Nontinted windows. a woman was driving with a male passenger. it s not clear which one was shooter. let s get a check on cnn business it tuesday morning. looking at markets around the world to start a new trading month you can see gains in european shares and mixed performance in asia. on wall street stock index futures leaning up a little bit here. blue chips are up now four months in a row despite inflation worries, stocks rose again in may. the dow was up nearly 13% this year, the s&p 500 up 12%, the nasdaq is up 7% year to date. solid evidence of a sustained economic recovery. inflation fears have not derailed stocks, but you might be noticing some higher costs in your family budget. the national average for a dillon of regular gas is still above $3 a gallon with drivers in california paying an average of $4.20 a gallon. the world s largeest meat supplier says it was hit by an organized cybersecurity attack that affected its servers, supports i.t. systems in north
Building. no cause has been announced, but officials have been complaining of government funding cuts and inadequate maintenance. check of cnn money. a new trading month and stock markets near all-time highs. the bull market now the longest ever after the strongest summer. september is challenging for since 1950, s&p dropped .50% on average in september. it is just an average. last year the s&p gained in september. some challenging for the month ahead for investors. trade disputes. will nafta deal? questions with china and the eu. the labor market is tightening. can companies find workers to hire? will wages surpass 3% annual grow growth? we have the friday jobs report. and the fed forecasts a rate hike later this month.
Investors are coming back from the long holiday. will the bull market keep charging higher? christine romans joins us now with cnn money now. bulls, bears. investors return from this long weekend to a new trading month with stocks close to records highs. the bull market is the longest ever after the strong summer but september is historically challenging for investors. since 1950 the s&p 500 has dropped a half percent on average in september but that s just an average. last year the s&p gained in september but there are challenges here. trade disputes a major issue. will canada join the new nafta deal? officials from the u.s. and canada will meet tomorrow. both sides claimed progress but failed to reach a deal to join this framework with mexico amid the leak of a comment from a
Republican members of congress. why? because it could hurt chances for republicans to maintain seats. we have a republican senator john kennedy joining us. he is on the judiciary committee. what does he think of all this? that is all ahead. john berman, thanks. investors returning from the weekend to the beginning of a new trading month. the bull market is the longest ever. september is historically challenging for investors. since 1950, the s&p dropp dropped .50%. it is just an average. last year, s&p gained in september. there are challenges investors face ahead. trade disputes. will canada join the nafta deal? questions around china and the eu. labor market tightening. can companies find workers? will wages finally surpass 3% annual growth? we get a look at that with the august jobs report. the rate hike is forecast for later this month in the face
Karen cho joins us live from london. we did see wall street move ahead and close out the month on a high. as investors wake up to begin the trading month of august, there may not be any progress at all. we hear about 25% tariff on chinese goods, instead of threats of the initial 10%, investors are sending futures lower. despite the trade uncertainty, stocks moved higher. the dow up 4.7% on the back of earnings and a stronger economy. and an ohio chip poetly just reopened after customers got food poisoning working there. chip poetly just overcame the bad pr from the food-borne illnesses early this year.