Low volume was a hallmark of trading. We are seeing that again. Julie you get low volume in the summer months. It is about 14 low the average. You can see there is not a lot of movement in terms of one direction or another. The dow is pretty deeply in the red. The s p is not falling nearly as much. We have this recalibration of what the fed may do. They may raise in june or july. The personal spending data is coming out ahead of estimates. Leadingstops have been gains. Consumer staples are lagging today. That is a counterbalance that we are seeing. Lets check in on the first word news. Taylor riggs has more. Taylor president obama is being pressed to speed up efforts to help syrian refugees. The administration had promised to resettle 10,000 refugees. Eight months after the program started, only 2500 have an admitted. Jerry brown is endorsing Hillary Clinton for president. Brown says he believes clinton has the best shot at stopping donald trump. Says while he is impressed with how wel
Look at the s p 500 over the see seven days, we will again, not much changed, only a. 1 move. Only midcap stockse performed better go. The small caps a little lower, but the midcaps are higher by 3 . We have allegheny technologies, with demandker from aerospace contractors. Crane also Beat Estimates and raised its forecast for the full year as well. Fallingtexas roadhouse after jefferies says we have reached the top in the restaurant cycle. Cadence missed estimates. Its also worth mentioning whats going on in the bond market today. Fiveyear notes, 34 billion worth, showing the weakest demand going back to 2009. This decline in yields weve been seeing is starting to have an effect. , a bit of action turnaround. Popave seen the yields go and a bit of an extension of that after 1 00 p. M. An increasing trend recently and something to Pay Attention to. Vonnie a theme for the week. Lets get a check on the first word news this afternoon. President obama will be hitting the campaign trail thi
Fed kicking off. The worlds most valuable company set to give earnings after the close. We will set up everything you need to know. When it comes to the markets, and ethics story all the way. Low rates river is where the smart rates has been for the last couple of years. In the fx market, weaker pound, stronger yen. Stronger by 1. 36 against the dollar. As the helicopter money fades ahead of the doj decision on the friday. The weaker pound story means a stronger dollar story as well as we carry the last couple of weeks over in the fx market. That stronger market means the brand is down another. 7 , the wti down. Yields coming in to touch, and by two basis points on the 30 year yield. Your yield is 2. 264 on the u. S. 30 year. Alix breaking news. Verizon now with earnings right now. It looks like a beat on the top line bottom line coming in at . 94 a share. Operating revenue coming in light at 30. 5 billion. The Company Buying yahoo . That 4. 8 billion. One number that was really intere
Furious because i send people checks, a lot of money and give you the names right now which is what you want and instead of being thank you, mister trump or trump did a good job, everyone says who got it, who got it, and you make me look very bad. I never received such bad publicity for doing such a good job. Connell he ran through those names and the total numbers are 5. 6 million, Charlie Gasparino was there and is still there. Former Navy Seal Trump backer and the daily beast, also just on with stuart, just heard what you said. Why dont you go first. It was something to watch, a press conference about the press. It was a sizable hold but the bottom line, he wanted to shame the press for asking these questions with this is our job. We are supposed to hold politicians and people like donald trump who i guess is a politician now accountable when they say they did something. He that he raised this money. For weeks, for months his campaign couldnt tell you where it went. Corey lewandowsk
Opposing forces in the market. The young moving higher. Still a lot of issues in europe. Deutsche bank getting hammered again. Jonathan are they really going to use the mexican peso as the proxy for who won the debate . There will be holes coming out. Dont worry. Alix we will have guests break it down through the program. We are looking at former u. K. Chancellor of exchequer george osborne. He will be joining us in his first tv interview since leaving government. It is a bloomberg exclusive. Will join usrack for the full hour. And before the u. S. Open, a discussion of all things election. A little bit risk on, a little bit risk off. Jonathan we are up about a third of 1 . 0. 8 . X down by record close for Deutsche Bank. 3 on the session so far. The ftse 100 in london also soft. We talk about the peso in just a moment. Abouter dollar, down by 0. 25 . In the bond market, look at the front end of the yield curve. We are about three basis points away from an alltime yield alltime low on