Page 3 - Consumer Digital News Today

Good morning warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im court couney reagan in f sara pleasure to have you with us. We did see declines yesterday of about a half percent across all three of the major averages. Today we are bouncing back a bit. The dow up by 20 points or so. Worth noting that all 11 sectors of the s p were lower yesterday. A broad selloff. Telcos taking the brunt, down more than 2 tenyear treasury note above 2. 4 this week if we have a look at it this mornin...

In beijing europe is weak and claims a little higher than expected. The twoyear is at a nineyear high our road map begins with retail movers macys and kohls moving in different direction. Plus, more media m a intrigue the future of at t and time warners deal is in question as the department of justice asks for changes and the two sides may end up in court. And futures are slipping. Markets are awaiting more on tax reform today, as we digest a number of earnings movers. So lets kick it off with j...

Plus the dow and s p were set to rebound from what was the worst session since mid may. Despite an improving ipo pipeline blue apron ahead of the nysc debut tomorrow. Senate republicans hoping to get a vote on the Health Care Bill after the july 4th recess that fols the decision to postpone a vote amid gop senators passage of a trump care bill seems unlikely due to political obstacles. Goldman says quote estimates of the potential increase in the uninsured population seem unlikely to improve eve...

To get our attention. Joe, its up 43 in a year. Its been running almost every day since the election. So its not necessarily the best place for your money but it is one of the places for your money and it should be there. Well talked a couple of weeks ago heading into earnings about the importance for Financial Institutions to contribute once again. Understand the russell index, not the etf, iwm, russell index has signature cant ificant exp. Mid 20s. You are seeing the appreciation of financials...

Lloyd blankfein saying that he could be great for that role. That is what you need to know. 1 trillion wiped out of bonds. That has only happened once in the last two decades. Joining us is andrew balls. He oversees more than 46 billion in assets. He joins us from london. Great to have you here. And unbelievable week and the bond market. Is the search for the yields over . Andrew unbelievable in many ways. You have seen a pricing of inflation in the u. S. , fiscal policy to be increased in the u...

India. Jeff bezos met with Prime Minister modi last night. Well hear from him when he addresses Congress Later this morning. Clinton wins enough delegates to become the Presumptive Democratic nominee. Is the battle between her and mr. Trump gains momentum. The market seems to be shrugging off this political uncertainty. Shares of lululemon bouncing around in the premarket after raising forecast for the year but offered a softer outlook on the current period. Well talk about whats ahead for that ...

We have been conditioned to believe that good news is bad news because it might make the fed raise rates. Now though when the fed has finally declared its going to raise rates we regard this strong jobs number as a sign that things are good enough for the fed to tighten so bring it on. Dow roaring 370 points. Just higher all day. S p rocketing 2. 5 . Nasdaq 208 . Is it correct . Theres a lot of weakness in the u. S. Manufacturing economy but thats now less than 10 so maybe it doesnt matter that ...

Maybe it doesnt matter that much. Its almost as if were in some sort of weird post Industrial Society where we have accepted the fact that our country has already lost enough industrial jobs that any pain in that sector from a rate hike will be minuscule in its impact in the overall economy. Thats amazing. I mean, look, if this were 20 years ago i would tell you that we would go into recessions. Its a sad statement that theres not much industrial in this company but thats the way it is. Were now...

Have less to fear if theheed raises because the fed will probably not hurt the economy when it does what its going to do in less than two wes. With that in mind we should be back to picking stocks in the expectation that theyll go o higher if the numbers are good and lower if the numbers are bad. Who knows . Maybe we could even leave crazy town soon afterwards. It is too nutty even for me. Terry in pennsylvania, terry. Cal`er jim, a great big booyah from scranton pennsylvania. Man, thats where m...

Maybe it doesnt matter that much. Its almost as if were in some sort of weird post Industrial Society where we have accepted the fact that our country has already lost enough industrial jobs that any pain in that sector from a rate hike will be minuscule in its impact in the overall economy. Thats amazing. I mean, look, if this were 20 years ago i would tell you that we would go into recessions. Its a sad statement that theres not much industrial in this company but thats the way it is. Were now...