this is the biggest percentage gain. since october 2008, the biggest point gain since 1994 and why did all of this happen? well, first of all because of the very positive risk sentiment that also came through from wall street but also because the japanese prime minister ignited hopes of further easing at a speech to investors where he outlined a plan for corporate taxes. the leader said now is the time to invest in japan. nancy, you have to wonder how sustainable the gains really are. that's what we usually see. huge gains and big losses the next day. >> absolutely. some speculation whether or not it's bargain hunting or if the gains can hold. especially as we get closer to the fed decision later in the month. >> the markets were boosted by strength in europe. traders came back really ready for business and every single market here had the second best day of the year. particular strength with the dow jones up 2.4%. nearly 400 points here and we saw buying across the board. all the sectors were in positive territory and t

but the nikkei wipes out the gains. >> the dow set for triple digit gains as u.s. stock markets reopened. they close after correction territory after the second worst trading week of the year. >> uber takes a road trip to china. the ceo doubles his growth plan after raising over $1 billion to fund the expansion. >> congress returns from its august recess with iran's nuclear deal at the top of the agenda. the senate debate begins today as president obama appears to have enough support to ensure the deal survives. >> let's have a look at u.k. futures. this follows a very disappointing week last week. they're also negative now. month to date, quarter to date, year to date but today in europe positive markets and that's feeding through to the u.s. futures. a 300 point open for the dow. 37 point positive open for the s&p and the has tnasdaq to openy about 88 points. the european markets are very strong indeed. in particular, germany up 2.2%. that follows some strong trade data out of germany earlier today in contrast to the weak trade data we saw out of china. if we add

, they no doubt have a chance to gain their -- there's also the chance to gain in china as well, although it remains to be seen because of so many issues going on with the chinese economy how much this impacts the demand and sales over in china. >> phil, prior to this scandal being unearthed there were already these family battles between some of the ruling stake holders in the volkswagen company. where does that stand now, and if we are seeing this ceo step down, who is now in power and

thanks to the long-term capital gains rate.uppose you let tax planning drive your decision-making when it comes to biotechs over the first 24 hour months of 2013 remember these stocks were eviscerated during the spring of 2014 t. gains, they evaporated almost overnight. you see what happened? if you held onto the high flying biotechs, just so you get the benefit of paying lower long-term cap gains rate, in that case, let's say you probably lost all your gain, now, i'm not saying you will give up your gains every time you hold on to a stock simply for tax reasons. i am saying you should never hold a stock that could have an iffy future, just so you can avoid paying the higher short-term capital gains rate. that's not because i have a problem with tax avoidance. tax avoidance is both legal and terrific. remember, we're not talking about a tax evacation. that's illegal. you own stocks because you believe they're going higher. you don't keep owning them solely in order to flex around with your tax bill when you think there may be p

well over a 1,000 point gain. that's the biggest one day gain since the financial crisis in '08.ally mode as well and u.s. equity futures are pointing to a big pop on wall street. elsewhere, united continental replaces it's ceo amid a corruption probe and the battle of the williams sisters. a star studded affair at the u.s. open last night as serena holds off venus to keep her quest for a calendar grand slam alive. it is wednesday, september 9th, 2015 and squawk box begins right now. ♪ >>> good morning, everybody, welcome to squawk box here on cnbc. i'm becky quick with joe concke and andrew ross sorkin. >> this was a scary scene yesterday. they aborted the takeoff. there were 159 passengers and 13 crew members that scrambled to evacuate losing the slides. there were only minor injuries reported. more on this coming up in a little bit. also more of our exciting kick off on the 20th anniversary of squawk box. our special g

one-day gain -- the biggest one-day gain since 2008.r raising its private guidelines like -- it's the guidelines by 20%. europe's response to the refugee crisis is set to dominate john carter -- dominic jean-claude juncker's speech. ahead of the open now 60 seconds away. i have futures high. monster 223s up a points. we will break out the european open. we will tell you what is happening in japan as well. right now it is caroline hyde. caroline: we are writing that wave that is come swelling over from asia into the united states. we're carrying it for an european trading. where writing the rally. -- we are writing the rally. china might be there to stabilize its market. the markets continuing to crescendo over in asia. japan, the best day in four years. asian doing the best in four years. asia doing the best in four years. metals getting a pop higher on the back of china. copper driv h

