Lets see how things did overnight in asia. Asia was leading the declines yesterday. This time a little different story. Nikkei closed up by 1. 5 hang seng was up by 0. 6 shanghai was flat. In europe, at least at this early trading hour, there are green arrows across the board. Barely hanging on for the ftse the dax and cac each up by better than 0. 6 looking at crude oil prices, at least right now, crude oil looks like its down 7 cents 55. 26. Couple big stories were watching, mattel has rejected a takeover approach from rival hasbro reuters reporting that mattel believes the offer undervalues the company and doesnt take into account the potential for regulators to rejected the deal on antitrust grounds reports saying mattels new ceo who took over in february may be trying to drive a harder bargain in talks with hasbro the company cut its fullyear revenue outlook. You are looking at both of those stocks now time inc is reportedly restarting talks to sell itself to publisher and broadca
With a cyberattack waiting on sentiment as well. European markets edging lower. S p 100. Capra went on a third of a percent. In asia, declines across the board. Hang seng index down two thirds of 1 . Health care reform on hold. Senate Majority Leader Mitch Mcconnell joining the vote until after the july 4th recess. President trump met with the white house yesterday. He called on them to come up with a solution. We have really no choice but to solve the situation. Obama carries a total disaster. It is melting down as we speak. Maria we look at the implications for the rest of the agenda this morning. A sheriffs deputy shot in the face that the suspect now in custody. A couple stocks to watch on earnings news. Those results ahead of the open this morning. Revenue expected to decline a year ago. Investors watching General Mills today. Sales missed expectations for three state quarters. General mills down 1 . Blue apron gearing up for an ipo. It will start training tomorrow facing headwind
More rain and as you take a look behind me, we are seeing a few whitecaps on the st. Johns river. Again, many people have to evacuate. The largest evacuation since hurricane stand in 2012, super storm sandy and 2012 but many decided they wanted to stay behind. The massive storm is moving up the florida east coast, bringing with it heavy rain. More than 100 Miles Per Hour wind. It is here. It is absolutely here. Reporter Officials Say that the effects of matthew will be unlike any hurricane in decades and that some places it may become, quote, uninhabitable for weeks or months. They are starting to see the impact and it is a monster. Again, our number one priority is protecting every life in this state park reporter power lines are down across the state, hundreds of thousands without power, but despite repeated calls to evacuate, and predictions of a devastating storm surge 11 feet of storm surge so in your house, if you are close, you could have the storm surge and waves over the rooft
Person entering the race. All of that , coming up in a live report. Liz police need your help thieves. Well have more on that. Good morning. Is off today. Ben i am ben simmoneau. Its mardi gras lets check the forecast. Its a bit chilly. Its a week colder feeling than yesterday morning. We have some flurries on the way. Its just not a good week for weather. Another issue is coastal flooding. Its a big deal of the new jersey shore. Have a strong northeast wind flow yesterday. We have a new moon with an astronomical high tide. Its higher than average. Factor in the northwind and it was a recipe for flooding. Thats what happened yesterday and we expect the same today. High tide today. We expect them to be two 3 feet above normal. Large waves at six 10 feet causing some beach in dune erosion. The other factors to be concerned with snow. We are expecting it to come through the tristate. Another round comes through in the National Weather service issuing a Winter Weather advisory. Some of the
At the data coming up. Julie we got a snapshot this not lookingits great. Will is still driving u. S. Trading and driving at higher. The dow has been leading the gains throughout the session. Im looking at the s p and oil throughout the session. It was right around here that we got those numbers from interfax that there was an agreement to Freeze Oil Production between saudi arabia and russia. The Russian Oil Minister has refused to climate refused to comment on this. Nonetheless, it is fueling gains in oil prices. If you look at oil alone, you can see the movement upward we had in those oil prices with oil higher by 3. 5 . Going to send it back to you guys because it is time to hear from peter thiel. Lets go to San Francisco where emily chang is speaking with peter thiel. Peter it is ferociously competitive. It doesnt surprise me so much as it scares me a little bit and would scare me as an entrepreneur. People who are incredibly motivated and a lot of it gets channeled into a hyper c