12, maybe. And jpmorgan says dont give up on nikola. Thats ahead we start with the markets. Dom chu has that for us. Weve been on either side of the unchanged line well call these markets stable. Weve seen some fractional gains and losses fractionally to the down side. A quarter percent to the down side for the dow the s p off a third of a percent. Similar moving for the nasdaq composite. Key level to watch for the nasdaq, 3401 at the highs of the day, we were up 19 in the s p and down 18 at the lows a good amount of symmetry with regard to the trading range today. A hot part of the market is the Cloud Computing industry this etf, ticker clou, has been a massive upside mover up another 1 today. Record highs for this etf and again since the pant lows wep lows, were talking about a 116 gain one other place to watch in terms of the stock, l brands, price target upgrade by analysts at jpmorgan, that stock was given up for dead quite a time ago. Up 87 almost a twoyear high this is victorias
Captioning funded by cbs this is the cbs morning news for monday july 6th 2015. Good morning and thanks for joining us. Im Alison Harmelin in for annemarie green. Leaders of European Countries will hold a meeting tomorrow. The decisive vote follows months of failed negotiations leaving the state of greeces banks and their participation in the euro rowe up in the air. This morning greeces finance minister resign. He was told not to attend some of the upcoming finance meetings. Brian webb is here in new york. Good morning brian. Good morning, alison. Sending stocks down on wall street and along with them your 401 k . Small groups of protesters clashed with police in athens overnight after voters rejected the terms of a debt bailout deal worth billions. We dont want to be slaves. Reporter this morning greeces finance minister resigned as leaders of the eurozones two biggest economies, germany and france, met to discuss the crisis. There were a lot of people who said if they said no that w
This is the cbs morning news for monday july 6th 2015. Good morning and thanks for joining us. Im Alison Harmelin in for annemarie green. Leaders of European Countries will hold a meeting tomorrow. The decisive vote follows months of failed negotiations leaving the state of greeces banks and their participation in the euro rowe up in the air. This morning greeces finance minister resign. He was told not to attend some of the upcoming finance meetings. Brian webb is here in new york. Good morning brian. Good morning, alison. Sending stocks down on wall street and along with them your 401 k . Small groups of protesters clashed with police in athens overnight after voters rejected the terms of a debt bailout deal worth billions. We dont want to be slaves. Reporter this morning greeces finance minister resigned as leaders of the eurozones two biggest economies, germany and france, met to discuss the crisis. There were a lot of people who said if they said no that was really a vote to leave
Were in one of the environments where you enjoy, the sun is shining, we enjoy the lovely market and the u. S. Economy is stronger than the rest of the World Economy and most of the u. S. Stock market depends on growth globally so that the weakness in europe and asia are challenging Going Forward that the market right now is tie jesting comfortably but also getting a lot of help because central bankers around the world have been sprinting money and without Corporate Investment in new plant equipment which remains relatively light it just goes straight into stock price which is is great news if youre a stock investor but its not something im counting on for a long, long time to come. It strikes me that for tech this is one of the interesting moments where even though people are waiting for the sky to fall, the stocks have been, you know, throughout the year, moving all over the place, the strong names in tech still seem strong. Nobody is saying like they were back, i guess, in 2006, 2007
Didnt want anything to do with this. Now police are hoping that somebody has some video of the truck as we look live once again in the 51 freeway headed north north of mcdowell. Police believe the truck got off the freeway little north of here on thomas and west east after the shooting. Police add if someone is chasing you on the road, its best not to go on the freeway where high speeds make it tough for the cops to come to your aid a better idea is to stay on city streets and turn right at major intersections so police can and help you out. Reporting live, steve krafft, fox 10 news. A dramatic sentencing in court today. Found guilty in two stunning fraud cases today. In the first case she was convicted of faking cancer to get the state to pay for a late term abortion. She was convicted of defrauding two charities including one for military veterans. She has been sentenced to nearly cases. Closing arguments in the trial of a former yoga teacher. V been pushed back now to next week of h