Term elections, the committee for Economic Development hosted this conference. Ok. Good morning, everyone. And thank you for joining us r the committee for Economic Developments spring policy conference. For those of you i have not met, im steve, the ceo for the committee. I would like to first thank our sponsors. You should see signs. Without these wonderful people we would not be able to do this. Triple creek ranch, henrietta for. The rand corporation, tiaa, insignature numb, cal tech, pace communications, kelly services. Thank you, karl, for everything that you do. Arizona state university, corn ferry, the Aerospace Corporation. Host hotels and resorts, air bus, broad view networks. Thunder bird school of Global Management and finally the the National Aeronautic association. So lets give a round of applause to all of our sponsors. [applause] we have a terrific lineup over the next two days. We will have conversations on the new administration and Congress First 100 days. Well look a
Mind. About 30 minutes into the trading day, julie hyman has the latest. Julie we are seeing a selloff in stocks here we see little change of direction. One a look at what is going in the u. S. Markets at the moment. We are seeing declines, smaller than they were at the opening bell. A little bit of a pairing of the declines we see. Bonds. Ake a look at we are seeing a little bit of a change in direction here. Bond yields actually going green in the past few moments after earlier falling to a record low of 13180. Movement and what we have seen. We are now selling in the bond market. Driving those although he up to 1. 83 . Level. Very low that means a region gray of what we mean by the stock market. Take a look at the imap on the bloomberg here. Earlier, we were seeing utilities on the green. That has traded lower because we see an inverse relationship. Health care and Consumer Discretionary very slightly. Now down only about one third of 1 . Pairing to clients as we are seeing the move
Our 10year near record low yields and oil closer to 46 than 47. Our road map begins with netflix under pressure in the premarket after an underperform initiation. Plus as you just heard, being added to comcast settop boxes. Well dig in on the stock down 15 this year. U. S. Oncology company medhivation it is now for sale perhaps to sanofi. The details on a potential deal of 11 billion. Gold hitting its highest level since march of 2014. Upgrading its expectations for the precious metal. Well talk to a Portfolio Manager how hes playing it. Stocks poised to open lower amid more concerns about brexit fallout and slowing Global Growth after three major indices snapped the foursession winning streak and gold at a twoyear high and as we said the pound trying to recover from that fresh 31year low at one point dipping below 128. Mike, youre watching the yields as you call them, which are collectively now larger than the banks. Yields and dividend paying stocks, exactly. If you look at the yield
Program. The presiding officer is there objection to proceeding to the measure . Without objection. Mr. Tillis mr. President , i ask unanimous consent the resolution be agreed to, the preamble be agreed to and the motions to reconsider be considered made and laid upon the table with no intervening action or debate. The presiding officer without objection. Mr. Tillis mr. President , i ask unanimous consent that when the senate completes its Business Today it adjourn until 9 30 a. M. , thursday, july 7. Following the prayer and pledge, the morning hour deemed expired, the journal of proceedings be approved to date and the time for the two leaders be reserved for their use later that day. Further, that following leader remarks the senate resume consideration of house message Accompanying Senate 764. Finally, that all time during morning business, recess or adjournment of the senate count postcloture on the motion to concur. The presiding officer is there objection . Without objection. Mr.
Because we have emphasized training capabilities. 90 ave been able to bring troops home. But we have to deal with the reality of the world as it is. We cannot forget what is at stake in afghanistan. This is where al qaeda is trying to regroup. This is where i still continues to try to expand its presence. Still continues to try to expand its presence. They will attempt more attacks against us. We cannot allow that to happen. I will not allow that to happen. This september will mark 15 ,ears since the attacks of 9 11 and once again, we will pause to remember the lives we lost. Americans and people from around. He world we will stand with survivors who still bear scars of the day. We will think first responders. And most importantly, we will salute our men and women in uniform, our 9 11 generation. Ofwill honor the memory those who have given their lives in afghanistan. As we do, its never forget the progress their service has made possible. Not a perfect place. It remains one of the poo