Joining us is lindsay bell i hear you, i think earnings seeing the twoweek bounce in the market, whats happening with expectations . We are seeing second half earnings, especially the Third Quarter numbers come down a little bit this is going to be after a Second Quarter where we see a decline of 1. 4 . Thats the expectation as we all know, earnings coming in better than expected. I would expect flat to up slightly in the Second Quarter but it is all about guidance as it always is because these tariffs the numbers havent been accounted for in the second half. Broad come a wakeup call it was. Theyre expecting 500 billion of imports to be tariffed by the end of the year so we wouldnt be surprised to see more companies to do that with us for the first hour of the story. Kayla tausche has the latest, meg terrell with the latest and phil lebeau at the Paris Air Show kayla . Theres hearing under way, a last roadblock to President Trump putting those new tariffs in place on the remaining chin
From Stewart Frankel welcome, steve thank you are we going to end the sixday win streak here . If we did would it be a shock . And its still plenty of time for us to turn around, turn green. We bounced about 6 off the lows but we are not overbought. So to your point, i dont think that we necessarily have toned today but its a good stop to say lets take a breather, were still above all the moving averages in the overall market about 10 handles lower in the s p cash but i still think were on good footing. Is 2900 a tough footh for the s p . It is because its a big fat round number so i think the 2954, the alltime highs, thats the tough number you have to worry about, not the 2900 lets focus in on the big stories we are watching. Bob pisani has whats driving todays market which of course has been up and down ylan mui is watching a tech antitrust hearing on capitol hill and phil lebeau is covering teslas Shareholders Meeting bob, lets start with you. Lets take a look whats going on its ver
Yeah. Didnt scrooge send over a turkey at the end . He did something. He sent over dinner. And tiny tim was like, wow, its the best christmas. I dont know if that was the book version or the movie version. Im getting a little wait a minute there was a book huh . Yes, charles dickens. I know you know this we had this discussion there was a book it wasnt just a movie some people we know get all their news in tv which we hope is you at home. We hope you are getting your news here today. Look at the u. S. Equity futures. This is after major averages closed at record highs the s p 500 closed above 2600 for the first time as we saw this technology rally. This morning things are mixed. Dow futures up by 12 s p is down by a point and nasdaq down by 3 points. The major averages have been up three of the last four sessions. The dow had its 60th record close of 2017. The s p 500 saw its 54th record close of the year. Guess how many times, if you want to get to the record, 54 so far this year. The
Maria rally name tax overhaul closing that yet another record high yesterday. That is the 64th record this year. Feature showing a mixed opening this morning. Dow industrials up 25 points but the s p and nasdaq are lower. Much of the rally yesterday have been really the first. We have been up 200 points this session. Close up, but not as much big markets are lower. Flat on the session, the cac down two thirds of a percent as of the dx in germany. Markets are mostly lower the exception of korea up a third of a percent. Hong kong, hang seng up to 1 . The Supreme Court President Trump justices will love the white house to fully enforce the ban on the travel to the United States the United States for six mostly muslim countries now. We break that down coming out. California residents on alert this morning. Details of a Massive Wildfire north of los angeles explodes overnight. All the details. Terrifying moments, Pittsburgh Steelers linebacker taken to the hospital following a scary collisi
Republicans are expected to pass the historic overhaul after they signaled their onboard. I write to express my support for the conference agreement on the tax cuts and jobs act. This legislation will provide tax relief to working families, encourage creation of jobs right here in america and spur Economic Growth that will benefit all americans. Senator Susan Collins selling it. Optimism driving stocks to record highs yesterday and they keep on moving up. The dow futures right now. What about the nasdaq. Nasdaq 7000, almost unimaginable. In europe we have games in england on the ftse 100 in france and germany. In asia stocks mixed as well. Gains in shanghai and hong kong. Tragedy in Washington State. At least three people are dead after an amtrak train derailed. Guys, what happened . Were coming around the corner and we went on the ground. Okay, is everybody okay . Instills a great night out. Weve got cars everywhere and down onto the highway. Trade to the National Transportation safet