if you break down the markets, they are having a rough ride. matt, when you look at the u.s. dollar strengthening and oil prices plunging, it seems the only possible catalyst is opec, the ecb, and the fed working together. the block. matt: the looks like the market is trying to spank this out of those groups you just mentioned. -40 on s&p futures. -3.36 on dow futures. japan closed hong kong was down big. in europe, we saw bigger moves. 40 in paris, down 4%. the dax down almost 3%. at one point it was almost down 4%. look at eu banks. you knew we had to watch stocks jen earnings. even though earnings grew, they missed estimates. that has been a big concern. european banks have been a concern after deutsche bank. socgen down. hsbc is down four and a half percent. interesting story we will get to about the capitulation of hsbc to investment bankers. freezee saying we will pay raises, then two weeks later say that is not a good idea. they will continue with plan to pay raises.
to use a private e-mail and said yesterday she broke no laws. the e-mail she has turned over after screened for sensitive information. the upper hand against islamic state history mrs.. they captured account a town and militia men are now gearing up to retake it itself. the cia reportedly played a key role helping the justice department is part of our lives between cia and domestic law-enforcement. it uses an airborne device that could locate specific cell phones. the dollar hit a 12 year high against the euro. up 22% against the currency here that will eventually make things cheaper. a factor in yesterday s steep decline in the u.s. stock market. and a billionaire investor has work for the fed. jeff predicts the central bank will have to reverse course if it raises interest rates this year. the cofounder says the federal reserve is intense on being a blockade and is worried the fed will repeat mistakes. in pro football, one of the biggest checks is going to a defensive bac
atlanta fed president dennis lockhart said it s possible, it s on the table, that they could begin the tapering process as early as december meeting. that s earlier than the market anticipated but we ll talk about that in a little bit coming up here. i wonder if that puts on question their decision not to taper in september. we haven t had that much great that date. we re talking about one month. lots to talk about in terms of the fed and what the implications would be there. we also have a very special first on cnbc interview coming up. chairman and ceo of enter continental exchange, better known as i.c.e., jeff sprecher. he made comments about the markets being stacked against the small investor. we ll talk about that as well as the closing of the nyc deal. what happened to the floor? let s to talk about coming up. on the floor here at the new york stock exchange. also, a fascinating investigation on ceos. this is an academic paper but it turns out, according to their r
this committee and others in front of the men and women that they command, in front of the american people to express the grave concerns they have about sequestration and what it could do to our military, our military readiness and everything we do through our military. i heard members of congress on both sides of the aisle and on both ends of the capitol express grave concerns about the impacts of sequestration, about what could happen. i ve heard my own constituents, people from throughout utah, many whom are currently serving or have served in the military express similar concerns. it s an interesting conversation. it s sad we have to be having this conversation since sequestration was something put into law at a time when nobody believed it would ever happen. it was supposed to be so bad that we would do anything and everything possible in order to avoid it, yet it has arrived. my first question, which i ll leave open to any of you who might want to answer it, i d like to
thousand jobs in august, the smallest gain in years. this could mean the fed waits before tightening policy. over $700 billion of fixed income from blackrock. he is here to share his views. people saw an immediate reaction. except for the headline, everything else was pretty good. themployment rate dashboard improved. we saw hours worked unchanged. long-term unemployment went down and the number of people working part-time. federal several prominent researchers said that a secular because so many people are retiring from the labor force. that is not the position janet yellen has taken. within the fed there is a growing recognition that that is the case and we are not going to see a big rise big rise. are people going to come back into the labor force? what you make of all this? take a caveat and say there are things that are really good. every single piece of economic data has been positive. adp was really good. i sm. if there is something worth thinking about. to 1