We are going be talking about it literally almost every 15 minutes over the next thee hours. Keep your eyes on attention on inflation. And the june Consumer Price index, economists say headline cpi likely rose 0. 3 . Also worth watching, existing home sales for june coming out at 10 00 a. M. Eastern time and sales expected to rise by 2. 2 there. A dip from jumps that we had seen the previous month. Joseph kernen, i see you staring at a screen. What do you see . Dupont. Its a couple of cents shy. 11. 17 was the estimate. Its posting 1. 15, but the revenue number is above, which will be interesting if they miss on no, its operating earnings of 1. 17. So right in line. Operating earnings, 1. 17. So in line with expectations. And the revenue number is slightly above. We were looking for 9. 7852. And i think we got above that. Maybe that is that Second Quarter sales . 9. 71. So maybe its in line with expectations. The dividend has been no, revenue is 10. 11. So sales, they obviously have so
Beast. It is not the ultimate direction of the Interest Rates. Its the speed with which they are going eventually to be taken up. We have good news on both fronts today which is why the dow gained 288 points, the s p surged and the nasdaq rocking 2. 12 . What a day for goldilocks. That mythical figure when everything is just going right for the bulls and wrong for the bears. First, les rr deal with the Federal Reserve. We know our economy is Getting Better and better. We can see that from employment numbers and retail sales. Today the fed announced to be patient about raising rates, no hurry at all. That slow deliberate step by step, inch by inch slowly rates may go up one day sent an already upbeat market soaring. Once again, people, especially boisterous fed watchers were totally shocked that the fed decided russia, emerging markets, brazil, all of the scary boogie men could crush this market if we mentioned how concerned and scared we are. Instead they used neutral language but unce
National security, because their hard work helps to keep us safe. The president speaking to the nations governors. 30,000 employees would be furloughed, putting their paychecks on hold. And 80 of those employees will have to show up for work paycheck or not, because services are deemed essential. St. Louisbased stifel buys stern agee for 150 million in cash and stock. The deal combines two of the largest brokerages. Stifels ceo says the addition will help the wealth, income and fixed management divisions. Motorola mobility is working on phones and tablets for googles upcoming wireless service. It will allow google to compete directly with major carriers. Google owned Motorola Mobility until early last year. Google wallet will come preinstalled on new android phones. Shares of the online textbook rental company up the big in afterhours trading for chegg. Digital revenue includes advertising and learning services up 71 , making up a third of revenues. And more importantly, chegg can exit
Says it arrested four people. The Obama Administration has officially told a texas judge it will appeal his ruling temporarily brought blocking the president S Immigration action. The decision block the administrations plans to process applications that led us many as 5 million immigrations stay in the u. S. Also taking aim at brokers. The administration is pushing a proposal to require advisers to abide by a standard and will make it harder for brokers to push extensive expensive products like higher neutral bonds. It is really unfortunate the white house would engage in this type of political discussion when in fact, theyre really taking the side of the 58 million households and the registered representatives all across the United States to get the education that they need to save for retirement. The white house says the goal is to and backdoor payments to help rochers. The pharmaceutical industry guide is buying pharmaceuticals for 10. 1 billion, the biggest acquisition yet. Taking
Your economy and it will have a direct impact on Americas National security because their hard work helps to keep us safe. The president speaking to the nations governors. 30,000 employees would be furloughed, putting their paychecks on hold. And 80 of those employees will have to show up for work paycheck or not, because services are deemed essential. Birmingham alabama faces stern ag for 100 and 50 million in cash and stock. Stifels ceo says the addition will help the wealth and, and fixed management divisions. And google working on phones and tablets for googles upcoming wireless service. It will allow them to compete directly with major carriers. Google owned Motorola Mobility until early last year. They also bought the Google Wallet service. Google wallet will come preinstalled on new android phones. Shares of the Online Rental company up the big in afterhours trading for chegg. Digital revenue includes advertising and learning services up 71 , making up a third of revenues. And m