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Banks and commodity stocks weighing. The nikkei dropping more than 2 . The index is down more than 10 since the beginning of january. In the u. S. , stocks coming off a wild session. The dow traveling more than 1,000 points yesterday during a very choppy session. This despite a relative ly leve trading range of 256 points. A big move yesterday. Sharply higher open for the dow jones. The s p opening higher as well as the nasdaq. Mike, Deutsche Bank says theyre going to buy back senior debt, potentially. Why would that move the u. S. Markets . Why would that help Deutsche Bank with its capital . You have a bid in the market, especially in the bank stocks, right in the afternoon when you got that report. Clearly the market likes it. It signals Deutsche Bank can do this, that it has the liquidity to buy back the debt. Its almos ....
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