Stocks the dow and s p are on pace for their best week since march. Were going to close out the month on tuesday. Were going to Start Talking about how to play this in june ahead of brexit and the fed, how to play it in a summer where stocks have alternated up and down for six years. But at the same time we have groups that have come alive. This tech rally is very real. It is broad based. Its chips. Its software. Its high growth. Its cloud. The bank rally is in its infancy. As we get closer to a rate hike, which i think we will get given the fact that these fed heads of carpet bombed us with the two to three, that bank group can get stronger. Net interest margin will go higher. Its very undervalued and i think it works. So right now and im not saying im sanguine because if we get a really weak employment number thats bad. Because theyll tighten into a weak employment number, but i like it. Were not focused on china as much. Oils reached a level where we dont have to worry about banks g
For many markets. The dax is up 1. 24. France is you will over a 1 so is the ftsi. And crude oil rising for the first time in seven days. Wti up by 66 cents. And also look at currencies. The pound making a sharp comeback this morning after tumbling to a more than two month low. Both the uk referendum campaigns have been suspended after the killing of jo cox. Gonna show the currencies because problem with the goes back to 1. 43 in watching it. The betting market, didnt get up to 70. Now i think the betting market was the pound. That might be a better indication of whats happening. Right. The one market thats really kind of got its finger on the pulse. Im sure the betting market obviously it is not as big as the foreign currency market or the pound. 1. 42. And then we didnt show gold. Gold is gold is going down. Gold is going down. After seven straight days. Now you are ready. No im not. It was down like 8, 10 or something. But its on a roll. Down 11. 11. Long way to go. In the meantime.
The world was supposed to end and it didnt. It has been the same case with the ftse. Ftse is right at 6 yesterday and bringing it back to higher levels. I know he wanted to hear this. I wanted to tell him this. No, no. Its not about me. Never about me, but mark grant is going to come on. Thus far you have been right. Mark grant is going to come on and say its not the uk shouldnt be the ones worried, its the eu that should be worried. Sterling has gotten hit pretty hard. Jim paulson is going to come on tomorrow and say the same thing. Call it a wom went to cast right now because its a little bit too progressive. Have you heard that. I have no the. They have a show. You heard that from what, your twitter followers. Dont you see that. Well share with our twitter followers. You go wild, dont you. When the cats away, the mouse will play. Its like video New York Times not bad . No . No, no. What did holeman say last night. He wrote a big Global Warming piece. We did not talk about that. Cens
We are seeing the euro at 110. Things have appeared to calm down a bit. What about the oil markets. Crude oil rising yesterday and looks like it will rise again today. We are seeing crude oil up 57 cents a barrel to 48. Yield on the ten year treasury note unchanged at 1. 45 percent. Get ready for Mortgage Rates to fall again. If youre a metals investor, youre up slightly this horng. Those explosions rocking turkeys largest airport last night. It appeared to be a coordinated attack with gunmen opening fire at Turkey International airport in istanbul and detonating decides bombs. Much of it kaugtd on video that has been seen since that point. Turkey is blaming isis for the attack. Joining us now, its great to see you this morning. Good morning. It feels like we are talking to you more and more often about attacks that are taking place around the globe. What do you think is happening in turkey. In is the fourth or fifth attack in turkey just this year. There were others earlier. The earli
Trevor welcome to the daily show im trevor noah wow you guys are amazing thank you so much my guest tonight the Supreme Court correspondent from slate, Dahlia Lithwick is here, everybody cheers and applause trevor but we begin with unsettling news out of iran. Claims this morning from the rogue nation of iran, the revolutionary guard now revealing a shocking new report on what it calls the truth about Kim Kardashian. They sayshes a topsecret spy using instagram as a weapon posting sexy pictures for the sole purpose of corrupting the iranian youth. Trevor busted laughter it makes so much sense. Of course, Kim Kardashian is a spy thats why shes always trying to prove shes not wearing a wire. laughter like, iran, this is so impressive. How did you guys track her down . She only stars in six reality shows how did you guys do this . You know who i feel bad for . Khloe kardashian because iran didnt accuse her of bleep . Right now shes doing, hey, iran, what about me, khloe . I could be a spy