The nasdaq finish lower, but we still remain stuck in this range. Joe nasdaq declining because of those tech stock earnings. Google and microsoft getting hit. Scarlet it has been an adjusting week to sift through, especially as they get ready for the central bank meetings. Joe next week should be more interesting from a macro perspective. Scarlet lets go into our computers for a deep dive. You are taking a look at caterpillar. Joe why do we care about caterpillar earnings . I have shows exactly why you care about caterpillar. Caterpillar going back to 2006, the yellow line, versus the green line, msci emerging markets index. Look how well that lines up. Things werewarning not going to be that great. Of miningr does a lot and construction stuff. Caterpillar is beautiful. It is all encompass there. Scarlet it holds pretty well. As much as a bellwether caterpillar is, technology is the most influential sector in the u. S. Stock market, and there has been annexed it is out of technology. E
Numbers. Profits miss estimates by a penny. The massive data breach hang over the stock. Macys downgrade with disappointing results, dicks and urban outfitters. All moved lower. A vote coming for obonomics in japan. And well have an exclusive interview with the ceo of halliburton to buy baker hughes. Revenue above consensus rose better than expected 5. 2 . Retail noting at 28 million and expenses for that recent data breach adding it cannot estimate the total cost of the breach which for the year, about 34 million. Not bad in a tough retail environment. Traffic up. I think what happened is last week macys reported a quarter where they cut the forecast, yet the stock rallied too after being down one. That caused a lot of people to say it doesnt matter what retailers do. Its going to be a good holiday. Gasoline down, employment up means you can suspend what people think. Lots of stocks ran. When you run into a quarter, suddenly we take it into account the way we didnt when macys was stal