Countdown. On the bottom of your screen, 1000 jobs are under threat. That is a story that nejra cehic will bring you in a little bit more detail. Story. Come on that backstopping the banks. Italian banks will be in focus once again, more details on the function. It is not a backstop bank, it is a backstop front. 3827 backan real, impeachment. The real is making its way up higher. 2. 8 yesterday. What you have here is politics, the new alpha in this market. Economists lowering the view in terms of what we look at for rates. Potential for recep leavy rousseffving leaving has emboldened oil is down 0. 3 . Goldmans doha will do little to boost prices. Kuwait having production at a 40year high. At the bottom of your screen, you have a break off trend. The relative strength indicator says that yen was overbought, dollar was oversold. You have this reversal of fortune. Temporary or longterm . We will discuss that. Sean solomon is here, good morning. Soloman is here, good morning. Assuageis is
Permanent ceo. Glencore, stops are dropping. We are waiting on Sales Numbers from ford and gm. With he will bring them to you as they break. First up, futures on the rise as we enter the first trading day of the Fourth Quarter ahead of tomorrows key jobs number. Jobless claims up more than expected, up 10,000. That fourweek moving average did fall slightly as they look to move on from what was the worst quarter of stocks in four years. The biggest loser was the dow. At nearly 7. 6 drop. We know, guys, the s p didnt fair much better. Down, 6. 9. Nasdaq, down 7. 4. Everyone talking about october. It has been pointed out today, the past five octobers, only one has been down. The ones that have gone up have been to the tune of 4 , 11 , 3. 7 back in 2010. The classic thing is to say it is difficult to get upside leverage in the first half of october. If you look at what we have experienced since august, did we bring forward the pessimism . I thought jim reed at deutsche ya said, if you thin
North korea adding to the growing list of geopolitical concerns after that country announced a nuclear test and claims to have successfully tested a hydrogen bomb. China fears deepened when a report showed the Services Sector of the worlds second largest economy grew at a slower pace than expected. And add to that the situation in the middle east. A drop in oil prices big time, and investors all across the world were rattled this day. The Dow Jones Industrial average slid 252 points to 16,906, nasdaq dropped 55, the s p 500 declined 26. Domestic crude settled at its lowest level since december 2008, down nearly 6 to 33. 90 a barrel. Michelle carusocabrera reports now on the global events pressuring stocks today. Reporter the selling started late last night when the world learned north korea conducted yet another nuclear test, claiming they had detonated a hydrogen bomb. If true, that would be a significant advance in north Koreas Nuclear capabilities. The claim was met with skepticism,
North korea adding to the growing list of geopolitical concerns after that country announced a nuclear test and claims to have successfully tested a hydrogen bomb. China fears deepened when a report showed the Services Sector of the worlds second largest economy grew at a slower pace than expected. And add to that the situation in the middle east. A drop in oil prices big time, and investors all across the world were rattled this day. The Dow Jones Industrial average slid 252 points to 16,906, nasdaq dropped 55, the s p 500 declined 26. Domestic crude settled at its lowest level since december 2008, down nearly 6 to 33. 90 a barrel. Michelle carusocabrera reports now on the global events pressuring stocks today. Reporter the selling started late last night when the world learned north korea conducted yet another nuclear test, claiming they had detonated a hydrogen bomb. If true, that would be a significant advance in north Koreas Nuclear capabilities. The claim was met with skepticism,
North korea adding to the growing list of geopolitical concerns after that country announced a nuclear test and claims to have successfully tested a hydrogen bomb. China fears deepened when a report showed the Services Sector of the worlds second largest economy grew at a slower pace than expected. And add to that the situation in the middle east. A drop in oil prices big time, and investors all across the world were rattled this day. The Dow Jones Industrial average slid 252 points to 16,906, nasdaq dropped 55, the s p 500 declined 26. Domestic crude settled at its lowest level since december 2008, down nearly 6 to 33. 90 a barrel. Michelle carusocabrera reports now on the global events pressuring stocks today. Reporter the selling started late last night when the world learned north korea conducted yet another nuclear test, claiming they had detonated a hydrogen bomb. If true, that would be a significant advance in north Koreas Nuclear capabilities. The claim was met with skepticism,