Peretz. More data coming out. Lets go to julie hyman. Read onhe final Consumer Confidence from the university of michigans index. 90. 3. L from this is the final rating. The more important Economic Data point was gdp for last quarter expanding at 1. 2 , less than projected. That affecting markets are early in the day. It seems like investors are focusing on individual companies. Nd earning reports the nasdaq touching its highest rating level on an intraday basis that we have seen before falling back. The losers putting pressure on stocks, exxon mobil coming out with earnings missing estimates. Efining margins plunged 30 chevron falling after its third consecutive loss. Cigna cutting the Second Quarter earnings, well short of estimates. Theyre saying losses and a weakness in particular in the disability business. Disability business through employers has been weak. We have strength in tech names, in particular out for that and amazon. Both beat estimates. Amazon showing profit and profi
John. Michelle, the breaking news is that bob corker, the senator from tennessee, republican who chairs the Foreign Relations committee, has told the Washington Post he has withdrawn from consideration as Donald Trumps running mate. It underscores the question hanging over trumps running mate process, which is who exactly can he entice to run with him. Can he get given how controversial his reputation is, can he get a young rising star in republican politics, or does he got to pick somebody like newt gingrich, the former house speaker, chris christie, the governor of new jersey, who doesnt have much of an electoral future given controversies that have weighed them down. Bob corker is somebody who has been rising within the senate and in republican politics. He says the job of being the Vice President ial candidate is more political than he wants. That hes more of a policy guy. Not comfortable being the attack dog in the campaign. So he has taken himself out. Weve still got some others,
we will talk about what is happening with the payroll number and what is happening with our interview with Vladimir Putin. The week oil has had . It has been shocking. We may about the idea see stabilizing in that market. A lot to talk about. You have a great conversation coming up. You have an allstar cast and preview. Alan krueger will help us. We are going to get fresh reaction from the white house with jason furman. Alex a positive tone into the eight 30s jobs. You have to look at where investors are going into. Theyre going into health care and the safety trades. Market, it is about the stronger dollar. The dollar is stronger across the board. Up . Rent Vladimir Putin saying a freeze can happen between russia and opec. That is helping oil, which has had its worst week since january. In the bond market, look what happened to the japanese 30 yield 30 year yield. This is what happened. Bmj went to the market boj went to the market and bought maturities 10 years or shorter. It is not
Has banking reform gone far enough . In bratislava without britain. E. U. Leaders gather to discuss the future mine us the u. K. How united is it . Lets try and answer that question. In bratislava e. U. Leaders are gathering, the first meeting in more than four decades without the u. K. What are we going to get today, caroline . A desperation guy to show some unity as we see the e. U. Being ripped from its very core. We have the likes of Angela Merkel saying this is a question of war and peace. This is a fight for the e. U. s very existence. Can they come together and decide whether the response the brexit is more e. U. Integration or less, guy. Guy that is the big question. Were less than a halfhour away from the market open. Lem show you whats happening. Lets start off, you click the futures box here, you get the mixed price. At the moment America America is softer this morning. Looks like were going to see a softer start. One of the reasons were going to be paying attention to marke
Yearend edition of the closing bell. We are finishing the sixth year in a row of gains for the dow. By my math of the last six years, this year will only come in number five. It will rank the fifth best performance. The only one that was number six is 2011. The others outperformed what we did this year with the gain on the dow thereabouts. Here we are. The dow down 82 though. Just off the lows aft session. S p down 13 and the nasdaq is down half a percent today down 25 points. Lets wrap up what we saw today in the markets and in 2014 overall with the closing bell exchange. Keith fitzgerald and david sourbee. Everyone happy new year to you. Absolutely. Thank you for joining us. Monica hindsight is always 20 20 but if we have rewound to january of this year people were saying okay the markets going to cool down for equities. We are going to see yields start to rise. 10year around 3 where we started and oil stable and almost none of that proved to be the consensus by now. What say you ent