Lots to talk about this morning, once again we follow the bouncing ball of the china story and overnight we are learning that both sides said they would be willing to roll back tariffs, interesting. Devil is in the details, this can be very good, imagine how much markets might soar if you, in fact, do get this first round deal with china, very good news for investors. Maria we have a rally underway right now, futures indicating doubledigit gain, on top of all 3 major averages closing in record territory yesterday over optimism in deal with china, u. S. And china, s p was up 11 and nasdaq up 46, washington and beijing considering rolling back tariffs of completing phase 1 of much larger agreement, President Trump spoke about that in rally last night, listen to this. China is doing poorly as you know, but they are paying billions and billions of dollars and theyve never given us 10 cents before, billions of dollars, they gave a lot of the money to our farmers who got targeted but no long
The dow. It accounted for about 74 points of the declines of the dow that came after we heard from jeff bezos, Warren Buffett and jamie dimon that they will try to take on healthcare on their own. The reaction from healthcare was swift and serious. This morning, though, green arrows across the board. The more you talked to people yesterday who tried to understand what they were doing, i think the selloff may have been too far i spoke with ana gupte who was on with us, she had time to digest it. She said this is a buying opportunity. Anything that happens will take years. If will tait will take a lone what i did hear a lot of yesterday is other ceos looking at what theyre doing and saying we should do this, not necessarily to gang up on this. But looking to cut their own costs. The question the bigger the pool you get, the more complicated it gets. You could see the whole Business Roundtable deciding were going in together as a collective. You have younger workers this gets interesting.
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
Ahead. Good morning. A warm welcome to Worldwide Exchange. Im wilfred frost. Lets check in on the markets after a significant selloff yesterday. We lost 20 points to 30 points on the dow right at the close. Down 1. 4 , having been down 1. 2 for most of the final few hours of trading we were down 363 points. In the midmorning the dow was down about 400 points. The s p was down more than 1 . The nasdaq down just less than 1 10 out of 11 sectors were lower yesterday. Healthcare and energy were down around 2 . But month to date the returns are impressive in this final trading day of january the nasdaq standing up around 7 even despite those couple falls, and the dow is up this morning 74 points, the nasdaq up 20 points, and the s p up 9 points in the premarket tenyear treasury note, still above 2. 7. That crossing of the 2. 7 happening with yields rising, something that has concerned some equity investors. Yields about 2. 7 still this morning. President trump striking an optimistic tone in
Train to the big selloff on wall street. The dow dropping 362 points yesterday. Some of the biggest drops in the last two years. A lot of big earnings coming out. Facebook, microsoft and the Federal Reserve Meeting Results as well. Right now futures point to higher open. Dialup 78. Lauren investors with a close eye and Interest Rates a 10 year treasury help at the stock markets the past two days. It is about to. 7 right now. Cheryl in europe, and treasury recovery at the open right now. The ftse, cac are higher. Lauren nation with the nikkei nikkei japan following poignant down for six days in a row. The only green arrow in that screen is the hang seng in hong kong. Train to some more for apple. The Justice Department and the sbc launching investigations into the iphone slow down. Fbn am starts right now. Lauren three at five of 2 00 a. M. In new york. Wednesday, january 31st print last day of the month. Im lauren simonetti. Train to it as the morning after. Im cheryl casone. But his s