Falling short yesterday. Adp helps, up 281,000, above estimates, strongest number in almost two years. Tenyear yield crept up to 26, two days in a row now, the fed may fall behind, and yellen speaks at 11 00 a. M. , and u. K. Home prices surpassing the 2007 peak. Road map begins with dow 17,000, index closer to the landmark. Will that better than expected adp number get us there . Dimon diagnosed with throat cancer plans to run the bank as normal during treatment. Google buying songs for an unus closed amount. Gopro going negative. Stocks setting up for the first down session since going public. Dow inches closer to 17,000, new record, and s p and nasdaq at new highs, adp surpassed expectations ahead of jobs thursday, tomorrow. Improving by 281,000, estimate was 205. May unrevised. Economists do not tweak models on adp anymore because of new methodology, but its better than the alternative. The surface jobs, well, where were they created . I dont see them in retail. I dont see them in
President obamas new round of sanctions, warning that measures would back fire and bring u. S. Russian relation toes a dead end, causing serious damage. As for the russian market reactions, take a look. Stocks in moscow were down sharply in early trading. You can see theyre down by 4. 3 . Later in the show, senator bob corker will be joining us. He is a member of the Foreign Relations committee. Hes been calling for tougher sanctions on russia. Well have more of that coming up. Right now, lets get over to andrew with more of todays corporate stories. Good morning, becky. Ge, former parent of this network, reportedly seeking buyers for appliance unit. It tried to do this back in 2008. It scrapped those plans, though, given the financial environment at the time. Ges Ceo Jeff Immelt promised investors to divert interests that arent seen as core. The company is set to post quart ily results before the bell toll. Well bring thou to you. If you have a dishwasher or a washing machine or you k
To get that, but you never know what happened in this final hour of trade. And could arthur dampen the rally . Im not talking about the arthur sitting next to me. The fourth of july could be washed out on the eastern seaboard. It is expected to become a hurricane soon. And the real damage could be done expected at the fourth of july holiday. Well talk about the winners and losers and get you an update on the storm. Also, women cannot have it all. Thats what pepsis ceo said and that candid and controversial statement has been lighting up twitter and getting a lot of action. Were going to tell you more of what she said and why she said it coming up today on the closing bell. Thank you, indra, thank you. Now, as was mentioned, the dow is positive, although were towards the lows of a choppy and narrow session. Mean wile, the s p 500 is still going to stay positive right now. It is right at that 1973 mark and the nasdaq is off by about 4 points. Theres the nasdaq down 4 points. It has been
The rallys sales. We only need a gain of about eight points for a new high. Were already up 60, and thats even off the highs of the day here, kelly. Thats right. So, were sitting at 17,120 on the dow. There are reverberations from yellens remarks, particularly in biotech, down today. That may speak all more to the strength were seeing across the Broader Market here. Obviously, keeping an eye on the big names involved in the mega deal you mentioned, we should note right off the bat, shares of fox are down almost 4 . Shares of time warner are surging today. Cnbc first to report that Rupert Murdochs 21st century fox is trying to buy the company, even though time warner is saying no. Murdoch is apparently pressing. We will speak with former universal chairman bob wright, who knows all the players involved here, about how this might play out. Will murdoch add to his empire . How much could it cost him when all is said and done . And does it make sense in this environment . Well talk to bob
Some 93 minutes ago. Malaysia Airlines Says it lost contact with the plane over Ukrainian Air space. Sue is out today. Kayla is at the new york stock exchange. Hi, kayla. Hi, tyler. Good morning to you. We have Live Team Coverage of this story beginning at the top of this hour. We start with chief International Correspondent Michelle Carusocabrera. Michelle, we want to get to the latest from you, but nbc news is reporting that u. S. Commercial flights have been prohibit from flying in that air space for fear Something Like this could happen. The faa apparently issued a notice in april about this. What else do we know about this region and what some of the response has been . That notice was specifically about the crimea region. They were concerned about that. Two new things to show and tell you as well. Well show you some photos that reuters has sent over, but they have taken them directly from russian 24. This is a network in russia. It appeared to show photos of debris of the plane o