^N225 - Nikkei 225

Osaka - Osaka Delayed Price. Currency in JPY
21,193.81
0.00 (0.00%)
As of 3:15PM JST. Market open.
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Previous Close21,193.81
Open0.00
Volume0
Day's Range21,193.81 - 21,193.81
52 Week Range18,948.58 - 24,448.07
Avg. Volume66,503
  • Asia Stocks to Slip as Yields Drop on Growth Worry: Markets Wrap
    Bloomberg2 hours ago

    Asia Stocks to Slip as Yields Drop on Growth Worry: Markets Wrap

    (Bloomberg) -- Asian stocks looked set to decline as Federal Reserve Chairman Jerome Powell warned the downside risks to the U.S. economy have increased and doubts emerged on progress toward a trade deal with China. Treasuries rose and U.S. equities retreated.Futures pointed lower in Japan, Hong Kong and Australia. The S&P 500 Index fell 1% as Powell reiterated the case for looser policy, but stopped short of signaling a cut was imminent. Tech shares were under pressure as a senior Trump administration official told Bloomberg the U.S. won’t accept further conditions on tariffs as part of reopening negotiations and no detailed trade deal is expected from the G-20 leaders’ summit. The dollar rose and 10-year Treasury yields closed below 2%.“My biggest concern here is that people think higher tariffs, or the threat of higher tariffs, can be offset by the promise of lower rates,” David Kelly, chief global strategist at JPMorgan Asset Management, told Bloomberg TV. “That’s not going to work.”Investor caution is returning ahead of a meeting between Presidents Donald Trump and Xi Jinping set for Saturday. The U.S. is willing to suspend the next round of tariffs on an additional $300 billion of Chinese imports while Beijing and Washington prepare to resume trade negotiations, people familiar with the plans said. Markets are betting the Fed will produce deep cuts to interest rates this year, and comments by officials Tuesday highlighted investor sensitivity to any hints that may not happen.Elsewhere, West Texas oil rose as an industry report suggested U.S. crude stockpiles continue to shrink. Bitcoin extended its gains through $11,000.Here are some key events coming up:New Zealand decides on monetary policy Wednesday, with economists expecting no change to rates.The Group of 20 summit is in Osaka, Japan on Friday and Saturday.These are the main moves in markets:StocksThe S&P 500 Index fell 1%.Futures on Japan’s Nikkei 225 declined 0.2% in Singapore.Hang Seng futures slipped 0.3%.Futures on Australia’s S&P/ASX 200 Index lost 0.5%.CurrenciesThe yen was at 107.18 per dollar.The offshore yuan held at 6.8841 per dollar.The Bloomberg Dollar Spot Index rose 0.1%.The euro bought $1.1368.BondsThe yield on 10-year Treasuries declined two basis points to 1.99%.CommoditiesWest Texas Intermediate crude rose 1.5%to $58.77 a barrel.Gold was at $1,423.55 an ounce.\--With assistance from Sarah Ponczek and Randall Jensen.To contact the reporter on this story: Adam Haigh in Sydney at ahaigh1@bloomberg.netTo contact the editors responsible for this story: Christopher Anstey at canstey@bloomberg.net, Cormac MullenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • U.S. Stocks Slide Amid Fed Talk, Trade Tensions: Markets Wrap
    Bloomberg4 hours ago

