We will tell you what happens straight ahead. First commercial grown delivery, markets looking to rebound from yesterdays fed selloff. Take a look, dow industrial up 50 points as you see. Nasdaq and s p also higher this morning. In europe investors are waiting on the bank of england this morning. A decision expected this morning. We will bring it to you as soon as it hits the tape. Meanwhile dax index of twothirds of a percent. The ftse in london down a fraction. In asia fractions lower, nikkei up a fraction, staying in positive territory near yearly highs. Hang seng down one and three quarters percent in hong kong. Finally here, star wars rogue, we have sneak peek, promise no spoilers. Mike huckabee is here, peter. Nice to be with you. Maria so nice to have you onset, governor. I like your holiday tie. I only get to wear it occasionally, so here it is. Dagen i wore red for you. Thank you, darling. I appreciate it. Dagen we argue but we love each other. Maria technology meeting, quick
Santa cruz mountains. At one point, it even shut down the highway yesterday for about 5 hours. This is the biggest one definitely, um, theres a quite a bit more earth about half the mountainside came down into the roads. Reporter mudslide crews are stretched thin so contractors are bringing them in to clean up the mess. The northbound lanes remain closed because of this massive mudslide. And im dennis odonnell. They are hoping for later today or even tomorrow morning. We have more heavy rain coming in fact its here right now. We continue to see waves of Atmospheric River move into the bay area. Screen is lit up with pockets of moderate to heavy rainfall especially in the north bay. And i wanted to zero in on this particular area right there because if you look very carefully, look at the heavy rain now occurring in guerneville. This morning before receding later on this afternoon. Then we hop to the east bay. Moraga, danville, you, too with the raindrops on the rooftops. Then we spread
After the biggest twoday rally in three months. You can see the dow and the s p are lower but not by very much. Take a look at the volume here. This is the volume by sector. In particular, we see a volume drop in health care of more than 30 . The Trading Volume is lower as we get closer to the Holiday Weekend. That is the caveat. That said, when you look at the stocks, they had a big couple of updates with a financial gain, today we are seeing that melt away. We are seeing bond yields come down. They had been moving in tandem. Berkshire hathaway are some of the big declines we are seeing and we have more declines trickling in with the jewelry retailer, sickness coming out with firstquarter sales that missed estimates and they cut their first year forecast. Some people are saying they are a buy at this point. Below is coming in forecast and Abercrombie Fitch is tumbling. There is dwindling traffic abroad. Interesting here that something that is affecting tiffanys is also affecting aberc
Schatzker. I want to say that i have missed you, but it has been an extraordinary week in if you have not heard of this, youre going to. This is the conference that brings together technology, media, and advertising. At a time when digital and innovation, you know i hate saying it, this is the time when our these need to figure the right way to reach the consumers and consumers have more control over what they want to buy and how they buy it. The changes that time is bringing is pretty extraordinary. It take a quick look. We took that away. We said this is not working for the business side of the equation. People are more excited about. We are not asking ourselves the question of where violating church and state. We are asking if we are violating our trust with our consumers. We are never going to do that. I also talked to jonah parenti. He says he knows how to go viral. Announcements of his coo leaving to go to the daily mail. There is an intense amount of interest in what were doing.
Buffett . Berkshire hathaway is performing better than icahn industries. That doesnt mean necessarily you shouldnt follow uncle carl, according to scotty markets. Charles payne behind buffett. Then we have fox contributor scott martin. I love look of it. [whistle blowing] dont laugh. This is very serious. Make your case, charles. Warren buffett speaks to the audience watching the show. He talks about investing, investing for the long term, finding great companies, typically Great American companies, riding them through the ups and downs to the obvious finish line. He is not bullying companies. Not going in for a quick fix. Not trying anything. Listen, i dont knock anyones hustle. I think if youre melissa scott, you better get in there. Points are racking up. Way behind. Hurry, hurry. I will knock the hustle and hustle into this. I do like the bullying. Guess what, in the booed room . At ceo level these guys need to be bullied because they take advantage of shareholders. That is why ica