Wednesday on wednesday, the employment report for july will come out with International Trade. On thursday, well get jobless claims. And that all leads to fridays big jobs report. See what theyre suggesting about the open at this hour. The dow flat course the board. Disney, dreamworks, time warner, fox, all on the calendar. Stiefel is raising its price target. And seeing the stock getting to 130 a share. Also has a value rating on those shares. Disney up 40 over the past year. Harder and harder to come up with something new, isnt it . And Mission Impossible big opening. 56 million. I saw it i saw it on wall street. I liked it. Tim, tim hanging on the side of the airplane which is pretty cool. I think with the people involved with insuring tom cruise, its like at times. With tim on the motorcycle which is going 130. Mission impossible did you used to watch it . The original tv show. It was pretty cool what they had had to do. Alec baldwin was a bad guy to start, ahead of the cia, and th
The government trying to prevent a collapse of the countrys markets which lost nearly 30 since june. The news helping to spark a rally today. A gain of more than 3 in shanghai and shenzhen we have seen the imagine higher by nearly 5 . Keep in mind you go down 30 you have to go up a lot more than that in order to recover. Heres the greek stock exchange. Market there open for a second straight day after its five week closure. Down by only 1 today after the big pummeling it took yesterday after reopening and the u. S. Futures at this hour suggest that were going to have slightly negative open. The dow lower by 15 points and s p by 2 and nasdaq by 4. He is dismissing claims that oversupply is driving down prices and he believes the end of the broader commoditys route is in sight. Lets Check Oil Prices right now. You can see above 45, not by that much. Up by one and three quarters per cent. Its a nice gain after the sell off in recent days. Brent had gone below 50. That was the big headline
Is europe close. This often happens. We just had a horrible day in europe. Worst day of the year really. A lot of markets down 3 . You see just right after europe closed, closer to noon, the market came up and moved into positive territory. As for china, the etfs in china very heavy volume today. Doesnt matter what etfs, ashr, thats mainland china, the a shares. The second one is hong kong shares. All of them are down though not as much in hong kong as you can see. This is spilling into the emerging markets. A lot of activity in emerging market etfs. For example, indonesia has moved down in the last few days. Those are new multiyear lows for indonesia. The same whats going on in other emerging market etfs for example, br zale. Ewz is very active. This is a 10year chart. We just broke below the 2009 lows in brazil. That was widely commented on trading this morning. With Interest Rates moving down, Interest Rate sensitive groups, particularly banks and insurers are weak. Banks understand
And thats where a new government report comes in on the prices something near and dear to all of us, egg prices. The department of agriculture reports the prices are at an alltime high following the worst outbreak of bird flu in decades. Its basic classic supply and demand, fewer eggs, higher prices. And as we report, the shortage not just for eggs may be far from over. Reporter avian flu, officials now call it the worst animal Virus Outbreak in u. S. History. Its been more than two months since the last case was detected but the damage is done. 48 million chicken and turkeys had to be destroyed and they are finally lifting the quarantines and some farmers are starting to restock. The first had in iowa is brad me whose farm became infected in may. It was a huge relief no question about it. Reporter the turkeys will begin hitting the market later this fall. Farms in minnesota are beginning to repopulate as well and so far its turkey operations and not yet egg facilities which suffered t
And thats where a new government report comes in o c the prices something near and dear to all of us, egg prices. The department of agriculture reports the prices are at an alltime high following the worst outbreak of bird flu in decades. Its basic classic supply and demand, fewer eggs, higher prices. And as we report, the shortage not just for eggs may be far from over. Reporter avian flu, officials now call it the worst animal Virus Outbreak in u. S. History. Its been more than two months since the last case was detected but the damage is done. 48 million chicken and turkeys had to be destroyed and they are finally lifting the quarantines and some farmers are starting to restock. The first had in iowa is brad me whose farm became infected in may. It was a huge relief no question about it. Reporter the turkeys will begin hitting the market later this fall. Farms in minnesota are beginning to repopulate as well and so far its turkey operations and not yet egg facilities which suffered