We anticipate paying out the load this year than last year. But with all of that said i think the core of the business remains strong. Hopes are raised of finding the black box recorder as recovery teams locate the planes tail under water. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the show. Lots of data coming out of europe today. The latest that has just broken is italys jobless rate which for november has hit 13. 4 . That picks up from 13. 2 in october. This is the november reading that were getting. Its had highest rate since the data series began back in 1977. So the fundamental weakness in the labor market in italy is certainly still an issue. As you can see the euro is roughly at concession middle point for the day. Its at 1. 1868. Down 0. 2 on the day. Thats iraqiing more in the last five or ten minutes to some of the german data weve had. And lets recap those german jobless numbers. German december adjusted jobless
On planes trains and truckers . Its cold, baby its cold and getting colder. Snow hitting east and midwest today. We have the forecast and we have sue standing by out from the elements at the new york stock exchange. Hi, lets take a look at the ten year note. Everybody is talking about that right now. It dipped below the 2 mark. Right now we are trading at 1. 937 in terms of the yield. Lowest we have seen obviously in the new year and actually in the ten year since october. We have Bertha Coombs at the nasdaq. Russell and nasdaq getting hammered today. Bob pisani is here with me at the new york stock exchange. We were down about 180 points or so. We have come back a tiny bit but the market is under a lot of pressure today. The three lows the low euro low bond yields and low oil all weighing on things. I want to show you major indexes right now. Tyler is right. Good time to hit on transports. They are getting hit. Russell 2000 small caps weak. Under performing the s p 500. I want to show