This hour a day after digesting that tax plan. T all are up higher. In asia, a bit of a mixed picture. In europe, a look at european equities, still open in many parts of the world. A bit of a red picture. Finally a quick take on crude prices. Wti trading at 49. 19. I dont know. I did see 49. 20 or 30, i did see some stuff yesterday that if they dont if opec does not go along with the cuts, you could see it back to levels of around 40 if they dont continue with the cuts. Both of these guys getting nervous. Dont try that at home. The white house says President Trump its when johnny deposition is moving like this in alice in wonderland. Its a weird dance he does, but it means things are out of whack. As far as nafta, President Trump has agreed not to terminate the nafta agreement and will try renegotiating it. The white house said they agreed to proceed with negotiations swiftly. There had been reports earlier that the Trump Administration intended to begin the process of withdrawing fro
Before we get to leave for our threeday weekend, but some people are already gone already. We are seeing a drop in the averages. This is the tightest we have seen at least this year. s focus on once esther one sector where we are seeing considerable movements, and that is retail earnings. Deckers have been estimates. There are still continues to be some speculation about the company. Ceo duffy writing in a note saying that these forecast results could enhance caleres, owner of Famous Footwear being at beating numbers in estimates of its top and bottom lines as well. These estimates beating numbers uso include also beauty ta beauty and costco, up , the 5 , and big lots companys earnings per share coming in ahead of what analysts has been anticipating. What about the bad . Gamestop, that company predicting that the growth that we have seen from the nintendo switch, which asked by also benefited from yesterday, it will be difficult to predict and maybe not as consistent. Abercrombie and f
Before we get to leave for our threeday weekend, but some people are already gone already. We are seeing a drop in the averages. This is the tightest we have seen at least this year. s focus on once esther one sector where we are seeing considerable movements, and that is retail earnings. Deckers have been estimates. There are still continues to be some speculation about the company. Ceo duffy writing in a note saying that these forecast results could enhance caleres, owner of Famous Footwear being at beating numbers in estimates of its top and bottom lines as well. These estimates beating numbers uso include also beauty ta beauty and costco, up , the 5 , and big lots companys earnings per share coming in ahead of what analysts has been anticipating. What about the bad . Gamestop, that company predicting that the growth that we have seen from the nintendo switch, which asked by also benefited from yesterday, it will be difficult to predict and maybe not as consistent. Abercrombie and f
Before we get to leave for our threeday weekend, but some people are already gone already. We are seeing a drop in the averages. This is the tightest we have seen at least this year. s focus on once esther one sector where we are seeing considerable movements, and that is retail earnings. Deckers have been estimates. There are still continues to be some speculation about the company. Ceo duffy writing in a note saying that these forecast results could enhance caleres, owner of Famous Footwear being at beating numbers in estimates of its top and bottom lines as well. These estimates beating numbers uso include also beauty ta beauty and costco, up , the 5 , and big lots companys earnings per share coming in ahead of what analysts has been anticipating. What about the bad . Gamestop, that company predicting that the growth that we have seen from the nintendo switch, which asked by also benefited from yesterday, it will be difficult to predict and maybe not as consistent. Abercrombie and f
Julie hyman have the latest at the desk. Julie we are seeing a treading the major averages. The dow is slightly lower. The s p and nasdaq or slightly higher. This is really a repeat of the same playbook we have seen more or less in the last month since the beginning of earnings season this isas stocks move sideways. This even after we got the news today that the bank of england was cutting rates by 25 basis points and injecting more stimulus into the u. K. Economy through quantitative easing. You did see more reaction in the bond market to that news. If you look at the 10year, you see a declining yield. 1. 51 . Only down for basis points. If you look at the pound itself, there you definitely saw more movement, a very germanic move lower, and a very dramatic move lower. Getting back to u. S. Stocks, there is strong on the individual stock level. We got a lot of earnings. Cf industries down after the fertilizer maker came out with earnings that miss estimates. Pricing difficulties going