something like 220 new highs in the new york stock exchange.s the breadth of the recovery and general technical condition of the market is one of the best attributes in terms of representing this sort of flow of funds that seems like it is very supportive. i think it is time to say have we skirted the supposed enough seasonality. people sort of front running what's typically a strong summer for election years really just taking a lot of i think comfort in the fact that yields have done what they've done and coming off the highs, but we have given back about a quarter of that decline in the 10-year yield over the last few days you have to watch it all overall, you have to say, market continues to pretty much win the benefit of the doubt. >> financials are worse today. >> yeah. >> if nothing else maybe ceo of jpmorgan, jamie dimon, just causes you to sort of reassess the performance of stocks like his. >> for sure. and, in fact, you're seeing that in other parts of the market too. stuff that has had a nice run and nothing really fresh is out ther

disney shares were down more than 2% in afternoon trading on the new york stock exchange. universities in the us have been charged with stealing $25 million in cryptocurrency in 12 seconds. the students educated at the massachusetts institute of technology are accused of wire fraud and money laundering. the us department ofjustice says the alleged heist is the first of its kind. we will be back in the next hour, stay with bbc news. hello, and welcome to sportsday — i'm will perry. coming up... scottish premiership champions once again — celebrations for celtic after securing league title number 5a. chelsea's charge towards the europa league continues with three points at brighton. and we're closing in on fight night in riyad, as tyson fury and 0lexander usyk hope to write their name into boxing history. celtic secured a 12th scottish premiership title in 13 seasons in some style by thrashing kilmarnock 5—0 in what was quite possibly their best performance of the season. brendan rodgers' side neded just a point from their final two games of the season.

softbank is the main shareholder of the uk chip designer arm holdings — which listed on the new york stock exchangeear. there is huge excitement around arm's plans to get into artificial intelligence chips as this expert from the asian development bank insitutue explains. i think this is really important because they are also providing services to a large us —based company. services to a large us -based company-— services to a large us -based company. services to a large us -based coman . ~ , , , company. and it is very good, this uk arm holdings. _ company. and it is very good, this uk arm holdings. ai _ company. and it is very good, this uk arm holdings. ai is _ company. and it is very good, this uk arm holdings. ai is so - company. and it is very good, this i uk arm holdings. ai is so important so with this kind of advantage, i think there is a very strong feature in the area of ai. we are used to hearing how bad being online can be for our mental health. but a new report from oxford university has found that the internet can actually increase our sense of wellbeing. it analysed data from two mi

disney shares were down more than 2% in afternoon trading on the new york stock exchange. has emerged as a top destination for global travellers, according to mastercard economics institute's latest travel trends report.japan leads the top spot, welcoming a record 3 million international arrivals — mainly due to a favourable exchange rate coupled with the popular cherry blossom season. ireland, romania, italy and spain rounded off the top 5. as for the rest of the top 10 destinations, a number of them are in this region, including australia, south korea and indonesia. mastercard's asia pacific chief economist, david mann, says despite the high cost of living, customers are willing to spend money on holidays. i think it is one of the big things that's been going on ever since the end of the covid pandemic which is been this preference for experiences and the of the list, even during the of the list, even during the pandemic where people were always thinking about and dreaming of, was to keep getting back on to travel and so we have seen this big pick—up in travel particular

sara eisen with carl quintanilla and david faber, live as always from post nine of the new york stock exchange rebound here, led by rebound, energy, health care and utilities financials as well the dow up 32 points after yesterday's big slide off salesforce information technology is swinging between gains and losses nvidia is higher some of the software names are lower. take a look at treasuries right now and what i would call a market and bond friendly report from the pce which we'll talk about the 10-year yield. below 4.5% 4.49% and the 2-year yield inching farther than the level definitely buying of treasuries as we end out the week, a week where stocks are lower the s&p down about 1.3% so far this week. 30 minutes into the trading session, here are three movers we're. dell shares slum mgping. costco, pulling back from record highs. the company's quarterly profit, revenue and same-store sales beating estimates and the company has no immediate plans to raise membership prices or the price of their 1.50 hot dog combo. the stock giving back 2.5% the move on gap surging after sales grew at all

