we re going to take you there live. it is just too dangerous to fly in many parts of the american west. we begin though with the markets, and that means sue at the nyse. hi, sue. hi, ty, and the markets are very hot here today. here s where we stand at 1:00 p.m. wall street on day one of the second half of 2013. the dow up 152 points on the trading session. the s&p is up better than 1%, up 17 points, and the nasdaq is up 1.33%, up 45.5 points. the russell 2000, the leader of the pack in terms of percentage gains, a 1.5% gain on the russell at 992.80. in terms of the gold market, after a very difficult first half, that s an understatement, we re up 34 bucs or 2.75% in comex gold. brent crude is now traded up .66% on the trading session and in terms of interest rates, the yield right now on the ten-year is just below the 2.5% mark at 2.48%. we have you covered up and down the street. bertha is manning the station at the nasdaq, sharon at the nymex but we start with my partner
tumbled the last couple of weeks. not last night. nikkei rising almost 5%. yen getting weaker. everybody calling for japan s demise. guess what? japan officially, i guess, is back. expansion. expansion. 1.4% gdp growth, stronger than expected. see if that can continue. the demographic profile of japan, to say in one word, awful. but in the short term they ll keep printing. we will see if it occurs. our road map begins with the markets. kicking off the week after the strong rally friday that basically took back all of the losses from earlier in the week. dow component 3m a rare and exclusive interview to cnbc moments ago. find out why the ceo s confident in the second half of the year. also, mcdonald s expanding its menu. consumers are eating it up. posting stronger than expected sales for may. apple s worldwide developers conference begins in a few hours. we are supposed to get new detail about company s i-radio pandora clone. that is enough to get apple faithful exci
fidelity s options platform. it s one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. well, well, instead of putting your money under the mattress, why not invest it in the mattress. if you have $175,000 to spare, british mattress manufacturer subwar is offering one of the most expensive bed sets ever made. why so much? each mattress will require more than 700 hours of labor. it will contain latin american horse tail, cashmere, and silk. don t ask me why you need all that, but they re only making 60 of them. and also, you can have your family crest or emblem embroidered into the mattress and that will be done by the royal school of needlework which helped make princess kate s wedding dress. what is your family crest going to be? the monopoly man smoking a cigar? let s take a look at the euro. parliament voting to tax to not tax bank deposits. that s the latest word. a very fluid situation. much more on c
injecting 57.9 billion into money markets. regulators are struggling to maintain liquidity without the injection. speaking of china, the country s largest listed steel maker has suspended output at a plant as the economy slows and demand weakens. meantime 40% of china s iron ore mines are standing idle as steel prices have crumbled. and loans to firms and households fell more than expected. ecb staying loans to the private sector fell 0.6% from the same month a year ago. italy s borrowing costs falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge microsoft for failing to comply with a 2009 ruling. that ruling had on ordered the company to offer user as choice of web browsers. apparently they may not have done that. if guilty, microsoft could face fines of up to 10% of its global revenues. and that would be a lot of money. iran still, we re this close to nuclear think o
homes. foreclosing on the rich and famous. you ll want to hear these stories certainly but first ty is down at the nyse. welcome, everybody, to power lunch. we ll start with what really has become the talk of the internet today. let s take a look at a picture from the new york times website right now. that is a shattered guard booth at a foxconn plant in taiwan, china. workers there involved in a disturbance and the plant reportedly closed. the foxconn plant there builds a lot of high-tech gear. we re not exactly sure who was fighting whom, but one reporter in the new york times says workers were battling with security guards there. not the first time there have been disgruntled workers at foxconn, and it s another sign of increasing labor tensions over in china. now, the fight basically turned into a riot involving 1,000, maybe as many as 2,000 workers. 5,000 police officers were reportedly called in to stop it all. now foxconn as i just mentioned, a major supplier f