Page 8 - Mark Grant News Today

Expected job report from the fed. Were going to talk a lot about that this morning. In the meantime, take a look at what happened overnight in asia. The nikkei was up a quarter of a percentage point. Markets higher in china too with the shanghai up. 60 . Hang sang putting in a similar gain. If you take a look at whats happening in the early trading in europe, things are mixed at this point. Dax is up a third of a percent. Cac is up just under. 20 . Ftse is down. 20 and check out crude oil price ...

But were holding down the fort. Japans nikkei reopening after yesterdays Public Holiday and it plunged. 4. 8 . It closed at its lowest level since october 2014. The index is down in seven of the last eight sessions. That is coming as the yen has been rising against the dollar and it comes after yesterdays big selloff in the u. S. This years lowses have erased nearly 1. 8 trillion in value for investors just on that index. The s p is down 10. 5 since the first trading day of 2016. But u. S. Equit...

In european markets right now, youll see that the dax is down by about 0. 6 . So is the ftse in london. The cac looks like the biggest decliner of the three. It is down by about 1. 1 . If you want to take a look at the price of crude oil, yesterday we saw crude oil, what was happening there. Now its down by about 37 cents to 37. 95. A couple big stories were watching today. Heres whats happening. Yahoo changing its bylaws to allow proxy access for board nominations. Heres what it means. Investor...

The nikkei was down by almost 600 points. Thats a decline of 3. 5 . Among some of the things that were cited was a weak Business Sentiment result from a survey from the bank of japan. Traders also citing weak earnings expectations in the United States. Again, 3. 5 decline. Its not our fault. Its japan. I think thats a little separate from what we see here. Call someone, what do you think . They just come up with that. They didnt hear it from a single trader, im sure. Oh, how about this . Well, y...

The dow up 75 points. The nasdaq up by 28. Weve got a couple big stories that were watching this morning. San francisco fed president John Williams said last weeks fed decision to hold rates steady was in his words, a close call. Increased concern about the Global Economy in the Financial System led policy makers to wait on a hike. We will see how long that wait lasts. Jim bullard awaits and says its too influenced. President bullard will be joining us right here in studio for two hours this mor...

Terrorism. John harwood will join us from the white house. Before we do that, lets get up to speed on this mornings other top stories. Michelle . Lets start with oil. Crude prices dropping after fridays opec meeting. As a result theres no agreement on output targets. In fact, the cartel didnt even mention a quota, something we havent seen in decades. Analysts say this is a message that opec or saudi arabia is willing to deal with low prices. You can see wti is back below 40 per barrel. U. S. Gas...

And this morning the iea says it sees the oil glut worsening. The big reason, demand growth now is slowing while opecs out look continues to boom the ieac Global Market is supplied until at least the end of next year. Wti with 36 and change down another 1 . Even brent at 39 and natural gas, look at that, below the 2 mark. We were you messed it up yesterday. Halftime report we were up like 150 or something . Almost 200. Almost 200. We ended up, up 80. What did you do . Which guy was it do you thi...

President obamas new round of sanctions, warning that measures would back fire and bring u. S. Russian relation toes a dead end, causing serious damage. As for the russian market reactions, take a look. Stocks in moscow were down sharply in early trading. You can see theyre down by 4. 3 . Later in the show, senator bob corker will be joining us. He is a member of the Foreign Relations committee. Hes been calling for tougher sanctions on russia. Well have more of that coming up. Right now, lets g...

The dow is now negative for the year. Its accelerated throughout the day and the major averages closed at the lows of the session. All 40 dow stocks finished in the red yesterday. 97 of the s p 500 and 96 of the nasdaq closed lower. All ten of the sectors were down at least 6 . Heavy volume throughout this. We saw 4. 3 billion sharls that were traded on the nyse. More than a billion more than the average. And as for volatility, take a look at the vision. Youre going to see right now that the vis...

Rise. Less concerned about as may have acquisition. Overpaying. A lot of the shareholders who own fox are shareholders in time warner. So while you want to high bid for time warner, you dont want fox to overpay if you own both of these stocks. People were expecting strong numbers out of time warner to so it could profits case. How is this for a good morning for you . Stocks down just before those earnings come out. And at the same time, rupert has a history of overpaying, right . When you look a...