Europe largely unchanged the 10year just below 3. 5 road map begins with the second half of the year kicking off in high gear, what to expect for the rest of 17. And north korea launches a missile with the capability of reaching alaska. This as President Trump heads to europe to meet with world leaders. What the growing geopolitical tensions may mean. Is the job of ceo not what it used to be many top executives departed in the first five months of the year than last the look at the changing face of the suite. Heading into the first full day of the trading half the dow off an intraday high, nasdaq looks to avoid a fourday losing streak, wall street awaits the release of the fed minutes at 2 00 p. M. Eastern and investors will be interested not only in comments in future rate hikes but perhaps the timing of the feds planned Balance Sheet reduction. Jim, welcome back first of all journal today suggests they may talk about some timing of Balance Sheet but might get indications of a decembe
Tenyear yield did fall below 2. 3 on the third miss in a row largely better than expected from jpmc and wells and earn,s season kicks off. A big week for retail walmart gets an upgrade from goalsm Goldman Sachs. Financials are driving, but is the real consumer economy primed for a rebound Jpmorgan Chase falling despite posting better than expected Quarterly Results the bank got a boost from lending but hurt by weakness in trading. Jamie dimon says, the u. S. Consumer remains healthy, evidenced in our strong underlying performance in consumer and Community Banking wells fargo with an earnings beat and a revenue miss and citi exceeds on the top and the bottom line. All these names have had quite a run since the election not hard to know how much they deserve today in light of what the macrodata said the results would give me the message that things are on track. Going roughly in the direction expected and theres improvement there. Jpmorgan, 12 return on equity thats one thing that stands
President elect Donald Trumps cabinet picks general james mattis taking the stance on key issues, including russia and iran that is different from the president elect. What it could mean for National Security coming up, a Police Officer ambushed shot beaten a hero drive to his rescue details on this incredible story coming up, and a scare in the sky, two Alaska Airlines flight attendants getting sick from unknown powder onboard the latest on their condition coming up, takata to plead guilty over exploding air bags to pay broufl one billion dollars to federal Justice Department probe Bank Earnings season under way today, j. P. Morgan Wells Fargo Bank of america to report ahead of open the set the tone weve got numbers as soon as they hit the tape will drive Market Action futures indicating a higher opening this morning for broader averages see what bank numbers say how that changes Dow Jones Industrial average expected up 25 points, today, check out european markets gains have to mornin
The flip side is the dollar has been strengthening. We will talk to rick about that in a moment. Gold moving to highs of the session although we had a lot to digest. The personal consumption figure wasnt that great. The market all across the board wobbled. We had oil close below 49 a barrel. All the asset markets adjusting. The volatility index that is about 16. 25. Spiked above 17. We have amazon under pressure, potential partnership between General Electric and baker hughes falling. We begin with fbi investigating newly found Clinton Emails. The wording is careful because there is a difference between reopening and investigating newly found emails. What i am told is that this investigation into Hillary Clinton was never administratively closed. There were Technical Details being worked on behind the scenes even though james comes said the investigation was completed. The letter sent to capitol hill today that stunned everybody doesnt say they are reopening the investigation. He says
500 take record highs once again yesterday. The nasdaq closing at the highest level of 2016. Overnight in asia, youll see the japanese market was higher by about. 6 . You can see there has been some pressure on stocks. This has come again as this terrorism story unfolds in france the cac is down by about. 6 . The ftse in london is down by. 25 . Weve also been tracking currencies. As the bank of england failed to lower rates as expected yesterday. We have seen a little bit of that play out in the currency markets. Today is dollars is down against the euro trading at 1. 11. Down against the pound. Take a look at whats been happening with crude oil. It zetd ld by about 2 . Its giving back some of that this morning. All right. Here are some of the otherle stories were watching today. Presumptive donald trump postponing the announcement of the running mate. Trump said he has not made his time decision. Well go inside the race for the white house at the bottom of the hour. China gdp for the