This is appointing to how things open in a half hour. Down, way down. This is Dow Jones Industrial average futures. Its a look how things are going to work out 29 minutes from now. Were going to be down around 675, thats a significant 4 drop, its huge. Look at the price of oil. Fresh 6 1 2 year low, 39. 03. Now at 38 again. And that, go en, is a huge selloff, but i want to trigger right at the start and get into the drop in china. Look at these declines in asia. Starting with the shanghai at the top down, 8 1 2 . Hangsang index, hong kong, japan down 4 and south korea 2 . Mary kissel is right here. All right, china, there are reports theres speculation that the government in beijing has lost control and thats scary. Well, i dont know about that, stuart. Look, china may have been the trigger for a reality check for the markets. What has happened over the last six years, you had very low Interest Rates that let governments all over the world and china were particularly big spenders, seve
Gold all muted but anything goes as abuse headlines crossbreed david there are so many. The morning brief. But anything goes across of the headlines. David bank there are so many. At 2 00, the Federal Reserve will release its beige book looking at the u. S. Economy. An update of headlines outside of the Business World with taylor riggs. Taylor starting with a hurricane, the most powerful to form in the Atlantic Ocean is preparing to hit florida. Passedricane of irma over the caribbean street it could hit south florida this weekend. A worstcase scenario have it destroyed so much property that damages would surpass Hurricane Katrina a that was the most expensive Natural Disaster in u. S. History. The south korean president is seeking Vladimir Putins help for north korea and they met and not stop,rth korea is the situation could turn uncontrollable. Putin said there is no need to back a north korea in a corner. President trump has left a door open for little bit to end daca. Last night co
Daybreak europe. . Are you a believer . . Do you believe in the great Global Equity market rally . The all world index hits a new record, the first in 18 months. Driving theses markets. The s p has had the longest winning streak in 18 months. Run since donald trump was elected president. In terms of the voices from executives around the world, a record 51 are optimistic on the course. World, and msci Small Businesses are the most optimistic since 2004. Investors inspect 23 of infliction inflation at a fouryear high. Janet yellen told the market that she faces the risk of not being fast enough, the market added 380 points. It carries through across the complex. Even those the stock markets vix, i yesterday, the want to draw your attention to this, a real volume trend in the market. The volatility index is rising by 11 yesterday. 11. 97, thats a move you want to keep in ion. Down. 25 . Is yields are negative for the First Time Since 2013. One commentator saying weve passed the cyclical p
A bit. No real direction here. Julie hyman has the latest. Perhaps investors waiting for the jobs report. I think that is a safe that, people waiting for the next shoe to drop or shoe to kick or two helpings or hurt things. Penny on what the numbers show. A tightave been in range throughout the day. It is interesting. You see the tao of 2 10 of 1 . What you see largely today is the smaller stocks have been outperforming blue chips. You look at the s p midcap index, smallcap index, the russell now falling back a little bit here are largely today, we have seen an outperformance from the smaller stocks. Throughoutp itself, the session we have seen an amount of housing around and you can eat here crossing above and below many times throughout the day. It has been a jerking a long kind of day. It has been. And commodities, it is not just about oil today. It is not just about oil but oil itself has seen a lot of volatility today. All over the map as well. Similar to what we are seeing in sto
You can see were about two points, a little less than that, above that number right now. I know well be watching for the next hour. Yes, we will. Thats for sure. An hour from now, all eyes will switch to another batch of key earnings. Take a look who were hearing from, facebook, at t, qualcomm, all out with their numbers. And our Julia Boorstin will be speaking with facebooks chief operating officer Sheryl Sandberg immediately after the earnings are released. Stay tuned to find out what she has to say. Leaning in with Sheryl Sandberg, coming up. Another twist in Rupert Murdochs efforts to buy time warner. We now may know just how high hes willing to go to win the bidding and reshape his media empire. Or do we . Could murdoch just be posturing . He named a number today. We have david faber with a brand new detail coming up on that in just a few minutes. Yeah, shares of that company, by the way, have been under pressure today. Yep. Heres where we stand across the Broader Markets. Moving