Speeches praising wall street and Million Dollar birthday check to bill clinton from one arab nation. Really amazing. More coming up on this. What are the odds of republicans losing house of representatives . Well look at that break down as well. David back to the markets first. The dow staging a come back late this afternoon. But then it ended day down about 40 after dropping 114 points this morning. Energy ending in the green, with a big jump in natural gas. Phil flynn on that and other commodities at price futures and a fox business contributor. He is watching action from the cme. Lori rothman on the floor of the new york stock exchange. Lori, we saw this broad recovery after stocks hit a threemonth low this morning. What happened . So, david, it was really a tugofwar all day between the bulls and bears, with bears maintaining upper hand threw the duration of the session. As you mentions, closed to the downside. Dow was down 184 points. Weakest point on the industrial average. There
Dom chu . As we talk about whats going on overall with the markets, talk about the idea that the investors and traders are perhaps looking at reassessing how these things, risks are setting up. A lot changed in terms of market perceptions. The risks havent really changed. Take a look at our market thermometer to see how investors and traders are gauging the level of severity that particular catalysts could have. A summer Interest Rate hike, yes. Front and center for a lot of traders out there. So is the uk possibly leaving the European Union and the u. S. Election coming up this fall. The riskier aspects for the market right now, some of the ones weve seen kind of scale back a little bit. Remember, last year, china was a huge part of the story. The market volatility there. Trading halts, everything. Chinas economy is a big concern. What theyre not a big part of the narrative as they were in the latter part of last year, early this year as well. Oil prices, remember, we thought crude wa
He act add loan. House Speaker Paul Ryan speaking out on the shootings on the house floor early this morning. We are all stunned by the events last night in dallas. Our hearts are with the Dallas Police department and our hearts are with the victims. Authorities have identified three wounded Dallas Transit Police officers as omar cannon, Misti Mcbride and jesus retana. The family of the man killed by Louisiana Police put out a statement saying they reject the reprehenceable acts of violence against the Dallas Police officers. And attorney general Loretta Lynch will make a statement on the dallas shootings at 11 30 a. M. Eastern time. And well have more updates throughout the day and as the situation warrants. Back downtown to you guys. Thanks so much. And the jobs report is helping the jobs report today. 287,000 jobs added last month. All major indices on that news now made up their losses from before the brexit vote and only took two weeks to make a round trip. Lets bring in barry jam
Democrats promise theyre going to be talking about guns when they come back. All right. John, thank you very much. John harwood reporting from washington. Okay, folks. The day is here. We have about four hours left. Lets listen. Jonathan roth. Youll be back. Soon youll see. Oceans rise, empires fall. 3 59. Were going to hear something. Voters deciding whether or not to remain part of the European Union. The decision coming down to the wire. The outcome could have a huge impact on your money. Welcome, everybody, to a hami hamiltonian edition of power lunch. Michelle is off in london and well get to her in a bit. First to the markets, a huge rally on wall street. Traders watch that brexit vote. Bob pisani is on the floor. The market is acting like it knows for sure that the uk is going to vote to remain in the European Union and that makes me nervous. Its raining cats and dogs over. There the outlook is still very uncertain. The market knows whats going to happen. Look what happened to t
Jobs report. That both exceeded expectations and eased fears of a labor market and economic slowdown. The Dow Jones Industrial average soared 191 points to 18,543. Not a rory, but the records were nasdaq up 54 and s p 500, which gained 18. Here are the numbers that sparked the rally. Employers added 255,000 jobs, much better than the 179,000 economists expected the jobless rate held steady at 4. 9 as more americans looked for work and wages picked up. We have two reporter tonight, Hampton Pearson on the best twomonth stretch of hiring this year, but we begin bob pisani. Its been a broad rally. The s p mid cap and small cap indices are at historic highs. Reme we didnt have far to go in the first place. The s p 500 was never more than about 1 from an historic high in the past month, so in addition to the rally in a major indices, the rally is showing signs of classic rotation. In the last several week, technology and bio tech have been big market leaders. So names like microsoft have bee