    U.S. Stocks Slide Amid Fed Talk, Trade Tensions: Markets Wrap

    (Bloomberg) -- U.S. stocks fell the most in more than three weeks as Federal Reserve Chairman Jerome Powell warned the downside risks to the economy have increased and Trump administration officials signaled a trade deal at the Group of 20 meeting is unlikely. Treasuries and the dollar advanced.The S&P 500 fell for a third-straight session, the longest streak since May 9, as Powell reiterated the case for somewhat lower interest rates, but stopped short of signaling a cut was imminent. Markets have been pricing in a reduction of nearly 50 basis points in July. St. Louis Fed President James Bullard said a cut of that magnitude seemed unwarranted.Tech shares led losses, with the Nasdaq 100 falling more than 1.7%, after a senior Trump administration official told Bloomberg the U.S. won’t accept further conditions on tariffs as part of reopening negotiations and no detailed trade deal is expected from the leaders’ summit.The two-year Treasury was little changed around 1.73%, while the 10-year dropped below 2%, a level that until last week it hadn’t breached in three years. The dollar rose for the first time in six sessions.With stress between the U.S. and Iran building and the White House apparently playing down hopes of a trade breakthrough when Trump and China’s Xi Jinping meet this week, investors have edged away from risk assets following the recent central bank-fueled rally. The market has been betting the Fed will produce deep cuts to interest rates this year, and comments by officials Tuesday highlighted investor sensitivity to any hints that may not happen.There’s “the short-term headlines related to people watching the G-20 and the potential for any news related to the US-China negotiations. That’s one piece that in the shorter run is making the markets a little uneasy. The other one is related to the geopolitical tensions with Iran,” said Omar Aguilar, the chief investment officer for equities at Charles Schwab Investment Management. “The bigger picture still drives the markets, which is we have lower interest rates coming up and the market continues to place a big bet on a July rate cut by the Fed.”Elsewhere, Drugmaker Allergan surged after agreeing to be bought by AbbVie Inc. Bitcoin extended its gains through $11,000. West Texas oil edged lower as investors weighed escalating tensions between the U.S. and Iran against the possibility of OPEC+ extending production cuts.Here are some key events coming up:MSCI Inc. announces results of its 2019 Market Classification Review on Tuesday, including whether Kuwait gets upgraded from frontier to emerging-market status.The Group of 20 summit is in Osaka, Japan on Friday and Saturday.These are the main moves in markets:StocksThe S&P 500 Index fell 0.95%, the biggest decline since May 31, as of 4 p.m. New York time.The Stoxx Europe 600 Index dipped 0.1%.The MSCI Emerging Market Index sank 0.8%.The MSCI Asia Pacific Index decreased 0.4%.CurrenciesThe Bloomberg Dollar Spot Index rose 0.1%.The euro dropped 0.3% to $1.1370, the first retreat in a week.The British pound declined 0.4% to $1.2696.The Japanese yen climbed 0.1% to 107.16 per dollar.BondsThe yield on 10-year Treasuries declined three basis points to 1.99%.Germany’s 10-year yield fell two basis points to -0.31%, the lowest on record.Britain’s 10-year yield dipped two basis points to 0.794%.CommoditiesWest Texas Intermediate crude was little changed at $57.89 a barrel.Gold increased 0.6% to $1,426.50 an ounce.\--With assistance from Cormac Mullen and Samuel Potter.To contact the reporters on this story: Randall Jensen in New York at rjensen18@bloomberg.net;Sarah Ponczek in New York at sponczek2@bloomberg.netTo contact the editors responsible for this story: Samuel Potter at spotter33@bloomberg.net, Yakob Peterseil, Jeremy HerronFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Futures Weighed by Geopolitical Tensions, Upcoming Fed Speeches in Focus
    FX Empire11 hours ago

    Futures Weighed by Geopolitical Tensions, Upcoming Fed Speeches in Focus

    The global equity markets were mostly lower ahead of the opening bell as investors digested tensions between Iran and the US. There are two Fed member speeches today that stand to move the markets, depending on the message conveyed.

  • TheStreet.com12 hours ago

    Dow Futures Flat, Dollar Sips as Trade Concerns Trim Risk Appetite Ahead of G20

    U.S. stock futures retreat, dollar wanes as investors peel back from recent equity market highs and take a defensive stance on risk ahead of this weekend's G20 Summit in Japan. Global oil prices edge lower following yesterday's sanctions on the Iranian leadership and suggestions that the U.S. military presence in the Gulf could abate over the coming months. U.S. equity futures drifted lower Tuesday, setting up the S&P 500 for its first three-day decline since early May, as investors peel back from recent record highs and take a defensive stance on risk ahead of this weekend's G20 Summit in Japan.

  • Asian markets pull back ahead of Trump-Xi meeting at G-20
    MarketWatch19 hours ago

    Asian markets pull back ahead of Trump-Xi meeting at G-20

    Asian markets fell Tuesday, as investors awaited a meeting between Presidents Donald Trump and Xi Jinping later this week.

