prices over the $25.00 companies listed on the brand new shanghai's stock exchange stock market more than. one company a 400 percent of. the price of oil has risen by over one percent in the past hour the market is reacting to the worsening situation in the persian gulf brant crude prices climbed $0.88 to just over $63.00 u.s. dollars concerns that iran's seizure of a british tanker last week may lead to supply disruptions british government will discuss countermeasures on monday solution is not yet in science. corresponded to delaying the end frank oil is up would you call it that but rise dramatically. so while prices are up today as you said it's about 2 percent for the day and they also rose on friday about one percent but there is a lot of concern there's a lot of questions about why the reaction hasn't been more dramatic a lot of analysts are a bit surprised that we haven't seen a bigger and create. this place where the seizures have been happening where this conflict with iran is happening the strait of hormuz is extremely important for the global oil market where about 20 per

but first, america's newest stock exchange, the long-term stock exchange looking to shake things up in the stock market by making investors and managers focus on companies' long-term interests. joining me is the founder and ceo, eric reese. eric, it's good to have you on the program. thanks so much for being here. >> thanks, happy fourth. maria: i want to talk about the long-term nature, but first, you've got some news. tell us about the filing that the company made. >> yes. so we were approved as a national securities exchange on may 10th, and now we're making our first in a series of filings that are the actual standards, the principles that companies have to comply with in order to be on our exchange. maria: let's talk about that in terms of the ownership structure of the company, which is what a lot of people want to better understand. >> sure. so at this stage we're talking about the disclosures that companies will be required to make that show how they're in compliance with these principles. the principles are things that are aligned with what a 21st century company, a founder an

to business asia berlin good to have you with us now then trading on china's new nasdaq style stock exchange got off to a stick tacuba. a dream start for china's new stock market some $25.00 companies began trading on the new nasdaq style tech board in shanghai with one logging a 400 percent advance what china expert clifford coonan tells us more about that. also coming up germany's economy minister says brussels could scrap duties on key u.s. industrial exports to avoid a war of tariffs between the e.u. and the u.s. . a welcome to the business asia berlin good to have you with us now then trading on china's new nasdaq style stock exchange got off to a stick tacuba start today share prices soaring one company angy microelectronics technology jumped by more than 400 percent a so-called stock market is part of china's attempt to assert itself as a global tech leader $25.00 companies from i.t. and other sectors listed on the new tech board which is operated by the shanghai stock exchange china has the world's 2nd biggest equity market behind the u.s. but it's been criticized for high levels of

since we're here at the new york stock exchange, did you notice the beating heart of capitalism. thrilled to check in with stacy cunningham the first ever female president of the new york stock exchange group which is a subsidiary of i.c.e. fantastic stock. welcome to "mad money" and thank you for having us. >> thanks for having me. we're excited to have "mad money" here. >> thank you so much this is what i love to do. stacy, this is an exciting year. there is lots of listening and unicorns coming public why should i list here and not on the other guy >> i'm jim, you're right. the first half of this year is busy since 2007. it's really been off to a strong start and when we talk to companies about how we can help them be a public company, it comes down to four things, one, how we trade their stock with less volatility every day that saves investors money and saves them money, two, we'll put them among the world's greatest community of companies that exist anywhere and we're going to give opportunities to leverage that network. three, we're going to use our brand and visibility pl

cut down their top to flood that 5 seen over the years to the vistas listing in uganda stock exchange can be welcome however forcing it on them is not the only thing because there's a stock in a stock that's a stock market risk because the next business. for the company is if you don't end up listing companies that will make your stock market yes but markets laughable and is just not a matter of government wanting it's not matter of government being able to appreciate the environment where we are working right now before they import over the 2nd producing expropriation. stock market analysts also question that floating shares should be treated carefully especially in sync with demand and reliable comic indicate has some idea that for the munda to release thing to be viable ugandans must also have enough capital and effective incentives to invest in the stock market we've also noticed that some of the returns on the stock at stand have never always had sprayed the needs that people are looking for some people are looking for returns that are exorbitantly high that the stock market can

