Did rise 28,000 and europe remains in another tight premarket range today. Our road map with another tough day in retail. Challenges continue at sears and best buy. Both brands declare a bare market Consumer Electronics. Apple the new weather. And internet ipo jd. Com pr e prices in the range. What it means for alibaba, the market, feature of ecommerce. Can we maintain yesterdays rally. Positive data from china but claims elevated. And one very steamed darden investor, starboard, launches a fight for the entire board of directors at darden, all of it or much boiling down to the sale of re red lobster announced last week. Best buy first up reporting better than expected operating profits of 33 cents a share in the First Quarter. Revenue and comp sales did miss. The company says it expects to see ongoing industrywide sales declines in many Consumer Electronics categories. Sears posting weaker sales, First Quarter losses came in wider than expected. The best buy story, though, is marginal
What am i going to do with this thing . And they have somebody knocking on your door, and theyre harvesting. Hey, have you gotten your ballot . Yeah, i have my ballot. Are you going to sign it . If you want, ill sign it. Here it is, get out of here. Thats the most honest way of doing it. And thats unfair. Thats unfair because now theyre taking all of that enthusiasm that our party has, and we have tremendous enthusiasm. I think we have record enthusiasm. We have a base [ cheers and applause ] we have a base the likes of which nobody has seen including these people. The wall street journal did a fantastic story this weekend, a fantastic cover story on this base, an incredible base. Everybody here is going to vote. We have a tremendous base. They dont. They have no enthusiasm for their candidate because, frankly, Bernie Sanders, they have much more enthusiasm for him but Bernie Sanders, excuse me, again, hes the greatest loser ive ever seen. This guy can lose and be so happy. Hillary cli
Department says the data is not complete, two states with faulty data. That number is probably going to be revised. Europe wrestling with euro production down. In the oned by putin in the times calling for caution in syria. Facebook looking to hit a second consecutive alltime high today. Ceo Mark Zuckerberg changes his tune about the ipo process. Shares of lululemon. And an initial public offering. Ill have more details in a moment. Weve had three tripledigit gains in the dow. Last time we had four tripledigit gains in a row, never. Doesnt look like were going to do it today judging from futures. We did have an eightday streak in july, longer than the sevenday streak. The s p, yes. I was looking at the s p. After that it didnt go down immediately. August was tough so maybe i dont know. Last night im watching the tape and unfortunately we saw some tough numbers from jay crew, which it just shows you if apparel how tough apparel if jay crew didnt do that well and theyre the best there is
Drugmakers. Pfizer and merck. Big pharma is something to watch during this earnings season. Lipitor sales are out patents. As they lose the patent, they lose some of the money. Adam that is something we can talk about another day. Right now, oil has been falling below 104. Phil flynn is in the trading pits of the cme. New numbers show that u. S. Demand for oil is actually slowing down. The selling is actually picking up; right . I think so. Refinery runs are well above normal for this time of year. I think it is one of the negatives that is weighing on oil today. The Economic Data that came out today, Consumer Confidence, the home sales numbers, that does not really inspire a lot of talk going fooward. You have the worries about the federal reserve. The good news is it is also bringing down rbob, which, of course, at the gas pump, that is a sign that we could see prices come down. Adam phil flynn, thank you. Lori gearing up for the biggest week of the summer. The seventh time in all of
It was a couple months ago. Were going to follow this. Welcome. So happy to have you. Not happy if youre a facebook shareholder, but youre still doing okay in the scheme of things. Lets get a look what the president will talk about in illinois. We have deidra bolton on what everybody is talking about at the corner of wall and broad. We begin with leland. Leland . Were a couple minutes away from the president coming to this steel factory here, granite city, illinois. Across the river from st. Louis. These are the folks that he will highlight. The 800 new Steel Workers have this been brought on to this new facility because of the tariffs. They have about 800 new employees. That could go even more. Obviously the thing the president wont talk about is the jobs lost because of the tariffs. About 150 about two hours south of here. The success of the tariffs. The president of u. S. Steel up here talking to his workers, this is a steel plant and he kept talking about how much he needs to see w