1. 75 . And in europe in the early trading there, very similar trends. Dax down by 1. 5 . The cac off by 1. 75 . And the ftse 100 down by 1. 25 . Wti is up by 30 cents. Of course, we did see give back at the end of last week with wti pushing back near 44. 78. A couple big stories we are watching today on the economic calendar, we are looking for august new home sales out at 10 00 a. M. Eastern time. The fed officials are speaking today. The minneapolis fed press Neel Kashkari and dallas fed press rob kaplan. And well hear from Carnival Cruise lines and vail resorts. And then the big geopolitical plan from the boj. They are ready to use every tool to hit the inflation target. Theres no limit to Monetary Policy and that in designing policy the boj will relentlessly pursue innovation. Im not sure what all that means, but nevertheless, well talk about Deutsche Bank today. The shares of Deutsche Bank tumble to a record low according to a report in the german magazine focusing that Angela Me
Zika virus is scarier than first thought and the impact could be greater than predicted lets start with developments in yemen. Four people first of all have been killed in a suicide bombing in the south of yemen. It occurred in a football stadium. Eight people were wondered in that wounded in that attack. Thats the most recent development, but there has been that fragile ceasefire in the second day between houthi fighters and Saudiled Coalition in yemen. Civilians have been bearing the brunt since last year. Reporter a rare quiet in yemens capital. For more than a year bombs have fallen on the area. Houthi rebels control the city making it the target of Saudiled Coalition air strikes trying to push them out. A break in the fighting is allowing some here to hope the bombs the stop for good. Reporter i hope all sides will observe the ceasefire. I wish for common order to be restored without any violations from either side. It is the people who are paying the pryings for in war. Reporter
With all of this Global Selling starting after weaker than expected ism numbers. It was a big drop. It dropped from 56 to just over 51. Massive unexpected decline and that really started things off. At the end of the day, the dow was down sliding 326 points to close below its 200day moving average. Also, the s p 500 losing more than 4 had . And the nasdaq dropped 106 points, to close below the 4,006 level. Where does that leave thus morning . At least at this point, the futures have been bouncing back, but just mildly. Now youre seeing some of the hesitation. At some point, the dow futures up by only 15 points above fair value. S p futures up by just over 2. 25 points and the s p up by 3. 6. Over to scott webb has todays top stories. Many of those stories this morning involve Quarterly Earnings reports. We are watching shares of yum brands, the parent of taco bell, pizza hut and kfc restaurant changes. It reported Fourth Quarter profits 86 above estimates. Sales fell shy, but the compa
So there may be a potential break through in the search for malaysia airline. The Australian Government released these satellite images of objects floating in the southern indian ocean. Planes went to the area today to see if those objects are part of a possible debris field. Relatives in the meantime, of the 239 people onboard the flight are anxiously waiting any news. As a father, i have to believe they are alive and well. 13 days officials are being cautious on what is being called the best lead yet. Bringing us up to speed on this. This is a ray of hope. And now it is the main focus of the International Effort this massive effort to track down this missing flight. This is what they are looking for a faint smudge, in one of the most remote places in the world. This is a lead. It is probably the best lead we have right now. But we need to get there, find them, see them, assess them, to know whether its really meaningful or not. Getting there is the first problem. When they were captu
Objects on satellite images are and now the seven in that area intensifies. And an army general avoideds jail time in a case that involved an extramarital affair with a fellow soldier. Now president obama warning of new sanctions against russia, and russia quick to respond. Mike life in washington right now, and mike, these last sanctions were all but snubbed by russia, so are these latest enough Strong Enough to compel change . Sovereignly officials are touting they have as much more significant, and hit a broader array, not only of individuals within russia, but al certain sectors of the russian economy, even a bank that is known to be used by Vladimir Putin health, and some of his cronies as the officials here at the white house put it. President obama appearing on the south lawn, just before a departure for some previously scheduled events. They added this on, this is becoming a usual thing here, as this crisis unfolds. And we must say, listening to what the president said, the cri