asia want to jones berlin good to have you with us now then trading on china's new nasdaq style stock exchange got off to a spectacular start today share prices soaring one company angy microelectronics technology jumped by more than 400 percent the so-called stock market is part of china's attempt to assert itself as a global tech leader $25.00 companies from i.t. and other sectors and missed it on the new tech board which is operated by the shanghai stock exchange china has the world's 2nd biggest equity market behind the u.s. but it's been criticized for high levels of speculative activity and a lack of governance. lots to talk about and i'm happy to have a reporter cliff it couldn't here with me in the studio who knows china and who is take a closer look at this new take a market and mazing launch to the stock market what explains such success on day one well it's only 2015 that we there were billions lost and investors really took a pasting back in china so what we're seeing now is a very significant event in that way and it's only it's basically grossest in on the ground right now so peo

the business asia berlin good to have you with us now then trading on china's new nasdaq style stock exchange got off to a stick tacuba. a dream start for china's new stock market some $25.00 companies began trading on the new nasdaq style tech board in shanghai with one logging a 400 percent advance what china expert clifford coonan tells us more about that. also coming up germany's economy minister says brussels could scrap duties on key u.s. industrial exports to avoid a war of tariffs between the e.u. and the us. a welcome to the business asia monica jones berlin good to have you with us now then trading on china's new nasdaq style stock exchange got off to a stick tacuba start today share prices soaring one company angy microelectronics technology jumped by more than 400 percent a so-called stock market is part of china's attempt to assert itself as a global tech leader $25.00 companies from i.t. and other sectors listed on the new tech board which is operated by the shanghai stock exchange china has the world's 2nd biggest equity market behind the u.s. but it's been criticized for high

the operator here of the frankfurt stock exchange they did not follow this trend so i guess we can expect some heated discussions in the next days about this issue all right up there reporting for us from the frankfurt stock exchange thank you so much apollo 11 was the space flight that 1st landed humans on the moon the mission started today 50 years ago with a launch from kennedy space center in the u.s. state of florida and it carried a laser reflector on board it was made in germany space science and high tech developments are closely linked and one of the key players in this field is germany's technology group harry us. this is a retro reflector especially ground lens made of glass. is so pure that you could see through 100 meter thick book as if it were. prisms like this are found in an instrument that the apollo astronauts took to the moon 50 years ago. even today it allows us to measure the precise distance between the earth and the moon. and. with so much media coverage the moon landing was a pristine project for anyone who had anything to do with it with our company known for its

hope a silver lining on the horizon therefore by may be danielle call the other friends with stock exchange will catch up with you later again thanks for now. a while the rest of the e.u. debates the right way forward when it comes to going green the french island off sound off the coast of brittany already pretty much relies on renewable energy and now it wants to go a step further and become completely self-sufficient with the use of more green electricity. to run 15 kilometers off of france's atlantic coast suits. every day the tracks around 3000 tourists and boast the largest seen school in europe. the island already generate some of its own power from the wind turbine. and 2 solar power plants. that's usually enough to supply these restaurants the sailing school and much of the rest of sun nikola but eventually they're hoping to be able to rely entirely on renewable energy. or. just watch it when weather on an island or elsewhere in france solar technology is going to develop massively electric vehicles in the means of storing electricity are also going to improve soon we will be able

dani burger is focused on the london stock exchange. fifrench drugmaker had a charge on the hemophilia drug be acquired, disappointed, but we are seeing calls for the stock to be higher. they say growth will be at the top end of their forecast range. is looking at calls of 3% higher. >> to the upside there. also potential upside from m and a. >> the london stock exchange, one of the big mergers today, they are in talks to buy trading platform refinitiv. this is also the fastest growing segment. typically we see the purchaser fall in trading after these things are announced, just because of the complications of adding a new business. shares are called higher by three to 5%, showing how positive the markets are taking this new acquisition. thanks for joining us. we talked to the cfo of heineken. we are looking for downside reaction in heineken share price to the numbers. it did seem as if the volume numbers and operating profit numbers were not going to impress the markets. ryanair is going to be in focus. profits dropping at the irish air

