Performing dow component over that time. So the big question for apple investors right now is, doubling down on retail enough to reboot this struggling stock . Kick off the discussion with Brian Sullivan and michelle ka russ russocabrera. Theres sliding glass doors, 6k video screen and the eyes probably cant pick up. Trees planted along its Customer Support section inside. Theres also a public plaza open 24 hours a day. Free wifi and live music. Apple retail chief says it is not about evolving store design. But creating a community for customers and visitors. But as sounds nice. Sounds gorgeous as tyler mentioned, should apple bet big on retail instead of focusing on the next big product is . Joining us is contributor jan niffen and john fortt and january, what do you think of this move . Apple is good at retail. Good enough move . Its not like they cant do both, right . Its the next great store and they have to have the next great new store and now they look like a microsoft store, ri
Crude oil prices also, which yesterday ended relatively flat. Prices have picked up slightly to 48. 25 for p ti. Brent crude up as well. Existing home sales come out at 10 00 eastern time. Expected to have a risen but at a much slower pace than march. As for earnings look for campbells soup, deere, foot locker and the buckle. Its stubhub. They got pay you 500 oh okay, how much . Oh pay me a thousand o go. Kind of a negative Interest Rate thing where they actually pay you do come. Its ban busy week on the retail front. The latest name to report. Gap. The retailer posted earnings in line with previous guidance but it is giving a cautious outlook for the rest of the year. Warning it needs trends in the Apparel Retail environment if it going to hit wall streets earnings target. Amid that slump gap plans to close all Old Navy Stores in japan. Also some banana republics, mostly outside of north america and lit do that by the end of the business year. Following the latest reports s p downgrad
For the day, the Dow Jones Industrial average rose 65 points to 17,500. Nasdaq jumped 57, and the s p 500 was up 12. For the week, the dow was the outlier. Down fractionally and posting its fourweek losing streak since 2014, its first one. Nasdaq did just the opposite, snapping its own fourweek losing streak and scoring the biggest weekly index gains. And the s p 500 broke its own skid, up after three weeks of losses. All in all, it was an eventful week, chock a block with reminders for investors as we turn toward summer. Reminder number one. The fed matters, and it may raise Interest Rates this summer. The minutes from the april meeting released wednesday all but said so. Not a promise, but lots of hints. And it wasnt just hints in the minutes. It was fedspeak. Listen to bill dudley of the new york fed. The economy looks like its growing above trend and inflation is stabling, the labor market is tightening. All that chatter caused fed fund futures to bet on federal bank policy to spik
Industrial average rose 65 points to 17,500. Nasdaq jumped 57, and the s p 500 was up 12. For the week, the dow was the outlier. Down fractionally and posting its fourweek losing streak since 2014, its first one. Nasdaq did just the opposite, snapping its own fourweek losing streak and scoring the biggest weekly index gains. And the s p 500 broke its own skid, up after three weeks of losses. All in all, it was an eventful week, chock a block with reminders for investors as we turn toward summer. Reminder number one. The fed matters, and it may raise Interest Rates this summer. The minutes from the april meeting released wednesday all but said so. Not a promise, but lots of hints. And it wasnt just hints in the minutes. It was fedspeak. Listen to bill dudley of the new york fed. The economy looks like its growing above trend and inflation is stabling, the labor market is tightening. All that chatter caused fed fund futures to bet on federal bank policy to spike. They now price in a 30 c
Industrial average rose 65 points to 17,500. Nasdaq jumped 57, and the s p 500 was up 12. For the week, the dow was the outlier. Down fractionally and posting its fourweek losing streak since 2014, its first one. Nasdaq did just the opposite, snapping its own fourweek losing streak and scoring the biggest weekly index gains. And the s p 500 broke its own skid, up after three weeks of losses. All in all, it was an eventful week, chock a block with reminders for investors as we turn toward summer. Reminder number one. The fed matters, and it may raise Interest Rates this summer. The minutes from the april meeting released wednesday all but said so. Not a promise, but lots of hints. And it wasnt just hints in the minutes. It was fedspeak. Listen to bill dudley of the new york fed. The economy looks like its growing above trend and inflation is stabling, the labor market is tightening. All that chatter caused fed fund futures to bet on federal bank policy to spike. They now price in a 30 c