We have blake burman at the white house. We begin with gerri willis. We finished with the s p at new record highs for first time in six months. Above the prepandemic highs. Think about that. That is the 14th record close this year. Turn to the nasdaq as well, also at a record high today, second Straight Record close for that index. The 34th record close this year. 174th record close since election day. Good news there. Market keeping an eye as you said on two big earnings reports today. One was walmart. Shares down after the nations largest employer reported eps of 31 cents a share, blowing out estimates samestoresales up 9. 9 . Online sales up 97 . Even so the stock is down. Dont know what it takes to get walmart up today. Home depot that stock up as well. Blowout Second Quarter with the sales up 23. 4 . Americans are remaking their homes as they are forced to live there, stay there, work there all the time. Finally weve been watching apple shares closely. They are higher today as the
General becomes the first african megan woman on the ticket. As it trump calls her the meanest u. S. Senator. Activity in the Second Quarter dropping to levels last seen in 2003. Manas 703 million euros, the loan loss provision, thats a beat on what the market had presumed at 837. ,e talked to a number of ceos to exit all nine european Corporate Banking operations. The bank will focus on the netherlands and northwest europe. So the provision story will be the ouster of the financials and the narrative is hunker and focus at home. Absolutely, and in the past we have spoken with the ceo or the cfo on the show and ask a lot of questions on the dividend. Perhaps that will come up today as well. Abn Corporate Investment banking to discontinue trade and Commodity Finance activity. Interesting times in markets right now. Weve had a quite time in yields and suddenly that jumped up yesterday with 10 year yields. Manus absolutely, that spiked and shifted the curve. The other narrative we need to
The declines in technology and real estate shares on the stoxx 600 and then the Pound Holding on to declines we saw yesterday as figures show that the u. K. Economy contracted more than any other in europe in the Second Quarter. Plenty more of markets shortly now lets get straight will raise more questions over the governments handling of the pandemic. There are worrying signs the bounceback may run out of steam. Hard times are here. Hundreds of thousands of people have already lost their job and sadly many more will. But i will say to people, although tough decisions lie ahead for all of us, no one will be left without hope or opportunity. Up ina plans to bring tiktok in talks with the u. S. It is likely to take place as soon as this week. We are not certain what beijing hopes to achieve when bringing up the app. It comes just days after President Trump signed a ban on transactions using the app on National Security grounds. Protests in belarus. Protesters took to the streets to have
Leaning on big cap tech. Once again ass an anchor s p 500 First Time Since february, microsoft, tiktok in the news schumer says the democrats in the white house have started to move a little closer on a stimulus agreement, and of course david disney tonight, which will give us all kinds of information about the progress of parks, studio entertainment, advertising and more as we have said many times over the last few months, disney in some ways a reflection of the economy, certainly the consumer side of it to some extent. I know julia is going to be following that closely after the bell expectations cant be particularly high but we are looking for a lot more data when it comes to the parks and the attendance, when it comes to directtoconsumer of course with disney plus and the exhibition of motion pictures, which is not something thats going on right now. Absolutely, david, i mean, i think it will be really interesting to get some more insight into the success of that streaming business
With minerd and where stocks may go from here another exclusive. Another midmajor oil company his first tv interview for years. Good friday morning, we made it. Good afternoon, good evening wherever in the world you are watching here is how your money and the Global Markets are setting up their day. Futures are higher not by much, dow futures are up. Look at nasdaq futures soaring. Up 195 right now big move there this comes off yesterdays down day for the dow. All this as we wrap up the month. Major index is on pace for the fourth straight month of gains gold on pace for its best month since january 2012 today, really likely to be all about the four horsemen of big tech, the same Companies Whose ceos who were grilled by congress, they all obliterated estimates with quarterly numbers and stocks are responding. There are some highlights. Google did post First Sales Decline in history other numbers are solid, google one stock not really responding today. In the premarket, apple up 6 faceb