Complete report. And macys Ceo Terry Lundgren will join us at 7 00. And jerry storch will also join us live. Stocksindicating opening higher. Ri the dow would open higher by 52, the nasdaq, 3 1 2, and the s p 1 1. 63. In asia, hang seng, higher bay half percent. European equities have been relatively flat. Right now all are lower. The italian market, theres a big referendum being held on sunday, november 4 t december 4. The economist endorsed a no vote to telling italians when they go to the polls to vote no. The underlying issue is this doesnt speak to the core issues that the italian people face. If they vote no, what happens here . How does this spin out . Everybody thinks its gloom and doom. I dont think people believe that anymore in the wake of brachial plexus and the election. So you tell me what youre thinking, ill think the opposite. The elite think it will be horrific, the polls say no. Which makes me think yes. Thats way too confusing. If they vote no, there will be a genera
Restructuring and lowering guidance. Shares of valeant are down sharply this after an earnings miss and sharply lower guidance. Well give you the latest on the stress theyre feeling over at valeant. And the viacom saga continues. A hearing is taking place right now in massachusetts. Weve got the details. But first up, futures rising a day after comments from janet yellen propelled the s p to its highest level of the year. The fed chair expressing optimism about the economy and said she sees rate hikes ahead but gave no timetable for a tightening. If incoming data are consistent with labor Market Conditions strengthening and inflation making progress toward our 2 objective, as i expect, further gradual increases in the federal funds rate are likely to be appropriate and most conducive to meeting and maintaining those objectives. She did call the jobs number concerning, disappointing, raising questions. Feds going to wrestle with it and drop that phrase in the months ahead. Right. Well,
Cloudy and warmer. We are getting a southerly breeze south southeast. The cloud cover coming in, kevin, get your feet off the desk. [ applause ] he is a probably getting texts right now. Closely up in clear lake. Brr, is it february . No, its june uary. Irvin says he is in petaluma. Its smelling like petriclor out here in petaluma. There will be a quiz on monday. North bay light rain. Thats the main focus today. There will not be a lot south of that. There is not much up here. A lot of this is on the Russian River area. Cazadero. 06. We are not done yet. It will pick up late morning, early afternoon. Is an impressive this time of year. Southeast, southeast, east, southeast. The wind changes directions. Calm down. Thats why its warmer. 60 with you get the south breeze. Cloudy with light rain in the north. Look at that system. Its beautiful. Sal talks about he is a geek sometimes. I am a weather nerd when i see that. Thats just a beautiful thing. Right, sal. You know what i mean. Its lik
Continued to percolate higher and higher. Despite everybody being on vacation. Stocks are coming off of a record setting session from yesterday. The dow t s p 500 and the nasdaq all reaching new highs on the same day. Thastz the first time that has happened since december 31 of 1999. Folks this is almost 17 years ago. A little context on that, the top movie at the box office when that happened was football drama, any given sunday starring all pa menechino and maybe this dates me. I remember. I remember watching that movie. Take a look at this, u. S. Equity futures at this hour up 11 points. If youre looking at the dow futures. S p up just over a point and the nasdaq up 2. Overnight in asia, looks likes the shanghai comp was up 1. 6 . The hang sang up us. 8 . The nikkei up 1 . And the early trading in europe right now, see what the markets are mixed, but not Much Movement one direction or the other. The dax is down by about a quarter percent. The cac and the ftse are relatively flat. Ta
To thrive in an everchanging environment, Companies Must adapt. But one thing should remain constant a financial relationship with someone that understands and cares about your business. Pnc corporate and Institutional Banking offers strategies tailored to your companys needs. Of local experts offer insight to help you achieve your business objectives. See how working with pnc can help your company grow at pnc. Com ideas now your consumer watch at 4. Apple may have developed a new way to track down the thief who nabbed your iphone. The company filed an it could record a persons fingerprints or collect audio and video that would be sent to a server so police could use it to find the culprit. Amazon is building more physical bookstores with the first in chicago set to open next year. The two others are targeted for san diego and portland, oregon. Amazon opened its first bookstore in seattle last year. It sells books and showcases gadgets. Books in the stores match the prices of those Ava