Jimmy li will join me this hour in this exclusive interview. Markets on the upswing to begin futures. Take a look at dow industrials 344 points. Nasdaq up 109. Thats almost 1 . S p higher by 9 points. The dow posting best month since 1987 with gain of almost 12 , other averages also higher by 12 and 11 all this as we await key testimony from federal jay powell and jimmy mnuchin today and unused covid relief funding. Return to high seas, we are taking you on a port on how they are getting ready. Another missing monolith moved. Making a buzz this morning. Mornings with maria live right now. Maria all right, european markets meanwhile look like this as rally is underway on wall street. European markets higher across the board. Ftse up 123 points. Almost 2 , cac quarante up 62 and dax index up 135. British factories reporting fastest growth in 3 years. Purchasing Managers Index rising to 55. 6 in the month of november. In asia overnight green across the board. Chinas manufacturing pmi54. 9
At 8 30 a. M. Eastern. Major retailer reportedly ready to file for bankruptcy. Commerce secretary wilbur ross will join me in 30minutes time. Markets look like this, fractional gain at the start of trading, dow industrials up 13 points and s p half a point and s p nasdaq up in 22. Dow trails finishing up 377 points, the nasdaq was up 32. Headed for third consecutive week of declines. Controversy is growing in general flynn case. Calling for fbi report that officials claim have vanished. Mornings with maria live. Global markets look higher across the board. Cac quarante is up 34 and dax index in germany up 179. Bank of england governor Andrew Bailey says negative rates are not being considered this following comment of jay powell this week and Germany Economy shrinking 2. 2 in the First Quarter. In asia markets were mixed. More signs of slowdown in china overnight. Retail sales there for the month of april were out, they were down 7 and a half percent. Then there was industrial output s
Fbn a. M. Starts right now. Hey, hey, hey, its a Beautiful Day. And i cant stop myself from smiling. And i know theres no denying. Its a Beautiful Day the sun is up. The musics playing. Cheryl it is a Beautiful Day. Welcome to fbn a. M. Im cheryl casone. Ashley good morning, everybody p. Everybody. Im as ashley webster. Cheryl ahead of the jobs report and more importantly a broad gauge of Manufacturing Activity before the bell, futures are higher, slightly, dow up 41, s p up 5 and a quarter, nasdaq up 19 andahalf. Ashley take a look at whats been going on in asia. Generally positive. The nikkei in japan is up a third of a percent. The cough kospi is up 8 10 of a percent. Cheryl a busy brexit week for the folks in london. The ftse is higher this friday. And the cac and dax are in the green as well. All right, President Trump taking the stage in mississippi tonight, just a day after claiming that that vote to move forward with his impeachment inquiry was causing damage to the stock marke
Comes out tomorrow. Again motors revealing the fourday strike will cost them 3 billion, closing up 4 . Connell fox Business Team coverage. Our top stories, Edward Lawrence live at the white house. Gerri willis on the floor of the New York Stock Exchange and Grady Trimble on capitol hill. That is where boeings ceo has been facing tough questions from lawmakers. Gerri, on the markets. First to you. Reporter start on the news. J j shares were halted for trading. Mysterious what was going on. We found out what was owing going on. The company tested baby powder, two skip separate companies tested their baby powder. Two previous bottles tested found no asbestos. Closed at 129. 12. It closed and did not reopen for the stock market. There were maybe a dozen traders standing over there waiting to find out what was going on with j j. They got their answer. Should be good news for the stock tomorrow. Additionally, 60 tested recall lots, conducted by two Third Party Labs finding no asbestos. 129.
That is taking over. It is thursday, it is july 11th. Fbn a. M. Starts right now. Wal walk away, walk away, walk away, walk away. I will follow. I will follow. Cheryl welcome to fbn a. M. Good morning. Im cheryl casone. Lauren good morning. Im lauren simonetti. Let us take a look at how your money is moving this morning. Youre going to like it. The nasdaq will open at a record high today. The s p 500 will recross the historic 3,000 level as investors say a july rate cut looks like a lock. Cheryl the 10 year has been sensitive to all things Federal Reserve including the expectation of that rate cut. As you can see, the yield is 2. 04 . Actually a small fall today. We have seen the yield on the rise recently. Lauren the oil rally certainly continues. Wti at a sevenweek high, 60. 76 a barrel with a Storm Brewing in the gulf of mexico, Oil Platforms being evacuated. Cheryl as u. S. China trade talks on the phone, were waiting for more confirmation of further meetings between the two countr