Europe is a big week personal income and spending is roughly in line. Our road map begins with apple, nearing an all time high, expanding ipad and air pod demand, Services Growth offsetting that demand social media twitter banning political ads, facebook defending its decision not to, saying, quote, its not all about money, facebook shares by the way rallying on those earnings head winds, markets are set for a mixed open, a report about chinas longterm doubts about a trade deal with this white house. Well begin with apple, though, higher than better expected revenue, despite iphone sales, results got a boost from stronger demand for ipads and air pods as well as growth in services they are issuing upbeat quarter guidance jim and josh lipton talked to tim cook about better sentiment in china as well. I was surprised with that, when talking with tim and with josh and on the street the whole tone of the discussion was that things are pretty much on track, more than we realize optimism by
Please duck, cover and hold as best youre able. And if we need to get out, we go out through these door, exit to the left and go out across to beck toll plaza. If thats not safe, we go to Embarcadero Plaza at the end of market street. Should we have an active shooter situation, we want to get out, hide out and take out. So with that, now having covered safety, let me outline what were going to do tonight. We envision going 30, maybe 35 minutes. Our lineup will include to my right who is Vice President of Community Wildfire safety program. Well have an update from scott strefield and our chief Customer Office will give an update about the web. So with that, im going to turn it over to samit to get us started. Thank you, keith. Thank you for joining us again tonight. Overall, i want to iterate a few points before i turn it over to Scott Strenfel to provide an update in regards to the forecast. First, i want to iterate that we understand the impact that turning power has on our customers
Sales and ism manufacturing data hits a decade low. We wait on fiat chryslers numbers. A two border solution . Boris johnson will present his brexit plane to the conservative Party Conference today and the eu with provisions for a timelimited irish backstop. Ireland called the deal a nonstarter. A race to the bottom. Shaking of the brokerage world. Good morning. Matt less than half hour away from the european open. Take a look at what happened yesterday. When that ism number came out, it really disappointed markets. Investors bought up treasuries, pushing the yield down. This is a threeday chart. We have recovered a little bit today. Moves a pretty substantial and you saw that in stocks as well. That negativity likely to carry through to european markets today if you look at the futures. You will see equity Index Futures across europe are down. Dax futures are off 0. 4 . Ftse futures are off more than 0. 5 . I will point out we are seeing gains in u. S. Futures still slight, but at lea
Xantac, which is well known in the United States, generic zantac, which is well known in the United States, because of potential carcinogens. It is produced by a division of novartis. As you can see, we are seeing a slight reaction in the european version of novartis. Here in the u. S. , the adrs are down that little bit more. Lets get to the other stocks that are moving. There are stocks lower in the s p 500, which has brought the s p down to below 3000. Around 1. 1 g steady lower. Irane getting news that definitely sponsored the attack. That is what the press conference is saying. The 10 year yield, 1. 75 . Fedex the worst performer right in the u. S. After what analysts are calling a dire forecast. Guy the saudi press conference is still ongoing in riyadh. The Defense Ministry announcing that this weekends attacks were unquestionably sponsored by around. Weekends attacks were unquestionably sponsored by iran. Pointing a finger vaguely in the direction of iran at the moment, but we a
The russell up nearly a full percent. The broader markets, though, flat s p just lower dow, just higher joining us for the full hour, stephanie link very good afternoon to you thanks for having me. Markets flat overall, but whats happening underneath . Massive rotation today, and it actually started over the last couple of weeks and a lot of that has to do with a little bit better Economic Data that were getting around the world. Even over the weekend, we got the export import numbers out of china. And even though they were down year over year, the trend is still definitely up. And this comes on the heels of better pmi so i think a lot of it is a little bit better Economic Data. And then its this trade talk seems to be making some sort of progress so the cyclicals are actually the ones that are leading. Its financials, tech, industrials. And within tech, its se semiconductors versus Software Software is actually getting slammed. Is it that the expectations came down too far, too fast,