surging after the stock exchange group made that bid.ery different story when we get to the pound, take a look at this, we are looking at three-month pound implied volatility. we've seen it around 1% that hits a two-year low. volatility spiking again. at quite as much as before the last brexit deadline. boris johnson, the new prime minister, his team really talking of the possibilities of a no deal over the weekend. we are seeing something of a mega m&a monday. you can see a number of those deals. i mentioned on the stock exchange spiking on that $27 billion bid, rising around -- this having its best day after the dutch company said it wants to buy. an rising as pfizer wants to create a generic giant with them. one quick final chart i wanted to show you. , over look at u.s. m&a the past year, it is lagging the s&p 500, that tracks all the companies going through a deal. guy: protests continue in hong kong over the weekend. violencecondemning the , a spokesman for the hong kong affairs office saying it has gone far beyond the scope of pea

bob pisani is at the stock exchange. >> stocks marched higher pushing ths&p 500 beyond 3,000 early onugh we did end well off the levels. federal reserve chair powell testified before the house financial services today, reassuring the markets there's a case to be made for a rate cut later this month. in particular, powell's comments that uncertainties have increased pushed the s&p into record highs, but we came off n'ose highs fairly quickly. we d end above 3,000. right now there's a clear consensus in the markets around a 25-basis point insurance cut for july, some are calling it. some investors likely would be surprised now if there was no rate cut, but others would be surprised if there was aoi 50-basis rate cut. so the consensus is just 25. sector winners today, big tech names like micron, cisco, intel and microsoft. energy was another brightud spo. e oil prices are knocking on the door at $60 a barrel. crude inventory showed a bigger aw down than expected helping exxon, chevron and hess. ne group left out of today's rally, bank stocks. all down as bond yields continue to driftni l

asia want to jones berlin good to have you with us now then trading on china's new nasdaq style stock exchange got off to a stick tackler stock today share prices soaring one company angy microelectronics technology jumped by more than 400 percent a so-called stock market is part of china's attempt to assert itself as a global tech leader $25.00 companies from i.t. and other sectors and listed on the new tech board which is operated by the shanghai stock exchange china has the world's 2nd biggest equity market behind the u.s. but it's been criticized for high levels of speculative activity and a lack of governance lots to talk about and i'm happy to have a reporter clifford couldn't here with me in the studio who knows china and has taken.

let's get the european perspective on this from conrad who isn't outside the frankfurt stock exchange forrest trump hasn't been tweeting about that deficit lately. you know but trump has found other measures that allow him to boast about how successful he allegedly is the most important measure is the american stock market yesterday the dow jones the nasdaq and the s. and p. 500 on the american stock market all have closed on you record highs it's very difficult to argue that america is being ripped off while the valuations of companies are so high and also of course this is a speculation trump might have found out that the argument with the trade balance is not as easy as he always has made it sound trade balance is influenced by many different factors and an overwhelming majority of economists of this world is convinced that the you simply cannot use them as a measure of success or failure of an economy doing currency exchange rates coming to this i mentioned currency manipulation being his next big thing earlier in the show. yes this is what he's now tweeting about but i have to sa

interesting daniel that i would discuss this with you right now because you have the frankfurt stock exchange and $26.00 isn't even listed it's one of the so-called unicorns a company that's valued at more than a $1000000000.00 but not listed so who are the investors who is behind it. yeah very interesting they're not publicly listed i've taken a look at currently more than 10 investors are invested in the company and that's quite interesting a list we're talking here for example about x. that's the digital investment unit of the insurance group then members of the london management and different venture capital groups from europe but also from age are also one of the founders is. coming from pay paul as well as the government of single poor investment corporation so a very interesting mix with certainly very different interests all right reporting for us from the frankfurt stock exchange about an online banking company that is not 0 a listed there or anywhere else very interesting story there thank you so much. there's a lot of talk about a dish of currencies these days and the rise of those

