Target like i mentioned is up big on the numbers, but Abigail Doolittle joins us now. Give us the highlights. Abigail investors are excited about this stock having its best day. Expected, 24 than. 3 versus 8. 3 . The outlook is strong as you were mentioning. A lot of strength for target and it seems like folks are really stocking up through the pandemic. And they are also doing it from an online perspective. Helping lows as well, lowes a good, and they put out quarter as consumers were improving their homes. Up 35 versus the estimate of 21 of the stock being rewarded. Even with lowes bigticket items up 135 . Down seven point 5 , and it seems like the treasure craze fading out of luck. Investors are not positive on the idea that the Current Quarter could be difficult and they are bringing down supplies for halloween. There we have targets numbers. 11 , but digital is unbelievable up nearly 200 as americans are shopping from home. Brian cornell is encouraged by the online and encouraged
Because we have a historic moment with the introduction and the nomination of Kamala Harris to the Vice President ial nominee, and we have a lot of big democratic stars who will be speaking, including nancy pelosi, hillary clinton, elizabeth warren, and barack obama. This will be an important night for the party to get an audience and introduce, harris. Introduce Kamala Harris. I am hoping we hear less attacks on the president and more about their governance strategy. David one thing we have not heard about is the issue of law and order. President trump will hit it hard. What is going on in some of our cities. We see it in new york, in chicago, in seattle. Kamala harris is in a particular position to address that, how we can police our streets and still not abuse some of the less fortunate. Jeanne this is what i have heard from moderates and more conservative friends who say this is a glaring absence so far in these last couple days. We know this is going on in the country around us, a
It damaged the lobby were the first ceremony took place in 2004. The demonstrations have ripped the city for nearly three months since george floyd died in police custody. Global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Vonnie it is 1 00 a. M. In hong kong. I am vonnie quinn. In just moments, i will be speaking with the ceo of Arena Investors and discuss how he is finding opportunities amid the economic fallout from the pandemic. Earnings for target. The Company Posted record sales emerging as a winner in the covid19 era. We have the latest retail roundup. Ready set, opec. Roducers are meeting together we have the latest. Lets get to the markets. We saw a reversal of the trade with the nasdaq down earlier and other industries higher. We have the s p 500 up five points. The 10 year yield at 65 basis points so up from yesterday. We are anticipating results fro
A natural gas bonanza in the black sea turkey announces its Largest Energy discovery ever to find has the potential to reshape the turkish economy. A michael joins us german doctors say a russian opposition politician alexina volney is in a fit state to be airlifted to berlin thats after they were allowed to see him at the hospital and where he remains in a coma the medics arrived earlier to transfer of all need to germany for treatment but russian doctors have said hes too fragile in a condition to be moved evolving supporters believe he has been poisoned because of his political activities. This is the hospital alex was taken to with a case of suspected poisoning and this is where hell remain for now. Doctors here say novelli is too sick to be moved by the ambulance that was supposed to take him to germany for treatment. Regarding us transfer i think and this is what the doctors counsel decided that its true early we have to completely stabilize the patient 1st and they also say they
Steve engle at Standard Chartered with a blistering note about the fed minutes being reinterpreted. Weve got some breaking news. I dont know if you see it there i home in london, but this is critical. Alone,leaves the rate and we get turkish weakness of that headline. Mr. Erdogan simply doesnt want to raise rates, does he . Anna absolutely. They are leaving their oneweek repo rate. The big picture here is that many economists saw this coming, but also thought the Turkish Central Bank should hike rates because the Interest Rate in turkey is well below inflation, and that kind of makes turkey stand out on a number of measures. They are also spending fx reserves to try and prop up that lira. We were talking about a turkish crisis back in 2018. The lira is weaker now than it was then. We will talk more about emerging markets later in the program. Lira has been stronger the last one he for hours. It weakens demonstrably off of this leaving of rates. Right now, i can do the data check right