>> well, june has this high event risk. maybe the june 15th fed meeting is now less of a concern. and you have the 23rd, the uk referendum, and then three days later the spanish general elections are marked too, so there's enough political risk around europe. we would argue the evaluations are attractive in europe. we think the downgrades we have seen are very aggressive to earnings. these are the biggest downgrades in seven years and that has run its course and probably is too optimistic. >> and the sectors to play? >> more cyclical. some of the financials and also like capital goods and a little bit of tech, those are parts of the market that would be more positioned towards that, and more cautiously on the defensive. >> sorry, this is the european versus the u.s. >> european, exactly. >> you are past the u.s. cycles. you said 7% outperform in u.s. equities, so to what extent can we compare this in the u.s. given to the interest rates in europe given the timings of the cycles so different this time. >> they are. it is a big shock, you're down a minus .4 in europe. banks are havi

it is tuesday the seventh of june. this is trending business. rishaad: let's have a look at what we're watching for you. the asian markets up for a third day. janet yellen saying that the positives in the u.s. economy outweigh the negatives but still there is no data out there. headss top messaging app toward the biggest tech ipo of the year. a possible value of $6 million. up 56% now from the lows we saw in september. the glass ceiling has been shattered. hillary clinton has enough delegates to be the democratic nominee for president. the 2016 election is now officially underway. do follow me on twitter. out of thews coming philippines. the latest inflation readings. unders putting inflation the central-bank target of two and 4%. this is the 13th consecutive month it is coming below that level. we look at what was going on here and then predicted a rise of 1.3%. china hong kong markets getting underway in 30 minutes. singapore taiwan malaysia. juliet, a third day of rising equities as part of the world. a five-week high for asian markets. it's

liz: you'd entertain the policy move in june. >> exactly. liz: has that all but vaporized for june? >> well, i can only speak for myself. i don't know how my colleagues are going to process this, but the weak jobs report that, importantly, had revisions from the previous months, plus the too close to call brexit situation, if i look at those two things, i think the scales tilt in the direction of being patient. liz: so let me push it to july. is july on life support, or is it a better possibility that once we see sort of that volatility in the wake of what may be a dramatic vote in britain to exit from the european union, and then that calms down and dies down, could we see july? >> well, that global risk associated with brexit will be clarified. now, if they vote to leave, there will be uncertainty as to how it's going to unfold. it's a multi-year process. but at least the immediate decision will be clarified. and we'll know a little bit more about the u.s. economy. we'll perhaps have the ability to interpret friday's jobs report with a little bit more sense of whether it's just an

i'm wilfred frost. >> and it is a first day of june. we can't believe we're nearly halfway through this month. let's get you up to speed on the markets this morning. this will be the new trading day of a new month. take a look at futures. we were looking at a lower open today. we did see some gains with 1.5% for the suspect..suspect. did dow jones managed to just squeak out a gain of 1%. but the nasdaq was up over 3% for the month. let's take a look at treasury yields. this will be important especially as we lead into the june meeting. on the back of comments that we could potentially see a hike this summer, we did get some mixed economic data yesterday. especially with expectations further out towards july. we did see yields fall from multi week highs yesterday. >>> the dow pointing its fourth positive month in a row while the s&p makes it three straight months of gains. the nasdaq now to a five-month winning rub. tech was the best performing sector in may and.ael was the dow's biggest gainer, up 6.5%. which brings us to our current qu

look at 75 for wednesday, cool for june. as you check the weather, don't forget go to 6abc.com we've got the blogs and all the latest details and the forecast. that's good to check especially on days where we're talking about spotty showers and it's not hanging around all day. there you can get the forecast. >>> now we can figure out what categories we're in for, we can going on with the news. >>> hundreds of home in houston, texas have been evacuated and rescuers had to step in when neighborhoods flooded more quickly than expected. a few more inches of rain is expected and that could keep flood stage above normal for the weekend. >>> a french navel ship has detected the ping from the black boxes. it will determine whether the plane went down because of mechanical failure or hijacking or bomb. >>> a new york woman hopes her terrifying ordeal can be a warning to using a ride shaker app. she called an uber driver and got into the car and saw it was a man posing as a uber driver. >>> he said give me your phone and your money an

it's thursday, june 30. i'm michelle griego. >> i'm kenny choi. >>> a huge sigh of relief for thousands of california students dealing with debt. kpix 5's maria medina is live in milpitas to explain how the feds are helping students it the now closed corinthian colleges. >> reporter: the u.s. department of education just one nowed it's going to forgive $171 million in student debt to students who used to go to corinthian colleges including here at healed. now, if you remember, corinthian colleges filed for bankruptcy suddenly shut its doors last may devastating its students. a judge found corinthian colleges lied. they misled students about job placement. now we spoke to students who found out today that the college -- the day the college shut down and here's what one had to say. >> i don't know where i'm going to go or do. >> i. >> spent a lot of money to come here and now the money is thrown in the trash since there's no guarantee they will let me finish my program. >> reporter: students cried on that day

