And the wildfires out west, huge, fastgrowing blaze sparking mandatory evacuations in idaho. Sun valley, that is the area that is apparently most at risk out there. We are going to go there for the latest on the battle to contain those fires. Sue is out today but simon hobbs is in at the nyse. Talk to me, simon. Hi, tyler. On the floor of the north korea New York Stock Exchange, its a holding pattern. You will see an outperformance from the nasdaq. Thats partly because of apple, partly because of intel. A lot of the talk is about where we are on International Interest rates and the tenyear in particular after we have the selloff last week which pushed the yield up 20 basis points. Were trading just below 2. 9 , as you can see. A lot of talk about what that means as we move towards fed speak later in the week. Let me just show you where we are on oil. 107 more or less on the nose. Lets check those big moves, those big cap names in tech. Bertha coombs is live at the nasdaq. Bertha . Anal
Discussions is the fiscal cliff. The annual meeting of the securities trade group is taking place in new york today. And the looming risk the u. S. Economy is sure to be on the agenda of participants. Well be joined by a few of those this morning. Including gary gensler. Chet heick will also be joining us. On the lighter side of thing, well have a rock star among us this morning. Yeah, we mean this literally. Not just the rock stars we usually have. John popper of blues travelers will be joining us on set at 8 40 to talk about the business of music. But first, lets get over to joe. You have some breaking earnings news . I do. At about six numbers for dupont. Ill give you the one that is comparable to expectations. And that is 44 cents which is versus 46 cents for an estimate. But first the company said it posted a lot of a nickel from continuing operations. Then it said it was 32 cents excluding items. And then it said the bottom line was actually a penny, but excludeing everything, it
The dow is down 36 points. Were off the lows of the session, and were keeping a close eye on the yield of the 10year note, which has been approaching 2. 9 , which traders keep telling me could be a negative trigger for this market. Thats the big issue, schbt it, 2. 9 on the soyear. Volume on the low side. No surprise. Were into august, end of august. Target, j. P. Morgan, though, the worst dow performer. The government is reportedly looking into the firms hiring practices in china. Is j. P. Morgan in the administrations cross hairs forever now, and if so, we will have analysis. And facebook may be redfaced today because the Facebook Page of mark zuckerburg, yes, the Mark Zuckerberg, it was hacked. If his page isnt safe, is anyones . Its yet another blow to internet privacy and security, and well have much more on that story still to come on todays program. Scary stuff. Lets check the markets as we approach the final stretch. The final hour of the day, the Dow Jones Industrials average
His stake in energy producer, chesapeake energy. He owns just shy of 10 of the stock according to regulatory filing. Liz the firm upgrading the stock to overweight saying that the retailer should see growth in the midteens in the future. Ashley investors keeping close eye on egypt as the violence showing no signs of ending. Government killing 25 killing of defend five Egyptian Police officers near the border with sinai near israel. Liz order for 60 new fighter jets. Who is ordering . South korea. Sources say the u. S. Aerospace giant undercut rivals in the bidding war. After the bell starts right now. Ashley lets get right to todays action. Jason pried from pride from glenmede sees the market grinding higher and he has three ways to make you money. Joining us from the pits of the cme, joe cusack. We drifted along in typical august fashion but suddenly saw a big spike on the 10year yield, didnt we . We saw it get mortgage of 2. 89 . When you see the 10year move like that bond prices sta
Retailer is struggliing as he says he cannot promise that things will get better. And big discounter offers stock at 21 euros per share. Good morning or good evening if youre in asia. We kick off with another set of data before the ecbs meeting tomorrow. Its the final pmis for may, final services pmi 53. 2. Its a tick down from the flash of 53. 5. It is still nevertheless the highest since june 2011. And it is higher. Aprils was 52. 1. The final composite pmi has come in at 53. 5, a tick down from 53. 9 which is the flash april 54. We did see of course the french number coming down just a little bit as well. The german private sector growing for the 13th straight month in may. Well break down that but of course another key bit of data ahead of the ecbs meeting tomorrow. Theyre widely expected to take action. How much, of course, is still to be decided as they will come back, euro dollar around the 1. 36 mark we were yesterday. Before that, though, lets talk about the g8. What was suppo