They were a little lighter than estimates, but still up by about 1. 6 . This is on the heels of Dollar General, that really crushed it. Heres a negative. They might see earnings on the higher end for the full year. They do not see revenue on the higher end for the full year. They see 43. 6 billion. They had seen 43. 9 billion. That could be a marginal weakness. David stock is up in the premarket a little less than 1 . You mentioned Dollar General, which has a strong showing. Alix blew outcome a really. Raised their guidance, they see fullyear sales forecasts rising. They did point out there are a large number of sales in their lower margin products, so margins will be an interesting story for them, but i think it always is for the Dollar Stores. David absolutely. The beat on earningspershare for the Second Quarter, and comp sales were up 4 . You can see they are up about 6. 5 in the premarket. Alix this will add some early optimism in the markets. S p futures up by a solid 1 , over 290
Become free once again on the edge of default. Kathleen lets look at how u. S. Stocks ended on friday on wall street. As a matter of fact, they have opened down nearly a percent. Lets just bounded off. Not too surprising. Much was expected to happen. , they small moves within a 10th of a percent in either direction. A couple big things happened. Fell tosumer sentiment its lowest level since 2016. If Consumer Sentiment slips . Markets were expecting to have 110p and they billion on all kinds of import to the u. S. And on top of that, over the weekend, as expected, chinas purchasing managers in august. Ing again so many things are adding up to what the Bloomberg News team says it could be a volatile month for stocks again. For august, it was the first klein since may. Argentina, hong kong protests, it will be a test for equity markets around the world. Paul lets check in on the first word news. Hurricane dorian has made landfall in the bahamas as the strongest storm ever recorded there.
The former fed official draws criticism after suggesting the central bank hold back on stimulus that would help Donald Trumps trade policy and reelection. The president s deadline. Italys political leaders meet today seeking agreements on new government. Failure could mean a new elections as soon as november. Bp exits alaska. They sell their business in the state for 5. 6 billion saying it is no longer a competitive investment. Good morning. Matt good morning. We are looking at bund yields down to 70 basis points right now. Take a look at the threeday trade. Yields continue to follow how lower fall lower and lower. For the most part, futures are pointing to a negative open right now. We have futures down just marginally on dax futures and ftse futures. Futuresowing cac falling more significantly. Anna we look at europe versus the u. S. We will see how that levels itself out. I have a mixed picture coming through in the asian session. A bit weaker over in the chinese markets. The Invest
I am in for francine lacqua. Lets check in on the markets and get a quick look at what is going on. Yield see an allnew low on the u. S. 30 year bond. The long bond came down to one point 1. 90 . It has bounced back, but still, that paper is weighing on the yield. You can see that across the curve. Brent crude is rising. The nymex wti is as well. It has been a rally for oil as as u. S. Stockpiles came up better than anticipated. And gold, coming off of its highs just a little bit but very little change to the bottom. 1541. 64 as u. S. 10 year yields are negative, making gold more attractive. Now lets get bloomberg first word news in new york. Sees an opportunity to restart bta european union. German and french counterparts. Officials tell as they appeared to relax len which on the need for the irish backstop. Dropping the position language on the need for the irish backstop. These requests are related to Financial Information on donald trump and his family but whose returns are still a
Form a coalition. This afternoon, they report to the president. Americas opioid addiction crisis takes a new turn after the makers of oxycontin are reportedly seeking to settle all the lawsuits against it. That is coming up in business, plus a 12 day meeting wrapped up in geneva aimed at tightening the protection of wildlife species. We ask how you go about enforcing that. Anchor welcome back. British foreign minister Boris Johnson is announcing he plans to shut down the British Government in midoctober with a view of stopping opponents from derailing brexit plans. Days, but angry reaction from across the political spectrum. The former u. K. Finance minister, phillip hammond, said the move amounted to constitutional outrage, and called it profoundly undemocratic. The leader of the liberal Opposition Party says the Prime Minister is embarking on what she calls a dangerous horse of action and called the move an cowardice. The pound sterling fell even lower than the day before, indicating