Hathaway and mcdonalds is the biggest drag on the dow. Coming up on the closing bell, uber results are after the bell. And we will have a live and exclusive interview with the ceo of the company dara cache sha hee you dont want to miss that in one hour keith, great to have you here. Great to be back with you another record day of highs for the s p and nasdaq and now the dow which we havent seen a new record for the dow since midjuly i think we trade higher into the end of the year for lots of things going on. If we start getting capex where things are going with trade talks, then youll see this rally not only continue through the rest of the year but into 2020. All right all right so it is an incredibly busy monday for the markets and your money. Weve got the record highs that morgan just talked about bob is all over that youve got michael santelli. Kate rogers all over the mcdonalds ceo firing. Courtney reagan on the under armour story, and were joined with a new look at what Td Ameri
Look there stocks hitting session highs as we kick off power lunch. Coincidence . Probably but this is the great rate debate as a tugofwar on inflation and Interest Rates and volatility continues to play out in front of our ieyes, stocks are making come back and the dow up and bond yield rising rising since the beginning of february and benchmark hitting fouryear highs and creeping closer. Gold is highest level in over a week groupon tanking on earnings miss chipotle on pace for the best day in years, they named a new ceo and netflix are rallies. Signing a deal well get more on the netflix story coming up. Welcome. Im Tyler Mathisen the markets shaking off the inflation concerns at least for this day. In fact, wall street socalled fear index falling below a key level. The vix below 20 for the First Time Since february 5th. Bob pisani is on the floor of the new york stock exchange. Explain it to me [ inaudible ]. Were having problems with his microphone so well interrupt him and maybe g
Victim on the portland my rail light rail has been discharged from the hospital. Jeremy Joseph Christian allegedly attacked three men who intervened, killing two of them, and wounding fletcher. Christian is charged with felony aggravated murder. Jacob zuma survived his second ousting attempt in three months. The Rejection Committee rejected a proposal recall proposal this weekend, but 51 of voters want him to step down. Antiopposition has grown. Inas term as president and december, 2017. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am ramy inocencio. This is bloomberg. Julia live from bloombergs world is in new york, im julia chatterley. Scarlet i am scarlet fu. Joe and i am joe weisenthal. We are 30 minutes away from the close of trading in the u. S. Julia investors returned from a threeday weekend. The s p 500 snapping a sevenday winning streak. Joe the question is, whatd you miss . Scarlet Energy Shares leading the sell
Ahead of that big fed announcement. What do we see on a day like today . The dow, the s p lower, not seeing a big budge. The tenyear yield, 1. 79, below 1. 8 as we have seen some buying in treasuries. Bi big move into gold and drop in oil. More than 14 million barrels, thats the biggest increase in the 34 years of u. S. Energy information agency, actually been collecting the data. Wti is lower by 1. 44, decline of 3 to 45. 23. It is down more than 8 in the past week. Brian . Michelle, heres what else is happening at this hour. Ford sales dropping 12 last month over a year ago. Shares are also down. Keep in mind, october of this year, two fewer selling days than october of last year. Car news, 2015 model year, the most fuel efficient on record for all cars. That according to a new government report. And in the job market, adp saying 140,000 private sector jobs were added last month. That was slightly worse than the average estimate of the economists. We begin with two events that could
Welcome everybody to power lunch. Im Tyler Mathisen. Glad you could be with us this afternoon. Lets take a look at the dow trying to break an eightday losing streak. That kind of streak hasnt happened since august of 2011. Right now the dow up 23 points or 0. 13 . Energy and financials leading the way. Oil back above 40 a barrel. Despite a surprise build in crude inventories. Brian. Hi, im brian sullivan, thanks very much for joining us. Heres what else is happening at this hour. Walmart reportedly in talks to buy web retailer jet. Com. Dow jones says the deal could have a price tag of up to 3 billion. Also, 33 u. S. Service members have been reportedly infected with the zika virus. All of those cases were contracted overseas. The magic apparently still alive. Scholastic says more than 2 million copies of harry potter and the cursed child were sold in north america in just the first two days of sale, melissa. Welcome everybody. Im melissa lee. Straight to the breaking news today in fac