As Iraqi Forces Advance on kir kuk. Road m as we kick off a busy week for earnings. Plus a win for workers, the white house pitching the tax cut plan countering democratic criticism and seeing middle class americans would see incomes rise. Eye on subs, netflix after the bell and is expected to hit another record today stocks are looking to hit record highs, dow and s p 500 coming off five straight weeks of gains. Yellen saying the ongoing strength will warrant a gradual increase in rates. Meantime oil prices are higher this fighting between iraqi and Kurdish Fighting escalating and wti up almost a buck. 600,000 barrels in play and you also have to believe the area being destabilized has made it at least for a couple of days you get over 50. Ive got to tell you, ive got at least a dozen Oil Companies i monday ter that will be in there selling again today. They have to sell because they are exceeding their cash flow. So when you see 52, you need to see a breakout to like 56 to realize th
On a good trajectory, so they can look past individual pieces of data to move forward. Thats broadly a better approach than just responding to every bump and wiggle in the data. I got news this mess and i will get us out of it says uk Prime Minister theresa may as she prepares to meet dup leader Arlene Foster in a bid to secure her parliamentary majority good morning it is tuesday, lets have a look at the stoxx 600 this morning. We are broadly higher to the tune of half of a percent. Merely shrugging off some of the renewed declines in tech stocks. All sectors in the green apart from telecoms. Yesterday the stoxx 600 European Equity market was down by 1 tech was the drag, pretty much mirroring what happened on the nasdaq most of the sectors are in the green. And youll see that all of them are now in the green technology, banks and real estate leading tech stocks up by 1. 2 yesterday we saw some apple suppliers falling and food and beverages telecoms, some of the relative underperformer
Out in deadwood we heard about the avocado pelting story. Really injured. In a world where amazon is buying whole foods what happens to costco, and what about those costco retisry chickens. You guys talking about it. Is that enough to keep the big box customers coming well tell you what the wall street is saying with costco down 2 . Two words on costco, fresh fish friday. Very enthusiast. Thats what i live for. Activist investor going after the parent of saks saying hudson bay should stop trying to get the deal won with Neiman Marcus and macys theres a better way to inlock the value. And well discuss stragt in a first cnbc interview with Jonathan Litt. We begin with word out of the white house. Kayla touch covering the tech sim mitt and ooemon javers with more on russia threatening to target the u. S. Over warplanes in syria. Ceos of the Largest Tech Companies in the world, alphabet, microsoft, ibm, adobe are meeting today at the white house to modernize the governments infrastructure
Drag hi speaking now the president marks six months in office today. Futures are steady yields below 227 as philly fed comes in light road map begin with a stock rally. Markets poised to open higher aztec stocks party like its 1999 breaking through a nearly two decade old record. Shares of american express, travellers and black stone all falling after earnings. And the Amazon Effect shares of sears are up sharply. The retailer announcing its ken more products will now be sold on amazon. First up with all three major indices posting record closing highs in the middle of a nine session winning streak thats the longest in over two years as they break through the record close surpassing the. Com record on march 27th of 2,000. That raised a lot of eyebrows. Sure did. Its pretty broad based and yesterday was surprisingly much more biotech than tech theres lefation going on. Theres companies that are just being revalued on a daily basis. Amazon being the most in terms of momentum, momentum, m
Whats it like when one of your parents comes out to you as gay . It happened tojillian stewart, her mum ended a relationship with her father before going on to become the first lesbian to marry a same sex partner in scotland. Butjillian has never really explored how her experience contrasted with that of her brothers and sisters until now. All five, four, three, two, one cheering. This is the moment my mums made history, becoming the first lesbians to marry in scotland. But it wasnt plain sailing for them to get down the aisle. Hi, my namesjillian, and 20 years ago my mum came out as a lesbian. I was only four at the time, so it really wasnt such a great dealfor me, but i have learned from my parents that it might have been a bit more difficult for some of my siblings, so im going to go on a journey and speak to my brother and two of my elders sister to see what it was like for them. I would also like to find out what it is like nowadays, and if it is easier for parents to come out to