Greetings and yet its all business for President Trump and his g7 counterparts as they tackle trade, security and the fight against isis. But its the president s shove heard round the world of the Prime Minister of montenegro that has tongues really wagging. Guess whos not upset about it at all . Weve got the real story. Standing by, former assistant secretary of state bob hormats and strategist ed rollins. Well ask what happens when President Trump returns to find that his soninlaw, his closest adviser, might be in the russia hot seat . As the president focuses on trade with the g7, a fox business exclusive with former secretary of commerce Carlos Gutierrez on the one thing about the president s efforts that he must kick into overdrive for trade. Memorial day, a time to honor those who have died in battle and to thank the men ask women who are still and to thank the men and women who are still serving. For those wounded in war, the treatment by the v. A. Has been more than a slap in t
And im Francine Lacqua. Lets quickly check on your markets. Global stocks are definitely rising. Shares in japan are probably advancing the most. The yen weakening after the bank of japan left Monetary Policy unchanged. Treasuries holding onto losses. Traders still, i think trying to digest the more hawkish tone struck by the federal reserve. I wanted to put gold in there as well, practically flat. Lets get straight to the bloomberg first word news. Reporter russia has verified that the Islamic State leader has been killed. Isisuld be among about 30 commanders killed during a bombing raid last month. It is also said the attack killed another 300 Islamic State fighters, but provided no explanation on the delay in reporting the airstrike. Anger is growing over the deadly blow that struck the apartment tower in london. The official death toll stands at 17, with the police morning fatalities could reach critical figures. Prime minister theresa may has ordered an investigation into the trag
At 12 45, dallas fed president Robert Kaplan speaks. At 1 10, President Trump will be in miami to discuss changes he is making on the u. S. Restrictions to travel to cuba. He is tapping off quite a week for his administration. Here is kevin cirilli. I do not know where to start, cabinet. Why dont we start with the investigations . What is the latest . Should we be focused on it quite as much as we are . Kevin the white house will say no and a democrats will say yes and i think that answers lie in the middle. Isht now, the administration pushing back hard against the notion that a shoe is about to drop in terms of the investigation with the russian probe and they feel adamant there is not enough evidence for that part the president s personal attorney, Marc Kasowitz , is pushing back. There are allegations. The fact of the matter is until the investigation and the probes are put forward and made public month they will keep having these types of problems. Keep havinghey will these types
Welcome to the Halftime Report. Im melissa lee in today for scott wapner top trade this hour, nike just did it the Worlds Largest Footwear Company posting strong earnings. The street buying the stock hand over phys today. With us for the hour, josh brown, Jim Leventhal, jon najari najarian, head of Global Investments at ubs shares of nike are rallying. Jim, you own it. Are you buying more . I bought a little bit more. I was hoping to load up the boat today, but i just cant, for two reasons. And i would love to get jays opinion on this, but its up 9 today. Im not going to go chasing it i think it will go higher from here, but the question is, i thought the Earnings Quality was really kind of low you had Gross Margins that went do down you had revenues that were okay, but a tax rate beat. So whyd you buy a little when the stock was up so much when youre throwing shade on the quality of earnings . Ive got a lot of dry powder left to go in this name. Im not going to buy it all today. Look,
If brian were here, hed know that song i do not im Tyler Mathisen major averages in the green in this next, really, three hours left on this final trading day of the quarter and of the first half of the year the dow getting a boost from nikes rally on the backof its earnings beat out last evening check out whats moving right now. The dow industrials up a little bit. As you look at humana, Becton Dickinson all hitting new 52week highs. Its also the last trading day of the first half. Investors, so far this year, have seen some solid gains bob fisani is on the nyse floor. D dominic chu. Thanks, tyler take a look at the sectors here. The key point is were continuing to see mild resistance in technology for example, semiconductors are lagging a bit. Biotech, which is another Market Leader lagging a bit a lot of talk about this rotation going on. Look at the leaders in june. The big leaders have been tech, particularly Semiconductor Stocks utilities have done well as Interest Rates have sta