Whether it could lead to the next blockbuster drug for amgen coming up. First, though, lets get to the latest fed speak and retail earnings with steve leaseman. Courtney reagan is monitoring that walmart earnings blowout. Steve, kick things off for us here. President bill dudley in a press conference earlier today following up on those sprys minutes yesterday suggesting a rate hike is possible and even likely in june or july if the economy cooperates as expected. Now, day after the minutes dudley said pretty much the same thing. He suggested that his base case is for a kind of for improvement that would warrant a hike. If im convinced that my forecast, my own forecast, is sort of untrack then i think a tightening in the summer, the june july time frame is a reasonable expectation so its a question of whether the economy is sort of cooperating and performing in line with my personal expectations. He did say the british referendum on brexit is something the fed is watching. Thats eight d
Thats the former speaker of the house. Nancy pelosi called tim cook for meeting with current speaker of the house paul ryan. Is apple running theisk of offending everyone . A special report. First, todays massive move in stocks. Stocks erased all of yesterdays loss. The dow, s p and nasdaq having their best day in four months. Heres the interesting thing. Bond markets and gold barely budging. When you couple that with the earnings, was today just a suckers rally. Guys . I dont think its a suckers rally. I think its people have been burned try to play the market from the short side. So many times. When they saw sa blow out like it did, theres no way im going to beat and watch the market rip another 60 in the s p again. So, i think thats what happened yesterday. Why i think you saw the bond get sold off. I think thats what happened today. Is it a suckers rally . I think 20. 25, its imperative it closes above that this thursday. Why thursday . June 30th, the close below, the technicians w
Beat after the close, and its stock soars. Twitter reports once of the worst quarters of the year, and again, correctly, it gets crushed i find the action needs two stocks for reassuring companies that have stocks that go higher, and clown Show Companies that have stocks that go lower without everything and everyone its straight forward. Sometimes stocks can rally simply because they repuce to go down. Even when the federal reserves hinting that they might raise rates. The averages barely budged. Dow losing a point. S p declined 1. 2 . Nasdaq advanced 1. 8 . Sometimes individual Companies Just dont give you enough reasons to sell their stocks. When they report. And that can lead to tremendous rallies. I know that its go being up because its not going down. Can sound like some kind of weird zen riddle. So, let me explain. We saw four of these stories play out today. Panera bread, Buffalo Wild Wings, caterpillar and boeing. Two restaurants, voila, a heavy Machinery Company and the Worlds
Is a Public Health priority but he f. D. A. Has not banned selling designs or flavored to kids tes attractive like hellokittytootyfruity, candy, or cotton gummy bears vap gummy bears vapors. Vaping oolers ecigarettes increased usage by between 2011 and 2015. Roponents of ecigarettes say the regulations will increase ingchase costs thus discourag and there ng to quit is evidence that ecigarettes than less harmful combustible cigarettes. Question. This good news news, pat buchanan . Pat no, john. In high school 13 to 14 almost everybody smoked cigarettes then. Lounge. A smoking the annual meeting at Gonzaga High School is known as the smoker. Jesuit high school. Pat Jesuit High School right down the street. Clearly this is a health hazard. Smoking a directly related to emphysema and Heart Disease and to shortened live and the he rest of it country ought to be given enormous amounts of information ecigarettes d which clarence is into, it is his rotten habit and he will ought to get ou all
October 2011 that the s p 500 has rallied at least 1 in three consecutive sessions. U. S. Equity futures at this hour, the dow opening higher. S p would open about five points higher. Among our other top stories this morning, were watching oil prices very closely. Brent has been above 35 a bar reversal. Wti above 31. That, of course, as we know can change depending on whatever these ministers that are participating in opec like to say. The late etc. Development, iran said it would support joint efforts by Top Oil Producers to stabilize prices. The market had been waiting to see where iran would come down on that. It did stop sort of committing to those output curbs. St. Louis fed president making headlines. Hes been a prominent advocate of higher Interest Rates. In a speech yesterday, he said it would be unwise to move any further, citing weak inflation and global volatility. Bullard said he wouldnt be comfortable with further hikes until the downward inflation trend reverses. Hes a Vo