His country may push had u. N. Security counsel to impose on the north. The nuclear and Ballistic Missile programs through the u. S. The new pact will allow for direct exchanges between them. Its expected to speed up information sharing and sharpen responses to north koreas activities. Many South Koreans are opposed to the pact. Another reason theyre upset at their president , park geunhye involving a longtime friend. Prosecutors have issued another request to interrogate park, this time by next tuesday. The president s lawyer has refused repeated requests. Prosecutors have raided some conglomerates and the headquarters of the National Pension service. They seized computer hard drives, cell phones and other materials. They expect samsung donated large amounts of money to two foundations and a company linked to parks friend. The donations are allegedly in return for help from the president ial office in a merger deal. Two of parks former aides were indicted on sunday to abuse the presid
Their markets and energy has a lot to do with it. Said evenng as carol the nasdaq which has been holding up pretty well is down one third of 1 . The imap. K at much more rate on the screen. Only some subsectors in the green and it is financials that at leastn the top spot in terms of percentage declines. There tends to be some coincidence of movement between the two because it concerns because of current concerns. They keep flipflopping akin forth between the two worst performers. Oil prices remain lower. Even though there have been supplied constraint in nigeria and more supply coming back online in canada following the wildfires. We have seen oil steadily lower throughout the session. Lets look at the damage within the Energy Stocks. All lower. Exxon declared force majeure in nigeria at one of its projects basically suspending production. Of its contract because of that and then he can flip over and look at the and i Energy Stocks and declines were seeing. Her you have transocean, so
Some breaking news on pending home sales in june. Lets head straight to the market desk where julie hyman has been one and the data. Julie weaker than estimated. 2 . Crease of two on the one hand, we have very low Mortgage Rates and on the other hand, rising prices seems to be offsetting any gains from the historically low Mortgage Rates. Coming in below estimates for the month of june. In the meantime, we see all three major averages higher. In the meantime, we have been watching apartment landlords on the real estate front. Stocks been watching like Equity Residential which came out with earnings earlier. It seems as though the issue for many of these companies is manhattan in san francisco, they are seeing greater than equityated weakness, residential cutting its forecast for the third time this year, offering a lot of incentives to renters to try and get them to rent here. Are under pressure and i just want to pair that with the pending home sales number we just got. It is interest
Nicole volatility continues in the asian markets, the nikkei sinking 1. 4 overnight, the shanghai composite index edging lower. Lauren big lives in oil behind the stock market volatility, oil prices shooting up 8 over the past three days. Now they are getting back 4. 16 a barrel. Nicole the latest to report disappointing results getting crushed in the free market, down 17 , jcpenney reports later this morning. Nicole apple makes a 1 billion investment in chinas version of uber as alphabet passes apple as the most valuable company in the world. Nicole mark sucker berg finally responding to accusations of a liberal bias in facebooks trending topics section. We will have his response. Lauren the Oklahoma City thunder eliminates the San Antonio Spurs and the nhl playoffs the San Jose Sharks got past the nashville predators. Those highlights coming up in sports. Nicole it is friday the 13th, welcome to fbn a. M. , your first look at the days markets, the latest breaking news and what is exp
Screening nightmare. Thousands of checked bags pile up in the parking lot of the Phoenix Airport after missing their flight. The tsa blaming it on an unprecedented glitch, this as the agencys chief gets an earful on capitol hill. You cannot recruit, you cannot train, you cannot retain and you cannot administrate. How are they going to fix it . Save the dates our summer Concert Series kicks off in a week. And were revealing the star studded lineup today friday, may 13th, 2016. Announcer from nbc news, this is today with matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. And good morning. Welcome to today on a friday morning, 7 00 out on the west coast. Friday the 13th and its busy. It is. Lets start with our top story a recording reportedly from Donald Trumps past that surfaced this morning. Well talk to mr. Trump about that. First nbc National Correspondent Peter Alexander with the latest. Good morning. Reporter this is donald trump like you have never heard him