Those shares have been so volatile in the last several weeks. European equities, meantime, on news of this greek arrangement there, you do have red arrows mostly across the board, and perhaps not surprisingly, greece is the one thats getting the lift by 2. 25 . U. S. Equity futures at this hour . Well, after yesterdays big day breaking that sevenday losing streak, the dow would open lower by nearly 125 points. Here are the big stories were watching today. Greece and its lenders agreeing on bailout terms. A Greek Finance Ministry official tells cnbc there are still some minor details, but they wont affect the completion of the deal. The European Commission expected to comment on the deal at its midday briefing. On todays economic agenda, a few data points of of note for this datadriven fed. At 8 30 eastern, a first read on secondquarter productivity and costs, and then at 10 00, wholesale trade. As for earnings central, the consumer front and center this week. Among the Companies Set to
We are 30 minutes into the u. S. Trading days. Julie hyman is to it breaking economic data. Is on consumer confidence, coming in ahead of estimates. The Confidence Index rising to about. 9 versus 125. 9, quattro points better than estimated by economists. In addition, we have the Chicago Purchasing Managers index higher than estimated at 66. 6. Very little change at this point in time, the nasdaq gaining a not muchre but movement. Lets go to a there is movement deal talk and earnings. We have a lot to talk about. Rockwell automation gassing up big as shares of Emerson Electric fall. Emerson has offered to acquire Rockwell Automation, trying to become one of the largest providers of equipment and software to make factories more efficient. They rejected an offer in cash and stocks. Emerson has now confirmed it has made an offer to buy the company. Elsewhere, we are watching earnings. A couple of companies in the Food Industry are than estimated. Kelloggs helped in part by the weaker doll
The week. Lets check in on the markets. The nasdaq closed at a record high yesterday. Only a tiny bit. Correct, but still. Lagged the dow for once. The resilience of this market is remarkable. S p futures down almost 5. Nasdaq futures down 17. The stock of the morning and weight on the market is apple. Shares slipping after iphone sales declined in the most recent quarter, falling short of wall street expectations. The Company Giving weaker Current Quarter revenue guidance. Lots more on results in just a moment. Did you see china growth as well that slipped. Asian equities, japan, south korea and hong kong closed for public holidays. Golden week holiday, right . Extended golden week. There we go. Either way, what is open, you can see down is australia. The ftse Straits Times in indonesia is up three quarters of a percent. A look at european trade which is negative today. Weve been up quite nicely over the last ten days. We also had eurozone march Producer Price inflation down about 0.
Selection of secretary of state. Reportedly, president elect donald trump is close to selecting his secretary of state and the name comes from big oil. Andtillerson, the chairman ceo of exxon mobil is a worldclass dealmaker, stay tuned, according to donald trump. Alreadyators are expressing reservations because of his close ties to Vladimir Putin. Putin is a thug and murderer and anyone else who describes him as anything else is lying. We cannot have an accommodation with the russians until they understand what Ronald Reagan taught them and that is peace through strength. Right now, we have no peace and no strength. I dont know what his relationship with Vladimir Putin is, but it is a matter of concern. David joining us now is the president of the council of Foreign Relations. Book, aso author of the world in disarray. Thank you for being here. What do you make of this possible nomination . Do you agree that is where it is going and what would it mean for state . It is a hard transitio
Tech which doesntjust track your heart rate but also tells a woman when shes at her most fertile. When you listen to music do you think about the performer . As jay z sells a stake in his artist led Music Streaming Service, tidal, we want to know, do fans care about the artist or the access . Just use bbcbizlive. Welcome to the programme. Thank you already for those of you who have tweeted about jay z, nothing we can say out loud on the bbc, so send in some comments we can read out lets first of all start with what is going on in terms of global trade. The United States are out, but japan, Australia And New Zealand say their big Free Trade Deal can go ahead anyway. The tra ns Pacific Partnership was aimed at boosting the economics of 12 nations around the pacific ocean. But the new us President Donald Trump has used his first working day in the white house to sign an Executive Order pulling the us out of the deal. The tra ns Pacific Partnership covered about 40 of the worlds economy an