They come. Checking out the 10year, weve been around the same level yesterday we were at 0. 75 this morning, it looks like the 10year is yielding. 69 saying the Global Oil Demand will fall by 9. 3 billion a day erasing almost a decade of growth down about 2. 25 baushing it back to 19. 65 a barrel dr. Scott gottlieb, chairman of cbs health, fanatics executive chair. Chief Investment Officer and more coming up in the next three hours. Joe . Becky, you remember United Health care is a dow component we always say, thats right. Thats right you notice the dow is down around 370 or so maybe repairing partly due to United Health care the Company Reported an adjusted 3. 72 for the First Quarter. Nine cents above estimates the company said it is keeping its prior 2020 full year guidance said it would continue to evaluate the ongoing impact. You can see up about five points or so. Ee quaids to the improvements we see. Well hear from bank america and other companies. We are in earnings season now.
Much power. Yeah. Black rock was beat. Later this morning we do have more delivering alpha stars stopping by our set this morning including your Capital Management founder. This conference could start at 8 30 eastern time and the preshow starts right now. Dont miss them. They will be on stage together later this morning so a very busy day ahead but first up to speed on the top deadlines. Three big Global Market stories developing at this hour. Parliament is in session. The government must vote on reforms that have creditors insisting on a bailout. Then overnight in asia chinese gdp data coming in stronger than expected. 7 year over year in the Second Quarter. In other reports retail sales also topping forecasts and the main index is down about 3 . The boj leaving Monetary Policy unchanged today. That comes as expected. It continues to expect the economy to continue with a modest recovery. Chair janet yellen will begin two days of semiannual congressional testimony. Shell appear before
Tell you about outside the world of business. At least 8 people are dead and five more believed missing after severe flooding yesterday near the utah arizona border. Heavy rain swept away a roadway and these are floods that came up very suddenly. Three people at least have survived the incident. There are at least approximate 13 fires burning right now. Hundreds of homes destroyed. Well have more on both of these developing stories a bit later this morning. First andrew has todays business headlines. Lets get you caught up on the stories this hour. The bank of japan is holding off on expanding its Stimulus Program but warning that a slow down was putting further strains on the economy. Some economists say the boj could ease again next month. Well watch that. Take a look at whats going on with the nikkei closing today marginally up about. 34 . Also we have stocks closing down more than 3. 5 and at a 2. 5 week low, the Global Markets all waiting to hear from the fed on thursday. Thats th
And margin calls are triggered over secession plans in the country. And japans Prime Minister hailed this weekends vote as an indication for economics. And paris taxi drivers stage a citywide protest against uber. Youre watching worldwide exchange, bringing you Business News from around the globe. Lets get straight to our top story this morning. The ongoing hostage situation unfolding in sydney. These pictures recorded earlier show armed officers outside a cafe in the Business District. A lone gunman is holding an undisclosed number of people but local media says about a dozen hostages are held captive. Within the last few hours, the number of people seen running out of the building. Earlier the hostages were also seen holding a flag against the shop window. Tony abbott said the governments allegations are known but well see if this is politically driven. This is a very disturbing incident. And i can understand the concerns and anxieties of the australian people at a time like this. Ou
He was still doing concerts and theres a place in new york city called b. B. Kings. Have you ever seen him in concert . I have a couple of times. Lucille and born and raised in mississippi which was one of his alabama lumbars too and whats weird is mike nice tie, i think albert king was born in another great blues guitarist that played with the guitar the way Jimmy Hendrix did, learned to play it this way even though they din change the strings. And he was from there. How weird is that. And both named king. But not related. Sure. Very weird. That was very sad to hear that. I love great guitar player and great guy. Always seemed like he was in a good mood. I never met the man. You mentioned 330 day ace year and never stopped working. On the road for decades. He saw how it made his audiences feel too. It might have been called the blues. But it made you feel good. Made me feel good anyway. Now to wall street news. Lets get you up to speed on the markets. U. S. Equity future at this hour