Where theres you know, theyre used to a lot of cold weather. Theres a lot of soul searching going on inside the ioc. We have curling we have curling i watched that in person. It was very tense really tense once it was the eighth frame, they went up five points you sort of knew what was going on we had a guy sitting next to us doing his own play by play which helped in terms of some of the rules. Did you edit the Cross Country tape were you okay on this . I didnt fall so its like downhill kind of did you go up any hills its more like ice skating. All right welcome back. Lets check the markets after yesterdays 400point rally for the dow. The blue chips are up 10 since the lows of february 9th the nasdaq up more, its recovered all of its losses. Nasdaq 1 from its high that it hit back on january 29th the dow is still off by 3. 5 from the january 26th highs. Look at whats been happening this morning in the u. S. Equity futures. At this point, you can see where we are the nasdaq off by 1 th
President obama approving use of airstrikes to protect antiassad forces. Wildfire is getting worse. California firefighters battling 23 separate fires. One firefighter has died for hundreds of been forced to leave their homes. At t releasing its first package after the merger with directv. The Wireless Phone Service Costs 200 a month for the first year. It includes hd and dvr service for four tvs, unlimited talking tax for four phones and 10 gigabytes of shareable wireless data. American pharaoh has done it again but is essentially the grand plan of the triple crown winners with the invitational new jersey taking 1. 75 million. 20 million to win again. Back to our top story this morning, run for the white house. Really not the First Campaign in iowa and New Hampshire. Spots focus on family, especially her mother direct the period all over america who fight for their families and never give up. Thats why im doing this. Sandra hillary faces an onslaught of god but the story generating so
Abiden run all over the place this morning. And the president takes the war on coal to a new level. Hes going to kill it. Coal Company Bankruptcy beginning. Its supposed to be quiet, its not. Varney company is about to begin. First out of the gate look at the price of oil right now. 46. 30. Had been down to the 45 range a few moments ago. Crude is down 46 now, it was 62 in june. Now, look thats good news for drivers the price of goes keeps coming down and every day, down about a penny a gallon. 2. 65 is the National Average now. By the way, i paid 2. 31 in new jersey earlier this morning. Ashley arent you special . Very good. [laughter] theaterats right, were going to call it a streak. Its not all good news a photo from wayne in california 4. 39 for regular at the mobile station in california over the weekend. Theyre not feeling the relief. Thank the greenies for that one. Moving on. President obama taking his climate crusade to new levels wants carbon cut a third by 2030 and force the
Companies progresses. L brands raises its full year outlook as Second Quarter profits beat expectations. Sales at victorias secret, the main growth driver. The great rate debate wages on. We did get the fed Meeting Minutes out of july. Not as dovish as people were expecting. So the economists expecting a september rate hike has been reduced from 40 to 45 ahead of the minutes being released. Futures pointing to a lower open. Were down triple digits on the dow. The nasdaq lower by 28 and the s p 500 also indicating a lower open. This as the ftse cnbc global index, this is a good gauge of stocks around the world. Not just europe but asia as well and were sharply lower in todays trade by 16 points. Very close to session lows. A lot of that having to do with the underperformance in asian markets. Were looking at the xetra dax down triple digits. Thats a 1. 2 move to the down side. The german dax hitting its lowest level since january. Thats a significant move. Just think about how ecb qe po
America gives us a look into what is next for him after his 24 year run at the company. We are 30 minutes into the trading day. Ulie hyman is here julie we are seeing all major averages on track to close higher. A higher ratet than estimated. Picture with the new home sales. Month over month, rising at 0. 7 . That is the annual pay. Another positive Economic Data point so we are seeing in the stock market. I want to look at what is going on in the bond market. Market participants are awaiting the announcement of who will be the next head of the federal reserve. The news broke that Jerome Powell was the front runner. Taylor is the other front runner here. We have been seeing an increase in bond yields today alone. Here is the upswing when that news came out. We dont know until it is a done deal. The increase in bond yields is helping the financials as well. We had financials in the top spot with a 1 gain. Definitely supporting gains in the market. Technology also bouncing back. Consumer