Mobility t in 2008 and 09, matt kaywood spent many grad School Nights in a san franc rco labearching a. I. And neuroscience. But getting home meant guesswork. Which of several buses might show upfirst . That type of information was nol yety available. When they first producedre time live information, i my problem, id nave to solve wait out in the fog again. But the problem was there wasnt a singlet place to get all. Reporter in his free time, kaywood began developing a platform to get it all. Buses, rails, car Services Like scooters too. , bikes and in 2013, he was working inc. Washington, hen he took a prototype to a mentoring group for entrepreneurs. And thats where he m ryan croft, a Tour Company Owner whoseen travels had t him to 50 countries and 100 cities. They all had poor traffic. Information is king. At the time they need it, they n make an informed decision. Reporter they started bootssrapping a busi transit screen. Along the way a former u. S. Resident took notice at a start
Nasdaq once again there was a decided lack of volatility. At the close, they had very modest gains. It was enough. The dow rose 39 points. Thisas not just another record powered by stks. This shows some strength in unexpected places. That could mean new opportunities for invests. Another quiet run today. Led by real estate staples. Its been a solid day. Pushing sectors to new highs. Not only is the market cap rate but the equ rated vergsz of that index is also at new highs. It carried thead b index higher. The gains are more broad based. Thatoo really news, investors love that. The fact is, value and Growth Stocks are hit new highs at the same time. Thats a little unusual. Value stocks, things like bank stocks. Beyond that, a defensive cyclical names are hitting new highs. Alth care, nal highs, right g with cyclical Like Technology and communication services. You s . It seems like every time one sector falters, another its play. And much of that optimism has been fueled by positive tra
Radical new look and power train for the mustang name plate a one on one with ford ceo jim hack et coming up. Saudi aramco falling short the company out with a new valuation thats less than investors were expecting as Worldwide Exchange begins right now. Good morning welcome to the show im dominic chu in for Brian Sullivan. Here is how your money and the Global Markets are setting the day up after the dow closed 28,000 for the First Time Ever on friday breaking above the key level just in the last few moments of trading on that day you can see there the time lapse of the moves this morning, stock futures indicating the dow will open up slightly higher. The dow is coming off its longest win streak since february the s p seeing its longest win streak in two years at that stage. As you can see the dow jones up by another 40 points if these gains hold into the opening bell, the s p up by 3 points and the nasdaq up by 17. If you take a look at the overall picture, also bonds a key focus as
Carl quintanilla with Morgan Brennan and jon fortt. Interesting monday morning getting news a few moments ago that the president met with jay powell earlier today, tweeted about that got a statement from the fed as well as the market tends to struggle a bit this morning for some direction joining us, michael puree vis, and pete stall good morning, guys good to see you both good morning. News from the fed first and then the white house is interesting. What could they have to talk about . Seems like the macro i think it is interesting you listen to any Earnings Call in the last six months, how many of them are belly aching about cost of capital not hot enough, not low enough there was some belly aching about trade. And Dollar Strength, sure, but the Dollar Strength has been persistent but hasnt been dramatic not a reply of the 2015 and 2016 which threw earnings off it has been a gradual steady rise that allowed ceos to manage more effectively, at least to manage the street better on that
I dont know but the general perception is among economists and sort of just is were not going to have a deal that this is a war of attrition that the trade war is a war of attrition and that might last long mona sheriff thank you very much indeed as well from europe and ill be back with more news later now its over to sammy and. Bank so much on now the disputed kashmir came up on the sidelines of the g. 7 summit President Trump says he discussed the situation with indias Prime Minister nuri and the modi has been anger in indian administrate kashmir since new delhi revoked the regions semi autonomous status earlier this month from offered to mediate between india and pakistan but hes been back tracking on that. While we are there. The problem is. That only. Those with the back of. The world be able to do something. About it when we. Are. All issues between india and pakistan are bilateral and thats why we dont trouble other countries over these issues and im confident india and pakistan