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Worst performer is spains ibex 35 and theres wti which i know my partner here will have a lot to talk about he almost always does. It is often a key to this market, down this morning. Lets get to our road map this morning. It starts with the start of amazon shopping holiday, as the rest of retail suffers plus a number of recent ipos that have fallen below the bear syndicate what their pricing was, what it means for the valuations and rest of the companies that want to go pep. Pepsico is out with its results as earnings season begins. Well speak to the companys cfo on set in just a minute. Amazon prime day is under way. The company highlighting deals aimed at enticing customers to become prime subscribers as a number of retailers are coming off a rough day on wall street we were talking about it here before it began. Macys saw shares fall 7 . Best buy was yielding 7. Reports about a geek squad effort at amazon, jcpenney down now in the premarket after announcing the departure of its cfo ....
Equities are trading right now. 30 minutes until the end of the thursday session. The biggest earnings day in 20 years, so says our guests were talking to him about 20 minutes. A lot of Companies Reporting earnings on both sides of the alleged it, 85 on the stoxx 600, 3 trillion worth of value reported earnings today. Love to chat about today on the earnings front. Operations rising to the highest price, highest level since the start in 2014. Pay down debt, boost profits. Secondquarter profits showing response to the worst industry slowdown in a generation such as a takeover of bg, is paying off great rising earnings, falling debt, easing concerns about the companys ability to maintain dividends. A barrel. Run 50 shares up almost 1 today. Lets get to mining companies. Anglo american shares up by almost 3 , going to pay its first dividend since 2015. Its going to pay out 40 of its first half unerlying to shareholders. Six mont ....
To get a border wall built walmart and google team up and the latest move for the battle for your money and shares fall in the premarket stocks are on track to open lower the nasdaq avoids a loss for what would have been the first of the year. How much weight did you put into the president s comments in phoenix. Will frost said it best this morning when he was talking on Worldwide Exchange saying that its we discount his rhetoric a little more. He feels that by, i say, later on in the day we will sense that there is a bit of hyperbole to him but were trading off of speeches now and the speech the night before sounded like what we want from a president last nights speech was a little over the top i watched it and i said wow, you know, the election must be imminent theres like a real election coming. Its 3. 5 years away he did say if we have to close down our government were building that wall went on to talk about nafta. We wil ....
Weekend between Colin Mcgregor and Floyd Mayweather well talk about the big business of the big fight, massive fight. You are watching. Ill definitely be watching that i dont know about either sport. It will be a spectacle for sure. But you do it yourself or no . No. I wasnt clear here id probably ends up in the heavyweights category and i would be destroyed. I was beginning to see that im kidding. Yes, you would. No, i wouldnt. Joining our Closing Bell Exchange today to knock things around, we have chris constantino, jonathan le the futures turn over by nine point, whats going on there . No major headline thats out there. Sorry as soon as i asked you about that, we go to the white house. A lot of shared goals, thats what we are focused on we are disappointed that obamacare they failed to get it repealed and rep ....
0. 19 , nasdaq declining 0. 44 today. Ominous. Now, look, only in a bull market of Epic Proportions would we even think of asking such questions. Selloffs are a natural occurrence, and if they never happen, guess what. We wouldnt be so fixated on dow 20,000. Weve been fixated on dow 200,000. Of course that doesnt mean theres no reason for the decline or that we can ignore it. So lets go there. Lets explore whats sending us lower so we can figure out whether this is a simple garden variety profit taking move or something more significant that we actually need to worry about. First when disseconding any down tape, i like to ask myself which is the Leadership Group that was most bearish . Today it was retail. The standout negative narrative, the nasty miss by bed, bath, and beyond, a general merchandiser with a home emphasis that missed its projections by a mile, earning 85 ....