the biggest gain in something like 10 months. at one point, 7% gain in sydney.looking on the upside. market and commodity producers seeing currencies strengthen. property prices on the longest slide in a decade. here in hong kong, let's get a picture of what's going on. let's turn to some of the stories making headlines around the world. the european commission will reveal its plan or settling around 120,000 migrants. the nations are divided on whether to accept mandatory numbers. tens of thousands have migrated from the wars in syria. up to 12,000 of the refugees will be -- the iran nuclear deal is set to survive any attempt by republicans to halt it. presidential hopeful donald trump will host a rally opposing the deal as congress returns from summer recess. her vice president dick cheney is also a critic claiming against the run the means to launch a new their attack -- nuclear attack on the u.s. hillary clinton is apologizing for the first time for using a private e-mail server during her time as secretary is a. theking to abc, she says decision was a mistak

he is to be had when i be had to in iowa, new hampshire, to gain delegates in gain delegates and movend the fox debate in cnn debate, people make impressions. nicole: walker trying to stream everything for the gop. meanwhile, carly fiorina on the today show talking about russian president vladimir putin ahead of his visit to new york for the u.n. general assembly. feedback i wouldn't talk to them at all. donald trump is wrong. what i would do this immediately begin rebuilding the sixthly. every build the missile defense program in poland and conduct military exercises in the baltics. putin needs to see he faces strength and resolve and leadership for the united states of america. nicole: carly talking tough there. ted cruz on the late show sharing his feelings in marriage. at one point, some of the audience boost the texas senator. >> you want to change the marriage law? >> and asking what you want. >> i believe in democracy and i don't think -- >> guys, guys, however you feel, he is my guest, so please don't boo him. >> we should entrust governing our society to five unelected lawyer

does it hold the gains we saw today? but all roads lead to google no matter what. >> i'm melissa lee. see you tomorrow at 5:00 for more "fast money." meantime, do not go >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. "mad money" starts now. i'm cramer. welcome to cramerica. my job is not just to entertain you but to educate you. call me at 1-800-743-cnbc or of course tweet me @jimcramer. i've gotten older. you probably can't tell that because we have excellent makeup people who daily make me into brad pitt, if they have the time. otherwise they go all bradley cooper on me. i'm fine with either. i don't want the girl. i want the stock. but along with my aging has come a change in the way i look at things, a change in the way we talk about stocks on "mad money." we still like to highlight stocks pretty much every night. but we do so now within the broader framer of how to analyze stocks, how they fit in, how they can make you money and how they can hurt you. despite the

, minimal gains that we saw yesterday. let's take a look at what's happening with the european markets. before that, though, let me just read off the value. we looking at the s&p to see a drop, maybe 11 points when markets kick off. here's the reason why. two straight days of losses now for european benchmarks. the ftse 100 is telling us we're a lower buy. the german dax snapping the three-day winning streak we saw this week. so declines of .9% and that's the story across the rest of the european benchmarks because of a session that we saw in asia last night. it did turn positive. that's one positive piece of news to pick up on. let's check in on the euro stoxx 50 and what we're seeing across the rest of the markets and we're looking at losses maybe down .8%. >> let's have a look at some forex levels because we have seen the euro swiss franc break through 110. it's on lower risk aversion flows. i suppose you could say it's on risk aversion flows but continuing to trade like a safe haich. now the swiss franc being added to

onto gains. look at it over three days and you can see how we open higher and have been coming down to the unchanged line where we were yesterday. this is on the heels of a big gain yesterday and a decline on friday before the long weekend. pimm: taking a look at the chinese stock market, one the that she called the selloff and is calling for a rebound of about 4.5%. there are many companies in china are attracting what you might ascribe as value investors and you may be familiar with .his company this is a liquor company, down about 20% since june. it has been around the 17th century. scarlet: my guess is a value play in china is a little different in a value play in the states. pimm: let's look at oil and copper. 1.25%.rude, down about crude in europe following a decline and copper futures basically unchanged. risk on appetite still seems to be going on when it comes to treasuries because you have yields heilemann -- yield higher. earlier at itsld highest in almost one month, at 2.25%. you are

earlier highest of the gain in the s&p up 20. united airline ceo just music and to senior officials have resigned because of a federal investigation. the investigation is looking into whether united traded favors at the chairman of the port authority in new york and new jersey. the u.s. attorney is looking into whether the airline added money moving flights at the airport nearest authority chairman david hanson. cheryl: a lot more on that one. general motors is rethinking plans for a chevy volt. the company is to blame for national release of the next-generation bolts. now they will ship the altar fuel-efficient car to a handful of dates. demand has dropped drastically. the boat with a large battery and smaller gasoline engine was supposed to be shipped to dealers nationwide later this year. we will keep you posted. nicole: still working on sprucing up another. apple geeks will be keeping close tabs on the media event in san francisco. the stakes are always high for apple, but this year even more so. the company's volatile stock

