Lori nice rally underway. Good afternoon, everyone. I am lori rothman. Melissa i am melissa francis. It has been 1351 days since the senate last passed a budget despite the law. They must pass a budget every year. Lori speaking of cash, treasury, budget him a new is jack lu . A man who is likely to be dominated the next treasury secretary. Melissa it is no secret that Congress Even the cardassians. Lori cannot wait to hear the results of that. Lets check on the market. It has been 15 minutes since we last checked with Nicole Petallides. Nicole there are nice gains. We have come off of our earlier highs. Still, the Dow Jones Industrials up about 55 points here on wall street. The u. S. Dollar also with an up arrow. Commodities are pulling back. Lets take a look at herbalife. A name that has certainly been in the news since the middle of december. We sell the stock shooting up. This is an 8. 2 stake. What you see is that pushing the stock to really jumping. We will continue to follow thi
Are grounding boeing 787 dreamliner jets while the batteries are being investigated. Shares of boeing are down once again this morning on this news. In fact, at this point, the premarket is down by almost 3 . Phil lebeau will join us live from ohare in just a moment. Also today, a number of names to watch before the opening bell, including citigroup, blackrock and united health. As always, we will bring you these numbers as soon as they hit the tape. We have weekly jobless claims, Housing Starts and the Philadelphia Fed survey. Claims are expected to dip to 368,000 from 371,000. Housing starts are seen rising to 890,000 to 861,000. Andrew, we have a lot of things keeping us busy today. We do. Thank you, becky. In the meantime, lets turn back to boeing. Cnbcs phil lebeau is at ohare this morning with more. Good morning, phil. Good morning, andrew. Were here at the international because this is where the last dreamliner in the United States landed last night. Well talk about that in just
Easily top forecasts. Chinese factories continue to fall back shedding jobs at the fastest pace in more than four years. Hsbc leads to more calls for fresh stimulus support. And hedge fund under fire. Reports say u. S. Prosecutors are set to file criminal charges against sac capital over alleged Insider Trading as soon as this week. Good morning, thank you for joining us. We have some information just crossing the latest picture on the eurozone. Lets just dive into the eurozone composite pmi, growth for the First Time Since january 2012. In terms of some of the numbers that have just hit, the composite pmi showing us there is expansion in business activity. The flash pmi estimate was at 50. 4. The read for the markets was expected to be in the order of about 49. 3. These are the estimates on the flash number for july. This compares to what we had in june when the number came in at 48. 7. We got to 50 on this key number, which is interesting. We havent seen that for quite a while yet. L
Had hello and welcome to Worldwide Exchange. Im kelly evans and these are your headlines from around the world. Bank of japan steps up its easing agenda under heavy pressure doubling its inflation a target and fed style openended qe starting next year. President obama lays out a liberal position for his second term during his inaugural address. And brewing giant sab miller reports a growth in third revenue quarter after chinas growi coldest winter in 28 years sees an increase in lagger. Ross westgate is in davos. In the meantime, big news out overnight, this one for Global Markets. The bank of japan delivered what markets had been banking on with a joint commitment to double its inflation target to 2 . It says it will buy 145 billion of assets each month starting in 2014 with no set deadline to finish the purchases. All that said, the yen is strengthening this morninfor mot be disappointed, lets get straight out tore kaori enjoji. Were seeing again in markets a little disappointment. D
See your doctor, and for a 30day free trial, go to axiron. Com. Otherworldly things. But there are some things ive never seen before. This ge jet engine can understand 5,000 data samples per second. Which is good for business. Because planes use less fuel, spend less time on the ground and more time in the air. Suddenly, faraway places dont seem so. Far away. Welcome to power lunch. Another day and another dow record. Dow jones adding on to its record breaking advances of yesterday. Right now, up 30 point at 14,284. 26. Now, s p, although very strong today, has not breached its high water mark. 2007 high. It remains in tact. But we are significantly above the 1500 level, which technically is key for that market. Nasdaq, last trade on the nasdaq down. In terms of gold, fractional gain in the gold market of less than a tenth of a percent. As for oil, west texas intermediate down on the trading session. We also want to look on the fear index wbt vix, down just a traction. Yesterday we saw