We are going be talking about it literally almost every 15 minutes over the next thee hours. Keep your eyes on attention on inflation. And the june Consumer Price index, economists say headline cpi likely rose 0. 3 . Also worth watching, existing home sales for june coming out at 10 00 a. M. Eastern time and sales expected to rise by 2. 2 there. A dip from jumps that we had seen the previous month. Joseph kernen, i see you staring at a screen. What do you see . Dupont. Its a couple of cents shy. 11. 17 was the estimate. Its posting 1. 15, but the revenue number is above, which will be interesting if they miss on no, its operating earnings of 1. 17. So right in line. Operating earnings, 1. 17. So in line with expectations. And the revenue number is slightly above. We were looking for 9. 7852. And i think we got above that. Maybe that is that Second Quarter sales . 9. 71. So maybe its in line with expectations. The dividend has been no, revenue is 10. 11. So sales, they obviously have so
March of 2011. We start off much like europe with weaker than expected pmis. Will that paint the first big data picture and supply information for the rest of the year . Im not sure. We just breached that big settlement from october 15th at 2. 14. The 10 year at 2. 13 bund getting closer to 40 basis point handle. Unbelievable the money into bonds. Lets bring in david rosenberg. Anything to worry about there with the miss in manufacturing . Its still a pretty strong number. Well its a diffusion index. 55. 5 is telling you net on net Manufacturing Activity despite all the problems globally in the u. S. Is still expanding. Its just expanding at a more moderate rate than it has been over the course of the past few months. Its still positive for manufacturing. Just less so. To me it still consistent with an economy id say chugging along roughly 3 trend rate of growth right now. Which is good. Its been a 2 economy since the financial crisis. Well take that 3 . We are starting off the new yea
Financial institutions from doing business with them. Now, this is the second stage of the u. S. Response at least that we know about. We remember after the sony hack in advance of the release of the interview movie. The internet went dark in north korea for awhile. The u. S. Government did not deny that it was responsible. Jack lew said in a statement this is part of a range of responses the United States is making to try to show north korea that its not going to tolerate the kind of incursions into cyber space affecting u. S. Businesses and we will see what the response from the North Koreans is to this. But john heres the thing. North korea is already one of the most impoverished and isolated countries. Number one with theres not a lot of sanction. Number two, it feels like wherever there are sanctions on north korea, it only hurts the people who are already starving. It doesnt really hurt the regime. Is that right . Sure but its an unavoidable problem. Like when the internet went d
As we saw volatile day for oil, bill, as well. One of the days where bad news was bad news. You could have argued once an upon you could have said bad news would mean that the fed would delay raising Interest Rates and the market rally on that. That didnt happen today. And you wonder if thats the kind of action we will see going into 2015 here if suddenly now bad news is bad news and vice versa. Volatility bill seems to be here to stay. Yes, maam. It is. Well talk about that. The volatility index is moving up as well today. Theres the dow up 120 as kayla was mentioning. Down about 99 points at the apex of the day. The low of the day. Now down 30 into the final hour of trading and the volatility index. Made a liar out of me. Down to 1831 and rather elevated level when you consider the rest of the market has been doing. S p down 5 points today to start the new year. And the nasdaq down 17 at 4719. Before we sta start our panel discussion, we want to hear from you at home. Log on the to c
Theres no company more american and today, it did something it hasnt done in four quarters. It reported a rise in sales in north america. Its biggest market. The Worlds Largest beverage maker was also able to hike prices helping to offset the impact of a stronger dollar. Shares finish the day up nearly 3 topping wall street profit and revenue forecast for the year but the Company Still faces some very big challenges and after years of sluggish sales, can coke find growth . Sara eisen reports. Reporter cocacolas earnings beat came mostly due to continued cost cutting including layoffs and first price hike in two years. The good news sales up slightly in north america. Ceo kathy wallarid said low gas prices help consumers. Also Conscious Consumers buying teas and flavored waters shying away from sugar and soda. Understand that trend and population growth flattened. The overall demand is flat. They have to look for niche markets to grow because the growth in carbonation soda is flat. Repo