seems chairs, but at the same time, this growing session, tea on new york stock exchange, there's a major financial collapse is imminent, on site from feeling kind of quite boy don't by saying the rolling stones, you know, kind of a, went to bed that night. kind of feeling that we're just about to potentially blow up it's amazing is in taking place on the brink as an a big the exclusive stones performance reported the costs more than $4000000.00. the up on the 32nd floor deutscher bank use of come on we'll see you at the time is a to make it the world's biggest back had left him reliant on the world of investment bank. and so he turned a blonde on to start jessica pates. was there any findings in contempt? did you know about this concept of research was because i don't think so. i didn't think of, well, perhaps i knew there was a concert, but i wasn't involved. they might as well as like, play the game under a massive sign sign. this is the thought it to. so this is a kind of emblematic of the so the slight madness of the banking industry. such opulence is now ancient history and use of i

michael santoli is over at the new york stock exchange. >> reporter: indexes making record highs are generally a feature of a strong, underlying trend. trends tend to persist. it's not necessarily the case when we get to a big number, all of a sudden you have have to start raising the alarms. the dow does hit one of these round number thresholds, although who knows if the several size is big enough. to me, what matters is all the inputs that you would look for are also generally also in a positive state. earnings are high, and also forecasts going higher. credit conditions extremely strong, and it seems as if the market believes the economy can with stand, let's say ten year treasury yields in the four's. to me, the argument is, are we paying too much for this happy scenario in the short term, and not accounting enough for the variables that could come along, such as whether the slow down we're seeing in some consumer activity, domestically, is not just this happy deceleration to a strong landing, or something worse. and the other things that could just throw things off course. to me

i'm scott wapner live at post 9 at the new york stock exchange with inflation-eve and tomorrow's pce, and the market on edge ahead of it and we'll ask expert bhs what it means an with 60 minutes to go in regulation, we are red today across the board and it is the dow that is the biggest loser and it's a salesforce problem, suffering its worst day in years after it turned. take a look at that, down more than 20% and other cloud software names like servicenow, they're a mess, too. look at that. that's down near 12%. elsewhere, most s&p sectors are actually green today, all, but two and small caps are outperforming. yields are down and that's a big part of that story. it does take it us to the talk of the tape, the forecast has gotten more narrow. is that a sign of an unhealthy market or another taking another well-deserved breather? let's ask dan greenhouse, strategist for asset management. welcome back. >> thank you, sir. what's the market? we are down, pacing 1% on the s&p and yields are down today, but they've been backing up and they're nervous. what's going on? >> listen, we've had

live from the new york stock exchange. this make or break hour begins with another sticky read on inflation, failing to do much damage if any today. fed share powell speaking in europe. he called today's report mixed instead of hot. it means all eyes now turn to tomorrow morn's cpi for more chews on what the fed might do and when. with all of that as the backdrop today, stocks are not that far from new highs, in fact, we got a little bit of a surming as we come on the air in the final stretch. s&p500 is 10 points away from a new closing high. we will ask your experts over the final stretch including that man right there, tom lee. he will join us in just a few. >>> let's look at the scorecard with 60 minutes to go in regulation, a brood day, way more up volume than down. nasdaq, too, 16,508. that would be a new closing high. there is the s&p, we are 9 points away. how about the meme stocks, they are off to the races. gamestop, amc and blackberry. and tech it is outperforming on a day yields are lower. now go up 1% as yields

he's announcing a $3 billion data center project with microsoft in raci new york stock exchanger. he will be talking up the -- racin if e. to the markets. the trend this morning is to the downside. it's not a champ eloff, dow off 50, but the nasdaq is down, what, 103 points premarket. interest rates, not much change there. the 10-year yields are at 4.49%, just below 4.5. the 2-year around 4.84 at last count, it is right now. bitcoin, $62,000 a coin, and we have oil around $77 a barrel. no change for gas, you're looking at a $3.if 64 for a gallon of regular. diesel, though, is down one cent, $3.96. gold still hovering around $2300 an ounce, 2322 right now. >>> politics. trump is having fun with his vice presidential pick. he's not saying yet who gets the nod. he's kind of spinning it out. he does say he wants somebody, quote, who is really good to take my place if something happened, okay? on the show today, biden's plan to bottle up trump in court not going well. the documents trial has been postponed indefinitely. it could be there will be only one trial before the election, and

let's get to the floor show with john corps pima from the new york stock exchange and oper hymen asset management -- oppenheimer asset management john stotle fuss. john corpina, i will start with you. we already are looking at a very strong market year to date on every level of the indices. do we even need a rate cut in and once we get it, will it have not the intended effect a lot of people expected? >> liz, we've been talking about this a long time, and the runway we had here in front of us gets longer and longer. at the end of last year we started talking about when is the fed going to cut rates. it keeps getting kicked and kicked. we were all convinced it was june. june is now september. septembers, i'm not convinced they're going to do anything before the election, gets us to december, the real key dates that are there. so i think the market is slowly pricing in a rate cut, it's just a question of when is that a going to the happen. i was convinced it was happening in '24, i'm starting to slowly turn my tune here that it's going to be pushed out longer. but, yes, look at what the

