Page 30 - Opening Stores News Today

Im wilfred frost. Good morning to you. Well get straight to the Market Action and have a look at futures at this hour. They are pointing lower, albeit not too much given decline elsewhere in the morning. The dow is down 38 points. The s p 4 points and the nasdaq down by 6 points. Well have a look at numbers elsewhere in the world. Europe is down to the tune of about. 2 ,. 3 . Not too significant. Germany down 2 after gaining 4 last year. We should keep that in mind when the ftse was up. Oilprodu...

The hang seng was up about half percent. And the shanghai up about. 6 . The European Equity markets. This is the early trade. Relatively flat. The dax is flat. Cac is down less than. 2 . The ftsi up about a. 25 . And the italy index about 1. 5 . And spain just over 1 . And up about 0 30 cents. Brent up about 33 cents. Couple of big stories this morning. Bp reporting overnight. Quarterly profits dropping 80 . That topped expectations, oddly enough. The company says it now could cut Capital Spendi...

Well break it down. The action begins right now. Lets get right to it, because the only thing that matters for your money next week is bank earnings. Financials are the worstperforming sector this year. The big question here, will it get worse when stocks like jpmorgan and bank of america and citi report next week . Lets get in the money and find out. Mike . You know, i think, obviously, it does matter. Prices for the banks actually indicate that people are really concerned. I mean, if you take ...

Every possible metric. The stock is soaring, as we see there. Afterhours session highs. This comes as every other Major Tech Company has basically tanked on earnings. So can facebook save technology, and should facebook be a core holding in your portfolio. Guy, what do you say . Listen, ive been wrong about a lot of things, most things, but i think categorically, collectively weve been right about facebook. If you look at facebook, the one thing that stuck out to me is, forget about active users...

Thank you for joining us on squawk alley. John is at merge in miami, flori florida, and we will get to him later, but at post 9, kelly evans. Good morning. And joining us from out west is jason calakanas who is an invester and we have a lot going on in the market, and dow and s p 500 nasdaq posting the intraday highs today, and the dow is holding e steady above 18,000, and russell 2,000, and the dow transports are out of correction territory, but start with the netflix today, jason, because the ...

Glory . And a brutal time for banks. Earnings kickoff this morning with jpmorgan. It looks like chinese data is goingy behind the markets higher. The imf is not impressed. The donors on this economy, saying that the numbers are not as rosy as they seem. Later this week, we will get gdp. We talked a lot about japan, but we could end up talking a lot about china and that is a positive story. Guy breaking news coming through from peabody. Saying the majority of its u. S. 11. Ies filed for chapter m...

Ups, we saw safety stocks but you can see the headline market moves not that dramatic. That is something we will be watching for. When you look at the big mover, cocacola was the biggest drag on both indexes. It fell as much as 5. 5 , about 18 months were 18 months worth. Exceed analystt estimates. Investors want to see more evidence of a turnaround and did not edit from the latest set of results. Andut its year to date gain half and is only up 4 . Joe we keep saying this every day new lows in j...

Particular, where Reed Hastings has to answer questions about new competition from amazon. Amazon announcing it will offer prime video as a Standalone Service for 8. 99 a month. Before this the only way to get Amazon Prime Video was with an amazon prime membership for 99 a year. Lets talk earnings first, because there seem to be this rotation into the ibms and intels of the world, what we have been calling gray chips, some of the formerly out of favor value names. What is the proposition for gro...

Stock so what was the stock . First, we start off with the after hours lug bath in technology. Alphabet and microsoft. Those stocks are tanking and looks similar to the bad news we saw out of net flex and intel. Tech telling us the real story here in the markets as we do see the queues down . The real story in the market is resilience of the Broader Market in the things weve seen now and over the last six months. Its telling a story that we would be talking about to a large extent but i dont kno...

With heearnings season around t bend wont i be dis appoiappoin with what i hear . Today the averages started strong before pulling back. Dow slipping 21. S p dipping and the nasdaq. 36 . Its a good day to tackle the question. I was with my fabulous daughter all weekend and couldnt give anyone an in depth answer. I apologize. If i had a chance i would have said the action, the stock action is dictating my attitude. The action that has so many stocks hitting new highs in the last week alone. Some ...