David if they could get the pay equal to the americans we would have all would be all set. Finals on sunday, right . Scarlet yes, it should be a great match. Cant wait. David neither can i. Scarlet looks like were going to have a higher day on wall street, building on gains after the s p set two record highs the last two days. A lot of data coming up over the next hour and a half. Weve got factory orders, durable goods, i. S. M. Services and euros, slightly firmer against the dollar. P. M. I. Improved in june. But all the growth is really in service, not in manufacturing and the demand for havens continues. You can see the green color showing buying and treasuries, bringing the yield down. 1. 95 . And with that demand for havens, extending. G gold euros sixyear highs. David its time for the morning brief. This was coming up today. Were going to get u. S. Trade balance data for may may. Around 9 15 this morning, ford will be releasing its latest sales for america. And we get june Market
A couple of sectors are higher, including financials and energy. The 10 year yield has bounced back a little bit. It is obviously down two basis points now, but still at 2. 05. Topped 1400 overnight. It is back just below that important psychological level. , upe oil rallying up again 10 for the month of june for wti. Guy european stocks are lower today come but volume is sharply higher. ,s you say, quadruple witching but that doesnt have as much of an effect when it comes to index levels. Ratetrading at a higher than the dollar. We got the Energy Complex up. We certainly got a reaction to what is happening in iran. We also got a big reaction to the philadelphia refinery fire. Take a look at gasoline prices, trending up around 3. 5 . Vonnie we have a little bit of breaking news now. Someone else from the Federal Reserve weighing in, saying he was looking for a 50 basis point rate cut at the fomc meeting. Saying top of jim buller he thought a decrease was the way to go. Federal reserve
Always undervalued power lunch begins right now. Welcome to power lunch. Im melissa lee. Ibm is certainly the big drag on the dow shaving off about 25 to 30 points. Check out wall street. The fear index, not much fear there. The vix around tenyear lows. It was below ten earlier in the session. Still, a bunch of movers out there. Herbalife of note up 10 right now. Now to michelle. Im Michelle Carusocabrera live in paris, france, because the big president ial election is on sunday. The polls suggest there is no existential threat to the euro, that Marine Le Pen has no chance. But both she and her opponent emmanu Emmanuel Macron say not so fast. Oh, boy, it looks lovely there, michelle. Well be back with you shortly. Welcome, everybody. Im Tyler Mathisen. We begin today with ibm. Shares of big blue getting black and blue today. Bruised on the news Warren Buffett has sold off a third of his stake in the company and what makes the story even more intriguing is how his affection for jeff be
Pressure we saw on the dow all morning has leavitted. The industrial average is up 25 points, although the nasdaq struggling to stay positive. Early selling gave way to some buying in the afternoon, once again. Yeah. An upanddown day and a big week for economic news. We have the jobs report on friday. Before that, on wednesday, we get fed day. Amid word of growing descent among hawkish members of Janet Yellens gang. Well talk about that with jim grant in a little bit. Plus, the tax inversion debate continues, the talk from washington to wall street. The president has upped the ante in his campaign to stop u. S. Companies from moving out of the country to save on taxes. This has a former treasury official now saying that the president , if he wanted to, could tie the hands of these companies with a single stroke of the pen. Is that true . And if it were, wouldnt president obama actually be doing that . Were going to get to both sides of that very interesting twist in the story, coming u
GOSHEN — A homeless man now sitting in Elkhart County Jail is awaiting extradition to Newport, New Hampshire to face charges related to child abuse sexual images.