And donald trump in the dustup with megyn kelly. He said his comments were quote, appropriate. Shots fired in ferguson, after police and protesters attending a rally to mark one year after the Fatal Shooting of unarmed teenager Michael Brown. And it was a down week for wall street last week with the dow, the nasdaq, s p 500 all losing about 1 . The s p energy sector, the worst performing sector losing by 4 . Utilities the best performing sector. Were keeping an eye, of course, on oil prices which continue to move lower. Dow about 30 points, nasdaq, techheavy nasdaq up by 17. And we do get the sales ahead of a potential fed rate hike still at this point seems to be september. Taking a look at the cnbc global index. Mixed data were looking at. Trade right now index is seeing a gain just around a quarter. A point, as you can see coming off the highs of the day. Interestingly enough, as you take a look at european markets, greece is in fact a part of the discussion, greece hopes to continu
Those blasts sent massive fire balls into the nights sky. The initial blast erupted at a warehouse for Hazardous Materials and triggered other explosions at nearby businesses. Those explosions could be felt miles away. The cause at this point not immediately clear. Lets take a look at some live pictures this morning from tianjin china. You can still see the smoke cloud billowing. We heard from hyundai. Well take more of a look at whats happening with china in a bit. About 4,000 imported vehicles were destroyed by that blast. Heres the big stories today, China Central bank holding a News Conference in beijing overnight arguing theres no basis for continued currency depreciation. Earlier in the day they set the rate below yesterdays close. Well have a live report in a moment. Athens wants to see a vote before a euro zone identifinanc meeting tomorrow. It argued it lacked clarity on the direction of policies. Here in the u. S. A busy day on the data front. We get jobless claims, july reta
Oil still trudging below 43. Our road map begins with chinas ripple effects across the global markets. Was a secretive News Conference enough to stop the bleeding. Retail sales are rebounding. Some major Retail Stocks falling hard. More pain to come in the sector. Two stocks sinking on secondary offerings. How should investigators make those moves . Futures lower. China allowing is currency to weaken against the dollar for a Third Straight day. Cutting about i 1. 1. The Third Straight day of cuts as applies to markets. You sat here yesterday and said you like the setups and you saw what the dollar was doing. People are going to think these are okay. The dollar is back to being strong. Oil challenging 42. Those stocks were integral to the turn. Interest rates kind of doing nothing. The earnings other than cisco. The retail earnings directly in contrast to the retail sales number. You put macys and kohls together, you have to wonder what nordstrom is going to say. Yesterday was perfect.
At the beverage company. A 19year cocacola veteran. Most recently president of the companys european arm. Shares are basically flat today. Year to date they are down a bit by about 2 . Sara eisen is with us live this hour from the new York Stock Exchange. Sara, this isnt only a story about coke today. A big controversy erupting over the Health Impact of the soft drinks. Yes. Scientists at the center of this weeks coke controversy is speaking out. Dr. Jaimes hill at the universiy of colorado says the recent media reports on his work vastly oversimplify a complex issue, he says, of fighting obesity. Coke has faced a firestorm of criticism this week after the New York Times reported monday that coke is secretly funding dr. Hills work which says that obesity is mainly caused by lack of exercise, not diet, not calories like those in sugary drinks. Well, thats not entirely true, says dr. Hill. He says diet is a critical component of weight control as are exercise, stress management, sleep an
Where is the value . We will talk to a Top Value Fund investor this hour. And he will point us to three stocks that he likes right now. How about the race on democratic side . There are 17 of them on the republican side there are three right now. Can you name t2 of the 3 on the democratic side . You know clinton. You might know sanders. You know omalley . Well, those two guys gore. The veeps, gore and biden may be getting in. More there are more and more questions popping up on the democratic side. Will gore, will biden jump in and challenge hillary . Mandy is out, sara eisens in at the new york stock exchange. Good to see you, tyler. Start with oil, watching that price move. Its been sharp today. Were off the lows of the session as we speak, actually pushing higher 42. 56 is wti. Earlier in the session we dropped below 42. We hit the lowest point since march 2009. Well see where oil goes next. Also want to show you some of the big oil companies. Exxonmobil is trading lower by about. 2