With dom chu and the steel horse he rides. Dom . Good, bad and the ugly. I feel like watching fistful of dollars and hang them high and also looking at dog in the photo as well but lets talk about the good, the bad and the ugly right now because in todays trade weve seen a little bit of all of that stuff playing out. On the good side of things, weve got transportation stocks. Havent been doing great as of late, but they are moving higher and as of just a few minutes ago 19 out of 20 members of the dow transport index all in the green, perhaps a good sign for those of you looking for positive signs and on the bad side of things, Consumer Staples, bad on a relative basis because they are still positive on the year, they have been and some. Stocks have been making record highs, some of the Consumer Product names so Consumer Staples, bad in todays trade. The worst performing sector so far in the s p 500 and on the ugly side of things weve been talking about it for quite some time, about th
Yesterday you saw a slight decline for the dow. That was breaking after broke a threeday winning streak we saw going on for the two indices. The nasdaq looked to be down 7 points, the s p are 4 points below fair value. In corporate news, the in the in the is reporting that gm officials increasingly believe that Ceo Mary Barra will be cleared in the wrongdoing in the crisis. The automakers internal probe is expected to name individuals and departments within the Company Responsible for that delayed recall. The investigation will also recommend corporate and personnel changes. In the meantime, gm is apologizing to the families of accident victims who have received recall notices for the replacement of detect fektive ignition switches. Some families who lost relatives in fatal crashes have claimed that gm should not have sent them notices to bring in cars for repairs. Andrew . It looks like mississippi is headed for a runoff in the republican race for senate. John harwood joins us with an
Retailer is struggliing as he says he cannot promise that things will get better. And big discounter offers stock at 21 euros per share. Good morning or good evening if youre in asia. We kick off with another set of data before the ecbs meeting tomorrow. Its the final pmis for may, final services pmi 53. 2. Its a tick down from the flash of 53. 5. It is still nevertheless the highest since june 2011. And it is higher. Aprils was 52. 1. The final composite pmi has come in at 53. 5, a tick down from 53. 9 which is the flash april 54. We did see of course the french number coming down just a little bit as well. The german private sector growing for the 13th straight month in may. Well break down that but of course another key bit of data ahead of the ecbs meeting tomorrow. Theyre widely expected to take action. How much, of course, is still to be decided as they will come back, euro dollar around the 1. 36 mark we were yesterday. Before that, though, lets talk about the g8. What was suppo
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Lennar Corp. is a Miami-based company that operates as a homebuilder primarily under the Lennar brand in the United States. The U.S. real estate market has faced challenges due to the aggressive interest rate tightening program pursued by the Federal .