Target like i mentioned is up big on the numbers, but Abigail Doolittle joins us now. Give us the highlights. Abigail investors are excited about this stock having its best day. Expected, 24 than. 3 versus 8. 3 . The outlook is strong as you were mentioning. A lot of strength for target and it seems like folks are really stocking up through the pandemic. And they are also doing it from an online perspective. Helping lows as well, lowes a good, and they put out quarter as consumers were improving their homes. Up 35 versus the estimate of 21 of the stock being rewarded. Even with lowes bigticket items up 135 . Down seven point 5 , and it seems like the treasure craze fading out of luck. Investors are not positive on the idea that the Current Quarter could be difficult and they are bringing down supplies for halloween. There we have targets numbers. 11 , but digital is unbelievable up nearly 200 as americans are shopping from home. Brian cornell is encouraged by the online and encouraged
Negative territory down by. 2 . The dollar gaining strength and crude is all over the place. You wind up having opec leaders meeting and talking about maybe extending a deal through 2022. That comes from the Saudi Oil Minister. So the oil market is trying to digest that. The big news has been what is happened with apple. A 2 trillion market cap. We knew it was coming and now it is official. Isning me more is the but you are global on fx, apple, what do you do with that . Anne from a fundamental equity standpoint i cannot have any comments on all, that i would stay that say that this level of market cap is a success and that there Monetary Policy policy easing, the giant firehose of liquidity as well as actions by the European European Central Bank and bank of japan has bouyed the equity market and we are seeing a little bit of a rally and everything. We talked about that before the virus and it is interesting to see that we are back at that point and it reflects a tremendous amount of
It damaged the lobby were the first ceremony took place in 2004. The demonstrations have ripped the city for nearly three months since george floyd died in police custody. Global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Vonnie it is 1 00 a. M. In hong kong. I am vonnie quinn. In just moments, i will be speaking with the ceo of Arena Investors and discuss how he is finding opportunities amid the economic fallout from the pandemic. Earnings for target. The Company Posted record sales emerging as a winner in the covid19 era. We have the latest retail roundup. Ready set, opec. Roducers are meeting together we have the latest. Lets get to the markets. We saw a reversal of the trade with the nasdaq down earlier and other industries higher. We have the s p 500 up five points. The 10 year yield at 65 basis points so up from yesterday. We are anticipating results fro