Im sara eisen. Im mike santoli in for wilfred frost today. U. S. Equity futures are under a bit of selling pressure. Did see a turn in futures when this news crossed last night that fbi director james comey would be fired by President Trump. Well talk about the implications for Investor Confidence. For now dow futures are down 55 points. S p futures down 4. The nasdaq down 4 as well. As for the action overnight in asia. Hong kong continues to be a stand out. That index is at the highest level since 2015. It was a strong close for hong kong up a half percent. Shanghai comp, the main index in china continues to get under pressure. Down a percent. It is now at the lowest level since back in october. As for the early action in europe, legts shts show you wh going on. Some weakness but fractional moves. The german dax unchanged. Ftse 100 in the uk is positive. Weakness in italy. Look at the broader markets, a slightly riskoff response. The tenyear note. That yield yesterday hit a sixweek hi
Check out crude oil prices, which went fuderwacken again yesterday, according to mark grant. Wti is up by just 1 , to 46. 36. Brent crude sitting at 44 th49. President trump abruptly fired james comey. Comey learning of the firing while speaking with fbi agents in los angeles. This morning there is bipartisan outrage as congressional members on both sides express concern about the sanctity of the Ongoing Investigation into President Trump and his ties into russia. Eamon javers has more on this continuing to develop story. Good morning. It was a dramatic and Stunning Development last evening as the white house announced that the president fired the fbi director. This is something that caught all of capitol hill by surprise. It caught all of the Law Enforcement community by surprise. It caught the Intelligence Community in washington, d. C. By surprise. Heres what the president of the United States wrote to the fbi director who is conducting an investigation into whether or not officials
Getting through as many as we can. Its a jampacked two hours. Why niles shorts amazon on the back of the deal, and former walmart ceo, bill simon, why walmart has more to worry about other than amazon. Bill miller, a bull on the stock, and talking to him about valeant, and alexander accosta reacting to President Trumps comments on cuban policy lets get to it we have details of the amazons deal to buy whole foods and what it means for rivals. Mike, this is a little bit of what it means because ramifications have many, many ripple effects, but the deal to buy whole foods makes it amazons biggest acquisition to date, and one thats royaling grocery and retail stocks. Amazon says it will maintain the whole foods brand with the ceo and cofounder somedaying at the helm, for now. The overlapping is high already, and the stores are are located close to many amazon distribution centers, which is an interesting point the partnership certainly arms whole foods with logistics and data expertise, an
Welcome to power lunch. The dow took a triple drop when donald trump junior released an email of his plans to meet with a russian attorney that apparently had information about Hillary Clinton. The major averages have mostly recovered. The nasdaq back in positive territory. Higher by 3 points tyler . I thank you very much im Tyler Mathisen we begin with the latest developments on that email drama involving donald trump junior, russian interests, et cetera, et cetera. Kayla tausche live at the white house. Reporter the existence of these emails first reported by the New York Times and later tweeted the enfire chatire chaid appear to show the motivation for the meeting that the president s son took in june of 2016 with a russian attorney said to be connected to the kremlin. It would seem to support that the purpose of which was to obtain incriminating information about Hillary Clinton, then the president s opposition in the president ial election. According to these emails, a publicist w
Board that just approved the release of o. J. Simpson. Im talking about todays stock market where we saw a host of stocks just get hammered as sellers decided what the heck. Im not sticking around for any con vick slon. Im outta here as so often with the market, you cant rem i see the losses on the surface, because the money rotates from one place to another. It doesnt leave the house just dipping 29 points nasdaq actually climbing. 08 . Lets start with the shocking declines in the stocks of home depot and lowes, which shed 4 and 5. 56 respectively in this one session. These are two incredibly wellrun chains. The last quarter is particularly strong for home depot, where it delivered the requisite monster uprise surprise. Along with the 3. 75 billion boyback. The stock just kind of sat there initially. And then it has since meandered downward over time despite the excellent numbers. The best of the major retailers. It would sure look like a buying opportunity given that home depot does