Politics and economics here. To my knowledge, nobody has asked for clearing to move from a business standpoint. Francine good morning. This is bloomberg surveillance in london. E lacqua we have a lot to get to. The fomc meeting some underpinning everything we see on the market. Bunds are very important because they are getting closer to taking out that 0. 5 yield level by the day. Todays push could be coming som comments by the bank nonstandard measures. Oilnted to show you crude as well, 45. 47. Lets get straight to the first word news. Reporter the United States has warned military action might be necessary to deal with north korea. This is after the test of a Intercontinental Ballistic Missile on tuesday. The United States is prepared to use the full range of our capabilities to defend ourselves and our allies. One of our capabilities lies without considerable military force. We will use them if we must, but we prefer not to have to go in that direction. Reporter the Trump Administr
Take a look at the charts right now. Dow jones extending gains, up. 7 . The s p 500 also up. 5 . We are seeing the dow and as an p5 hundred gaining for a fifth consecutive session. Nasdaq reversing yesterdays losses. Investors got data this morning that showed that jobless claims in the u. S. Held at the lowest level since mid april. But going into the bloomberg and taking a look at the sectors that are gaining on the s p 500, you can see financials clearly leading those gains, a. 9 percent. Of course, we have positive ,arnings out of jpmorgan beating expectations. Seven days of gains already, the longest winning streak since november, 20 14. Energy shares are also up. 3 . Oil up from a twomonth low. Analysts saying it was time for a hard sell off the only sector in the negative is utilities at the moment. Take a look at transportation right now. It is soaring. The transportation index of more than 1 . Earnings from csx are pushing the index higher a sixthow gaining for day. Take a loo
Prove it. Got an insanely addictive gain for econ nerds everywhere. Power lunch starts right now. Welcome to power lunch. Econ nerd Brian Sullivan with three hours left in the trading session. Stocks, as you can see, at session lows, mildly in the green. But if this recent trend continues, it may not be for long. Trying to lead the dow higher at this hour, you got merck and other names out there. As you can see, the dow is up just 19 points. Goldman sachs doing okay. And were pleased to have seema mody riding shotgun with us today. Hi, everyone. Im seema mody. Heres what else is up on power lunch at this hour. Housing starts falling more than expected last month after two straight months of gains. U. S. Attorney general Loretta Lynch says this weekends explosions in new york and new jersey are being investigated as an act of terror. And the National Hurricane center says Tropical Storm lisa has formed in the atlantic. It is not expected to make landfall in the u. S. Lots to get to this
Lets not move too fast. This was 1938. Civil rights activist to are disobeying segregation codes in the south my first question is what led you to write about this subject so arcade you may not even be able to see copies . Is struck me odd that the president did United States across decades talked about in the wars the of the Intelligence Community they do not talk about the president s daily brief there is a disconnect their the most famous coming after a 9 11 with the 9 11 commission revealed what it looks like him but has to do with terrorism before and 11 but nobody has put together the pieces the press statements made and how the use the book and the differences across administration and is struck me the story that can be told the right way the interesting thing is the people who worked on it 30 or 40 years ago but you cannot talk about this even within the Intelligence Community it is that secret the work of the daily brief is classified and the funny thing is that was the policy
Maryland where several authors will be discussing their books on a variety of topics including politics, race in america and drone warfare. We kick up live coverage with a panel call the American Dream, american greed. [inaudible conversations] good morning, everyone. Welcome its been a good morning. Welcome to the Annapolis Book festival. Be the moderator todays fantastic Opening Panel entitled American Dream american greed. She coauthored the smartest coauthor the smartest guys in the room with the Energy Trading giant and ron but more important she fourth told that a few years earlier when she started to ask questions is it overvalued and transparent . Actually we she says there may be another issue brewing we should listen. To my left is a very talented contributing writer to the New York Times writing extensively on College Athletics but has dived into the of multi dimensional Human Interest tories behind college athletes. And he has my sons dream job and frankly my dream job it i