gone red as we ve gotten more guidance on net interest income on the conference calls. yeah. absolutely the banks are in focus as this first day of earning season in earnest really kicks off one of the names i m actually focused on that reported this morning is fastenal, distributors, that s what they make and they provide those distributors to quite a variety of industrial excuse me industries and end markets, early indicator of the state of the industrial economy, you re seeing those shares pop today in part because at a time where so many companies are cutting their dividends they actually raised their dividend and they noted that they re seeing product produced significant shifts in business mix and that march sales of the fastener products declined 10% on a daily basis as industrial activity slowed but their safety business grew 31% as they were sourcing and delivering critical ppe supplies to the marketplace why do i bring this up this is essentially what we re se
of course therefore, price goes down. dollar index, you see it there as well. a bit stronger this morning. how are things in europe you ask in i will tell you. strong. the dax 2.5% gain. cac up almost 2% and the uk having a positive day if you are on the market. it starts with greece this morning. the prime minister sends a letter agreeing to a bailout on slightly different terms. is this all too little too late? plus the first day of the second half. adp data better than expected ahead of a jobs report tomorrow. the dow wraps up the month of june down just over 2% and ensuring a deal. ace buys chubb keeping the chubb name but, of course it is the ultimate inversion, as i like to say, selling out to a company that is based in zurich. both stocks are up sharply. the accretion numbers very strong. jim and i will have a lot more on that. futures up sharply on hopes for a greek debt deal. the prime minister says athens could accept the bailout offer if things were changed. this a
1.75%. and in europe in the early trading there, very similar trends. dax down by 1.5%. the cac off by 1.75%. and the ftse 100 down by 1.25%. wti is up by 30 cents. of course, we did see give back at the end of last week with wti pushing back near $44.78. a couple big stories we are watching today on the economic calendar, we are looking for august new home sales out at 10:00 a.m. eastern time. the fed officials are speaking today. the minneapolis fed press neel kashkari and dallas fed press rob kaplan. and we ll hear from carnival cruise lines and vail resorts. and then the big geopolitical plan from the boj. they are ready to use every tool to hit the inflation target. there s no limit to monetary policy and that in designing policy the boj will relentlessly pursue innovation. i m not sure what all that means, but nevertheless, we ll talk about deutsche bank today. the shares of deutsche bank tumble to a record low according to a report in the german magazine focusing t
expected to blame north korea and make some of that evidence public. george clooney tried to get the head of other major studios to sign a petition in support of sony. all refused, clooney said because they were afraid of the hackers. another tragedy from australia. eight children have been murdered. australia s prime minister calls it heartbreaking. a panel of experts says the secret service needs new leadership. an independent review says they just need better training. stephen colbert signing off from the colbert report. i guess i ll be gone forever. we ll always be there for the american people. yeah, but aren t you canadian? arson is to blame for the massive fire in l.a. last week. investigators would like your help identifying two men seen near the fire. boston marathon bombing suspect dzhokhar tsarnaev. was in federal court for the first time since almost a year and a half ago. all that jacksonville is going to take it. marks gets the sack
the u.s. government is expected to blame north korea and blame them. george clooney tried to get other companies to sign a petition in support of sony. another strategy from australia. eight children have been murdered. australia s prime minister calls it heartbreaking. a panel of experts says the secret service needs new leadership. stephen colbert signing off from the colbert report. i guess i ll be gone forever. we ll always be there for the american people. yeah, but aren t you canadian? boston marathon bombing suspect dzhokhar tsarnaev. two men were seen near the fire. all that jacksonville is going to take it. mark gets the sack worth $600,000. show me the money. and all that matters president obama leaves the door open for cuban president raul castro. it s christmastime. there s a real hole in the theater schedule. do you think to yourself more cheese for me or what do you think? i ll say this. my movie is very korean-friendl