Veterans day as we thank those who served us in the past and continue to serve us today im becky quick along with joe kernen along with Andrew Ross Sorkin things are in the green once again. Looks like the dow is indicated up by about 181 points and if we were to open at these levels and hold it through the session, you would be looking at the dow closing at a record high it has been up six out of the last seven sessions. Up another 626 points yesterday. Dow futures are up, s p futures up by about 26 and then the nasdaq, which has been the weaker part over the last several sessions, down more 1 , actually indicated higher today as well. Up by about 130. The bond market today the is closed in ob sservance of veters day. Well talk with David Petraeus later this morning andrew thanks. And an important day in the United States of course. But there is also a holiday going on in china, very different kind of holiday, made up of a shopping a made up shopping holiday i should say called single
Lets get a check on these markets. We are waiting for shinzo abe to make the press conference this morning. Following that news we did see the dollar dropped against the japanese yen. We have pictures of shinzo abe at the podium in tokyo. He is stepping down two to Health Concerns due to Health Concerns. He is japans longest serving Prime Minister and will make these remarks this morning about why he is doing so. He is leading ahead of its term set to expire in september 2021. The Big Questions are abenomics and what it means for japans economy, quantitative easing, stimulus and structural reforms. Freaky arrows of his economic plan, many are saying the Silver Lining is the boj under kuroda will continue, and that will support the economy. He is taking the stand now. The boj plans to keep current pace in september. Lets listen to what shinzo abe has to say. We have been fighting against an invisible enemy. We tried to minimize the infection as much as possible. We tried to avoid sympto
It is the end of an era, possibly. Prime minister shinzo abe plans to resign for Health Reasons. He is expected to make an announcement imminently. Jerome powell plans to let inflation and unemployment run there if he can get them in a ship that will likely keep Interest Rates low for years. Tiktok. Battle for walmart joins microsoft making a joint bid for the apps u. S. Asset. Can they fend off oracle . Just under an hour from the start of cash trading in europe. Lets look at futures this morning, even as the nikkei 1. 4 , you know, it had been gaining, the topics and the nikkei had been in the green and both fell. European futures are holding up. We still see green arrows on ftse and dax futures. Take a look at u. S. Futures. Green arrows there as well. Even after alltime highs once again hit yesterday on the s p and the nasdaq and the shinzo abe resignation report pulls down japanese stocks, u. S. Futures holding strong. Atside of japan it remains risk on and to the week. Anna a lot
7. 44 . As you noted before the yield curve. Steepening and a rally in the financials you mentioned that june 10 was the high that was the day where the markets had their maximum enthusiasm about the strength of the recovery and how fast it would be that was the peak where the come back of value and cyclical sectors. That seems to be the dynamic and the push for which stocks were preferred and the market seven days in a row of records is not to be dismissed guys the intraday record high in this session and well have to see if this continues . Yesterdays high is around 3,500. Coming up, well talk about the abrupt halt to the sports world. We ha we have fed president s and the interim ceo of tiktok. What a story it has been and a soap opera all week long we are learning more in the details in the sale of tiktok after walmart confirmed it has teamed up with microsoft sources tell us that walmart ineshlly wanted to be the lead buyer together with what was alphabet and soft bank coo and ran
Im for welcome to the Program Police in iran have denied firing live ammunition of protesters during the 3rd day of demonstrations across the capital tehran public out because growing up to the government admitted that it did accidentally shoot down a ukrainian passenger jet last week killing 176 people on board had initially denied military involvement claiming the crash had been caused by mechanical fault protesters now accuse the government of a coverup. Shouting and chaos as onlookers helped people shot and bleeding on the streets of tehran. The video was taken near a saudi square where crowds have gathered out right at the perceived cover up after iran shot down a ukrainian passenger plane. Video shows tear gas being fired into the crowd they disperse leaving a trail of blood as they flee. In signs of increasing defiance images of irans heroes of being desecrated. Ordinary iranians speaking critically about the crash that even talking about it makes my heart beat faster and makes