Flagship fund suffering one of its worst first half performances in two decades. Disney breaking office in the a box office, this time its the lion king hauling in the biggest opening for a july movie ever. Its monday, july 22nd youre watching Worldwide Exchange, and it begins right now. Good morning and welcome to shWorldwide Exchange im domic chu in for Brian Sullivan today. Stock Index Futures inindicating the dow will open up by 54 points the s p would be up by 6 points and the nasdaq up by 20. The major averages all coming off their worst week since may on the treasury yield side of things, were seeing a slight tick lower in tenyear note yields the twoyear 1. 82 lets go worldwide in the asian trade. Japan, this morning, you can see here down by about one quarter of 1 this as shinzo abe the Prime Minister declared victory in the countrys National Elections just yesterday its a win that could ensure his place in history as japans longest serving Prime Minister also in china, were se
Move are good . Espn, a look at that and thats a big negative. All right, now look at this. Look at this thats a hover board. You want to see more of this the full story and you will see more of it. Youll see all of it. Varney company is about to begin. This is Varney Company right from the get go were covering the money thats in your pockets. The price of oil still cheap, 46. 22 this morning, but here is the real money story. Look at that sound effects. And gas is down a penny, were down a penny a day consistently. National average, 2. 63. The price is down and thats what we like to see. South carolina the cheapest gasoline states 2. 25 is the average 2. 25 in average in some states for regular. Despite disneys drop despite apples drag the futures, thats an indicator of how the dow is going to open looking pretty good. Up 88 points at 17,500 despite the drag from apple and from disney. Now, we had a fed governor say they are on track for rate increase next month. Then we got a negativ
U uncertainty of a number of saudi princes and ministers were arrested over the weekend on corruption charges and of course as you probably have heard by now, that includes prince al waleed bin talal well look at what this means for u. S. Companies looking to do business in saudi arabia we havent even gotten to the Qualcomm Broadcom story but theres other things to get to now. We have the breaking news now that disney has held talks to buy most of 21st century fox. David faber back again anything new on this is. We can advance the story a little bit and refresh it for people, guys 21st century fox, as bill just said, has been holding talks to sell most of the company to walt disney leaving behind a Media Company that would be tightly focused on news and sports according to people familiar with the situation these talks have taken place over the last few weeks and given their complexity, it continues to be seen as a tough deal to get done by those whove been working on it the two sides
Have been looking for. Donald trump jr. Did confirm he met with a Kremlin Russian lawyer in the days just after after his father clinched the nomination for president. He was promised damaging information about Hillary Clinton but he wasnt the only one in the room. Also in attendance, Paul Manafort and trumps soninlaw jared kushner. A Statement Read in part i was asked to have a meeting by an acquaintance with an individual who i was told might have information helpful to the campaign. I was not told her name prior to the meeting. The meeting lasted approximately 20 to 30 minutes. That was the end of it and there was no further contact or followup of any kind. My father knew nothing of the meeting or these events. Trump junior also said the lawyers statements were quote, vague, am biggous and mad no sense, adding that it quickly became clear that she had no meaningful information. Before changing subjects to discuss the adoption of russian children. A statement from President Trumps pe
Have been looking for. Donald trump jr. Did confirm he met with a Kremlin Russian lawyer in the days just before his father clinched the election for president. He was promised damaging information about Hillary Clinton but he wasnt the only one in the room. Also in attendance, paul man fort and jared kushner. A Statement Read in part i was asked to have a meeting by an acquaintance with an individual who i was told might have information helpful to the campaign. I was not told her name prior to the meeting. That was the end of it and there was no further contact or followup of any kind. My father knew nothing of the meeting or these events. Trump jr. Also said the lawyers statements were quote, vague ambiguous and made so sense adding that it quickly became clear that she had no meaningful information. Before changing subjects to discuss the adoption of russian children. A statement from president trumps personal lawyer reitlated the president was not aware of the meeting. It was a ve