Above 44. Jobless claims, below 300,000. Yellen expected to make her first public speech after that big september fed meeting. Continuing of that major shakeup at volkswagen as martin winterman resigns. Microsoft with a big deal and a 38 billion commitment with boeing. Pope francis has departed for the u. S. Capital where the pontiff is scheduled to address a joint meeting of congress in about an hour. Pope francis expected to speak on a number of topics during yesterdays remarks at the white house. He spoke about Climate Change, im immigration and ledgeus liberty. He will be the first pope to address congress in this fashion. Boy, is he different. I have had the privilege of having an audience with the pope two weeks ago in the vatican s he is revolutionary in his own, quiet, reserved way. The one thing i would point out about this pope was that i was at rome. He went to go buy eyeglasses by himself. He has made the vatican accessible to everyone. This immigration is going to be front
Of lock towns throughout the city. Traffic wasnt as bad as i expected. A lot of people took head of the warnings to stay clear of the area. First lets get to the markets. Check out the futures this morning. Youll see big gain across the board. Right now it looks like the dow futures are up by 250 points. The s p futures up by 24 and the nasdaq up by 52 points. She said it would likely be appropriate to raise rates if near zero in her words sometime later this year. The understanding we had when she spoke last week after taking q and a and stuff it seemed like a very dovish excuse at that point. Markets have sold out since then but yesterday it sounded like it was full speed ahead and they would like to raise this year. We never know cause and effect because everybody has different opinions. It looked to us like they had big down days. That would have been a switch from the markets rallying every time we heard that would have been a switch. I can think of what youve been saying. But i h
Says and the three, count them, stocks he likes. Okay. Well stocks well off their heigs this hour. The dow was up 173 points earlier on in trade. Todays big ipo stumbling out of the gate. Dom chu is on the floor with the juicy details. Mandy, tyler, the big deal here is this ipo here for pure storage at post eight right behind me. It was supposed to be this barometer, if you will, of tech ipos and the appetite for that kind of investment or risk in this marketplace. It priced at 17 bucks a share, right in the midpoint of the range. They sold 25 million shares. So again this company wanted to see their stock go up out of the gate. However, what youre seeing up there on the chart is down 5. 5 , near the lows so far today. Its traded in a range. It went as low as 16, as high as 17 at one point. As you can see on the bottom of the screen, this company is important for a lot of us viewers out there because it was one of the cnbc disrupter 50 companies from 2015. Those companies that were we
Michael horn blames individuals for that emissions cheat. This as they say the fine should fit the kicrime. Theres talk between europe and the u. S. On what reasonable and effective fines will be. Lets not go over the top here. Shares in glencore jump after they will battle zinc production. The move lifts stocks across europe. Hi, everybody. Good friday morning. Glad youre with us to wrap up the week together. Our european equities this morning flat to a little bit higher. The shocks europe 600 higher by. 5 now. Our main European Equity markets this morning, this is what were looking at. Ftse up by 0. 3 . Ftse mib by. 5 as well. Quite a bit of green. Our memories escape us. Lets see what type of week its been so far. Since mondays trade weve seen a rally there. The ftse 100 on the week higher. The dax up by. 5 and the cac up by 5. 5 and ibex up by 6. 5 . We saw a big sell off taking place with vw in the fray the week before. You had worries about what the Central Banks are going to do
The truth on behalf of the families for the four dead americans. I should not be a distraction from that, and thats part of the decision as well. Thank you very much. Theres been some rumors that a letter that was put out by no. Can you put to rest those right now . No. Come on. Who do you think [ inaudible ]. Huh . Who do you think i think the conference should be able to decide. Thank you all very much. Okay. That was Kevin Mccarthy listening right there just a few moments after he shocked a lot of people pulling out of the race for House Speaker. He said of the party, i think were going to be stronger. He admitted that the vote was going to be tough, said he didnt want to win with 220 votes, would rather win with a much larger majority and also commented on the comments he made regarding the Benghazi Committee saying that wasnt helpful to the overall process. Were sort of left in limbo as to where the vote for House Speaker goes from here. The stock market clearly didnt like the new