i do believe this is last weekend in june. what a nice way to end it. >> good to be out here on the sky deck. some days you do not want to be out here but today is not bad, i could sit out here all morning long. behind me beautiful skies there, cannot even find a cloud in the sky around philadelphia. still comfortable. temperatures holding out in the 60's but we will get that wrapped warm up with strong late june sunshine. sixty-nine in philadelphia. seventy-one in wilmington delaware we are up to 07 in wildwood. light breeze right now all across the region. so it is a nice start to the day but not much breeze through the afternoon hours. we will make it pretty hot in the inland spots and again even though humidity levels are on the low side gets uncomfortable. seven in quakertown. sixty-six in doylestown at this hour. everybody well in the 80's with the exception down toward the shore. dew point temperatures which tells us how much humidity in the air is creeping up around philadelphia. right around 60 degrees. sixty-one. ind

>> i think june is off the table. the easy way to think about this is you've got a very cautious fed. the behavior has shown when they're faced with this kind of uncertainty, given where we've been and the performance of the economy they'd rather wait. christian had some good points about that. there's no down side given where the inflation numbers have been. you've got to think, okay, is some of the fiscal anomaly the idea that you came along and have the three month avenue. all of a sudden it crashed. you know you have 35,000 verizon workers you're going to add that back in. you think construction is doing better given what we've seen from the construction numbers than down 15,000. however you still have to stand back and say wait a second is there a material weakening going on. >> not the softer -- >> i was going to add that in, scott. the first time i've ever done maybe back in '08 i did it, where the jobs aren't. usually it's where the jobs are. but the negative really you have capital industries lost jobs this t

onnow know it will start june 8. we also know that on june 22, they will conduct that first caltro., rates unchanged. on june 8, we start making corporate bond purchases. expect 20 of questions in the news. i am pleased to say we can go over to the city of london were mark martin is standing by. marked, unchanged and policy. mark: you said it. that bond buying program kicks off june 8. you want more flesh on the bone, how much is the ecb going to buy each month? suggesting when it is up and running, between 5 billion euros and 10 billion euros. one, it will begin later in june as expected. we need a bit more detail. paying -- paid to land money. roughly 45ence in minutes, mario draghi, of course, will push governments to do more on structural reform and loosen fiscal policy is able. we could have something significant happening. economic forecasts have been cut by the ecb for the better part of the year. today, we may get an upgrade for gdp for this year and inflation forecast. s. that signifies a turnaround. reinsta

. >> in june. >> in june. i wouldn't be surprised if we moved again at the end of the year. >> if you have someone like eric rosengren, a dove, out there telling the "financial times" that we are on the verge of the conditions being met, i think you have to take it seriously. >> hey, doug, do we still have the charts? i don't know whether you saw the charts. i ran them earlier. people are retweeting this like crazy. i think it was the victory lap that the president took last week. a lot of people wrote, you can't take a victory lap without winning. there were like seven or eight charts, you know, participation rate, food stamp rise. maybe we can bring it up again. what grade would you give this economy? here are the charts. student loans, food stamps. federal debt. money printing. health care, labor force participation. home ownership. black inequality and median family income. would you run on that, doug? >> it doesn't matter what grade i give it. you look at know poll, americans are very frustrated and unhap

the ecb to start a corporate bond purchase plan on june 8. we have got the date, june 8 will be the date. that news crossing the wires right now. before today, all we knew is that it would be in june, 2016. we still have not got the color on the size, but we know it will start on june 8. >> the one thing opec ministers did agree on is a new secretary-general. that is a positive. they have been bickering about who should get that post for four years. they decided that was the nigerian front runner. he will be the new secretary-general come august. on the whole, you look at this. they kicked the can down the road when it comes to policy and intervening on the markets. they are still going to let the market as they put it "fix itself." yet, when they do convene later in the year, at least they will have a new secretary-general, some fresh blood, and maybe we can get some more unity out of this organization. >> less than three weeks away from that crucial brexit vote. some very big names are speaking out about it. we have jamie dimon and the prim

