European markets following through to a certain extent largely in the green. Spain is the outlier there. Election. A little more election. 2. 18 for the tenyear yield. I hear that r word, but everybody says well hit below 2 again. If youre in other parts of the country youre talking r. Were talking recession. But we could be talking road map. Ours starts with star wars. And a rare look inside apples operations, and what ceo tim cook is calling political crap. And mark Martin Shkreli spe out after his arrest. The latest after that ongoing drama. Quite a sigh there. People may have been seeing on friday. Stocks set to open higher. Both the dow and the s p finished the last week below the 50 and 200day moving averages. Oil is a major factor. Brent crude has fallen to an 11year low. You know, when it comes to oil, jim, very simply it is a collapse in a central part of the world economy. Thats the way you have to think about it. I think we have to recognize there was a belief that oil would
Biggest ever. Data was accessed on 76 million households and a 7 million small businesses. Hong kong prodemocracy demonstrators under attack at two protest sites. Hundreds of men tussled with protesters and removed barricades. That is a live shot of what is going on. Leaders say they will cancel planned talks with the they. T unless this has not been seen in hong kong. President obama puts the spotlight on jobs. He is set to meet with steelworkers following his speech in chicago, where he called attention to the economic recovery in the u. S. , especially in manufacturing. Manufacturing has added more than 700,000 new jobs. It is growing twice as fast as the rest of the economy. They are looking at bringing jobs back from china. What will the report tell us about the economy . Fromng us is our reporter bloomberg news. Peter coy. Ring in he is the Bloomberg Economics at it economics editor. You say a fall in the jobless rate could be bad news. It could be. A it happens because there is
Disney. U. S. G to expand in the over in hong kong, Police Used Tear Gas and pepper spray on demonstrators. Protesters angry over jenna but his plan for the hong kong 2017 leadership election all coming to a head now. Report that pimco for 10 billion in assets. More on the fallout of pimco, Erik Schatzkern with an interesting take on what bill grosss departure means. First, mary, tell us about the 10 million. That is relatively small compared to what they manage. That is true. The 10 billion is really a drop in the bucket. People are very nervous or there is a report that there is maybe 30 of their assets. A major threat for them. Meetings onse big friday. They deployed all of their investors trying to control of all out and saying, it has it is the same it is oh is been. This will be seamless. Everyone loves stan dan and thinks he is a great investor. It was learned bill gross was leaving. This all goes to your point about how difficult it is when firms become closely identified with
Doctors are headed to texas, looking for anyone who might have come into contact with with the first person diagnosed with ebola in the u. S. Prodemocracy protesters jeered leaders. The tests are the protests are in their 60 day demanding free elections. Mary barraors ceo will lay out her strategy with Investment Investors and analysts. Gm has been hampered by record recalls so far this year. Industry, the auto chrysler numbers are out for the month of september. Scarlet fu has more on the sales, up about 19 . Up about 19 . An consensus was for increase of 16 , so this is a better than estimated increase for chrysler. Previous to this announcement, analysts had been looking for General Motors to post the highest increase, 18 . Ford is expected to show a 2. 4 drop. Were still waiting for gm and ford numbers. Reiterate, chrysler reporting u. S. Auto sales for the month of september coming in with an increase of 19 , higher than what analysts had been looking for. We will be waiting for t
Alltime closing high. Plus, its cybervandalism, not an act of war, president obama downplaying his comments on that sony hack. Well show you the reaction from the ceo of Sony Pictures. And shares of abbvie getting a big boost in the premarket after the latest salvo in a drug pricing battle. Well explain all of the twists and turns. A holidayshortened week on wall street, stocks in the midst of a threesession winning streak. S p with half percent of its alltime intraday high. Yesterday the Saudi Oil Minister said opec will not cut output, regardless how low prices may fall. He blamed nonopec producers for the slide in crude. Doug saying, yeah, well fee it in some ways but called it a giant economic stimulus. Last week we began to see industrials that reported okay numbers, not great numbers. Percolating. And it was almost as if people are beginning to realizing that Lower Oil Prices provided a stop provided that they stop plummeting provided that they slow down. The tax of opec too high