And shanghai up 18 points. The dax up by a half percentage point. Similar gain for the cac in france the ftse in london up by a similar amount the yield in the to twoyear, up 1. 763 also look at gold prices because they were under some pressure yesterday gold down about 1. 6 1,27 1,279. 50 lowes is recording 1. 05. Above the estimates of 1. 02. Three cents above estimates. The revenue number that im looking at, at least sales, 16. 8 billion thats a bit above looking at this forecast company sees fiscal year eps of 4. 20 to 4. 30 if thats not an adjusted number, its below the 4. 50 on the estimate here. 1. 05, three cents ahead. The company is supposed to earn 87 cents next quarter that would have gotten the company to 4. 50. They beat it by three, so they only need84 cents in the fourt quarter to hit that number maybe thats adjusted. If its not adjusted, its below the forecast maybe theres something there. The adjusted number may be different than the 4. 50. Looks like theyre lowering
Overnight in asia, the nikkei was closed for a bank holiday. If you look at the hang seng and shanghai, both with green arrows shanghai was up by 0. 2 . The hang seng up by 0. 10 looking at europe this morning, a bit of a mixed picture ftse slightly negative you can see both the cac and the dax are trading higher up by onethird of a percentage point each finally look at treasury yields. And yield weve been watching so closely on the tenyear, this morning sitting at 2. 451 . A couple things we are watching watching a lot of things airlines are celebrating the gop tax plan southwest and American Airlines both announcing they will give 1,000 bonuses to employees following that tax overhaul. Southwest specifically announced it will use the tax savings to buy new planes the company saying it intends to reinvest in the business, reward Share Holders and increase its investment with boeing to support future Growth Opportunities. The two Major Airlines are the latest businesses to pay bonuses
Is not often the way we end. On thursday and friday you werent here thursday and friday no. It continued. The bill murray bottom, which we were up 300 points on that friday, suddenly up 1200 points. We made back about twothirds of the losses. If we were to close down over 200 today, the dow would fall under 25,000 so were back to 25,200 again. The art cashin has the from a month ago where people were like, oh, my god it needs to be kept in perspective. 291 on the tenyear. Youll look at that later. That 2. 6 or 3. 0. What did he say he said thats the question 3. 0 is more likely. In asia, some markets are still out now. They have been closed because of the Lunar New Year the nikkei down by 1 . The hang seng down by 0. 78 . In europe, many of the markets are mixed. The dax is flat. Cac is up 0. 2 the ftse down by a quarter percentage point if you get to treasury yields, the tenyear is what weve been watching just below 2. 91. Home depot just out with quarterly numbers. Retailer reporting
There is all on very light futures. Oil stocks have been trading in nearly the same direction every day for the past month. Asia overnight. Were not being big moves. A fallout for that massive explosion in china continuing. Shanghai was up 0. 75 . We have some news to tell but. I cant believe this is real. Apple planning a big announcement in september. But the big question is whether we can expect more than an iphone in maces. The new speculation this time is about a car. I know weve talked about it before. But this is totally different now. The Guardian Newspaper reporting the company is building a selfdriving car. Its looking for locations to test it. The report says apple is further along than many suspected. If you read through the story, its real. Assuming the reporting is right, they talk about the location of where the offices are, the garages, all of the things that they tested and built out, the people that called on the record. Theres a guy on the record from one of these tr
Across the board with the exception of the italian ftse. A quick look at wti crude right now, wti if youre buying it buy the barrel, you can do it for 48. 91. Hurricane irma one of the most powerful atlantic storms in a century. Its churning its way across the caribbean towards florida. Kalee dionne joins us live from cnbc headquarters. Whats the path . Reporter the path is westnorthwest at this point the question still lies when will it turn to the north . Thats something well be watching throughout the day. The latest update from the National Hurricane center, it maintained its 185mileperhour winds. Its just to the eastsoutheast of st. Marteen, and conditions are deteriorating there. This will continue to move at 16 Miles Per Hour that pressure continues to drop. As that pressure drops, the winds will maintain that speed or continue to increase. Everyone is wanting to know where is the track i dont want a lot of people to focus on where it will go as it moves closer to the u. S. At t