One point two percent including eighty seven percent of the stocks that make up the europe six hundred closing in positive territory plus other stocks stock exchanges in germany france and the u. K. Each rose by more than one percent. Just a little over a week ago markets were shaken to their core the Dow Jones Industrial average lost more than fifteen hundred points in just a single day why u. S. Investors felt the burn what was going on overseas in europe and asian markets well here to give us some more insight as hilary for the founder of mark henry thank you for being with us again were really pleased to have you whats going on in the rest of the world as we were in the middle of this market meltdown well great to be back on go i think there were actually waves of while the rest of the world tends to follow the u. S. And i would say that you know volatility bring volatility and thats what we feel now what did asia seems to recover is reported and that headlines and europe was on a
Good morning welcome to Worldwide Exchange on cnbc. Im dominic chu. Im seema mody in for wilfred frost and sara today this morning we are seeing some red after a big green day yesterday. You can see for right now we have an implied open on the dow of down just about 180 points. The s p indicated to open down by 16 and the nasdaq down by 29, 30 points. A nice 410point gain for the dow yesterday maybe sets things up for a breather today. Well see if that selling pressure holds steady or gets exacerbated. The tenyear note yield, a bit of a bid to treasury bonds, so yields are lower this time yesterday we watched and saw the tenyear treasury note yield around 2. 88, almost 2. 89 . You can see now 2. 83 is where we stand on that u. S. Tenyear treasury note. Lets look at stocks in asia overnight. Asian stocks closing higher with the exception of japan, which closed lower by 0. 7 thats due in part to the rising yen. You can see a strong move for the shanghai composite the kospi higher by 0. 4
Course, after a nice move yesterday, up moving along this market if you are happy about it european market, you asked and we answered. Spain and italy which we like to look at it as well one of the foreign markets the only good over night was the opening. I am not kidding. The olympics were good. 10yr note yield is the focus, 2. 84. More than we were yesterday. Tomorrow is the key question. Look at oil though you know stories today, well be the largest producer, bigger than saudi and russia. It is true. 10 Million Barrels a day and there is no place to put the stuff. There is not i know. The government relyinquishreg it is hard to have a lot of inflation and oil is considered one off. Thats ridiculous. It is important of the whole foods chain of every aspect. What people have been saying is expensive. I appreciate that now, i need to get to our road map. Wild ride market if you take what the futures are telling us in the early going here under armour sales the shares are doing somethin
Mean theyre like you know perpetual College Students who are going from one exam to another now let me also get me d. Types that are actually stop or no no no no you dont theyre going to the city that never sleeps wall street well you know i mean its an industry in a market that never sleeps youre absolutely right now you mentioned asia we talked about asia a little bit whats whats the big markets over there the hang seng the chuang high composite. You know how are those markets doing well china is always far more speculative than we are in fact somebody actually said to me once he said he was over in china and he said you know its like an organized capitalism over there theyre far more actually entrepreneurial and very speculative theyve actually taken out of lot of loans dont forget theyre buying on debt take out the stock market so they will have obviously great swings that europe will and what about the nikkei that japan the nikkei average about the same thing but not to the same e
That reduction in greenhouse pollution would have the same effect as taking nine hundred fifty thousand cars off the road methane is twenty five times more powerful than Carbon Dioxide as a Greenhouse Gas and about a third of all u. S. Methane emissions are caused by oil and gas operations interior first two attempts to repeal face continued Court Challenges the latest attempt will be subject to a sixty day Comment Period after publication in what is called the federal register where we can all read about it. And stock markets in asia rallied today as some sense of stability returned after last weeks market meltdown while tokyo hong kong and shanghai led a strong advance across asia investors continued to be anxious especially head of key u. S. Inflation data to be released wednesday some of the some of those concerned that such data could spark further volatile market moves almost anything could european stocks have seen a robust recovery also following the worst week in two years bri