well traders monica get the frankfurt stock exchange we're not really surprised about the growth figures we have received this morning from china it was expected to win by investors that g.d.p. growth would be between around 6 and a half or 6 and a half percent investors seeing all of this not really as a warring i've been talking to quite some of them this morning and they are satisfied and that is more of the focus of investors this morning about the growth in the industrial production in china by 6.3 percent and also in the retellings sector by 9.8 percent all of this is making investors feel that most likely the outlook for the 2nd half of 2019 is again more promising all right one more question for you kathleen because i found one heard that p.s.a. group the french carmaker group the deliveries in china 60 percent in the 1st half of the year so it is quite worrying you certainly for some foreign investors is beijing going to counter any of that certainly the slowdown. in terms of what the government's been doing they've been tweaking policy both monetary wise and fiscally speaking b

. >>> london stock exchange says it is in talks to buy financial data firm refinitiv.deal will be worth $27 billion. by the way, that will make a combined company really a big challenger to bloomberg lp. >>> asia, ride hailing firm grab says it will invest 2 billion into indonesia over the next five years using funds from softbank singapore-based startup is valued at $14 billion. plans to raise more than 6 billion in capital by the end of the year >>> still on deck, tensions rising in the strait of hormuz as the uk sends another warship to the waterway. we'll give you a live report from that region next. >>> later, no cheap coats here a pennsylvania 16-year-old just won $3 million playing video games in the first-ever fortnight world cup. congrats to him. raise the cup. drop out of scol, ayhopl fortnight. we're back right after this. new align whole food probiotic. a blend of quality probiotics and fermented whole food botanicals, expertly curated to naturally support your gut health every day. go with align whole food blend. from the pros in digestive health. they use

for more let's cross over now to financial market correspondent panday at the frankfurt stock exchange as it or so to the german players there both with disappointing results i was all of that going down on the floor. that morning as you would expect both down the biggest drags on the dax that's behind me you can see how knows how it is nosedived is 18400 cases so by and that's an insane crazy it's about time somebody from buying management should come out and publicly acknowledge that yes we made a mistake we underestimated the legal costs of one son to perhaps it's all to do with the fact with the legal cases arising it's to do with the fact that the many other painters who must be thinking that perhaps now by a could go in for settlement and they could rake in the more like there so that's why the numbers could have potentially gone up now as far as the times is concerned is the same old story we did see yesterday with ryan there also david price was an overcapacity in europe. also feeling the heat of low price war low prices it's been dry and there for that and ryanair blames the t

selina: there are so many bold changes -- bold changes that this stock exchange will be implementing.e chinese government has been thinking about for many years and they are coming to fruition in this exchange. the three main changes are number one, this is going to have a registration listing process which means it will be less cumbersome and faster for these companies to apply. secondly, it will allow pre-profit companies to list. a lot of these new companies are not making money. now they will have an avenue to list. thirdly, it will allow dual clash shareholding structures which has been very popular among tech startups and entrepreneurs. the goal is to get these tech companies to not run away to hong kong or new york like tencent and alibaba but list on domestic. exchanges in the mainland the government wants. retail investors to be able to take part in the growth of their homegrown companies. there has never been a shortage of tech companies in china. what there has been a lack of is regulatory structure that will allow these companies that are younger with a different financial

and secondly lse, the london stock exchange in talks to ta ke london stock exchange in talks to taketo take over a non—household name, essentially a data analytics company most known in the industry and finance for running a competitor to bloomberg. big deals and i think what it shows is there's a lot of money on the private equity, you saw cobham uk defence company and private equity talks last week, a lot of deals, a lot of money sat on the sidelines waiting to do deals and we are starting to see that come through. even in that climate, there isa through. even in that climate, there is a pent—up demand for things like that, the central bank still nervous about what might happen next and will hear, we will hear from the fed as michelle touched on, we heard from the ecb last week of the bank of england and bank ofjapan this week, what are they thinking?‘ of england and bank ofjapan this week, what are they thinking? a big week, what are they thinking? a big week for central banks, the revenues will be around the fed on wednesday, what we expect the bank of england on thursday is very