  • Asian Investors “Uncomfortable” After U.S. Official Dampens Positive Sentiment Ahead of Trump-Xi Meeting
    FX Empire20 hours ago

    Asian Investors “Uncomfortable” After U.S. Official Dampens Positive Sentiment Ahead of Trump-Xi Meeting

    The early sentiment in Asia indicates that sellers have gained the upper hand. It’s not a bearish tone, per se, but rather one being dictated by long liquidation by those investors who want to avoid the pain of another steep sell-off, and aggressive short-sellers betting on the worst outcome.

  • Reuters22 hours ago

    Japanese shares dip but losses limited ahead of G20

    Japan's Nikkei share average edged down on Tuesday amid brewing U.S.-Iran tensions and with a stronger yen weighing on exporters, but losses were limited ahead of a G20 summit, which could determine near-term risk appetite direction. U.S. President Donald Trump and Chinese Xi Jinping are expected to discuss trade issues on the sidelines of the June 28-29 G20 summit in Japan. "It's a quiet market in which sellers are few and sparse ahead of the Trump-Xi meeting at the G20," said Takashi Hiroki, chief strategist at Monex Securities.

  • Gold soars to six-year high, stocks slide after Powell speech
    Reuters23 hours ago

    Gold soars to six-year high, stocks slide after Powell speech

    Gold soared to an almost six-year high on Tuesday on escalating U.S.-Iran tensions, while equity markets slid on disappointing economic data and uncertainty on whether the Federal Reserve will cut interest rates in July as has been expected. Fed Chairman Jerome Powell said in a speech the U.S. central bank is insulated from short-term political pressures as policymakers wrestle with whether to cut rates amid slowing growth as President Donald Trump has demanded. Equity markets have rallied this month in anticipation that Fed policymakers would cut rates, but Powell's remarks cast doubt on those expectations when he referred to the Fed's independence.

  • U.S. Stocks Fall; Treasuries Rise, Dollar Drops: Markets Wrap
    Bloomberg2 days ago

    U.S. Stocks Fall; Treasuries Rise, Dollar Drops: Markets Wrap

    (Bloomberg) -- U.S. stocks edged away from records as investors weighed expectations for easier monetary policy against concerns about a slowing global economy. Treasuries gained, while the dollar dropped.The S&P 500 fell for a second session, stalling below last week’s all-time high that was fueled by the prospect of rate cuts. Health-care paced losses as Bristol-Meyers Squibb Co. tumbled after the company said it will strip out a top drug from its merger with Celgene Corp. to get regulator approval. Energy producers dropped in the wake of new U.S. sanctions on Iran. The Russell 2000 Index slumped.Investors in risk assets have continued to shrug off signs of an economic slowdown and focus on the increasingly dovish tone at central banks around the world. That attention will intensify Tuesday when Fed Chair Jerome Powell discusses monetary policy. But sentiment could be at a crossroads as the conflict between the America and Iran has ramped up, and the meeting between China’s President Xi Jinping and Donald Trump this week at the Group of 20 conference in Japan presents a pivot point for trade relations between the two countries.The 10-year Treasury yield dropped to 2.02%, while West Texas crude rose toward $58 a barrel. The euro touched a three-month high against the dollar even as data showed that a slump in German business confidence deepened in June.It’s “a pretty good guess that we won’t see a whole lot of movement in front of the big upcoming meetings (G20 and OPEC),” wrote Matt Maley, equity strategist at Miller Tabak & Co. “Given the meeting between President Trump & President Xi at the one and the impact the situation with Iran could/should have on the other, the results of those meetings should be quite important to the stock market’s next move.”Elsewhere, gold extended its advance above $1,400 an ounce, while Bitcoin surged toward 11,000.Here are some key events coming up:Fed Chairman Jerome Powell speaks at the Council on Foreign Relations in New York Tuesday. He’ll discuss the challenges facing the U.S. economy.MSCI Inc. announces results of its 2019 Market Classification Review on Tuesday, including whether Kuwait gets upgraded from frontier to emerging-market status.The Group of 20 summit is in Osaka, Japan on Friday and Saturday.These are the main moves in markets:StocksThe S&P 500 fell 0.2% as of 4 p.m. in New York.The Nasdaq 100 Index dropped 0.3%, while the Russell 2000 Index slid 1.3%.The Stoxx Europe 600 Index decreased 0.3% to the lowest in a week.The MSCI Emerging Market Index advanced 0.1%.CurrenciesThe Bloomberg Dollar Spot Index dropped 0.1%. The euro rose 0.2% to $1.1388, the strongest in almost 14 weeks.The British pound was little changed at $1.2736.The Japanese yen was little changed at 107.31 per dollar.BondsThe yield on 10-year Treasuries dipped four basis points to 2.02%.Germany’s 10-year yield declined two basis points to -0.31%.Japan’s 10-year yield advanced less than one basis point to -0.154%.CommoditiesWest Texas Intermediate crude rose 0.6% to $57.78 a barrel.Gold climbed 1.5% to $1,421.60 an ounce, reaching the highest in almost six years.\--With assistance from Anchalee Worrachate, Yakob Peterseil and Vildana Hajric.To contact the reporters on this story: Randall Jensen in New York at rjensen18@bloomberg.net;Sarah Ponczek in New York at sponczek2@bloomberg.netTo contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Randall JensenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Asian stock markets tick higher as China confirms Xi headed to G-20
    MarketWatch2 days ago

