The dollar index just below 97. Crude oil rallying 2 today on stocks going higher. 87. Arrel of wti 37. Lets get more on the markets. Scarlet fu is with us. Scarlet jay powell testifying before congress for two days of discussion, stuck with his message that the economys path is uncertain. We have seen indexes come off of line isghs but the positive. You look at the industry groups, 20 groups are higher. Within the dow, 29 out of the 30 names are up. In terms of leaders, caterpillar, boeing. The white house is preparing a 1 trillion infrastructure proposal. Up 4 frastructure etf right now reflecting higher demand. Retail is up after a record gain in sales. A lot of retail names are heavily shorted, so you could be seeing a short squeeze as investors rushed to cover their bets. All of it comes back to fundamentals, like earnings. Morgan stanley talked about the disconnect between the optimism out there and the bottom line. Andgap between the s p 500 as aftertax profits has soared to rec
Stuck in a slump. The winning streak comes to an end. More pain from protests in hong kong. Retail sales and Hotel Occupancy tumbled more than 40 . Check lets get a quick of the markets. We are seeing u. S. Futures gaining a quarter percent but this of course after we see all saw the s p 500 fall the most in a month. Every session was in the red. Week manufacturing number this morning. Industrials let the declines, not to mention we had banks under pressure as was our rates move lower towards the 1. 6 for the 10 year yield. Volatility was also pronounced. We saw the vix headed towards the 20 level. It is known for price swings. It could be one of the most volatile months of the year. Lets see how things are shaping up for asia. Selina asian stocks look to be pressured by the weak manufacturing data after the u. S. Reported which of course follows very weak did any Manufacturing Sector we have seen across europe as well as in china, japan and south korea. Take a look at the futures. Loo
Domestic economy has not done so well and consumption is down on the quarter and investment spending is treading water. In that respect it would be premature to say the japanese economy is Out Of The Woods but it is a positive surprise. This is a tricky it is a positive surprise. This is a tricky balance it is a positive surprise. This is a tricky balance for it is a positive surprise. This is a tricky balance forjapan because they have been trying to boost inflation unlike some other g7 economies yet they are having a problem, people arent feeling confident in purchasing and buying things there. How do they balance this . They balance this . Indeed, thats the they balance this . Indeed, thats the milliondollar i thats the Million Dollar question right now. Weve had a pretty good result for these spring Wage Negotiations this year and wage growth is picking up year and wage growth is picking up injapan so in that respect things are changing. But the wage gains we are seeing now are not
A historian who studies american politics. Business and capitalism. He is absent to discuss his new book, the land of enterprise. A Business History of the United States. Please welcome benjamin waterhouse. [applause] thank you very much. A pleasure to be here at the regulator this evening. I am going to read a little bit from this book, the land of enterprise. To start, i would start by saying that the purpose behind this book is to explore the connection between American History and American Business. Americans like to think that the country has been inherently entrepreneurial throughout its history and its nations path to greatness and provo power was laid by exceptionally capitalist value system that we held the mighty railroads and the marbles that define the ages from steam engines to automobiles and telephones. We tell the story focus on disembodied questions of ideology or cultural identity or politics. Too often we relegate business through the margins of the tail as other mer
Himself not necessarily whether anyone saw it. If watson is found guilty, the state will go to the jury again and argue because watson is a registered sex offender, his misdemeanor charges should be tougher. Live, kathy bellage, channel 9 Eyewitness News. Breaking news in Orange County where a semihas tipped over into a store. Sky witness 9 you see is live over the scene. This is on bum bee avenue near downtown orlando. Its causing a major traffic backup in the area as well. Now, it looks like the trailer came off the truck it self. No one as weve been told so far have been hurt. Were working to get more information. Well bring updates as soon as they became available. Dont cry over spilled milk. Well let you know. Temperatures dropped 25 the chill came with wind though. Big time winds blew meteorologist tom terry is tracking that. We cant make ice cream. Heres whats going on. Its cooler. Right now, were 60 degrees in orlando. 57 in dalton. 54 at palm coast and you see youre 27 degrees