Markets this morning, yesterday an upday. The nasdaq has seen seven straight positive sessions, the first time that happened since february of 2014. This morning we are flat as wall street awaits the jobs report. Overnight, in asia, take a look, youll see, yeah, asia was higher with japans nikkei up by almost half a percent. You saw gains of better than. 4 from the hang seng and the shanghai composite. In terms of what is happening in europe in the early hours, youll see right now things are up for most of the markets. The dax is up by half a percent. If you check out crude oil, yesterday, crude oil was higher, broke a fourday losing streak. This morning it is up another ten cents to 49. 26. The next fed meeting scheduled for june 14th and 15th. There is a small chance of a rate hike at that gathering, but the cme groups fed watch program tells us that the markets are now pricing in roughly 59 for the july fomc meeting. Well talk to says july or september. Hes sitting right there. He h
About five points. Looking here it is actually interesting to see where we are. The dow going negative earlier. China suggesting it could add more stimulus and metal stocks, but Energy Stocks are following as oil is falling. Lets take a look at the s p year to date. We are looking for a loss for the year right now at least. We are down by about two and one third percent with eight trading days left. The index has finished higher in the past three years but we are at least for now on track to break that. Alix we typically see what people call a santa claus rally into the end of the year. At looks like right now we are not on track for that. Your denny research coming out with that us saying that a yearend rally for the s p is actually in doubt. We do have eight trading days left this year and the s p has only done that in the last eight days of the year just five times since the year 1928. In that time, the last eight days of the s p were positive, and it was negative 72 times, 83 . Let
Britain has raised its terror level alert, saying an attack is now likely. We will hear what Prime Minister David Cameron said and have expert reaction. And is the market in for a rough september . Some now wondering if investors will come back from vacation on tuesday and wake up to the global turmoil thats engulfing the world, from the Russia Ukraine mess to the growing Islamic State threat. The stock market has largely ignored it all and continued to make new highs. Can and will that continue next month, again, when everyone is back from the beach . And call this, kelly, game of drones. Google in the drone business in a big way. Is the objective just delivering stuff or is there something bigger at work here . We will explore that all. In the markets right now, the dow is off 11 points, the nasdaqs higher by about 15, the s p 500 is higher by about 3 points. A mixed session, and one, brian, where the s p has been hugging that 2,000 level, frankly, for most of the afternoon. And ive
Row today. Something the s p has not done since january. We got earnings from home depot, walmart, qe accelerator, oil settling back below 60, but ten year close to the highs of the year. Housing starts are a nice up side surprise. Walmart missing expectations. Depot beat and raises guidance. One Speciality Retail down dramatically, urban out fitters coming in below us. Thats the major Culprit Online business expenses. Despite carl icahn wishes, the dream of an Apple Television is reportedly dead. U. S. Comps below consensus. Ceo says they need to get better consistently running great stores. Home depot beat expectations. Citing a more normal spring across much of the country and continued recovery of the u. S. Housing market. Depot raising their fullyear guidance to stronger than expected start to the year. They are saying. With starts surprising today, people are saying maybe it was weather after all. I have to tell you i think there is a shift going on in the country. I had athena o
Singapore and brought, spacing california. Some of the worlds best known companies are pressing pressuring soccers governing body to fix the Corruption Scandal. Officials were arrested through the Justice Department says soccer officials receive millions in bribes meant to influence those who received media and marketing rights. Seth blatter has not been charged and he is up for reelection tomorrow. The governing body thinks fifa should take timeout. Convinced there is a strong need for a change to the leadership and strongly believe the congress should be postponed with a new president ial election to be organized within the next six months. Erik Loretta Lynch says the investigation continues. She says more arrests are expected. Olivia greece wants an agreement by sunday and a deal will be released soon. The ims wondering to come up with a list for more money and they disagree with greece saying a deal is not in fact very close. Greece needs money to pay back in imf loan last week. Th