the whole week, we saw these gains.his is late afternoon trading -- not so much on monday, but we are seeing this and we are seeing this swing of more than 5% just yesterday from the lowest point. the intraday trading and the top where we tried -- stop more than 5%. all of this despite we trade imports fell and exports fell and we have wrote concern which authorities are trying to prop up markets. angie: what impact is all this intervention having? shery: a liquidity crunch in chinese stocks. we are seeing authorities tightening position limits. we are seeing liquidity being out of chinese market and that is causing the volatility in trading because the volume is not there. 300 and thehe csi 500 futures, you can see here, this was yesterday. volume -- but then yesterday, 9% of the three-month from itsnd down 99% june peak. angie: gotcha. china had a good day, not so much for japan, right? shery: quite different because as chinese stocks were surging, japan or to close. that's already closed. closed. already it was plung

but the nikkei wipes out the gains. >> the dow set for triple digit gains as u.s.s reopened. they close after correction territory after the second worst trading week of the year. >> uber takes a road trip to china. the ceo doubles his growth plan afterai

and this is the path that i took when i went to meet shawn gaines. >> 29-year-old shawn gaines had spentof the last six years in the special management unit, awaiting trial on a first-degree murder charge that could land him on death row. >> i've lived here longer than i ever lived in one spot in my entire life even growing up as a kid so it's just, you know -- i have yet to call it home, but it is what it is. >> gaines may not have wanted to call it home, but his security threat ranking dictated it. he was segregated because he was once a major player in a violent arizona skinhead movement. >> i was the notorious leader of that skinhead group. my lifestyle was full of hate and violence. >> so with all of that hype, i was expecting shawn gaines to be a very intimidating character, but when i first met him, he wasn't. he looked a little bit more like a benign, pudgy teddy bear, and he was nice. >> i've taken up drawing. i can't quite say i'm an artist but i like to draw a lot and three times a year i draw a large stack of cards, and i donate them to the children's hospital. >> but gaines

julie: over here in the u.s., we are paring some of the gains and giving up some of the gains that weer in major averages. earlier, we were higher by almost one percent on the major averages. now that is .1 of 1%. the dow on an intraday level, you can see more dramatically the drop that we have seen up from the highs of the session. here he have the dow jones sort of blowing up as you look at, in particular, right now. this leg downward in stocks and it does not seem to be a particular catalyst causing things to give up against the we will keep digging to see if we can find one. take a look at my map, bloomberg terminal. you just saw mark looking at his and you see a lot more red. utilities, health care, consumer staples are dragging down the major averages from the highs of the session. however, materials and energy continue to be the best groups. it is interesting that energy is higher because oil is not. wti is falling that this applies report will show continued expansion and supplies. this applies report is not wednesday as it usually is because of the shortened holiday week it w

malaysia surging today, gaining 2%. we have oil prices overnight gaining. largest oilasia's exporter. they have seen gains. beateng it has taken a that's has taking -- has taken a beating. gaining for the past three sessions. we are seeing some weakness across asian currencies. organ sammy saying they are saying-- morgan stanley the rupiah is the most attractive currencies. back to you, john. jonathan: enjoy your afternoon in hong kong. that is the picture for asia and europe. here is what is coming up. craig elio speaks to bloomberg and it exclusive interview. what you can awake at night. later in the show, we will hear from the swiss national bank. plus the big corporate news. provider is cable buying cablevision at quite a premium. details next. ♪ you don't need me to tell you that it is bad day. who better to talk to than the man with the biggest hedge fund, rate down the. he spoke -- ray elio. rate: i don't care if they raise 25 basis points. i don't see the reason for. 2007, i was watching this incredible bubble happen. it was an asset bubble. it was

the new york yankees wasted a chance to gain ground last night.ys 6-3. alex rodriguez playing with a bruised. new york leads in the wild-card race. three games behind toronto. toronto lost atlanta three to two last night. coming up with a rundown global market action before we hand it over to maria bartiromo. stay with that. ♪ nicole: a final look at global markets. shanghai composite 4.9% after selling off the last few days led by technology does certainly help. hang seng was solitaire is it a shot, much of the same in europe. right now the ftse trading three quarters 1%, taking a cue from the u.s. yesterday we saw gains of more than 1% on each of our major averages. today slightly to the downside trend in a little bit lower down two tenths of 1% for the s&p 500. commodities gain in oil has helped the markets at 73 cents at 4532 a barrel and pulled up over five bucks. that is the environment when he ran as a renowned the fed. the euro weaker. the rest of the currency stronger. the greenback this morning. this estimate on the fed to find out wheth

