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This is -- Imus in the morning -- On the -- Morning everyone it looks like small business owners are becoming more optimistic the National Federation of Independent Business.
Says -- optimism index rose in May to 94 point four the highest level in a year.
That's compared to April's reading of 92 point one also -- of the index's ten components showed improvement -- capital spending plans.
Were unchanged and job creation plans fell.
The gains in the index suggests that while growth slowed early in the second quarter the pullback in activity will probably be temporary.
As the economy just to higher taxes and government spending cuts.
It looks like hiring a big -- in the US in the coming months according to quarterly survey by manpower group.
More employers in the US plan to hire workers next quarter than in any period since the fourth quarter.
The country's net employment outlook ticked -- one point from the previous quarter to a seasonally adjusted plus twelve.
And for the second consecutive quarter.
Employers and all fifty states Washington DC and Puerto Rico.
Have reported positive hiring plans the firm says US companies do still have concerns about what will happen next in areas like Europe or China.
About health care costs and just in general -- certainty.
-- thirty minutes away from the opening bell on Wall Street we are seeing -- sell off this morning as concerns.
About the future of stimulus measures in the US and abroad are affecting markets Dow futures are down 112.
-- down fourteen nasdaq's down two point six but out for -- preview of the trading day to come let's go over to bump but at least on the floor of the New York Stock Exchange -- Hey good morning -- -- -- US stock in this teachers pointing to a lower open abruptly three quarters of 1% to one poll.
Percentage point this morning the US dollar is just a little bit lower this morning -- talk on Wall Street.
The number one thing people are talking about is with the Bank of Japan.
-- -- -- And so they've refrained from adding to their -- -- talk about monetary policy.
The Nikkei EU's shares they all love fellow that on lack of the Bank of Japan action.
And also that it turns it turns the microscope back to the US and what will the Fed do.
Will they continue with their monetary policy status in the easy money that we've -- seeing him at that.
Bank of America is lower the banks -- most part are pulling back.
So that's the environment -- in this morning.
Some names on the move Citigroup's earnings per share can increase about 45%.
Over the next two years.
-- an outperform rating on the stock Bernstein it's hot on Citigroup.
Ball Piper Jaffray sees slight downside to Amazon quarter after the data that they've been seeing Bernstein says shares to be bought.
By long term investors see they get may have an over an outperform.
And I think that we did keep their overweight rating.
And then we're also watching dull dull as a key named today to watch as David Brock Meeks twelve dollar cash offer that offer to take -- And -- and acquired the remaining 60% of dole foods so watch this one is a lot of headlines across -- -- That's going to be a top story today lululemon.
They came out with their numbers yesterday but the stocks sank 10% in the after hours as the CEO is going to be believing.
The company will stay on and -- -- find a new CEO but.
It's your -- take them off the shelves -- the back on the south.
Maybe the CEO says enough is enough.
Never gonna continue to watch out into the end of the not for profit and educations.
Stocks somewhere watching COC I would just Corinthian Colleges that's down double digit -- Watch all of those education stocks -- in just sitting a few.
The whole group they will see what happens that this is a big -- they -- received the subpoena.
From the Securities and Exchange Commission early June on June 6 and so they're down.
Over 10% this morning so we'll see how this affects this particular sector.
-- spring shop bank that's back on the table against breaking down 3%.
And the airlines are coming under pressure marching UAL in particular.
And -- this is -- they give an outlook that's weekends down 3% this morning so.
Yesterday the Dow finished down nine points don't forget Friday was the big day was off 207 points after the monthly jobs report.
So that's what we're watching here this morning but certainly we're gonna be watching.
From the from bank of your patented dole to the bed just to name a few facts that aren't.
-- that elitist and NIC thanks well.
And shares of Texas Instruments are lower in the premarket after the chipmaker narrowed its outlook for the second quarter in line with analyst estimates.
TI now says it expects to -- 39 to 43 cents a share on revenue of two point 99 billion to three point one billion dollars.
The company says while orders for chips used in cars and industrial equipment has continued to grow demand from PC manufacturers.
Here's a look at commodities now eleven gold.
Are to the downside oil -- about dollar fifty gold down almost seventeen bucks.
Imus in the morning continues right now on Fox Business.
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