kristina is back on the floor live from the new york stock exchange. king at with a couple minutes left here? >> i spoke to a trader. he said this is the longest day ever. why? it is literally wait and see. stocks popped higher the president speaking about china that could potentially be delayed. they are waiting until tomorrow to get results. we're looking at some dow leaders. we're seeing proctor & gamble, beating pretty high. that is has to do a lot with strong earnings. we're seeing pfizer dragging down. that has to do with bank cuts overall. the dow leaders and dow, pfizer, verizon, usually common once. one i was talking about with one trader, ralph lauren. sales being a problem for them. they talked about getting rid of their company jet because after cultural shift. these are little tidbits i heard on the floor this afternoon, liz. i will throw it back to you. liz: we heard that during the financial crisis. kristina, we're looking at flows. we're saying risk off, people are waiting for gadot. >> if you talk about the balance sheet. we have not br

look at the relative performance between the new york stock exchange fangs index, which includes more names it in that acronym, but is representative of the basket. mid-2018, it has actually been underperforming the s&p 500. largely because we have seen inconsistent performance among the group. i am looking at the u.s. gdp data as well. that will be very important for the federal reserve next week. as you can see, it came in at i am looking at the u.s. gdp data as2.1%. primarily thanks to the consumer. consumerent down and spending went up, and that made up for things like net exports decreasing. net exports had increased earlier in the year as a result of those tariff threats. looks like we are paying that back now. all told, a good report, lots of positive news for the consumer. perhaps a little change in the composition of gdp going forward. as we mentioned, the doj deal with-mobile's sprint. sprint executive chairman marcelo claure says it represents a good day for competition. he spoke in tokyo. >> this is going to be, i would call that a strong race to see who can provide the be

can close at these levels but let's get straight to christina p on the floor of the new york stock exchangeh today's stock business brief. >> happy friday. you got jewel coming under fire in the house this week as they classified a jewel representative came to their high school and told them that base products were "totally saf" according to a house u.s. subcommittee report the e-c ig company spent over $200,000 on youth advertising through school sponsorship and social media influencers and alt ria group invested $12.8 billion into jewel back in december 2018 not reaction to the news currently we're at almost flat today, so we've got tire giant goodyear falling flat after profits plummetted 66% in the second quarter from a year ago behind the profit slump a 5% drop in sales, in q2 driven mainly by currency swings and lower volume in tire sales. and shares dropping around almost 5% hitting a more than six-year low. the toy giant hasbro and mattel are surging after favorable results this quarter popular disney products like marvel's avengers and game model helped hasbro go ahead estimates an

tencent tolibaba and the new york stock exchange and they want chinese retailers to be a part of theheir own homegrown tech companies. there has never been a lack in china. what has been lacking has been a regulatory structure that will allow younger companies to list, but a different financial profile. kathleen: whenever something new starts, everyone is positive, but a nice story over the startd says the stars, may fade as quickly as it rises. she points out liquidity is likely to slip after an initial spurt. she said star board has yet to land any big fish. a lot of tech companies still may want to list in the u.s. or hong kong to raise money in dollars. they want to have access to taking capital out of china. what are people saying about the other side of the coin, i guess? ofina: there are no shortage skeptics. these highflying this will still want to list abroad because there is the cachet that comes with listing in the u.s., but many want to get around capital control rules in china and raise money in dollars. in addition to that many investors are concerned this could be anot

marc liverman is at the new york stock exchange with that and more. orning, marc. >>> good morning, anne-marie. notable companies reporting include netflix, bank of america, ebay, and ibm. stocks lowered. the dow was down 23 points, the s&p 500 lost 10 points, and the nasdaq dropped 35 points. >>> today family members of some bo 737 max crash will testify before a house subcommitt subcommittee. they're investigating aviation safety. other witnesses include officials from the sb and the airlines pilots association. another crash happened last year. they have grounded the aircraft worldwide. >>> a facebook executive was grilled by members of congress about libra, the social network's planned cryptocurrency. entrepreneurs have expressed serious concerns over libra including financial stability. facebook said it won't move forward with libra until it addresses concerns and seeks appropriate approvals. >>> mcdonald's is teaming up with fast food delivery startup doordash. later this month they'll start delivering mcdonald's in houston, texas. they'll also b

