In delivering on what we said we would do. We cant control how mr. Putin thinks, but what we can do is say to mr. Putin, if you continue on the path of arming separatists with heavy armaments that evidence suggests may have resulted in 300 innocent people on a jet dying and that violates International Law and undermines the territorial integrity and sovereignty of ukraine, then youre going to face consequences that will hurt your country. And there was a lot of skepticism about our ability to coordinate with europeans for a strong series of sanctions. And each time we have done what we said we would do, including this week when we put in place sanctions that have an impact on key sectors of the russian economy, their energy, their defense, their financial systems. It hasnt resolved the problem yet. I spoke to mr. Putin this morning, and i indicated to him, just as we will do what we say we do in terms of sanctions, well also do what we say we do in terms of wanting to resolve this issu
Morning, still below 2. 5 . As for europe, so much discussion over the weekend with what is happening in portugal. Markets responding generally positively that portugal will use some of the leftover rescue funds to try to recapitalize a new bank there and were seeing some credit spreads on the back of that as well. Half an hour away from the market open. Lets begin with the road map today. We take a look at markets with u. S. Futures looking for a comeback, International Tensions temper positive earnings news. Investors continually reinterpret the current take on its consumer. And in an interview with the economist, president obama telling ceos they should quit complaining. So before we get to all of that, lets start here with the market, according to a higher open, selloff with the worst s p since june 21st, in fact. Data showing growth in china sector but the shanghai market is at an eightmonth high overnight. So jim, are you bidding up portuguese paper here . So many things went wro
To get that, but you never know what happened in this final hour of trade. And could arthur dampen the rally . Im not talking about the arthur sitting next to me. The fourth of july could be washed out on the eastern seaboard. It is expected to become a hurricane soon. And the real damage could be done expected at the fourth of july holiday. Well talk about the winners and losers and get you an update on the storm. Also, women cannot have it all. Thats what pepsis ceo said and that candid and controversial statement has been lighting up twitter and getting a lot of action. Were going to tell you more of what she said and why she said it coming up today on the closing bell. Thank you, indra, thank you. Now, as was mentioned, the dow is positive, although were towards the lows of a choppy and narrow session. Mean wile, the s p 500 is still going to stay positive right now. It is right at that 1973 mark and the nasdaq is off by about 4 points. Theres the nasdaq down 4 points. It has been
Liner for more than three months . A japanese paper out reporting cold winter temperatures were a factor in the meltdown of the lithium ion batteries which caused at least one of the boeing 737 dream liners to make an Emergency Landing in japan. Meantime, in alternatings news out of japan, it was a big quarter for toyota has the highlander is hot. Toyota posted a better than expected 3. 4 increase in quarterly profits and the automaker raising the outlook for the year. Can we move back to the battery . The battery thing, people dont have battery hybrid cars and things like that in cold places simple will ily because of the weather. Batteries dont do well in cold. Thats the whole thing. We had a guy the guy from toyota who lives in michigan who wont have a hybrid car in michigan because its too cold for the battery to actually do its thing. I would think this the plane is going its freezing up there every day. Im not a is that good news for boeing . Does it signal simply just a battery
France and italy are positive. The dax in germany lower by a fraction of 1 . In asia, major markets are mixed at this hour among the headlines out of the region. Growth in Chinese Services sector slipping to a sixmonth low in july. The nonmanufacturing pmi showed new orders rose at the weakest rate in at least a year. Brian, the nikkei is down slightly but the rest of the major averages across asia are slightly higher. Kayla, thank you very much. Folks do think its a slow summer week. You better think again because another big round of earnings are coming your way. Among the Companies Set to post numbers this week, aig, disney, time warner, aol, fox, cbs, wendys and hundreds more. The wall street journal reporting overall revenue in s p 500 companies seat to rise 4. 3 from last years second quarter. And that, folks, marks the fastest growth since the Fourth Quarter of 2013. The article also notes other companies that have already reported their earnings. Twothirds have beat the sales t