Welcome to countdown. Its 6 00 in london. Another day, another story out of china lets start with the chinese equity markets. This is a picture of the shanghai composition, your today. Shanghai compensate, your ear to date. What have we lost so far on this Chinese Market . We have lost 3. 9 trillion worth of value in less than a month. Such is the level of trading halts we are seeing on the Chinese Market. The latest government headline is being described as an act of desperation. Lets talk about the u. S. Equity markets a number of issues. We saw the u. S. Equity markets fully open for the last hour of trading. The nyse suffered a threehour trading hold because of the software update. Other trading was open all the way through the afternoon session. Still, amazing developments we will come back to that. The fact that we saw the fed concerned about greece in china, that weighed on stocks. Lets talk a little bit about what happened in the Asian Session today. Chinas stocks are up and tr
Fueled a huge rally in financials much earlier, but sectors been underperforming since being in office. Do you doubt the banks Going Forward . Its been a rough week for oil prices, and goldman cults the outlook for crude. Where do go from here and which names you buy and sell in the energy space. Closing Bell Exchange on a tuesday, shall we . Joining us here to kick it off, greg from hightower, managing director there, keith from post nine, and Rick Santelli at the cme for us as well. I want to start with choppy action in the markets today after significant close to the s p 500. Is it are we just digesting that move . Well, we are digesting that move, and, frankly, i dont see anything thats a real catalyst to break the market out to the upside or really bring it down in any kind of correction mode at this point in time where what weve been seeing the last several sessions is the market flat lined, moved sideways, and the russell has been between 137080 since february, since the middle
Multiple countries with presumed jurisdiction in how this is all handled. Not only the recovery of that wreckage, but getting to the bottom of what made it wreckage. Connell mcshane now with the very latest. Reporter well, it would appear, neil, the egyptians are taking the lead, but you can never be too sure because there are a lot of countries involved. What we know so far or what were being told, yes, wreckage found. Two seats, we were told earlier, from the plane were spotted in the mediterranean, and within the last hour egyptian authorities have confirmed that human remains, they say, have also been found. But theres still a lot that is not be known about all this, how this plane just vanished from the sky, how it did that or even why it did that. No confirmation by any means that this is a terrorist attack. Theres no credible claim of responsibility that we know of. Now, we look at a map of this search area, you get an idea of why so many countries are involved. The french, the
Limited gas exploration. Headline, modest Economic Activity in the 12 districts. Trish there you go. Modest activity, in the economy probably not enough for janet yellen to feel to move rates on december 15th. We have the dow off 70 points right now. Also breaking this hour, everyone, russia taking aim at turkey, claiming it has hard proof that the turkish president and his family are involved in the massive Oil Smuggling ring led by isis. According to russia, turkey is the main consumer of isis oil. Youre looking at some images there, new images coming in to us from russias defense department, i believe you are, shortly. Do we have images to show the viewers . Basically these images that have come from the department of defense there in russia, show photos of oil trucks and videos of airstrikes on isis Oil Facilities as well as maps detailing the flow of smuggled oil right across the syrianturkish border. The Defense Ministry in russia is saying, and i quote, today we are presenting o
Street, and i heard footsteps behind me. I knew it was the guy with the gun. I honestly thought i was going to get shot in the back. I really did. Reporter she survived, but prosecutors say another of the suspects alleged victims wasnt so lucky. [ bleep ] 20yearold marquise holloway was charged in court yesterday for a slew of crimes including the killing of muralist antonio ramos. Now Oakland Police confirm the gun holloway used was stolen from an immigration and customs agent who left the Service Weapon in a parked car in San Francisco in midseptember. I think its pretty shameful. I think its pretty pathetic. Reporter tenes is outraged a Law Enforcement officers gun ended up in the wrong hands. Shes greateful the stolen weapn wasnt used to take her life. I think its horrible to say that a criminal use add Police Officers gun. Its absolutely horrible. Reporter tenes says she is still haunted by what happened to her. She says her heart goes out to the family of the muralist who was kil