In the might be team take a look at what happened overnight in asia. Right now, asia closed up just slightly. The shanghai comp was down slightly. The hang sang up. 30 . Europe in the the early trading right now. See red arrows across the board. These are declines. Pretty mad rat. Basically a quarter percentage point decline across the board. If you check out crude oil prices big thing to watch yesterday. Crude oil up jed yesterday. Biggest jump in five months. After we saw that confirmation of the drawdown that had been suggested the night before, you see right now wti giving back a little gain. Decline of. 51. Breaking news out of north korea overnight that could be ralting markets this morning. The country claiming to have successfully tested a Nuclear War Head in what may have been most powerful detonation ever. South korean said it was the fifth test and had the impact of a ten killton explosion. President obama was briefed on that test aboard air force one. He said any provocativ
Concern in the market that we saw on friday. When stocks tumbled when another fed official said an Interest Rate hike may be just around the corner. But todays speech by brainard was the last appearance ahead of next weeks meeting of policy makers. Her cautious language sent stocks sharply higher. The Dow Jones Industrial average climbed 239 points to 18,325. The nasdaq added 85, and the s p 500 jumped 31. We begin with two reports tonight. Bob pisani tells us why the markets are being whip sawed by the fed, but first Steve Liesman on what exactly Central Bank Officials said and where the feds voting members stand. Lots of fed speak today. But the market taking its cue from brainard who made a fullthroated case. Brainerd has a permanent vote and said the fed has not been hitting its inflation targets and there are risks from abroad and a stronger dollar that the fed should watch carefully. To the extent that the effect on installation of further gradual tightening in labor Market Condi
Concern in the market that we saw on friday. When stocks tumbled when another fed official said an Interest Rate hike may be just around the corner. But todays speech by brainard was the last appearance ahead of next weeks meeting of policy makers. Her cautious language sent stocks sharply higher. The Dow Jones Industrial average climbed 239 points to 18,325. The nasdaq added 85, and the s p 500 jumped 31. We begin with two reports tonight. Bob pisani tells us why the markets are being whip sawed by the fed, but first Steve Liesman on what exactly Central Bank Officials said and where the feds voting members stand. Lots of fed speak today. But the market taking its cue from brainard who made a fullthroated case. Brainerd has a permanent vote and said the fed has not been hitting its inflation targets and there are risks from abroad and a stronger dollar that the fed should watch carefully. To the extent that the effect on installation of further gradual tightening in labor Market Condi
Itunes for print news, if you will, coming up. They are already in europe being introduced here in the United States. And offering refunds if you dont like the article too. Is that right . Really, thats interesting. After the bell, hall of fame basketball star bill walton will discuss his new book and whether nike blew it when it lost steph curry to rival underarmour. If you havent read it, i highly recommend it coming up next hour. Do you think bill will have an opinion . Did you ever see a cat fight a big . Ever been to tucson in july . Where were we . Lets get to the markets as we head towards the last hour of the week. Heather hughes. How are you . Hi. Sitting at post nine at the New York Stock Exchange and Rick Santelli from chicago. Ben, were breaking this fiveweek winning streak but not by much. We havent had the kind of pull back you would imagine the market would need after the kind of gains weve seen over the last month and a half . I think what weve seen is very healthy. We
Customers, facebook is finding out what it means to be a hardware company. Yes. On Major League Baseballs opening day and today as well, rob manfred will join us at post nine to discuss ticket prices and a lot to talk about. It will be a very interesting conversation. We want to start with tesla. Shares are popping today on reportedly strong early demand nor the mass market model three car. Phil lebeau has been following the figures from a tweet storm of elon musk. What do we know . A big three or four days for tesla and elon has been tweeting and giving us numbers on the amount of reservations placed for model 3. At the end of saturday night, 276,000 reservations, likely much bigger than that now but we havent gotten an update from tesla. The base price for model 3, 35,000. That means if they only sold 276,000 at the base price and we know they go for much more, they bring in 9. 6 billion when those sales were completed. By the way, model three deliveries start in 2017, by then it wil