Stocks (^DJI, ^GSPC, ^IXIC) are up modestly at midday ahead of Friday’s unemployment situation report. Energy (XLE) is leading, with utilities (XLU) in the red. Keith Bliss of Cuttone & Co. joins us live from the New York Stock Exchange.
To discuss the other big stories of the day, Justine Underhill is joined by Yahoo Finance’s Melody Hahm and David Nelson of Belpoint Asset Management.
Twitter is making its live-streaming sports debut this week, with coverage of Wimbledon. Users can watch the tennis tournament next to tweets about the event. However, many users are already complaining about the stream.
Big oil faces generation gap
US oil companies aren’t just getting hurt by low oil prices, they’re also getting squeezed by a generation gap. The industry is facing a shortage of workers in their late 30s to 50s, and this comes as thousands of baby boomers are set to retire. Why are we seeing this shortage of workers?
Google’s newest acquisition
Google just announced the acquisition of startup Moodstocks. The French firm has been working on smart sensors and image recognition technology. How might this change the future of smartphones?