marc liverman has those stories and more from the new york stock exchange. truck stocks closed higher on thursday after fresh signals at the federal reserve contemplating an interest rate cut. that i was up three points in the nasdaq gained 22. the s&p 500 rose 10. the environmental protection agency isn't banning a pesticide that has been linked to brain damage in children. the epa denied a petition from environmental groups over the use of. if off used by farmers to protect crops. the move may set the stage for a federal court ruling. to his arrest is coming back. it will not resemble the supermarket -sized toy emporiums you remember. the company that bought the brand plans to a open smaller toys are us stores and shopping malls. true kids brand say they will be smaller and offer a carefully curated experience the focus on the hottest products embryo. but the first shops are expected to open in texas and new jersey in time for the holiday shopping season. that is your cbs money watch report. for more, go to cbs money watch.com. at the. stock exchange, i'm m

money watch reporter diane king hall no stories and one from the new york stock exchange. >>> stocks lost ground on friday in a shortened training session. the dow fell 43 point in the master clock lost 8 of the s&p 500 dipped 5. investors grew concerned that the federal reserve may not lower interest rate this year to keep the economy humming. on wednesday, we will get minutes from the feds meeting last month and that could provide clues about the next moves. >> reporter: germany deutsche bankÑ flashing 80,000 jobs for 2022. they plan to leave the goal treaded a good a business move leaves barclays as a last powerhouse to circulate compete at goldman sachs and jp morgan change. >>> starbucks doing doing crisis management is a an employee at a tempe, arizona sarcastic, police officers to leave. the officers who were on a coffee run say they were told the customer felt unsafe with them their. incident went viral and starbucks apologized over the weekend. that is your cbs money watch report. for more go to cbs money watch.com. at the new york stock exchange, i am diane king hall. >>> 2

diane king hall is at the new york stock exchange with that and more. morning, diane. >> good morning, anne-marie. feds chair jerome powell will testify today and tomorrow. minutes from the fed's june meeting are also out this afternoon. yesterday stocks ended mix as investors look at whether investor banks will cut its key interest rate. the dow lost 22 points, s&p 500 added 3 points, and the nasdaq picked up 43 points. >>> it's been a tur lent year for boeing. their deliveries tumbled 37% in the first half of 2019. the company is struggling with fallout of its grounded 737 max jets which were involved in two deadly crashes. for the third straight month boeing indicated it received no new max orders in june after halts shipments in march. meanwhile airbus deliveries take off, rising 28% from a year earlier. >>> on the ground uber passengers can now enjoy the sound of silence and more leg room. the ride-hailing company has launched comfort rides in dozens of cities nationwide. for an extra fee that can get 36 extra inches in newer cars and request chang

wendy gillette is at the new york stock exchange with that and more.d morning, wendy. >> good morning, anne-marie. gdp data will be released today, giving investors a first look at economic growth in the second quarter. on the earnings front notable companies reporting today include twitter, mcdonald's, colgate polmolive and pharmaceutical giant abbvie. stocks closed lower with designs on tech shares. the dow fell 128 points, the s&p 500 lost 15 points, and the nasdaq lost 82 points. >>> apple will acquire intel in a billion dollar deal. intel can develop modems for devices that are not smartphones including personal computers and autonomous vehicles. apple was already buying intel modems for some of its iphones. the company will get 2,200 intel employees plus intellectual property and equipment. >>> four automakers reached a deal with california to set stricter air pollution and gas mileage standards than the trump proposal. ford, bmw, honda, and volkswagen signed the deal to increase gas mileage and greenhouse gas emissions requirements. they pushed

