They need to help people like me understand how to get this up and running pretty easily and within imessage. Thats the key. And the apple watch is going after fitbit. Once again im going to be wearing a dinosaur at some point in the technology world, but well take you live, get more details. Were still waiting to hear about the siri speaker that will take on alexa coming up. Thats the big question hovering over that conference. Also shares of blue birth b blue bird bioare poppi are popp trump announced plans to privatize air Traffic Control. What would that look like exactly, how does that work . Transportation secretary elaine chao will be joining us in a first on cnbc interview coming up in this hour. Lets get to the Apple Developers conference in san jose, california. Josh lipton is on the scene with some details for us. Josh . Reporter bill, there are more than 5,000 developers here behind me today. They want to hear about software updates. They listened to apples tim cook and oth
2. 14. Our road map begins with apple and new product announcements. Did we see anything that would move the needle . Plus a big change at j. Crew. Mickey drexel is helping down. New chief executive coming from quest elm. The president taking to twitter ahead of congressional meetings today. Lots of buzz surrounding apples answer to the amazon echo and google home, the new home pod unveiled at apples Worldwide Developers conference. Heres tim cook making the case for that product. We have such a great portable music experience, but what about our homes . We think we can do a lot to make this experience much better. Just like we did with portable music, we want to reinvent home music. Jim, we got the ar kit, we got amazon on apple tv, but home pod really stole all the headlines. I have the logitech music system. I have the Harmon Carden music system and i have the echo. I would tell you that the echo is really great. You can talk to the echo, but i talk to my wife. I dont need to talk t
Doesnt it . How long can stocks and bonds continue to go up together sh. Id say several more basis points out of the bond, judge. We have got low volatility, low inflation. Those are both helping stocks and bonds. The bonds of course are just running like crazy. There must be more shorts in this than in tesla, but down at 214, 212, where ever the ten year is, you could see it push to two. Perhaps under two. K is to bes are going to continue to go up. If its because of low volatility, then where he, and china saying they can see themselves buying more of the bonds again instead of stepping away from them like they allegedly has been doing over the past several months. Thats another thing thats you know, working against the bears on that trade. I dont know what it is. Rick, i mean, i dont know, is it worry about the agenda . Is it i dont know, ahead of comey . The economy . What is it. Why do bond yields continue to go lower. I think we can safely say it isnt comey. Running a memo b abou
Assist anything. And the citizens will protect their country and bring those that are guilty to justice. Maria plus an emotional return to manchester for Ariana Grande. She honored her young fans killed in a terrorist attack two weeks ago at her cons are. Conserve. [inaudible] trade to her moving rendition of somewhere over the rainbow closedoublequote is there. A rift between both nations in four countries cutting diplomatic ties with guitar over claims the country funds terrorism. Airlines cutting flight. Oil prices rising this morning at 47. 85. Major indices coming off of record highs in the u. S. Now pulling back this morning. Fractional losses at the open. Dow industrials down sevenpoint. Nasdaq s p 500 fractionally lower. We see mixed markets. The dax index is higher. 160 points higher in germany. The ft 100 done a quarter s. In asia overnight, across the board as you see there come the worst performer china, shanghai composite down half of 1 . The Infrastructure Program now inc
Schuster of pennsylvania. Bill shuster of pennsylvania. Monitoring breaking news out of paris, Paris Police Say it is running an operation in front of the Notre Dame Chris cathedral, calling a visibles visitors to ignore the area, a policeman fire a shot at a man who tried to assault him and we will bring you developments. Into the trading day in the u. S. , what is it looking like . In themuch change overall market but a downward by as the nasdaq is unchanged, slightly positive. A tight trading rate. The push of full affecting the session, on the plus side, tech names doing pretty well, Advanced Micro Devices spiking by 6 and apple saying that its imac pro will use a processor that company is benefiting and Analog Devices according to Morgan Stanley should get stability, especially in sentiment after its june 20 analysts day, the most debated stock under its coverage. On the flipside, weakness in retail, macys holding an investor meeting and its cfo says Gross Margins could be below i