. >>> welcome to "closing bell" here at the new york stock exchange. the great market bounceback, and whether you can believe in it. we'll ask our experts over this final stretch that very question. in the meantime your score card with 60 minutes to go in regulation, looks like that, solid day for the majors, picking up as we enter the final stretch, russell 2000 if small caps are the outperformers today, why? well, interest rates. they've been calm, that's helping that trade. tech also strong as several mega cap names in the green today, including nvidia, back above $900 a share, $920 to be exact. apple puts a touch lower after be berkshire hathaway cut for tax purposes, and strong day for uber, after the company holds its annual meeting. we've given you highlights on this day, it does take us to our talk of the tape, the rebound, and whether you can trust it. let's ask our panel, dan greenhouse with asset management, stephanie link, and steph and court are both cnbc contributors, everybody at post nine, having a little party over here. steph, can you

. >> and a live look at the big board of the new york stock exchange.n about 335 points right now. another update on the markets next. >> why it was nearly a deja vu for the giants seven years to the day of this benches clearing brawl. kumasi was there to see it. ooh, i ooh i didn't see this one. you didn't see this one. >> she saw the one yesterday that turned out not to be this. thankfully it was not this bad. >> you're right. the hair is good. that's not the point of this story. right. and people should not fight. right. so that's good right. >> let's go to sutro tower this morning where we have sunshine out there. the headlines for the next few days. it's another warm one today it's sunny and summer-like for the weekend outlook. we turn slightly cooler, but we still keep clear skies and the extended outlook for much of next week, we're turning up the heat once again. that warm sunshine is here to stay, so just looking at the next 24 hours around the bay shoreline, you can see we'll go into the upper 70s and lower 80s for daytime highs. so it is a li

welcome to closing bell, i'm scott wapner, live from post nine here at new york stock exchange. this make-or-break hour begins with a make-or-break moment for this market. nvidia's earnings as dom was saying in an hour from now, rarely has one stock mattered so much. which is why over the final stretch, we'll size up what is really at stake this evening. >>> in the meantime your score card with 60 minutes to go in regulation. well it looks like this. we were green, well tech was green. some of the other sectors were green as well. fed minutes though, they're a little hawkish. market didn't like it very much. so we do have a bit of a selloff on wall street at this hour. a couple of stocks to note specifically lulu and target. well, they are down sharply after their earnings reports. those reports only raising more questions about the state of the consumer this afternoon. it does take us to our talk of the tape. where stocks are likely to go this evening in overtime. let's bring in our experts. a cnbc contributor, josh brown. ceo, cofounder. and also a cnbc contributor of the star

increase liquidity, because the largest transactions with the precious metal are made on the new york stock exchange. dictated, in fact, this was for two key reasons: firstly, for security reasons, the second point, which is also important, is due to the fact that... the value of gold after the abolition of the gold standard was low, and maintenance costs were significantly higher than the price of the metal that needed to be stored. the wave of gold repatriation from the united states began with european countries. in 2013, the german bundesbank withdrew 300 tons of the precious metal from the country to return it to a storage facility in frankfurt am main. the dutch central bank returned 120 tons of gold to amsterdam. in 2019, turkey completed the export of reserves. these were bars weighing 28 tons, 5% of the country's total gold reserves. this year repatriation resumed with renewed vigor. in the first 4 months, the decision to evacuate their gold reserves from the united states was made by saudi arabia, ghana, cameroon, senegal, algeria, egypt, south africa and nigeria. each country represents i

. >>> chinese ev maker zeekr debuting on the new york stock exchange exchange at $21 and surging 35% , the warm reception coming two years after the ride hailing giant adidi was forced to de-list from the new york stock exchange what a change in events here tim, i go to you, the ambassador. >> it is fascinating that we're seeing chinese ipos, and it is fascinating that they are in some of the leading edge technology sectors and these are companies that actually have the ability to bring the financials and the transparency into their business, at least they do now the fact is, after this ipo, a $6 billion market cap, the same size as lucent, and we are starting to hear, and the sure size of the market, there are growth names that people are coming back to for the first time it is fascinating. >> why are we seeing it? it begs the question, why the different between the two? >> a change in beijing. >> i think it is all political and so maybe it is to that point, that it is just rhetoric right now, because when he put a steel or a aluminum tariff, they don't sell that much steel and alumi

