The dreams still alive. Will some day come true. This country belongs to folks like me an you. And you. Cheryl welcome to the fbn a. M. Good morning. Im cheryl casone. Lauren good morning. Im lauren simonetti. Cheryl lets take a look at how your money is moving. It is fed decision day. U. S. Futures are slightly down, dow down 23. Lauren we continue to watch the yield on the 10 year treasury, right now, 2. 08 , a gain of 2 basis points. Cheryl as tensions continue to escalate in the area around iran and the strait of hormuz, oil is down 13cents, 53. 77, weakening Global Economic story. Lauren a rally in asia overnight. Shanghai composite gaining 1 , hang seng up 2 andahalf percent on news of the extended meeting between President Trump and xijinping at the g20. Cheryl on the heels of Mario Draghis stimulus in europe, that powered markets in europe, slightly in the red. Lauren President Trump kicking off his Reelection Campaign with a big rally in the Battle Ground state of florida. Che
Fbn a. M. Starts right now. Wake me up before you go, go,. Dont leave me hanging on like a yoyo. Wake me up before you go, go. Dont want to miss it when you hit that lauren wake up is right. Welcome to fbn a. M. Im lauren simonetti. Cheryl good morning. Im cheryl casone. Lauren lets take a look at how your money is moving today. U. S. Stocks retreating from record highs, dow futures down a modest 40 points, nasdaq down 20. Cheryl taking a look at the yield on the 10 year treasury. Were watching this with r regards to Interest Rates, up 2 basis points, 2. 03 . Lauren data on tap today, a auto sales, and on friday the june jobs report. Cheryl as tensions in iran continue to play out, oil is down 22cents. The contract is up more than 1 yesterday. Lauren stocks in asia, hong kong opening today for the first time this week despite the riots there. The hang seng up 1. 1 , shanghai composite down fractionally. Cheryl taking a look at europe, those markets are mixed. The ftse slightly higher,
A packed arena in orlando, florida, touting the strength of the u. S. Economy. Our economy is the envy of the world, perhaps the greatest economy weve had in the history of our country. Maria more from his big rally last night, weve got a lot coming up on that, stay with us on that, cvs and viacomm, look t what the deal can mean. Instagram post thats causing a lot of buzz in sports today, mornings with maria begins right now. Maria would you make a knew before you knew the Federal Reserves intention, thats what the investment is doing this morning, waiting and watching, key Interest Rate decision at 2 00 p. M. Eastern today, yesterday President Trump commented on head of central bank jay powell indicating a potential demotion. Watch this. Lets see what he does. I can tell you that droghi is the eu, they have a much different stance that our folks do. As you know, he did something today that was very dramatic and frankly helped that part of the world, we will see what happens, they will
President trump commenting on negotiations yesterday at the white house. They are also meeting, it actually be done before our meeting, i think we have a good chance of making a deal. I think they want to make a deal, they are losing, Many Companies are leaving because of tariffs, they dont want to pay tariffs. Dagen european trade going down on a different path, 4 billion in trade value, pasta, cheese, whiskey, metals and chemicals. Fixed Income Portfolio jack mcintyre, good to see you as always, what to make you look at fixed income, you look at the bond market, 10year close to 2 but the s p at new alltime high, who is right, because the fixed income market treasuries say slow do you know slowdown ahead . Believe it or not, they both can be right. For that to happen you need noninflationary growth because thats whats driving the fixedincome markets, obviously whats driving equity is the idea that hey, the fed is going to cut maybe 50 this month and weve got some growth, so as long as
It wants to pay you to track your phone. And before you book your next vacation, youre going to want to hear this report. How hackers are targeting online bookings for some of the hottest Summer Travel destinations. Ist is thursday, june 13th. Fbn a. M. Starts right now. Cheryl here is how your money is moving at 5 00 a. M. After a second day of losses, u. S. Markets turning things around. We have got green arrows to show you. The dow up 79, s p up 9, nasdaq up 34 andahalf. Were following breaking news out in the gulf of owe man, off the coast of iran, reports say two oil tankers possibly have been attacked. That hit the crude oil contract here in this country and brent over in europe. Taking a look at light sweet crude, theres a gain of almost two andahalf percent. Now checking the yield on the 10 year. Investors looking ahead to next weeks fed meeting and a possible rate cut. The yield, 2. 12 , that is a loss of 3 basis points. Now, the unrest continues in hong kong. Taking a look at