A lot of excitement building for the 2024 olympics which is 55 days from now. We will all be here together. We have more on the big events in a couple of minutes. I should tell you a lot of news coming out of france this morning. President macron going to new c caldonia where there have been riots going on. It is the Third Largest producer of nickel. A lot of folks paying attention to what is happening in the french territory today. Also news out of france where the country says it will be supporting the International Criminal court which says it would like to issue arrest warrants for Prime Minister netanyahu of israel and hamas. We will discuss all this and more throughout the broadcast today. Wow. Andrew, we have a ton to talk about. Joe just mentioned the Scarlett Johansson news with a. I. And the big issues coming from that. We will talk about all these things coming up. Are you scouting locations for us . We appreciate that. This is the first. Is this a good one, you think . Is t
Gold with the worst day yesterday down 1. 3 . Copper up 2 . It hit its highest level since april of 2022. We have been waiting for home depot. It hit. 3. 37. Closed at 3. 40. The same store. 3. 2. Overall, same store is down 2. 8. It was 3. 68 a share. Oh, its all on the teleprompter. Ill read it now. You heard this already. Home depot just reporting. 3. 63. Revenue missing. 36. 42 billion. 36. 66. I dont think those are people are expecting down 3 to 5. The same store sales fell 2. 8 . People were expecting 2. 2 . Ted decker saying the company is still seeing, in his words, continued softness and certain larger disregucdiscretionary pr. It is expecting sales growth of 1 . Lets bring in brian nagel for more. Still seeing same store sales. Brian nagel with oppenheimer. Brian, you figure the stock recently has been a little weak after a pretty good rebound after prior weakness. You dont think it is cheap . Good morning, joe. I dont think it is cheap. That is the key reason why i remain o
A and putting the eye on the funding measure for yoshi son. It is thursday, september 28th, 2023 and you are watching Worldwide Exchange here on cnbc good morning welcome to Worldwide Exchange. Im frank holland. Lets start the day as we kick off the hour with the check of the u. S. Stock futures basically flat across the board. Dow would open up 30 points lower. It is early. Stocks coming off a mixed session, but down for the month and quarter ahead of the open. The s p and nasdaq are on pace for the worst month since december of 2022 you see the down side action here the nasdaq is hardest hit down 6. 5 we are looking at the bond market yields at the 5 and 10 hitting the highest level since 2007 4. 63 for the 10year treasury the 2year treasury is rising since yesterday now at 5. 13. We are looking at the Energy Market and oil is moving higher to the upside. Oil at the highest level since june of 2022 9 93. 85 brent crude is up with natural gas down. 50 . Lets turn attention back to equ
And shanghai up 18 points. The dax up by a half percentage point. Similar gain for the cac in france the ftse in london up by a similar amount the yield in the to twoyear, up 1. 763 also look at gold prices because they were under some pressure yesterday gold down about 1. 6 1,27 1,279. 50 lowes is recording 1. 05. Above the estimates of 1. 02. Three cents above estimates. The revenue number that im looking at, at least sales, 16. 8 billion thats a bit above looking at this forecast company sees fiscal year eps of 4. 20 to 4. 30 if thats not an adjusted number, its below the 4. 50 on the estimate here. 1. 05, three cents ahead. The company is supposed to earn 87 cents next quarter that would have gotten the company to 4. 50. They beat it by three, so they only need84 cents in the fourt quarter to hit that number maybe thats adjusted. If its not adjusted, its below the forecast maybe theres something there. The adjusted number may be different than the 4. 50. Looks like theyre lowering
Congressman brad sherman of california on the trumpcomey soap opera. Arrests at the border hitting a 17year low, migrants shaken by the Current Administration sharp line approach as the president meets with Homeland Security Republican Leaders in dc, work on sweeping changes to policy, one man has decided to walk the 2,000mile long border in someone elses shoes, professor mark cai, this taking oeddessy, the man walking the entirety of that border coming up in 15 minutes, what he says hes discovered on both sides of the line. Hes been on ranches. It will stun you. Amazon made the hitting new highs bring brick and mortar are on ice. Why are not one but two money guys saying not all of the sectors should be left, the amazon proof stock you need to look at. Less than an hour to the closing bell. Stay with me. Charlie is with me, lets start the countdown. Liz we have now have 58 minutes before the closing bell rings. Breaking news, dow and s p are trading and poised to end negative for the