. >> and you're looking live at the big board at the new york stock exchange.ow is up about 65 points. >> it's a big day for the wnba. the highly anticipated season kicks off and we know the name of the new bay area team. the colors, the logo. we're going to show it to you. but first here's drew. >> hey, reg, we'll take you to san jose this morning. a live look outside. we have those clouds with us in the airport is reporting overcast skies right now. current temperature of about 56 degrees. really light winds out there and high humidity to start our day. here's the out the door forecast. you do notice we have a lot of cloud cover. at least through 10 a.m. this morning around the bay shoreline. then after that we'll see that sunshine start to break out in those temperatures, beginning to climb into the low 60s right around lunchtime. here's live doppler seven along with satellite low pressure over southern california is supplying us with that deep marine layer up and down the entire state's coastline this morning, and we will have a wide range of temperatures a

and now we take a live look at the new york stock exchange as trading gets underway this morning, youre down about 63 points at. apple is reportedly working on a slimmed down iphone . it could be available next year, according to a report by media company the information. the potential thinner version is likely to be priced higher than apple's iphone pro max, which is currently over a thousand bucks. it's expected to be launched with the iphone 17 in september of 2025, the report says. apple is still testing different designs for that device. there's a bit of a buggy phenomenon taking over a rural part of northeast nevada. that area is being swarmed right now by crickets. >> video shows tons of them just taking over roads, fences and buildings in small towns. they're known as mormon crickets, usually emerging during the dry season. they got that name after they infested mormon settlers fields back in the 1800s. now in large numbers, these insects can potentially damage crops and water supplies. >> are they can we hear them? thank you. >> i don't want this for me. i'm good. >> not cric

. >> and you're looking live at the big board at the new york stock exchange.wn about 14 points. >> rap beef now the focus of a shooting investigation. what we're learning about the shooting outside of drake's mansion in toronto. >> then stay with us for our live streaming show at seven. and one of the most familiar faces in hollywood, actor and comedian bruce bruce. >> vilanch, vilanch. >> i'll be talking live. >> yeah, reggie will be interviewing him to talk about his performance happening right here in san francisco. but first, let's check in with drew. >> a lot of be a good guest outside this morning. we have our east bay hills camera showing you it almost feels like a summer morning out there. we have sunshine, some mild temperatures right now, some areas starting out in the low 60s. so taking a look at our forecast highs versus average today in the first column. this is where we'll land later on in the afternoon 70s and 80s. widespread average this time of the year is in the 60s and low 70s. so in some cities will be about ten degrees above average. today

take a live look now at the new york stock exchange as trading gets underway this morning.e up about 160 points. miss janet jackson getting a special gift on her birthday. >> her life and her music are being celebrated in a new comic book. comics has added the rhythm nation singer to its female force series. the 22 page comic book follows her journey from a child actor to a music superstar. it also touches on the infamous 2004 super bowl halftime show incident that significantly impacted her career. the comic book will be released next week on her birthday. that's may 15th. >> i need to apologize. i don't know why, i just i just read like a dummy. miss janet jackson , it's miss jackson. if you're not famously, it's miss jackson. if you're nasty. >> right. i interviewed her when she was just a kid. >> when she was a kid? >> yep. which is portrayed in this new comic book. >> oh, wow. >> so she was michaels. well, she was just getting started in the music business, and she wanted exposure. she didn't want to be known as michael's little sister, but of course, that was the obvi

now we're going to take a live look at the new york stock exchange as trading gets underway. up about 145 points. >> the queen of pop was busy over the weekend, breaking some records and you know who we're talking about. madonna just finished up her celebration tour in brazil. around 1.6 million fans were there as she sang for the crowds on the beach in rio de janeiro. according to live nation. it was the largest stand alone concert by a single artist . the rolling stones had the prior record from a concert held back at the same venue in 2006, the queen, the same venue. >> brazil just really puts on a show. >> yeah, amazing. >> and by venue they just mean the beach. okay i'm like, is there like a specific area? they literally just set up this enormous stage and then blocks and blocks and blocks of people packed in with these screens every several hundred feet so that people could actually see and hear what was happening. amazing. i don't know if anyone other than rio could do it. >> yeah, they know how to party. how fun. yeah this morning it is going to be a nice looking day.

