Time. The next wave of diet drugs . Cnbc is on that story. A story that impacts investors and patients alike. First, though, sarah is in for sue. Good to see you. Bullish start for stocks to the week. You mentioned the dow. How about the s p up 0. 8 and the nasdaq up after hitting a 13year high. Leading the charts, the russell. The transports are in the lead. You are seeing all sorts of new 52week highs for the transport stocks. Watch in brant crude oil. You see in the treasury market. Treasury selling off. Yields a bit higher. Seema mody is down at the nasdaq. Mary, you are up first. Interesting day today. The Ukraine Tensions ease, tensions in iraq ease. Good economic data. All of this combining for a nice monday rally on what has been relatively light volume although volume picked up since the beginning of the morning. We are going to do around 3 million shares. The s p broke out about 1970. That seemed to bring more into the market. The leaders industrials, financials, tech and con
Lot of movement there. Oil still in many ways, im going to say it, key to the market. Yes, yes. He agrees. Totally true. Im glad i i wasnt sure you would agree. There we are. Crude at 76, brent around 80. Big meeting this week. Big meeting this week as well. Our road map this morning and it starts with markets. S p looking to its 46th, 46th record close this year. The dow looking for its 29th. The nasdaq looks about 7 off an alltime closing high from march 2000. Yeah, i remember that. Gas prices fall fog fouryear low. Opec preparing to meet this week. Raymond james weighs in on chevron, exxon, hess, occidental. United technologies announced the chairman and ceo is retiring, effective immediately. Ill tell you whats next for the company, who the new ceo is and ask questions. Not sure we have a lot of the answers. Lets get to the markets. For a sixth consecutive week of gains. The 45th record close of the year, the dow its 28th, nasdaq, as we told you, new 14 1 2 year high, 6 out of 10 s
Share. More than 30 people have been killed aafter a blast rips through a market in china gin jiang region. When you look at what has happened in russia, if you dont have the guts to invest here, you better stay at home. Youre watching Worldwide Exchange, bringing you Business News from around the globe. A warm welcome today, this is Worldwide Exchange. Well be in ukraine and st. Petersburg fairly shortly. The health of the ecb. The flash composite pmi coming in at 53. 9, exactly as expected according to the reuters poll. It was 54 in april. The composite output price index, 58. 7. Flash pmi 52. 5. Thats a dip down from april. It was 53. 2 in the poll. The services pmi 53. 5. Its a tick higher from the 53 in the reuters poll. Its weaker than we might have expected. But that all means that the composite number has come out on the same. Its worth pointing out this morning that the french composite pmi flash was estimated at 49 3. In the First Quarter we saw france was flat gdp growth. Th
This is bbc world news america, reporting from washington, im katty kay. Pope francis apologized for the evils of child abuse by catholic priests. The obamastration streags says to nt grant a visa teherans choice to the United Nations. And just like this country, baseball has been shaped by imgravents tonight, we look at its special role in u. S. History. Welcome to our viewers on Public Television here in america and around the globe. For the first time the head of the Catholic Church has taken personal responsibility for what he calls the evil of priests who sexually abuoysed children. During a meeting at a carryity, the pope debatiated from his remarks to personally ask forgiveness for the damage that they have done. Where hes most at home, among the believers, young and old, with the faithful here and around the world, he smiles easily. But behind the scenes is some very dark concern. They were on his mind when he met eau delegation at the vatican and he expressed them in the most
Temperature ne. Nearly every Single Person i knew thought ben bernanke had a bad hand coming into todays fed meeting. The s p falling 1. 2 , so what happened here . How could so many people get this guy wrong, how could people think he had jack high with all this nonsense . Ben threw in his cards when we werent looking, got a whole new hand. The man is not an idey ideologu. The facts changed so bernanke changed his mind, too. He doesnt care that hes going to get hammered for doing so by the same people who hated what hes done for the Housing Market and what hoose done for the stock market and what hes done for unemployment. As bernanke said, he never spelled out what he was going to say anyway, people just put words in his mouth. Think about what what happened when he said they might have to cut the bond market. D did you notice the home builder stocks were all crushed . I think when bernanke indicated it might be time to stop biography bond he didnt recognize central bonds from all ov