Now, they are mixed in trading. They pretty much have been for most of the day. Volume has been pretty off, as well, especially as we head towards tomorrow and the july jobs report. Earnings are backandforth today, and this is what we are getting. Training s p 500 within a band of only about 10 points or soap you right now, the dow is down. 1 . Lets take a look at the s p sectors. Lets look at the Sector Health in my bloomberg. Generally speaking, a majority of our sectors are in negative territory, financial done the most, by about. 3 . Energy also down by about. 3 to technology is up the most, by about. 5 . Materials up. 4 . Taking a look at what is happening in terms of the biggest loser, metlife scraping the bottom of the barrel right now, down about 10 . Lifeis the u. S biggest insurance appeared secondquarter profit fell on the order of 90 . It plans to cut costs by 1 million by the inbound of 2019. This is its biggest fall in six weeks. Leslie get energy in terms of oil. Oil is
Concerned. German september ifo, 100. 7. The current condition is 111. 4. The expectation is 104. 2. So not quite as a small jump in ifo. And they said the august Business Climate was revised to 107. 6. So not quite as big a jump as we might have expected. Lets get Immediate Reaction to that. Miles bradshaw is Portfolio Manager at pimco and joins us right now. Miles, a small bones in ifo. Whats your assessment of what that means and of the German Economy . I think it underwrites the other data that suggests the european economy is slowly recovering. Germany is leading the charge. You know, the ifo on has been stronger, the pmis have been stronger. But its a subdued recovery and its a recovery that isnt going to cause the ecb to be tightening policy anytime soon. Whats more important in terms of the ifo is the expectations data in terms of having an assessment about where gdp is going to be going forward. I think that was a bit more than expected. But i think the key theme is its a very
Whats different this year is q 4 doesnt have easter but this year it does so the comparables are tougher. I expect it to recover as we move into next summer. Alka tell luce sent is trying to shore up its Balance Sheet. And a settlement for sse capital. A deal will be signed today for the landmark case against the embattled hedge fund firm. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Good morning. We have some breaking news to share with you this morning. Lets just dive into the eurozone latest manufacturing pmi printout for october. Its risen to 51. 3. This is the latest in line with what we had from the flash number, 51. 3. So no change in the second reading effectively. It is slightly higher than the number that we had back in september, which was 51. 1. The output index has risen to 52. 9 consistent with the flash number. So these numbers coming in today shouldnt do much to shock the market too much. In terms of the output prices ind
Hes named the top two positions on his team and his picks are ruffling feathers with insiders and outsiders alike. Plus, during his campaign, donald trump promised to repeal obamacare, but is he softening his stance . The president elect now says there are certain provisions he would consider keeping. And it all comes as nationwide demonstrations continue in the aftermath of last weeks election. Trumps former Campaign Manager is calling on president obama and Hillary Clinton to calm the streets. Good morning to you, it is monday, november 14th, im betty nguyen alongside ali velshi and louis burgdorf. Donald trump has selected the two men to lead his white house. Rnc chairman Reince Priebus will be the new chief of staff, while trump for president ceo steve bannon will serve as chief strategist. The statement announcing the hires said the two will be working as equal partners. Priebus currently serving his third term as head of the Republican Party is a washington insider and close ally
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