What we had seen with the weakness last month. Overnight in asia, the nikkei actually was down almost 1 . The shanghai was up by a half percent. In europe you will see the dax is flat. So is the ftse cac is up. There are green arrows across the complex of stocks. The treasury markets this morning will be closely watched. The tenyear at this point is yielding above 2 . We want to start with some developing news. The New York Times reporting that President Trump approved military strikes on targets in iran that would be in retaliation for shooting down a surveillance drone but the mission was called off at the last minute eamon javers joins us in washington, d. C. With the latest good morning. The New York Times and the Washington Post are reporting that the president authorized these air strikes last night but backed off at some point subsequent to having authorized it the New York Times is reporting that the mission was under way. There were planes in the air, but missiles had not been
Again today, and even though the plot is familiar, the drama is always captivating. Hours ahead of a midnight deadline, sen minuterity leader Chuck Schumer met with the president a white house. The senator said progress was made, but disagreements remain. Well, the drama in d. C. May hav it was naptivating. Investors yawned and put on a drauzy smile today the dow jones lost 53 points to 26 ab 571. Nasdaq gained 40. And the s p 500 added 12. If a possible Government Shutdown wasnt top of mind for investors, what the heck is . Reporter stock rose fractional today. The markets hav already had a banner start to the year but many are concern had the prospects of a Government Shutdown could derail the rally. Well, maybe, but based on history, its highly unlikely. In last few decades, stocks have barely budged in the days during a Government Shutdown. Beyond the shutdown, really, there is plenty of other forces that are driving the markets and may be affecting the markets this week. Remember,
That coveted triple crown. We have tips before your head out to the park. Good morning, everybody. Youre looking live at lower manhattan. Its gleaming in the sun. Thank you for joining us on this sunday, august 2nd. Summer is moving along. Here we are. Not too fast. Slow down. This is the dog days of summer but with sunrises like that you cant complain. Im tony yates in for michelle charlesworth. Im rob nelson. Good to have you back. Thank you , dear. Michelle is waking up along the beach. Were all jealous of you, michelle. Enjoy this weekend and next weekend off. Going to work with you again. Certainly. You know who is in the house with us this morning. Miss freeze. Right, a my. Looking out over the east another temperatures starting were a stormfree end to the weekend as well. Lows this morning starting cool in monticello in the 50s. Everybody else 60s and 70s over night. Newark had 69, satellite and radar picture, it looks really nice across the area. Wall to wall sunshine as you wa
500 making slight moves, but the nasdaq headed north for its fourth straight day of gains t. Dow jones industrials lost 42 points. The nasdaq added 22 and the s p 500 rose 2. 5. So lets genover sin over seas, Divorce Proceedings officially got under way. Now begins the messy proj progress of leaving the uk. Steve sedgwick reports from west minster. Reporter the british referendum where the uk decided to leave the European Union, the british finally sent their letter to the eu, to the president of the council saying were enacting article 50 and that actually the Divorce Proceedings will start placements its only five short prafts in article 50, but part of that is a twoyear time line, a very tight time line for leaving the European Union and hoping the british are at least getting a trade deal as welt. That is already a thorny issue the eu chief negotiator said we need to sort out the uks divorce bill, which he estimates is somewhere in the region of 60 billion euros before we can talk
It, investors want to see an evidence of an improving economy in order to rely less on government policies. Today the Dow Jones Industrial average was off 13 points to 20,650. The nasdaq dropped 17 and the s p 500 lost 3. And another key events over the next few days and weeks could determine direction of stocks. Dominic chu explains. One quarter down, three more to go in 2017. And one of the biggest questions for investors now is whether the market rally since the election can keep going. While there is a general optimism on wall street, maern experts feel as though there are reasons to be at least a little bit cautious in the coming weeks and months. To the extent with edid not have some sort of Corporate Tax reform, that would certainly be a difficulty of the markets. Anything on the political situation, with the elections, whether its upcoming in france or germany later in the year, that could be an issue. And finally, id say the markets, s p at 20 times earnings, thats the kind of