The greece story would play out. We did see a significant head line in the index in the month of june coming in at 1. 074. Coming in at 1. 08 against expectation. Were looking at highs of 1. 11 against the u. S. Dollar. Lets get reaction from bill oneal from ubs Wealth Management. From the headline number bill this number looks pretty good . Yeah i think its provide something reassurance that a multidollar recovery is still under way in europe. I think the weakness of the euro posed the greek settlement that played a role here. Clearly that to be reflected in green coming through the market for the midyear as well. But i think its important that the market was to have some nasty surprises after some pmi number, purchase managing numbers, of course that did disappoint. We should point out that the ifo has said their june expectations has been revised up to 0. 121. Its also a twoweek i after the ifo. I guess the question is what does it mean for the exporters out there who have been bene
Jab holdings buying panera bread more than 7 billion. I hope you brought your appetite because power lunch starts right now. Thank you, melissa, and thanks to a big jobs number we have a nice little rally on our hands. The dow posting its biggest oneday gain since early march. The last time i checked just moments ago there was only one dow stock lower. That was Cisco Systems and it was barely down. Oil and energy a big driver as well. Crude may be off its highs of the day but it is still back about 51 a barrel. Banks and technology also big winners. One notable loser, though, valiant pharmaceuticals, now trading in the Single Digits down 97 from its highs of two years ago. More now on todays market action, bob pisani live on the floor of the nyse where the good continue to roll. Bob . Reporter and this is good times. This is a broad wrally, brian. 29 of 30 dow stocks on the upside. Ill show you how broad it is. Put up five of the big dow movers. You have Consumer Discretionary group, m
Get to know one another in an opportunity to sit down. They will find is a strong leader, put America First and willing to talk about the hard things. The fact release 500 billion a year in the trade deficit to china, that weve seen manufacturing leading this country and going to china. The fact that we see china can start to bases in the south china sea. Maria taking a closer look at that this morning. A history making and capitol hill. The senate on the brink of a bill Going Nuclear with the nomination of judge neil gorsuch. The fallout in everything you to know coming out. The white house taking on tax reform. How it looking to set up a path for success. Well take a look at what that means for your money. A while bad wall street yesterday. The dow sank more than 200 points and a turning point was the release of the Federal Reserve minutes at about 2 00 p. M. Eastern time yesterday. Comments from the minutes about winding down the Balance Sheet, weighed on investors, turning the enti
Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. Well, facing the growing foreign crisis in syria, President Trump hinted at action, but he wouldnt show his hand. Mr. Trump called tuesdays chemical attack an affront to humanity that changed his attitude toward president assad. He blamed assad for the deaths of at least 86 people, an action he says cannot be tolerated. When you kill innocent children, innocent babies, babies, little babies, with a chemical gas that is so lethal that people were shocked to hear what gas it was, that crosses many, many lines, beyond a red line. U. S. Officials say chlorine gas with traces of the nerve ajen agent sarin was likely used in the attack. Ambassador nikki haley warned u. S. Would take action. The attack happened about 60 milesen from the border with turkey where some of the victims are now being treated. Holly williams is there. Reporter the problem for the u. S. Is that
57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. Well, facing the growing foreign crisis in syria, President Trump hinted at action, but he wouldnt show his hand. Mr. Trump called tuesdays chemical attack an affront to humanity that changed his attitude toward president assad. He blamed assad for the deaths of at least 86 people, an action he says cannot be tolerated. When you kill innocent children, innocent babies, babies, little babies, with a chemical gas that is so lethal that people were shocked to hear what gas it was, that crosses many, many lines, beyond a red line. U. S. Officials say chlorine gas with traces of the nerve ajen agent sarin was likely used in the attack. Ambassador nikki haley warned u. S. Would take action. The attack happened about 60 milesen from the border with turkey where some of the victims are now being treated. Holly williams is there. Reporter the problem for the u. S. Is that it doesnt have any good opti