Plants. Well get the latest. And the iae saying the israelhamas war has oil markets on tenter hooks. The general take means the fed may look past this one. Well, look, theyre struggling on shelter very much because its rent. They took the housing out in the early 80s, and theres just not enough places built. We had some numbers this morning, i was watching on frank hollands show. Its 1 down in new york. Thats not thats not going to cut it. Jay powell wants to see housing rolled back a little bit more. Its up 40 . Rental, you need more apartments built. I think that he wants to see more good numbers in a row, and i cant say this is a good number. People were hoping for a 0. 1 and you do have 0. 1 if you take core exshelter, and people are looking at some of the new rent data and that will eventually get folded into these monthly numbers. And i think energy. But i just think that what happens is that you hope that other things make it down and make up for it, and you dont. Look, rent it
Inflation had markets wondering what comes next. What comes next is the cpi at 8 30. Crude oil prices are slightly higher. Up. 80 . Now to the latest headlines in israel. The minister of energy and infrastructure saying overnight the siege of gaza will not be lifted until the hostages taken by hamas are returned home. In the meantime, u. S. Secretary of state blinken arrived in tel aviv today. He is meeting with Prime Minister benjamin netanyahu. The Palestinian Organization posted on x that blinken will meet with abbas tomorrow. That is coming up tomorrow and the expectation is any invasion of gaza will not happen while blinken is there. That is in the next sixtoeight hours. White house officials saying they arie leaving open the possibility of refreezing the 6 billion after the prisoner swap with the support of hamas attacks on saturday. U. S. Spy agencies have obtained intelligence that shows iranian leaders were surprised by the attack. A second source describing intelligence that
From daly and kashkari. Plus, exxonmobil agrees to buy pioneer. Its about a 60 billion all stock deal. We will, of course, give you the latest. Its another big test for the ipo market this morning. Shoe brand birkenstock making its public debut thats how they pronounce it right here at the nyse. Ceo is going to join us here at post nine in the next hour. Lets start with that massive deal in the energy sector. Exxonmobil agrees to buy pioneer. The price tag, 253 a share. Its all exxon stock, so in this case, when exxon moves down, the overall value of the deal is impacted. Therefore, it is no longer 253 but not that far off from that price. They are talking about significant synergies, as much as 2 billion total annual average value over the next decade. 2. 3234 exxonmobil shares, its an 18 premium. Little background that i got, jim, and obviously want to get your take. You know this company, pioneer, so well. My understanding is having spoken to people familiar with the old situation,
Start. How do you start six months, andrew, in terms of the markets and the economy and what weve heard from the fed. Its like a tolstoy novel. You could do a month and it would take a half hour to go over everything we have seen you throw in a. I. And his investments around the world and you remind yourself 30 years 30 plus every year. That is almost its an amazing thing probably will never been done again. I dont know how it was done once unless you made some deal with someone who knows these things to do that well is spooky. Its scary i guess it comes from being smart. Were okay. Hes one of the smartest when it comes to these issues that will be 25 minutes of stan hes going to be in your chair you got to give your chair to someone. I would warm it up for stan. Perfect lets check the markets which well be talking about at length today u. S. Futures indicated up about 78 points. Mixed on nasdaq which is off a little so much of it has to do with a lot of what we are talking about which
George stephanopoulos starts right now. Jonathan dead heat. Lets get out and Work Together and get this done. We will make America Great again. Jonathan six months to election day. Our new poll shows a tight race for the white house as democrats dig in on abortion. This is the new reality under a trump abortion ban. Jonathan trump continues to campaign from the courtroom. All of this is greatly affecting our country negatively. Jonathan this morning, rick klein breaks down the new numbers, senator tom cotton joins us live, and our powerhouse round table weighs in. Campus clashes. [ chanting ] jonathan student protests erupt over the war in gaza. We will not stop fighting. This is only the beginning. Jonathan police move in. More than 2,000 arrested, many of them not students as universities crack down. There is the right to protest, but not the right the cause chaos. We have to get this under control, end of story. Jonathan the latest from new york city mayor eric adams. And youve shak