Bounce. Stocks climbed for the First Time Since the uks surprise decision to leave and the gains were strong across the board. Even as traders tracked explosions like this afternoon at turkeys ataturk airport, where according to reports, two suicide bombers blew themselves up. Its likely to be on investors radar tomorrow as wem. Today by the close, the Dow Jones Industrial 9 points to 17,409. The nasdaq added 97 and s p 500 gained 35. Bob pisani has more on todays rally on w. The markets bounced back on a come by thags of oversold conditions, a bounce in oil and the end of the quarter. E was on. A good sign there was a buying interest after significa drops. While the s p 500 is down object 3 this quarter, broad swaths of the market have seen significant decline, including banks, restaurants, airline, retailers and many big cap tech stocks. Microsoft, apple and alphabet are all down double digits for the quarter. Thes groups today that led. We had accident gains for delta. And for Banks
Time since the uks surprise decision to leave and the gains were strong across the board. Even as traders tracked explosions like this afternoon at turkeys ataturk airport, where according to reports, two suicide bombers blew themselves up. Its likely to be on investors radar tomorrow as wem. Today by the close, the Dow Jones Industrial 9 points to 17,409. The nasdaq added 97 and s p 500 gained 35. Bob pisani has more on todays rally on w. The markets bounced back on a come by thags of oversold conditions, a bounce in oil and the end of the quarter. E was on. A good sign there was a buying interest after significa drops. While the s p 500 is down object 3 this quarter, broad swaths of the market have seen significant decline, including banks, restaurants, airline, retailers and many big cap tech stocks. Microsoft, apple and alphabet are all down double digits for the quarter. Thes groups today that led. We had accident gains for delta. And for Banks Like Bank of america and citigroup.
Shanghai composite down by a third of a percent. In europe, already seeing that there are some advances there with the dax up by 0. 9 . Cac in france up by 0. . Ftse up 0. 6 . Watching treasury prices. Tenyear yield on the treasury hit another two week low. We have been keeping an eye on crude oil prices. Yesterday down by nearly 3 , settled at 44. 67. This morning a gain of 20 cents to 44. 87. In political news, a stop gap spending bill that would prevent a Government Shutdown this weekend has stalled in the senate. A number of democrats voted against the measure because it does not provide money to fix Drinking Water problems in flint, michigan. Some republicans opposed the bill because of lack of zika funding, and oversight of the internet. Senate leaders said they would exemplmroplore an alternative. And John Williams argues the u. S. Economy can hahnal a rate hike, its hard to justify rates being so low. Williams addressed fears that a hike would cause volatility. He said an easy
But were cut those gains in half. So maybe investors betting that the september fed rate hike is even less likely. Well look at what that means for the market, kelly. Weve talked about Donald Trumps trip to mexico and the potential impact on the immigration policy and what asht the currency in the peso. She cannot wait to tell us about that. Meanwhile, mylan shares hit. What a story this is. Theres news the company may have overcharged medicaid for the epipen. Theyre saying maybe grossly overcharged and now the Minnesota Attorney general is asking the company for documents and lori swanson will join us live to explain exactly what shes looking for in this new investigation on mylan labs. And new quodevelopments in Samsung Galaxy note 7 saga. Well have the latest details for you coming up. Lets start with the jobs report, the timing of the feds next rate hike. Steve liesman is all over this for us today. Give us the hits, runs and errors, steve. Theres a couple way it is look at it. It
Refugees compared to poisoned skittles, jet making Emergency Landing. Ceo wells fargo in the hot seat today. He apologized, accepting responsibility for scandal of wells fargo but sorry enough whether his job is at stake coming up. Markets this morning pointing to higher opening. Rally continues as a result we are looking at stocks expected to be up 50 points today in dow industrial average. Several banks no no focus. We will hear from janet yellen. In europe stocks are higher. Fractional moves. Quarter a percent higher to half a percent higher across cross the continent. In asia, it was fractional, nonetheless you had gains in korea but for the majority of the major averages we saw selling. Tim tebow making debut, nfl quarterback moves to the baseball diamond, already paying off. We will tell you about failed of that jersey. Rivals were throwing punches instead of pitches. Joining me to talk about it Morgan Ortagus and Anthony Scaramucci and dagen mcdowell. Good to see you. Dagen can