There. The cac in france down by close to 1 . In italy the ftse was down by 2. 19 . The dax is off by just ov over. 60 . Also, well check out crude oil prices today. Crude oil after a big rebound you can see is down by 1. 25 . Wti for july, that is a new contract, is now trading at 47. 81. Okay. We have a big top story to talk about this morning. A potential deal, jer m bayer o a deal valued at 62 billion to buy monsanto. Lets talk to bayers ceo about th this, werner baumann, your decision came about how . Monsanto received a private offer from us. It was out in the open and we want to explain to the public and to shareholders what the content of the offer is and why it is so attractive to shareholders. Should we be taking your public stance as one where there are private negotiations are taking place, or should we take you going public to educate the public on what is going on and to put pressure on monsanto . Well, we are early days at this point in time. And we have submitted our of
Higher and how many, a lot, are lower now. At least theres some green there you take a look across the dow, pretty much everything in the red. A look across all the indexes, with that russell 2,000 thrown in as well, having another day, off more than 1 . The nasdaq, the underperformer, apple today could be playing into that, down 3 1 2 as some concerns about the new phones, the new operating system continue to swirl. Lets figure out why its all happening. By the way, the 10year note, there it is down to 251. Yes. Key levels here, got levels on the equities, also got levels on the ten year to watch carefully. You see there, Closing Bell Exchange under way, peter anderson, doug kote, heather hughes, peter costa and rick santelli. Peter costa whats the bounz the florida . Why the selloff, whats going on . Theres a list or a plethora of bad news. This is more like a bowl ya base of bad news. This is a possibility of having the Interest Rates go up earlier than expected. Up . Yeah i have be
Quietly introduced yesterday and promises to be an in home assistant to respond to the voice commands. If you have sy ri on the iphone, do you need that . Stock continues to lag. A lot may be riding on the surprise new device. What its about and what it means and brings to the table here in technology. Yes. We will. And now market where markets stand in the final hour of trade. Back and forth today, up and down on the back of the payroll report. Right now, the dow off 8. Is weaker by about 1. Nasdaq off 13. We should mention, of course, yesterday at least the dow and the s p closing at alltime highs here and just slightly below the levels for right now. Musics like game of thrones, isnt it . Parallels, im sure. Lets get to the Closing Bell Exchange for a friday. We have jeff taylor with us today. Ken mahoney, mike laguni, heather loo mismis and rick santelli. Heather, what did you make of the jobs report . Pretty strong. I think it continues a long trajectory of pretty good trends on j
Lee, new jersey, where it all went wrong for new Jersey Governor Chris Christie. We have a live report from ft. Lee where that towns mayor is not very happy that the new jersey governor is making that those of you in iowa, why do you care . This is a man who is considered the front runner for the Republican National nomination for president in 2016. Is it all blowing up on him now . Were going to talk about that coming up. Ben white will join us. I want to hear what he has to say. And a scandal in the courtroom world. Alcoa hit with fines for corrupt payments totaling more than 100 million to a middle eastern country. Alcoa ceo cKlaus Kleinfeld will be here to join us. Also a ford executive knows when ford drivers are breaking the law because they track their owners with a gps. They know where theyre going, when theyre going and how fast theyre going. Ford says it does not share that data, but wouldnt Car Insurance Companies Like to know Something Like that . And wouldnt they pay dearl
That started on the 2nd and accelerated the close on monday . How come these moves end so differently from how they begin . Dow roaring up 181 points today. S p vaulting up. And nasdaq rising, and we have to fall back on a real trading jeepious to figure this one out. Someone you wont see on the squawk boxes any time soon. We have to go to the real source leo tolstoy. Anna karenna. Each unhappy market thats unhappy in its own way, even if leos work still has relevance. Money is flowing in theyre all alike, but selloffs each time theyre pretty darn different. This one was one that the fed seemed to want to get tough on and bankers are pumping out stock and hedge funds that are put through the chipper shredder. Certainly black to tolstoy, we have to throw some russians into the mix too. Plus the declines occurred during a news vacuum. A vacuum that made people feel like things couldnt be good. Because the smattering of news we have got since last earnings season was tepid. With the only