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chipotle gopro. those numbers over the next hours and bringing you them after 4:00. it just doesn t get better than that. plus time to sell tesla maybe? a bold call from a ubs analyst downgrading that stock to sell today. the man who made that call coming up. it has been five years since the dodd frank financial reform bill signed into law. barney frank will join us to discuss all the criticism the law has received including from members of his own party. enjoy having barney on the show. first we start with this move in the broader market today. there is the dow down 214 points. it s getting hit the hardest. united technologies down more than 7% downgrading its own outlook for the year. that bad earnings report from ibm last night has been down 5% 6% today. that is accounting more than half that decline. s&p pulling back. the nasdaq down today so right now no all-time high. s&p earlier was three points away from a record. we ve come about a half percentage point ....
restrictions, making the market more isolated? do they want us to exempt investors risking more capital flight? we re seeing the majority of the markets moving through there. let s have a look at some of the stocks that are moving today. earnings big on investors minds at the moment. credit suisse, second-quarter net income beat estimates, even though it s of investment that is rallying this morning. unilever, second-quarter sales growth beat estimates there on better-than-expected gains in latin america. finally syngenta profits beat estimates. strengthening the case for it to reject that take over. strategists pretty bullish on european earnings for a number of reasons. lower energy prices for one. of course, because of a weaker euro. let s take a look at that. trading pretty flat against the dollar at the moment. it has been resilient during the whole greek crisis. don t rest on your laurels because a number of people say that may not last. comments saying the ongo ....
gas dime was profits of 64% daimler s profits of 64%. live from europe s headquarters in london. i am manus cranny. smash estimates reporting it welcomed the news for the bank which saw a lot of 700 million francs. francine lacqua is on location today. she is out and about, catching up with the new ceo tidjane thiam. what is the news? francine: we try to quiz him. we have to remember these are not his results. he is only been on the job for 20 days. once it these figures will lay out the strategy on which he will overhaul the bank. that strategy will be revealed by the end of the year. the key to this is the new strategy should be release some of pressures from second-quarter results. tidjane: performance of private bank is a strong. driven by asia-pacific which we have a strong interest in. they were very pleased with the way things were developing. profits were up 150% in the second quarter. [indiscernible] 54 billion. 4.2% of asset management. very strong quarter ....
we are at one dollar .099 1.099 dollar. there are your numbers. manufacturing in france falling. as a price contraction. euro off by 1%. today is all about commodities. copper lower. goldman sachs says it has further to go. oil, a little bit of a rebound. we are seeing it continue to decline, up by 4.2%. let s get back to how the you how the euro is responding. continually lower, contraction for pmi is a surprise. let s take on some of the equities. we did get a number of earnings. terrible profit numbers. we expecting jump in air france and anglo american. 4% on error finance on air france. better than anticipated. they re having to reduce their cost, because they have been hit so hard. desperate to take on the discounters in the area. desperate to take on the likes of the long-haul emirates and the likes. how did a tackle it? they like the fact that there would be trying for more cost cuts. anglo american, up by 30%. we re seeing the dividend cap where it was. ....
1097. down by pretty flat on the day, but down significantly today which has had a big impact on those gold players particularly a lot of the mining stocks around the region. we ve got oil and gas in china down around 2.5%. the shanghai composite is down 1.4% at the moment. the hang seng index down by more than 2%. japan went on lunch break down by 0.75%. around the rest of the region quite a lot of selling. have a quick look at some of the movers we are watching today. significant weakness coming through this morning in some of the hong kong stocks. gomei electrical down. analysts thinking it paid too much. hong kong exchanges having its biggest fall since july 8. still some weakness coming through from casino stocks. sans china down 3.3%. a lot more weakness coming through in asia. commodity prices really starting to impact the nation. rishaad: getting a closer look at what is going on with commodities you ve been looking at you ve been visiting china. you ve been l ....