Creditors have reached a deal on a fresh bailout. This deal takes the worstcase scenario off the table and eases the fear that the country will leave the Currency Union in europe in the near term. That was enough to allow investors in europe and the u. S. To vote with their wallets and send stalks higher. By the close the Dow Jones Rose 217 points to finish at 17,977. Nasdaq gained 73. The s p 500 added 23 points. But despite the deal between greece and its creditors, there are still a number of uncertainties surrounding the countrys long material financial fate. And this deal came at a very high price, including tough conditions no one is sure is country can fulfill. A report from athens. Reporter greece is still in the eurozone but just barely. After an all night negotiating session in brussels, the country emerged with a worse deal than one they rejected a week ago. Pension reform which will force greeks to retire later and contribute more to their retirement. Higher sales taxes on
Morning. The word that greece and its creditors have reached a deal on a fresh bailout. This deal takes the worstcase scenario off the table and eases the fear that the country will leave the Currency Union in europe in the near term. That was enough to allow investors in europe and the u. S. To vote with their walotts and send stalks higher. By the close the Dow Jones Rose 217 points to finish at 17,977. Nasdaq gained 73. The s p 500 added 23 points. But despite the deal between greece and its creditors, there are still a number of uncertainties surrounding the countrys long material financial fate. And this deal came at a very high price, including tough conditions no one is sure is country can fulfill. A report from athens. Reporter greece is still in the eurozone but just barely. After an all night negotiating session in brussels, the country emerged with a worse deal than one they rejected a week ago. Pension reform which will force greeks to retire later and contribute more to th
Creditors have reached a deal on a fresh bailout. This deal takes the worstcase scenario off the table and eases the fear that the country will leave the Currency Union in europe in the near term. That was enough to allow investors in europe and the u. S. To vote with their wallets and send stalks higher. By the close the Dow Jones Rose 217 points to finish at 17,977. Nasdaq gained 73. The s p 500 added 23 points. But despite the deal between greece and its creditors, there are still a number of uncertainties surrounding the countrys long material financial fate. And this deal came at a very high price, including tough conditions no one is sure is country can fulfill. A report from athens. Reporter greece is still in the eurozone but just barely. After an all night negotiating session in brussels, the country emerged with a worse deal than one they rejected a week ago. Pension reform which will force greeks to retire later and contribute more to their retirement. Higher sales taxes on
Theyre about to make a big bet on all Day Breakfast. Will this be the move that finally turns things around for the fast food giant . Or is it just too little too late . We have both sides of yet another heated debate on mcdonalds. Everybody, you either love it or hate it right now. Nobody is lukewarm on mcdonalds these days. A lot of people like breakfast for dinner. We will see. That big selloff in commodities. Keeping an eye on that for you. Gold seeing the longest losing streak since back in 1996. Well discuss whether the strong dollar and the commodity drop could actually delay a fed rate hike. Oil just closing below 50 a barrel. Well start, though first with the tech sector. Getting hit the hardest today after apple and others reported disappointing Quarterly Results yesterday. Apple and microsoft are the bottom performers on the dow. Yeah we had those two plus go pro and yahoo. Theyre all down today. And go pro now has turned positive. It got slammed hard initially after reporte
Work. Augment the hand. Todays action represents attempts by several different card players to make their hands better in this new environment where most stocks go down anyway. Dow falling 163 points, s p sinking 6. 5 . Lets take it by the clock. When i got up this morning, the futures, they were down hideously. And you know i get up early. A couple of reasons. Both chinese imports and exports showed chinas decline in Growth Continues to accelerate. Weve now had 13 straight months were chinese imports slumped right in a row. No wonder copper is in free fall. No wonder theres no place to put aluminum and steel. Nickel, zinc, i cant even look at them. Its just bad over there now as the economy frantically switches to being consumer base. Only one third of the chinese economy is based on consumer spending. Ours is two thirds. The chinese want their country to be more like ours, more like a service economy. When we see any data that suggest the Big Industrial engine of china might be sputt