And everything Mark Zuckerberg wants, he will get when it comes to facebook. Theyre holding a shareholder right now passing to give the ceo more control of the company. More details coming up. The heat wave in the west has caused devastating wild fires. Well take you there for the impacts on business. Lets start with todays rally. Bob pisani tracking the action. Bob. The important thing is weve held most of the gains. Lets call it steady as she goes here. Broad rally more to 1 . 5 1 advancing. Thats an impressive number. Volatility, vix, has been dropping here. Eight of ten sectors up more than 1 . Industrials, bank stks, technology, all have been strong. Financials i would note particularly strong. So all the money banks were up as well as the regional banks like comerica and regions financial. How confused are they over the brexit thing . The answer is very confused. Last week the markets were positioning for an exit. People thought brexit was going to happen. The markets seemed to b
Bet on a blowout Earnings Report tonight. We will dig into those numberes. And facebook isnt the only set to announce numbers. We have a bunch. Weve got full Team Coverage of all the results coming your way. Love this time of the year, when the numbers are all coming out. Meanwhile, the Justice Department recently moved to block two huge health care deals and coming up, ralph will tell us what thats doing to the dealmaking climate and whether that is creating any tension between wall street and washington at a critical time of the campaign. And later we will hear from the top ranking executive at airbnb on his plan it win over the democratic party. Shouldnt be too hard given where he worked. But days after senator Elizabeth Warren called into a probe into whether sites like his are pushing up rental prices. Uber and airbnb, very big presence lobby wise at the Democratic Convention this week there in philadelphia. Lets start with the low earnings and low expectations and a pop for apple
You probably know has experienced an unexpected dip of late. One issue sure to come up is the uk referendum later this week whether that country should leave the European Union. That vote happens thursday, ending a Bitter Campaign between the leave and the remain camps. But today u. S. Investors voted to stay in stocks, that is. The Dow Jones Industrial average rose 129 points to 17,804. Nasdaq added 36. The s p 500 was up 12. Bob pisani has more. Reporter its going to be a busy week capped off by the brexit vote in the uk. Brexit has traders confused. Its gotten more xlakted than stay in or out of the European Union . Markets seemed to move toward the idea the uk would exit the European Union and stocks were down. The greatest surprise then would have been if the vote was to stay in the eu, markets would have rallied. Thats reversed, the market has rallied on the belief is uk is likely to remain in the eu and its likely at least part of the rally we had if the uk had stayed in the Eur
Testimony. The focus, the economy, which as you probably know has experienced an unexpected dip of late. One issue sure to come up is the uk referendum later this week whether that country should leave the European Union. That vote happens thursday, ending a Bitter Campaign between the leave and the remain camps. But today u. S. Investors voted to stay in stocks, that is. The Dow Jones Industrial average rose 129 points to 17,804. Nasdaq added 36. The s p 500 was up 12. Bob pisani has more. Reporter its going to be a busy week capped off by the brexit vote in the uk. Brexit has traders confused. Its gotten more xlakted than stay in or out of the European Union . Markets seemed to move toward the idea the uk would exit the European Union and stocks were down. The greatest surprise then would have been if the vote was to stay in the eu, markets would have rallied. Thats reversed, the market has rallied on the belief is uk is likely to remain in the eu and its likely at least part of the
Testimony. The focus, the economy, which as you probably know has experienced an unexpected dip of late. One issue sure to come up is the uk referendum later this week whether that country should leave the European Union. That vote happens thursday, ending a Bitter Campaign between the leave and the remain camps. But today u. S. Investors voted to stay in stocks, that is. The Dow Jones Industrial average rose 129 points to 17,804. Nasdaq added 36. The s p 500 was up 12. Bob pisani has more. Reporter its going to be a busy week capped off by the brexit vote in the uk. Brexit has traders confused. Its gotten more xlakted than stay in or out of the European Union . Markets seemed to move toward the idea the uk would exit the European Union and stocks were down. The greatest surprise then would have been if the vote was to stay in the eu, markets would have rallied. Thats reversed, the market has rallied on the belief is uk is likely to remain in the eu and its likely at least part of the