    Asian stock markets tick higher as China confirms Xi headed to G-20

    Asian stock markets put up mild gains Monday, with cautious bullish optimism emerging for a thaw in U.S.-China trade talks.

  • Futures Rise Alongside Bonds and Oil Prices
    FX Empire2 days ago

    Futures Rise Alongside Bonds and Oil Prices

    US equities are set for a modestly higher open while global equities are mixed to start the new week. The focus for equity traders will be on a meeting between Trump and Xi that takes place later this week.

  • TheStreet.com2 days ago

    Dow Futures Rise, Global Stocks Edge Higher, as US-China Trade Detente Nears

    U.S. stocks look to extend gains this week, and possibly re-test all-time highs, as investors bet on both central bank support and a breakthrough in trade talks between Washington and Beijing. Global gains were tempered, however, by rising military tensions between the U.S. and Iran, as well as the threat of "significant" sanctions on Tehran following last week's downing of an unmanned U.S. military drone. Global oil prices edge higher as Secretary of State Mike Pompeo heads to the Gulf for talks with U.S. allies and prepares to announces Tehran sanctions.

  • Global stocks mostly flat ahead of G20; dollar slips
    Reuters2 days ago

    Global stocks mostly flat ahead of G20; dollar slips

    Global equity markets traded mostly flat on Monday as investors awaited U.S.-China trade talks the end of this week at the G20 summit, and the dollar fell to three-month lows on bets the Federal Reserve may cut interest rates more than once this year. European stocks stumbled on fears of an escalation in Iran tensions, which also kept gold prices near a six-year high. U.S. President Donald Trump targeted Iranian Supreme Leader Ayatollah Ali Khamenei and other Iranian senior officials with new sanctions on Monday.

  • Reuters2 days ago

    Japanese stocks edge higher but gains limited as markets brace for G20

    Japan's Nikkei edged higher in cautious trade on Monday as investors looked ahead to this week's G20 summit amid a backdrop of rising trade and geopolitical tensions. Analysts said investors were on the sidelines ahead of an expected meeting between Chinese and U.S. leaders on the sidelines of the G20 summit on June 28-29 in Osaka, Japan. China's President Xi Jinping will attend the G20 summit, state-run Xinhua news agency said on Sunday, giving the first official confirmation of his attendance at a gathering where he is expected to meet U.S. President Donald Trump.

  • Reuters2 days ago

    Nikkei edges higher as markets braced for G20, focus on Xi-Trump meet

    Japan's Nikkei edged higher in cautious early Monday trade as investors looked ahead to this week's G20 summit amid a backdrop of trade and geopolitical tensions. Analysts said investors may keep to the sidelines as they focus on a possible meeting between Chinese and U.S. leaders on the sidelines of the G20 summit scheduled on June 27-29 in Osaka, Japan. China's President Xi Jinping will attend the G20 summit, state-run Xinhua news agency said on Sunday, giving the first official confirmation of his attendance at a gathering where he is expected to meet U.S. President Donald Trump.

