And how that will work its way into the week. Asia is a flying at the moment. Shanghai is at the front on the moment. The asian market is delivering, but what does that based on . We think it could be based on a lot of chat around the market. We could be saying further stimulus from beijing. It is interesting because you can compare and contrast that with what is going on in the west right now. You can see on the shanghai composite, a nice move this morning. We are up 3. 5 . Let me show you what is happening right now with u. S. Features. What we see at the moment is a negative story. Lets focus and a p are. S p tradingw and negative. The are not down by much. We have a lot coming up throughout the day. This is what Stanley Fischer has said overnight. Participants myself and is a pay to that achieving these conditions would entail an initial increase in the federal funds rate later this year. He cannot take december off the table. We will get a lot of commentary throughout the rest of
Warrant searching fifth floor apartment where the shooting occurred. Family members are gathering outside the building trying to absorb the shock of all this. The victim is 17yearold justice toll ver. Authorities tell us the shooting happened during an argument between them. She and her brother over the bleaching of the clothes. Father of both children spoke to reporters. I dont want to keep this armed and dangerous. He dont have a gun no more. Family members tell us justice was the mother of 3yearold girl. She will live with her grandparents. Mario is described as 5 feet tall and slender and last seen wearing black hooded sweat hurt. Search continues. Police looking for the driver involved in felony hitandrun in hercules. Lack at the dash cam video from transit bus. Pedestrians highlighted in the crosswalk. Driver of suv hit the 70yearold man so hard he flew out of the crosswalk. Witnesses say the driver got out of the vehicle and approached the victim then got back in the car and dro
Start to august. Yesterday, you were looking at the dow industrials, the dow transports, the s p, the russell 2,000, all closing at record highs. And the nasdaq was at a 13year high. Meantime, take a look at the tenyear. Yesterday, very interesting action here after all the strong economic numbers that we have been looking at. You saw the tenyear rising above 2. 72 , climbing again today to 2. 738 . What was interesting about that is while the yield was climbing, stocks were climbing too. People are looking at the good economic numbers and thinking, okay, maybe things are actually finally starting to turn. They kept coming, they kept it looked like a few i was wondering how the dow was going to finish as the tenyear. The tenyear yield was climbing through all of that. Same thing, trying to get that 38. Right. So many facebook shareholders waiting for that bad moment. As we mentioned, the data is coming after the markets closed at new all time highs. The dow was up 128 points yesterday,
Surprising on the upside. And the road map begins with the morning. We will break down the ones that you need to watch. The dell Shareholder Meeting adjourned again as michael dell raises the buyit offer with conditions. We will give you the details. People love the iphones and shares of apple up after reporting strong earnings last night. And not just the fcc but appears that criminal charges are coming for stove cohens s. A. C. Capital and what does that all mean . We are going to begin with cap pillar who the company says earned well below forecast ed estimates. They say they have been hurt by dealer machines inventory reductions and this comes a week after jim chanos told our alpha conference that he is shorting the stock. And we asked Delbert Doug Ober Hellmann about it this morning. There are 7 or 8 Million People going to 9, and raising standard livings around the world are going to require energy and certainly mining. It is not a Straight Line up, and we knew that. Super cycle
We did see record all day intraday highs. We also continue to follow, in addition to the major market averages, these three names came out. We are also watching dupont. Travelers has been to the downside. They did well with their secondquarter profit. We also have United Technologies. That is the third one we are continuing to follow very closely. Those are some hot stocks to watch in the Dow Jones Industrials. Adam thank you very much. Another bellwether name reporting today is ups. Customers chose cheaper and slower shipping options. Have customers given us a clue about the global and u. S. Economic recovery . We will take that to benjamin hartford. Are these earnings a statement about what will happen . I think what we have seen, you know, ups spoiled the fun so to speak about ten days ago when they preannounce earnings. The transports have said what the broader industrials have said. I think expectations are being reset here. It is still very much to be determined. That is what we