Issue. That and much more on making money. There is greating feeling about trade talks an shut kel button potential deal . Want to bring money map press, chief investment strategist Keith Fitzgerald to join us now keith, let me ask you, how surprised at you of this really over the last couple weeks . As usual throughout the last 10 years, it always felt like a stealth rally but even more so in the last couple weeks . Well it has, save the one thing you and i talk about frequently which is china will come to the table and Companies Look forward. Was it a surprise to me . No. Was the extent of the rally . Yeah, that was a little refreshing or surprising of. Charles we got retail sale numbers out this morning it was better than expected. As i look at this report, Motor Vehicle sales were strong. Absolutely through the roof. We were told they would be strong. Building materials strong. Sporting goods strong. A last minute rush on guns, that they wont be able to buy guns. Internet. 64 billi
Cooler this morning. Well get to low 90s by 4 00. Still, 7 00 away from the coast. Mid 70s to mid 80s. Lets find out about the commute. Were going to head over to napa. There is an injury and a crash. Highway 29 near redwood road. Not blocking any lanes. You can see traffic is slowing in both directions now of highway 29. Folks try to drive past the scene. Bay bridge toll plaza. Backed up towards the 880 overcrossing. And well show you some drive times. Seven minutes. Youll find the usual crowds developing on westbound 80 for head lights moving through emeryville. Thank you. Students are heading back to san jose state, the school is revealing the discovery of some disturbing flyers on campus. They contain racist and antiimmigrant content. Abc 7 News Reporter Amy Holyfield live in san jose. Amy . Im at san jose university. They didnt say what the flyers said. They said that the nature of the topic on the flyers with her statement. She said let me be clear, even as we engage in dialogue
Percentage point, up 71 points. Fox Business Team coverage. Gerri willis on floor of new york stock exchange. Phil flynn watching all action, Hillary Vaughn at u. S. Trade representatives office. Start with gerri. Reporter what a day for retail today. We had great reporting out there, two companies reporting, targets and lowes with really positive results, sending the dow up 241 points. The entire sector target, as you can see is up 20 today, after beating on both top and bottom lines. The company out with really, amazing results, raising its full year outlook. Lowes also having a dynamite quarter, up 10 as you can see right here. The company eps, coming at 2. 15 cents a share, versus two dollars. Very good news there. As you can see, these are companies that really appeal to people. Theyre discounters. Really have a lot of room to have broad appeal with americans. After the close today. We will get nordstrom. Estimates there, eps of 75 cents a share. Revenue estimate of 2. 93 billion.
Its tuesday, august 27th. Fbn a. M. Starts right now. The moon comes up and the sun goes down. We find a little spot at the edge of town. Sip of whiskey, pass it around. Dance in the dusk, turn the radio up. That fireball whiskey whispers. Cheryl welcome to fbn a. M. Good morning. Im cheryl casone. Lauren im lauren simonetti. Cheryl lets take a look at investors monitor every twist and turn in u. S. China trade relations. The dow is down after yesterdays gain by 80 points, the s p and nasdaq lower as well. Lauren 1. 52 is the yield on the 10 year treasury. Cheryl lets take a look at oil after comments froms president that crossed the tape this morning. Oil is up 40cents. Were at 54. 04. Gold is showing a slight gain, that flight to safety a little bit there. Lauren stocks in asia edging higher. The nikkei gaining 1 , shanghai composite gaining 1 and a third percent. Cheryl european markets lower, theres a slight contraction in german gdp. Red arrows continue across the board across the
You know i love it when you lauren welcome to fbn a. M. Good morning. Im lauren simonetti. Cheryl good morning, im cheryl casone. Lauren. Lauren cheryl casone. Lauren dow futures are down 23 points, s p down 3, nasdaq down 15. Of course, after a monster rally yesterday. Cheryl after a brief fall yesterday after the fed minute, taking a look at the 10 year right now, actually at 1. 58 , were Holding Steady when it comes to the 10 year treasury today. Lauren oil prices are higher. The quote right now is 55. 97 a barrel, a gain of half of 1 . We saw that drawdown in stocks yesterday. Cheryl breaking overnight, chinese officials telling washington we need to meet halfway or face retaliation. The nikkei, the shanghai closing higher but the hang seng and the kospi actually losing fractionally. Lauren and stocks in europe are tradeing to the downside. Take a look at at the ftse in great britain, down half of 1 . Angela merkel says a solution for the irish border is possible in 30 days. Cheryl