30 days until you know what. So were going to talk about where americans are going to be shopping this year, what they will be buying and the retailers that are set to win. And those that will be left out in the cold. Speaking of cold, there are some look at that, i dont know what that it is but looks bad. Snow, of course. That would be cold. Major headaches expected for travelers as we head towards that thanksgiving holiday. Big winter storm stretching from the southwest to the eastern seaboard. It will be coming up the west as i show you there. Well track it first to sue at the new york stock exchange. Clear sailing down here but were watching shares of walmart, the biggest retailer announcing a ceo shakeup. The timing is raising questions as we head into the crucial hol kay season. Walmart shares are up about twothirds of a percent, the stock up 17 this year lagging the market. Courtney reagan here with the retail detail. Good afternoon, sue. While walmart didnt allude to the fact t
Yesterdays negative market action. There you can see the s p, the dow and the nasdaq, all looking like we may be implied at least for a positive open. We shall see. That allimportant tenyear note deal. Interesting how rates have been moving up over in china in terms of borrowing rates. How are we doing here in the states in well take a look at the tenyear, which is still hanging right in there at that 2. 7 range well call it. Go across the atlanta to europe. Well call it a mixed picture. Is that your call . Yeah. They dont celebrate thanksgiving there. They dont have that seasonal lift like we have here. Thats true. We start with tiffany, shining just in time for the Holiday Season. Sales in asia helped to shield the outlook and the stock. Remember when jos. A. Bank withdrew its offer to buy mens wearhouse earlier this month . Now theres a twist as mens wearhouse tries to buy jos. A. Bank. Tiffanys posted better than expected results, total sales in the Asia Pacific Region were up 27 .
Americans hit the stores in search of steals and deals on black thursday. And hands off our week, shares plummet after australias mitland say its just not in the nations interest. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. A warm welcome to the last Worldwide Exchange of the month. Standard poors cut its longterm Credit Rating for the neglect netherlands from aa plus from aaa. Speaking earlier, the dutch finance minister gave his reaction. I take these ratings seriously because the markets take them seriously. As i said, growth expectations for the netherlands are the same that we have ourselves on which we base our budget and it just confirms the need for us to push forward some of these reforms so we can get bigger and better growth figures. Of course, you know, the other two rating agencies have only recently confirmed the aaa status for the netherlands and now s p has downgraded us to aa plus. Im disappointed by that fact. S p, th
Our own zach, kate, nathan and joining us to talk markets, fast money contributor, guy. Thank you. I know were heading into the holiday here. So much to discuss. Guy, what did we learn today heading into the close . I think you learned traffic in new york city over the last two days has been the worst ive ever seen. Light volume day. But what youve learned is the markets still wants to go higher. Forget the reendz why it doesnt really matter. Bill mentioned before everybody is bullish. It feels wrong. Its felt that way for the last 150, 200 s p points. Have you to let price be your guide. At some point this is going to turn. At some point well get a piece of news we didnt anticipate. Until that point comes, you sort of have to stay with whats working. Weve had potential point to the breakdown in social media stocks on monday, i guess. A onetime phenomenon . I think it may be wrong but it feels so right. Here we are, santa. I will say and keep saying until it seems to be incorrect to sa
From leadership. United states and japan decide chinas selfdeclared air defense zone and fly right through it without telling beijing. Nhps turn around efforts bearing fruits shares after hours as the Company Beats sales amid enterprise business. A warm welcome to todays show. Advancers outpace decliners on the dow jones 600 by a ratio of 6 to 3, 3 to 2, in other words. We had a very, very flat close for u. S. Equity markets last night. The nasdaq closing above 4,000. So the ftse at the moment, this morning, is just up 14 points. The xetra dax is up 13 points. But were back at this alltime high, level above 9,3 let you know. Cac 40 is up 0. 11 and the ftse mib up 0. 5 . A number of individual stocks worth looking at this morning. Lets kick off with accor. Stock down 3 at the moment. The company essentially coming out and saying, look, were going to split ourselves into two bess. One thats going to be Running Hotels and the other one we will keep holding lease holds on that, as well. So