Want to use the companys experimental drug for myscular dystrophy patients. There are signs the fda will give it fast track priority. The main indexes all advanced for a 5th day. That close for the s p puts it on its longest winning streak for the year. Oil settled at a 7 week high. Gold opens at a more than 2 week low. There are reports ford will name its coo, mark fields to be its new ceo. Current Ceo Alan Mulally has said he will retire before the end of the year. And on the 44th annual earth day, comes the question how earth friendly are you . Eco america did a poll. 71 percent of americans say theyre concerned about climate change. A higher percentage say humans can reverse the damage. But would you pay more for environmentally friendly products to help do that . In asia 58 percent say yes. Only 32 percent in the us and russia would buy such products. Things have been hopping and popping in the bond markets. Lets talk with Glenn Schultz with Performance Trust about this. Lets star
As apple goes, so goes most of the market. The dow was down, but the s p 500 and the nasdaq made it into the green as apple had a much better day by rallying back above 500. Some ups and downs from ebay. Earnings were in line with expectations, but the outlook fell short. And the fed said in its beige book, the economy expanded across much of the country last month, but hiring was hampered by politcial uncertainty coming from washington. Todd horwitz of the Adam Mesh Trading Group joins us on this thursday morning. Good morning to you. A lot of traders are talking 1475 in the s p 500. What is it going to take to get there . Good morning. You know, were close. Right now the markets are in a tug of war between the bears and the bulls. They are trying to get to that level. Yesterday morning we had big boxcar earnings from j. P. Morgan and goldman sachs. That was not enough to propel the markets through those levels. I think the market anticipated a lot of this good news ahead of time. So
Suggestions of a hard landing. Shares saw the uk Engineering Group receive a bid from Frances Schneider electric. The big u. S. Banks get set to kick off earnings today with jpmorgan and wells fargo being the first ones out of the starting gates. Warm welcome to you. Final Worldwide Exchange of the week. And we start off with a look at where we are with equities. 6 to 3 advancers outpacing decliners. And buoyed by the fresh record close on u. S. Indices. The dow closing up. Ftse up 38 points. Today,. 6 today. Were up another 21 points. Ibex is lower. Still concerns about the look at peripheral. Looking at the individual stories that were looking at here. First of all, invensis up. They say it is likely to recommend a firm offer of around 505 pence a share. And still more share weakness for serco. Off 8 yesterday. Another 2 weaker today. An audit found the private contractors had overcharged the uk government for running schemes to attack criminals. Tens of millions of pounds were charg
Firms in new york are in place ahead of the socalled super storm. Reports say eurozone finance ministers will meet october 31st to decide whether to release 35 billion of aid to greece. 500 chefs are asking the u. S. Government to prevent unapproved fish from making it onto american plates. And the National Average on a gallon of unleaded gasoline dipped 14 cents from last week. Kevin craney of rjo futures joins us on this monday morning. Good morning to you kevin. Good morning. Betterthanexpected news about the economy came out in that gdp number on friday. Will we see followthrough in the market today . I think you will see a little bit of followthrough. That number is really a feel good number. 2 above expectations. But really i do think its important to dig down into the details of that number fixed investment and exports actually contracting. So, the question is how long can the consumer continue to spend and the government continue to spend and prop up the economy . So, i think t
m morgan, citi and wells fargo all reporting earnings today. the market will look for commentary around the outlook for interest rates, the macro environment, trade tensions between the u.s. and china, all of that stuff that s been driving markets over the last month is expected to take focus during these calls today. so that s the focus today. back to you, louis. let s switch gears and bring in bill karins with a quick check on your weekend forecast. we re just about done with michael. rain in new york city is finally ending. we got hit hard in north carolina and virginia. now the heavy rain is exiting new jersey. it s long island and southern new england that s going to be in the rain another three to four hours. then it will finally be gone. we go from hot and humid on the east coast to almost late fall like. it s 44 this morning in detroit. you re grabbing your coat.