it is already swung between gains and losses so far. it has a gain of 1% so far in that index. at japan and south korea. modest gains their at the moment. you what we have coming up. recent currency swings. what do they do for those people that want to export? ♪ rishaad: it is monday the seventh of september. this is trending business. we are watching chinese docs jumping. but asian widern the benchmark is heading towards its lowest closing in nearly three years. crisis center, beijing telling us it has stabilized the markets and that turmoil is all but over. there is a -- there is no systemic risk. a burning issue. the australian mining industry pens and owed to coal. a desperate attempt to fight off green energy. let us know what you think about our top stories. #as well.et that we have seen already volatility has started as far as shanghai goes very looking at the hang seng. moving into positive terrain. >> a rather positive day for investors as the shanghai composite and the hang seng both arrived with mainland markets. shanghai coming back on my. thanomposite rising more 1

we have seen that gain in a year that investors lost money. there is still a lot of money to be made on the short side. the japanese yen strengthening a bit today. we are seeing a weakness throughout the week. and stocks surging. you have seen less and less for safe havens. angie: china had another good day. beijing will continue to intervene. one impact will that have on the broader market? cheyenne: they have been propped up. trading was fairly regular throughout the day. we didn't see those streaks rise, the surges we have seen when there was speculation authorities had intervened. in index gaining the most four years, but veteran investor am demarco saying we may see surge of 4% before more declines for chinese stock. he predicted last month's selloff. take a listen to what he has to say. tom: we see the shanghai senging, we see the hang to 10,900. then another decline. the decline is something that may be drawn out. cheyenne: all of this intervention is having an impact on brokerages and securities. they are being asked to foot the bill f

futures point to gains on the open.hing in the next few hours we look at dow futures currently at 64 points pointing to a higher rope in. lauren: i say it's about time. oil has been the big markets during the past couple days. another seller for the price of crude oil down almost 2%. 4458 is your quote. sandra: a lot of people talking about cold lately. look at that this morning. up 30 cents at 1148 troy ounce. lauren: that she had the u.s. dollar is trading against key currencies. weakness of the euro, pound a japanese dollar. sandra: 2.15% this morning. lauren: exciting and volatile. traders try and keep up with the stock market twist and turns. the roller coaster video we've been showing you. let's get the thoughts of the managing director of the nyse operations for deep value execution services joining us from our newsroom. thanks for coming in earlier. >> good morning, guys. happy wednesday. tran for what like to be on the floor of the new york stock exchange? >> over my career i've been on the floor long time. it

it was up more than 30 0 but nice gains across the board. 1.6% gain for the nasdaq. you should be playing today's big rally after the break. a ♪ no student's ever been the king of the campus on day one. but you're armed with a roomy new jansport backpack, a powerful new dell 2-in-1 laptop, and durable new stellar notebooks, so you're walking the halls with varsity level swagger. that's what we call that new gear feeling. you left this on the bus... get it at the place with the experts to get you the right gear. office depot officemax. gear up for school. gear up for great. . >>> stocks are in rally mode this tuesday morning. after they were closed yesterday. the nasdaq is leading the charge up more than 1.5%, losing some of the early gains we got at the open. the dow was up more than 300 points, now up 238. it's a broad rally if you look at some of the groups that are doing well. some that were beaten up last week. remember last week was the second worst week of the year for stocks. it has been a tumultuous last week. and the word this morning that we've been getting

the s&p 500 imemployed open slook at gains of 8 points. dow jones up 63 points and expected to see gains of 13 points. let's check in on the dow charts. yesterday we did see a down session. lower than 1.5% at the end of it all and being weighed by a lot of names including technology heavyweight. apple now a dow component seeing a decline despite the roll out of a lot of new gadgets. a 12.9 inch new ipad pro that comes with a new $99 pencil. despite the roll out and financing schemes and apple tv and iphone 6s we were lower by the end of it. investors weren't all that impressed. >> they weren't. in the u.s. a lot of viewers are just waking up to the trading day and waking up to the show and they're seeing you on the show for the first time. welcome to worldwide exchange. great to have you on board. let's show you what european markets are doing after three days of impressive gains. a little bit of profit taking. in asia, the ftse 100 off by 0.8%. we're off the session lows. the xetra dax off by half of 1%. the apple supplier is not doing so

