59 minutes left to trade, kayla. And that green screen is not something we have seen in a while. We have a big show ahead today on closing bell. A big deal for big steel well talk to the ceo from Cleveland Cliffs and his outlook on the economy later, sneaker startup all birds scoring 100 million in fresh funding. Valuing the company at 1. 7 billion the coceo will join us to tell us how his Company Plans to spend that cash and well have that later on in the show. Lets focus in on the big show were tracking to days rally. Theyre covering the latest tensions in the tech cold war with china start us off on the Broader Market and what youre seeing behind the scenes today. Yeah. Market making the case that last weeks lows and got some traction near the levels its not Something Else tachlt a look at the s p 500 year to date all the indices have a similar look with different mag any tudz we were talking about this level for a long time. This is where we hit the lows a few times last week aroun
Terror attacks down by just 0. 25 . Breaking overnight, saudi arabia, the United Arab Emirates, egypt and bahrain severed ties with qatar. Now, theyre accusing the country of supporting terrorism. The gulf states said qatar support of the Muslim Brotherhood threatens National Security because the foreign minister has said the measures are uninjured based on claims that he says have no basis in fact. Takes a quick look at crude prices. Wti at 47. 84. We will get a live report from dubai in just a couple minutes. In london, as you know, on saturday, seven people were killed dozens were injured when three men drove a van into pedestrians on in this case, it was the London Bridge then attacked people with knifes in a busy neighborhood. Its the third terror attack in the uk this year, comes days after manchester and just ahead of thursdays parliamentary election. Lets get to wilfred frost in london good morning, will. Reporter good morning, joe. Seven people dead, as attackers crossed Londo
Hike . What if oil is back . What if things are Getting Better in china . What if the issues with volkswagen can be contained . These questions explain how the markets advance can continue. Roaring 314 points. Nasdaq climbing 1. 56 . Weve got a trend going here. Weve got to talk about it. All of these whatifs would have been ridiculous to discuss a week ago. Suddenly good news is busting out all over and we cant not talk about it. The facts are changing pretty rapidly. A few weeks ago the fed was on track to tighten. Lo and behold they did get in the way with that very weak employment number on friday. That might have been a shocker to those who kept talking about the need for the fed to raise rates. Now, its no surprise to anyone who has been listening to our companies have to say. Theyre being slaughtered by the superfreaking strong dollar including dupont, in part because everybody expects a rate hike. Everyone should have known that the economy is weakening and weakening fast. That
Remember when they were negative and people wondered why this stock has roared from the lows in the 90s to 180 since east brook took the helm. Tuesday we hear from freeportmcmoran. Their woes were chronicled in todays new york times. Many think this is holding on by a thread. Maybe they have a plan to get more solvent and reveal it. Dont hold your breath. How about the two dow jones stocks that report tuesday morning, Johnson Johnson and procter gamble. J j told you things were fine but ever since ceo alex gorsky took the reins in 2012, weve been pining for bet years. Its ok to own and better to buy on weakness. After the bell we have the most widely anticipated quarter of the year, apple. And i have to tell you that this Company Stock has become a football thats getting kicked earlier this week an influential apple analyst at ubs told you to be careful saying the down side risks, even into the sickening decline from 134 to what was then 95 still arent baked in because cell phone sales
United states. Since were obsessed with oil and schlumberger soared after last nights earnings well have to parse that report closely. Next, the company with the steadiest stock is tissue maker Kimberly Clark and if you want to hear why, listen to their earnings call. But if you want pure electricity, we also get results from mcdonalds where i bet ceo Steve Eastabrook announces the numbers of 4 same store sales. Remember when they were negative and people wondered why this stock has roared from the lows in the 90s to 180 since east brook took the helm. Tuesday we hear from freeportmcmoran. Their woes were chronicled in todays new york times. Many think this is holding on by a thread. Maybe they have a plan to get more solvent and reveal it. Dont hold your breath. How about the two dow jones stocks that report tuesday morning, Johnson Johnson and j j told you things were fine but ever since ceo alex gorsky took the reins in 2012, weve been pining for bet years. Its ok to own and better