Indicated up by almost 15 points the nasdaq is down about 2 for september despite the gains weve seen in some other areas, especially with the dow. Looking at what happened overnight in asia, the nikkei ended flat hang seng up by a quarter percentage point the shanghai down slightly look at the early trading as we watch things in europe green arrows across the board there. Some of the biggest gains coming in france with the cac up by 0. 6 stocks also higher in italy and spain by even more than that look at treasury yields, you will see treasuries for the tenyear around the highest levels since may 3. 072 trying hard every day to get to a grand total of 3. 1. The nasdaq was doing so much better than the others its up like 55 or something from the election. The s p was hitting a series of new highs much the dow may hit a new high are you going to do anything today . Youre here. You are going to read the teleprompter a long way to go. Youre here we might as well use you im at your service
New phrase Worldwide Exchange is getting all fired up fworningood morning im Brian Sullivan thanks for joining us. Once again, look at that futures indicating a higher open for the markets and your money the dow is now up nearly 2 this month. Remember history september historically the worst month of the year for stocks all of that with the dow up 25 despite a continued push liar by oil. Crude continues to creep up. 71. 50, supplies being drawn down thats one of your bigger movers today. First jamie dimon sitting down for an exclusive interview with cnbc overnight in india he was talking everything from trade tension with china to the big rout in emerging markets leslie picker is breaking down all the dimon headlines. Dont call it a trade war dont do it. Thats the big headline from the jpmorgan chief heres what he said overnight. Its not a trade war. Its a trade skirmish. The american government, our president , is right to raise issues about china we would like to see a nafta deal don
institutions. the crisis led to greatly expanded fed emergency liquid support t. became the lender of first resort instead of the last resort. the congress passed the dodd-frank act to extend the federal government s post tarp control over the system t. ga. it gave regulators extensive new powers over the defense system. the slow recovery triggered fed qe stimulus which created massive bank reserves which required new fed operating procedures. so this morning we re going to discuss all these changes with a panel of experts. and instead of me introducing a panel of experts, i m going to introduce our moderator of the panel. alex j. pollack is a distinguished senior fellow oh art street institute. alex was previous lly a residen fellow at aei and at the home loan bank of chicago. alex is a recognized authority on financial policy issues including financial cycles, government sponsored enterprises, housing finance, banking, central banking, uncertainty and risk, retirement finan
experts who we ll introduce you to in a minute. but before that, let me just set the stage here. as you all know, the financial crisis changed the banking system. the resolutions that happened in the crisis integrated commercial and investment banking like never before. these resolutions created today s too big to fail institutions. the crisis led to greatly expanded fed emergency liquidity support. the fed became the lender of first resort instead of the lender of last resort. t.a.r.p. temporarily nationalized the banking system, and the congress passed the dodd/frank act to extend post t.a.r.p. control over the system. it gave regulators extensive new powers and responsibilities over the financial system. deposit insurance limits increase by a factor of two-and-a-half, and the slow recovery triggered fed qe stimulus, which created massive bank reserves, which required new fed operating procedures. so this morning, we re going to discuss all these changes with a panel of exp
The financial services industry is no stranger to artificial intelligence - leading the sector's U.S. regulator to pose questions such as whether institutions can