At 4,994, close to 5,000 obviously. At 1,249 is where you find the russell. Bob pisani is at the New York Stock Exchange. Janet yellen is giving her prepared speech in cleveland. Have we seen any kind of reaction in the stock or bond markets . It didnt have to be because the whole world gapped up at the open. I would say modest reaction but no big surprises in her commentary. Important thing is what happened overnight. Were 51 almost advancing to declining stocks. Its been that way almost the whole morning. Tech materials, consumer staples, financials, all the riskon group here everything is up 1 because the whole world went up 1 . The s p 500, we gapped up 20 points at the open. Thats really rare folks. Thats 1 right at the open. That was on greece. We surged overnight when the details on the greece talks came out and they were offering concessions, at least from the greek side. It even happened more strongly in germany. We had a 2 gap up in germany. You can see the Straight Line ther
Stifle from the strength of swiss franc. And the reverse takeover in the British Assets in a 1. 3 billion pound deal. Good morning, everyone. Another episode of Worldwide Exchange. Good morning to you, seema . Yeah very good how about you . A lot happening in the gold market overnight. Absolutely. Lets get to the stop story. The price of gold has slump tide fiveyear low. The precious metal was trading as much as 4 lower after the asian markets posted. That mood with randall resources hit the hardest. Spot gold currently off at 1. 6 . And s p down 10 . Northern star down by 0. 2 . And the chinese selling and triggering stop loss orders. 1 million being traded on that very exchange. Thats after the government said on friday that the gold reserves were up 57 from six years ago, abdomen that was a lot less than people had had anticipated. A lot of factors seem to be weighing on the price of gold right now. You also have the fed indicating that they will raise rates sometime this year in th
He has been conducting History Research since the 70s. The coauthor of 10 books. [applause] wenger as i said before it is an extra very honor to be here. To present at the Navy Memorial. Naval history means an awful lot to me. Coauthor robert cressman. The dictionary of American Fighting ships. He is been my mentor over a. Of many years. We love each other deeply. Historylove of naval runs deep. From exodus, put off thy shoes from off thy feet for the place. Here you stand is holy ground during the centennial celebration of the american my family traveled to many battlefield sites in virginia. Ultimately to gettysburg. Holy ground is in our midst. Consecrated by the blood of freedom loving americans. I was captivated by the tropical a lower of the islands in hawaii. I think of pearl harbor and the island of hawaii as a battlefield just as surely as the ground at yorktown or gettysburg. One battle site on one who lies theiles from the site of attack on pearl harbor. The location is an a
Thats coming up in the 8 00 a. M. Hour. Busy calendar today. We have a lot coming out. Personal income spending, new home sales, Consumer Sentiments, all coming out next week, likely to set the markets, looking for a higher opening. Dow average 35 points, nasdaq and s p 500 also in positive territory. Take a look at the action overseas, in europe major averages are higher, Energy Prices recovering a bit. Cac also higher by more than a half percent. In asia stocks mixed overnight. Take a look. Mix and kospi highers and the others in negative. The stock to watch is nike, shares hit an alltime high after the Company Reported strong profit and Revenue Growth. The stock st expected to open up this morning. Millions of americans hitting the road and the skies for the Christmas Holiday, travelers should not have to worry about snow, thats for sure. Rain and fog could cause delays to travelers today but big story in weather is the unseasonably warm weather hitting retailers as well. The specia
Combined fines could top 5 billion. U. K. Retail in a rut. Shares slip as a sharp outlook overshadows better than expected earnings. Marks and spencer also in the red as the Share Buy Back fails to impress. Good morning and welcome to Worldwide Exchange. Lets have a quick peak of where your dollar is trading. The big news obviously that came yesterday but today germanys ppi down 1. 5 on the year. Thats a weaker number than expected. I wonder if were looking at the Euro Dollar Exchange rate right now, 11114. How vulnerable is the euro dollar to raise in yields again. What if we see the bond yields right now. Currently 60 basis points. Does the ecb come in and use verbal intervention. Absolutely. Very interesting point that the euro dollar moved like an equity over the last six months. We saw it correct. We saw it come back away from 104, 105 handle and it it is moving really off the back of the ecb comments that you just mentioned yesterday. Interesting to also point the german bund. Fo