Inflation had markets wondering what comes next. What comes next is the cpi at 8 30. Crude oil prices are slightly higher. Up. 80 . Now to the latest headlines in israel. The minister of energy and infrastructure saying overnight the siege of gaza will not be lifted until the hostages taken by hamas are returned home. In the meantime, u. S. Secretary of state blinken arrived in tel aviv today. He is meeting with Prime Minister benjamin netanyahu. The Palestinian Organization posted on x that blinken will meet with abbas tomorrow. That is coming up tomorrow and the expectation is any invasion of gaza will not happen while blinken is there. That is in the next sixtoeight hours. White house officials saying they arie leaving open the possibility of refreezing the 6 billion after the prisoner swap with the support of hamas attacks on saturday. U. S. Spy agencies have obtained intelligence that shows iranian leaders were surprised by the attack. A second source describing intelligence that
Facebook results beating sales, profits, user growth higher than estimated. The stock is lower in the premarket. The big story for cigna, david cordana ceo joins us whole foods des appointments for the second straight quarter. It is down double digits as earnings miss expectations the governments initial reading of Second Quarter gdp coming below consensus, 2. 3 . Stronger Consumer Spending a slowdown of imports and a hike in Government Spending driving those results. First quarter up to. 6 from a previously reported contraction. Construction not bad. It echos what yellen and the fed said moderate growth continues. I had sandy cutler on the ceo. He said, you look around we are the best in the bad neighborhood, the globe. We are the best performing company. He is including china. He this is the numbers are completely phoney saying that this kind of growth is sustainable. It is not great growth. The rest of the world is on the decline. I understand what yellen and company did. Frankly, y
Im brian sullivan. Your money steady this hour. You can see the major indexes, fractionally higher. Because theyre not moving a lot doesnt mean theres not money being made the banks, bank of america up nearly 2. 5 . Sink k synchrony, all all kellogg hitting twoyear lows. No one eating cereal anymore, but they are using microchips. Moik kr micron is rallying im in santa monica, if i had to move one place in america, as you know, it may well be here to santa monica were here for the tour that brings together some of the nations most dynamic ent from n entrepreneurs and innovators how theyre turning things upside down. Joining me over the next couple hours, from the black swan group, chris voss. A lead International Kidnapping negotiator hell teach us how to negotiate like your life depends on it and well hear from the cofounders of cavu venture. They are the folks behind such drinks as the popular water drink, vidacoco, chefs cut, theyll talk about that. And the founder of california bab
Close to 85 points. Nasdaq up by about 27. Also take a look at treasury yields. Yesterday at one point the 30year hit a record low yield again. The 10year is yielding above where it had been. 1. 458 . Lets take a look at what happened overnight in asia after those strong results here in the United States. It carried out through the night. The hang seng up by 1. 6 . In europe in the early trade markets are stronger there as well. At least most of them. The dax is up 1. 5. The ftse just went slightly negative, but take a look at italy. That stock narcotic up about 2 . Spain the ibex is up 1. 9 . Crude oil prices, you can see equities higher this morning. Yesterday wti closed at a twomonth low. This morning up. On todays economic agenda, theres one report. Expected to show inventory rose slightly, but we have plenty of fed speaks today. Cleveland fed president spoke overnight in sidney. Chef said maintains stability in the Financial Markets should not be an explicit goal for the ed. A lot
Unusual. Santana row is known for being relatively safe. Its a place where people not only shop but also live. And i spoke to one resident who tells me he heard screaming coming from this parking lot and called 911. San joses santana row known for high end boutiques and dining. Its upscale, comfortable. Its got a lot of outdoor spaces which i love. Reporter yet last night the scene of a crime many people called bold and unexpected. I thought somebody was getting stabbed. I mean thats the first thing that popped to my mind. I thought somebody was literally being attacked. Reporter joe bosanac lives in one of the santana row rental homes. I lived in san jose for 20 years and San Francisco for 10. Occasionally i see fights out here but nothing like this. Reporter around 9 00 in the evening two women targeted at their car in this parking lot near owen and halen street. A white car pulling up beside him, a man masking his face pulled out a gun on them. That seems so excessive. Feels like we