. >> and here's a live look right now at the big board at the new york stock exchange.e're up right now by about 225 points. another update on the markets next. >> plus, we know the real reason you're watching us this morning. dogs as we have all the pup daetz tails and ruff moments from the westminster dog show. anyway what is carly rae jepsen's favorite song about dogs? drew it's carly me maybe. i know exactly who wrote the story, don't you? more dogs, but it's really the delivery. it really is. >> and you nailed that, my friend. here's a look outside from our exploratorium camera. the city right now coming with a temperature of 54 degrees. it is quite cloudy out there this morning with our marine stratus layer overhead. humidity is high in the winds. they are light. so taking a look at our highs today versus average in the first column. this is where we'll land later on this afternoon. the second column is typical temperatures for this time of the year. you can see we'll be several degrees above average in our warmest spots today. we'll have a pretty wide range of te

and we're taking a live look right now at the big board at the new york stock exchange.e're down about ten points right now. another update on the markets next. >> and it's not falcon friday just yet. but we do have an update on annie the falcon and her new baby's. annie, are you okay? look at him first. here's drew. >> they look okay here is your out the door forecast as you're waking up this morning. very similar to the past couple of days. we have that morning marine layer. we'll see more sunshine closer to 10:11 a.m. that's when the fog really breaks down. that's when temperatures start to warm into the 60s. we'll take you outside live. look at san jose, a little bit of sunshine peeking out through some of these clouds. it is mostly cloudy right now in the south bay. we're at 57 right now in san jose, and in fact, most of us starting our day in the 50s. here's future weather. let's time out that marine layer breaking down by 9 a.m. this morning. it's still hanging with us through the delta, across the city, and even as we head later into the afternoon, i think it's g

elon musk has signaled that he is not finished making cuts and taking a live look at the new york stock exchangetrading gets underway, you can see that we are up this morning more than 500 points, and we are calling this next story falcon eats sandwich because a man lost his lunch to a bird. >> it happened in japan. take a look right here. the unwanted guests swooped in and grabbed that sandwich from the man's hand. slow motion video shows him unwrapping and taking a bite before the falcon flies in and takes it. people on social media had a lot to say about this. one person wrote. you could have really gotten hurt. you're lucky it was so precise. amazing >> now, it wasn't a falcon, but this happened to me. it was a it was a seagull that happened to me with a seagull. >> oh, really? >> uh- vacationing at the jersey shore. you learn to eat any food under an umbrella. >> mm'hmm smart. >> but i was just like this, right on my hand. i was like, but it's incredible. >> we record ourselves so often now that he got this on camera. >> why are you recording yourself eating a sandwich? >> that is odd. >> i

i'm scott wapner live from post nine at the new york stock exchange this make or break hour begins withhe markets on edge as critical inflation data looms large. the recent rally back from the april lows potentially hanging in the balance we will ask our experts over this final stretch what is really at stake this week with the release of ppi and cpi reports. our guests today including sara naison-tarajano in goldman-sachs. in the meantime, take a look at the scorecard. we're still less than 1% away from those new all-time highs. may not get there today. we're led by apple and some of those higher beta growth names and we're watching alphabet shares closely today as openai refreshes its chatgpt chat bot, what it means for investors as well >>> in the broader markets, well, most s&p sectors seeing modest losses today. small caps are outperforming yields are down. so, what else is new the russell is up. we'll watch that over this final stretch. it does take us to our talk of the tape, whether the bull market is at serious risk or not. let's ask dan greenhaus, chief strategist for solis yo

now a live look at the new york stock exchange as trading gets underway, you can see that we're up slightly 30 points. >> a man on a skateboard came out with a pretty creative way to walk his energetic dog and beat traffic. >> at the same time, he used his furry friend to speed through the streets of oregon. and here's a video someone in a car took this video. it shows the dog on a leash towing his human down the sidewalk on a skateboard in portland. the woman says she spotted the pitbull going in circles on the sidewalk, waiting for the light to turn green. and once it did, they took off. that is really harnessing that energy. >> she really is. i actually see this on my rollerblades. with my with your dog. yeah. oh, really? get me to and from, really? yeah. go from my house to main street. >> so with your rollerblades on, you're approximately the height of big bird. >> yeah, well, this is what i was a teenager, so, like, not as tall as i am now, you know, but more gangly. >> six, two. so it was more like 510. got it. >> because now we legally can't do rollerblades. do you understand that?

