Greg Epp News Today

Also jay powell making comments that added to some of this those who have been under such pressure, those stocks were the ones that were the biggest rebounders disney up more than 7 banks were up across the board wells fargo up by 8 bank of america and citigroup up jp morgan up mgm resorts up 10. 5 carnival up 15 . Airlines each up 13 all of those gains coming as there is hope there will be some time those stocks can get become to normal and people will feel comfortable. Thats the early trade al...

Started arresting protestors ahead of the Third Straight weekend of protests in Hong Kong Shanghai composite finishing the day in red european european equities here we are higher across the board german dax is up by almost 1 and almost 1 gains in france as well as for treasury yields, amazing to think that the ten year yield was at a three year low earlier this weekend 1. 443 were now at 1. 526 with the two year 1. 544 so the inversion remains exact. A new journal piece says that states attorne...

Stocks this year some are up more than 90 . Will investors ride the rally on into 2018 . Weve got your gaming playbook power lunch begins right now. Right now we are lower today across the board, albeit slightly telecom is leading and ralph lauren, Dollar General and target are among the top perform earns. Goldman sachs is seeing Current Quarter earnings reduced by 5 billion due to the new tax law on the verge of ending as the best performing down stock with a 90 gain, crude is holding above 60 ...

Coming out of europe. Right now the markets are relatively flat. Dax is flat. The cac is essentially flat. The ftse down by half a percent. The currency markets, which are going to key off this as well, if there is additional stimulus, it could very well weaken the euro and strengthen the dollar. Right now the dollar is up against the euro at 1. 0978. Dollar versus the yen is at 113. 46. Lets tell you about other storying were watching this morning. Square posting better than expected results in...

Decline in the dow and other major averages at this thing coming a head. When they stormed the store and the Printing Press area there. The dow did fall to that low of the day of about 229point decline and come back right now. Back 143. Take a quick look at the 10year, as well. This has been rallying as we know for a number of reasons and quite sometime and perhaps an extra bid on the flight to safety trade today. Below 2 again. That u. S. 10year. Watching it for everything from the influence on...

Im kelly evans at the new york stock exchange. Im bill griffith. Doesnt look like third times going to be a charm. The financials, which had done so well, bank of america yesterday with a stellar report that pushed it higher. Today, Goldman Sachs and citi disappointed with their earnings and the financials are lagging this market and leading it lower. President dow was down 105 points at the low. Now were doing 68. Thats right. We have goldman down about 2 at last check. Citigroup off about 4 . ...

Chip average and composite up 38 points, at 3783. And Standard Poors at 1725. Dow and s p at alltime highs. The stocks surging after the Federal Reserve holds off on tapping the brakes on the 85 billion a month bondbuying program. No taper when all is said and done. B bob pisani, reaction on the floor, all status quo, significant . A significant disbelief. Huh . Huh . I was flabbergasted, lets put it that way. The key statement mr. Bernanke made in his press conference here. He said put up full ...

Today investors dont seem to care about that. Theyre happy with the results. The stock is moving, having its best day in two years. Well speak to a major shareholder and ask how long that will last. That 7 for 1 split i think a lot will agree is a move to make it more eligible to be a member of the Dow Jones Industrial average if they have a smaller stock price at that time. Later this hour well be joined by qualcomms brandnew ceo, his very First Television interview. Also etnas ceo mark bertoli...

In asia overnight, equities markets were a little bit mixed. The hang seng was up by 1. 5 . Oil prices are down another 1. 34. Thats probably because of what youre seeing happening in the dollar. Look at the ten year note before we get to the dollar. The ten year note is yielding 2 point poip 482 . The yield getting pressed down. Take a look at the dollar. The dollar is down against both the euro, the yen and the pound. Right now the euro is at 1. 3353. Oil would be going up. Oil is going down o...

Facing opposition from both sides of the aisle, Larry Summers pulling out of the race for fed chairman. The onetime Clinton Administration secretary called the president to notify him. In a letter following the call, he wrote, i have reluctantly concluded that any possible confirmation for me would be acrimonious and would not serve the interest of the federal reserve, the administration or ultimately the interests of the nations john gog economic recovery. Janet yellen seen as a leading candida...