Market because it seems to push most economists in favor of a rate hike in september. By right now we have the s p 500 down of almost 1 . The nasdaq is off 9 10 of a percent at 5000 11. Take a look at treasuries. Some buying here pushing yields down. About four basis points on the 10year note. That jobs number came in a little shy of the estimate in but if you look at all of the component pieces of the job report, it actually looks fairly strong. You have growth in wages, a strong number of hours i more americans working, earning more money. Mark we will get some context in a moment. List to get a look at the top stories we are following this hour. Value are Capital Management now has a 1 billion stake in American Express and the activist fund is said to be considering shareholder and lead changes at the nations biggest credit card insurer. People familiar with the deal say the stake is less than 5 of amex right theyve a market value of about 74 billion. Matt carl icahn is revealing an
We have quite a lot going on in the markets. We are getting breaking news out of china. Reserves are little bit above estimates, but in mind what what we were expecting. But in line with what we were expecting. Onto your markets. The turkish lira. A Senior Member of the Catalan Party calls for dialogue with spain. Lets get straight to the bloomberg first word news. Heres sebastian salek. Sebastian a senior republican senator has said Donald Trumps reckless threats towards other countries could set the nation on the path to world war iii. President treats it often like a reality show. His support will be critical to the president on tax reform. After a massive rally in barcelona over the weekend, a the catalanr of Administration Calls for dialogue with madrid. The catalan president vowed to press ahead with his independence strike. Angela merkel has a great to an annual cap for migrants into her country. It is the first policy fallout on the recent election. She had previously resisted
At 11 06 a. M. It doesnt count officially until you close at that level. That can often times prove a devil of a time. Higher you get, smaller leaps are percentage wise. To market watcher Jonathan Hoenig and fox businesss nicole petallides. Nicole, when the crescendo was hit, what happened . There is always elation. They open up hats which they will not reveal in the the moment you cross it. You can beg, cry, plead, offer your firstborn child, they wont give you the hats. Finally crossed it, monumental psychological level. It shows overall optimism that really has hit wall street since the election. Weve had a great run. The idea we have more businessfriendly administration and that fundamentals improved. Look at winners. Caterpillar, dupont, home depot, those have been best former since dow 22,000. Alltime highs, johnson johnson, united health, three names that really comprise half of the gains, five names, would be boeing, caterpillar, home depot, Goldman Sachs and 3m. Neil, you exha
Lindsey graham. That republican civil war. There has not been a more destructive presidency than george bushs. More evidence that the Republican Party is showing signs of splitting in two. And in the wake of the Harvey Weinstein scandal we ask female senators to share their me too stories with meet the press. He slammed the door and lunged for me. I have a story. He looked at me and paused and said did you bring your knee pads. Remarkable stories of what happened to powerful women early in their careers. Joining me for insight and analysis are tom friedman, daniel pletka. Robert costa for the Washington Post and cooper, pentagon correspondent for the New York Times. Welcome to sunday. Its meet the press. From nbc news in washington, the longest running show in television history, celebrating its 70th year this is meet the press with chuck todd. Good sunday morning. This was a week when attention should have been focussed on issues with real life consequences, future of health care, tax
Schumer and republican senator Lindsey Graham. That republican civil war. There has not been a more destructive presidency than george bushs. More evidence that the Republican Party is showing signs of splitting in two. And in the wake of the Harvey Weinstein scandal we ask female senators to share their me too stories with meet the press. He slammed the door and lunged for me. I have a story. He looked at me and paused and said did you bring your knee pads. Remarkable stories of what happened to powerful women early in their careers. Joining me for insight and analysis are tom friedman, daniel pletka. Robert costa for the Washington Post and cooper, pentagon correspondent for the New York Times. Welcome to sunday. Its meet the press. From nbc news in washington, the longest running show in television history, celebrating its 70th year this is meet the press with chuck todd. Good sunday morning. This was a week when attention should have been focussed on issues with real life consequen