Are a little mixed. Nasdaq is down ever so slightly but earlier, the nasdaq had also been slightly higher. Looking at another round of record highs. Hope surround tax reform and the earnings season really kicking off on friday with some of the big banks. Investors on hold, taking a breather. Highs, relative to checker sector composition, tech lower as well but one of the best sectors on the day, health care. Almost 5 tific up up for the half percent. 4. 5 . Johnson johnson up 1. 9 . Investors liking what they had to say. Retail, a bit of a mixed picture. Season, butiday urban outfitters, not so much, down 5 . That is below what they had guided two, before and we also have under armour down 4. 4 . On brandside ahead risk and i know you love charts. Check out this chart on the s p 500. This is the rsi or momentum indicator on the s p 500. When it goes below 30, that suggests the market is oversold. We saw that back in the mid90s, for the most part in between those two levels, hitting lev
Ceo will join us with a first on cnbc interview. It was really good. Breaking news from the white house. President trump about to discuss the Senate Health care bill. Kayla tausche has a detail and maybe some breaking news as well kayla . Reporter bill, we are expecting the president to make remarks from the blue room here at the white house in just about 15 minutes time but it comes as the white house and its cabinet agencies are trying to coalesce and put together a unified policy and a unified front in exactly what its stance is when it comes to health care. Of course, this as the senate is expected to vote this week on a procedural motion to proceed on the houses Health Care Bill its that sort of slate from which they can build, they can amend, they can potentially edit that as they see fit, but it is that motion to proceed that is going to come up this week im told by senior gop aides theres no date set for that just yet, but in terms of white house policy, a Senior Administration
Alphabet. The stock which you may own in a fund or retirement account or individually initially fell by more than 3 when the Company Reported profits 28 lower than a year ago. That was largely because the company booked a 2. 7 billion fine from european regulators. Ongoing Regulatory Risk is apparently what spooked investors this afternoon. Overall, the business is clicking right along. Net revenue rose 21 to 26 billion. Clicks on ads jumped 52 compared with a year ago. Cloud revenue up smartly as well. Josh lipton has our report on alphabet, the Worlds Largest advertising company. Reporter 18. 4 billion, that was a big number in alphabets latest earning report, refers to google property revenue, revenue generated from search and youtube. Raymond james says its critical because thats the highest margin businesses for google and the revenue jumped 20 year over year. Kessler notes there could have been some disappointment in the report specifically with traffic acquisition costs, thats w
During the week on average is. They are still hanging on to the. On to that. Mario draghi talked about more stimulus to do what is necessary in the ecb to promote inflation rapidly, in the words of draghi. Performer, the best i mean, the dow was the best performer of the three. Specifically, we saw a nike and united health. Ite was bouncing back and would potentially be pulling back from the exposure of the Affordable Care act. United health care saw shares dropped sharply. They saw this as a buying opportunity and nike announcing 2for1 stock split in a buyback authorization. These are hoping to get the dow higher today. Earlier today, this crossed over into a very early gain and now it is in a very small decline. We will see how that goes into the closing bell today. Betty you are seeing a retailers higher on earnings . Yes, but today, it seems as though the glass is more half full than half empty. If you like at some of these retailers and where they are trading today, there they are
Quite look at the temperatures, upper 20s in the piedmont, low 20s, even teens in Western North carolina along the tennessee border. A cold day ahead. It will get blustery with wind. We will see 1020 plus mileperhour wind this afternoon and this evening. Increasing clouds, too. There will be flurries of snow in the mountains later on tonight. Spartanburg feels like 21, anderson feels like 24, even with a light breeze. Afternoon highs pushing 50 for the mountains with more clouds building in. There will be a few flurries of snow in the mountains tonight mix in with rain. Tonight tomorrow, cold day ahead, too. That is what is going on this morning. Bundle up because you will need a warm jacket with those breezes blowing. Patrick last nights game was nothing short of exciting. They fell a little short. Allyson geoff hart this morning and glenn dell, arizona. He was there for all of the geoff it was absolutely everything that you would want in a National Championship game. Clemson was righ