61 points. Whats happening across the pond in the european markets, and its a mostly lower day as you can see. The ftse bucking the trend up one third of one percent see where Interest Rates are heading today and theres 236 on the 10year and crude is holding there. The road map starts with the largest proxy fight ever Procter Gamble shareholders deciding whether nelson peltz should get a seat on the board plus, the e commerce play, walmart remodeling stores andaging digital experiences and betting online sales will grow by 40 honnywell, shares rising after they spin off the home and transportation units front and center, Procter Gambles annual meeting getting under way. Shareholders whether to give nelson peltz a seat on the board. He has been seeking changes and p g officials are opposing saying their Growth Strategy is on track of the lobbying on both sides has been intense sara eisen will have exclusive interviews with nelson peltz and Procter Gamble ceo, david taylor first, jim cra
Our road map begins with more earnings on the way and counting down to jobs friday. Goldman slaps a sell on gm after a very strong rally in those shares they are down now in the premarket. And first charges in Robert Muellers special investigation are likely former Trump Campaign chair Paul Manafort has turned himself into the fbi this morning. Stocks are beginning a new week after the major rally in big tech so far this month the dow leads the way and nasdaq surpassing the s p thanks to the tech surge. If we can avoid going negative for the month, guys, the s p is down one month this week by. 4, almost a perfect year up every month so far. Were in some sort of sweet spot where it does appear on friday in any other market i would have said thats a blow off. You see incredible gains from the big Nasdaq Companies but in a blow off typically the numbers cant match the stocks but the numbers were quite impressive and i know its not the focus but when you go back over intel, intel has this
We are waiting for macys earnings to go across, and we look at you updated when they go across. Talking about a weaker dollar. Done 5 10 of a percent. Over all, you are looking at a nikkei that got wiped out. Really confused traders and market participants. Yen shooting up after that. I am taking a look at the contents, q 10s, flatter. Copper is an interesting options move. 10,000 copper by december of next year, started trading at 4. 5 million in on my trade. Jonathan i just assumed you have a bloomberg inside your head and you saw the earnings coming through. Coal, positive 0. 1 . And totalter sales coming and up 4. 32 billion. Estimate was 4. 3 billion. Inline if you are looking at sales. Here is the picture. Down 7 10 of a percent. A lot of retail coming through. Macys as well. Keep it right here. David earningspershare must a little bit. . 72, couldsed to be part of the reason ecb red number. That part of the reason you that part of the reason you might see red up there. First wor
President trump and cbs news over the weekend. Pegged to his 100day anniversary in office. The president raising a number of important issues but particularly talking about north korea and trade. A comment that might indicate some shift in the president s thinking. Heres what he had to say. North korea is maybe more important than trade. Trade is very important. But massive warfare with millions potentially millions of people being killed, that as we would say trumps trade. Reporter other president s have viewed trade very much that way as sort of a poker chip in a larger geopolitical game. I had an opportunity to ask wilbur ross about that here at the white house last week. He said ultimately this white house looks at trade in a different way than other white houses have looked at it. That comment would suggest that the president is changing his mind and coming around to a more traditional way of thinking about trade. I know you guys just spoke to wilbur ross about that this morning a
Details coming up during this final hour of trade today. Worst day for stocks since september of last year. Financials and tech are hit hardest. Tech especially had been leading us all the way to the upside. Weighing on the dow with two price components, goldman and apple down about 5 and 3 respectively. The question is will the sell off last. We will talk with Jeremy Siegel, he will join us and talk about why he thinks it is a great buying opportunity right now. Of course, he has been bullish on this market for a while. And dig kovacevich and don peebles will join us to discuss the president s strategy and whether he can get republicans on his side. Why is the Market Selling off today after a series of stories that seemed like scandals over a couple of weeks . A number of notes have been passed around on wall street today with people speculating on all of that. Programs dan clifton of stratega summed it up in his note. He said this morning, and i quote, the past eight days are like no