Here are the top stories we are watching ahead of the closing bell. The fed president saying the path of rate increases is likely to be shallow. He made those comments earlier today. Dudley also reinforcing Janet Yellens message that borrowing costs are likely to remain low even after liftoff. Barclays has been ordered to pay 9 million. Barclays must release deferred pay to the former derivatives trader who claims the bank and fairly withheld compensation after he left the firm. Energy shares rallying the price of crude. Saudi arabia raised prices for shipments to asia signaling stronger demand. We have less than one hour to go until the close of trading. We want to get to the breaking news desk where scarlet fu is looking at all of the action. Scarlet we have got a rally on our hands. Look behind me. We zoomed up after the start of trading and have not turned back. We are near our best levels of the session now. Initially, it did look like the jobs report would be interpreted as bad n
Lacqua. After working through the night it appears that western and iranian diplomats could be nearing a deal. Guy talks on Irans Nuclear program are still underway. Lets get the latest from elliott gotkine. How much progress have we made . Elliott well, they are still they say making progress. They have been inching towards a deal. The National Agreement has so far proved elusive. You do have to admire the stamina of the negotiators from the world powers and iran. They and jordan at 6 00 a. M. Local time. Irans Prime Minister has been spotted. He says that a joint statement is expected from todays talks and any agreement may be upended to a u. N. Resolution. We have some optimistic words from the french Prime Minister. He was absent from these talks for most of yesterday. Day eight of negotiations. Will it be the last . Francine what comes next . Even if they reach a deal, it is not the end. There is another deadline, june 30. Elliott the interim agreement with iran for some sanctions
Americas military superiority or its support for israel. President obama i am willing to make the kinds of commitments that would give everybody in the neighborhood, including iran clarity. Israel will be attacked by anything and we stand by them. Matt Israel Passes Prime Minister is not sold. The Prime Minister yahoo says it will lead to a Nuclear Armed. Wall street was closed for trading when disappointing numbers came out. Last month falling far short of estimates and well under 200,000 for the first time in two months. Brady in california but not nearly enough to help the drought. Governor jerry brown tells abc it is not just california passes problem. Jerry brown that will be reflected and show up in other parts of the world. Climate change is not a hope, we are dealing with it, and it is damn serious. Matt the governor passes order does not affect them. There not wasting water on lawns or long showers. A new fast and furious is racing to a box office record, pulling in 146,000 in
Masters all weekend . Erik i didnt, actually. Stephanie you should have. Erik i watch some. Amazing performance by mr. Spieth. Tying a record set by tiger woods. We are going to start you off with the top business stories of the day. An activist investor is targeting qualcomm. Asking qualcomm to think about spinning off its chipmaking unit. Shares of qualcomm are down 11 over the past year. Here is where they are today. Breathing a little life into qualcomm, but not enough to recoup all of the losses. Meantime, in china, exports unexpectedly fell by the most in more than a year. That adds to concern over chinas growth. Next stop, iowa. That is where Hillary Clinton is headed as she begins her Second Campaign for the white house. She ended the suspense over whether she would try to become the first female president. She used a video to announce her candidacy. I am running for president. Americans have fought their way back from tough economic times. The deck is still stacked in favor of
Fight between the white house and congress over the Iran Nuclear Deal. First, the stories were following. Marco rubio telling top donors he is running for president because he feels uniquely qualified to pitch his Republican Party is one that will defend the american dream. The firstterm republican florida told the biggest backers he sees the president ial 2016 campaign as a choice between the past and the future. He spoke on a Conference Call before a political rally scheduled for tonight in miami. Hillary clinton is scheduled to make her First Campaign appearance tomorrow at a Community College and i want. Sunday she ended the suspense over whether she would seek her partys nomination. I am running for president. Americans that pop their way back from tough economic time but the deck is still stacked in favor of those at the top. Every day americans need a champion and i want to be that champion. Mark she is taking a road trip to iowa in a van. Iowa is the traditional site of the fir