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Comments and europe is mostly green and Oil Continues its run above 66 our road map begins with industrial earnings from cat and 3m and numbers from ford well dig in. The president is switzerland, well hear from him this morning and then an interview with our own joe kernan. And futures are up in the premarket on the rally this morning. Earnings news, lifting a pair of do you components, caterpillar with its Fourth Quarter results and issuing up beat guidance due to growth in the Construction Business 3m with q 4 results, increasing the dividend by 15 . Cat is the story this will be an all time high. They are talking about strong order rates, lean inventories and increasing backlog and this is all before we see the framework of the infrastructure, bill. Talk about two stocks that are kind of encapsulated, all of th ....
A new plan to revamp them expected to be announced this week by president ial candidate Hillary Clinton. Cnbc chief washington correspondent john harwood is in d. C. Now with details. Reporter mandy, Hillary Clintons beginning to lay out all of the components of her Economic Program to try to relink middle class incomes with the profits of Corporate America. Last week she talked about a plan to link employee tax policy or employer tax policy toward Profit Sharing with employers. Now shes trying to encourage longterm investment. I just want to go back to the history of Capital Gains rates to illustrate what shes the system that shes trying to tweak. ....
And welcome to power lunch. Im melissa lee. All three major averages at session lows right now. S p 500 down almost 1 . The nasdaq the biggest loser of the three major indices. Were seeing the biggest oneday losses in fact in more than a month. And keeping an eye on the airlines, they are down big being led lower today by delta and thats Airline Index on pace for fifth straight down day. Michelle. Im michelle carusocabrera. Thanks, melissa. Heres what else is happening at this hour. Americans made more and spent more in june. The government reporting a 0. 4 increase in Consumer Spending. Thats the Third Straight monthly increase. Personal income up 0. 2 . The centers for Disease Control awarding 16 million to u. S. States and territories to fight zika. Thats in a ....
Viewer showing a semi that was blown over on highway 63 north of waterloo. Werve heard a few more reports throughout eastern iowa of similar accidents happening. New at noon the Iowa Department of Public Health announcing a person in iowa has tested positive for the zika virus. Of an iowan contracting the virus. Were told its a woman between the ages of 61 and 80. Who had recently traveled to central america. The Health Department also says the general public here in the state is not at risk of getting zika because of the lack of mosquitoes holding the virus here. Two people were taken to the hospital in an Early Morning house fire today. The fire happened in waterloo where crews were called to the scene just before 5 am. One of the hospitalized men actually attem ....