Place before you go to work. We will take you to a 7 00 a. M. Rave. Good morning, everybody, this is Market Makers. Rave . 0 a. M. Im excited. We should do that one day. For the moment, we are looking at sun Economic News, isn nonmanufacturing index is just out, a gauge of the economys marissa are. Michael mckee has the headline. Quite a good start to the trading day. Pmi comes ining 1058. 7, the best since 2005. This is a broad measure and includes most of the Service Industry. It tells us that the Service Industry is doing well in this country. Take a look at the new orders index, 64. 9 from 61. 2. Business at 70, 60 2. 4. We have not seen numbers like this in about eight years. 62 activity, 62. 4. Capital goods, nondefense x 3. 8 after falling 1. 4 in the prior month. We are making some Real Progress here, looks like some good Economic News to trade him today. Thank you. Now it is time for the top is the stories from around the world. Get that is publishing in two. Ae company will b
Morning, still below 2. 5 . As for europe, so much discussion over the weekend with what is happening in portugal. Markets responding generally positively that portugal will use some of the leftover rescue funds to try to recapitalize a new bank there and were seeing some credit spreads on the back of that as well. Half an hour away from the market open. Lets begin with the road map today. We take a look at markets with u. S. Futures looking for a comeback, International Tensions temper positive earnings news. Investors continually reinterpret the current take on its consumer. And in an interview with the economist, president obama telling ceos they should quit complaining. So before we get to all of that, lets start here with the market, according to a higher open, selloff with the worst s p since june 21st, in fact. Data showing growth in china sector but the shanghai market is at an eightmonth high overnight. So jim, are you bidding up portuguese paper here . So many things went wro
France and italy are positive. The dax in germany lower by a fraction of 1 . In asia, major markets are mixed at this hour among the headlines out of the region. Growth in Chinese Services sector slipping to a sixmonth low in july. The nonmanufacturing pmi showed new orders rose at the weakest rate in at least a year. Brian, the nikkei is down slightly but the rest of the major averages across asia are slightly higher. Kayla, thank you very much. Folks do think its a slow summer week. You better think again because another big round of earnings are coming your way. Among the Companies Set to post numbers this week, aig, disney, time warner, aol, fox, cbs, wendys and hundreds more. The wall street journal reporting overall revenue in s p 500 companies seat to rise 4. 3 from last years second quarter. And that, folks, marks the fastest growth since the Fourth Quarter of 2013. The article also notes other companies that have already reported their earnings. Twothirds have beat the sales t
Respond. Today two people were killed in jerusalem and what Police Called a terror attack. They say man from an arab area ran to a construction excavator into a bus. John wlab can you tell us about what happened in jerusalem today . Reporter that was 1 of 2 attacks. Police say a guy got into that excavator, rammed the bus several times, knocking it over, flipping it over. Several people inside, along with the bus driver, were injured. Not hearing that they were severely injured but a pedestrian was run over by that construction vehicle and killed before police opened fire on the guy behind the wheel there who was in that construction vehicle shooting him several times, as you probably hear in that video. That was the first attack. A short time later police say a guy on a motorcycle rolled up to an israeli soldier and opened fire on that soldier hitting the soldier several times. The last we heard that soldier is in Critical Condition right now in the hospital. The motorcycle rider got
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