june. the data suggests that they will sit tight for the time being. and alcoa gets the u.s. earnings season off to a good start. posted better than expected adjusted results and also backing its global demand forecasts. warm welcome. it is tuesday, the 9th of july. plenty to come on today s show. we ll be in egypt. protesters are expected to take to the streets again today. could a timetable for elections bring some stability? expansion is back on the agenda. this is according to the latest cfo survey from deloitte. are those in top jobs all talk and no action? we ll talk at 10:30 cet. alcoa kicked off u.s. earnings season on a bullish note. but what can we expect from others? we ll get a view there. the head of the world s biggest exchange operator terry duffy, president of cme group joins us in studio. has his eye on an m&a deal. tune in to find out. thoughts or comments about any of those views, please e-mail us at worldwide@cnbc.com. first up, greece is being granted
europe doing okay. the greek tenure yield is down and the market up for the fourth straight session. dow components ibm and alcoa. ibm downgraded today by goldman. kicks off earnings season with a beat. b & n ceo resigning. . the latest on the asiana airline crash in san francisco as investigators try to piece together what happened in the cockpit. a live report from the scene. first up, shares of ibm falling in the premarket, downgraded by goldman to neutral from buy saying it sees pressure on the growth markets and revenue streams. interesting note, guys, they say the whole reason to add ibm to the buy list back in august of 2011 was some of these higher revenue streams to sort of smooth out the cycle over time. they think that s now coming in to what they re calling a challenging period. and say that the quarter will bring more volatility than investigators are accustomed to. hasn t really paid off for goldman as a bet since adding it to the buy. ibm up 16%. s&p up 39
sarcasm to start the hour. talking about egypt dagen: i m personally excited you re here and you were not here for a number of days. connell: speaking of which, nicole at the new york stock exchange to start the hour. good morning, nicole. good morning to you. we are seeing markets with up arrows again. we had two full weeks of trading with up arrows, and these two days we ve seen thus far also showing gains. we re not too far off from the closing high of 15400-and-change, the dow up to 57 points, names gaining, and the dollar is higher. ten-year treasury, 10.62%. you have a lot of names on the move today, some really names coming under pressure like soda stream, groupon, and zinga. back to you. connell: thank you. dagen: the muslim brotherhood rejected a plan to see presidential elections early next year. connell: from fox news in cairo with the latest, connor? the political crisis deepening. yesterday, 50 killed when they opened fire on the muslim brotherhood who said
objective. cutting back financial aid to the troubled nation. adam: we want to check in with nicole petallides. nicole: so far, so good. here we are sitting at 15,307. we are looking out five of the six trading days. it shows you that the run has been a good one. the tech heavy nasdaq, the tech really glad yesterday. a couple of pieces of news that we did get, talking about customers being a little more scarce than they had hoped, we saw the imf cut its global gdp forecast. they are saddling it. whether or not they may be looking at fedex. adam: thank you very much. see you in 15 minutes. the fdic is proposing a raise to the bank leverage ratio to 5%. that is higher than that 3% level required. they all have a 6% leverage ratio. these rules go into a fact in 18. lauren: let talk about small business. a couple surveys to talk about today. the semi annual bank of america business report is a little upbeat. welcome, robb. great to see you. great to be here. lauren: more than h
takes to keep your portfolio well diversified. we have all that and more tonight on nightly business report for monday, july eighth. good evening, everyone, and welcome back from the long weekend. we begin tonight with a history lesson. 81 years ago today stocks hit rock bottom, on july 8, 1932, the dow sat at 4122. not 4,000 but 4122. a nyse low. today stocks turned in their third winning session in a row. the dow closed at 15,2 # 4. share volume, 3.5 billion shares. there wasn t much news to propel stocks today. members conjured members of friday s jobs report. and the dow off its high for the session shot up 89 points, the nasdaq added 5, the s&p 500 was up 8. the russell 2000 index of smaller stocks closed at a record today of 1009. excluding special items, alcoa beat analysts estimates. the edged forecasts by a penny, it saw a slight beat on revenue two. even though sales were down a little bit compared with last year. despite a weak aluminum prices, alcoa benefited fr