  • Uniqlo Owner Considers Paying Star Employees $280,000 After 3 Years
    Bloomberg2 days ago

    Uniqlo Owner Considers Paying Star Employees $280,000 After 3 Years

    (Bloomberg) -- Asia’s largest retailer is hoping that a $280,000 annual salary and a managerial title in three years will lure top talent as it grapples with one of the tightest labor markets in Japanese history.The salary being considered by Uniqlo owner Fast Retailing Co. would be more than three times the average pay at the company, and nearly 10 times the national average in Japan for those with similar employment tenures.The higher pay is meant to draw in talented people to Fast Retailing and is being considered by Chief Executive Officer Tadashi Yanai, the company said. He is mulling putting the higher salaries into effect next spring. The effort follows a move earlier this year to raise compensation for some new hires.The company is considering promising young talent a move into management within three years with annual salaries of 20 million to 30 million yen ($279,329) for those sent to the U.S. or Europe, and more than 10 million yen for those in Japan, according to a Nikkei report from an interview with Yanai.As Japan struggles with an aging population and a shortfall of young workers, businesses are dismantling previously sacred cultural norms, like the correlation of pay with experience, and the notion of lifetime employment. Tech companies in Japan have made similar moves to draw in young talent, promising million dollar salaries and raising starting pay by 20 percent for top candidates.The average Fast Retailing annual pay was about 8.77 million yen as of August 2018, according to company filings. The lowest salary at the company was about 4 million yen a year, the Nikkei report said, citing previous data from the company’s recruiting website. Nationally, the average annual salary for workers with up to four years of work experience was 3.1 million yen in 2017, according to figures compiled by the National Tax Agency.Fast Retailing assigns most fresh recruits to work in Uniqlo stores, but under the new system, more will be sent to specialized departments that suit their skills in areas including information technology and design, according to the Nikkei report. The company will then choose candidates for managerial positions in Japan and overseas after three to five years.\--With assistance from Ryan Lovdahl.To contact the reporters on this story: Lisa Du in Tokyo at ldu31@bloomberg.net;Chikafumi Hodo in Tokyo at chodo@bloomberg.netTo contact the editors responsible for this story: Shamim Adam at sadam2@bloomberg.net, Dave McCombs, John McCluskeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Stocks mostly flat ahead of G20; dollar slips
    Reuters2 days ago

    Stocks mostly flat ahead of G20; dollar slips

    Global equity markets traded mostly flat on Monday as investors awaited U.S.-China trade talks the end of this week at the G20 summit, and the dollar fell to three-month lows on bets the Federal Reserve may cut interest rates more than once this year. European stocks stumbled on fears of an escalation in Iran tensions, which also kept gold prices near a six-year high. U.S. President Donald Trump targeted Iranian Supreme Leader Ayatollah Ali Khamenei and other Iranian senior officials with new sanctions on Monday.

  • Financial Times3 days ago

    Apple weighs 15-30% capacity shift out of China amid trade war

    Apple has asked its major suppliers to evaluate the cost implications of shifting 15-30 per cent of their production capacity from China to south-east Asia as it prepares for a fundamental restructuring of its supply chain, the Nikkei Asian Review has learnt. Apple has decided the risks of relying so heavily on manufacturing in China, as it has done for decades, are too great and even rising, several people told Nikkei. “With or without the final round of the $300bn tariff, Apple is following the big trend [to diversify production],” giving itself more flexibility, the person added.

  • U.S. Stocks Drop as Iran Tension Slows Risk Rally: Markets Wrap
    Bloomberg5 days ago

