Theyre about to make a big bet on all Day Breakfast. Will this be the move that finally turns things around for the fast food giant . Or is it just too little too late . We have both sides of yet another heated debate on mcdonalds. Everybody, you either love it or hate it right now. Nobody is lukewarm on mcdonalds these days. A lot of people like breakfast for dinner. We will see. That big selloff in commodities. Keeping an eye on that for you. Gold seeing the longest losing streak since back in 1996. Well discuss whether the strong dollar and the commodity drop could actually delay a fed rate hike. Oil just closing below 50 a barrel. Well start, though first with the tech sector. Getting hit the hardest today after apple and others reported disappointing Quarterly Results yesterday. Apple and microsoft are the bottom performers on the dow. Yeah we had those two plus go pro and yahoo. Theyre all down today. And go pro now has turned positive. It got slammed hard initially after reporte
Single one of its accounts was hacked the ceo of Palo Alto Networks will join us to talk about what can be done to stop these security breaches. Protecting our Financial System from hackers. Bank of americas chief operations and Technology Officer will also join us. Talk about what moves shes making to keep customer accounts safe in fact, kathy was just named the most powerful woman in banking for that reason. Shell join us coming up here. Looking forward to that but first, puerto rico bonds plunging after President Trump plenged to wipe out the islands debt following the devastation kautzed by Hurricane Maria we have to look at their whole debt structure you know they owe a lot of money to your friends on wall street and were going to have to wipe that out thats going to have to be you can say goodbye to that i dont know if its Goldman Sachs, but whoever it is, you can wave goodbye to that. That was last night then this morning, his budget chief mick mul vany tried to walk back some o
Higher one and a quarter percent. Im glad you cleared that up. Me too. Kbupg after the bell. The results of Bank Stress Tests and a number of dimpbd and buyback announcements could follow well tell you what to expect. Bid up again today big moves there lets get to the market move today. The dow, s p having one of their best gains in two months the financials leading the way there, the nasdaq is the big leader with a gain the biggest game percentage wise here lets get to the Closing Bell Exchange right now leah bennett from Westwood Trust is with us today good to see you my friend. And Rick Santelli checks in from the see me in chicago. Rick, i want to start with you because yesterday we talked about this taper tantrum that the european treasuries had had after mario said, you know, used the word reinflammation instead of disinflation, and the ecb had to walk that back today. You know, those yields havent given up all the that much as a result of that, have they . No, and that really is
And weve got someone who says its time to fade the growth driven fang stocks that are in the nasdaq composite. Hell explain why in a little bit here. Home builders are under pressure today after President Trump slapped as much as a 20 tariff on canadian lumber. More on that plus the president meeting with farmers at this hour to sign an executive order in just a few moments, of course, well bring that to you live as soon as it is released. And transportation problems, shares of ryder system hit hard today, down 12 , the ceo of the Company Joining us to explain why this business is under pressure. They were almost 100 stock two years ago. Now they trade at 69. The Trump Administration is considered friendly for truckers, deregulation, infrastructure. Just the economys hot. Talking about all of this. After the bell, big earnings for at at t, numbers and analysis for you after the bell. Beginning with the market, nasdaq hits 6,000 for the first time ever, dow revisits 21,000, and bertha i
Weve seen a selloff. We were down 76 points at the low, but weve come off those lows and were at 17,010 right now. And were keeping a close eye on the tenyear for that reason, too, watching a 2. 6 level as it also expresses, perhaps as art cashin was saying, a reassessment of the strength of the payroll report. Yes. Maybe its european concerns, maybe its the typhoon in japan. All of that well get to in just a moment. Meantime, the watch for the apple watch continues. The shares of apple higher again today in the range of 1. 7 . They are inching towards 100 a share. Thats near their nominal high, both before and after the split. The company poaching a Top Executive from luxury watch maker. Just how much is on the line for apple whenever it does unveil this watch . Well take a closer look. I guess they really are going to bring out an iwatch, arent they . Theyre talking about the fall. At this point. Look, if they can get it down to not having to be bulky and be with the phone right ther