the largest points gain since 1994. largest single percentage day gain since the early 2000s. now let's flip the page and show you what's happening in us. markets. we're heading into next week which is very crucial when it comes to what the fed will be doing. their monetary policy at the 16th to 17th week meeting. we did see some gains this week. not much to write home about and people are wavering in terms of what news flow comes out in terms of how it's going to influence the monetary reserve but the talk has to do with the billionaire hedge fund manager. he told our colleagues state side on u.s. squawk box that he's getting cautious when it comes to equities. >> i'm not as bullish as i could be because i have problems with earnings growth and multiples. all kinds of problems. i don't i can't call myself a bull. however if you invest today in a stock market and people said in 5 years if earnings grow a little bit, 5.5% a year or something like that, you all make money. >> so also adding to that germany's finance minister raised a red flag over excess liquidity in the market

we're looking at a 337-point gain, a gain of 2% on the session so far.d.com announcing plans to buy back after $1 billion worth of its american depository shares over two years, they have lost a third of its market value since mid-june. amazon is working on a $50 tablet that will be available ahead of the holidays and teco energy hitting multi-year highs in deal news. amera plans to buy teco for $6.5 billion, teco shares trading at its highest levels since 2002. >> stocks at session highs and we're all over this real. the dow jones industrial average is up 336 points and gains in china overnight hand they keep throwing money at their problem. that's been a boost to the stock market. crude oil though, can't really figure out its way. it's down one penny right now but we have the final oil trade set to cross. let's get down to jackie deangelis to set us up for that close. >> 2:30 out of the close and we're vacillating around the flat line today and just around $46 a barrel. very key level. we're going to talk to you about what you need to watch for crude o

you can see gains today.e make this full-screen see you can see it better ever move my messages. in the last 10 years the average is been positive for tenths of a percent. over the last century it is been a loss. we started out with a loss of 3% yesterday. up about 1% today so a loss of about 2% there. you have not seen anything that bad but over the past few years you see 2011 was a bad year. more.own even as far as analyst recommendations go, they are having a tough time of it. one of its suppliers which makes chips for go processor doesn't have a positive outlook for q3 four wearable cameras. you see a downgrade their. re. price target was lowered at piper jaffray to $54 from $72. go pro is at its have some of it, down 30% year to date. take a look at apple. it is negative year to date as well. about 2.5% down for year to date. for the last 12 months is up 4%. apple is a little further away from making a car than we may think, more like 10 years rather than five years. it's only a 50%-60% chance it does ma

we are seeing the first gain in in four days. philippines, jakarta, malaysia, their secondea had quarter gdp numbers coming through today. up 2.4% on the year. where we are seeing some weakness is in australia very much impacted by weaker than expected retail sales today. some of those companies were already under pressure. mentioned, a you reprieve for investors. they have to look at what is happening in shanghai today. rishaad: right, look at the , getting up early after retail sales fell unexpectedly in july. let's get over to sydney because paul allen is there. .2% increase was what was slated. it was a nasty surprise, that retail sales number. weak,been traditionally and looks like we are going back to the bad old days in terms of sales. they reverse very strong gains back in june of 2.4%. this week retail sales number corresponds with a growth in household savings. it looks like australians prefer to pay off the debt rather than head down to the mall. that is not great news for the retailers. on the trade balance front, a s

then we let off about 1% of the gains. that sell off came as u.s. equities started to sell off and by the end of u.s. trade we eradicated about 1% of gains. so something happened over in the u.s. largely it was a descent jobs number. making people think we might hike rates in september. that's carried through today to the start of today's european trade. we opened about a percent down and strengthened over the course of the last hour. we're now down 0.5%. let's have a look at the individual markets and you can see how that plays out. ftse 100 down 0.4%. that was very strong yesterday. commodity sectors did good yesterday. germany down about a quarter of a percent and france and italy down 0.4 and 0.5%. yesterday was very strong, indeed. particularly japan up 7 p.7%. also for china. doing well because of hopes for further easing. that was the predominant easing for it. also because we had inflation data out of china. a bit of mixed data. consumer prices with 2% growth the fastest pace for 13 months but producer prices down 5.9% and that trend very we

