Their franchise history. Worldwide exchange begins right now. Good morning, good afternoon, good evening from wherever you may be watching. A little early van halen there for you. Halloween in the states. A lot of those goblins running through the streets jacked up on sugar. The nationals beat the astros. Washington scoring all of their runs in the final three innings. They made history with something that has never happened in baseball or any other professional sport that is coming up. Lets get to your market box score. Dow futures are some what higher we are seeing dow futures up 31. If you are keeping score at home, the s p 500 hitting the 14th alltime interday high and 15th record close of the year. The dow by the way, still less than 1 away from its alltime high we are getting closer. Kind of funny how image works. As stocks have gone up, bond yields overnight in asia, after a oneday pause. Japan resumed its rise leaving policy unchanged but updating guidance that rates will remai
Another big asian selloff. China losing 8. 5 in overnight trade and the hang seng in hong kong also dropping 3 . Japan a more muted drop but i think you get the picture. Europe falling as well. Germany and france bearing the brunt of the selling and the drop continues through the usa. We are off the lows of the day but as you can see the dow is moving to the downside by 133 points right now. The nasdaq is off by 46 points. The s p down by 11. The russell 2000 is down by nearly 1 folks, or 11 points. My old colleague now joins us with more on why china dropped so far, so fast. Reporter volatility returning with a vengeance to the Mainland China stock markets. Equities plunging more than 8 . The biggest oneday drop in more than eight years on signs beijing might be backing away from supporting the markets. Concerns over Economic Health soured sentiment further. Data show chinas industrial firms dropped 3 from a year earlier reversing a. 6 rise in may. Index heavyweights including china u
The european banks. See them in the green there, but after losing 20, 30 , weve only got a bounce in Deutsche Bank of less than 1 . Royal bank of scotland up by 2 . Lets get to wilford in brussels with breaking news. Wilfred. Reporter melissa, thank you very much. Im joined in brussels by nigel farage. Congratulations, extraordinary victory last week. Big event. Seismic actually not in terms of british or european policy but even global policy. This was the little people. Ordinary people. Standing up against the multinationals, the Goldman Sachs and big politics and getting a victory. Big news. A long way to go of course until the uk actually leaves the European Union. When should article 50 be invoked . Well, i have to say i rarely agree with the president of the european commission, but what he said today we should end the uncertainty and start the process, you voted to leave, so lets do it. I thought to myself, yeah, hes right actually. The idea that the succession in the conservati
Iea saying the global glut say that ten times fast is bigger than thought. And the risk of Oil Prices Falling further has increased. That this has nearly every oil Company Stock lower again today despite some of the bigger names likes exxon, chevron, shell and others being in the middle of a mini rally this month. Self ron up 2 this past week. And exxon mobile up about 6 . Joining us now chris kelly, he covered the oil sector for janice. Chris, listen, lets try to focus the whole story through one stock. That is a name you like. Enterprise products, he pd. Their numbers werent terrible. Their earnings per unit down a little bit but better than expected. Volumes, okay. Gross margins, okay. Yet the stock is being absolutely pumeed. Are we seeing and this maybe is just one example of it indiscriminate selling at this point without regard to fundamentals . Hi brian thanks for having me. I think we are having some technical macrodriven elements of the market outside of fundamentals. To be c
The fresh rears, two the year yield now is at. 8 , just below that we are at a level we havent seen since april of 2011. What is that screaming for right now . The most interesting thing is this is happening, these yields moving higher even as we are getting this nice rally with the dow up 250 points and counting. Coming up Richard Fisher will join us at the Stock Exchange to give us his odds for an Interest Rate hike in a couple of days. He is the perfect guy to have on today. Tesla getting some high end competition. Could porsches electric concept car really give tesla a run for its money . Weve got the video, the super cool looking car and both sides of that story coming up. And Mark Zuckerberg fielding questions right now at a facebook town ham. We will bring you the late fres that event throughout the hour and you can choose to like or dislike. Yes, you may do that now. You will have a choice. Isnt that interesting . Lets get right to bob pisani who has been tracking this action a