>> and you're looking live at the big board at the new york stock exchange. down slightly about 15 points. we'll check again in just the next couple of minutes. california just had a major moment when it comes to covid 19, something that hasn't happened in nearly 1500 days. but first, here's drew. >> hey there. time now approaching 641. we're taking you to sutro tower about 1400 feet up, where we do have a little bit of cloud cover this morning. partly cloudy skies right now across the city. 54 that current temperature. in fact, most of us starting out our day in the low and mid 50s with just a light breeze out of the west looking at your pollen index tree pollen remains high. grass pollen remains at medium levels. weeds and mold continue to stay low. keep you updated on that, but looks like nothing's going to change over the next 24 hours. here's future weather as we go. hour by hour. some patchy cloud cover along the coast will break down for sunshine close to noon everywhere else. we have a sunny start out there and temperatures in the 60s and 70s by noon.

taking a live look at the new york stock exchange as trading gets underway this morning, you can seeout 114 points. >> well, if you think that fast food is getting too expensive, you aren't alone. now, some companies are even responding. mcdonald's plans to add a $5 value meal to its menu. the chain has faced major backlash from customers due to rising costs of certain food items. >> a big share of mcdonald's clients are low income consumers, and so those people, low income consumers, are really feeling the pinch right now. and maybe they are not necessarily eating at restaurants. maybe they're just eating at home. >> applebee's and chili's are currently offering bargain burgers and other discounted food options to make up for revenue losses. fast food prices in march were 33% higher than in 2019. >> such an honor over the weekend for a project, abc7 news played a big role in our america how i am meant to be one for outstanding tv journalism, long form at the gladd media awards, and accepting anchor gio benitez from gma and abc seven's own executive producer ken miguel. yay this spec

and taking a live look at the new york stock exchange this morning as trading gets underway, we are significantlys. >> a historic change to our national pastime, major league baseball is incorporating statistics from the leagues, which started playing more than 100 years ago. hall of fame catcher josh gibson, who played in the 1930s and 40s, will now become the mlb's career leader in slugging percentage. former giant barry bonds now moves down the list and updated version of major league database will be made public before the cardinals and giants play a tribute game to the leagues next month. bonds is still the all time home run leader there, taking the bay area by storm, and they have even played a game. >> the golden state valkyries have now received more than 12,000 season ticket deposits. the team has also received more than 4500 individual ticket deposits since launching the team's brand. that means thousands of people will converge regularly on chase center when the purple and black start playing here in san francisco, the team makes its debut in the wnba in 2025. >> this weekend, people a

chase says the changes will be available this summer. >> taking a live look at the new york stock exchangetrading gets underway on this friday and you can see that we are up about 39 points, the dow briefly topped 40,000 yesterday for the first time ever, but it ended below that mark. >> new this morning the dream of pandas coming to san francisco hitting a political roadblock. according to our partners at the sf standard, a three person committee at the san francisco board of supervisors voted yesterday to postpone the mayor's request to allow her to ask for donations from political donors. she says the donation will only go toward the pandas. some supervisors, though, believe this is a conflict of interest. breed's proposal stems from her visit to china, where she secured two pandas to come to northern california. the city needs to raise about $25 million to get these animals >> oh, we're coming. >> take your time. >> don't worry. the pandas take your time looking at the pandas. take your time, girl. hello. we're here. >> take your time, girl. just to be clear, that was directed towards

. >> and we want to take you to a live look at the big board at the new york stock exchange.t seems we're up 138 points. another update on how the markets are doing next and recount over which candidate came away victorious by just five votes in the district 16 race. >> here's drew 640 this morning. reggie will go to sutro tower this morning. pointed at the golden gate bridge. current conditions across the city are at 53 degrees. that's sunshine, but a northwest wind at 14mph will pick up as the day goes on, and these winds will turn gusty area wide by about 4 or 5 p.m. we'll see those winds between about 20 and 35mph. we have a lot of sunshine on the way. here's a look at the forecast. region by region. inland, we are in the upper 70s to 80 degrees with sunny skies around the bay shoreline. it is a bright one and it's a warm one in the low 70s. and along the coast we'll find the strongest winds and temperatures in the upper 50s to near 60 degrees. the pollen forecast grasses are still high, trees are still medium, and mold is low. no change. unfortunately for allergy suffere

and now we take a live look at the new york stock exchange as trading gets underway today, you can seet we are down about 60 points as a special tribute made on memorial day to those lost at sea. >> some call it the silent service, also known as submarine veterans. there was a solemn service on board the uss pampanito, which was docked at the corner of pier 45 at fisherman's wharf. the ship served six deployments during world war two. yesterday the submarine hosted a ceremony to honor those who never returned to port. >> those lives that are lost, it's hard to even imagine and so that's why we celebrate and memorialize on memorial day today, those lost servicemen >> this memorial day tradition started after the war, when 52 subs were lost, along with 3000 crew members. each of the subs got a special tribute. >> a long time east bay resident trying to help build a better bay area, we found a local navy veteran now inspiring so many around him. walking is what keeps 88 year old veteran pete estabrook going. he leaves his senior apartment each day to hit local trails with a goal of 7000 s

