Radical new look and power train for the mustang name plate a one on one with ford ceo jim hack et coming up. Saudi aramco falling short the company out with a new valuation thats less than investors were expecting as Worldwide Exchange begins right now. Good morning welcome to the show im dominic chu in for Brian Sullivan. Here is how your money and the Global Markets are setting the day up after the dow closed 28,000 for the First Time Ever on friday breaking above the key level just in the last few moments of trading on that day you can see there the time lapse of the moves this morning, stock futures indicating the dow will open up slightly higher. The dow is coming off its longest win streak since february the s p seeing its longest win streak in two years at that stage. As you can see the dow jones up by another 40 points if these gains hold into the opening bell, the s p up by 3 points and the nasdaq up by 17. If you take a look at the overall picture, also bonds a key focus as
Staff and customers in morning. San Francisco Police at this hour are trying to find the driver responsible for his death. That owner gus article stand this was killed at 2 15 pm when he was hit outside the wholesale Produce Market in the bayview. The driver of the car never stopped. Police are checking to see whether these car is leading to a shooting that happened a few blocks away before the crash. I cannot confirm that there is a relation to the incidents. What i can say is there was a pedestrian collision that occurred. There was a shooting that occurred. Reporter news of his death spread quickly with condolences from customers as well as supervisors and mayor. Besides the market he earned he owned two other markets in San Francisco. As we come out here life police are looking for a silver sedan. That is the only description they have of the vehicle. Anyone with information should call san Francisco Police. I spoke to the victims sons. We will hear from one of them later on today.
David its not just about me. Its about the team. Amanda we have another great ceo coming up. You talked about the technology they have planned. Where the company is going. David it was a great experience. We also have with us peter kraus. He will explain what Equity Managers are doing wrong. Innda we are going to check with our Bloomberg Team for indepth coverage of our top stories. Susanne walker barton is live on where the fed may raise rates. Ryan chilcote talks about the oil Company Spending cuts. Lets start with janet yellen and the fed. June appears to be out. September is not a sure bet. Thats the take from investors. Has beenonomy recently affected by a mix of countervailing forces. To expect reasons that the positive forces supporting employment growth and higher inflation will continue to outweigh the negative ones. Amanda Susanne Walker barton joins us now. Lets start with how the market is interpreting this. Do we get a sense that september may even be off the table . It ma
With the dow gaining 225 points the s p climbing 49. 9 , and the nasdaq jumping. 89 . This is the type of day when i like to talk about the negatives. I like to talk about what has been causing the selling of late but not today. You see, i dont like to pile on and bring out the dancing bears only on those horrible days. That is what the other guys do. That is worthless. Im not going to let you panic, so use this amazing positive day to do some learning. Let me give you the narrative that so far in 2014 has kept it from rallying let me prep you, so then you will know the drill and you will be ready. Its crazy out there these days. There are too many things happening all at once. That means a rush to the exit every time they see their shadows, now they didnt see them today. We all know the stock market has been on a major tear since the bottom in 2009. We know that the rally attracted many a new investors some of whom were turned on by exciting Companies Like tesla, and netflixs and of c
Washington. Earnings after the bell, Restoration Hardware and h r block. How did your taxes work out this year . Its like a phone book, it gets thicker every year. Lawyers and accountants always make out. President obama delivered the worcester, Massachusetts High School commencement at 4 00 today. Its a very cool area. Clark university is there. Its a great history of mechanical engineering. And the Basketball Hall of fame is right there. Thats springfield, down the road. It is along 91. Treasury secretary jack lew is speeding at the new York Economics Club later today. The la kings just got off the bus and nobody smiled, they were all business. Scarlet saw the rangers drinking under a bar. Its do or die tonight. Futures were negative seven yesterday, the 10 year yield was higher earlier and the euro is driving friendly. I am watching oil, it is elevated. Crude 104. 67. Vxx is very complacent. There is the dow. You can see the brent crude nymex spread. I am looking for brent crude to