We started to see 210 spread first,the world, u. K. And then as that happened, investors steadily selling socks, nervous about this sign of a future recession, even though it typically does not happen for a year or two after the inversion. Investors are clearly nervous. Lets take a look that inversion and see how it is happening. Lots going on. What we are looking at, in white, japan, in yellow, the u. S. , and in purple germany. In blue the u. K. Germany is still inverted. Japan is slightly above. The u. S. Slightly above. In purple, because all of the yields are in negative, that is up 22 basis points. Very close. Investors worry a recession could be ahead. If we take a look at a sector check, that is bearish. Take a look at utilities. They are up just. 2 . In a sea of red, that stands out. Those are the defensive utilities, then you have high dividends. On a date yields are plummeting, those stocks look attractive. Take a look at tech in financials, those are lower. That is true for
In a moment. In the meantime take a look at u. S. Equity futures. Dow was down a couple of points yesterday. Looks like s p up and nasdaq up by 14. Lets take a look at stocks to watch today. Shares of rack space. Market valuation of 3 billion before the report of a possible sale. Fire yief announcing plans to layoff workers. Missed its own forecast of the company cut its full year outlook. Zynga releasing a weak outlook. Active users fell. And restaurant chain poe yolo co. Matched the estimates and what is that now, up 8 yesterday. Lets take a look at the broader markets this morning. We showed you the futures are in positive territory. If you take a look at the early markets in europe. There are gains there once again. Looks like the dax is up bailey. The cac is up half a percent and the ftse after the gains we saw in the market there yesterday as the bank of england voted not only to ease Interest Rates by 25 basis points, but also to add a lot of additional quantitative easing and o
Well touch real quickly on a story weve been covering an incident in the financial district of the city. There was some sort of explosion underground on bush street. A manhole cover blew up. A lot of Fire Department responding. If you know someone in the financial district you hear sirens or a see a lot of activity thats whats going on. No one has been hurt, theyre still trying to figure out what happened. Whenever i walk around the financial district that story comes to mind when i go over manholes or vaults i think it was outside the ralph lauren store a few years ago. Nothing like that but it is an underground vault. Looking ahead to Donald Trumps speech on immigration today. Well talk about that in depth. But first we start with news from overnight and the questions lingering about what caused a bus to crash last night in san jose. We just spoke to the chp, anything new . Reporter theyre checking to see if this company the Tour Bus Company medina tours on 7th street is up to date o
As japan beats south africa. It has been just nine months since the left wing syriza party swept to victory in greas greeca platform to stop austerity. A staff photo was called after syriza lost its parliamentary majority in august. The party of the leader Alexis Tsipras plummeted. , after syriza had promised to oafoppose austerity measures. Lets go live to greeces Second National city, thessaloniki. Hoda abdel hamid is there. Even just two months ago when the greeks went to vote in the referendum they voted no to a third bailout program. They said it was about greeces dignity and then when the Prime Minister had to accept that bailout, then that dignity was scorned. So now theyre coming back to the ballot. Lots of people i spoke to said we dont know who were going to vote, doesnt really matter, even that different ie image tht Alexis Tsipras was giving, is he really different from the old establishment . When you look at the old opinion polls they put a new democracy not very far behi
There you go. I think we will have to move from here. We are getting tear gassed. The al jazeera correspondent tear gassed by Israeli Forces during a live broadcast. Celebrations and a show of force, north koreas ruling party marks its 70th anniversary. And the samborins in zimbabwe at the International Street carnival. In sports, scotland survive a scare to stay alive in the world cup. Putting them sending japan out of the tournament. Two suicide bombers are thought to have been behind two deadlyplosions in the turkish capitol, anklera, the figure at the moment is at least 95 deaths, another 246 people injured when the blast went off near the citys train station. Turkeys government said its treating it all as a terror attack and announced three days of mourning. The prokurdish Peoples Democratic party said the blast specifically targeted its members who were taking part in that rally. Jamal aishayal reports. Reporter calls for peace drowned by the sounds of explosions. This was the mo