In fact during our show, whether things heat up outside. More of the fireworks have been inside. Speeches, whether ted cruz will personally endorse donald trump to knit. It has been much less about what is happening outside of these walls so far. Things have settled down. They arent settling down here. Dow in record territory. You have big names coming up there, dont you . Yes. Guests coming up for you right here from cleveland including top trump Energy Adviser harold hamm. Andrew puzder. And ted cruz supporter graham hunt. Itll be interesting to see how he thinks this is playing out. And dow down 49 points since brexit lows, market is on its best run, get this, since 2013. We are still moving higher here. Tidal wave of earnings right after the bell rings as well. Intel, qualcomm, ebay and American Express and of course to go with that we have complete Team Coverage of all those reports coming up here in a little while, kelly. Lets start with Morgan Stanley that rounded out a generall
The polls ar narrowing. Uncertainty is increasing and according to many strategists that could in volatility. 166 points to 18,094. The s p 500 off 18. But the election wasnt the annually thing that weighed on the market today. Dominic chu explains from the new york stock exchange. It was the financial stocks that really dragged down the major indices. Among the worst stocks, regional banks like suntrust and comerica and bank of america. Interest rates moved lower as traders bought the safety of treasuries and lower rates have generally been seen as hurting bank profits. But a lot of today may also have been about the weakness in european markets and specifically the large banks. Youve got german banking giant Deutsche Bank moving lower on reports the government over there wouldnting as likely to help in financial liabilities here in the u. S. Remember, deuts bank is facing a pro by regulators who may impose substantial penalties to the financial crisis mortgage bonds. Art hogan said i
Falling short yesterday. Adp helps, up 281,000, above estimates, strongest number in almost two years. Tenyear yield crept up to 26, two days in a row now, the fed may fall behind, and yellen speaks at 11 00 a. M. , and u. K. Home prices surpassing the 2007 peak. Road map begins with dow 17,000, index closer to the landmark. Will that better than expected adp number get us there . Dimon diagnosed with throat cancer plans to run the bank as normal during treatment. Google buying songs for an unus closed amount. Gopro going negative. Stocks setting up for the first down session since going public. Dow inches closer to 17,000, new record, and s p and nasdaq at new highs, adp surpassed expectations ahead of jobs thursday, tomorrow. Improving by 281,000, estimate was 205. May unrevised. Economists do not tweak models on adp anymore because of new methodology, but its better than the alternative. The surface jobs, well, where were they created . I dont see them in retail. I dont see them in
President obamas new round of sanctions, warning that measures would back fire and bring u. S. Russian relation toes a dead end, causing serious damage. As for the russian market reactions, take a look. Stocks in moscow were down sharply in early trading. You can see theyre down by 4. 3 . Later in the show, senator bob corker will be joining us. He is a member of the Foreign Relations committee. Hes been calling for tougher sanctions on russia. Well have more of that coming up. Right now, lets get over to andrew with more of todays corporate stories. Good morning, becky. Ge, former parent of this network, reportedly seeking buyers for appliance unit. It tried to do this back in 2008. It scrapped those plans, though, given the financial environment at the time. Ges Ceo Jeff Immelt promised investors to divert interests that arent seen as core. The company is set to post quart ily results before the bell toll. Well bring thou to you. If you have a dishwasher or a washing machine or you k
To get that, but you never know what happened in this final hour of trade. And could arthur dampen the rally . Im not talking about the arthur sitting next to me. The fourth of july could be washed out on the eastern seaboard. It is expected to become a hurricane soon. And the real damage could be done expected at the fourth of july holiday. Well talk about the winners and losers and get you an update on the storm. Also, women cannot have it all. Thats what pepsis ceo said and that candid and controversial statement has been lighting up twitter and getting a lot of action. Were going to tell you more of what she said and why she said it coming up today on the closing bell. Thank you, indra, thank you. Now, as was mentioned, the dow is positive, although were towards the lows of a choppy and narrow session. Mean wile, the s p 500 is still going to stay positive right now. It is right at that 1973 mark and the nasdaq is off by about 4 points. Theres the nasdaq down 4 points. It has been