End to end, but i felt it was mostly aimed at the believers already. The conference already, and im wondering if taints platform of the economy will be designed in a way of getting independence, blew collar democrats, even regular democrats saying, hey, thats a platform i can live with. Well, i was totally in rampant with melania. I think melania did a wonderful job, and i dont think she was necessarily talking to the crowd in the arena. I think she was talking to everybody in america. Charles im talking about some of the other speakers, carl. Im talking about some of the other guys who spoke. But be that as it may, tonight the economic message, will it say go to the undecided voter that makes them understand, hey, this is where i should go right now . With the donald trump gop platform . Theres only one person thats going to create jobs and thats donald trump. Hes laid out his plan, hes laid out his plan on trade, which is obviously a major part of creating jobs. And hes going to do g
Shanghai comp lower. European equities were mixed to flat earlier today and still that way. Theyre all flat. I mean hardly any moves worth mentions there. Take a look at the price of crude oil. Higher and wti still above 46, 46. 03. Brent at 48. 63. And dow component home depot out with results. Matched estimates of 1. 97 a share. Revenue essentially in line. Home depot did raise Earnings Guidance for the full year now at 6. 31 a share. Just below the consensus estimate of 6. 32 and analyst will join us to talk home depot. There he is right there. In case youre wondering what he looked like, i can confirm bryan nagel. A lot of these shots we get of people, you dont know what happened. He looked good. Didnt he . Happy. He is going to be on squawk box. And he covers home depot. You remember people used to cover the steel. They would come on and, but home depot, pretty good. By the way, you saw on the teleprompter. They is a Home Improvement retailer. Just in case theres anyone in the wor
Average of the three. European markets this morning, lets take a look. We are in the whoa. Gave us a few more there. Look at that. They added italy and spain. Getting a little creative there in the old production booth. Thanks, guys. Always wanted to know whats going on there. But the three we look at are all down and there is the 10year note yield at 1. 52. Crude hanging there above 42. It has for the last few days as you also see brent. Lets get to our road map this morning. And it starts with the earnings out from yesterday from disney, which topped estimates, making a billion dollar streaming bet as well. We will take a look at the companys video plan and hear what ceo bob igor has up his sleeve. Major Retail Stocks on the move after earnings. How the retailers are handling the pressure that keeps up in that industry. And Michael Phelps making history last night. We will go live to rio and get carl to bring us up to date on all the latest action, including that amazing and very clo
Julie see more selling pressure start to build up. Closer to record a couple of days ago. All three averages pushing toward the lows of the session. Still not seeing huge declines. The nasdaq leaving toward half of 1 as investors await fed minutes. Comments from bill dudley yesterday that september could potentially be on the table. Lets take a look at the two day chart of the s p 500 as we see the backtoback pullback going back to the beginning of august now amounting to about 1 . We are still on the streak of no one percent moves on a daily basis. I believe it is 28 sessions now unless something changes radically by the close of trading. Take a look at the imap. Some subgroups are in the green. , materials, Consumer Discretionary amtech are doing and tech are doing worse today. See the at t down. Verizon and frontier as well. Bloomberg intelligence saying we are not going to see as many bid or as high as had been expected unclear what that means for the spectrum ownership by the vari
Everybody waiting to see what happens. 8 30 a. M. S p futures down by less than a point. The nasdaq up by 1. 5. Yesterday you saw the nasdaq close down by basically it was flat. It was down 0. 9 points or something. It was flat. Dow and nasdaq did manage to eke out gains. Check out what happens overnight in asia. The nikkei looks like it was flat lining as well. Up 3. 5 . Shanghai comp and hang sang both a little bit higher. In europe, youll see thing are relatively positive if evfor th major averaging at least. Dax up slightly. And lets take a look at crude oil. This was the wbig story yesterday. Major pull back for crude oil prices. We have had people who have told us this week that crude was going to come down because of seasonality issues. We did see numbers this week. That has put pressure on wti. Now to the weather. Hermine has downgraded to a Tropical Storm, but not before becoming the first hurricane to make land fall in florida since 2005. The storm brought 80mileperhour winds