welcome to june, everybody. i like june i think but we don't like this. here in lower gwynedd a crash this morning. you can probably see the flashing lights up ahead along 309 northbound at butler pike. the accident is taking out the right lane but of course volume is so light as you travel through the ambler area at this point this morning that there are no delays. but watch out for it, 309 northbound at butler pike. no longer need to watch out for the construction on the vine street expressway because the crews have gone home. everything is reopened in both directions along the vine but don't fear they'll be back tonight at 11 o'clock to close it down once again. also watch something construction this morning in gloucester county, logan township where they're working along 322 in both directions between 130 and cains mill road. when they did this last week it did cause delays before it cleared at 6 o'clock so we'll see if that happens again this morning. outside live in bellmawr, this is 295 and up ahead can you see the flashing lights right about there

all we knew before was that it would be in june, 2016. we still have not got the color on the size, but we now know it will start on june 8. >> the one thing opec ministers did agree on is a new secretary-general. that is a positive. you know they have been , bickering about who should get that post for four years now. they finally decided the man who was the nigerian front runner. he will be the new secretary-general come august. on the whole, you look at this. they kicked the can down the road when it comes to policy and intervening on the markets. they are still going to let the market as they put it "fix itself." and yet, when they do convene later in the year, at least they will have a new secretary-general, some fresh blood, and maybe we can get some more unity out of this organization. >> it is now less than three weeks away from that crucial brexit vote. and some very big names are speaking out about it. we have jamie dimon and the prime minister weighing in. what is the outlook this morning? >> jamie dimon in the u.k. after being

if not june, july. those hopes are now being crushed. the regional index is lower to kickstart the trading week with every sector in the red. the only areas we are seeing support and basic materials and utilities. seeing weakness coming through across the board. the chance of a rate hike in july only around 27%, down from around 50% prior to those jobs numbers. dragging on the regional index and some weakness coming through in china and in hong kong today. tune --s off to the wanda cinema hitting that 10% daily limit. this is the picture of those gold players in australia. noble group had fallen quite significantly in singapore. -- it will seize coverage of the stock -- cease coverage of the stock. we have seen the yuan retreat to its lowest level since 2014. down for tense of 1% -- down 1%.-tenths of angie: we will have a special report later in the program. disappointing jobs data out of chance of a the rate hike in the next month on the table? ♪ >> these are the stories making headlines around the world. the pound has fallen after t

the ecb to start a corporate bond purchase plan on june 8. we have got the date, june 8 will be the date. that news crossing the wires right now. before today, all we knew is that it would be in june, 2016. we still have not got the color on the size, but we know it will start on june 8. >> the one thing opec ministers did agree on is a new secretary-general. that is a positive. they have been bickering about who should get that post for four years. they decided that was the nigerian front runner. he will be the new secretary-general come august. on the whole, you look at this. they kicked the can down the road when it comes to policy and intervening on the markets. they are still going to let the market as they put it "fix itself." yet, when they do convene later in the year, at least they will have a new secretary-general some fresh blood, and maybe we can get some more unity out of this organization. >> less than three weeks away from that crucial brexit vote. some very big names are speaking out about it. we have jamie dimon and the prime

>> june 6th. >> june nef. >> let's see if we can find that. >> either the sixth or the seventh. >> probably exists somewhere. >> somewhere possibly. >> i have photographs of it. >> well, right now. >> so president obama did the proclamation that you needed this. >> well, wasn't president obama, no, i went to capitol hill, i lobbied congress, congressman chaka fattah the one introduced the bill called the african-american music bill it says june is black music month. so there has been official celebration going on, two -- >> what's the state of black music, say in philadelphia? is it good? is it strong? >> it is growing, philadelphia first of all being the first capitol of the united states, this is where the music originated. so we are a music mecca, and talents like newly elected to the grammy board, i'm president of the philadelphia recording academy, and he is -- >> yes, nice, my new board member. but there is a plethera of talent in the city. you know that. >> sure. >> yes, from family soul, jill scott, jazzy jeff, fresh prince, you know. >> and speaking, i mean, there will be an event

this friday, june 10th, the nikkei, and topix trading into the negative. back to you. >> thanks a lot. sea food fans know a little squeeze of citrus can bring out the best in a fish dish. one company has found way to cut out the middleman. it's breeding fish that already taste of fruit and hoping the flavor will reel in consumers all over the world. >> reporter: just off the coast of ehime prefecture is a fish farm with a difference. it's drawing visitors of all over the world and there's one fish they particularly want to see and try. the farmed salmon. >> translator: yum. tastes like mandarin. very fresh. >> reporter: the pink flesh is infused with a fresh citrus flavor. this man is president of the fish farming company. he carved a new niche in the market a couple of years ago when he started adding citrus peel to his fish feed. and he quickly found an audience for fruit-flavored yellowtail and red sea breen. last december, the company started farming salmon and they came up with a new way of adding the flavor. they extracted a compound called lemonine,

