Cramer, faber is off president is in wisconsin, surp positive, yields tick up on decent core ppi. Tech stocks taking a tumble. Treasury is out with its plan to loosen Bank Regulations and is the worst over for under armour . The stock having a nice bounce after the warriors take the title. First up, tech stocks looking to rebound from their worst twoday streak of the year jim looking at some of the percentage declines for fang, somewhere in the 4 to 5 range. What happened is you didnt get followthrough other than the negative apple you got a downgrade of adobe that lasted for about 30 seconds. There were no substantive calls and by the way no preannouncements that these great tech selloffs that weve had there usually is a linkedin tableau data, upgraded today by goldman. Theres something to hangon to which says tech has slowed down but we didnt get that, which made it so it was more of an air pocket than it was the beginning of some gigantic rollover. Just didnt get it i was looking fo
Ford, Kayla Tausche this morning at post nine. First it was utx, now boeing, and now donald trump has a new target, Lockheed Martin. Speaking with Chris Wallace on fox news on sunday. We dont have that sound, but he did talk to Chris Wallace, and, of course, the tweets followed up this morning, in which he talked about the cost of the f35, the cost overruns, the amount of money he hopes to save. Bill george joins us this morning, cnbc contributor, former exxon board member. Bill, good morning to you. Carl, good to be back on the best show on cable tv. Here we are again. Do you see any pattern emerging here regarding trump and his willingness to call out individual companies . Well, this is a president who knows how to use social media, and hes going to target it. Frankly, im happy to see him going after cost overruns in the department of defense. I spent the first three years of my career back in the late 60s doing this, and im not sure we made much progress, and i think these overruns
Anna a very warm welcome to bloomberg daybreak. From here in the city of london, i am anna edwards. Manus i am manus cranny. Brace for volatility. The euro has [inaudible] against currencies. Iscks are up 2 but this volatility in the fx market and we are getting back to the levels we saw in brexit. Anna this is the volatility we saw spiking ahead of the ecb meeting. The expectation is there will be an extension to quantitative easing but by extending it, you invite the conversation about when it ends. Manus is it longer and thinner . Eurodollar according to ubs, they say the dollar rally is going to peter out next year. They want to be long the euro, they favor being overvalued the euro against the dollar. 112 in the next three months or you anna [inaudible] journalists are mentioning it. Will mario draghi use that word . Here is where we are. 1. 0772. They are likely done with rate cuts. Manus in the past month, a great number, go to your search for trump on your bloomberg and 2 trill
Some of those coolest spots this morning are the spots dawning that fog. So looking okay over the cape and islands. Looking okay. And fog in taunton. Dense fog in norwood and more fog in keene, New Hampshire. Not the extent of the fog we had yesterday and still a little bit out there. 7 a. M. , 73 degrees. I will keep things nice and bright in metro west in the greater post area. 11 a. M. , 83. We are headed into the middle 80s cities and our range of high goes anywhere from the lower 80s at the coastline to upper 80s inland. A few foggy spots will last through 8 a. M. And then sunny, comfy and warm. Julie grauert is up with live drive time traffic. Good morning. Julie shiri, good morning. Love to report on these conditions nice and light. 93 south fine. South of the pike expressway moving at a speed limit. Live drive times. Nine minutes from the braintree split to the exit to the pike. 23 minutes on 93 south. 10 minutes on 128 northbound from University Avenue in westwood to the westo
The woman though does have a serious head injury were told and was flown to beth israel deac onist Medical Center in boston for treatment. Now take a look at the black bmw that hit them and you can understand why shes so badly hurt. The bottom side of the passenger side windshield is severely shattered. That vehicle was on scene here just until about 20 minutes ago. So reconstruction teams can figure out what happened. It in this investigation. Right now we are told that there are no charges or citations issued to the driver. As far as the couple were told that theyre from laurel. Theyre in their 40s and right now the man the husband is over at laurel general hospital. Were also told that what led up to this crash may have been completely out of the drives control. Well have more on that drivers control. Well have more on that 11 00. A huge pole slammed through an s. U. V. s windshield barely missing the woman behind the wheel. Fox 25 has more. Crystal haynes has more. Reporter vanessa