California will open movie theaters on friday, at least in a limited capacity, but they are opening. Guess what . We have an ipo today. Remember those . Vroom, an online used car retailer, goes public this morning. All positive signs abound. Yet the media is jumping on the headline from a group called the National Bureau of Economic Research. That Group Reporting late yesterday that we are officially in a recession and that it began in february before the pandemic. Still scratching my head on that. You can bet we will be discussing it. And heres another return to normal for you. President trump says he will begin holding Campaign Rallies again in just a few weeks. The Trump Campaign will be joining us in the 11 00 hour. Lets go ahead as always. Im Ashley Webster. Varney company starts now. Ashley lets get straight to your money. We will start with the losers. First up, the airlines have had a really good run of late, as we know, but as you can see across the board, check out american a
Higher Interest Rates, stronger than expected Economic Data, certainly part of the market story. We are going to tell you what j. P. Morgans ceo said about all of that in just a bit. Boeing, they are the big drags on the dow jones, today. The biggest drag and the biggest drag by far. That stock is down some 7 , today. Elsewhere, we are watching a continued reversal in copper and utilities. Copper is down about 2 and the utility sector with a roll of its own, today, it takes us to the talk of the tape. Should you take some profits or buy into this weakness . I gather a lot of investors are making those decisions at this moment. Lets go to the panel. Kristen bitterly and joe terranova, investment partners. It is good to have everybody here. Adam, is this about that hot date of this morning that jumped up and rates and are reassessing . It is hotter, everywhere. It is 100 degrees where we are sitting and it is 90 degrees outside. Peoples right path changing. What i have been doing in my m
They are likely to go to jail. Begins hisrius sevenyear sentence. We will be live from south africa in 30 minutes. Live from paris, how Australian Businesses stand to benefit from britain leaving the eu. The official british inquiry into the iraq war has just and made public. David cameron is speaking live from the house of commons, likely to addddress ths issue. The inquiry has not expressed the view on whether military action was legal. Who suffered at the end of ramadan, it must be terrible for them. Minister e prime i join with the prime and mr. In e minister in wishing wales well. That was the leader of the they are likely to address the chilcott report. Our International Affairs commentator, i would like to first listen to John Chilcott and then we will get to your analysis as you break down the report. Inquiry has not expressed the view on whether military action was legal. Could, of course, only be resolved by a properly constituted an internationally. Ecognized court weve conc
Shanghai comp lower. European equities were mixed to flat earlier today and still that way. Theyre all flat. I mean hardly any moves worth mentions there. Take a look at the price of crude oil. Higher and wti still above 46, 46. 03. Brent at 48. 63. And dow component home depot out with results. Matched estimates of 1. 97 a share. Revenue essentially in line. Home depot did raise Earnings Guidance for the full year now at 6. 31 a share. Just below the consensus estimate of 6. 32 and analyst will join us to talk home depot. There he is right there. In case youre wondering what he looked like, i can confirm bryan nagel. A lot of these shots we get of people, you dont know what happened. He looked good. Didnt he . Happy. He is going to be on squawk box. And he covers home depot. You remember people used to cover the steel. They would come on and, but home depot, pretty good. By the way, you saw on the teleprompter. They is a Home Improvement retailer. Just in case theres anyone in the wor
To enter the race today. Marco rubio of florida is holding a rally in miami. That is 6 00 p. M. Tonight. President obama and fidel castro met over the weekend in panama the First Encounter in more than 50 years. President obama said that the two difficult on issues and can turn the page. The tphebgsnext big step is whether they remove the designation as state sponsor of terrorism. The Obama Administration will be selling the Iran Nuclear Deal this week to a Skeptical Congress. Cabinet members will have a closed door briefingor members of the house today and brief the senate tomorrow. He argued they should be able to negotiate a final deal before Congress Ways in. John kerry we have earned the right with what we have laid out in this parameter that has been set forth we have earned the right to complete this without interference and certainly without partisan politics. Olivia the senate is about to take up a bill that would give congress 60 days to review any final agreement with iran a