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A very warm welcome to Worldwide Exchange, im wilfred profit. Along with susan lee sitting in for sara eisen. Good morning. Lets get straight to the markets. Futures why not a decent end to the week. A very strong rally friday as people digested that ecb decision and decided it was positive risk assets. Today, theyre looking at profit taking. The dow by four points, s p by about 5. Nasdaq by 10. Following strong gains on friday, not too much of a correction expected today. A quick look at the tenyear note, interestingly, back close to 2 for the treasury, highlighting that riskon sentiment that weve seen in the last couple of weeks. Good monday morning, lets get to this mornings top stories. The bank of japan beginning its twoday meeting today. A federal decision on wednesday Central Banks in england and switzerland will also meet this week. Other global news, an attack in ....
Like i always say, its all about the currency move. Euro doing a massive turnaround after ecb said he did not anticipate cutting rates further. What was that all about . Well dig deeper into this move that seemed to drive the Market Action across asset classes. This is just the first of Many Central Bank decisions over the next couple of weeks. We have the fed next week. Bank of japan will be heard from as well. Brain drain at twitter, what steps they are taking to retail talent and discuss whether this is an issue for other companies. Donald trump sounding off on free trade, saying we need smart trade. Weve got a debate whether the u. S. Trade agreements are doing more harm than good for the economy. We start with this move lower for stocks. Bob pisani has details. We were talking about this earlier, the question is, did mario draghi make a communication error or not say i ....
Can you tell us about the gas shut off . Because safety is our top priority, we were looking at the situation moment by moment and as the sinkhole continued to grow we decided it was hazardous. We needed to get back out and shut it off. We used our valve system to shut off seven valves. That impacts 2,500 customers. Their gas has been impacted. We are going to be working through the night and through the day to make sure we restore service safely and as quickly as possible. People will miss the hot shower. Can you give always rough estimate . It is a work in progress, i know, of when the street is reopened and when people get their gas back . The street will depend on the sinkhole. That is something the town of moraga will have impacted. As forgetting service back we are bringing in 100 gas service representatives. These folks will go doortodoor and turn on gas. We will work through the night, through the day making sure that we do all of to safely and quickly as possible and have folk ....
So, were done with the rain for now, you see that next system back to the west of us that is heading in our direction, potential for strong thunderstorms late this afternoon and this evening, talk about that in the seven day planner in a couple minutes. Look for High Temperature close to 80. Youre never more than seven minutes away from weather and traffic on wbtv news this morning. Here is chris. Chris first traffic sponsored by toyota of north charlotte. Start monday morning, i77 west boulevard, no problems here, volume of traffic running along smoothly. Making your way in and out of center city on 77 and 85, coming up from rock hill, 21 minutes, 65 miles an hour. Concord to center city, 18 minute commute, lake norman southbound, 16 minutes, 64milesperhour. Mapping system yeah, you can see it, most of the major interstates still running in the green this morning, a few slow downs, over on providence road outbound toward fairvi ....