Coming up here. The former ceo of mcdonalds says the number may look bad but the current employee picture looks even worse. Hell explain why coming up. And donald trump calling that jobs report in his word a bombshell. Larry kudlow and barney frank will be along. And Joel Greenblatt gives us a peek into his strategy and why people should own a bucket of stocks like apple. He explains coming up. So much more. Weve got a lot of things planned, coming up. Lets talk about the things that cattalized the jobs rohrs. Steve liesman, what in the world happened here . You know, it was a week number. No sidestepping it was well below what the street was expecting and now everybody turns to the fed chair janet yellen who steps up monday and will have to react to this dismal jobs report. Remember she said she thought it was moving in way to hike it in the coming months but now says steven stanley, i expect that chair yellen speech writers were told to clear their calendars for the weekend and a new
Choice. Will be so good for detroit. We will also give our police and Law Enforcement the funds and support they need to restore law and order to this country. Law and order. [ cheers and applause ] thank you. Thank you. Without security, there can be no prosperity. Without security, there could be no prosperity. We must have law and order. We must have law and order. [ applause ] and by the way, our police in this country are really unrecognized for the incredible job they do. Thank you. [ applause ] in the coming days, we will be rolling out plans on all of these items. One of my first acts as president will be to repeal and replace disastrous obamacare, saving another 2 million american jobs. [ applause ] we will also rebuild our military and get our allies to pay their fair share for the protection we provide to them, saving us countless more, billions of dollars, to invest in our own country. [ applause ] we also have a plan on our web site for a complete reform of the veterans ad
In asia overnight, markets there also closed higher. The nikkei was up by 2. 4 . Hang seng was up by 1. 5 . The shanghai composite up by 1 . In europe, in the early trading, again, more green arrows, the dax is the biggest one of the major advancers. Right now, german markets up by. 8 . The cac is up by. 4 of a percent much the ftse at. 1 . Crude oil prices were lifted by renewed talks by opec members to restrain output. We saw that ground pick up on friday and this morning, wti is up another 1 1 3 percent. Moss cow is ready to discuss an ol production freeze. Here are the stories to watch. Not a good day to fly delta. Thousands of passengers around the world experiencing delays this morning due to a system wide computer failure. Delta saying our systems are down everywhere. Thats in response to a user complaint. At delta news hub tweeting, due to a computer outage, flights awaiting departure are delayed. Flights on route are operating normally. Customers should check the status of the
Down a bit, as for the 10year note yield and oil, really oil and perhaps becoming more important yet again to our broader equity markets it is up rather sharply extending gains from oh. From friday after the strong jobs number. To our road map and it starts with walmart buying jet. Com for 3 billion in cash and 300 million worth of walmart shares. That will be paid over time. The biggest acquisition of an Ecommerce Company ever. More on the deal coming up. Plus, delta trying to get back to normal after all flights were grounded across the world due to a computer problems. Shares lower this morning. And from the pool to the beach, all the highlights from rio, including Katie Ledecky and michael phelps, both of whom wowed the crowd last night. I could watch that swimming all the time. Just love it. Being thats what i do. More important on the troubles of brazil. Just watch the competition. The competition is incredible. It is. Moratorium on the life. Heres the problem with the water, the
Our road map with more retail reports. Lowes and target disappoint. But there are some retailers bucking the trend this morning. Well fill you in. Plus, Donald Trumps campaign shakes up its staff again. Trump doubling down on his strategy for the final stretch. More upsets in rio, more medals for u. S. Gymnastics. Well get the latest olympic tally from andrew in brazil. But first up, stocks are looking to rebound from their worst session in two weeks after posting record highs on monday. Wall street awaiting the 2 00 p. M. Release of the fed minutes from last months meeting. Meantime yesterday, new york, fed president dudley and atlanta fed president lockhart said a rate hike is possible at the fomc september meeting, guys, only question is whether that hawkishness is going to be reflected at 2 00. Yeah. I mean at 1 00 first when James Bullard talks and then at 2 00. I think its been a noisy message from the fed officials not just because of what theyre saying but theyve been consisten