Economic news and the fed will consider that when they consider whether to do another Interest Rate hike. Lauren checking in on stock market futures ahead of the jobs data at 8 30 eastern time, dow futures up 6 points, nasdaq futures down two points, relatively muted. Nicole investors in asia on hold for the jobs report. The nikkei rose 1 2 . In shanghai composite index up 1 2 present as well. Lauren Oil Prices Holding Steady and up 0. 1 at 41. 22 a barrel. Lauren jack dorseys twitter is the latest company to kick the tires of yahoo but is there a deal in the works . We have the latest. Lauren in game one of the nba finals the Golden State Warriors with the Cleveland Cavaliers. At the french open Serena Williams has a tough time with an unseeded opponent. Highlights coming up. Nicole it is 5 01 eastern time on june 3rd, tgif, your first look at the markets, the latest breaking news and what to expect for the day ahead. Lauren 5 soldiers killed and four missing at fort hood, texas after
Stanning by for the press conference from the philadelphia fire department. Live in the frankford section of philadelphia, nbc 10 news. Right now at 5 00, let the long drive home begin. Stormforce 10 is headed back to the shore along with hundreds of other drivers. As you can see, its a soggy trip. Look at conditions right know from the shore to philadelphia. The city and parts north and west were dry most of the day, but now more areas are seeing rain. Its a wet end to the weekend. We also got a break from the hot temperatures. Glen has your neighborhood forecast. We got an official heat wave, three days in a row, and at the shore, it did not get into out of the 60s today, and the rain is steady. For example, take a look at dover. The back emg of this has not quite gone up there, and theres evidence that its actually moving out. Its going to take awhile. This is happening very, very slowly, but it was pretty much a warout during the day today at the shore. It rained hour after hour af
That these policies are not doing enough to revitalize growth. 1 . S p 500 is down the nasdaq is down the most. Or 2016y, we hit a high on the nasdaq. Happeningk at what is week to date. Even though we saw the uptick ofterday, we had two days declines. So with that we are down about 1. 5 . Now to year to the day, losing what we had seen earlier in positive territory. The nasdaq is down the most by more than 3 . With all of this happening, lets see what is happening with safe havens. Looking at the 10 year, it is down six basis points, 1. 69 . The japanese yen is strengthening against the dollar. David heavily traded big cap stocks are making moves today. Apple is accelerating losses, down by nearly 2 . Btig cut their price target from 141 to 130. They say customers did not grade as fast as they expected, and that is accelerating in the fourth quarter. Verizon down by 2. 6 . Jeffries is downgrading the stock to a hold from a buy. Bios video platform needs to get to scale. David thank yo
In a moment. Also if the headlines, chinas anbang withdrawing its 14 billion bid for starwood hotels. That means starwood will be owned by marriott. Well talk about what is next. And an interesting story around the mysterious anbang. Tesla shares higher this morning. Elon musk unveiling the new model 3 in los angeles last flight. He says preorders are already red hot. Welcome. Good to be back with you. Lots to do today. We have to start with the markets, all of the viewers and listeners following that jobs number. Not a great number, pretty good number. Stock market doesnt like it. The market is torn. I think the most important thing left out of all the discussion, new york and california raising the minimum wage big. Thats how wages go up now. It just shows you you have to push them up. The supply of labor force is so big, in part because of digitization. Ge talks about it. In part because of the loss of manufacturing. These jobs are not highpaying jobs, unless you have a minimum wage
Iture looks li donald trump rsus hillarylinton in novemb. Look at this. You arare abt to see the rlds Top Technology comny lose about 50 bilon worth of valu apple is sliding. But wait, he comes facebook. Ter a string of misses, wer going to find out if a social network can rescue big th. Polics and money, thats what we do. A big show for you. Varney company iabout to gin. T e of the road thwords, i think ive got it, thats right. Oks like weve come to the d of the road. Od, the political road of urse, thats what were talking about. Donald t trump and hilla clinn, yes, they are the esumptivnominees. And theyre both pivotg toward that general eltiononn november. Theyre going after ch other. Our coverage othe stunning primaries in jt a moment. Fit, this. Ththend of the road for apples 13yeawinning stak, what a run it had and that stock will be down big today a drop in sas, a drop in revenue, no innotion, so here the question, at 95 or 6 a share, is it a b or are we ending much of the show