That and so much more on making money. Charles earnings from cocacola, schlumberger, just to say a few. Tech stocks are falling out of the gate. The fed may end up being less accommodative. How should investors reconcile all the diverging trends . Phil blancato and jack ablin. All this anxiety is exacerbated near alltime highs a the love things going on. Start with the earnings picture so far . Happy with it . Better than anticipated . Yeah. Expectations were probably as low as a limbo stick. The fact is analysts have been calling for an earnings recession for the last three quarters. So we come into q3 with a negative 3 growth rate. What will likely happen is, that well adjust up close to zero. Analysts will lower their forecasts for next year. Charles here is the thing, phil. Big names have delivered. Also i think, i find it important to remind the office were comparing to the best year perhaps ever in earnings. Pullback is not the worst thing that can happen. Im not worried about fl
The premarket. It is down two and a quarter percent on mcdonalds right now. Under armor under investigation, the Company Reportedly facing a federal probe over its Accounting Practices. How it recorded sales, stock is plunging this morning on that news. Under armor shares down 16 and three quarters percent. U. S. China trade optimism fueling the broader averages. President trump in Constant Contact with chinese president xxijinping. A deal could be reached this month. Futures indicating a gain in the p p triple digits at the start of trading this morning. S p 500 is up 15, nasdaq higher by 51. Mornings with maria begins right now. Youre the only thing i know. So wont you take, wont you take me home. Maria good monday morning. We have a big show this morning. Joining the conversation, lee car first here. Cfra director of Equity Research, ken leon is here and mitch rochell. We have a big shakeup going on at mcdonalds this morning. The Company Fired the ceo over a consensual relationship
Lawn. Im Melissa Francis in new york. This is after the bell. Hey, connell. Connell im connell mcshane, reporting live at this hour the state of pennsylvania. Start of after the bell series on swing state economies. We have three states in three days. Heading to michigan tomorrow, wisconsin on wednesday. These states helped put President Trump in the white house. Their economies may very well decide if he stays there, when America Votes this week, next year. Our host is from a company in chesser county. They specialize in automation. You will hear about later on in the hour. We begin with the records melissa talking about in the markets. Jackie deangelis on the floor of the new york stock exchange. Jackie. Reporter connell, records across the board. Market locked in gains with the dow up 115 point like at the settle. Three things traders are talking about. Positive earnings adding to the momentum. Optimism on trade, certainly a factor out there. Also some residual excitement about the
Europe is a big week personal income and spending is roughly in line. Our road map begins with apple, nearing an all time high, expanding ipad and air pod demand, Services Growth offsetting that demand social media twitter banning political ads, facebook defending its decision not to, saying, quote, its not all about money, facebook shares by the way rallying on those earnings head winds, markets are set for a mixed open, a report about chinas longterm doubts about a trade deal with this white house. Well begin with apple, though, higher than better expected revenue, despite iphone sales, results got a boost from stronger demand for ipads and air pods as well as growth in services they are issuing upbeat quarter guidance jim and josh lipton talked to tim cook about better sentiment in china as well. I was surprised with that, when talking with tim and with josh and on the street the whole tone of the discussion was that things are pretty much on track, more than we realize optimism by
Brexit a little later on. The Prime Minister borisjohnson, of course, having addressed mps a little earlier in the house of commons. The irish Prime Minister, leo varadkar, says britains plans but at the moment, that is what is are welcome but were not yet acceptable in a number of areas. The high court in belfast rules that Northern Irelands abortion happening. Laws are in breach of the uks human rights commitments. Women affected by the rise in the state pension age have he in paris a man has attacked the lost their High Court Case against the government. Headquarters of the paris police force are found with a knife. Reports suggest several people have been injured and four have been sport now on afternoon live with olly. Killed, according to reports coming from the french capital. A Police Relief for ireland at unit spokesman said the attacker had been shot dead by a Police Officer the Rugby World Cup . At the scene. The man approached the Rugby World Cup japan, building in the hear