    U.S. Stocks Drop as Iran Tension Slows Risk Rally: Markets Wrap

    (Bloomberg) -- U.S. stocks closed lower after touching record highs as an escalation of tensions with Iran cooled this week’s rally in risk assets sparked by dovish central banks. Oil surged.The S&P 500 fell for the first time this week even after hitting a fresh intraday high, while the Dow Jones Industrial Average briefly surpassed its Oct. 3 closing record before finishing in the red. The index whipsawed Friday with volumes higher than the 30-day average as futures and options expired. The dollar was lower for a fourth day in the wake of the Federal Reserve’s dovish signals earlier in the week, while gold traded around $1,400 an ounce for the first time since 2013. U.S. crude topped $57 a barrel.“The last time we had a quad-witching day like this we had similar volatility,” said Sean O’Hara, president of Pacer ETFs Distributors. “Bigger picture issue is I think people are trying to sort of digest all of the news of the week and weigh that against the potential threats in Iran.”The risk-on mood was damped after President Donald Trump said he approved strikes overnight against Iran in retaliation for downing a U.S. drone, but then called off the operation. West Texas Intermediate posted its biggest weekly increase since December 2016."If you look at the markets today, it’s a pretty impressive performance to basically be flat," considering the news coming out of Iran, said David Donabedian, chief investment officer at CIBC Private Wealth Management. “It’s a testament to how important monetary policy is and how much the market is hanging its hat on the Fed here in the second half of the year."Policy makers in the U.S., Europe and Australia were among those signaling a readiness to do more to support growth this week, helping fuel gains for equities while putting increased pressure on sovereign bond yields. Next week, the trade issue is back up: Trump and Chinese President Xi Jinping are set to meet during the Group of 20 summit in Japan.The euro strengthened and most European bonds slipped after data showed economic activity in the region improved in June. Health care firms weighed on the Stoxx 600 Index. Asian markets were also red overall, with Japanese, South Korean and Australian shares declining as Chinese stocks rose.These are the main moves in markets:Stocks The S&P 500 Index fell 0.1% as of 4:11 p.m. New York time. The Nasdaq Composite Index dropped 0.2% and the Dow Jones Industrial Average slumped 0.1%.The Stoxx Europe 600 fell 0.4%.The MSCI Emerging Market Index was little changed.The MSCI Asia Pacific Index dropped 0.4%, the first decrease in four days. CurrenciesThe Bloomberg Dollar Spot Index fell 0.2%, the fourth straight decline.The euro gained 0.7% to $1.1372, while the yen weakened 0.1% to 107.40 per dollar. The British pound rose 0.3% to $1.2745.The MSCI Emerging Markets Currency Index rose less than 0.1%.BondsThe yield on 10-year Treasuries increased 3 basis points to 2.06%.Germany’s 10-year yield climbed 3 basis points to -0.29%.Britain’s 10-year yield rose 4 basis points to 0.85%. CommoditiesWest Texas Intermediate rose 1.7% to $57.61 a barrel. Gold increased 0.8% to $1,399.86 an ounce. The Bloomberg Commodity Index fell 0.4%.To contact the reporters on this story: Vildana Hajric in New York at vhajric1@bloomberg.net;Olivia Rinaldi in New York at orinaldi1@bloomberg.net;Colin Beresford in New York at cberesford10@bloomberg.netTo contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Dave LiedtkaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Financial Times5 days ago

    Japanese manufacturing activity falls again in June

    Japanese manufacturing activity slipped again in June, a private survey showed on Friday, as companies saw new orders fall by their fastest rate in more than three years.  The latest Nikkei-Markit flash ...

  • TheStreet.com5 days ago

    Apple Has Reasons to Cut Chinese Manufacturing Exposure -- Trade Deal or Not

    reported efforts to explore moving a meaningful portion of iPhone production out of China, they're probably not the only factor at play. Along similar lines, The Wall Street Journal reports that Apple is "looking into the feasibility of shifting up to around a third of the production for some devices" outside of China, with Southeast Asia a place under consideration.

  • Celtics co-owner on the NBA draft, investing in Asia
    Yahoo Finance Video5 days ago

    Celtics co-owner on the NBA draft, investing in Asia

    Stephen Pagliuca, Co-Chair of Bain Capital and Co-Owner of the NBA's Boston Celtics, talks everything from the Celtics' draft performance to Bain Capital's growing footprint in Asia. He stops by Yahoo Finance and chats with Julie Hyman, Adam Shapiro and Akiko Fujita.

  • Asian Markets rise on hopes of U.S., China trade deal
    Yahoo Finance Video5 days ago

    Asian Markets rise on hopes of U.S., China trade deal

    Hong Kong and Shanghai stocks boosted this week after investors seem hopeful about U.S.-China relations. Louise Moon of the South China Morning Post joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to break down the details.