Coming up on the show, we have Dale Stafford. He will join us on all the dealmaking and unmaking going on. We will preview aprils retail sales. Jon looking forward to that conversation. S p 500 futures negative five. Switch over to the board very quickly. 1. 1345. Lar, foot. Llar is on the front yields are down by two basis points. What a week for wti. 46 thought. Flat. Lets go around the world for indepth coverage. Selena wang as the latest. We are 90 minutes away from the april retail Sales Numbers. Speaking of ecodata, guy johnson has latest on euro area growth. Julia tells us what to expect a day after Dilma Rousseffs suspension. Apple has found a way to use its enormous pile of cash and it could have an effect on the uber. Lets get the details from selena wang. Selena this is a huge deal. This is the single largest investment they have ever received. Was in talks to raise 2 billion. This is very unusual for the smartphone maker. They dont normally invest in startup funding rounds
Results of lackluster volume. We will look at that in a minute. The dow is down 171 points, down nearly 1 as we head towards the close. It looks like we will have a down week for the Third Straight week. Lets take a look at the volume on the terminal. This looks at volume by industry. All are down. Telecoms seeing a drop, energy also seeing a substantial drop. Upticky group seeing an of 18 is construing or discretionary is consumer discretionary. Outside from that, not much activity. If you look at the s p 500 over the course of the day, you can see the interior rating prices. This downward decline accelerating after midday, as the s p is down 9 10 of 1 . Asant to look at oil prices well, because we see a lot of correlation between oil and stocks, but that has not been the case today. It has been down steadily throughout the course of the session. It has not seen that downward slide. We cant bring cant blame oil today. Carol talk about whats going on with the banks. Reporter there we c
Acknowledging that the American People are better off than we were seven years ago. Even he understands we made important progress. Connell the Senate Majority leader is here, Mitch Mcconnell is here to talk about his book called the long game. Should have a nice long talk about that. Interesting to hear the white house 8 you as almost a source. Dont know where they got that. I have been saying the opposite. The middleclass is shrinking, the worst recovery after a deep recession since world war ii. The number of people on food stamps is at a record level. The Labor Participation rate is where it was under the carter administration. I dont recall saying anything optimistic. Connell maybe we are better than we were at the depth of the recession. It was convenient for the white house. Another way of looking at it is how does this compare to other deep recessions . The worst recovery after a deep recession, the pattern frequently always has been the deeper the recession the quicker the dow
Were going to have the full story ahead in the skinny. It is thursday, june 9 there. From abc news, this is world news now. The bear. The bear. I cant stop thinking about the bear. No thank you. Why would you expose yourself to get that close . Lock the doors, buddy. Lock the doors. When that bear comes knocking good morning, everyone. Im diane macedo. Im kendis gibson. Of course, were going to get started with the president ial th the democrats. Specifically president obama welcoming Bernie Sanders to the white house this morning. Now, its believed to be their first face to face meeting since january. Now the president has signaled that he wont be telling sanders to formally end his candidacy. Insiders say thats a decision sanders has to make on his own terms. However, it is believed that if president obama is going to formally endorse hillary clinton, he would only do so after todays meeting with sanders. The president has called clinton whip smart and tough and says that she cares d
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