As electric. One of teslas biggest goals straight ahead we start with the banks and the latest. Weve seen a flury of press conference from banks announcing plans for their dividends, one of those coming at a future date is wells fargo saying its third level will reduce from 51 cents a share, didnt mention what level it will reduce to, but that will come in with the announcement of july 14th earnings another company on the watch list for potential definitely dind watch is capital one with buffer of requirement of 5. 6 but no plan of what to do with its dividends in the press conference weve seen so far press release weve seen so far. Of the companies that have reaffirmed their dividends citi group Morgan Stanley golden Goldman Sachs bank of america. This based off the stress test last week. Jpmorgan have not issued a release yet. Not that weve seen, correct. Wells fargo started today up with an 8 yield so nobody thinks an 8 yield is what the ongoing yield is going to be for well to me t
Take a look at where we stand with the market stocks under pressure today the dow down around 65 points. A apple is the biggest loser check out shares of macys jumping despite a bearish call from Goldman Sachs is the bottom finally over for this beating down stock. Our traders will discuss later this hour. Thank you very much. The december 15th tariff deadline looms just a few days from now and the u. S. And china dont seem to be all that much closer to a deal, if at all. There may be progress on the trade deal with canada and mexico we are joined with all the latest news. Hey. Turns out the most protracted negotiations are taking place in the u. S. With the white house and democratic lawmakers discussing changes to that uscma deal for more than a year. They are now very close to deal according to two senior democratic aids. It could be announced as soon as today. One aids says the democrats are still studying the white house proposal others suggest the deal has already been reached th
European banks. This morning, things are shaking some of those concerns just a little bit. The dax is up. 75 . The cac in france up. 30 . The ftse is flat. Crude oil picked up. Pushed back above 40 yesterday towards the later half of the session and that did help stock prices. This morning, wti giving back about. 25. 40. 60 is like a c minus. Every time it fulls below 40 m people think ha is going on. We did get numbers on gasoline drawdowns. That helped some of the oil prices. Maybe the demand picture not as weak as people have been concerned. Well talk oil over the next three hours. Good morning, everybody. Also on your agenda today, bank of England Holding the policy meeting. Due out in about an hours time. The bank of england is expected to cut rates and could also launch a new round of quantitative easing so we could get some action around the boe coming up. In the meantime weekly jobless claims out. They are expected to hold right around 265,000. Then at 10 00 a. M. Eastern look
70s at 7 00 and along the cost clouds are stubborn, temperatures if we are lucky get to 64 and mainly upper 50s to low sick. Leyla gulen . This is the maze and at 6 00 a. M. We have Clear Conditions through berkeley to emeryville with the tail lights purring to 580 and not too bad and it is looking worse than it is, at 15 minutes from the maze toward San Francisco beyond the metering lights it loosens up. We have a problem, a stalled vehicle westbound 80 if you are coming away from the interchange watch out for it, this is blocking the offramp. It could slow you down. In San Francisco, eastbound project is not going do wrap up as expected at 5 30. Expect delays. Fleet week is back. This is, of course, famed blue angels. Amy hollyfield is in San Francisco to break down the high flying event. Amy . Yes, the blue angels are the stars of sky. I want to show you the star of war, the uss america behind me will be open if tours on sunday and monday. This is the newest Amphibious Assault ship