Consumer this morning. Well break down earnings. And breaking up is hard to do the chairman of the ftc weighing in on how to separate facebook the dow and s p in the midst of a three session win streak, moving closer to erasing all of the losses from wednesdays big selloff with stocks set for modest open, does this signal a pause in the volatility jim what do you think about that question i think that thats probably wrong. I dont see a pause because at what point today do we start hearing about jackson hole and what powell is going to say and what the president is going to charge were still dealing with a rosy hangover from the weekend talk shows where people really are buying into what larry kudlow said and it is interesting, but home depots comments are very much like what larry kudlow said. That things are a little better than people realize. There is no recession. This is pretty good. I feel like when i hear those things, it makes me think of is the hawks on the fed are going to be
The Halftime Report starts right now. Welcome. Its good to have you with us on this tuesday our Investment Committee, joe terra nova, johnna jerian and marian bartell lets begin with apple second best performer in the dow. Stock topping 213 this just has been quite a comeback, jim. We had that big selloff the day that the latest tweet on tariffs came out about 2 1 2 weeks ago steadily climbing black. A barometer for the market, a little bit of give from President Trump on china negotiations first there was the delay of the tariffs, then there was the talking with the apple ceo tim cook on friday where he said he made a believable case and a discussion he had with the ceos of three major banks so apple as with the market i think is perceiving that maybe there is some recognition from this president that the tariffs have done what they could do and any more will hurt and maybe the market thinks well get a sooner resolution. Were only 20 bucks away from an alltime high yeah who would have
Uncertainty, and all of that made for a down day that saw losses accelerate into the close. The Dow Jones Industrial average fell 173 points to 25,962. The nasdaq was down 54 and the s p 500 slipped 23. One of the bright wpots toda home depot. The Worlds Largest home improvteent retailer rep betterthanexpected earnings and that sent its shares up more than 4 , making it the Top Performing stock in the dow today. But the company did lower its Sales Outlook for the whole year amid concerns about the economy and the tradeco war. Tney reagan has more. Reporter recession fears loom and there are signs of owing economic growth. Home depot executives say the consumer remains healthy and the Housing Market is stable, though it wasnt a perfect quarter for the Home Improvement retailer. Lumber pricetieflation ces to weigh on sales. Prices are more than 50 lower than a year ago, and a big reason comparable sales disappointed. Unseasonable weather delayed some Home Improvement projects early in th
The school board honoring tradition and the law. 02 16 16 were all for patriotism, comrarderie and teaching the students what the veterans want. 02 19 34 i just want to thank the school board and the community for supporting us and deciding what you have means a lot to us. The decision comes after controversy, social media storms and what some called slander of some school board members. 02 22 13 there was a lot slander and things blown out of proportion and im glad about the professionalism of the legioners. Some suggestions. 02 22 50 i would ask you to consider amending your resolution to include a unannounced event. And critiques. 02 25 22 the clear and unambiguous reading of the law gives the superintendent and the school Board Discretion at any time to allow fire arms on school grounds. You do not need a policyoverall, the board says they want to continue to work with the community. The ceremony will be held on veterans day on november 11th at belle plaine high school. Covering th
Are not something theyd ever expect, or want. I mean theyre just willing to just shoot in a neighborhood, and who cares whos in the way 11. 08. 43. 24don reynolds was driving home after his shift last night, and saw the commotion. Buwhat started as a traffic stop, ended with 21 yearold Jonathan Tyler gossman, shot and killed. The cedar rapids officers are doing what theyre being paid to do,cedar Rapids Police chief wayne jerman says,thats exactly what his officers were doing tuesday night, when they stopped a car with three people inside. He says investigators susuected drug activity, and when they pulled over the car on ravenwood, they say gossman took off through the neighborhood. Chief jerman says two officers followed him. And then there was another physical confrontation down the strere from the stop 11. 31. 1. 25 thats when he says gossman pulled out a gun and was shot and killed. My concern is always the welfare of the officers 11. 32. 36. 13 24 7 in that what they go out and do