what s the bottom line for housing prices? the usa? we mentioned at the top of the show we aret session lows but we are still moving higher with the possibility of a deal in greece hopefully in the cards. let s look at the numbers. the s&p 500 is currently up by six points and the rug sell 2000, the small caps is in the red. the 10-year yield currently sitting at 2.147%. the euro at $110.74, moving to the downside. in other words, dollar strength today. bob pisani is at the nyse. important thing is we re starting off the second half with two up trends very much intact and a down trend also very much intact. the important thing today. bank stocks continuing. remember they were big winners. the trend is up in interest rates. whenever you get a strong up trend in interest rates, banks usually move to the up side. this trend is now continuing into the third quarter. no new highs here but again every day you get a little bit of a move up in the banks. other up trend health c
there. the stock already the worst performer on the dow over the past year and now one of china s most powerful businessmen says the company is outdated. cnbc asked an industrialist about apple s future. he is ringing alarm bells. translator: in china, can you see that apple has already begun to lose the rapid sales growth momentum. one of the most important reasons is that apple s innovation has become extremely slow. two apple analysts join us now. one is bearish on april well a neutral rating for all of last year but three months ago but a buy rating on the stock. guys, great to have you with us. you know, one of apple s latest innovations is the apple se. but some say that make shift could present problems for apple when it comes to margins and average selling price. there was this interesting stat if, 10 million customers chose to buy an se instead of a 6s, that will put a pressure on margins. how much for apple going forward? yeah. this will have some impact on
equity funds. now we want to know, would you put your money to work in pot-related businesses? and you re going to love this story. we get the brutal truth from pepsi ceoindra nuie. this is the true story about how she told her mother about a huge promotion at pepsi. listen. let me explain something to you. you might be president of pepsi pepsico. when you enter this house you re the wife, daughter, daughter-in-law, you re all that. nobody else can take that place. leave that damn crown in the garage. leave the damn crown out. it gets better. more brutal truth from pepsi s ceo coming up later. tyner is out but susan is at the big board. absolutely, bill. so good to see you. the dow is 25 points from 17,000. year to date the dow is swaggered really. it s up 2.3%. the s&p and nasdaq up almost 7%. there s another big story. ten-year note. take a look at the yield which crests above 2.60% earlier this morning which caused a little bit of a pull back in stocks early on. no
dallas contracted the illness. today on power lunch, the head of a major nurse s union in the u.s. will give us her reaction. and the risk and reward behind 15% yields. where can you find them? where can you go today to get 15% in income? is it safe? that s always the question when those yields get in to rarefied air. sue is at the new york stock exchange. hi. we will begin now with new developments in the ebola outbreak. the cdc under fire and hospital emergency procedures called into question. that after a health care worker treating the ebola patient who died in dallas has tested positive for that virus. cnbc s meg terrell is live in dallas with the latest on what we know. meg? that s right. the health care worker is the first case of ebola to have been spread here in the united states. the cdc called it a breach in protocol, but they have not identified how the infection happened. they re now investigating all of the health care workers who may have had contact wi
nutella, involving a lot of questions, a lot of house, and mexico s first lady. there s a story from brazil that has just about everybody asking where is the money. michelle caruso-cabrera is all over the stories. stocks march to record highs, a new world opens up for investors, bob is at the nyse to explain this is a very big deal, right, bob? it is, indeed, tyler. the much anticipated shanghai hong kong stock exchange went live for the first time, first time foreigners can own 560 mainland china stocks directly. look at the full screen here. in addition to stocks you can own that list in hong kong. now, the hitch here, this is important, you have to be affiliated with a broker with a license in hong kong to trade the stocks. according to the stock exchange website, many u.s. and european brokerage firms are participating in the exchange because they have brokerage licenses in hong kong. the firms, take a look here, well known names in the u.s., interak tich brokers is one