George Abrams News Today

Julie hyman has been tracking. The game we saw last week in changing perceptions about the fed and its Interest Rate increases, people bringing up the expectations for the fed to raise rates in june, but losing a little bit of steam in todays session as investors await a lot of Economic Data from durable goods to new home sales. Groups on the the move, materials l strongly but besides that, some materials at 1. 2 and energy as the biggest drag, even though if you look at the individual groups, t...

Louis fed president. Said officials continuing to talk up a rate increase as early as june or july. A look at what it means for stocks from a top strategist. Desk head to the markets where julie hyman has the latest. The markets are lacking a clear direction today. Julie treading water is the phrase that comes to mind here. We are not seeing too much change whatsoever in the major averages right now. The s p 500 is betting unchanged on a percentage basis. The nasdaq gaining a little bit of tract...

Highs of the day. Last week, we had that changing perception of the fed perhaps being more aggressive than the market was pricing in. Official from the Philadelphia Fed speaking last night, reiterating that view. He is not a voting member. There is not much that changed today that would cause this breakout that weve seen. What is driving that upsurge . Weve seen banks trading higher in the session. Weve also Seen Technology doing quite well in todays session. If the economy is strengthening, it ...

Do we continue to see the momentum we saw in this morning . Julie we have. Thee was more velocity to momentum earlier. Stocks have been hovering at the highs of the session for most of the day with an aspect in the day. The dow up more than 200 point, the biggest oneday gain for the major averages going back to march 11. It looks like it has to do with evolving views on what the Federal Reserve is going is going to do, even though there was not news to change the perception here we have seen a r...

Amanda we hear from the ceo of disney with just a week until the grand opening of the new theme park in shanghai. Around the world and check in with our team for indepth coverage. Brussels where mario draghi has been speaking this evening. Guilty yields dropping a record low. David lets begin in brussels were mario draghi has been calling on those to help the European Central bank store Economic Health to the area. Economic form with the latest. What are these reform specifically that mario drag...

Have been born in the u. S. The effects were also seen in three other pregnancies that were ended. The cdc says 234 pregnant women have been diagnosed with the virus this year. Im shery ahn. Bloomberg west does next. Is next. On cory johnson, and this is bloomberg west. Coming up, oracles transition to the cloud is accelerating. The companysdown cloud fueled q4. Plus, the value of bitcoin has gone up 70 in the last three weeks. We will talk to experts. And the cheapest, smallest satellites in th...

Three major indices are making a little bit of a comeback. The s p 500 is just above the flatline. The dow up by a third of a percent. Brexit is weighing heavy on what everyone is looking at in terms of the trade. We did see a new poll out of the u. K. Leaning toward brexit, but the keys in the u. K. Are seeing Something Different with odds slipping to 38 after surpassing 44, so ware seeing a little bit of a lift in the market. We can see that a little more announced as we go to the dow intraday...

The suspect has been arrested. Campaigning has been suspended on the referendum on the european union. Egyptian investigators say egypt s voice recorder has been pulled from the mediterranean sea. The memory unit is intact. The plane crashed with 66 people on board. The centers for Disease Control says that three babies with birth effects caused by zika have been born in the u. S. The effects were also seen in three other pregnancies that ended. The cdc says 234 pregnant women have been diagnose...

Take a look at the splash, there is positioning that is starting to take place in anticipation of what could be, maybe a fed Interest Rate increase. Hedging their bets tachlt a look at this one. The two year note yield for u. S. Treasuries, already over the korts of the past week, moving higher. It was near 80 basis points about a week ago. Now its up towards 90. Again, look in the grand scheme of the year to date period, eliminatively on a low basis here. One place where that battle, that hedgi...

Worldwide exchange on cnbc. Im sara eisen. Im wilfred frost. A good morning to you. Here are the big stories we are watching at this hour. Germanys buyer offering to buy u. S. Seeds Company Monsanto for 122 per share in cash or 62 including debt. Before the bid rumors began to emerge. President obama, the second big story is him on his visit to vietnam today. So far the u. S. Will fully lift the ban on selling arms to vietnam. And here we continue to monitor fed speak as well. The speculation is...