Race wall street was expecting looks to be set. Hillary clinton has clinched the democratic president ial nomination, becoming the first woman to lead the president ial ticket of a major party. Much of the focus today was on the Presumptive Republican nominee, donald trump. The two highestranking republican members of congress, paul ryan and mitch mcconnell, have come out against trumps attacks on a hispanic judge presiding over the Trump University case, calling him pilesed because hes of mexican descent. I disavow those comments, i regret those comments he made. Claiming a person cant do the job because of their race is the textbook definition of a racist comment. I think that should be absolutely disavowed, its absolutely unacceptable. Senator mcconnell expressed frustration saying it is time to quit attacking various people that you competed with or various minority groups in the country and get on message. Late today in a statement, trump said his comments about the judge had been
Race wall street was expecting looks to be set. Hillary clinton has clinched the democratic president ial nomination, becoming the first woman to lead the president ial ticket of a major party. Much of the focus today was on the Presumptive Republican nominee, donald trump. The two highestranking republican members of congress, paul ryan and mitch mcconnell, have come out against trumps attacks on a hispanic judge presiding over the Trump University case, calling him pilesed because hes of mexican descent. I disavow those comments, i regret those comments he made. Claiming a person cant do the job because of their race is the textbook definition of a racist comment. I think that should be absolutely disavowed, its absolutely unacceptable. Senator mcconnell expressed frustration saying it is time to quit attacking various people that you competed with or various minority groups in the country and get on message. Late today in a statement, trump said his comments about the judge had been
Estate loans. Should the government pay more attention to art lending . I love this story. A new report says sothebys and its lending arm could be creating a shadow banking system. To hide laundered money. Crazy. Robert frank will be along to talk about that in a little bit here. A settlement for Gretchen Carlson, the fox news anchor claiming she was a victim of Sexual Harassment. More on what it means for twenty First Century fox. There was plenty of deal making. We have the stories. Dom, you first. Kick things off here at the board. Bill, merger monday. No more. Labor day holiday. Takeover tuesdays today. Well talk about the first big one. The german pharmaceutical looking to buy monosanto. Thats up 2 from the 125 bid they had before and up from the 122 bid before that. When we combine them in a hypothetical deal, the biggest Crop Sciences seed manufacturer in the world and brings together monsanto. They own roundup and then bayer as we know it in america and dr. Scholls foot care co
If you check out crude oil prices. Crude was all over the place yesterday. It did end the day up. See its up 31 cents right now. Wti at 45. 14. Nasdaq closed at a new high for the year yesterday. Lets get you caught up on some of the other big stories were watching. Notable comments coming from San Francisco fed president. Cue the star warz music. Repeating calls for gradual Interest Rate hikes saying it makes no sense to get back to a pace of steady increases sooner rather than later. The economy is in his words in good shape. Fed policymaker criticizing the Central Banks approach of targeting low inflation saying that method gives the fed too small of a buffer to fend off shocks. It is yap big day. Thoeld holding product event. Expected to unveil latest product lineup at 1 00 p. M. Eastern time. We talked about it. The focus of the event on the new iphone 7. The phone likely to have a faster processer and more pressure sensitive button, higher more pressure sensitive. This is the det
Hours. Tim cook will take to the stage to unveil what is expected to be a new iphone. Maybe more. Bill ackman betting on burritos Pershing Square takes a large stake in chipotle shares are up this morning. Under armors push in china. Kevin going on an asian tour with steph curry. Sara eisen is along for the ride. But it is a big day for apple, in just hours from now the Company Holds its much anticipated product event in San Francisco. Is expected to unveil the newest version of its iphone and offer a first look at an apple watch. Waiting for this for a while. You did work on the apple charts last night. Looking at levels it needs to hold. I thought the chart is a classic rollover but theres a woman who nailed carla, shes the mystery to me said that the stock would bottom at 89. If you take a look the stock bottomed at 89. Went back and said this could be the breakout typically because this stock tends to go in patterns of symmetry. Now i am not a chartist. I just look at a chart there