At 1. 08. The unstoppable market as investors digest the details of that china trade deal. Stocks ready to open on new records. Southwest is pulling the boeing 737 max until june. Airlines are digging in for more delays. And shares of Morgan Stanley before the bell. They posted record profit and revenue in 2019. Stocks looking to make more history a day after the dow closes above 29k for the first time and the president signs that phase one deal with china the s p on its way to the seventh weekly gain in eighth. Total holiday, exauto and gas up 44. Names like target might have been an execution issue. Yeah, i have to say that. I just dont find any other excuse i do think that Brian Cornell pretty much said, listen, we screwed up other people, other stores kid better that aggregate number is so much stronger than anything you saw from target. I have to believe they went to walmart, best buy or costco but they sure didnt go to target. Were going to get more earnings as we shift from the
Interested forecasts ibm is betting on 5g growth and the cloud, it has a tieup with at t that is talking exclusively with jim about he got both. And president ial pressure trump saying his administration will take a look at accusations from tech investor peter thiel that google coordinated with the Chinese Government so some mixed reaction out on bank earnings. Jpmorgan chase, Goldman Sachs, wells fargo. Guys, obvious lly the reason th stock is down they lowered their nim forecast by 500 million. Sometimes you look at a quarter and you say, please, please, give me a highlight. Look, the efficiency ratio was good but when i look at what the other banks have done, i understand that jpmorgan is good, just not shoot the lights out. I dont think when i look line by line, look, you got some good numbers here you have the Consumer Community banking this line about the just the consumer itself, these guys are coining money theyre not coining money as i would like it because of Net Interest Mar
Im maria bartiromo. It is monday, march 18, your top stories, 6 00 a. M. On the east coast. Of day markets beginning a new week, take a look, futures indicating some losses for the dow industrials, lower by 7 points. Nasdaq is on fire once again, futures indicating a triple digit rally for the nasdaq, up 117 points right now ahead of the Federal Reserves march meeting that begins tomorrow morning. Were previewing where the central bank stands on rate cuts happening later this year. European markets in the green, the bank of england meeting this week as well as the bank of japan. Well have all of those results for you coming up. Best performer in europe, germany is up 68. Asia, green p green across the. Nikkei average up 2 and two of thirds percent on the session. Also, Hunter Bidens former Business Partners will testify in an open forum this wednesday despite hunter biden saying he will not show up as House Oversight Committee Chairman james comer tells me criminal referrals are coming
Abramowicz some Jonathan Ferro your equity market on the s p 500 slightly negative this morning fantastic lineup looking ahead retail sales just around the corner. Earnings from home depot dropping across the bloomberg tomorrow. Numbers from target results from walmart on thursday. But once again this morning, we have to begin in china. Rate cuts bramo and the data not great at all. The biggest rate cuts going back to 2020. The data coming weaker across the board. Whether it has to do with retail sales, whether it has to do with industrial production. They scrapped their youth unemployment metric, which is not exactly encouraging. And now the question is, are they preparing a big enough stimulus to really stave off weakness that is much deeper than people expected . This is the right signal. The big question, youve alluded to it, whats next . Heres the commentary this morning from standard chartered. The cut has been aggressive from sogdian. This is unlikely to be the last measure. So,
No, no, no bad boys, bad boys whatcha gonna do whatcha gonna do when they come for you . Hands behind your back bad boys, bad boys whatcha gonna do whatcha gonna do when they come for you . Announcer cops is filmed on location with the men and women of Law Enforcement. All suspects are innocent until Proven Guilty in a court of law. A lot of times when people come up and say thank you to me, i always tell them that, you know, thanks is not needed. Its just something that i love to do. But it just makes you feel that much better about this job and what youre doing when, you know, someone comes up and just appreciates everything that you do, that youre willing to go out there and put yourself in dangerous situations to keep everybody safe. over radio there he is. Come behind 405. Ill call it. Right now, weve got two officers in pursuit of a stolen motorcycle. over radio still continuing eastbound. He evaded earlier today and the officer just located him. Right now theyre headed towards s