Im wilfred frost. Im seema mody in for sara eisen today. It is Throwback Thursday. In honor of National Bring your kid to workday, were channeling our inner child in us and throwing back to some good songs from childhood. I assume, wilfred, this is your pick. This was my top pick. Are you a lion king fan . Absolutely. You were a little critical of my choice of song it seems. I reference those songs from my teenage years. Its great. Either way, were both still children at heart. Absolutely. For now, the adult also look at t markets. Investors are greeting trumps tax plan with a certain level of skeptici skepticism. Yesterday day after spending most of the day in positive territory, the markets slumped at the close. All fell in negative territory for the day. Futures mixed. Dow jones up six points. Nasdaq up higher fractionally. The s p 500 is flat if we look at tenyear treasury note. 2. 30 . A couple pieces of Economic Data today, including pending home sales and durable goods. On the b
Im wilfred frost. Very good morning to you from me as well. Welcome back. Thank you. Its been a crazy, long week. Exciting day to be on closing bell with all the earnings. Thats coming up later today. New music friday. Well listen to the latest from katy perry featuring migos. Probably saying that wrong. Also wanted to send my congratulations and thanks to Louisa Bojesen after her final show on street signs. My very first day on air was with louisa. Wishing her thanks, because i wouldnt be here if not for all of her support and help back in the early days. Wishing you the best with what im sure will be a fantastic future. We always appreciate the good leadin to Worldwide Exchange. Lets get to the markets and show you what futures are doing. Its been a strong week and strong month to mostly the action this week which is the best so far for the dow and the s p of 2017. Best week for those indices. Dow futures down 23. S p futures up 2. Nasdaq futures, thats the high point as it was yeste
Your money, your life, your future. Now becky quick. Next week is Small Business week. It is a big deal for the economy. The Small Business Association Says two out of every three jobs are created by entrepreneurs, but just who is starting these new start ups . Kate rogers has this weeks cover story. Reporter Brian Kravitz has seen his career come full circle. He began fixing typewriters in the 1970s and continued until computers came on the scene. But much to his delight and surprise, typewriters are back in vogue and he is in business for himself at age 67. I just feel really good. I get up every day. I dont want to sit around. What can i do . Go to the golf course . No, not me. I want to do things. Reporter he launched his business, philly typewriter in 2015, fixing and selling machines that date back to the 1920s. Kravitz worked for years in marketing and direct mail and said his experience in the workforce has helped him with his latest venture. Im much more aware because ive had
Im wilfred frost. Im seema mody in for sara eisen. Always good to be by your side. Lovrnlgts l lovely to have you here. Yesterday the dow losing 22 points but the nasdaq hitting another record high, a divergence between the major indices. Looking at the futures where theyre trading on tuesday morning, if youre just waking up with us. Here we go. S p 500 calling for a higher open by one point. Dow jones higher by 13 points. Bp earnings, results is something investors are digesting. Nasdaq higher by 8. We will keep a close eye on the nasdaq throughout the day. Apple hitting a record high now up 25 this year ahead of its highly an tess pated earnings report, which is die this afternoon. Ju the nasdaq composite, a big mover of the overall index. Quick note on treasuries, looking at where the bond market is trading now. When headlines began to cross about the 4. 3 reading in the gdp model forecast we saw a sharp drop in treasuries and gold. Tenyear note yielding 2. 33 . Yesterday, as you sa
Second try this morning at launching a satellite for classified u. S. Mission. Before attempting to land the rocket back on the launch pad. Sensor problems scrubbed yesterdays launch attempt. Those are just some of our top stories on monday, may 1st. Announcer from abc news, this is world news now. Good morning to you all. Start this half hour with a Severe Weather warning in effect for millions of americans across much of the eastern u. S. Here is the reason why. We fake a look at the latest weather radar. It shows a loon of powerful storms marching northeastward. Triggering warnings from North Carolina into new york. And over the weekend, those storms brought downpours and deadly floods and spawned powerful tornados. Killing at least 14 people across four states. The tornados flattened homes, uprooted trees, flipped cars, carved out dozens of miles of devastation along the way. Abcs Marci Gonzalez was there for the worst in texas. Reporter at least four people dead after four powerfu