Baseball caps tdow passed the threshold riding high from encouraging inflation reports that sent indexes to record closes. Are the good vibes making their way to main street . In a way, yes. Many people are exposed to the stock market through their retirement funds. Stock market gains like the ones we have seen this week, get real money for real people. Consumers are not feeling row a survey out showed that they are forried about the Economic Outlook than last month. Those feels are a boon for retailers like walmart that Beat Estimates in quarterly revenue. Shoppers are flocking as inflation takes a bite out of budgets. Shares hit a record close thursday. Now much of their gains are coming from high income shoppers, making up a greater portion of the companys business. Theyre still spending on big tickets like electronics, but low income shoppers are feeling more of the strain. Thats especially amid elevated housing and gas costs. How they feel about the economy is sure to be a central
Inflation report thats in all three major indexes to record closes on wednesday. Riding high. What are the good vibes making their way to main street . In a way, yes many people are exposed to the stock market through their retirement funds, so Stock Market Gains like the ones weve been seeing this week beget real money for real people. But consumers arent feeling so rosy a survey out last week show there are significantly more worried about the Economic Outlook than they were even last month. Those feelings are a boon for some retailers, like walmart, which reported Quarterly Earnings that beat estimates. Shoppers have been flocking to the Discount Retailer as inflation has been taking a bite out of budgets. Now much of what marks gains are coming from high income shoppers who are making up a greater portion of the companys business. They are still spending on big ticket items Like Electronics but low income shoppers are feeling more of the strain, especially amid elevated housing and
Debt, offeringedebt to buy that billions. Anchor plosser continue to watch president trumps first overseas tour. We will look at how his domestic agendas tracking while he is away overseas. This is daybreak asia, coming to you live. I am betty liu in new york, where it is just after 7 00 p. M. Anchor it is just after 7 00 a. M. In hong kong. I am yvonne man. Yvonne we were expecting a risk on feeling, but it seems to be shattered just a bit as we get more development out of Greater Manchester of fatalities at the Manchester Arena just a couple of minutes ago after reported explosions. A fluid situation, but we see the moves on dollaryen here this morning. Betty that is right. Dollaryen. Come into my terminal on the many futures on the s p mini futures on the s p. When the news broke, Greater Manchester police tweeting that there were a number of fatalities. A number of fatalities and injuries. About whereonfirmed the bush and from, what was involved, but they are confirmed right now. F
Im Francine Lacqua in london. A lot of news to get through. It is ecb. U. K. Election. We cannot talk about polling, anything to do with the various issues at play, but what we can tell you is polls open at 7 00 a. M. In the u. K. And will close at 10 00 p. M. You will have the first indication of who will be the Prime Minister of the u. K. Meantime, lets get on to data. Investors seem to be a little more at ease with some of the key events. We are not seeing huge moves. Financial markets mostly steady, investors avoiding big positions ahead of key events in europe. The u. S. And the testifying of edgingomey appeared oil higher. A nice snapshot of what we are looking at. 46. 04. Il in the u. S. At workerst to the first first word news with nejra cehic. In the u. K. , polling stations are now open for the countrys second general election in two years. 650 westminster mps will be elect did with 46. 9 Million People registered to vote. On the for our special u. K. Election 10 00 p. M. Lon
With toni collins in new york. With tom keene. In new york. Tom i agree with you totally. How alone is mr. Ewinger in strasburg . Francine he struck a very different tone to the past years. This was a ewinger that was very reflective. He thinks the European Union is frail and the 28member countries, 27, if you leave out the u. K. , are pretty weak at the moment. Heres sebastian in london. Good morning. Breaking news, a new Bloomberg Politics show shows trump leads clinton 48 43 in a twoway race. The public and president ial candidate polled strongly among white men without a College Degree. Hillary clinton faced a lot of acklash when she referred to some Trump Supporters in a negative way. And still the Russian Authority they say syrian troops have not returned the fire. A panel of british lawmakers the overthrow of muammar gaddafi, they say it was based on bad intelligence and faulty asutchingses. They said the Prime Minister at the time didnt properly towards threat. The u. S. Has ag