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Live from bloomberg studios here in london, i am anna edwards. Lets remind you what an amazing 24 hours it has been. We still have the Chinese Market falling as we said in our headlines. Lets put that into broader context. U. S. Futures, looking ahead to where we are heading in this. Tory perhaps things looking a little bit more positive as we move towards the morning. This is what the futures tell us at this very early stage. It says what we expect to see in the u. S. Market a little bit later on. Theyre in mind that we saw some stubs some substantial selling, the dow jones closing down by 3. 6 . The s p 500 down by 3. 9 . What a roller coaster ride it has been over the last 24 hours. We saw corrections on the s p. That particular index down by 3. 9 on monday. Andes of 7 over two days at one point in the trading day, down more than 10 from their highs in may. Lets put the trading day in the u. S. In some context for you. What yes ....
Lets get you up to speed. Heres caroline hyde. Caroline good morning. Stocks have soared in tokyo, with the topix posting its biggest gain in six years as Investors Show that japans economy trying less than expected last year. Chinas trade numbers for january underline challenges facing the economy. Exports fell and imports declined after a trade surplus of more than 63 million, the biggest on record. The figures suggest that the currencys depreciation has yet to boost competitiveness of chinese industry. It is president s day in the u. S. Stocks and bonds markets are closed. President obama will be at work, greeting leaders from Southeast Asian nations for their first u. S. Summit in california. Hsbc has decided to keep its Global Headquarters in london, claiming u. K. Is an important and globally connected econom ....
Prosecutors want to know more about the General Motors subprime auto loans. Gm is cooperating. Says russia now has 45,000 troops and hundreds of tanks on its border. The ukraine says they are making gains against russian official. Front, the corporate coach investors waiting for a sign of a turnaround and they have a glimmer of hope. Ae handbag maker reported smaller drop than expected, but michael kors is still eating coachs lunch. Julie hyman, what is coach doing right . They hired a new designer almost one year ago and the reception from the Fashion Press has been pretty good. It is not clear if customers will buy it. That will come in the next couple of months. Coach did post a drop in comparable sales of 17 , but 21 was predicted. 7 , butrevenue was down again, not as bad as predicted. For many dominant years and sort of rested on its laurels. The designs were getting kin ....
In two separate appearances today, he took aim at the fbi, immigrants, the russia investigation, practically everyone except for the man he always has a kind word for, Vladimir Putin. Here are just a few of the highlights. Well, its a shame whats happened with the fbi, but were going to rebuild the fbi. It will be bigger and better than ever. When you look at what they did with respect to the Hillary Clinton investigation, it was rigged. How was your call with Vladimir Putin . It was great. He said very nice things about what ive done for this country in terms of the economy. As we have witnessed recently, america faces grave threats. Both terrorists came to our country throughout dysfunctional immigration system to have a lottery. You pick people. Do you think the countrys giving us their best people . No. They give us ....