smith bridge road will be closed for the entire month of june, stick to 92. i-95 construction northbound by 141 cleared out of the way, everything has reopened there. >>> a teenager's most memorable picture on prom night turned out to be her x-ray. the massachusetts senior said she wasn't in any pain and went on to the prom thinking she dropped the pin. doctors were shocked it didn't puncture anything with all the dancing she was doing. the pin was removed with a quick 45 minute surgery. >>> the decision to allow a rapper to film a music video in school has put a new jersey principal on paid leave. the rapper includes scantly clad women and numerous drug references. it angered community leaders saying east side high has worked hard to change its reputation. the rapper said i wanted to show the students that someone who walked the hallways was successful. >>> a massachusetts 6-year-old called police because he thought his dad wasn't following the signs of the road. >>> 911 what is your problem. >>> daddy went through a red red light in mommy's car. >>> he came

signed, barack obama, the white ouse, june 21, 2016. the speaker pro tempore: referred to the committee on foreign affairs and ordered printed. the chair lays before the house a message. the clerk: to the congress of the united states. section 202-d of the national emergencies act 50 u.s.c. 1622-d provides for the automatic termination of a national emergency unless, within 90 days prior to the anniversary date of its declaration, the president publishes in the federal register and transmits to the congress a notice stating that the emergency is to continue in effect beyond the anniversary date. in accordance with this provision, i have sent to the federal register for publication the enclosed notice stating that the national emergency with respect to north korea that was declared in executive order 13466 of june , 2008, expanded in scope in executive order 13551 of august 30, 2010, addressed further an executive order 13570 of april 18, 2011, further extended in scope in executive order 13687 of january 2, 2015, and under which additio

jobs number all but killed the june rate hike in the u.s. worst in sixhe years, drove the dollar down and took with it the hike that policymakers had talked up. can the fed rebuild the momentum for a hike? vincent chaigneau at societe generale, thank you for coming on. it is quite a big day, a big week. we hope to hear from janet yellen about what her intentions are. from your point of view, should she stick to normalizing? vincent: that is going to be difficult. i think a june hike is gone for sure. francine: was it always unlikely because of the brexit vote? vincent: yes. that was a drag that made it unlikely. the probability of the hike was never more than one third but now it is gone. july is really in doubt. it would take surprisingly strong numbers from the u.s. for the fed to hike in july. there was a consensus out there that the u.s. economy would after q4 and q1. in the election, the condemned economy continued to disappoint. francine: will they be able to get at least one hike this year? vincent: our call has been that the fed will

they started june with only $1.3 million cash on hand. remember, hillary clinton started june with $42 million. donald trump, $1.3 million cash on hand. this is -- i mean, compaired to mitt romney in 2012, at this time in the campaign had $17 million cash on hand. again, donald trump is at 1.3 million. and this is just crazy. i'm just making sure i'm not missing a decimal point here. in may, hillary clinton raised $28 million for comparison sake. mitt romney raised 23 million dlin may. and $45,000 of that for donald trump was from himself. we know that the trump campaign has been preparing everybody to be very impressed by how shoe

., thursday, june 2. here's what's happening. >>> the driver of a stolen car strikes and kills a pedestrian and ditches the vehicle. we're live with details. >>> more than a dozen residents are having to copy with a serial fire bug that's forcing them out of their home. >>> a mom is going to court to take home by-products of her baby's deliver. >>> all that coming up, but let's find out what to expect when you step outside this morning. karen rogers is here, matt pellman has the commute. >> reporter: satellite and radar showing the clouds that have rolled in, so officially mostly cloudy skies. we can see this front out to the west. they are getting showers in pittsburgh. that front won't impact us today. that won't be a weather worry until tomorrow morning. 58 degrees in quakertown and pottstown, feeling in at 61 in saint david. 62 in center city. 59 in browns mills. some of the numbers lower than yesterday. it's already 67 in glassboro and dover and heading up from there. 7:00 a.m., 63. 9:00 a.m., 66. we

but june as you said. june is treating us all right so far. >> until the weekend. >> lets take a look. stormtracker 6 live double scan showing that we are dry through most of the region and you can start to see the front approaching to the west. we go in close toward this with double scan. williamsport is getting heavy rain along i-80. out in the western suburbs, you will be the first to get impacted by the showers. lets go outside right now and the action cam is out in fairmount park, that is nice taking a view of the water and things are look going out there, they like it dry. 75 is the current temperature, we started in the low 60s, we are already at 75, not bad and the dew point is 61 and feeling more humid than it did yesterday. and south and east of the city where the dew points were higher yesterday. the winds are out of the northeast pretty light and the ocean temperature is not bad 62 degrees. satellite 6 along with action radar showing we had all the clouds this morning and now a nice break. we s