. >> a live look now at the big board, the new york stock exchange, up about 100 points right now.nother update on the markets next. >> and you can own your very own atlantis right here in the bay area. we're going to show you a property for sale that is entirely underwater. but first here's drew. >> that's fascinating. let's talk travel. if you're heading to the airport today, just know that chicago is going to be dealing with some severe weather later on this evening. after about 5 p.m, thunderstorms will be rolling through, so we could have some issues at o'hare and midway. some light rain in seattle this morning. otherwise, most of our major hubs are looking good as we take a look at the holiday forecast. saturday is going to be the coolest day of the upcoming weekend. morning clouds give way to sunshine. sunday will lose a lot of that morning cloud cover. it's a brighter day. we'll also start to warm up just a little bit, and monday will be the warmest of the three days. lots of sunshine for memorial day and temperatures pretty close to average this morning from our explorator

. >>> i'm scot wapner live from post 9 here at the new york stock exchange. this make or break hour begins with rising rate fears and whether this record setting rally is about to be derailed again. we're going to ask our experts over this final stretch that very question, including super investor josh friedman who joins us in just a bit. your score card with 60 minutes to go in regulation, yields backing up. that continues to be the story teed today. awfully close to 5%, the ten-year over 4.60. jamie dimon saying 6% not so farfetched. we'll discuss. if there's one bright spot it continues to be mega cap tech, nvidia's surge unbelievable. it continues today, almost $1,150 a share. then there's apple higher again as well. amazon is too. that's a big part of this market story. it does take us to our talk of the tape. the battle between rates and tech. one keeping the s&p on edge. the other keeping investors buying in, so which will decide the fate of this rally. let's ask new york life's chief market strategist lauren good win, and invesco's global market strat

. >> and you are looking at the big board at the new york stock exchange. this is live. see we're down about 29 points. another update on how the markets are doing next factory of the future. >> look at what could be in store for home ownership made with a 3d printer. but first, here's drew. >> hey there time now. 640 in the big headline today is that we are set to sweat. we're going to see some of the warmest air since last october later on this afternoon. part of the reason why we're getting so warm today. we have this offshore wind, and it's pretty strong in the hills of the north bay. could see some areas gusting 30 to 50mph, and those winds are certainly affecting the hills and the east bay as well. these winds are going to dramatically drop as we head into the afternoon. so we start out windy this morning, but the winds are a lot lighter this afternoon. highs today versus average. we're going into the 80s for daytime highs. that's the first column. that's about a 12 to 718 degree above average day compared to where we typically land in the 60s and low 70s. so futur

i'm live from post nine here at the new york stock exchange. this make or break hour begins with questions about there rally. is there enough to keep stocks climbing in june, or is this market already too stretched for comfort? we'll ask our experts over this final stretch including goldman's tony pasquiariello he will be here at post nine in a little bit >>> in the meantime, your store card with 60 minutes to go in regulation the week looks like this -- the fed's favorite inflation read came in as expected. the market, though, unable to get much of a pce pop. the dow's up .29. the s&p and nasdaq are lower, too. as we said, stocks not getting much of a bump from that nor is tech. it's the weakest sector today as names like nvidia, microsoft, meta, and amazon all give a little bit back today. gap, though, is surging after its earnings, dell, the opposite direction, dropping and dropping sharply, by 19% on its outlook it does take us to our "talk of the tape." there was no sell in may and go away as the averages pace for the sixth positive month

. >> and let's take a live look right now at the big board at the new york stock exchange.ht now by about 160 points. another update on the markets next. >> now, you know i'm excited about this. tiana's bayou adventure a first listen to the song that will be playing at the end of the ride. plus >> came up and had my third child up here and i'm just in love with the bay area. it's a big, big piece of who i am. >> the legendary alanis morissette might be watching. this morning. we talk about her life here in the bay area. did you know that she's living here? i actually found out while i was interviewing her. we're also going to talk about her career, her upcoming tour. you can catch that interview during our streaming show, abc seven at seven. but first, here's lisa. >> you look excited. they're ready. >> i was so excited. look, it really was lisa. >> she's a legend. she's a queen. she's everything she is. >> all right. looking forward to that. we've got high pressure in control, but there is fog that is just formed from half moon bay to pacifica. look at all these creatures,

