Discovered new Software Issues and financials outperforming ahead of the stress test results. Joining for the hour to break this down is josh brown. I asked you what the key stock indicative of this market is and what people are watching you said gld that was surprising. I thought that was a private conversation, sarah nothing is private with me. I said gld because it trades like a stock and the dollar doesnt but what im really getting at i really feel the dollar is at a very critical level and i mentioned it was kind of sitting on support i think what the dollar does next from here could have big ramifications for everything from earnings estimates to emerging market stocks. It keeps weakening here. It hasnt broken down since trump has been president its been fairly strong. Some would say too strong. I know he would. For sure. You asked me what are people looking at and focused on, believe it or not its the dollar again gold is huge fiveyear breakout and breaking of the down trend is
live from cnn center, this is cnn newsroom, with lynda kincaid. well, it s 10:00 a.m. in israel and gaza. day three of deepening hostilities that began friday with israeli airstrikes in gaza which have since escalated in rockets fired toward israel. they say an israeli airstrike is to blame for killing people on saturday. the israeli military deny it is was responsible and released video that it says show as militant rocket going off course. israel says that s what cause thad deadly explosion. cnn can t verify either claim. here s what one palestinian woman said after her home was destroyed. translator: i started to cry and scream. and then the drone hit. and after that, there was an airstrike, which, as can you see, put our homes to the ground. all of that was destroyed. what can i do? where will we go tonight? cities across southern israel have been sounding warning sirens as militant rockets streak out of gaza by the dozens. the israeli military say the majority ar
Dont think have changed that much well discuss on street signs. Brent crude dipping below 45 a barrel for the first time this year, dragging on European Energy stocks. The healthcare sector bucking the negative trend as a surprise outcome of the heart drug trial gives novartis a shot in the arm allties raises almost 2 billion in its u. S. Ipo making it the second largest american offering after snap of the year. And rare good news for the uk Prime Minister theresa may as she prepares to meet with eu counterparts Northern Irelands dup says there is a good chance of a deal happening with the tories by next week. Its a down beat European Equitymarket were looking at following on from actually, i didnt think the u. S. Session was that bad the nasdaq moving to the upside as all that negative feeling around tech kind of dissipated somewhat and people looking on the down side to the oil price, which is in some cases dictating some sectors movement. As i say the nasdaq saw a very strong counte
When he takes the mic he will outline the house tax plan. We will take that one might as well. The allstars are waiting on the starting gun. Mark sanford of South Carolina. The next phase to vote in the house. They will react to the made in america announcement in the senate struggled with repealing obama care. As you just saw o. J. Simpson has been granted parole. The juice will be set free from a prison in nevada it will come in the fall after nine years in the slammer. What happens next. Geraldo rivera has covered the story decades. He is on the scene and he has the very latest. Markets take aims at new record highs. And i believe the russell 2000. The only one that is down right now is the tao. You need to be here. The markets could move on any one of the stories. Welcome back everybody. And we just want to start right now with the white house where an event is about to begin. President trump will make an announcement that is related to the made in america story. He has with the ce
Good morning, welcome to squawk alley. Were at post 9 of the New York Stock Exchange joining us this morning, re ric executive editor kara swisher joins us a lot to talk about including Apple Earnings after the close tim cook tempering expectations especially when it comes to iphone sales as more Customers Put off buying new devices in anticipation of the tenth anniversary iphone which may arrive as late as apples december quarter kara, a lot has been written about this particular cycle. Both the features and phone and the timing of the release. What are you going to be watching for tonight well, i think nobody is paying attention to this quarter. Theyre anticipating the next quarter. Projections will be happening in the december quarter thats whether they start selling the phones there is some stories it will be release the later and theyll be in limited quantities. I think everyone is focused on the phone and not you know this is the midyear trough as dan wrote today on recode. But i