Page 41 - Capital Allocation News Today

Behind Donald Trumps call with boeing, his comments on the rally and stocks and his role as negotiator in chief. Plus, softbanc ceo what is that going to mean for our economy and some important telecom companies. And twitter pulpit, fresh comments from trump and Ceo Jack Dorsey on his use of the platform and what we can expect. And a deal that will have fresh scrutiny from the next administration, the ceos of at t and time warner are facing questioning on capitol hill today. First up, donald tru...

Outside trump tower. Reporter good evening. Thats right, the president elect has another general in mind for a key cabinet post. He is telling us as well that the secretary of state sweepstakes is almost over. President elect trump asked john kelly to run the department of Homeland Security. That according to the retired general. Kelly said this afternoon he would consider it an honor. Oklahoma attorney general scott pru it, who says he is not sold on the science of global warming, is the pick t...

Outside trump tower. Reporter good evening. Thats right, the president elect has another general in mind for a key cabinet post. He is telling us as well that the secretary of state sweepstakes is almost over. President elect trump asked john kelly to run the department of Homeland Security. That according to the retired general. Kelly said this afternoon he would consider it an honor. Oklahoma attorney general scott pru it, who says he is not sold on the science of global warming, is the pick t...

Outside trump tower. Reporter good evening. Thats right, the president elect has another general in mind for a key cabinet post. He is telling us as well that the secretary of state sweepstakes is almost over. President elect trump asked john kelly to run the department of Homeland Security. That according to the retired general. Kelly said this afternoon he would consider it an honor. Oklahoma attorney general scott pru it, who says he is not sold on the science of global warming, is the pick t...

Of the morning. We will have the latest from the egyptian capital. So were less than 30 minutes now until the European Equity market opens. How do we think its shaping up . Negative. This is the impact of the fed minutes, rippling through asia and the effect in europe. Looks like we will get a negative start. There are duties in the market today, down by a tenths of 1 , on the fairx lower value calculation. Why . Let me show you. This is the work function crest go and you get a whole lot of othe...

Close of trading. Lets head to the market desk with julie hyman. How are we looking . Less little change, even than when we talked an hour ago. Very slightly to the upside but the dow is getting four point. The s p up 1. 5 and the nasdaq up 11 or. 2 . It is indeed going to be the 18th straight session. That is oil, oil prices marching. Teadily higher today of 3. 5 a couple of things are going on here. The ideanventory that we have now seen a huge slump in oil. Despite todays gain. As you might e...

The u. S. Trading day. Lets go to julie hyman, tracking the moves. In terms of s p 500, still in the range of euro modest. Fairly modest. Julie we have seen a 1 move 18 sessions for the s p 500. And we are printing this for the moment. The dow also breaking and seven session long losing streak. The tenure is a little more positive. If you look at the course of the session intraday chart, you are not seeing a lot of movement. This is intraday, as tight as the past several weeks. This is turnaroun...

And coming up, chuck robins talking earnings. Thats moments away. Our top story in s. An egyptair flight. This appeared from radar over the mediterranean. They had 66 passengers and crew onboard. Weve been watching this story and she joins thus morning. Good morning. We just heard from the minister of Civil Aviation in egypt. He said he is launching a joint investigation with french authorities trying to find out what happened to egyptair flight 804. The big question Going Forward is what exactl...

And others were looking for higher prices. For the second time in two months, opec mebdz unable to strike a deal. This meeting was also relevant because for first time in 25 years, the saudis set a new oil minister and we heard from him for the first time coming out of the meeting. Of course, he talked it up. Listen. We are extremely happy. I think the market is in good shape. The market is balancing. Trends are all good in terms of supply and demand. Prices have recovered somewhat. I believe th...

The cac in france up by better than 1 . Ftse higher as well, 0. 7 . Crude oil prices raiding near sevenmonth highs. Check this out up another 1 to 49. 07. Getting back to 50 a barrel. The gains that came yesterday, showed that u. S. Crude stocks dropped by 5. 1 million barrels. Double than what was expected. Well get the eia figures later today. Lets get you to other big stories. St. Louis fed president jim bullard saying june rate hike isnt set in stone. Arguing that labor data suggests its tim...