Sprint hits a snag. Mean . Ould this 60 plus holding in that business and a fixed income. Bnp paribas says it could not avoid trading slump that drag down its results. It banks cfo tells bloomberg leads to uncertainty. We are less than half an hour away from the start of european trading. There is a lot of stock stories out there to focus on this morning. We will kind of walk our way through it as we work our way to the open and get analysis as we work our way be on the open. At the moment, that looks like it will be a fairly flat one. We saw this did yesterday in the United States. Its used to be driven by this tax talk. Thats used to be the main driver. At the moment, we are looking at a mispriced to fair value. It will give us a very, very, very small open either way. So, maybe some markets down by less than 1 of 1 . Choice on that. The Market Makers have a stock specific choice. Let us talk about the gmm and what is going on around the world and give you an idea of what the picture
Out with a shakeup at an iconic american company, the ceo of ford is out. Mark fields is replaced by a former Office Furniture executive known for his ability to turn companies around. As weve been reporting, pressure was mounting at the automaker to reverse the floundering stock price and to better compete against General Motors and tesla in developing the next generation of electric and selfdriving cars. The news sent shares of ford accelerating, rising more than 2 in trading today. Phil lebeau has more on the change and future of ford. With ford shares hanging close to a fiveyear low, bill ford and the board of directors made a dramatic shift. Mark fields, ousted less than three years after becoming ceo. We need to be quicker in our decision making. We need to have clarity in our messaging and communication. And we also need a leader who has transformed a company before. The new ceo is jim hackett, 62 years old. While his time at ford as a director and most recently running the comp
Good morning to you from me as well. Welcome back from a long weekend. Long weekend on both sides of the atlantic. Check in on the markets this morning. Hard to remember back to friday. We did have another record close on the s p 500. Futures showing a mixed picture. Dow futures are up 3. S p down a half point. Nasdaq futures are up 3 points for their sake. Nasdaq, the star performer technology. As for the tenyear treasury note yield, seeing low yields across the board. Saw that again in last weeks session. Buying of treasuries sending the tenyear down to 2. 24. The big report is the jobs report on friday. Two weeks to go until the next fed meeting. Lets see what the data shows between now and then. Surprising youre saying hard to remember what happened on friday. Youre suggesting in vegas you were not just studying the market moves of last week . When you go to vegas and a threehour difference and come back, it prolongs the weekend. You were in california, you should know that. But i
Slightly. The Chinese Markets were closed for the dragon boat festival holiday. The nikkei ended flat. Down by 4. 5 points. In europe, some of the early trading, youll see right now it looks like things are flat for the dax. In germany the cac is off, and in london stocks down by a third of a percent. Crude Oil Prices Last week were all over the map. Ended up down 50. This morning down to 49. 57. Several headlines out of europe this morning. It is the euro moving following comments by mario draghi. Draghi signaling the bank is not yet ready to unwind simplus measures decemb s simplus st s measures. Lets look at the euro, at 1. 11 right now. A greek government spokesman denies that greece will opt out of the next bailout payment. Athens was weighing the option, but the greek spokesman said there will be a solution reached when european minute centers and minute centers and i sglooifrnlgts ministers meet. British airways saying Computer Networks are operating normally today after an outa
Acknowledge your sovereignty over all events and times. Renew america in confident faith and deepen our commitment to seek peace. Help us to work sovereignty over all events and times. Together when whom we find se it difficult to trust, but with a m we must try to forge Common Future of security and prosperity. This peoples house with your that all might seek to find first areas of agreement and openness to Honest Exchange where it is not. May all that is done within the peoples house be for your honor and glory, amen. E speaker pro tempore the the chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1, the journal stands approved. The pledge of allegiance will be led by the gentleman from. Llinois, i pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The speaker pro tempore the up