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Slightly lower. S p 500, nasdaq higher on earnings. Lori rothman with me from the floor of new york stock exchange. Lori . Deirdre all right we got the gross domestic product. Not all that exciting but the fed looks at these things. 2. 4 expansion pace is already, certainly not terrible but likely for the fed to stay on course and raise rates in september. Why we saw stocks flipflopping. The gains and losses. A mixed picture with the dow off five points. Nasdaq up 17. Call the broad market average flat. After the bell it has been all about earnings. We had better than expected reports from social Media Companies like links inn, expedia, travel website, Electronic Arts the gaming company. Linkedin is a dramatic story here. After the bell when the report was released it was better than expected top and bottom line report. All of their products were going gangbusters. We saw s ....
Second. In london, london under attack, this time a bucket bomb. The japanese duck and cover as the north Korean Missile screams overhead while Team Trump Talk tough about the hermit kingdom, the markets show resilience. A global man hundred under way as the uk dodges a bullet. An improvised explosive device fails to reach potential. It still injured 29. Japan air raid sirens, blaring and sending schoolkids under the desk as north korea fires yet another missile over the island nation. South korea responding with missiles of its own. In this hour, were expecting President Trump to tackle all of these topics. He will speak to Service Members at joint base andrews, were going to bring you the speech live. Supposed to happen in 25 to 30 minutes. Plus could the big s ....
North korea vowing to speed up its Nuclear Program in response to the latest sanctions, but are they really doing enough. President bush 43, peter brooks, peter brooks. It seems that every time we do Something Like this either they upped the ante and ignore what we are doing our double down what they are doing or both. What do you think . Well, they are proceeding at a measured pace bearded on measured pace dont think its accelerating, necessarily it could it that these sanctions. North korea is committed with its ballistic missile. No doubt about it. Im very skeptical to negotiate that away. If they come to the table, you will not be until they perfected those programs and they have some rain though it gives them tremendous leverage. What do they do to change their behavior. It looks like they kind of buying in the face of whatever other sanctions reconsider. So if that isn ....
President s speech, which is with just one hour to the closing bell, imminent. What do we have . One arm on the farm bureau and one eye on capitol hill where both have very active political scenes. In d. C. , Mitch Mcconnell and House Speaker paul ryan explaining why their unified plan will make the complex american tax system fair and simple. Here it is. This is a onceinalifetime opportunity that is all about more jobs, fairer taxes and bigger paychecks for american families. For all of us, this is a new or never moment. About getting america going again and growing again, providing jobs and opportunity here rather than overseas, providing middle class tax relief for hard working american families, so they can get ahead. Liz i just want to let you know, we are getting embargo details, which means we cannot tell you exactly how his speech is going to go, but heres what we kno ....
Definitely a recovery in that and again, it delay. Presume there was also a Strong Demand for housing. Other breaking news not to do with the u. S. Economy but to do with canada. The bank of canada has an overnight different Interest Rate of 1 and says it will be cautious with future rate increases. Some economists and strategists in canada have predicted a stronger saying they might signal that they would raise rates. Be s not necessarily to viewing that we see the dollar strengthened up about one half of 1 . Getting back to the u. S. Averages, were seeing some weakness. All three major averages are down here. Lets get to them and earnings movers i should say, up and down. First of all, anthem is stronger today. Earnings topping estimates by 10 , the biggest beat we have seen, earnings per share up a percent 8 . Illustrating a debt ratio more, andoving actually rising. Now lit ....