bloomberg. ♪ emily: in china a trading frenzy dwripped the open of the country's new nasdaq style stock exchangecompanies that made their 140%. rose an average of that was done in homes of not losing new companies to the new alibaba. the to be exchange has worked with many of the top tech start ups. >> a roaring start it is, but it is well expected given all antsdpation and limited supply. i am not terribly surprised by the first day performance. but i think that is the beauty of a new market. it is going to take some time to settle down. we definitely see more supply in the company in the pipeline. it is a new market, a little bit of enthusiasm is not bad, but longer term, the anniversary will become more rationalized >> this is not the first time they have tried to create new regulations. we saw the boom and bust in 2017. what is different this time? >> the difference is a well defined time table and all about disclosures in the end. meeting about you certain requirements. at the end of the day it is about disclosures. that is the process for us, who represent a lot of tech companies. tually i

diane king hall is at the new york stock exchange with that and more. ng, diane. >> good morning, anne-marie. >>> well, on the economic calendar data will be released today. stocks stalled friday amid dampened expectations that the fed will cut its key interest rate. dost 5s, and na >>> as a part of a sweep, deutsche bank announced it is pulling out of equity sales and trading business. the giant will slash 18,000 jobs by 2022 including downsizing its investment banking division. the german-headquartered bank plans to slash $25 billion in total annual operating costs as it focuses on businesses with steadier earnings such as corporate customers. >>> meanwhile alt air pharmaceutical is issues a recall over its eye drops and ointments because it may not be steri sterile. many brands are included. the items are sold at walmart and watt greens. there are no reports of adverse effects. >>> and "spider-man: far from home" dominated the box office over the weekend. the sony sequel raked in more than $93 million. >>> at number two disney and pixar's latest insta

at the new york stock exchange, diane king hall. >>> it is 40 minutes before five, and it looks like it will be similar to yesterday. >>> is not a little bit warmer especially in the and. you see the sunshine and temperatures continue to warm up warm up through the week. seasonal daytime highs today, exactly where we should be. here is a live look at the san jose camera. you can see the cloudy start to the day. and san jose euros 60 for degrees. warmer compared to yesterday at this time. the mid 60s in concord 260s in oakland. tabor city for san francisco and santa rosa. just how much more are we this morning. 30 degrees warmer compared to yesterday morning looking at 9 degrees warmer in livermore. seven and san jose. for degrees warmer in oakland and looking at for degrees warmer for half moon bay. 8 degrees warmer with the 24- hour temperature change in concord. is the visibility. we are tracking cloudy skies and foggy conditions part of the bay along the coast and in the and as well. we see the excel extensive cloud cover breezy and spots with told mile-per-hour wind tennis emphas

diane king hall is at the new york stock exchange with that and more. morning, diane. >> good morning, anne-marie. federal reserve chair jerome powell will return to a second day of congressional testimony today. yesterday stocks paired gains but ended higher as the fed chief himmed eight a rate cut ahead. the dow rose 76 points, the s&p 500 gained 13 points, and the nasdaq added 60 points, closing at a record high. >>> flower foods, one of the nation's largest producers of packaged bakery goods is voluntarily recalling more than 50 bread products including hot dog and hamburger buns. the items may contain pieces of plastic. brands being recalled include erread.taed7 e, no injs port anilgovern andrew e g wochons a no illegal to payom less based on factors such as gender identity, race, or religion. >>> and forbes is out with its annual ranking of its 100 highest paid celebrities for 2019. topping the list released yesterday, taylor swift raking in $185 million. she was helped along by her reputation tour, grossing over $266 million, making it the highes

