A summer stock slide. Stocks fell yesterday, with the dow down 139 points. It recovered, but still closed 93 points lower. Ibm was one of the biggest losers. The nasdaq dropped 27 points, the s p slipped below 1,700, gold pushed back 19, and oil 1. 13. Bank of america is one to watch today. The department of justice is suing over the firms mortgagebacked securities. First solar and ge are striking a deal. First solar will buy ges technolotgy for making thin film panels. In exchange, ge will receive 1. 75 million shares of first solar stock. The stock fell 9 last night after the Solar Company missed on earnings. Disney reports profits were up. 9 in the lastest quarter on growth from theme parks and espn. The company took a profit hit on the lone ranger at the box office. Michael gurka of chicagobased spectrum Asset Management is with us this morning. Good morning, michael. Im wondering what youre thinking about the trading volumes out there. Weve hit some lows this week. Yes, actually i
Action could be electoral poison, but the move angered a lot of Immigration Reform supporters. Its clear that playing it safe is what is going on at the white house among democratic circles. They say walking away from the values and the principals. The president is still going to take action, just not right now. A mystery respiratory illness is sending many to the hospital. Doctors believe this illness is a cousin of the common cold. It can be so severe that children end up in intensive care. Those with asthma are most at risk. The start of the school year is going to spread the illness further. We are now getting a new perspective on nfl stars Domestic Violence in february. The video posted on tmz shows him hitting his now wife twice before dryinging her out of the elevator. The nfl said we requested any and all information including the video from inside the elevator. It was not made available and no one had seen it until today. He was widely criticized for a light suspension after t
Chris wray want to capitol hill to face tough questions about the investigation. That hearing by the way is still going on. Its been going on for hours. And law make remembers asking tough questions. There is an old saying that justice delayed is justice denied. I think right now all of us are being denied. Whatever you got, finish it the hell up. Because this country is being torn apart. While the president was in wisconsin, First Lady Melania Trump made another trip to the Mexican Border to take a closer look at the situation that is plaguing the administration. Im here to support you and give my help, whatever i can, for behalf of children and the families. Lots to cover today. Lets begin with trumps focus on jobs. Nbcs Peter Alexander has been traveling with the president. He joins us now from mount pleasant, wisconsin, twr the president just finished speaking moments ago. Peter, the message last night, today has been strong. This is a jobs president. And by the way he does pretty
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