Oil under 40 bucks. Tenyear slipped below 1. 9 on a weak adp jobs number. Godaddy shares pricing above the expected range. Well talk to the ceo after the first trade. Simon properties withdrawing its offer for rival mall operator macerich after it gets rejected like we told you they would. Walmart Holding Investor Day at nyse putting pressure on suppliers joining the religious freedom debate. Futures are lower. Data from adp showing the private sector added 189,000 jobs last month, a miss. It was a mixed First Quarter for stocks. The nasdaq was the big winner up almost 3. 5 . S p up more than. 4 . Like the nasdaq posting its nintendo consecutive quarterly gain. The dow did finish the First Quarter in negative territory after the drop yesterday of 200 points. Earlier on squawk, sam zell believes stocks in fact overprized. Theres a significant and growing disparity between the stock market and the economy. Almost every company is turning in numbers that are less than expected. Revenue pa
And the with the arrows, Dow Jones Industrials down 15,749, the and the attendant to the green up 1 4 and the nasdaq 1 2 , there were concerns abroad particularly from china and we are focusing on janet yellen, that will be later tomorrow and lets look at macys up 9. 5 , as they own bloomingdales coming in with a good profit after last quarter. Lori the deputy chief Information Officer testifying before congress the administration underestimated the volume of users. Rich the hearing is now, the administration saying anywhere between 2025,000 users can log onto healthcare. Gov at the same time. By the end of the month they are doubling down on their promise the vast majority of users will be able to log on to that site. The one official, chief Technology Officer said we are working as hard as we can to hit the november 30 deadline. They are hitting the witnesses as to when this will be fixed and in the end how much this is going to cost. Does anybody know . If it is not working, does an
More cash to shairps shareholders. Sears shopping for buyers for its canadian unit. Eddie lampert making more changes to that retail empire and sony, negative results again. More record highs for the s p and dow despite the soft data. Will we see new highs today . Another acquisition for yahoo . Marissa mayer scoops up snap chat rival strategies by a thousand buys blink. Youll miss another one. Whatever that meant. I dont know what i just said. Alibaba liked it. First up, though, macys did report First Quarter earnings of 60 cents a share, Beat Estimates. Retailer says comp sales down 1. 6, hurt by the Winter Weather and macys earnings released Terry Lundgren says sales trends did improve in april when weather started to improve. Announcing a 25 Dividend Increase and boost in the share buyback. The story on m is margin control. Despite the decreasing comp held vndsers to the fire. Got operating margin, 7. 1, looking for 7, gross margin 38. 9. Thats in line. Did they squeeze toomey . I
York stock exchange. Were going to start with the markets, ty. The nasdaq has had a great performance so far. We put that at the top of the board right now up 0. 6 of a . The dow is negative by about five points. The s p is up a quarter of a , the transports up about 50 points, and the russell to 00 up two thirds of a percent as well not a bad start for the week. There wasnt a lot of positive catalyst. Sometimes just we didnt have any negative catalyst. Thats enough just to move the market. I think we had some selling out of europe. We deli see that spike up . That was the european close. As europe closed, the market spiked up. Whats important here is the small cap, the russell 200, put up the board, the russell 2000 is leading. Look here, over the s p 500, that hasnt been story for a long time, and more importantly, sue, the right things are leading, internet content names, for example, so your zillows, pandoras, yelps, linkedin. Those are leading. Biotech, not only is biotech up. Its
Charter peter sands is in the house, the state of the Global Economy and how they view whats going on in europe, the nonsense in d. C. Over the budget and debt ceiling. Were not finished. The hits keep coming. Cisco ceo John Chambers here exclusively. A lot of tech news. Well get to that coming up in the next hour. Googles eric schmidt, our special guest host in one hour. Hell be with me on set. Well talk with John Chambers along with eric schmidt. That will be interesting getting them to talk together. So much to talk about google and a lot more. Well get into technology and innovation. Wow, tech titan talk, huh . Yeah. Next hour. Lets get to the markets right now. As maria said, four down days. This could be the fifth. The dows down 42 points. Walmart, a drag late this afternoon. Well talk about why in a little bit. Theyve come off the lows, though. Now down 42 points. Questions on inventory now. Nasdaq is down to 37 64. S p is following suit as well, down 2. 50 points. Dow and s p i