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Williams of dollars in market value gone in minutes. I am frank sommerville. We will hear from an expert who says, dont panic. But first the numbers from today. The dow was off 588 points, but that was actually an improvement after being down more than 1000 points at the beginning of the trading day. The nasdaq lost 179 points. The s p lost as well. All of this on top of big losses last thursday and friday. The Chinese Market has been setting the tone. It is tuesday there and investors are once ...

Seat back seat rally where all the wrong stuff the minerals the oil complex, led the market beautifully . With the dow climbing 369 points, the biggest twoday gain since december, 2008. S p pole vaulting. Nasdaq rocketing 2. 5 . Arent we supposed to want to roll costs down and down and down some more . Not up huge as they were today . I know its tough to explain how oil is spiking, almost 10 the biggest oneday move in six years. It will be a positive. Today it was certainly hailed by investors a...

Refiners are facing a renewed threat to their production. Good morning to you, yvonne. Ye on japan e and korea. Trade was focused on Hurricane Harvey. I want to bring up a function. Are hurr you at the red dot, showing some of the refineries that have been closed. You can see that there are more red than blues. The reds meaning the refineries that have been shut down. That has left the markets uncertain today, particularly as this destruction is only going to get worse. The flooding is supposed ...

Open european markets lets take a look at europe and see how its doing. Yeah, there you go. Look at it. The expanded accounts review. Lets go to kayla with more on that story about new numbers in terms of wells fargo. This investigation has been going on for more than a year. It cost the job of its former ceo but the bank announcing this morning that that he review is now complete they did find close to a million additional what theyre calling potentially unauthorized accounts thats up. The numb...

Hurricane irma is a category 4 sthoorm cou storm. The path is still you unseuncer puerto rico and florida are areas of interest. Here are the big corporate stories. United technologies buying Rockwell Collins for 23 billion. Under the deal, rockwell Share Holders will receive 140 per share in cash and stock. Thats an 18 premium to the Closing Price on august 3rd. The Companies Say the Aerospace Systems segment would be combined to create collins Aerospace Systems which would save 5 billion by th...

This is bloomberg daybreak europe. From here in the city of london. Vix, we need to talk about what happened in the u. S. Markets. What happened in the u. S. Markets yesterday and what kind of risk sentiment weve got around these markets as the u. S. Financial Services Industry returns from its Labor Day Holiday they return in a risk on mode. There was plenty to worry about, hurricanes, geopolitical threats, all that leading to the dow down as much as 278 points and the vix spiking by more than ...

President trump doesnt rule out military action against pyongyang. Hopefully we dont have to use it against north korea if we do use it on north korea it will be a sad day for north korea. Good morning its friday, unfortunately were dealing with a lot of national catastrophes on this morning mexicos been struck by a strong earthquake the 8. 1 magnitude quake was felt in the capital city forcing people to evacuate shaking buildings. At least five people have died the epicenter is located off the ...

And shocker on center court. The moment an upandcoming star takes down her idol, Venus Williams. Now the allamerican showdown coming to the finals. We do say good morning, america. As you can imagine it is a very busy friday morning. Hurricane irma continues on the move, targeting the entire state of florida. It is being called a worst case scenario. Take a look at the storm hitting turks and caicos overnight. So much destruction across the caribbean already and its not the only hurricane in the...

And shocker on center court. The moment an up and coming star takes down her idol, Venus Williams. Coming to the finals. We do say good morning, america. As you can imagine it is a very busy friday morning. Hurricane irma continues on the move targeting the entire state of florida. It is being called a worst case scenario. Take a look at the storm hitting turks and caicos overnight. So much destruction across the caribbean already and its not the only hurricane in the atlantic basin. There are n...

Interesting time and we just had jackson paul and had secondquarter gdp numbers looking better and that is great but, of course, from the human and social perspective its an unfortunate time in our sympathies and prayers go with those in houston for Hurricane Harvey in the terrible damage that was listed there. Im sure your comments about some of that later on of the street into it. We will talk about the us economy and then i will migrate into the Global Economy and then Monetary Policy. Lets t...