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New york oil is hovering around. Nokia is close to a deal to sell to a group of german automakers. Bmw would be the buyers. Stephanie the has been a big shakeup at toshiba over and ask accounting scandal. They will will have to restate earnings for six years. We have the story from hong kong. They announced after the closing bell in japan that they will resign. It is alleged top executives sent set unrealistic profits. A number of other executives will also resign. It you Management Team will be released in august. Toshiba has pledged to correct its earnings by 1. 2 billion. The Share Price Rose 6 . Stephanie they make appliances in nuclear reactors. Nike has given their ceo and award that is almost 10 times higher than what he usually gets. He has been awarded restrictive stock with a value of 30 million bucks. Those are whole of sneakers. Phil knight has endorsed him to ....
Prepared to stabilize the market. Talks next week. About 30 minutes into the trading day. Julie hyman joins us with breaking data. Julie its rising less than estimated. It came in with a rating of 90. 4. This mostly reflects what happened in the current condition. That part of the index is falling to 106. 1. Picked up aans little bit more than estimated to 80. 3. Overall, it looks like the consumer is not feeling very good about their current state of personal finances. In this like optimism report as well. It has already been a pretty busy morning. We got u. S. Retail sales earlier in the day. We saw a little change overall last month. We did see when you strip out autos, there was a decline. Auto sales were more robust than the rest of the retail or. We got ppi as well. That fell 4 10 of 1 . The average is pulling back on those record levels where they closed yesterday. That goes back to the end of 1999. Economic data that we have this morning has a sharp effect across the market. Ta ....
Well, he wants her to release more information about their health. We are 30 minutes into the trading day. Julie hyman has the latest. Julie koman all three indexes have turned around. After the sellout we saw friday, the deepest since the brexit somein the u. K. , we have stocks higher across the board. The nasdaq is up about a quarter of a percent. To be sure, these are not a gains, it does represent a. Napback from friday there were analysts saying you should come out and buy stock after the drop we saw on friday. It looks like at least some investors are taking their advice. Friday isse we had coming down to some extent today. Initiallye seeing looked like to return to volatility was going to be a multiday event that is no longer the case. You can see it has turned a little bit lower. It is still above 17. It is above the very low level for that index lately. I am going to call in audible up here. We will take a look at the sectors that are leading in the gains we see. Its pretty b ....