Lower by 126 points, the s p lower by 14 and the nasdaq lower by 29. Yesterday, though, stocks did get a boost from last months Federal Reserve meeting. The notes are suggesting quantitative easing will likely end in october. The central bank will move slowly to raise rates after that. Today, the focus turns to the other side of the pond. Were waiting for a position decision from the bank of england. Thats going to happen around 7 00 a. M. Eastern time. Bank of england expected to leave its key rate on hold at a record low 0. 5 . As for the u. S. Economic calendar, here is what were watching. Jobless claims expected to increase by 4,000 to 319,000. Then wholesale trade is out at 10 00 a. M. Corporate news, bank of america is reportedly seeking fed approval again for a 5 cent quarterly dividend. In march, the firm revised an okay to boost its way out, but it had to withdraw the plan after discovering it miscalculated capital levels. In other news on the bank, attorney general eric holde
Send it over to you. Thanks, becky. Weve got Corporate News for you this morning. It is a very big day for apple fans. New orders to the iphones are officially on today and they are under way. The devices wont ship, of course, until september 19th. But Analysts Expect the phones to sell out during the preorder period. Apple shares in the last week, take a look and see whats going on with that stock. Right now were at 101. 11. And im wondering, joe, whether i should be preordering. Because if theyre going to sell out, i actually one one. I think wipt the 5. 5 one because it has the longer battery. I was just thinking, theres a lot of people that are going to want these. Is it going to be, like, a full on product cycle . Yeah, i think. It is . Yeah. Because i think the new size will you have that iphone or youll get rid of your iphone and just have that . Just that. I want kind of want both. Then if you want a little one, you could take it would go with your blackberry . No. I have a reg
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Business Aviation and Travel & Tourism are leaders in sustainability. Both face the same harsh critics, yet they do little to work together to strengthen their message.