To president elect biden Energy Continues a monster move higher the oil and gas etf up 13 in the last two days. Despite the steady increase in covid cases vaccine developments are continuing to help the likes of the airlines, cruise stocks, retail all surging higher today as we cross that 30,000 level once again, to check it we are still above it will we say that 59 minutes left to trade. 29 points above it. On todays show, two voices to help explain the dows record rise in just a few minutes Jeremy Siegel will join us and later Liz Ann Saunders plus former testry secretary jack lew will discuss president elect biden pick of janet yellen to lead his treasury administration. Lets get the latest from wall street mike santoli is tracking the action to led us to dow 30k. Certainly the story today because of that big round number i am going to keep it consistent, though, and take a fwlims at the s p 500. Similar look in every respect in terms of getting back up pretty much to an alltime hig
Good morning, i am tom mckenzie. Stocks take a breather, events set to test the ai driven rally. Raphael bostic reaffirmed the higher for longer mantra. J. P. Morgan boss jamie dinan lights a fire on succession talk. Closer than ever. Nvidia will discuss a new partnership. Our exclusive conversation with the ceo. European stocks and u. S. Stocks are near record highs. Modest gains yesterday. Nvidia will be a catalyst with earnings on wednesday. In the u. K. , inflation data crossing early. Futures pointing lower, european stocks pointing to losses around 3 . The spot index reaching the highest level since january of 2023. S p futures are flat. Lets flip the board and look cross asset. Weve been hearing from the central bank reiterating higher for longer. Messner saying it is no longer profitable, it is appropriate to go for around two. 433 on the benchmark 10 year and that is the bloomberg index. Modest gains and vision affects. Modest gainsetf speculation clod highs. Will bitcoin brea
Production for ten years and access to nuclear fuel and equipment for 15 years. Iran has to approve to the International International Energy Agency that it met it under the terms of a deal. Take a look at whats happening with oil prices. Theyre down by about 2 . This is coming because irans oil is expected to be coming back to the market. Thats putting wti at 5118. Not everyone is happy about todays news. Officials are condemning the deal. Benjamin netanyahu says it gives iran a surepath to Nuclear Weapons. Here in the United States congress now has to approve the deal and its expected to be a tough sale with many lawmakers saying they date of birthont think its close enough. President obama will make a statement on iran from the white house. Thats coming up at 7 00 a. M. Eastern time and we will bring that to you live when it happens. Our chief washington correspondent joining us on set to talk about all of this. This is a deal thats a long time coming. Many people thought it would n
Much power. Yeah. Black rock was beat. Later this morning we do have more delivering alpha stars stopping by our set this morning including your Capital Management founder. This conference could start at 8 30 eastern time and the preshow starts right now. Dont miss them. They will be on stage together later this morning so a very busy day ahead but first up to speed on the top deadlines. Three big Global Market stories developing at this hour. Parliament is in session. The government must vote on reforms that have creditors insisting on a bailout. Then overnight in asia chinese gdp data coming in stronger than expected. 7 year over year in the Second Quarter. In other reports retail sales also topping forecasts and the main index is down about 3 . The boj leaving Monetary Policy unchanged today. That comes as expected. It continues to expect the economy to continue with a modest recovery. Chair janet yellen will begin two days of semiannual congressional testimony. Shell appear before
Comments out of theboe. You can see how the safety trade is not playing out with dollaryen higher and a mild risk off move after the Missile Launch it now back onto the dollar story. Gold going nowhere. Jonathan potential terrorism in the u. K. , several people injured in an explosion on a subway train in london. Police said they were treating it as terrorism on a number of people were injured, suffering facial burns and some were hurt in a stampede, according to the press association. No word of the whereabouts of the perpetrator. Station inen subway london was cordoned off as police investigated and north korea is another manchild launch Missile Launch in japan after the United Nations approved harsher sanctions against the regime while Rex Tillerson says these continued provocations deep in the north korean diplomatic and economic isolation. Joined by our chief agent economics correspondents. Editor forcutive international government. Walk three details as they come through in londo