The hardest, and that is the stress test. Confusion with dividends and buybacks. We will break that down. The safe haven bid intact. Of the bondinto all market, particularly on the front end of that curve, guy. Guy absolutely. We are getting data through from the u. S. Economy as well. Coming through at 70. 1, that is light. , 87. 1. Conditions that is a little light. In terms of the oneyear inflation number, that is higher. That is a reflection of the people focusing on what their Grocery Shopping is look at the looking like. That rate is rising. We so that in the u. K. Today. Grocer, a big u. K. Showing really strong numbers. Alix all of that is going to play on the market as well as we continue to see Consumer Expectations probably hit, despite what happens on a state to state races, Consumer Spending, the number that we got basis, state to state the number that we got today tim adams joins us. Sheila bair will be joining us. She is a former fdic chairman. The top story, which is th
Number for the company. Quarterly sales were down 43 year on year. The stock is pretty much flat, though. The bad news now, just how bad would let actually be . Sales roseommerce about 74 . They still need people to come into the store to really make a lot of money. Their comp sales were up by over 10 , if you backout fuel. Clearly a lot of stocking up. Clearly good for walmart. Kohls suspended its Share Buyback program. That stock now off by about 1 in the premarket. Overall, no doubt we are obviously going to take a bit of a pause as we digest earnings and that monster rally. The question is whether the new was that or a bear market rally. Is that really being reflected in equities . We need the Economic Data to really match. Lets get to the news from overseas, as well as here in the u. S. We want to start with the walmart numbers and look ahead to fit your jay powell. Michael mckee has more. Just in case we werent sure that people were hoarding toilet paper, we get walmart. Michael
Saying this is really serious. Livedt, kyle lowry, who in toronto but now plays for the golden state warriors, said this is not toronto. We are nice people. In fairness, the crowd just immediately reacted, but then there was an eerie silence after they figured out what happened because he was really badly hurt. Alix nothing like sports to bring up the massive competitiveness. In the markets here, on a news flow basis it feels very calm, but we are seeing some fall through to the rally. We are continuing to climb higher. S p futures up by about 12 points, eurodollar flat. You are buying stocks, selling bonds, but only in the u. S. The move not really seeming to freak anybody out quite yet. We had a huge rally in bonds last week. Are we reversing now in crude . Up 7 10 of 1 . David in the morning brief, 8 15 this morning, ubers ceo is speaking washington, d. C. At 8 30, u. S. Ppi numbers for may. At 1 00 this afternoon, the u. S. Treasury is selling 100 billion in threeyear notes. Teslas
GameStop closed 21% higher after jumping more than 70%, as meme stock leader Keith Gill appeared to hold on to a massive position in the video game retailer.
GameStop closed 21% higher after jumping more than 70%, as meme stock leader Keith Gill appeared to hold on to a massive position in the video game retailer.