Good news, lower on Interest Rates, clearly a dip lower on yield again today. Keeps focus on stocks. Also germanys gdp coming in better than expected. Thats the biggest economy in europe, is germany, of course, the driver. The fact they are weathering the storm since brexit, thats a very positive sign, even with china decelerating a little bit, i still think germany is bigger, i trut the data more. Buy signal, sell signal or take a break signal . What do we do here . Backing and filling higher, i think. I dont look for an explosive move, but keep backing, filling and just stairstepping higher. Kate, congratulations on the new gig at black rock. Happy to have you back. Whats going to work for us now that weve reached yet another milestone . The plays that worked for the year, bond proxies, telecoms, utilities, et cetera, or in the quarter that weve experienced here, the technology stocks, the discretionary stocks the material stocks . Hows it going to play out. Let me talk about the bro
Health of retail looks like. Tough to get handle on retail these days. So diverse. Plus after a recent rash of airline glitches, there are new calls from congress for airlines to overhaul their i. T. Systems. We will talk to that man there, senator Richard Blumenthal, one of those lawmakers behind the initiative. He and senator marky from massachusetts sent a letter today to those airlines seeking answers to the latest glitches here. And reporting earnings after closing today, tech giant getting toward layoff 14,000 employees, nearly 20 of its work force. Shares down about 1 on the news with those earnings coming up. Over that over the next couple of hours. Lets get to fed minutes and markets reaction in a minute. First a closer look at todays earnings mess in retail. Courtney reagan has the low down for us. Plus some recap of the special guests you had last hour. Courtney . Hi, bill. Remember last week we talked about retail resurgence, but i said, whoa, not so fast . Today targets tr
Good morning and welcome to World Wide Exchange on cnbc. Im sara eisen. Im wilfred frost. Good morning to you from me as well. Lets check on Global Markets this morning. A pause in the buying after we saw another little trifecta yesterday. Record closes for the dow, s p, and nasdaq pulling back just a bit here. Continuing the pattern of up one day down the next. Weve seen that for the dow for the last several weeks. S p futures down 4. 5. Nasdaq futures down almost 8 points. Check out the british pound slumping to the lowest level against the euro in over three years. Giving a little bit of relief this morning. We just got word that cpi Consumer Price inflation reported down. 1 . Up. 6 for the year on year was expected to be unchanged. Important because its the first hard data postbrexit for the month of july. All weve gotten so far are surveys. Were going to start getting a picture on how the brexit is impacting the economy. Underplaying the rebound off the back of the data a little b
Heat. You know we will watching for cold front out to west. To dive southward across region. Thats going to bring in less humid air ever so lightly. But we are still going dealing with some heat. But i have this storm there are some showers and storms firing up. They just be look all of that impressive right now. Across the area. But there are few thunderstorms pushing into connecticut. Noticing some of these showers pushing into berkshires. Sort of losing their steam. We will continue t this. Because we do have lot of heat and humidity ahead of in b. Taking closer look down in connecticut thats where they are seeing thunderstorms with a lot of lightning. And main threat that do develop as we head into afternoon evening hours. Will be torrential rain as well as light even some strong winds taking showers and pushing them east at 30 miles per hour. Brings in chance of rain into boston area right around 8 00. Chance will continue although think they will be very hit or we will bring in a
Scene. Good morning cleveland will have more starting tomorrow morning at 8 00. A woman mord murdered by a straker who she met during a traffic accident. Police say the shooter is now in custody after that crash happened near rid land and stole ebb roads. Tonight were learning more about the victim. Derek, you spoke with her husband, the neighbor tonight. Reporter and tracy, the victims husband seemingly in a state of shock did not want to appear on camera but a neighbor also stunned to find out this woman was shot and killed in what seems like a peaceful neighborhood seemingly at random. I was just shocked. It was 53yearold Deborah Pearl who was shot and killed early saturday marng morning following this traffic accident. Police said they took the they said he ran a red light and hit the car. Hers was out there and started on fire. I was shocked. We heard it as a very distraught peetion of news to have to hear and one of the nice men who said hello to me was the first meeting of a nei