Otherwise have been moving overseas and threatening companies who try to send jobs overseas. Watch him here. And im asking all companies to keep their jobs in america, and we will work to make america a better environment for workers and businesses and we will crack down on all Foreign Trade abuses that undermine your ability and your companys ability to compete. Those days are over when those companies are going to leave. Trish wow, you know what . We are going to need those jobs, folks, today we got yet again disappointing jobs numbers, the economy added 178,000 jobs last month, but they are mostly parttime jobs. So you get the Unemployment Rate falling to 4. 6 , looks good, right . Lowest level in nine years. Heres the thing, that numbers, it only drops because people have altogether given up looking for jobs. The Labor Force Participation rate, the number that shows how many people are working, it dropped to 62. 7 , and wages also fell, wages fell last month. Ouch. With a new sheri
Its the xpi, the ibb, the ones were talking about, and theyre down 4. 13 . Many of them rebound the maybe 25 , 30 off of the bottom that is they put in right when that tweet came out. Of course, the stocks were under pressure. They have bounced a little bit. Lily is, like i say, about 50 cents or so off the bottom that it put in, and still well above where it was in the after hours the other day. I think this is a lot to do about nothing. We would all like to see many of the Health Care Costs come down. I dont know that he can just wave a magic wand and have that happen. Sure, but weve seen, steve, the power of of the bully pulpit. Yes. Especially on this issue. We had this debate on monday. You were here. I was. I think. Yes. I was. And i led it, if you recall. Yes. You were here, jim. And, you know, its like confucious says. You give a man a fish, he eats a meal. You know, you teach a man to fish, and he can eat for the rest of his life. Steve, the tweets dont matter. The tweets dont
Versus anxiety about the further collapse in the price of oil. In the end, a possibly placid outcome to the tortured uk story, triumphed over oil, and the dow climbed 93 points. Nasdaq advanced. 21 . This tugofwar between britain and oil is of such titanic importance that nothing else comes close to even mattering. With all those a run big pools of capital and big news on brexit in that it might not happen. In the end, instead of experiencing pain, we had an antibrexit gain. One of the more tedious aspects of my job is that i have to look for minute difference thats could have a big impact. Right now there is fear about britain getting out of the uk against liquidity. Thats code for prop things up. In any way possible if things go wrong. The collapse of leeman brothers and all sorts of other institutions during the financial crisis is recent enough that bankers remember the firmest of institutions can have feet of clay. I feel emboldened. A bad thing that comes out of nowhere hurts a l
In a moment. In the meantime take a look at u. S. Equity futures. Dow was down a couple of points yesterday. Looks like s p up and nasdaq up by 14. Lets take a look at stocks to watch today. Shares of rack space. Market valuation of 3 billion before the report of a possible sale. Fire yief announcing plans to layoff workers. Missed its own forecast of the company cut its full year outlook. Zynga releasing a weak outlook. Active users fell. And restaurant chain poe yolo co. Matched the estimates and what is that now, up 8 yesterday. Lets take a look at the broader markets this morning. We showed you the futures are in positive territory. If you take a look at the early markets in europe. There are gains there once again. Looks like the dax is up bailey. The cac is up half a percent and the ftse after the gains we saw in the market there yesterday as the bank of england voted not only to ease Interest Rates by 25 basis points, but also to add a lot of additional quantitative easing and o
That this mornings slow moving funeral precession through the streets of louisville pushed back the start. Again, its one hour late already, but we have champions like mike tyson, luis on hand while alis family, president bill clinton, comedian billie crystal, all eulogize the man known as the louisville lip. Well take you live to kfc in kentucky when that happens. Look at those crowds. We should also tell you its a major news hour on the campaign trail. Both Hillary Clinton and donald trump playing to the base. Hillary today addressing planned parenthood and holding a meet with beth warren. One day after getting support, could this meeting be any indication of the first to a Clinton Warren ticket . The hightech billionaire who says if that happens hillary will neither get his money nor his vote. That to donald trump pitching to evangelicals at the Freedom Coalition conference just minutes ago. Weve got our reporters in the field and the Political Panel on the case ready to role. Plus