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Worldwide exchange. On cnbc, im sara eisen. And im wilfred frost. Good morning to you. Lets get straight to the markets this morning. Yesterday, we saw the s p flat and the dow down. In unison by the tune of 0. 5 , 0. 6 . That equates for about 28 points for the dow. 14 points for the s p. And about 125 for the dow. Ticking down fractionally at 177 this morning. New data overnight out of china showing consumer inflation for a third month in a row, producer deflation did ease and china managed to close with a gain just barely in the green. The big move came in japan overnight, a. 2 move in the nikkei. Saying the government will intervene if the yens one sided rise they used the word intervention for the second time recently. It was a very explicit threat to the currency market to stop buying the japanese yen which actually has stopped. The last few sessions or so moderated. We saw a bigger move. A half a percent this morning. That weaker yen going a long way to help japanese stocks and ....
Watch the tenyear, near 2. 3 now. Fedex does miss expectations, cuts guidance. Shares are down sharply in the premarket. Well have a cnbc exclusive with hewlettpackards meg whitman. And the stage is set for what could end in the merger of the worlds two biggest beermakers. First up, so much going on one day after that rally on wall street. The fed kicking off that twoday meeting today with a decision on rates due tomorrow. Possibly the first rate hike in about nine years. One barometer of the economy, fedex missing with Quarterly Earnings and cutting its full year guidance. Sabmiller receiving a takeover approach from Anheuser Busch inbev. You have been busy. This is not something we have been unaware of. Many of us have been chasing it so a certain extent. Well get into more detail later, that Anheuser Busch, they d ....
Policy again. And coming up within the last hour. A big story today, pope francis is celebrating mass before thousands of people in cuba. The start of a i trip that will include a visit to the united states. Cbs reporter adriana diaz is in havana to bring us reports from the activities and catholics in cuba. Good morning. Reporter good morning, anne and phil. The pope is following a full schedule today. Hell meet with local clergy, young people and raul castro. He wrapped up the mass in front of huge crowds. As he steps on cuban soil, pope francis received a heros welcome. He received flowers, trumpets and canon. At the airport, francis emphasized his dedication to renew u. S. Relations and encourage those in power to continue down the road, he said, a road he helped build after hosting secret meetings between the u. S. And cuba the at vatican. She praised the pope for his role. I want to thank him for that. He brought back unity, she said. The 79yearold devout catholic received commun ....
States utah. This is one of the worst disasters in the history of the state. Way more than water we have ever seen. The deadly fire in Northern California is still burning. I cant fathom this has happened. This is a movement we are going to make our country great again. Tonight the republicans hold their second president ial debate. Biden is taking aim at trump. This message has been tried on america before. We have always overcome in. Police investigating the attack of a viking fan outside of levi stadium after the 49ers and Vikings Football game. Vicki gardner shot on live tv breaks her silence. The only thing i could think of was play dead. I just fell to the ground as though, i had been hit. A highway arrival for 12 Cuban Migrants. Their makeshift sailboat making it to miami beach. A tv news station whoa a fre ....