Hear what the Federal Reserve says about Interest Rates after wrapping up its today policy meeting. Its twoday policy meeting. A survey by bloomberg put the odds of a september increase at about 50 . In china, a late rally in stocks. The composite the shanghai composite index rose 3. 4 halting a fallen a fallen one at 11 . The government reports Oil Inventory figures a few hours from now. The congressional review of the Iran Nuclear Deal is entering a new phase today. Managers will hear from defense secretary ash carter and joint chief martin dempsey. House panel quiz secretary of state john kerry yesterday. The more jack dorsey kept talking, the more twitter stocks fell. Down as much as 14 premarket the stock went up yesterday when twitter posted secondquarter revenue that beat estimates. Jack dorsey have not yet had meaningful impact on growing our audience or participation. This is unacceptable and we are not happy about it. Over the past few weeks i have had a deeper understanding
Devaluing chinas currency should make it easier for exporters to sell overseas. Last month, exports fell 8 . China is in the midst of its biggest economic slowdown since 1990. Google wants to become the Berkshire Hathaway of the tech world. Goal is reorganizing into a Holding Company called alphabet. The companys search and advertising units will be separated from new businesses such as self driving cars and health technologies. Each alphabet subsidiary would have its own ceo. That is a structure similar to Warren Buffetts Berkshire Hathaway. Larry page will be the ceo of alphabet. Negotiators have agreed on a deal for another greek bailout. Says only avernment few details need to be worked up or the agreement will give the greek 94 in loans. That moneys some of in the next week it has a payment due on august 20. It is being called a new front in cybercrime. Louvered news reporting that u. S. Authorities have broken up and Insider Trading ring that relied in computer hackers. Nine peop
Waiting for apple, the fed. Stocks are bouncing around in a very tight range. They opened higher, then they went lower. Now they are trading. S p is the leader. Earnings still remain in focus. Individual stocks moving on that rather than the entire market. Apple could change that. Eae a look for the latest on on the s p 500. The s p is orange for this current quarter. Im comparing it to energy and financials. We have already seen some of the countries in these Industries Report but not the majority. You can see the drop in energy and Financial Sales and earnings. We knew that going in. Some of the are worst performers in terms of the yearoveryear change in earnings. Overall we are still seeing the average beat rate around 80 . Thats pretty much the same quarter after quarter. Systems theer truck rental Company Coming out with earnings beating estimates. An hmo Company Coming out with earnings that Beat Estimates. When got sales here missing estimates in particular. Is in the samede sit
Count down in new york straight ahead. Deadline for your tacks. Tax day deals that will help you pay off in paying uncle sam. No deal after key producers did not reach an agreement on freezing Oil Production. Powerful earthquakes strike ecuador and japan overnight. State of emergency declared in ecuador after hundreds are killed and then in japan sony, toyota and honda suspending production citing damage to their plant. Drone hitting a plane, we will have the details coming up. Moorkts this morning watching the oil selloff this morning is being felt around the world in asia overnight declines across the board. Japan facing the fallout of last weeks earthquake. In europe stocks are aging lower in early trading right now. Take a look. We are talking about fractional gain fractional losses, rather across the board. Futures are indicating a broader opening for the averages. We are now off of the worst levels of the morning but expecting a decline in 35 points in Dow Jones Industrial averag
Right now we are at session highs. We have been sticking to those for most of the day, especially after some data that came out this morning, including betterthanexpected u. S. Consumer sentiment and the drawdown in u. S. Oil inventory, a surprise drawdown, really. Lets look for the board is right now. Lets go ahead and take a look at the daily intraday chart right now, if we can do that. This is the oneyear right now. The dow is up more than 100 points for the sixth time in eight sessions. At the same time, the s p is well on its way to the second threethey rally. Take a look at the s p yeartodate, hopefully we have that we are now in the green for the year. There we are, about 0. 25 of. If we can hold onto that, we will be on for four years of gains for the s p. This is just happening today. Some really interesting developments today. So much of the days market events have happened because of oil. Nymex crude is up three days in a row, and it is still climbing, up 4. 25 . This is off