Good morning to you from me as well. Good to be back. Great to have you back. A little wedding weekend in san diego. Checking in on markets after a mini rally yesterday sent the dow higher by 39 points. Oil firmed up. A rally is jen roycgenerous. Mini rally i said. A fractional day. We have mixed signals on the futures market. Dow futures up less than 8 points. S p down 1. Nasdaq futures down 1 as well. As for the tenyear treasury note yield, hovering around the 2. 35 level this morning. Inching up to 2. 36 on the tenyear. Do have some potentially market moving information today including adp read on private sector jobs. Ahead of the big jobs report on friday and the fed minutes. More on the markets in a moment. Rex tillerson will a terse response to north korea launching a mittal. North korea launched yet another intermediate range ballistic missile. The u. S. Has spoken enough about north korea. We have no further comment. The question is can anything be achieved on that topic betwee
Im sara eisen alongside dom ch chu. An update on Hurricane Matthew as it makes landfall in florida. A quick check of futures, under pressure just a bit here. The jobs report at 8 30 a. M. Eastern time for september. S p futures down almost 2 points. Nasdaq futures are down 6. Well keep an eye on that as it unfolds over this morning. A huge story overnight. Take a look at this chart. The british pond versus the u. S. Dollar. It all started just after 7 00 p. M. Last night in new york time, 7 00 a. M. In singapore and hong kong. Look at the intraday move. The currency plunging. In minutes. In minutes, by 6 against the u. S. Dollar. An extraordinary move like we have not seen before in this currency pair before recovering most of its losses. Concerns of the uks exit over the European Union, that shortterm drop speculating that it could have been triggered by a fat finger, rogue trade. Some traders are attributing the move made to comments late yesterday reported by the Financial Times fro
Street, the trading perspective. Roger from the economic perspective. Well bring you the results as soon as they are released. Kate kelly is standing by with all of that. How about twilio soaring on its debut. Its just under 28. Granted thats not saying much. But a hello they debut here for twill owe. Well discuss whether it could spark a new rush. Wow, did they leave money on the table. I dont know. In this climate . Priced above the range. Its the indication. Its a Business People can understand and theyll like. We will see. Lets start with our full Team Coverage of the historic brexit vote. Everybodys in london this week. Wilfred frost has the latest numbers for us. Kayla tausche also and sara ice never. The betting has moved. We were as long as 7 1 for an exit. Its now 5 1, implied probability expecting to remain, 83 . But a slight improvement. They havent had any polls for quite some time. Now its 4846, leave. What does the next few hours hold for us . As you said, polls close 5 0
Similar gains for italy and spain. If you check out the currencies, thats where so much of the real volatility has been taking place, you can see that the pound is higher versus the dollar. Its trading at 1. 4635. The dollar is up against the yen at 104. 44. Finally, check out crude oil prices, crude down by a dollar last week with real concern on what was happening there. And that added pressure to equities last week. This morning, wti is up by 1. 5 . The gain is 73 cents to 48. 71. A couple stories we are watching this morning, Indias Central Bank chief announcing hell step down when his term ends in september. The news was not expected. Rajan has been popular with Foreign Investors and took control of Indias Central Bank in 2013 when the country faced the worst currency crisis since the 1990s. But faced creditism from the ruling party for not lowering Interest Rates enough. And he announced sweeping reform rules. This clears the way for apple to open stores in the country. Shares fo
Thing but a combination of factors. Housing data was strong. Oil prices went up. New highs for the year. And there seems to be an increase in confidence that higher Interest Rates likely wont hurt stock prices very much, if at all. The Dow Jones Industrial average climbed 213 points to close at 17,706. Nasdaq added 95. And the s p 500 rose 28. Ari thompson has more on todays big gain. Reporter stocks finished strong on the back of a big gain in aprils new home sales and the back of strength in the european markets. The u. S. Markets rallying from the opening bell. This after a new poll showed that britons are less likely to vote to leave the eu in a brexit. New home sales for the month of april rose to their highest levels in eight years. That data along with the news that prices for new homes were very high levels and the news that the luxury home builder Toll Brothers came in with stronger than expected earnings adding fuel to the markets rally. Pacing the gains today, strength in he