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Yesterday you saw the nikkei ended that 16 session winning streak this morning stocks are closed higher the nikkei was up by 32 points to 21,739. Hang seng down by a third. The shanghai was up by a third of a percentage point. The early trading in europe, things are in the green across the board. Gains for germany, france and london up by a third stocks in italy and spain also higher treasury yields, check this out, yields at 2. 43 . Crude oil prices which have been above 50 comfortably for quite some time are now up about 8 cents. 52. 26. Here are the big stories were watching new comments out this morning from the saudi crown prince. He says the aramco ipo will take place next year and valuation of the company could top 2 trillion the crown prince said saudi arabia is working with all Oil Producers to rebalance the global oil market. On the wall street agenda, weekly jobless claims out at 8 30 a. M. Eastern, followed by september ....
Unilaterally. More bad news for struggling noble. Bankruptcy may be the only way forward. Good morning. This is daybreak asia. I am betty liu in new york where it is just after 7 00 p. M. It is just after 7 00 a. M. In hong kong. I am yvonne man. Misslk about mrs. Today es today in earnings. South korea coming in negative at 3 drawdown or the month of june. The estimate was for quite a sizable uptick at 1. 1 . Also not looking great. We are seeing it down. 2 . Economists were expecting a 1. 6 spread. We did talk about gdp yesterday, which did slow down from the spread we have seen in the First Quarter. We will continue to watch how this ways out in korea in just about an hours time when they inct plays out in korea just about an hours time when they react. Tech has a lot to the downside. Day loucheave had a of earnings. We are going to amazon in a moment. Eluge of earnings. We are going to amazon and a moment. We will have retail s ....
Thats the highest since june. Road map begins with twitter shares in the green after the Company Plans to cut 9 of its Global Workforce, better than expected results in the Third Quarter. Plus, qualcomms buying nxp, its the Largest Semiconductor deal in history. Steve mollenkopf will join us late ner a cnbc exclusive. And tesla shares moving higher after reporting a surprise profit setting a new record for quarterly revenue. But first up, twitter announcing plans to cut 9 of Global Workforce as part of restructuring. The company also posting better than expected Third Quarter results, monthly active users up 4 million from the previous quarter. Mob ....
Peretz. More data coming out. Lets go to julie hyman. Read onhe final Consumer Confidence from the university of michigans index. 90. 3. L from this is the final rating. The more important Economic Data point was gdp for last quarter expanding at 1. 2 , less than projected. That affecting markets are early in the day. It seems like investors are focusing on individual companies. Nd earning reports the nasdaq touching its highest rating level on an intraday basis that we have seen before falling back. The losers putting pressure on stocks, exxon mobil coming out with earnings missing estimates. Efining margins plunged 30 chevron falling after its third consecutive loss. Cigna cutting the Second Quarter earnings, well short of estimates. Theyre saying losses and a weakness in particular in the disability business. Disa ....
41 puts it in a socalled bear market. Alphabet shares on the rise. Energy giants on the move this morning after earnings, this, as oil sinks further into bear market territory. And, man, those exxon numbers werent good. And the dnc wraps up. Economic growth coming in well below consensus. 1. Versus 2. 6 expected. Gdp in europe disappointing overnight. S p and dow up a little bit. The best month since march but the first down week in five, perhaps. You had to go through a gauntlet. Apple. Facebook. Alphabet. And, amazon. And, i gotta tell you, 4 for 4 is pretty impressive. You see the nasdaq holding in there. Playing catchup. I didnt think we would go through the gauntlet unscathed. I felt one of them would screw up. I think the worst one was amazon and that was pretty great. It was not as huge an upside. And i have to tell you, their Conference Call has gone back to this opaque nature i cant stand. You know why the quarter was go ....