Fractional gains across the board with the russell up the strongest as investors try to assess the weekend impact. Its the first trading day of june joe, whats your inter preation of whats going on as it relates today i think the market is responding to what was a better than feared ism manufacturing report again, it goes back to the theme of the last couple of weeks that the economy is opening domestically and globally better than anticipated i think the positive reaction youre seeing in financials today up over 1 that indicative of the perception that the economy is opening up better than expected. There are a confluence of head winds that are greeting the market and you rightly define them at the top of the show. I think the market will price in that con tentious nature the right strategy as i continue to suggest the balance between the growth names that have gotten us here, the Technology Growth oriented v shape recovery stocks and what i would define as quality value shannon, you
Low. Im terry morris and thanks for joining us. The mouse has presented mediators in contact with a cease fire proposal for gaza. The 1st stage would see the release of women, children, elderly and sick hostages taken in mazda is october 7th terrorist attack in exchange for palestinian prisoners from us that are permanent ceasefire dates. And the deadline for the withdrawal of israeli troops from the gaza strip could be agreed after the 1st stage. The earlier i spoke to dw correspond tunzia kramer in jerusalem. I asked her about israels reaction to this proposed cease fire by him us . Well, thats right. I mean, we heard last night from the is really media talking about this proposal by him. Us a great at some cautious optimism. As you said, that these different stages weve heard about this before. Of course, the elderly women, children, and some ill and some of the hostages that are, it would be released in exchange for a certain number of Public Opinion prisoners hudden. Its really a
Our billion dollar buyer, tillman furtita, notching his first win as the owner of the rockets on Opening Night for the nba. He did it in thrilling style the former commissioner, david stern, will join us. The anthem protest Team Valuations and much more this slamdunk addition of power lunch begins right now there is nothing wrong with the slamdunk addition if i could do it, i would do it all the time i am brian sullivan. Nobody is feeling blue about these markets. Your money is now just 3. 5 away from dows 24,000. You can thank ibm, big blue adding about 80 points to the dow on one of its best days in decades. We will dig into ibms big quarter. The ipo of the day is a chinabased micro lending company. Nothing micro about its gains. It is soaring in its debut allergan all on the move anthem rallied to help ensure creating a new pharmacy benefits unit michelle im michelle carusocabrera. Here is what else is happening rising sea levels are threatening nearly 1 trill worth of u. S. Homes,
Power lunch starts right now welcome to power lunch. Im melissa lee. All three indices are hitting record highs dow is up by 93 points s p up by 1. 5. Nasdaq adding about 9 here we should note that the strength of boeing leading the dow and accounting for 120 points, hitting an alltime high, its boeing best day since 2009 this comes on the back of very strong earnings. At t posting strong gains following positive results amazon, expedia and akamai at a low and ibm at a sixyear low. Brian . The markets and the fed are where we begin today the fed is expected to leave things unchanged how hawkish is the key for you and your money as President Trump tells the wall street journal that he hopes chair janet yellen will keep stocks low for the foreseeable future stocks once again are higher Steve Liesman following the action in d. C. And bob pisani tracking the markets at the nyse is this all about Balance Sheet reduction conversation or do rates still matter youve got that right there is a s
T something i ever wanted, i ever wanted to do. Alyse has already forgiven alyse has already forgiven panzegraf. He did not murder anybody and casey is not a monster. It s just a situation that it s just a situation that developed suddenly and in a way that no one could predict . Yes. I talked with other People Living on this street who know panzegraf and believe if he used deadly force, he must have been in fear of his life or someone else s lives. He went over there to help this he went over there to help this girl, to help her and her family. And her child. The prosecutor s office will decide if panzegraf s actions that ended his neighbor s life, were justified. Meredith the state Attorney S Office tells wesh 2 news it hopes to have a finding in this case by the end of next week. Stewart all new tonight. The orlando firefighter accused of crashing into 18cars while under the influence pleads no contest. Today Korey Steinert received 12months supervised probation. He also has to pay