq off 49 points off and s&p 500 off about 6 points. but as you would say joe so goes apple so goes the dow. and the nasdaq which has been doing better recently and then yesterday anyone cares to be watching says the dow is getting crushed down 200. if you added it up it was like 140 at one point during the day. the vast majority of the decline. right. which made me think that maybe the dow wasn t doing so badly, the other 29 stocks. but then after the bell i don t know how microsoft will be received but apple has a long list i have written down every single person that told me that i never will have ever anything to worry about. that $49 billion in revenue is the birth right of apple. you know what they say about history, it doesn t repeat but it rhymes and i ve seen a
this morning. 1000 thiss off morning but recovered to a loss of only 100 points at midday only to fall again into the close as margin calls forced traders to sell stocks. take a look at the close of gold and oil as well. oil has really bring the big story. you can see it bouncing around. $38.26 per barrel. following, falling, $42.69 per barrel. that s a huge drop in that is currently closed for trading. gold futures, curiously unchanged or little changed. 1154.60. you would think investors fleeing first they ve are havens would look to gold. that did not happen. you would think they would look to the dollar as well. that certainly did not happen. i think one of the most interesting stories of the day was the weakness in the dollar. the dollar index was down at one point 2.5%. the biggest drop since march 2009. $1.15 for the euro. morning asg dip this many people were looking for liquidity and more likely, people expect the fed not to raise rates in september. let s get more
ten year steady, just south of 22, industrial production 15 minutes away we begin with wall street s record run stock futures mixed ahead of the open. terror in london, 22 injured in an explosion on a london subway train during the rush hour commute and facebook advertising under scrutiny the social network revamping the self-service ad byi inbuying pl. first up, the dow is aiming for another record high, a sixth straight positive session. the market s resiliency tested today. retail sales fell unexpectedly in august by .2, dragged down by autos. they couldn t isolate the effect of harvey on retailers then news of north korea firing that missile over japan for the second time into the ocean there will be security council meeting today. but on retail sales, interesting, nonstore, which is essentially amazon, down 11, the worst month since april of 14. that s so out of whack with everything you hear. lately the numbers i think have lost some degree of their validity i th
assurances it will not suggest to firms breaking out research costs. this is a mifid story. we will talk to mark cudmore about the story shortly. the bridgewater associates founder discloses a $300 million bet against the oil and gas .iant we will speak to them tonight. ofio is down on a bunch companies. we will figure out that story. than half hourss away from the start of cash trading. take a look at equity index futures. you will see not a lot of movement that positive on the ftse and the pound goes down, negative on the euro stocks eurostoxx 50 index. take a look at bunds. 36 handle on bund yields. looking at a 36 handle. if i click here on the one-month you can see that we were much higher over the past month, hovering around 45, 46 the entire time and we have seen bunds.eal movement in bimd yields have come down as investors that for safety. you take a look at the fund managers survey and the indication there is must fund managers believe the yields will climb, not fa
also coming up, more protests across the streets of barcelona after two leaders of the catalonian separatist movement were jailed. thanks for joining us. we start with china, where the biggest political gathering, the communist party conference, kicked off this wednesday. the event, which takes place every five years, determines who will be chosen to lead the party and the country. addressing 2003 hundred 40 delegates assembled in the great hall, president xi jinping laid out a roadmap to turn china into a leading global power by 2050. let s cross over to our reporter for more on this. present xi jinping spoke for three hours and 23 minutes. what stood outut for you? [noise] facing congress, he laid out his vision for china for the next five years, but also the three decades down the road. things stand out thehe prededominance of party leadersp is one. the party will lead chchina inse and d outside its s bords. itit will be present at every sisingle layer of society. the se