Stocks (^DJI, ^GSPC, ^IXIC) are rallying strongly on expectations of a Brexit rejection. Financials (XLF) are leading the way up, with utilities (XLU) deep 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, Alexis Christoforous is joined by Yahoo Finance editor-in-chief Andy Serwer and Yahoo Finance's Nicole Sinclair.
Apple will not support GOP convention with Trump as nominee
Apple prides itself on making your life easier. But if you’re Donald Trump, it’s a different story. The tech giant is telling Republican leaders that it will not provide funding—or any other type of support—to the party’s presidential convention in Cleveland. Apple doesn’t want to help the campaign due to Donald Trump’s controversial comments about women, immigrants and minorities.
Walmart in talks with JD.com to sell its Chinese e-commerce platform
Walmart is looking to sell its Chinese e-commerce business to JD.com. The terms of the deal are still being worked on, but some suggest there will be a broader partnership between Walmart and the company, according to the Wall Street Journal. The deal could be worth one to two billion dollars.
Olympics first: Comcast to broadcast or stream every event
It's being called the Holy Grail for Comcast. The owner of NBC will—for the first time—broadcast or stream every single event at the 2016 Summer Olympics. And to help you find the events, Comcast is deploying its X1 box, which it hopes will rival other personal assistants like Apple's Siri or Amazon's Echo.
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