Our road map begins with the retail surprise. Best buy, sears, Williams Sonoma, all with earnings beat. Shares of best buy are surging. And Mickey Drexler is explaining how the j crew market missed the tech revolution. The s p is on track for another fresh record close. Opec agrees on the cut extension and oil is down. A lot of news on the retail front. Best buy is up, helped by an unexpected increase in u. S. Comps. Williams sonoma is out with better than expected guidance and earnings beat and then sears coming in above forecast. Although sales continue to slump. Its not often, jim, an 11. 9 decline in comp is actually above expectations. Yeah. Look, sears is a big short squeeze whenever it goes up and people realize well, wait a second. Even when they keep selling Closing Stores the existing stores have bad numbers. These are terminal numbers. I mean, i wont tell you that maybe you can close all of the stores and see the stock go up. But i have never i mean, there has never been a r
The investors are watching for signs of trump progress. And apple is up 24 in the first three months of the year. The best gain that stock has had in five years. And musk for the win. Tesla delivered a record 25,000 cars. Were others able to keep the pace . First up, despite the dow and s p snapping four month win streaks in march investors have reason to smile. Dow and s p each extending the quarterly winning streaks to six while the nasdaq outperforms both in q1 with a 9. 8 gain. April, jim, is seasonally strong. Havent had all three down since 05 in the month. Well get earnings. I think the industrials which have kind of plateaued, the banks, are going to be up first. For the most part if you get the dollar to stay weaker, you hear about International Orders i dont know if anyone saw that european pmi, but europe is strong. They could lead a lot of the industrials. Asia better. But i think that were going to start off coming in hot for earnings season. I think we a lot of companies
Data. China is dedicated in one 10th of 1 at the shanghai composite lower by three quarters of 1 . A big week for corporate earnings. Netflix test the technology rally and we will tell you what to expect. Lea also hearing more from the big banks this week. Bank of america, Morgan Stanley and Goldman Sachs to report. Nicole emotions ran high at austin garden is Isaiah Thomas said the celtics played a day after his sister was killed in a car accident. In the nhl playoffs, canadiens beat the new york rangers. Again, up two games to one. By the one in the new york. Monday from april 17th. Welcome to fbn am, your first look at morning markets and breaking news. Nicole mike pence issuing a warning to the government as tensions remain high on the Korean Peninsula. Over the last 18 months, career has documented to task, even connect in a failed Missile Launch as they traveled here visit. The era of strategic patience is over. Nicole parents visited a military base between life in south korea y
Children. Things that these memories will never get out of our herds. Its absolutely awful. The reporter gardner is now back in custody after road island officials took out an arrest warrant. Saying he frequented places children are, which is violation of the restraining order. He entered the Library Without the required written permission . . . . His Attorney Says the alleged violation is too vague. I suppose if you walk by a school, hes indx . . . . Violation, because he will walked by a school, a place frequentedly children. The reporter thomas, who now has a family of his own, is speaking out to make sure everyone knows just how horrible gardners crimes were. My kids kind of get the raw end of the deal, because im[] . . Afraid to let them go and do anything. The reporter and gardner is being held tonight without bail here in massachusetts. He will likely go back to rhode island, by the end of the week. Violated his probation. If so, he could go back and serve up to 30 years. We are