dan king halt at the new york stock exchange with today's in money watch report. >> reporter: the broadest benchmark of u.s. stock stocks set another record another major indexes based finishing higher yesterday. the belle rose 69 point took the nasdaq gained 17 and the s&p 500 added eight points per cost democrats have filed a lawsuit to obtain the president tax returns. the lawsuit comes after months of requests the house ways and means committee. mr. trump has kepthis returns under wrapstanding presidential tradition. the president lawyers spotted to the lawsuit by saying they will fight the latest efforts in court. >> fireworks sales are expected to top $1.3 billion this year. that is according to the american pyrotechnics association. the fireworks business receives most of the revenue in the lead up to the fourth of july holiday. the revenue has search between consumer and the fireworks that are used in fireworks display shows. >>> miller brewing company is giving away 100,000 free beers because team you see be england and the women's world cup. the miller light twitter account made

diane king hall is at the new york stock exchange with that and more.ood morning, diane. >> good morning, anne-marie. federal chair jerome powell said they're in a good place and they're prepared to do what it takes to keep it there. he made these comments before a house pam the previous day signaling a possible rate cut ahead. the dow and s&p 500 rallied on the news setting new record closes with the dow closing above the 27,000 level for the first time. by the close of trading the dow soared 227 points, the s&p 500 gained 6 points while the nasdaq actually lost 6 points. >>> watch what you say. google is listening. they listen through google assisted devices such as google home and android software. google claims just a fraction are reviewed by humans tolaof evhenot using assistant. >>> new finding revealed ford launched two vehicles and was selling them even though they knew they were defective. it shows the automaker received thousands of complaints about its fiesta and focus. festivas and focuses lose control on freeways and intersections. at least

wendy gillette at the new york stock exchange.lot, wendy. >>> still to come, actress valerie harper takes a turn for the worse, the latest on her fight against brain cancer. the worse, the latest on her fight against brain cancer. your. but quilted northern is not a robe. it's just really nice toilet paper. jill jill has entresto, and a na heart failure pill that helped keep people alive and out of the hospital. don't take entresto if pregnant; it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren or if you've had angioedema with an ace or arb. the most serious side effects are angioedema, low blood pressure, kidney problems, or high blood potassium. ask your doctor about entresto. where to next? >>> here's a look at today's forecast in some cities around the country. >>> a texas teenager is being called a hero after saving a child viciously attacked by a dog. the incident was captured on surveillance video. 6-year-old mason lindeman was ide playing on sundaam after hi. 19-year-old gr

diane king hall at the new york stock exchange. you so much, diane. >> you've got it. >>> you know where they haven't found a problem finding love? kansas city. still ahead, a hospital in kansas city sees a baby boom among its nurses. ♪ ♪ ♪ the first ever corolla hybrid. let's go places. you may have gingivitis. when you brush, and the clock could be ticking towards bad breath, receding gums, and possibly... tooth loss. help turn back the clock on gingivitis with parodontax. leave bleeding gums behind. parodontax. ocean spray farmers harvest we save every drop of rain. study every bite of frost. because the good things we dtoday can help harvest a better tomorrow. ocean spray. harvest goodness. >>> here's a look at today's forecast in some cities around the country. >>> there is a baby boom going on at a kansas city hospital. at one time this year, 36 nurses who work in the neonatal intensive care unit at children's hospital were pregnant. so far there have been 21 deliveries, 19 boys and two girls. the nurses help save the lives o

strike on prime day, and why there may soon be a bible or diane king hall is at the new york stock exchange more. good morning, diane. >> reporter: good morning, anne-marie. second-quarter earnings season kicks off with pepsico set to report before the bell. levi strauss also reports today. stocks retreated yesterday amid uncertainty over whether the fed will cut its key interest rate. the dow tumbled 115 points. the s&p 500 dropped 14, and the nasdaq fell 63. >>> some workers at an amazon warehouse in minneapolis say they'll hit the online retail giant with a strike on its heavily touted prime day which begins next monday. e ribeorganid by a group advocating for somali and east african workers. employees at amazon's nonunion facilities in minnesota began complaining publicly last year about harsh working conditions there. >>> meanwhile, to accommodate the growing trend of online shopping, kohl's will begin accepting amazon returns at its more than 1,100 stores. the retailer will pack, label, and ship the returns for free hoping it will benefit millions of shoppers and draw customers into i

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