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Network Dagen Mcdowell as always, pwc partner and cfr Mitch Roschelle and lindsey bell maria markets this morning, quiet situation going do what could be fireworks in next 2 days, dow industrials down 71 points, nasdaq down 27, Federal Reserve jay powell testifying before the House Financial ServicesCommittee Later this morning, markets are watching specifically to see if powells comments indicate signs of a future rate cut, a lot of people yesterday, Jon Hilsenrath said, well, if its not july, itll be september, lindsey, you have a lot of thoughts on this. Yeah from the testimony today and tomorrow, im not speaking anything new out of fed ch ....
America are piling on mountains of debt. What happens when its time for companies to pay the piper well get some answers on this tuesday, june 11th as Worldwide Exchange begins right now im back hi, from wherever youre watching im Brian Sullivan. Thank you for joining us on this tuesday. It could be a lucky seven for stocks theres a lot of green on the screen, and we can use i another rainy day in new york. Either get another cup of coffee or go back to bed. Dow futures are jurnd under 100. The dow on a sexday win streak. Of course, if we keep this up, it could make it a sevenday the bond yields are ticking up higher the benchmark tenure yield at 2. 16 . Also watch oil Oil Beginning to creep a little bit higher as well were up just under a percent. Also a big night overseas. Not as much in japan the nikkei in japan di ....
Investigation into his alleged actions also coming up president putin claims victory in syria starts with drawing Russian Troops he praises the Russian Military for doing a spectacular job. And the bonus league is back for some midweek action leipsic is looking to keep up the chase at the top of the table while dortmund in their new coach hope to turn their season around. Hello im terry martin welcome to the program. U. S. President all trump is facing scrutiny once again over allegations of Sexual Misconduct three women who had previously accused of Sexual Harassment made a series of joint appearances are calling for a congressional investigation. Into trumps alleged predatory behavior the white house has called the claims false but the women have pointed t ....
Then we have a miraculous. That is three, count them three sessions in one. Let me walk you through it i am going to go blow by blow so you understand this mornings stock opened so strong i wrote a piece, please, dont chase this rally you have bad news out there. From united continental. Devastatingly series of reports about a collapse, wholesale collapse in sales for the new iphone not to mention a damning story about the quarter from Texas Instruments. Then the market takes a total header in reaction to the stories. And when the dow had fallen 272 points from its high, i cashed off other piece i argued you might not want to own the stocks in an immediate blast zone, still plenty of good stuff to buy before the proverbial cyber ink could dry, we shot up 140 points and that was the moment i realized it is time to adopt a new view about this market we have a 9 30to 11 00 a. M. Session and another 111 002 00. It is that difficult ....