since the committee met in july, the pace of job gains has been solid. the employment rate has declined. marketrall labor conditions have continued to improve. inflation, however, has continued to run below our longer-run objective. partly reflecting declines energy prices. we still expect that the downward pressure on inflation from these factors will fade over time. recent global economic and political developments are likely to put further downward pressure on inflation in the near term. to outlook abroad appears become more uncertain as of late. and heightened concerns about growth in china and other haveing market economies led to notable volatility in financial markets. , including the drop in equity prices, the further appreciation of the dollar, and the widening in risk spreads, have tightened overall conditions to some extent. the committee anticipates that inflation or remain quite low in the coming months. de,these temporary effects fa and importantly as the labor market improves further, we expect inflation to move gradually backwards to our

wall street kicks off with major gains this morning. happy tuesday. welcome back.iromo. it is tuesday, september 8th. with me, dagen mcdowell. wells fargo's gina martin adams and jpmorgan asset enrichment anastasia amoroso. top stories gear up for a major rally of 300 points higher. stocks, after a long weekend with hopes of more stimulus from china. features indicate a sharp gain with the dow jones industrial average to open up 300 points. the s&p 500 stronger by almost 40 points. that is almost 2% of all the major averages. crossing the wires right now, the latest reading on small business optimism edging higher last month. coming up will take a look at small business. crude oil is selling off as stocks move higher. oil now at $45 a barrel, down 2% the action they the action a ship taking things off overnight. stocks in china up on the session reviewing plans to introduce a circuit breaker for the markets to prevent panic selling. in japan, the nikkei down again citing 2% and the move in next release in the games for the entire year for the nikkei average showing

to gain as a currency, short the hong kong dollar.ong kong dollar will not be revalued against the u.s. dollar. that is out of the question. currencyinese continues to weaken, then there will be a lot of pressure in and kong on asset prices maybe the government chooses to cushion the declining asset class, which would be stocks and real estate, through lifting evaluating the hong kong dollar. you must have a neutral or fairly positive view of what happens in china's future. marc: i think china is from a cyclical point of view now in a very serious downturn. serious. , im a secular point of view think there is still a tremendous growth opportunity in china in the long run cyclically, they are going to have a hard time. scarlet: that was marc faber speaking with erik schatzker and matt miller earlier today. coming up, managing director of citigroup global markets talks about global oil prices. the biggest three-day rally in 25 years. following the biggest slighted tenures. tenures -- the biggest two-day drop since 2009. ♪ scarlet: welco

asx 200 gaining 1.5%. the energy sector leading the gains there. oil is very important for malaysia commodities. exporter rising 2.4%. they are headed for the biggest gains in two years. leadingl energy stocks the gains on the nikkei, rising 0.9%. we have trade data showing exports slowing in japan. back to you, rish. rishaad: japan not getting any economic relief from international trade. its trade deficit coming out wider than expected. exports slowing down for a second month. even on broke those numbers a little while ago. this just a day after s&p cut japan's rating. yvonne: exports, the big story. up reply 1% in august, but missing estimates. one big factor, the slowdown in china. it's the biggest trading partner for japan. shipments to the mainland fell 4.6%. imports were just as disappointing, making the trade deficit the lightest we've seen in months -- the widest we've seen in months. the appreciation of the yen against the u.s. dollar and the yuan in august did hit exports. some economists say the focus is now on how much growth will rebo

the composite top performer for the gain of 2%.

the nikkei benchmark logged a historical one-day gain as global markets trended up. the index rose by more than 1300 points. that's the biggest increase in more than 21 years. for details we go to our business reporter aiko nanao. >> this came as share movements in shanghai suggested the chinese government was trying to stabilize stock prices. here in tokyo it was all about bargain hunting. the nikkei had the biggest one-day gain since january 1994. it rose 7.7% closing at 18,770. the index reached its highest

traders are expecting a gain of 220,000 jobs. that would be the fourth straight monthly gains over 200,000. one key component is wage growth, which has been roughly stagnant, just about 2% a year. the big issue is that if any of this data is sufficient to turn the feds doves into hawks, now there are key players, like the new york feds william dudley, vice chair stan fischer and chair janet yellen who appear to be sitting on the fence. this is going to go right down to the wire on september 15th. the fed would not raise rates without a compelling argument that the u.s. economy is improving. good news on the u.s. economy would mean the u.s. is outperforming the rest of the world and would likely drive more investment into our market, including the stock market. this, at least, is the hope of the bulls. one thing the fed is certainly hoping for is that china remains calm. while the fed does not consider china part of its mandate, global turmoil is something they would clearly like to avoid. for "nightly business report," i'm bob pi

right now, we are seeing chesapeake gaining. it is small, but still a gain.t is interesting to see a stock like this putting up green arrows. $87.77 a share. fiat was down, 495 stocks on the s&p 500 are down, but ford is showing again today. story here is that investors have lost faith in f-150 production. we were seeing drops of 10% month after month for the f-150. the company said wait until we get production right, we have to get up to capacity, wait until we get cars on a lot because there is nothing to sell. finally, they have done that. ford sales overall up five points is percent even know we were looking for a drop -- overall up 5.6%, even though we were looking for a drop in the month of august. ford is probably the most exciting story because of the f-150 that a lot of people have been waiting for. we also have a lot of upgrades, solar is one of the upgrades we see today. solar is actually still green -- gaining, also only five cents at $87.89. -- also airlines because of airline fuel. a were down -- they are down now, but they were up this morning.

