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India. Jeff bezos met with Prime Minister modi last night. Well hear from him when he addresses Congress Later this morning. Clinton wins enough delegates to become the Presumptive Democratic nominee. Is the battle between her and mr. Trump gains momentum. The market seems to be shrugging off this political uncertainty. Shares of lululemon bouncing around in the premarket after raising forecast for the year but offered a softer outlook on the current period. Well talk about whats ahead for that company. Stocks are looking to maintain their upward momentum a day after the s p posted highest close since july of last year. Oil rising to some eightmonth highs. Brent hits 52. All of that happening as david said within the politics mix. Hillary clinton declaring victory in the race to become the democratic president ia ....
Restructuring and lowering guidance. Shares of valeant are down sharply this after an earnings miss and sharply lower guidance. Well give you the latest on the stress theyre feeling over at valeant. And the viacom saga continues. A hearing is taking place right now in massachusetts. Weve got the details. But first up, futures rising a day after comments from janet yellen propelled the s p to its highest level of the year. The fed chair expressing optimism about the economy and said she sees rate hikes ahead but gave no timetable for a tightening. If incoming data are consistent with labor Market Conditions strengthening and inflation making progress toward our 2 objective, as i expect, further gradual increases in the federal funds rate are likely to be appropriate and most conducive to meeting and maintaining those objectives. She did call the jobs number concerning, disappointing, raising questions. Feds going to wrestle with ....
You were out yesterday whether it was sorros, icahn, these german 10year threatening the zero bound. Yeah, i did a piece on mad money when the rich people who are big Money Managers have this kind of natural disposition to being negative, we cant necessarily take cue from them. I take my cue from oil. There is no doubt about it oils under pressure today. I dont take my cue from europe anymore because i believe that if the dollar is weak, right now you cant have a weak dollar because theyre buying so many of our bonds. But i keep waiting, thats the only thing thats popping up, the dollar. I do believe the yields are a little insane in europe. This is draghi doing it and hes having some success, and that is weakening the euro. Thats his plan. But i am again not i am more constructive than most because i just think when you look at the overall profile of the earnings weve been getting of late, and there havent been that many, theyre ....
Stop. How is spain doing your ask, italy doing . We dont have it today. Oh, my gosh. My kids are there, the italian gdp is going to come out. Come on, guys. We were lower in europe. Back to the big three. The joke has been the last few days weve included spain and italy, not that they are inside joke. Thank you. When the show starts. Yeah. Im sorry. Were in the show. Okay. 10year note yield hanging around 1. 5, where its been. Were a bit below that today and wti had been up there was a rally when for some reason people believed the saudis or their jawboning. To our road map this morning and it does start with the markets. The dow, s p, nasdaq closing at record highs yesterday. Where do we go from here in big Retail Stocks on the move this morning after some earnings. We also got overall retail sales. We will break down the busy week for the sector and go live to rio, of course. You saw carl, the u. S. Racking up a lot of medals. Ca ....