Decision, blaine. Raj as you know so very well this was a truly polarizing decision made today by President Trump. As you can imagine reaction started rolling in quickly. Perhaps most notably from former president obama who negotiated the deal. In fact we received his statement before President Trump had finished his peach. Keep in mind this was a global agreement one that included countries in fact only two countries declined to join at the time it was syria and nicaragua. And now the United States is added to that list. No deal President Trump announcing today. The u. S. Will pull out of the paris climate accord. A global agreement to cut greenhouse gassy missions. So were getting out, but we will start to negotiate, and we will see if we can make a deal thats fair. And if we can thats great. And if we cant thats fine. The move philadelphia a Campaign Promise while ending a major obama deal. In a statement the former president said he believes the remaining countries will benefit fro
Slowed. Nat dak off by 1. 5 . Last week, a pretty good week for the markets, dow was up by 66 points for the week. Nasdaq was up by 1. 4 . If you look overnight in asia, nikkei, 0. 4 . And kospi up 0. 34 . Markets in Mainland China were closed. The european equities, the dax is off. Off by 0. 4 . Market is flat in france and london as well. A couple other big stories were watching today. Weve got a lot. On the economic calendar, the ism. Auto sales. Tomorrow, factory orders and the paychecks Small Business jobs index comes out. Wednesday, the adp employment record, ism Services Reports and fed minutes. Thursday, weekly jobless claims, friday, wholesale trade numbers and march jobs report. There are a few names of earnings this week, monsanto, walgreens, boots alliance, young china, beth, bath and beyond and constellation. And on the wall street journal, trio of fed officials speaking today. Bill dudley holds a press briefly at 10 30. Philly president Patrick Harker speaking about finte
Exchange. Good morning. Im sara aseisen. My favorite song. Im wilfred frost. And ill say it again, welcome back. Missed ten day rally in the there are. Missed you. Miss this major move in stocks. But, yes. You had a great time. I had a nice vacation, postelection vacation. Lets check in on the global market. U. S. Equity futures after another rally day on wall street yesterday left the do you up 80 points and trifecta of record closes. First time all four averages closed at a record since 1999. All three closing there august 15th. Were strong again. Dew futures up 47, s p futures up 4. 5 and nasdaq futures up 18, more than 18 points. For the ten year treasury note yield a story of higher yields, the selloff in bonds, stronger dollar. There we are right now just under 2. 30 on the ten year. Theres the spike up. Like you were never away. You know i have to keep paying attention to markets a little bit with such major action. You wouldnt believe what she reprice to while shes away. The te
Addressing his departure on twitter this morning. And brexit polls from the uk cant seem to lock down which way thursday will go. And then theres George Sorros issuing a major warning against a departure, even David Beckham is weighing in. But first up in about an hour from now on capitol hill fed chair yellen will kick off two days of semiannual testimony on Monetary Policy and the economy. Today its before the Senate Banking committee which is expected to grill her on everything from rates to brexit. Of course well bring you live coverage once the fed chair begins her remarks followed by the q a session with lawmakers. Some discussion it might be more contentious than usual even with her recent comments in the meeting last week. On both sides a lot of people saying get it over with. Admit things are weak and what are you going to do about it. What is she going to do about it . Its not up to her. Look at germany last quarter very interesting what the finance minister say. Look, we had
Hour the nasdaq now negative for the week putting to danger its six straight weeks of gains. The best performing stock on the s p 500 right now ralph lauren, the worst is perrigo. Much more on both of these names straight ahead. I am brian sullivan, melissa, thank you. The Labor Department says more jobs were available in america and more workers were hired in june. The monthly jolts job opening and Labor Turnover survey report says the number of open jobs up 2 from the prior month with hiring up 1. 7 . The trial to determine whether aetnas buyout of humana will go through, the judge in the antitrust case says he expects to rule by midjanuary. The two companies wanted an earlier trial date. Team usa continues to lead the medal count at the rio games. Ten of them are gold, some of them are won of course by Michael Phelps. More on that in a bit. We have a very busy show ahead when we start with two things saying a lot about you, the consumer. They are burgers, and they are bags. Thankful