John Kilda News Today

Overnight in asia. The nikkei higher by 1. 1 . Hang seasoning up 2. 3 and shanghai up. 8 . Youll also see green arrows in europe the dax up 1. 9 . Cac is up. Gains for italian stocks too in the treasury market, at this point, 10year yielding 1. 67 . Twoyear at 1. 551 30year up at 1. 61 . Iranian Officials Say two missiles trunk an iranian tanker in the red sea crude prices, as a result of this, they are jumping up close to 2 wti crude now 54. 47. They are saying that damaged two store rooms aboa...

After new reports out of china showed the worlds secon largest economy is hurting and a separate report showed that germany isnt doing much better. That set thetone. Then our bond market gave the loudest signal of all, yields inverted. That means that shorter term treasuries paid out more than longer term treasuries, and that doesnt happen very often. But when it does, it has been a good predictor of recessions. Ulledthere investors money out of stocks today with the dow plummeting 800 points, i...

Well give you a check of the picture in a moment. There you go shanghai up 0. 50 . Trading under way there for a number of hours. The dax is up approximately only over in france, the picture, negative at this hour. Treasury yields much in focus this week. 2. 60 on the current year and above that level at 2. 65 that is the one to watch were certainly watching that. 2. 60. You can round that up to 2. 7 right now. You can round that up to 3 a lot of people say thats the next stop. The question is a...

That yield. Yield does go thats yield. Yield goes higher. Crude oil is the key to this market. Geez. I say that before my friend to the right of me says it. Wow. Were above 50, jim. Thats a move. Its for real. And that seems to be having a broad impact as you might expect on so many markets which we will get to as we start the road map this morning. Glencore higher in the premarket. It plans to cut production, but alcoa lower on weaker than expected results. Tesla gets a downgrade while elon mus...

The National Retail federation reporting on average, shoppers spent 6 less this thanks giving weekend thn they did a year earlier. Friday, it looked like it was going to be better. 11 lower in total. Online sales were all sort of on to them at this point. Today dubbed cyber monday, the traditionally Biggest Online shopping day. The consumer will spend 2. 5 billion online in one day. Well check in with Courtney Reagan in 20 minutes along with our industry analyst. And we have congress returning f...

Joining me is john kilda. >> i have to figure out a way to get in on the cake story. >> theres a lot of extras there. i think protein is one of them. let me ask you the question everyone else is asking. when is this going to stop? >> its not going to stop for awhile. you might have heard or viewers might have seen or heard about a spike last night close to 4:00 p.m. eastern time. oil prices hit $110 a barrel for the first time since last year. on reports sketchy reports that the iranians or some...

slid nearly 200 points today. the reason, fear and uncertainty. fear of europe and fear of the super committee. we are counting down to a huge moment for america on a day our commander in chief was warned chinas military is building up with one main goal, taking on america. ill get to that in a moment. first, the super committee is exactly one week away from its deadline to cut a minimum of $1.2 trillion from americas deficit. today was a day called critical by some lawmakers. the meet...

im erin burnett. "outfront" tonight, the market slid nearly 200 points today. the reason, fear and uncertainty. fear of europe and fear of the super committee. we are counting down to a huge moment for america on a day our commander in chief was warned chinas military is building up with one main goal, taking on america. ill get to that in a moment. first, the super committee is exactly one week away from its deadline to cut a minimum of $1.2 trillion from americas deficit. today was a...

lets go "outfront." im erin burnett. "outfront" tonight, the market slid nearly 200 points today. the reason, fear and uncertainty. fear of europe and fear of the super committee. we are counting down to a huge moment for america on a day our commander in chief was warned chinas military is building up with one main goal, taking on america. ill get to that in a moment. first, the super committee is exactly one week away from its deadline to cut a minimum of $1.2 trillion from america...

"outfront" tonight, the market slid nearly 200 points today. the reason, fear and uncertainty. fear of europe and fear of the super committee. we are counting down to a huge moment for america on a day our commander in chief was warned chinas military is building up with one main goal, taking on america. ill get to that in a moment. first, the super committee is exactly one week away from its deadline to cut a minimum of $1.2 trillion from americas deficit. today was a day called criti...