Something a little askew with the data. Consumer confidence coming in a little shy of expectations at 86. 6, down from 86. 9 in april, and a little lower than economists were looking for at 87. We will get to that data and what it all means for the economy. This is all still coronavirus data, and how much you can read into it is still in question. The first trading day in the united states, the s p up 1. 8 . Doing and leisure stocks well. The dollar index just a little like today a little light today. Crudee strong dollar, and oil is up 3 . Matt i almost want to ask how many years it took you to say leisure rather than leisure, but we will save that for later. Today. Big rally the dax adding another 100 points after a 370 point addition yesterday. To 11,500 as the stoxx 600, the broader european benchmark, get back to levels we havent seen since the very beginning of march. I think both of these indexes are back to levels we last saw march 6. In the pound, big rally against the dollar
They blame higher costs, they blame amazon for the competition in shipping, and of course, they are blaming china and the tra war, blaming the Global Economy as a whole. We have a huge show for you. Look at this lineup. Senator roger wicker will be grilling social Media Companies on the hill next hour but we have him first. Sarah Huckabee Sanders on that fiery Cory Lewandowski hearing. Martha maccallum on Elizabeth Warren getting grilled by Stephen Colbert. And tom brady and Dennis Rodman are on the show as well. Wow. What a lineup. All the big names are here. Im david asman in for stuart. Varney company starts right now. David we have some breaking news from President Trump. He just tweeted out quote, i have just instructed the secretary of the treasury to substantially increase sanctions on the country of iran. Check oil, it is now trading after hours, remember, it came down tremendously yesterday, its still dropping. Now its under 59. Looks like its headed to 57 a barrel quite a dif
30 minutes into the training day here in the u. S. As i mentioned, julie, we have the job numbers, but the market is not doing much at the moment. Julie we are very little changed. I wanted to mention some other Economic Data thats not passed us. The idea some reporting its nonmanufacturing index as well today coming in at 68. 150. That is what economists have been predicting with factory orders rising 1. 4 . Durable goods orders up 2 , and if you look at the ex transportation number, that is gain of 0. 7 that is a of 0. 7 . Member 50 is the dividing line between growth and contraction. So it is 60, well above that level. It looks like that expansion is the fastest pace since august of 2005. Ares are short of sort of shrugging off this news. We still have hurricane noise in those numbers. We will get more analysis from diana in a few moments. But if you take a look at equities and across the rate market, and the 10 year yield, we saw a sort we saw a sharp drop, but yields have come bac
Premarket, apple. Up 3 or 4 . 900 billion market cap, potential. Tim cook is giddy. Time now for your morning brief. It is jobs day. 8 30 a. M. , u. S. Payrolls out for october. Later, President Trump will depart the white house and begin his 11 day trip to asia. At 12 15 p. M. , minneapolis fed president speaks on housing and finance. Is he getting promoted . With neeljp morgan kashkari running. Looking at the payrolls report for october for a preview of what to expect. Bloombergs International Economics officer is standing by. Mike we are looking for two things. A big number as we rebound from the hurricanes. And anything else to talk about today because after this number comes out, no one will pay any attention to it take during it is just a rebound from the hurricanes that was distorted. No reason it would affect any policy makers. The one number inside the number that people might follow is average hourly earnings. They did go up a glass month given that lowwage workers were the o
Broke the story is here live. Rage of the wave. A surfer taking on this massive wall of water when hes pummeled and sent flying. The race to save him and what hes now saying from his hospital bed. Good morning, america. Thanks for joining us this friday morning. All kinds of news breaking out on all kind of fronts and that surfer lucky to be alive. In fact, if you look at the video, this doesnt just look dangerous, it was dangerous. He broke his back in that fall. But he has an incredible attitude and says, you know what, i cant wait to get back in the water and back on my board again. I think his mom might have Something Else to say about that when she sees that video. Oh, absolutely. You know, a lot of other news to get to as well, but first we want to start out with the deep freeze and record low temperatures that could be coming to here in new york and the cold air is moving in right now. Going to get down to the 20s in new york city tonight and ginger is going to start us off with