Out as bridgewater flagship funds logs one of its first half performances in decades. And Rising Oil Prices boosts Energy Stocks after the uk calls irans seizure of a british tanker in the strait of hormuz an illegal act well, good morning, everybody and welcome to street signs. Were about one hour into the european trading session i just want to recap quickly some of the action we had in wall street towards the end of the week last week it was a weaker close for the three majors on the week the dow ended up about two thirds of a Percentage Points lower. S p and nasdaq little more than 1 weakish end to the week for u. S. Equities as we get into the heart of earnings season here. 28 of those released results have beaten sales and 49 have beaten on earnings according to data from goldman. Still right in the heart of earning season, about 150 S P Companies will be reporting this week worth bearing in mind that so far the market has tended to punish the misses a lot more than they rewarded
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
Points higher right now. The s p 500 looking to open little over four points higher lets show you what happened over night in asia as well maybe were pushing a little bit i was going to say, i thought it would be the opposite situation but the hang sang off little over 1 almost 1. 5 . Shanghai composite down. European equities as well right now. We see whats going on there there you have green arrows across the board finally the number that Alan Greenspan says he likes to look at, treasury yields. Show you where things stand. Thats a sad i look at all those things its a sad commentary on our life. I dont know if its sad. Sad that its the first thing i do oh, to see before coffee, before brushing my teeth, before anything. Yeah. Shaving shaving any way, developing story this morning, over the british ship that was seized by Iranian Revolutionary guards last week, iran releasing new video over the weekend shows commandos repelling on to the deck tanker from helicopters uk leaders spent t
To heat up. Well be in the low 60s at 6 00, and then at 75 degrees at 9 00. Up to 87 degrees at 1 00 today. As we check out all of our High Temperatures for this afternoon, we do see some 90s here and this is going to be we have to get used to, because theres a lot more in the forecast. Ill talk more about that and whats ahead, its coming up in a few minutes. Thank you, kari. A tragic Chain Reaction crash in San Francisco left one man dead, his wife is in the hospital in serious condition this morning. Today in the bays Sharon Katsuda joins us to explain how the accused driver obtained that tesla. Police say it triggered the accident. This happened just outside of union square. Its unclear whether the tesla was in autopilot mode. The accident occurred at the taylor and opharrell streets intersection. The driver ran a red light and going about 45 miles per hour. The tesla hit a mini cooper and the tesla driver lost control, hitting two pedestrians in the intersection. Police arrested th
Going to be most interesting is how the stocks react and what was already built in or was this just kind of a big trade into big cap growth and were not really talking about the quarterly results. Its just a placeholder type investment or are we really banking on great numbers from the likes of facebook and the others . I mean, microsoft is really interesting. Flawless quarter, stocks getting a nice bump, but its not running away whats amazing to me is just how big these companies have become if you look at the numbers and the actual earnings, i like to look at the earnings,theyre not that great earnings from the Technology Group are down this quarter. Earnings from the Technology Group are down in the Third Quarter. The semiconductor has been generally bad with a few exceptions and yet people keep buying these stocks and they keeptelling me well, theres nothing else to buy in growth. Semiconductor index, the smh, weve talked about this before, 2 from historic highs horrible commentato