President obamas new round of sanctions, warning that measures would back fire and bring u. S. Russian relation toes a dead end, causing serious damage. As for the russian market reactions, take a look. Stocks in moscow were down sharply in early trading. You can see theyre down by 4. 3 . Later in the show, senator bob corker will be joining us. He is a member of the Foreign Relations committee. Hes been calling for tougher sanctions on russia. Well have more of that coming up. Right now, lets get over to andrew with more of todays corporate stories. Good morning, becky. Ge, former parent of this network, reportedly seeking buyers for appliance unit. It tried to do this back in 2008. It scrapped those plans, though, given the financial environment at the time. Ges Ceo Jeff Immelt promised investors to divert interests that arent seen as core. The company is set to post quart ily results before the bell toll. Well bring thou to you. If you have a dishwasher or a washing machine or you k
To get that, but you never know what happened in this final hour of trade. And could arthur dampen the rally . Im not talking about the arthur sitting next to me. The fourth of july could be washed out on the eastern seaboard. It is expected to become a hurricane soon. And the real damage could be done expected at the fourth of july holiday. Well talk about the winners and losers and get you an update on the storm. Also, women cannot have it all. Thats what pepsis ceo said and that candid and controversial statement has been lighting up twitter and getting a lot of action. Were going to tell you more of what she said and why she said it coming up today on the closing bell. Thank you, indra, thank you. Now, as was mentioned, the dow is positive, although were towards the lows of a choppy and narrow session. Mean wile, the s p 500 is still going to stay positive right now. It is right at that 1973 mark and the nasdaq is off by about 4 points. Theres the nasdaq down 4 points. It has been
He has a near perfect record. At 7 30 eastern time, Marathon Asset Management Bruce Richards is betting big on europe. Coming up at 8 00 eastern time, well get political with former obama chief of staff bill daley. Hes now working for a swiss hedge fund. A lot of them will be talking to what weve been talking about this morning. First, lets get you up to speed on todays headlines. Are you ready for this . Im gary owens. Ive got one of these things on. Its like youre madonna, only i need yes. That wont look at good on me. You already hear some of the buzz . I realize again why we have these on. Theres a huge thing going on behind us. Not yet because its early. But today, tech is the dominant. That was the dominant theme of this mornings stocks to watch. Lets start with apple and ibm. The two teaming up on a Partnership Starting this fall. Ibm will sell iphones and ipads loaded with applications geared at business users. Shares of both companies did rise after hours. I took a look last n
Some 93 minutes ago. Malaysia Airlines Says it lost contact with the plane over Ukrainian Air space. Sue is out today. Kayla is at the new york stock exchange. Hi, kayla. Hi, tyler. Good morning to you. We have Live Team Coverage of this story beginning at the top of this hour. We start with chief International Correspondent Michelle Carusocabrera. Michelle, we want to get to the latest from you, but nbc news is reporting that u. S. Commercial flights have been prohibit from flying in that air space for fear Something Like this could happen. The faa apparently issued a notice in april about this. What else do we know about this region and what some of the response has been . That notice was specifically about the crimea region. They were concerned about that. Two new things to show and tell you as well. Well show you some photos that reuters has sent over, but they have taken them directly from russian 24. This is a network in russia. It appeared to show photos of debris of the plane o
Were up triple digits on the Dow Jones Industrial average, about half a percent gain. Look at the nasdaq, un1. 3 , the s p up almost a full percent, the russell 200 is up 1. 5 . In terms of the gold market, interestingly enough the money has been coming out of gold into bonds. Theres the yield at 2. 49 . We welcome to you power lunch. And im Tyler Matheson it is although busy day. There you hear and see the images and hear the sounds of gunfire. Despied the grown invasion, hamas has fired 80 rockets into israel just today. Captured an additional 13. In his first comments, israels permit said the operation may need to be expanded. U. S. Investigators are on the way to ukraine to investigate the downing of Malaysian Airlines flights 17. There you see image. It is unclear yet who fired the missiles, but u. S. Sources it almost almost certainly came from almost a third of those kid were aids researchers. President obama spoke about 30 minutes ago. I spoke to president putin yesterday in th