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
And kick off to who is the best many of the year for stoshgz all sliding on weakness and manufacturing. Conditioned trade tensions will we get that sapta clauss rally this year or has the grinch taken control of this market guy i knew i would like that. I dont like that its almost as crazy as gobble, gobble turkey day. Last night on one of the networks that was santa claus is coming to town that is rudolph, by way i dont think youre going to see this rally but i think that for a while. On friday and today, theyre starting to show the warts but apparently he still hasnt done it. It doesnt think it is happening this year or early into next year december 15th, i think it is going to force President Trumps hand i dont think that youre going to see the rally into december 25th which a lot of people know as Christmas Day go forth with the move forward with the tariffs the hong kong solution was a real problem so the really good thing is that and the fact of the matter is that i think some of
From nbc news, this is today with lester holt and erica hill live from rockefeller plaza. And welcome to today on this sunday morning. Im erica hill. Glad to have you with us. Im kraig melvin. Filling in for lester. Jenna on maternity leave. Dylan dreyer just a few blocks away in front of the new nbc studio. Much more on that coming up in just a bit. We want to begin this morning with what could be the most important 48 hours of president obamas time in office. Hes pushed for congress to approve military action in syria. We just showed you some of the horrifying video, the aftermath of those alleged Chemical Attacks against the syrian people. We know the video itself very, very difficult to watch especially on a sunday morning, but it is part of what the administration is using to try and make its case to congress and the american people. And we want you to have all that information as well. Peter alexander is live at the white house with more on this for us today. Peter, good morning.