Bit of a bounce. Not much. Were not going down. Trend aint your friend. Its been a downside. Look, target, it was. Reporter 225. Right. So i mean, that obviously isnt good for the banks. I think the fundamental story still stands strong for many of the banks, but obviously, this is one of the pieces that theyd like to they would love if this thing started to move and we had a 26. I dont know that were going to see it, scott, but theyll survive and theyll do just fine even in the environment right now. Yeah, if you look, joe, in the pags month, venture down 5 . They are. How does the trend reverse if rates continue go down . As some suggest if that trend continues, the whole market is going to fall part. I respectfully disagree been its more how does it go back. Lets talk about bank of america. 17 in november, 25, 50 at its high point, somewhere around there, 23. 50 today. Folks are talking about the move in bank of america being over. The financials are trading at the upper end they do
Showers and storms through the area. Mid60s to near 70 now across many towns. A couple showers sneaking into n to western Worcester County out into the berkshires at this hour. Nothing severe right now, but what were watching throughout the day is a return of the warm front. Right around late morning, early afternoon, some of these isolated storms may be on the stronger side. So well have to keep an eye on that and even through the afternoon into the evening. Not all towns get hit. Well generally run into the middle 80s this afternoon. But theto severe. So well have to watch for that. Locally chance for rain. A lot of cloudtoground lightning. Some may produce some lockley damaging wind gusts as well as a little rotation. Well talk more on that in your forecast ahead. Sarah time now for fast track traffic with danielle gersh. Danielle thanks, sarah. Good morning, everyone. Youre in good shape if youre getting ready to head out the door this morning. The expressway, no problems. Lets go
Wondering what can we expect to catch . Whats down there . Why they never expected this. What is he doing there . You guys in america have american football. We have rugby. And some people say the rugby is somewhat of a violent sport. And you know what . Its just not true. My guess i better explain a bit on what is going on. Its a friendly match that happens between the british navy and the french navy. And there are those that say between the british and french, theres somewhat of a rivalry. Its just not true. 34 seconds of these guys just tackling, punching, throwing more punches and then they finish the game. Thats how rugby works. I love rugby. Thats totally how we do it, too. Rough and tumble and scrapping and then when it is all done nice job. Good game. This next video, this is how shopping works. Its from russia. These two fellows are the bad guys. They look like walking in like it. This is where the the problems start. Because the woman behind the counter doesnt really want to
Worst week in ten. Draghis comments dont add anything new. Rolls royce has a warning. Oil back below 44. Copper to a new sixyear low. Macys sending shockwaves through retail. Its not all brands. A big beat this morning from kohls. Well have an exclusive with john malone in a moment and apple reportedly diving further into payments. Pay pal and Google Wallet may be on notice today. First up, kohls up sharply on better than expected quarterly results. Comps up 1 . Retailers citing strong backtoschool sales. Comes after macys reported the weaker sales and guidance. Comps up better than estimated. Inventories up 5 but still sequentially better. The take is, given macys, this is pretty solid. There was a time when 1 comp growth would be something that i would turn to you and say, wow is that pathetic. People were looking for 1 comp growth and they gave it to us. Was it kohls has one advantage. They dont have a giant flagship store. Kohls is also trying to differentiate some of its products.
Come across couch, but first the Granite State ouch. Jed pushes here in New Hampshire where i am, in the way house of Integra Biosciences where jed spoke this afternoon. Were going to talk about that this afternoon today. His name is not universally liked in these parts. Nevertheless, as they say here in New Hampshire late or he or go home. This afternoon, i asked jed Bush Jeb Bush on w and hw losing past primaries here. Do you have any thoughts on why your brother and father both lost primaries here at least once . Im not going to reminisce about that. I could reminisce about my part of that losing effort, i guess. I brought about 250 people from orlando, miami that are not used to that kind of weather. It was a blast watching people from miami get accustomed to at the time i think in manchester, it was, like, 20 degrees. We had to learn how to walk on ice, and we were passing out oranges doortodoor with people. It was a blast. It turns out my brother and dad won florida but did not w