And town but not out walmarts ceo admitting his company fell behind amazon but now the pressure is on to play that catch up game. And finally peter thiel doubling down on his attacks against google why he says the search giants dealings with china should be a huge red flag for the feds its tuesday, july 16th. Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange from wherever you are in the world you may be watching. Im dominic chu in for Brian Sullivan live pictures here, a screen shot of capitol hill where today congress will be Holding Hearings on Big Technology well take you there live in a moment first heres how you and your money are setting up right now the Global Markets are setting up their day stock futures indicating the dow will open just about flat, off by 4 points. Not much movement. There the s p up by 1 point. The nasdaq up by 6 to 7 points this after the major averages capped off another day of, yes, record highs the dow hitting its fourth rec
It is tuesday, june 18th Worldwide Exchange begins right now. Welcome to the show. Welcome from wherever in the world you may be watching. Im Brian Sullivan thanks for joining us. Two major market stories developing at this hour. Futures are higher right now nothing seems to hold this market down. Dow futures up 74. All as the fed kicks off a twoday meeting today. Tomorrow we get the decision on Interest Rates Pay Attention to this. I know its wonkky. The yield on the german tenyear note our tenyear note is yielding 2. 5 . Their tenyear note is yielding negative 0. 29 with this press conference from the ecb, we saw the yield on the tenyear bund in germany continue to fall you are paying to borrow money its an incredible story there well have more on these big stories coming up. First we have to get to europe we have breaking news there on facebook the social network revealing its cryptocurrency ambitions lets get to Julia Boorstin in cannes, france with more facebook announcing a new D
Closing bell is coming up next, everybody. See you tomorrow. Hi, everybody. We enter the final stretch. Welcome to the closing bell. Im Maria Bartiromo at the new york stock exchange. Hi, bill. How you doing, maria . Im bill griffith. Did facebook overpromise and underdeliver . Now what we know what its big mystery announcement is, investors unimpressed. Stock down on record volume today. This may be the day apple closes behind 500. It will be the first time thats happened in 11 months. Herb greenberg is here on why he thinks he could get worse for apple. And the always colorful senator alan simpson is with us, no bigger advocate of getting americas debt and deficit under control, but does he think the debt ceiling is the leverage that republicans should use to get that done . Hell join us exclusively, and i know youre going to ask him about that. Absolutely. Lets check out the action on the street right here. Heres how things are shaping up with less than an hour to go. The Dow Jones
Gasparino reported. Jpmorgan is planning to spend billions of dollars to upgrade its Compliance Systems with all the new rules and regs they have. Lori show you some commodities. Crude oil closed lower and end the week just over 2 lower. Todays disappointing retail sales number and Consumer Confidence data, taking some of the heat out of the market. David apple which din do too well today and Wireless Companies began taking preorders for the new iphone 5 c today. It will sell for 99 on contract. Lori apple rival microsoft offering ipad users 200 bucks if they trade in their device for a surface tablet. No such luck or even other microsoft products. The tech giant apparently desperate trying to clear old inventory before a new surface debuts september 23rd. David the ads look pretty cool with the football games. Dozens of flights were delayed after computer glitch. They say it could persist throughout the day. We have a busy day. After the bell starts right now. David lets get right to
Blockchain Coinvestors Acquisition Corp. I and Linqto, Inc. have entered into a definitive business combination agreement.
The business combination is expected to close in the second half of.