But it remains a powerful one that is ravaging the atlantic. And a mass exodus in vermont burma. Over 1 4 million Rohingya Muslims have fled to glencoe in the last have fled to bangladesh in the last two weeks alone. Emergency efforts are underway in mexico city mexico this friday as an earthquake struck off the southern coast. Houses were toppled and tsunami waves triggered as the 8. 1 epicenter sent people running into the streets in panic. France 24s Catherine Clifford reports. Catherine emergency workers feared debris some 1000 kilometers away from the epicenter. In mexico city, the earthquake sent people running into this the streets in panic. I grabbed a friend and i cried. I cried because it scared me a lot. I had never lived through anything like that. I had experienced tremors before, but never heard the walls creek, the lights go out. The avenue was full of people coming out of buildings, everybody in their pajamas, getting their dogs out and everything. It was very strong. T
Across the board europe is mostly lower, the ftse 100 getting a boost, modest. Big boost in rates thats a story as well, the ten year note yield, look there, 2s and 10s on the move this morning, ten year at 238 look at crude oil as well. Just below 50 a barrel, 49. 65. Road map starts with the hurricane effect the Labor Department reporting that 53,000 jobs were lost last month, first contraction in seven years. Does that mean a pause for wall streets record run . Stock futures are pointing to a lower open slightly this morning, the s p 500 coming off its longest record streak since 97. Watching netflix sharpen its fangs, the streaming giant up 5 yesterday alone. And seeing some key upgrades today. The september employment report also shows privatesector payrolls down 40,000 the Unemployment Rate did fall to 4. 2 , the lowest since february of 2001 average Hourly Earnings now up 2. 9 from one year ago jim, we mentioned all of the classes of stuff that is moving, rates are up, the dolla
Lower. The Federal Reserve moving to normalize hiking rates a second time this year and unveiling the plan to trim its Balance Sheet, 4 4. 5 trillion there, despite another soft inflation reading. We do have a strengthening economy with policy accommodative, all that were doing in raising rates is moving removing a bit of accommodation heading to a neutral pace china seas Foreign Investment falling for a second straight month this as questions around anbang. And in a stunning turning point in the russia probe, the u. S. Special counsel, robert mueller, reportedly opens an investigation into whether President Trump tried to obstruct justice i kid you not, an hour and 15 minutes ago, we were saying where will we see movement look, an hour and 15 minutes later, an hour into trading we have a decentsized decline on other hands. Down 0. 6 on the euro stoxx 600 at the moment. We should go straight in and look at which countries are being affected the most in terms of this down tick. We have
Im mark barton in london. We have stocks falling for a fifth day. It was a central bank heavy day yesterday with yellen, carney, and draghi speaking. Against theup dollar, rising to a oneyear high, 1. 1381. The yield rose the most sense january yesterday after fed chair janet yellen spoke. The u. S. Can withstand higher rates. 0. 1 ,mex crude is down by falling for the first day in five u. S. Days. Crude stockpiles rose, exacerbating this government data. Inventories extended declines from that record reached at the end of march. Lets get the bloomberg first word news with sebastian salek. Reporter a new cyber where attack has reached asia after spreading from europe to the u. S. Overnight. With being carried out users told to bitcoin. Ransomeware is becoming a routine risk of doing business around the world. Senate republicans have postponed the vote on a new Health Care Bill after at least five gop members said they would not vote for the bill. The delay is another setback on the rep
The dow climbing to a record incj high intraday high once again, so more room for equities. Tampered bygreen some red. The dow has been bouncing around today. It touched a new intraday high, but it has also fallen for much of the day as well. Bouncing between gains and losses. The s p and nasdaq have been consistently in the red throughout the day. They are dragged down by some of the disappointment on the earnings front. Onceally is a micro day, again, driven by these individual Companies Reporting earnings. Lets look at the winners and the s p. We have a align technology, orthodontics. They came out with revenue and earnings that Beat Estimates, and bank of America Merrill lynch upgrading the stock, saying that its penetration in the global orthodontic market can grow. Mohawk industries is the maker of flooring. That companys forecast above what analysts have been anticipating. Expedia, the Online Travel Second Quarter results coming in, topping one year ago results. Analysts are say