A check on the yields on the tenyear right now. Youre looking at the 30year bond, 2. 985 . Want to get a mortgage right now . What do you think . Anybody . Better hurry up. What do you think . Better hurry up. Hurry up, right . Trains left the station . Whats going to happen to real estate prices . Well, commercial real estate prices, cap rates fallen to 4 . They only have one way to go. This is very true. Among todays top stories, were watching oil prices closely ahead of a key opec meeting wednesday. Crude was down sharply on reports of disagreement between opec countries and non opec exporters like russia over who should cut production to curb oversupply. A meeting scheduled for today between opec and non opec producers was canceled after saudi arabia decided not to attend. Take a look there. Wti down just a few cents a barrel, 46. 03 last trade, brent unchanged. On this weeks economic agenda, tomorrow look for the estimate on thirdquarter gdp, the s p caseshiller, Consumer Confiden
Nasdaq declining 0. 56 i dont think its over. Its just morphing into other areas not yet picked over, which is what happens when much of the s p 500 is higher and the russell 2000 index of small capitalization stocks goes up for an astounding two weeks in a row. I cant tell you how rare that is. Sure, you heard people say maybe trumps appointments will bring things down, or maybe his trade policy could cause a backlash or the media wont let up on him and the recount story might make waves, or the dollar has been too strong since the election, and trumps meddling in the affairs of the United Technologies indiana carrier air conditioning plant is just the begging of how hell interfere with business. Or even that his reaction to the death of fidel castro with a couple of hardline tweets is just to flaky to gain. But honestly, i heard nothing that stuck. Nothing is going to repeal this changes in tax policy or the potential defeats he might suffer in congress or the problems with the debt
Africanamerican elected president. In her speech to the Democratic Convention last night, Michelle Obama didnt forget. I wake up every morning in a house that was built by slaves, and i watch my daughters, two beautiful intelligent young black women playing with their dogs on the white house lawn. So dont let anyone ever tell you this country isnt great, that somehow we need to make it great again, because this right now is the greatest country on irt. Earth. This country will make history again tonight when Hillary Clinton is nominated by the Democratic Party in the roll call this evening, and you can bet her husband will not neglect to point that out. Hes the keynote speaker tonight. Democrats will try to keep up the momentum tonight that Michelle Obama kicked off last night. John, thank for you that. John harwood is in philadelphia. Joining us this morning keith boykin and Michael Barnes who served as a political policy adviser in the bush administration. Good morning to you both. G
Where are we . Around there. As you can see. Hanging around 44. 50 on wti and you see brent as well. Our road map this morning starts where you expect it to, donald trump, taking an ominous tone in his acceptance speech at the Republican National convention. We will bring you the highlights live from cleveland. And we have a parade of earnings this morning, stocks moving on those results, everything you need know about the reports. Ge, starbucks, at t, honeywell and a lot more. Roger ailes is out at fox. What happens next . And what it means for the entire media landscape. In his acceptance speech last night at the Republican National convention gop nominee donald trump set in the tone for a battle against Hillary Clinton. Amon javers is in cleveland and brings us more. Good morning. Good morning, david. It was a Family Affair at the Republican National convention in cleveland last flight. Donald trumps daughter ivanka introducing him to the crowd. A lot of americans will have seen iva
A shopping mall. The suspect killed two people and wounded two others before being shot and killed by an off duty Deputy Sheriff. Nbcs dan schulman has detailed. Reporter it was about 7 00 local time, when he crashed his vehicle in tauton, massachusetts, 40 miles south of boston. After the crash, the individual, who has been identified as arthur derosa, 28, of tauton, exited his vehicle, and gained access to a home at 270 merrick street. Once inside, he stabbed two women. Reporter one of the victims, age 80, died. A short time later, the suspect crashed a car into a store at a nearby shopping mall. We dove right in and after that, thats when my mom was like hurry up and we dodged the other way. It happened the fastest thing. So im like pop out and go. Reporter once inside the mall, he assaulted several people, one died. I was shopping. I didnt know what was going on, so everybody started running, including the macys employee. So we started running. Reporter an off duty Deputy Sheriff s