swinging between gains and losses all morning. not surprising given the chinese markets are back online after a holiday. the shanghai composite, the things i is in -- are in positive cap -- territory. that horth pointing out shares in hong kong are gaining for the first time in six days. the shanghai composite rising 9/10 of 1%. japanese stocks lacking clear direction as well. rising 1/10 of 1%. the japanese yen is weakening all morning after three weeks of youngth and remember -- mentioned the death cross for the shanghai composite. the index is climbing unchanged but it has formed a bearish indicator suggesting we could see further downsides. we are seeing declines in energy stocks there as well as in australia. it is filing for 10th of 1%. what is interesting is in australia the aussie dollar. i want to show you that because the australian dollar has been moving on this in lockstep with -- almost in lockstep with the chinese economy. when chinese stocks failed to turn positive, even with authorities trying to prop up prices. to

gaining 8/10 of 1%. rising more than 2% from a gained at one point -- it gained at one point more than it hasn't two years. we saw a surge in oil prices, malaysia being asia's largest exporter, they have seen the benefit of those arriving prices. threenggit again for consecutive sessions, we are seeing it weakening slightly. down for tenths of a percent -- down 4/10s of a percent. these two currencies have the most ahead of that fed rate hike. we are seeing morgan stanley saying though the ringgit is the most attractive emerging market currency. back to you guys. guy: that you very much, indeed. with a story out of asia. anna: sticking with asia, we have a rate decision from indonesia. later on in this morning, sometime after 2 p.m. local time. we will get a rate decision there. a good illustration really of the decision-making that is going on around the world by central bankers in countries where the currency boost has been moved around considerably, partly by what is happened in china as of late. we'l

nasdaq gaining

s&p gained eight-point at the s&p up 22 points. nicole: in other asian markets are posing some gains. the nikkei and the possibility of barrels. in making up a half of 1%. train for europe stocks open higher ahead of a central bank meeting. nice gains of more than 1.5% in london and paris and germany. nicole: key commodities, let's kick it off with oil. moving to the downside about a penny. looking at gold right now at 1132 h. rayon spirit lauren: this is how the u.s. dollar is trading against currencies ahead of the european central bank. the euro .12 versus the dollar as well as the japanese yen this morning. nicole: checking the 10 year yield. 2.19% right now. welcome to "fbn:am." looking at what is moving in today's markets, latest breaking news, what to expect the day ahead. lauren and i have you covered. lauren: we do. hillary clinton, former chief of staff cheryl mills will be questioned by the house committee today. the former aide to clinton plans to invoke his fifth amendment right not to testify before the committee. bri

tax on market gains. >> let's hope not.would be very anti growth. the republicans have chosen to nick donald trump, they have seen a success and the making this concept whereby maybe we got to get tough on china, protectionism's there's daylights out of investors. the equivalent of all-american setting about trying to get their own hair. free trade is what rich countries do. poor countries will themselves off. the fact that people are trying to act like trump is going to scare markets. maria: thanks for your insights. investors and technology enthusiasts gearing up for a big event at apple. we will tell you what to expect from tim quote's big announcement and continue the conversation and face book. what would you like to see if? let us know at "mornings with maria," what you would like to see on this program and click that like button for the latest updates on the show. we will be right back. stay with us. everyone loves the picture i posted of you. at&t reminds you it can wait. maria: panic on the runway after british air

we saw the sx 200 gain 2%. new zealand stocks gaining 1%. new zealand ahead of the meeting tomorrow. we are expecting the federal bank to cut 25 basis points. let me take you through the nikkei, because the rise was a stunning today. all sectors in green, every single stock on the nikkei surged today. after the index plunged to the ,owest since february yesterday, erasing all of this year's gains. that is back today. it is firmly in positive territory. today we are seeing optimism across asia and felt. also -- asia being felt. is gettingsafe asset -- look at that, the yen trading 120 spots. -- .6% declining. it is a different story for emerging market currencies. there gaining ground. --they are graining ground they are gaining ground. back to you john. jonathan: shery, great work. the nikkei to 25 of 7%. i want to get the investor take on what is happening in japan with i sucks share -- with ashok shah. shop, great to have you with us. -- as shock, great to have you ashok, how do you explain a monster move like that tackle -- like that? ash

