That final tally 52 votes to leave, 48 to stay. David cameron was on the wrong side of that outcome and he announced hell step down as Prime Minister by october. The british people have made a very clear decision to take a different path. And as such, i think the country requires fresh leadership to take it in this direction. I will do everything i can as Prime Minister to steady the ship over the coming weeks and months, but i do not think it would be right for me to try to be the captain that steers our country to its next destination. On the flip side uk independent leader nigel farag jubilant. Dare to dream that the dawn is breaking on independented United Kingdom. Let june 23rd go down in our history as our Independence Day [ cheers and applause ] obviously very big questions, jim, being asked about globalism and nationalism, but on a shortterm basis, on a today basis, do you go shopping . Well, look, theres a couple things we have to keep track of down 7 , we get the trading halt
And the government found a scapegoat. The ahead of tsa security reassigned. The head of the Veterans Administration say they dont check wait times at disney, why should we at va. Best buy, a big hit coming to the stock. Sex, money, politics, what else do you want . Varney company is about to begin. Oh, yes, we do call it the retail ice age. Big named stores clearly struggling, some them at least. The shopping mall, you can say thats threatened. The best one online is best buy. The Quarterly Results beat expectations, good news, but the guidance was incredibly weak for the next quarter. Thats hurting the stock right now. Strong areas where home theater stuff we appreciated with best buy. Appliances and mobile phones and tablets, stock up 8 1 2 since the beginning of the year and its going to get clobbered today because of that weak outlook. You know, is this online sales hurting best buy . Yes, a little. But certainly they say the First Quarter is the weakest of the year. Stuart another
Beat goes on and on good morning and welcome to Worldwide Exchange. Im sara eisen. Im wilfred frost reporting from washington today as wells fargo ceo was the before the Senate Banking committee. More on that including his prepared remarks in just a moment. Finally a very good morning to you from me as well. Looking good in washington. Miss you here. Playing my Favorite Song to keep me in a good mood. First a check on the global markets. U. S. Equity futures after they gave back most of their gains yesterday on the turning in oil prices. Oil was up 2 gave most of that back and stocks followed suit. Looks like were up in the premarket here, 42 points on the dow. Futures up five and nasdaq up about one. See if we can hang on to those gains. Theres some Economic Data, some housing earnings and of course two big fed meeting and boj meeting starting today. For the ten year treasury note yield lets show you where we are this morning hovering around that 1. 70 level. Hasnt bunched. 1. 69 is y
Of texas, his committee is actually demanding hard documents and records of management knew and when they knew it. Hes with us. 24 hours before janet yellen and the fed make their september rate decision, Dow Jones Industrial is hoping gaining of 49 points, latest on the suspected terrorist, president obamas un refugee proposal and what donald trump is saying today about the vetting process of migrants. With less than an hour to the closing bell, lets start the countdown. [music] liz will they or wont they is the trillion dollar question on wall street . You can see investors are fine with it. Theyre waiting on not one but two major Monetary Policy decision from the Federal Reserve bank. The bank of japan as well is coming out with something. After climbing as much as 100 points earlier, the dow is pairing back some of the gains, now trading by 51 points to the upside. Lets take a look at whats weighing. Exxon mobile tumbling following report that is the securities and Exchange Commiss
Melissa there you go. Back to the markets. The dow rising slightly as investors are waiting on the federal reserve. Trader Scott Shellady is watching all the action in oil and gold from the cme. Ashley webster on the floor of the new york stock exchange. Lets start with ashley. Talk to me about todays trade. Ashley tell you what, melissa, you can almost feel the markets are moving sideways as we wait to hear pearls of wisdom, i say that sarcastically, from the fed tomorrow. The bank of japan overnight could very well set the tone for tomorrow. Today were moving sideways. What hasnt been moving sideways is the retail sector. It has been moving down, bigley, or largely of the shares of Parent Company names like lotf, lane bryant. Down 20 fine after missing Fourth Quarter profit. Samestore sales missed. They lowered their guidance. Put that all together sell orders came pouring in. As you see from other retailers they were dragged down with this. Express, dfw, sears, jcpenney, all moving