Thursday, july 17th. Good evening, everyone and welcome. Political risks hammered stocks leading to a triple digit loss on the dow jones average and s p 500s worst decline since april. It began late morning withews a malaysia jet from amsterdam crashed over Eastern Ukraine. All 295 on board were killed. Immediately speculation arousal that the plane flying close to the russian boarder in an area controlled by separatists were brought down by a miss l. The stock picked up steam when the israeli Prime Minister instructed the ground attacks supported by tanks, artillery and naval guns. The dow fell 161 dropping below 17,000. Nasdaq all 6 2 to 4363 and s p 500 down 23 off 1. 2 . Safety seekers poured into treasuries sending Prices Higher and yields lower. Gold gained more than 1 , even the price of wheat rose because ukraine and russia are producers of the commodity. Unanswered questions about what happened to the boeing 777, what brought it out of the sky as it cruised above Eastern Ukrai
Thursday, july 17th. Good evening, everyone and welcome. Political risks hammered stocks leading to a triple digit loss on the dow jones average and s p 500s worst decline since april. It began late morning with news a malaysia jet from amsterdam crashed over Eastern Ukraine. All 295 on board were killed. Immediately speculation arousal that the plane flying close to the russian boarder in an area controlled by separatists were brought down by a miss l. The stock picked up steam when the israeli Prime Minister instructed the ground attacks supported by tanks, artillery and naval guns. The dow fell 161 dropping below 17,000. Nasdaq all 6 2 to 4363 and s p 500 down 23 off 1. 2 . Safety seekers poured into treasuries sending Prices Higher and yields lower. Gold gained more than 1 , even the price of wheat rose because ukraine and russia are producers of the commodity. Unanswered questions about what happened to the boeing 777, what brought it out of the sky as it cruised above Eastern Ukr
Welcome. Political risks hammered stocks leading to a triple digit loss on the dow jones average and s p 500s worst decline since april. It began late morning with news a malaysia jet from amsterdam crashed over Eastern Ukraine. All 295 on board were killed. Immediately speculation arousal that the plane flying close to the russian boarder in an area controlled by separatists were brought down by a miss l. The stock picked up steam when the israeli Prime Minister instructed the ground attacks supported by tanks, artillery and naval guns. The dow fell 161 dropping below 17,000. Nasdaq all 6 2 to 4363 and s p 500 down 23 off 1. 2 . Safety seekers poured into treasuries sending Prices Higher and yields lower. Gold gained more than 1 , even the price of wheat rose because ukraine and russia are producers of the commodity. Unanswered questions about what happened to the boeing 777, what brought it out of the sky as it cruised above Eastern Ukraine at 33,000 feet. Phil lebeau has been follow
Marketsen futures in the red. Fallout from the Swiss Central Bank move continues with sharp moves in the oil market. Earnings from Goldman Sachs, intel. Goldmans down 2 in premarket. Favorable and selective treatment in luxembourg. Eu lays out its case. Stocks in the midst of a fivesession losing streak. Markets continuing to absorb the surprise move by the Swiss Central Bank. Oil prices on the rise after iea slashes growth forecast for nonopec oil supply by 350,000 barrel as day, adding signs are mounting the tide will turn when it comes to price recovery. Jim, seems like currency brokers will get the lions share of the attention early on. Yeah fxcm the outfit everyones talking about, david, when i was getting made up, have you looks at fxcm i steal your thunder. Yes. You move fast in 25 minutes. When you tell me to look at something, i look at it. Downgraded to underperform. Capital raise critical for solvency. A major focus. What happened with fxcm, well get into it this hour goes o
Our road map begins with the markets taking a dive overnight. Dow off triple digits as the stock moves overseas. Disappointing data weighs on equities in the u. S. Earnings from ge honeywell and American Express have those stocks moving as well as another round of job cuts from schlumberger. Verizon announcing its breaking up the cable bundle into smaller bundles. The new tv offer weve got to explain coming up. Futures moving lower. Taking their cue from declines in europe. Here in the states Consumer Prices up 0. 2 due to Higher Energy cost. The core rate up 0. 2. Few things working against the bulls. We mentioned that crackdown on margin lending, the back and forth between greece and germany continues. Few downgrades today. Several Revenue Misses on large caps, as well. Seems to be a number of things rattling traders, including what was a glitch in the bloomberg system overnight delayed a uk bond sale. Never good news when you have a bad behind what happened in china and worries over