S p 500 above 2100. Above a level that some traders have been talking about. 18,000 for the dow. All three major averages moving to the highs of the session. The highest that we have seen. Jones industrial average , last may is when the dow hit its record. 1. 1 . Nly off about the s p, around the same so we are getting closer to reachieving that record for both of those averages. The nasdaq, little further away. Todays session, energy has turned around and is the best performing group in the s p 500. Up about three quarters of 1 . Health care is gaining. We have Consumer Staples being pulled lower in part by earnings from coke. I wanted to look at other earnings movers that are not quite the biggest names but still important ones to mention. Textron coming out with earnings that Beat Estimates. The company saying bell little changed in terms of sales but its growth in industrial Aviation Industrial and aviation that did better than estimated. The chipmaker coming up with earnings that
Vonnie russias president Vladimir Putin says he is trying to prevent the spread of terrorism. U. S. Officials say russian airstrikes in syria are not aimed at Islamic State, they are targeting opposition groups fighting serious president bashar alassad. Asidehas vowed to keep and power. Attacks hit one group of rebels trained by the cia. Secretary of state john kerry called for a political solution. He appeared with his russian counterpart. Even as we do not have yet a resolution with respect to some critical choices in the political solution, we think we have some specific steps that may be able to help lead in the right direction. U. S. Is concerned there could be incidents between russian planes and u. S. Warplanes in the same area. That government stimulus may be having an impact on manufacturing. Chinas measure of factory activity stabilized around a threeyear low. The report signals Government Spending on infrastructure gaining traction. Governmentrom forecasters, they cannot rul
It is monday. My producers will try to stop me with tonights mystery guest. Headlines from bloombergs olivia sterns. Thank you so much. American express has agreed to spin off half of its is this Business Travel unit. It creates a joint venturer with a group that includes the sovereign wealth funds. It is expected to be completed in the second quarter. Sony recently produced the movie robocop and is said to have a new round of firings in the entertainment division. The cuts are part of the effort to improve profitability. They cuts are said to be taking place at the base as well as other ones worldwide. Outdoor america has vowed to raise as much as 1500 million in a u. S. Ipo. It is the latest step in the plan to spin off a billboard division. They plan to sell 20 million shares for 26 and 28 each. Cbs will own 83 after the filing. Those are the top headlines. Back to you. The u. S. And the European Union are hitting russia was some of the toughest western sanctions since the end of th
Cristina alesci tells us about her firsthand experience. It is monday. My producers will try to stop me with tonights mystery guest. Headlines from bloombergs olivia sterns. Thank you so much. American express has agreed to spin off half of its is this joint unit. It creates a venturer with a group that includes the sovereign wealth funds. It is expected to be completed in the second quarter. Recently produced the movie robocop and is said to have a new round of firings in the entertainment division. Are part of the effort to improve profitability. They are said to be taking place other base as well as ones worldwide. Outdoor america has vowed to raise as much as 1500 Million Dollars in a u. S. Ipo. It is the latest step in the plan to spin off a billboard division. They plan to sell 20 million shares for 26 and 28 each. Cbs will own 83 after the filing. Those are the top headlines. Back to you. The u. S. And the European Union are hitting russia was some of the toughest western sancti
Erik schatzker is in colorado. We will hear from him in just a moment. We do have some breaking iso manufacturing data. Lets go to Michael Mckee. It looks like it is a little and versuss estimate may. Although the numbers underneath are not bad at all. Were talking about a fairly high reading to begin with. We were 50 54 last month. Month. 55. 3 this an elevated number. The new orders index goes up to 58. 9 from 56. 9, suggesting we will see strength ahead. Good news for the economy. The production number changes hardly at all from 61 down to 60, but that is a very elevated reading. The one everyone is watching, employment and. Similar to last month, 52. 8. We did see job growth in manufacturing last month. The forecast are we will still see job growth in the month of june. All in all, a decent report, even if the headline doesnt maybe live up to what economists had hoped. Were seeing the s p around the highest of the session. Thank you, Michael Mckee. Erik schatzker is a beautiful col