Thanks for joining us. Thank you for joining us. Lets look at the market picture it comes off a day of fractional gains. Essentially markets were flat. For the week, the dow is up 1 the s p and nasdaq 0. 6 p , 0. 7 were set to open 11. 3 points higher for the dow yields above 2. 3 for the tenyear, that nice rise in yields we saw over the course of last week, up to highs of 2. 34, 2. 35, just down a bit. 2. 32 the yield on the tenyear. Another quiet session in asia with markets in main lan china, hong kong and south korea closed today the nikkei up just a hair. 0. 01 . I guess it counts as a gain. Hardly at all. Lets look at europe a marginally mixed day on wednesday. If we look where we are now, we are mixed here we see markets totally flat in france the xetra dax down 0. 2 . Spain rallying again here, 0. 6 . Spain closed down 2. 8 yesterday. That was after the king made a speech the prior evening, did not go particularly well sort of elevated fears of more clashes or catalonia calling
Happening 30 minutes away from the end of the friday session. Stoxx 600 is up for the second day. Were headed for the second weekly drop in three. The bestperforming industry group. Sharesthe spanish lender 9 earlier, falling the most june 24. The lender, which has repeatedly Cap Investors for funds, reporting a worse than expected quarter. It booked for provisions of last year of 5. 7 billion euros to cover costs, cover losses for items including loans, real estate, and excess interest charge to mortgage clients will stop it left it with a fully loaded direct rating. I figure the lender says it could improve by boosting earnings and selling off noncore businesses. Shares in the last year are down by 54 . We were talking about insurance. This is europes bestperforming stock. This is a oneyear chart. Rising jump since 2008, by 10 . Shares of a record as well. Lloyds of london insurers, profit thomas does profit, the estimates. Insurers, of london shows profit, beat estimates. Earnings a
Heard got a new round of stress tests coming out at 4 30 p. M. Eastern. Those results are what investors in the financials and, frankly, in the broader indexes have been waiting for. Will banks be able to up jury dividends, return capital to shareholders and should they . The results could move the bank stocks big time in either direction. This used to be the biggest dividend paying sector of the market. Well have the results and the fallout to you first. Leading up to it they have been pretty strong. We will shake things up after the close with shake shacks first Earnings Report as a publicly traded company. The popular burger joint took wall street by storm on its ipo day at the end of the january. Remember that day there, kelly . The crazy line outside the exchange when they set up a mobile restaurant and people couldnt get enough of the free burgers that they were handing out that day. That first day performance wasnt bad either. After that and the Strong Performance across the res
Summer. Fall is not usually the hottest time for selling, either. No one wants to move as you get close to thanksgiving and christmas, but well tell you how it may be different this time. And a dark cloud over apple. The hightech service had a dozen celebrities had their private nude photos stolen and published on line. What does this mean for apple ahead of its big Event Next Week . The stock is high today. The dow is struggling, so is the s p 500 after hitting a new record high thursday. Once again, were focusing on commodities, specifically energy here, that is really getting crushed. Brant is down. Comex gold, thats a two examan half month low, but were still down, closer to 2 or 22 bucks. Silver are down almost 13 4 . The spdr etf down 1. 6 . Gas is down also. Lets check the market indices, the dow is down 74 points on the trading session. S p 500, after hitting that record high earlier, is down about 7 points on the trading session. Nasdaq is not faring that bad. The dow is at a