Had a slight beat on revenue. But they did better on earnings per share, 1. 24 as opposed to 1. 19. Thats the first of several to come. Now we want to go to our morning brief. Were going to continue with retail sales reports, as we have macys out at about 8 00 this morning eastern time. 30 minutes later, its weekly initial jobless claims in the United States, plus Producer Prices coming up for the last month. And at 10 00, as alix mentioned, bill dudley holds an economic briefing on Regional Wage inequality. Finally at 1 00 this afternoon, the u. S. Treasury is going to auction 15 billion of 30year bonds. Throughout the day, people on both sides of the pacific are following developments in the potential conflict between the United States and north korea. To take us through the perspective from asia, were joined from hong kong by our chief asia economics correspondent. Give us a sense of how it looks over there. What are the possible effects that people are expecting of a possible confl
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Still there, 46. 21 for wti. Lower by. 37. The biggest market story is the dollar. Dropping to lowest level since brexit yesterday. Has since recovered on hawkish fed speak. The last 24 hours, atlanta fed president said two hikes were a possibility this year. Euro cost you a 1. 12. New york fed president suggested the central bank could raise rates as soon as next month. Two key events to watch today, st. Louis fed president James Bullard will speak and then well get minutes from the last momc meeting. And it is. The euro will cost you 1. 12. Pound 1. 30. The yen is at 100 yen dollar level. It had fallen below that yesterday. Violating what ive asked them to do. So now were back to maybe a couple of hikes when i think the probability had the hikes moved out to 2017. Well see. They love to pretend they might do something to get the benefit of whatever. Theres a lot of rumors about whats going to happen at jackson hole. About whether theyre going to say negative Interest Rates arent work
Right now the Dow Jones Industrial average is slightly higher along with the other indexes. The nasdaq is up for a third day. Also in the news, i. T. T. Educational services shutting down all of its schools, this after the government banned the company from enrolling students who get financial aid. The move will affect about 8,000 itt employees. And hurricane neuthen is barrelling up the golf of california, expected to make landfall over mexicos mainland before hitting the u. S. Later tomorrow. Melissa. Well, weve got a very busy two hours coming your way, but we start off with the race for the white house. 62 days to go until election day, and donald trump is on the attack over the economy. Cnbcs eamon javers kicking things off for us on this tuesday. Eamon. Hi, melissa. Get you started with a polling snapshot so you can get a sense of where we are as of right now the new nbc survey monkey poll out this morning Shows Hillary clinton ahead 48 to 42 in a headtohead matchup against donal
Unless something crazy happens today, this will prove, though, to be a very good month for most of the stock market. The dow, if youre not paying attention, up more than 7 just this month. It is now 1. 5 up for the year. We are going to take a closer look at some of the quarters surprising winners and losers, see if theres names that you own on either of those lists. Dow component ge in the news today. Ge capital officially filing to have its too big to fail designation removed after shedding a large number of its financial assets. The company does continue to transform. We talked about that yesterday, but well get more on what this may mean for the state and the entire Financial Services industry. And apples new products hitting stores today, but were not seeing any lines of fanboys down the street. The new iphone and ipad not getting a lot of buzz, but maybe, just maybe thats a good thing for apples stock. Were going to dig into that idea as well. Lets get now to this market. I mean,