Economic Playing Field. Maria china and u. S. Businesses trade over deals during the visit. Expecting to release a plan of their tax code today. By President Trump says democrats will like the version more than what weve seen for the house for threatening to derail the 85 billion merger between at t time warner while regulating the process of requiring the sale of time warners unit which includes cnn or the directv business as a deal to allow that to go through. Apple topping 900 alien dollars incredible market value. The details as the most valuable Public Company keeps on getting bigger. Take a look at americas best thursday morning by selling underway. Dow industrials to be down about 25 points. Nasdaq, s p 500 in the red. In europe come major indices also lower. Xt 100, dax down fractionally. Talk about a third of a percent. In asia overnight, the service may expect the nikkei average done a fraction. Hang seng and on, three quarters of 1 . Spacey cut. Ridley scott will remove and
We will have their ceo with us just before he goes on a conference call. Happened withat the failed coup on friday we want to see what the central bank ones are doing. They left their benchmark rate unchanged at seven and a half percent and cut their overnight lending rate about 25 basis points. We do have the lira depreciating slightly against the dollar. The Turkish Central Bank said it took measured steps for simplification simplification. The lira on the move to the downside. Lets get a check in on the rest of the market. Record highe fifth on the s p 500 in just under a week over a week. Future softer. The dax down by one full percentage point. All 19 Industry Groups on the stoxx 600 have been in the red so far. The ftse 500 down one third of 1 . Germany Investor Confidence absolutely plunging. The fx market, the aussie dollar getting absolutely whack. We have some minutes from the australia centralbank, very dovish minutes potentially setting us up for a rate cut. The dollar is u
Sharply on the yield, of course, as the yield goes up, price goes down. The differential has not been larger in a very long time. Interesting state. Yeah. Glad you put that up. People talk about why rates are low versus europe. Good point. Talking europe, there it is, largely in the green. European central bank, by the way, leaving rates unchange as you see, largely a positive picture. They will not be closed for the july fourth weekend. No. They will be trading. We will be, starting with the jobs number on a thursday. The u. S. Economy added 288,000 jobs in june, ahead of estimate, and Unemployment Rate fell to 6. 1 , the lowest number since september of 2008. Remember that month . Yeah. All this pushing futures, as you saw, slightly higher, dow closer to 17,000 having that impact, as i said, on the yield, on the tenyear note. A look here, my friend had a great summary, which sometimes i use, thank you, peter. 194,000 for 2013, Household Survey up by 107,000. Talking about the up empl
Low in the middle of november. Oil is slumping around five year lows. As a new month begins for the rest of the markets spending drops double digits this back friday. But online spendsing alone jumps more than 20 . Target, best buy, home depot, others go after tally target alibaba. L chinas official pmi slipped to 50. 3. Thats below forecast. The dow and the s p each finished the month up 2. 5 . Nasdaq up 3. 5 . Nasdaq, jim, within almost 5 of an alltime closing high. Can energy at 8, 9 of the index drag down the markets . Its funny you mention that because first of all i think friday was very exaggerated. Just kind of got to really take that whole black friday for oil with a grain of salt. I think it was really an anything but oil move on friday. Its like, look, just get me out of anadarko. I dont care. Get me out of some of these consho. Corrigo, get me out. What happens . What do we put it in . It never seems to go to cash. Lets just put it in land research. Lets go to kale. It was
Apple. Liz apple has an 18 waning. If they continue their slide, looking ahead about 1 today, but if apple continues a pretty dramatic slide, watch this etf, you could suffer bigger losses. David nicole talk about bank of america. Seeing a bump topping 10, the first time thats happened since july 2011. Whether it is directly related to what happened to citi, almost 8 jump, but they may be something going on with bank of america by itself. We will look into exclusively in the next hour. Liz the biggest copper producer taking a dive today after saying something that usually helps the company. The move lower sent two material etf down. This is 8 of the fund invested, and also more than 8 of the fund invested. Moving just a bit higher. David lets take a look back at los angeles, we have people returning to work at the port of los angeles. After very costly strike costing a billion dollars per day. Coming up, the mayor is going to be joining us live, talking about the ports, the drive to br