If brian were here, hed know that song i do not im Tyler Mathisen major averages in the green in this next, really, three hours left on this final trading day of the quarter and of the first half of the year the dow getting a boost from nikes rally on the backof its earnings beat out last evening check out whats moving right now. The dow industrials up a little bit. As you look at humana, Becton Dickinson all hitting new 52week highs. Its also the last trading day of the first half. Investors, so far this year, have seen some solid gains bob fisani is on the nyse floor. D dominic chu. Thanks, tyler take a look at the sectors here. The key point is were continuing to see mild resistance in technology for example, semiconductors are lagging a bit. Biotech, which is another Market Leader lagging a bit a lot of talk about this rotation going on. Look at the leaders in june. The big leaders have been tech, particularly Semiconductor Stocks utilities have done well as Interest Rates have sta
Twotenths percent. In europe this morning youll see that right now the daks up by about a half percent aj point cac and ftse up. Spain is weaker. Crude oil prices, down last week this morning up, had been higher earlier, looks like it is down 32 cents a busy week of economic numbers. Jobs on friday today, may consumer credit, tomorrow wholesale trade numbers. Wednesday, beige book. And yellen testifying. And thursday before the cincinnati Banking Committee june cpi thursday, and friday, retail sales, cpi, Industrial Production on earnings fronts, pepsico reports tomorrow results from big banks friday, jpmorgan shares of Orient Overseas popping after china Cosco Shipping announced a takeover deal for the shipping company. This deal makes the company the worlds Third Largest container liner. And wanda selling theme parks, selling tours and projects to developers for 9. 3 billion. The sale expected to cut debt pile, strengthen case for listing on the main land after it was delisted from h
Way. And what was your reaction yesterday to the president s sons release of those infamous emails . Well, i dont know the details of this. Listen, we have got at least a half a dozen different investigations that are going on this is worthy of the investigation. I dont know what went on. But we need to get to the bottom of it. On the one hand. I know that Opposition Research is something all campaigns do. Why youre necessarily talking to a foreign state, obviously thats disturbing. But i dont completely know. I havent read all the emails but i have no doubt that the investigations that are ongoing will get to the bottom of it did it worry you when you saw the market react to it did you think it was something that could derail momentum in the economy . Well, no. I mean, ive been around long enough to see momentary swings in the market. So no, im not im more concerned, again, about ultimately getting tax reform done, because nothing says economics quite like tax reform. I wish the democ
Way. And what was your reaction yesterday to the president s sons release of those infamous emails . Well, i dont know the details of this. Listen, we have got at least a half a dozen different investigations that are going on this is worthy of the investigation. I dont know what went on. But we need to get to the bottom of it. On the one hand. I know that Opposition Research is something all campaigns do. Why youre necessarily talking to a foreign state, obviously thats disturbing. But i dont completely know. I havent read all the emails but i have no doubt that the investigations that are ongoing will get to the bottom of it did it worry you when you saw the market react to it did you think it was something that could derail momentum in the economy . Well, no. I mean, ive been around long enough to see momentary swings in the market. So no, im not im more concerned, again, about ultimately getting tax reform done, because nothing says economics quite like tax reform. I wish the democ
Beating Goldman Sachs. Coming in atates 1. 5 billion. R. O. E. Over 9 . There with us to discuss is Alison Williams of Bloomberg Intelligence. Your take on the earnings . Too few things . Wealthover 9 and their margin coming in at 25 . We saw that strength at bank of america, we saw strength at wells fargo which was a precursor but those are key metrics. They focus on that r. O. E. And the margin is one of the goals they focus on to get there. Fixed debt in line, the banking fee is something we have seen. Alix what have we learned about Morgan Stanley on Goldman Sachs . Is it all about commodities . It is more execution. Alison it to be a little bit of both. Every quarter is going to be different in terms of where the strength of the overall business is and depending on where the strength in the industry is, that is going to impact who is doing better. And of it is just business product but goldman also says for a Second Quarter in a row they did not navigate markets well. That is what