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keeping things unchanged. strong showing for jpmorgan, second quarter revenue beating estimates. and awaiting the biggest po of the year. first lads for line. stock set to open at record highs. the bank of england leaves rates unchanged but says stimulus is likely to come next month. black rock s larry fink talked about the market rally this morning on squawk box sounding fairly skeptical. take a listen. here we are we re seeing investors worldwide pausing, we have seen quite a large sum of money being pulled out of equities over the last year and yet we are at record highs. this rally in my mind is not i don t think we have enough evidence to justify these levels in the equity market at this moment. he does go on to say, jim, that if earnings come in above the minus 5 that everybody is expecting maybe some of these could be justified. look, i spent all morning on this jpmorgan. why? because jpmorgan the largest bank, you have to stay focused on it. if jpm ....
ou st the [ gunfire ] gunfire, bombings and bloo shed in turkey as mill terforces try to out of the government. in the past two hours, turkey s president said that it is over. minutes ago, turkey s police chief says 16 coup plotters have been killed, 15 others detained. andrea is tracking the latest. the police chief says the clashes are about to come to an end, the coup is over and the government is in control. whether that s true remains to be seen. hours of insurgency tonight as an attempted military coup in turkey began in a hail of alternate gunfire. [ gunfire ] reporter: a faction of the military stopped traffic over two bridges and sent tanks to take over the airport. there was a bombing outside the turkish parliament, and military aircraft could be heard. the president face-timed supporters. he is a controversial figure in turkish politics, seen as an authoritarian. president obama said the turkish people should support their democratically leaked leader ....
ou just the [ gunfire ] gunfire, bombings and bloo shed in turkey as mill terforces try to out of the government. in the past two hours, turkey s president said that it is over. minutes ago, turkey s police chief says 16 coup plotters have been killed, 15 others detained. andrea is tracking the latest. the police chief says the clashes are about to come to an end, the coup is over and the government is in control. whether that s true remains to be seen. hours of insurgency tonight as an attempted military coup in turkey began in a hail of alternate gunfire. [ gunfire ] reporter: a faction of the military stopped traffic over two bridges and sent tanks to take over the airport. there was a bombing outside the turkish parliament, and military aircraft could be heard. the president face-timed supporters. he is a controversial figure in turkish politics, seen as an authoritarian. president obama said the turkish people should support their democratically leaked lea ....
reporter: the winds of change are blowing into the bay area now. a much stronger on-shore flow with water temperatures 20 degrees cooler than tuesday it means also better air quality. as we re looking at good air quality from top to bottom because the ocean breeze has returned. concord, 100 degrees on thursday. 84 for a high today. san jose, your high 83 and san francisco today 65 degrees how long does the cool air stick around? the answer coming up. this morning in turkey, at least 160 people are dead and soldiers arrested after an attempted coup. the president there says he s in control of the country and the efforts against him will not succeed. he says those who try to overthrow the government will be severely punished reporter: a night of chaos and violence. tanks surrounded the istanbul airport, bridges connecting the city were shut down. early saturday morning, the president, who had been on vacation, returned to istanbul and said that the plotters would pa ....
february. some good news, america, median household incomes rising for the first time in eight years. now stand at $56,500 per home. unfortunately, as melissa noted, median investments are likely down a bit today. stocks are getting whacked as we head deeper into the trading day. the dow is down 1.5%. that would be pretty big slide for the dow. and volatility has really ramped up in the last couple of days, your story, though, once again, maybe oil. crude could be a cause. crude oil is down nearly 3%. let s get more now on this market. bob pisani on the floor of the new york stock exchange. starting to get a couple of calls from friends and family and random strangers. what is going on with the market. is it oil? is it trump? is it the fed or, is it, d, all of the above? a little bit all of the above but largely on the fed and what the fed is going to do next week, even though the chance is 25%, that s what the market says, people down here don t believe that. take a ....