kospi extending gains slightly in the positive. australia closed out one week high yesterday and another day in the positive. positive trading in asia tracks those gains in new york. u.s. stocks closed up wednesday. dow jones industrial average rose about 0.8% and nasdaq gained over half a percent. the energy sector led gains after we saw a big jump in crude oil prices after a fall in u.s. inventory. futures back to $47 a barrel. all in all stocks in the upside and gold and and what this suggests to me is that the markets are not pricing in expectations of a rate hike this month. >> a lot of things going on there at the same time. speaking of currencies we did see the dollar fall a touch after the u.s. consumer price data. give us levels right now. >> the dollar has been trading higher on the inflation figure. positive u.s. data earlier this month. the decline in inflation wiped out gains. pretty much stuck around 120.60. come that's it for now. we are back with an update. >> a lot of expectations. reporting live from the stock exc

ralph lauren shares are gaining sharply.ake a look at the bloomberg terminal, i'm using the rbc function which looks at the relative value. i sorted the 25 closest companies by revenue and look at them on earnings per share. here is ralph lauren. here's the p or group. you can see that it is lagging its peers in terms of estimated sales growth and earnings. it is expected to have a graph -- drop in earnings growth. you can see it is working better here. estimators -- analysts say this fiscal year should be unchanged. you can see why it might need some change of pace. ralph lauren shares are down 37%. interesting trading that we are seeing here. pymm: thank you very much. i noticed yet something more. , with thegoing to say gem and that has been selected to head that company, is formally from h&m. it is interesting his background in going to ralph lauren which is seen more as a luxury brand. whichms of the turnaround he executed, notably old navy, it looks like that is the expertise that ralph lauren looks to be drawing on. i

european equities giving up gains this morning.ey trade in the red after a choppy session seen in asia and oil still in retreat with brent below $50 per barrel. >> wti and brent crude down over 15% for 2015. but what if the dow tracked oil? robert has been crunching the numbers and this is how bad it would be. the index would be around 1,000 points below where it is now and between it's lows and highs there would have been a range of nearly 8,000 points. the dow's actual change this year is a little over 2,600 but the correlation between stocks and oil has been very interesting over the past couple of months. what's also been a big part of the discussion is the factors impacting the price of oil. not just the supply and demand equation but keeping into account the stronger dollar. when iranian oil will come back and the other big question is if saudi arabia will cut production. that's resulting in a lot of uncertainty as to where oil prices head from here. >> but also a lot of speculation as to whether opec members will be making d

areny case, oil and copper both gaining because of the promise of extended q he and because of the gainsin equity markets. copper at a three week high. you also see economies that produce this stuff. alcoa is up today. they have been getting slaughtered of late, but they are showing gains here in the u.s. markets here and i will toss it over to mark barton, who has always been helpful. how has it been going in europe? that is live television. it is all going well here. mario draghi telling investors today that the ecb can now buy a higher portion of each country's debt. stocks rose, the euro fell, government bonds are rising. breather.taking a no trading in china today and tomorrow. , cutting intentional the inflation forecast, cutting the gdp forecast as well, citing the emerging market, rousing a threat. european stocks rising for the second consecutive day. the euro fared in a was telling us how the east tv has taken on the new flexibility when it comes to buying each member's debt. that.t the euro falling against the .ollar, now down an astonishing fall today. i have been telling you

it was gaining this morning even as oil fell down.an see the biggest drop in oil in seven months after the last three days. we had the biggest gains in 25 years. today, we are down 6.5%. the $5.98 a barrel. gold is not doing incredibly .ell gold is only doing the best that it has done in one week. 11.40. and they are seeing the biggest gain in treasuries. it looks like there is nowhere to run and nowhere to hide. betty: nowhere indeed. thank you so much, matt miller with a roundup of what is going on in the economy in the jobs market, ever heard of boomerang employees? the chances are that you will. workers who returned to their former employer are becoming more commonplace. a survey of hr executives showed that 80% or more excepting of hiring former workers. joining us to discuss this hiring policy shift is mark crumpton. people withnt skills. sometimes it is easy to bring people that have work with you before back into the fold because you do not have to train them from ground zero. they can hit the ground running because they know