On the systemic problem for amazons delivery network. And what shares of tesla are doing for the first time in history. All of that as Worldwide Exchange begins right now good morning welcome to the show. Im dominic chu in for Brian Sullivan lets talk about what stocks are doing on this abbreviated trading day. Dow is up by 17 points s p at 1 and nasdaq around 7 markets are closing at 1 00 p. M. Eastern. They will remain closed picking up for a full day of trading on thursday today also kicks off the first day of the official santa claus rally period which happens the last five trading days and first two trading days of the new year the s p has posted 1. 3 average gain in the last ten years, the markets only posted two losing santa claus sessions as you see in 2013 and 2014 the santa rally, a powerful force. Lets go worldwide to see what is happening with the trade. You can see, a fairly mixed session, the nikkei about flat down about 0. 01 looking at what is going on in europe general
Maybe you dont care but you do care about the american economy. And boeings news impact us all. We tell you whip process then apple hitting the alltime high today, three analyst have three different takes on the same stock. Well find out who the traders believe is right all that as we begin with an earning alert on fedex not good. Fedex stock down again, missing on earnings and revenues lets get back to eric chemy at cnbc hq with more on the fedex flop. Thats right a disappointing quarter for fedex. Ceo fred smith acknowledged in the release that the fiscal 2020 is a yeerd of continued significant challenges and changes. The the company missed on top and bottom lines setting weak Global Economic cannibus, increased fedex ground costs, the loss of busy from amazon, shift to lower yielding services pb, no competitive pricing environment and late Holiday Shopping season. Looking ahead, the company reduces guidance to reflect lower than expected revenue and higher than expected expenses. F
Hathaway and mcdonalds is the biggest drag on the dow. Coming up on the closing bell, uber results are after the bell. And we will have a live and exclusive interview with the ceo of the company dara cache sha hee you dont want to miss that in one hour keith, great to have you here. Great to be back with you another record day of highs for the s p and nasdaq and now the dow which we havent seen a new record for the dow since midjuly i think we trade higher into the end of the year for lots of things going on. If we start getting capex where things are going with trade talks, then youll see this rally not only continue through the rest of the year but into 2020. All right all right so it is an incredibly busy monday for the markets and your money. Weve got the record highs that morgan just talked about bob is all over that youve got michael santelli. Kate rogers all over the mcdonalds ceo firing. Courtney reagan on the under armour story, and were joined with a new look at what Td Ameri
On this afternoon. In asia, the nikkei was down the hang seng was up 0. 23 for european markets, the dax is slightly lower you see slight gains for the cac, the ftse 100, stocks in italy and in spain look at the Treasury Department. The tenyear is yielding 2. 090 . We have a very busy day going on in the markets. From wall street to washington, lets get you through the squawk planner. On the earnings front, three big banks on the docket starting with jpmorgan that will come at about 6 45 a. M we have Goldman Sachs coming in with its earnings. Those should be announced around 7 30 wells fargo earnings should cross the tape at 8 00 a. M Johnson Johnson will also report at 6 50 a. M. Eastern time well bring you a first on cnbc interview with the cfo right after that report. On the data front, we will be getting june retail sales, import and export prices as well that all hits at 8 30 a. M. The other big event on the planner is big tech is back in washington today the house judiciary subco
Im going to allow an opportunity for every Single Member of the house to vote their conscience and will on this. Im willing to take personal risk for that because we have to do the right thing and history will judge us. I do not spend time Walking Around thinking about the motion to vacate. I have a job to do here and im going to do the job. Regardless of personal consequences, thats what were supposed to do. Speaker mike johnson pushing forward with a series of aid bills despite push back in his party. The question is how much will he need to lean on democrats to get that funding passed . Plus the senate dismisses articles of impeachment against Homeland Security secretary Alejandro Mayorkas. And what to expect today when Jury Selection picks up again in former President Trumps hush money trial. Good morning and welcome to Way Too Early on this thursday, april 18th. Im ali vitali in for jonathan lemire. And we begin this morning on capitol hill where House Speaker mike johnson is digg