reacting to the nearly 20% drop in sales for stock, so let's get a live look now from the new york stock exchange, and how the dow jones is doing up about 33 points right now. trouble for ticketmaster users your personal information may have been hacked, a hacking group known as shiny hunters claims they stole the personal data of 560 0 to get master customers. they're threatening to sell it for $500,000. it remains to be seen if the threat is real. ticketmaster hasn't confirmed the breach. and they are the i. r. s says it's expanding its free online tax filing program next year direct file will be available to taxpayers with certain simple federal returns in all 50 states and washington, dc the more than 140,000 people who use the pilot program last year saved 5.6 0. 0 in filing costs. >>it isn't a jungle. it is in the jungle. >>two of >>the biggest, like >>dance >>party, >>part >>of it. >>dj skrillex and british electronic fred fred again will be playing a 25,000 person mega concert tickets for the surprise show announced monday sold out in about an hour and that's just the beginning of the mus

increase liquidity, because the largest transactions with the precious metal are made on the new york stock exchangeit was dictated. countries in 2013, the german bundesbank withdrew 300 tons of precious metal from the country to return it to the namai storage facility in frankfurt. in 2014, the dutch central bank returned 120 tons of gold to amsterdam. in 2019 , turkey completed the export of reserves. these were bars weighing 28 tons, 5% of the country's total gold reserves. this year, repatriation resumed with renewed vigor. in the first 4 months, the decision was made to evacuate their gold reserves from the united states. saudi arabia, ghana, cameroon, senegal, algeria, egypt, south africa and nigeria. each country represents important regions of africa and the middle east. what raises questions about the future of the us dollar as the world's primary reserve currency? china is one of our largest repatriates who are now taking gold. why does he do this why? other countries are doing this, which is also understandable. everyone has learned from the history with russia when our reserves. those pl

counts. >>> chinese makers zeekr prices ipo at $21 a share they will begin trading on the new york stock exchangehe symbol zk. the company revealed 2023 revenue of $7.3 billion, but a net loss of just over a billion. the company delivered 16,000 vehicles in april. not a small number gili is the owner, i guess they go 001, 002, introduced the sedan, first sedan, the 007. >> i was going to say, i'm with the 007. >> the 007 it's -- supposedly the first model 3 killer because of what is possible, 15-minute charging for 80%. 30,000 if you got a high end, it probably would be 40,000 or 50,000 i don't know what you get with the starting model but is that where -- is that where tesla really starts getting some competition -- >> i don't know if he's worried about it himself i think the people truly worried about this is not musk, general motors and ford, anybody trying to be in this business. >> they have raised concerns about it. >> the founders, what are the swedish ones, polestar and there is another one i don't know what this looks like in ten years, i really don't, with the whole -- is it still tesla

i'm carl quintanilla with morgan brennan, live at post nine of the new york stock exchange.ssignment the nvidia rally that we saw at the opening bell having some trouble competing with these higher yields after we got pmis that shows business activity growth hitting the highest level in a couple years and the 10-year back just shy of 4.5. >> we're going to dig into that this hour. 30 minutes into the trading session here are some of the movers we're watching this hour. shares of live nation dropping nbc news confirming the doj does plan to sue the company for antitrust violations we'll have much more on this developing stories and those shares down 2% big changes coming to dupont the company planning to split into three replacing its ceo more on this big mover ahead in the show, too. those shares up about 1%. finally we are watching the vaccine makers on the move following reports that moderna and pfizer are in talks with the u.s. to develop h5n1 bird flu vaccines separately pfizer rolling out another cost-cutting program setting a $1.5 billion target by 2027 you can see bot

well, at 748, another electric car company makes its debut on the new york stock exchange this morningvid vaccine, pam cook. tracking this and more in dollars and cents. >> yes. good morning. shares in novavax doubled this morning on news that it signed a multibillion dollar deal with french drugmaker sanofi. the deal is to commercialize novavax covid vaccine and to use the research and technology to develop new vaccines. the new york stock exchange celebrated an initial public offering at the opening bell this morning, zeekr, one of the chinese luxury ev companies, starts trading on the exchange today. has not started trading yet. the ipo puts that value of the company at about $440 million. taking a live look, the dow jones has maintained a gain since that opening bell rang this morning. it is up as you can see about 123 points, a third of a percent. the s&p 500 also up a little bit as well, maintaining that 5200 level. 5222. the nasdaq dropping just a little bit at this hour. the us is now germany's biggest trading partner, taking over from china combined exports and imports between