Firmly above 1. 7 . Andrew thank you. We have a crazy big show for you this morning lets just tell you about the lineup among the highlights, we have author ben measurer. Former of ceo of airlines. First Television Interview with the ceo wework in the midst of all of this big questions. Ceo of General Mills and then someone who never holds his tong, venture capitalist and investor coming up in the next three hours. We are going to do it. History in the making today. Central bank will begin buying etfs their Corporate Bond etfs but the First Time Ever. The idea is to be able to direct the money into the credit markets faster than by buying bonds. Reporting that the purchase about 250 billion of the feds 750 billion program inching closer and closer to stock etfs. Probably not a health of a buy on this buy owe tech etf we cant make that leap, right guys when you read this, werent you like, etfs it is not that favre a jump once i read it, instead of this bond, that bond, lets do it i unde
Best performing s p 500 stock the past decade. Lets get nasty now can you name the worst were naming names on the dog of the decade all right all that ahead with you we begin with the major headwinds from American Airlines shares of aal tumbling today after Wolf Research said the Company Likely wouldnt meet guidance for the next carrier merp sits amid major tushlens. The fleet of max planes are grounded underperforming rivals like delta. And far underperforming the stock etf ticker jets look at the chart. American is the white line, the wrong direction. Does in stock, American Airlines, gina, deserve a ticket out of our into our portfolio. I think its rough for American Airlines. If you look at the forward aggressive Forward Guidance is wasnt that aggressive they are looking at 4. 5 growth. American airlines the last zaekd are decade has grown zero jets has been pushed by Alaska Airlines and southwest those have been the only profitable airlines. Superprofitable airlines this past deca
Declines. And the fed has two new nominees including judy shelton who has called on the federal bank to cut rates as soon as possible just to bring you some final composite pmi numbers for june across the eurozone, theyre in at 52. 2 against a flash number of 52. 1. Slightly higher than the may number, 51. 8 that flash pointed to a strong expansion in the private sector of the previous six months weve seen that upward trend as services hit a high. Back in may, they were 52. 9 and 53. 4 in the flash for june they have come in slightly higher than the flash. The june final services new export businesses pmi at 59. 4, higher than the flash of 48. 9, not significantly better than the may final. Nearly back up to another 50 mark the the euro dollar is slightly weaker on that news we can see if you look at the european markets generally, you see a relatively positive day. Trading more then a half percent higher now if you look at the individual markets, you can see where that is coming from
Have ever seen tweet us your thoughts welcome to power lunch. Im melissa lee. Wall street carving out some nice gains the dow and wall street pushing to highs s p, zi oons and jpmorgan author industry, the recreational vehicle ceo speaks with jim cramer tonight on mad money. Check out unilever it is going higher no final decision has been made yet. Emerson electric up more than 2. 5 the company withdrawing its 225 per share offer to buy Rockwell Automation rockwell, also higher. Thank you very much welcome. Im Tyler Mathisen here is what else is happening at this hour i get the what else . Otherwise known as the thanksgiving leftovers home prices gaining momentum, rising more than 6 year over year that is the fastest annual rate since 2014 seattle reporting the biggest jump home prices there soaring 13 from a year ago. Potential new problems from wells fargo. Foreign exchange bankers at the company were overcharging clients and albertsons striking a deal with instacart. Michelle we beg
And good morning, welcome to Worldwide Exchange here on cnbc im domenic chu. And im Contessa Brewer sara and wilfred are off this morning. Great way to get started when youre seeing positive signs in the markets. Lets get straight to the markets as contessa mentioned were seeing green across the board on the futures side. With the dow trading the way they are, were looking at possibly a 300 point open for the dow on the upside at least if things stay the way they are right now. S p up by 32 points nasdaq indicating an open around 75, 76 points as well a lot has been driven off Interest Rates those worries with whats happening with u. S. Government bonds. So, lets take a look at those yields for right now, were seeing a move higher slightly in the tenyear treasury note yield. 2. 88 . Almost 2. 9 , the last trade there. That reassumption, contessa, on the upside for this mornings trade. Well see if that has any kind of effect on whether or not people have that risk tolerance if it stops.