toed friday, june 10, good morning, aim jim donovan. >> i'm brooke thomas. katie is off. lauren and meisha are here keeping an eye on things. good morning. >> good morning have you seen the leggo movie? everything is awesome. >> okay. >> everything is awesome. if you have seen that leggo movie you know what i am talking about, that song so addicting, i'll play it later for jim. >> ♪ everything is awesome. >> everything is awesome right now, roadways, nice and dry, construction moving out of our way, so we're looking awesome. >> this is what happens to us, lauren, on friday. >> you said it, i'm not wake enough to have a song yet. i'm building, the song is building in me, but the weather world is awesome as well, yesterday, beautiful day, very low humidity, certainly by june standards, and again today, we will keep the humidity on the lower side, before we start to bump it up as we head into the upcoming weekend, but temperatures right now, chilly in the poconos. need that coat. 46 degrees, even down the shore, we're at 51 degrees, cool start with the northwesterly wind a

it's monday, june 6. and i'm anne makovec in for michelle. >> and i'm kenny choi. >>> several east bay mayors are asking for help to stop deadly freeway shootings. jackie ward has more on the push. jackie? >> reporter: the mayors are calling the highways a battle ground and pleading for governor brown for help. several law enforcement agencies say if more cameras were placed along the highways they would have a better chance of arresting the shooters but it's not a cheap fix. it would take $100,000 to install cameras, and the city already has one00 surveillance cameras, so for the mayor and police chief, it's money worth spending. >> we are willing to take money out of our general fund and put it into something to make the freeways safer. >> reporter: this request comes a couple of days after another shooting on i-80 in hercules. 4 people have been killed and 12 people have been wounded on various highways. most of them are gang related and targeted. jackie ward, kpix 5. >>> a tip by neighbors led narcoti

and that was as of june 2 right and it's june 5 now and i think maybe hillary clinton will pull it offer but it will not be fun for her or comfortable. >> what are you picking. >> bernie sanders. >> i went with it it's official. >> i'm giving it to him. >> not picking clinton. >> i know. >> it will be close. >> and so -- >> one of things sanders talked about this week which we mentioned is idea of kentucky convention. we have sound on it. our fourth panlist today pin oako. we have sound of persony san sand-ers inal call at the end of the process no can daylight will have enough pledged delegates to call the campaign a victory. they will be dependent upon super delegates. in other words the democratic national contested convention. >> so there you government that's something hi is tapping into frustrations that were talked about quite a bit this idea of super delegates that people feel disen franchised about him and at the end of the day we said it time and time again hillary is winning in pledged dell sgats right? >> when you say something like that all right it's a basic disregard for r

it is tuesday, june 28th. >> june 28th. >> yes. >> oh, my gosh. you know what meacham was telling me june 28th. it was a massive

the don't get used to it because it is late june. we will bring back heat and humidity and let you know when that comes up, in the seven day forecast. back to you. >>> updating breaking news we have been following all morning, atlantic county, new jersey police are investigating a fatal car crash on the garden state parkway. two people dead and two are hurt after a nissan sedan spun out and lost control and plunge in the river. it happened just before 1:00 in the galloway township. police, and it went in the river around mile marker 48.6 in the southbound lanes. investigators to just pull the car out of the river. water is about 8 feet deep. two people hurt were taken to the hospital. no details on their condition. >>> delaware county police officer is in stable condition this morning after being shot several times. twenty-five year-old christopher dorman is being treated at penn presbyterian medical center in university city. suspect gunman daunte brooks island is behind bars. "eyewitness news" reporter david spunt has the latest on

it is the 1st day of june. we've hit june. i'm willie along with al, natalie and tamron on a beautiful day here in new york city. inside studio 1a, we have the whole crew, which is always great. my morning m, get the e-mail from amanda. asks what your morning jam is. first song on the phone, "midnight city," m83. this isn't the best part, but it's there. it builds. >> still not there. >> if you still with us through the end of the take. >> it has a famous hook we're not playing. otherwise, it would have been great. >> you can sing it. >> wow, would have been great. >> i can only do so much. i can give you the song. >> i don't know the hook. i want to know. >> i'll play it for you on the break. let's talk about the gorilla, man. crazy. still going on. everybody is talking about the incident at the cincinnati zoo. the 3-year-old boy fell into an encloe s encloe sur with a 420-pound gorilla, harambe, before zoo officials made the decision to shoot and kill the 17-year-old gorilla. the police department is investigating what happe