We begin with jamie dimon, Jpmorgan Chase ceo sitting down with jim cramer in just a little while. His bank out with earnings that did handily Beat Estimates, results from rival wells fargo, also above expectations. Senator Elizabeth Warren leading a new charge to break up the banks with an updated version of the 1933 glasssteagall act. The Company Warns q2 and full year will likely fall short of expectations. And carl icahn kind of sweetens his offer for dell. Whats it going to mean for that vote next thursday . We will discuss. Big day for us here. As we said, jamie dimon will be here at the nyse. Cramer with an exclusive interview at 10 00 a. M. Eastern time. A lot of things to talk about in the program. Are you ready, skee daddy . Ive got the ceo on my left here, im listening to you guys, ive got Elizabeth Warren on squawk. Heres what i have to say. This has become a Capital Market story. Thats how theyre trying to portray it to put it in english, they have too much cash so theyre
This mornings headliner citigroup. Well have analysts looking to earn 1. 17 on revenue of 19. 7 billion. For now im going to send it over to our good friend, michelle. Michelle . In global news china is the big story today. The economy there slowing further in the latest quarter. Second quarter gdp grew by 7. 5 down from 7. 7 in the previous quarter. But in line with the average and a list forecast. Meantime chinas implied oil demand rebounded in june to the highest level in four months. Among the reasons, refineries returned for maintenance. Analysts say they still expect growth in oil used to be roughly flat. Eu Officials Say talks on resolving a trade dispute over solar panels reached an impasse. An august 6th deadline is looming for an increase in tariffs. If the deal isnt reached, chinas Solar Energy Industry could have products face average eu tariff for near. An investigation into the cause of that friday fire on an ethiopian airliner. It was a 787. Unbelievable. Theres no evide
Another 1. 37 higher today and there you see ice. Ice, ice, baby. Crude is up 6 since the first day of the summer. Another big report from the financial sector, this time its Morgan Stanley up 4. 5 . Better today, up big, and the financials are up 40 in a year weve got it all covered for you on this hot day. Sue is down at the new york stock exchange. Good to see you, ty, and as you mentioned we hit alltime highs for the dow and the s p. You see the big board basically today, its running very strong. 81 points. The nasdaq, no slouch there, either. Its near 13year highs, and more importantly to a lot of chartists, the russell 2000 is at alltime highs as well. That 10year note, the yield right now is trading just below the 2. 5 mark. Well show that to you in just a few minutes. Bob and warren join me now on the floor right now, and warren, with respect to the financials, the nasdaq has quite a bit of support under it in todays trading session. Absolutely, and you look for the financials
An offer for secretary of state on the table . Mitt romney now praising the man he once called a fraud. He did something i tried to do and was unsuccessful in accomplishing, he won the general election. As Donald Trump Tweets this morning, hes drawing up legal documents to officially hand over his businesses to his children. And happening right now, House Democrats in a closed door meeting set to vote any minute. Will nancy pelosi keep her job as their leader . Were going to begin this morning with the breaking news and intense outbreak of deadly weather overnight slamming parts of the south. Several new details are pouring in. First to alabama where a powerful tornado struck as many people were fast asleep. At least five people are dead in alabama and tennessee and four others critically injured. Thousands remain without any power. Msnbcs march Rihanna Atencio joins me. Marianna, you have been in touch with emergency officials. What do you know so far . Reporter im only hearing msnbc.
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