Its been a wide range today. Former citigroup ceo sandy weill will join us to discuss the water shed moment at his former company which just became the first major u. S. Bank to appoint a female ceo plus, well speak with jason robins from draftkings ahead of tonights nfl kickoff. And we are counting you down to some exciting earnings after the bell today including peloton, oracle, and chewy. Two out of three are big stay at home winners plus an interview with chewys ceo as soon as the numbers hit the tape lets get straight to the market in the final hour of trade another volatile session on wall street mike santoli tracking the action for us what caused the weakness here in the last few momentors so . That morning rally was really limp it did not pass any of the tests. It stopped where yesterdays highs were nobody had any faith this was really going to be upside momentum then you had a rally in the treasury market. Yields got compressed a little bit. And the dollar is also been higher
Safe and continue to play. This morning the commissioners response to one star player who says the league failed to put health and safety first. Fatal encounter. A woman killed in whats believed to be maines first deadly shark attack ever while in new york several beaches now shut down. The latest in a live report straight ahead breaking overnight violent new clashes between protesters and armed federal agents in portland, oregon large demonstrations in other cities across the country. On the ground on the ground. This morning, the growing chorus of mayors demanding Congress Step in those stories, plus a heros farewell that saved a wretch like me a powerful rendition of Amazing Grace moves people to tears at the u. S. Capitol where congressman john lewis lies in state. Today, tuesday, july 28th, 2020 announcer from nbc news, this is today with Savannah Guthrie and hoda kotb live from studio 1a in Rockefeller Plaza hey, everybody welcome to today. So happy youre joining us on a Tuesday
Despite strong sales during the shutdown, especially from walmart. And times of trouble in the Housing Market u. S. Home building dropped by the most ever in april a lot of talk of a bottom has those housing stocks up as well today. Absolutely. But as you said, the Broader Markets near the session lows. Coming up on todays who, well speak with Eric Rosengren on the back of that congressional testimony from chair powell and secretary mnuchin. Well get his read on the economy and whether weve reached a trough in the data plus, well speak exclusively with jim fiterling as the Company Releases a return to work playbook but lets focus in on the big stories were watch ing today. Mike is tracking the Market Action courtney has highlights from retail earnings. Mike, you and the market just selling you have a bit, but of course only lightly following yesterdays big rally. Actually today is i think the narrowest range intraday for the s p 500 in three months and by the way, three months to the d
Looks to defend against political unrest and the coronavirus. The main feature is a oneoff cash payment. Manus breaking news from one of the worlds biggest miners. The rio tinto, underlying 22. 2 billion, a beat on the market estimate. The underlying profit, the core number is also a beat, 10. 37 atlion on a number estimated 10. 2. In terms of dividends, 6. 2 billion, they are pledging zero emissions by 2015. On the capex, they say they will spend 5. 49. They will report a final ordinary dividend of 3. 7 billion. Those are the top line numbers as we got iron ore grumbling for a Third Straight day. Market, soe in that in terms of the rest of the dividends, it is going to be that that really drives the market this morning. Hes got some numbers from ed echo. What weve got is a 600 million Share Buyback announcement and the fouryear Dividend Per Share coming in at 2. 5 job 2. 5 swiss francs. Share buybackion is something to note. Adecco is unlikely to buck a negative staffing trend so we w
Profits. The most valuable Public Company in the u. S. Easily beat wall street estimates. Reportingarnings of more than 10 billion in sales of more than 30 billion both double digit increase from us ay year ago. It may have made its name in the wonts operating system but the future in the cloud. The Cloud Business called azure owth in the recent quarter was below 6060 a big number with you one that gave investors pause. The stock volume nil initial after hours trading, josh lipton asore on microsofts quarter. Expectations ran highan into microsofts latest earnings with the stock up nearly 35 so far this year as invtors bet that its a smart way to capitalize on the shift to clou computing. One b b n nber that investors watch, commercial cloud revenue you go incding azure microsoft answer to riviv aws and cloud properties. Commercial cloud revenue clocked in at 11. 6 billion with gross margin spanning to 66 . Kirk ma tern says the growth in the cloud is translating into real earnings pow