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That shinzo abe could cut Corporate Taxes to offset a planned sales tax hike. Chinas microblogging alternative to twitter boost shares of the Internet Firm in after hours and beats the street by a mile thanks to a new tieup with alibaba. Good morning, everyone. Yes, youre watching worldwide exchange. It is we are about one hour into a brandnew trading day and the stock europe 600 is seeing modest gains over. 3 . This is the fourth straight session in which we are seeing gains for the european markets. We are currently at a 2 1 2 month high. This is a look at the individual indexes, all trendin...

Everything went wrong that could go wrong for stocks, which is why the dow plunged 225 points. S p plummeted 1. 43 . The nasdaq nosedived. To understand what triggers a selloff of this magnitude, you have to recognize that this market has multiple inputs and at times, these inputs flash bright red. Today was, indeed, a bright red day. Lets go through the information that the market uses to determine prices on any given day, because i want you on the same page as me, understanding this stuff. First is what we call the macro, thats broad sets of Economic Data that trigger reaction of the stockma...

Cautiously optimistic on higher freight rates. Brent hovers near 110 aed my amid fears over tensions in egypt after they call for prayers today. Good morning, everyone. Youre watching a brandnew edition of Worldwide Exchange on this final trading day of the week. We are pretty flat one hour into the trading day after those big declines in yesterdays session. Not just on the european markets and also in terms of the u. S. And asian session. We have upbeat earnings reports from the likes of Moeller Maersk. Look at the shares right in the bottom lefthand corner, you see Moeller Maersk, the bigges...

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...

President of iran but not the gop. And today he insisted the republicans are, quote, just messing with me. Is all this bickering what sent the markets into a deep selloff . The dow finished 185 points lower even as investors expect janet yellen to take over the fed. Those stories and much more coming up in the kudlow report beginning right now. Its 7 00 p. M. Here at cnbc worldwide headquarters and we are live on the kudlow report. The big story right now, the house voting today to keep the government running through mid december, locking a sequester savings and defund obama care. It was large...