European union. Stock market futures ahead of the opening bell and ahead of the conference hired by 50 points. Nasdaq higher by 14. Nicole asia stocks rose despite a decision to delay it added thanks to the american index. In japan, stocks edge higher as well. Lauren oil prices 4794. Nicole federal government tells whole foods to clean up its act by the end of the month. The fda finding serious violations at approved licensing plan. Nicole reportedly expanding to las vegas the citys first pro team. Fan sign up for more than 12 hours industry yesterday to pay respects to hockey great gordie howe appeared nicole it is 5 01 a. M. In new york in wednesday, june 15th. Welcome to fbn am, your first look at todays markets, latest breaking news and what to expect that they had. Lauren the search continues for a child who was dragged into the water by an alligator at a disney resort. The incident happened last night near the grand floridian resort and spa. The father entered the water and tried
A move aimed over potential donor influence. News, aetnas plans to scale back its participation exchanges under the Affordable Care act has at the ealthcare back center of the debate. We start this morning by asking viewers, how would you change the Affordable Care act. We have special lines for this question. Hose insured through the Affordable Care act can call 2027488000. Hose with employerprovided insurance can call 2027488001. You f you are uninsured, can call 2027488002. You can also reach us on social cspanwj twitter, on and also on facebook. Morning. We will get to some of the other during our show as well as our discussion with our guests and our open line segment a little later on but starting today with discussion about the affordable are act after news that aetna, joining some other Healthcare Providers in pulling out of the exchange. We encourage you to join in to this debate, particularly if you one of the by insurance plans that will no exchange. On the in todays wall st
Apple, giving you a very down beat forecast as the tech giant did in last nights Earnings Release and conference call. Given how important apple stock is to the psyche of most investors, i would have expected us to be down huge today. Sell, sell, sell. Be yet they managed to rally. The dow gaining 51 points. The nasdaq did decline. Yet this recent year of good feelings, the one that started the second week of february when we bought was so different from every other market i can recall. I think it is worth stopping. In order to figure out what the heck is happening out here. Or to put in it terms most of us can understand, what ever happen to the pin action of disappointment . Let me throw in a little dollup of history. Ever since stocks began trading through commoditization of equities, talking about the early 1980s, the entire stock market tends to get crushed by a few letdowns and forecast cuts. A stock like apple with a half trill market game could push down the worth of the entire
Julie lets take a look at what is going on right now. A little bit of a poll we are not seeing anything because we had technical difficulties. Vonnie this is where we need your hat. I can get it up on my terminals. Julie we are seeing sacks down in the wake of the jobs report which on balance is being seen as mixed to negative overall in terms of its indication of what it means for Economic Growth in the u. S. And Interest Rates. If you take a look at u. S. Futures and what we saw directly in the wake of the report and following, we did see a little bit of a delayed drop in the futures and climbing back up, and now it is lagging back down. Traders and investors are sifting through the data and trying to figure out what to make of it. Commented thatn investors might come around to the view that this still leaves the door open for the fed to increase rates sooner rather than later. If you look at the 10 year and what we are seeing today, similar downward movement in the yield but now it
Volatility and various assets as investors try to figure out what to make of the data. Number was worse in terms of the number of jobs added but we also saw some wage growth and we have heard a little bit of mixed reaction to this number. Stocks are down at the moment but there are a number of different factors driving them. The nasdaq is the underperformer, down 6 10 of 1 . Look at the s p 500, we have had a lot of bouncing around even athlete got the number. That even after we got the number. We saw futures recover to some degree and confusion being reflected during the course of the session. We are seeing similar reaction in terms of the bouncing around in other assets. The dollar, for example, a lot of zigzagging in the wake of this report. We saw it go higher and it has been bouncing around since. Seeing aar note also lot of bouncing around between gains and losses. Saw a sharp decline in yield after the number was announced but it has since recovered. It is only up one basis poin