You. Futures are up after closing at a record high. Treasuries are up despite decent data. 221 is your yield on the 10 year. Up, jobs friday in the trade balance for april. Philadelphia fed president talks on the economy. Robert kaplan takes questions and luncheon in texas. Baker hughes rig count, we are looking at oil, its getting hammered. Its going to be brutal to watch that cap. David President Trump has decided to withdraw from the paris accords. The reaction worldwide was immediate, even from prominent ceos who turned to the president s favorite means of munication. Climate changeed is real, leaving paris is not good. Bob eiger followed soon after. He resigned from the president s council. Thehead of Goldman Sachs cited to send his first tweet ever. He said its a setback for the environment and the leadership position in the world. Saidbenioff of salesforce he was deeply disappointed by the decision to withdraw. We will double our efforts to fight fight crime it change. Lets star
Conducted three Ballistic Missile tests over the past three weeks. There are also rising fears that kim jongun is nearing the conducting of a six nearby test in a body to develop intercontinental Ballistic Missile capable of hitting the mainland of the United States. The Trump Administration, however, confronting this crisis head on. Tuesday the pentagon successfully tested its intercepter system to strike down on a icbm and did so. Defense secretary james mattis today arrived in singapore. There head of a defense summit that will address the threat of a Nuclear North Korea. National security factor and another move by the Trump Administration, the Justice Department has for really asked the Supreme Court to reinstate President Trumps executive order that calls for extreme vetting of visitors, immigrants, refugees from radical islamists terrorists hot spots. Fox news correspondent kevin cork with our report. After lower Court Setbacks in both the 9th and 4th circuits, the white house i
Small the kinds for the major averages a second day of small the clients. Half an hour ago, the three major averages it line ever subjected climbed ever so slightly higher, but as major averages did climb ever so slightly higher, but as trump was speaking we have big 7. 5 s in this macys down from hitting a sevenyear low after the cfo earlier at an Investor Conference and annual investor date to say that the Company Expected margins to be 1 lower on a yearoveryear basis and as a result, they will be engaging in rigorous costcutting costcutting in order to maintain the earnings forecast. Of course, how much can you cut costs . Investors not cheering that. We are seeing other retailers falling, including kohls, foot locker, and nordstrom. This is an ongoing theme this year, retail, as is riskoff. When you look at the haven bidts, we are seeing a today. Today we are seeing a big haven bid. Haven bonds are rallying. Gold is up 1 . The yen is also higher. Spikinglso have the vix 5. 5 . Not
Out in deadwood we heard about the avocado pelting story. Really injured. In a world where amazon is buying whole foods what happens to costco, and what about those costco retisry chickens. You guys talking about it. Is that enough to keep the big box customers coming well tell you what the wall street is saying with costco down 2 . Two words on costco, fresh fish friday. Very enthusiast. Thats what i live for. Activist investor going after the parent of saks saying hudson bay should stop trying to get the deal won with Neiman Marcus and macys theres a better way to inlock the value. And well discuss stragt in a first cnbc interview with Jonathan Litt. We begin with word out of the white house. Kayla touch covering the tech sim mitt and ooemon javers with more on russia threatening to target the u. S. Over warplanes in syria. Ceos of the Largest Tech Companies in the world, alphabet, microsoft, ibm, adobe are meeting today at the white house to modernize the governments infrastructure
Record highs take a look at the percentage gain in the nasdaq more than 1 lets start with the meeting of the minds in d. C as we await comments from President Trump. Eamon javers has the very latest reporter it is as you say a glittering collection of ceos at the white house today. Were waiting for the president in the east room we expect hes going to come in and participate in a roundtable discussion the ceos have been here all day. Take a list at took at the listf prominent names. I was brought into the indian treaty room in the eisenhower executive building the other day to listen to remarks from Jared Kushner and watching the ceos mingle with each other, interacting here in washington, including you saw eric schmidt of alba bet aphabet and google. Talking at the whouite house. Cross pollen nation of ideas thats what the white house is looking at ideas from private sector executives on how to improve government from every way from its i. T. To its services to its performance for the