Purchases. They remain over odds on that. Apple and nike are leading the dow higher joining us for the hour to talk about all of that stephanie link, a tiaa company relatively quiet day but that doesnt mean that theres nothing going on we had Economic Data and now this headline with u. S. And china still at odds. Here we go again. I thought the data today, the Economic Data was the driver pretty good. Initial claims, the trade data in general thats going to help Fourth Quarter gdp i thought this week ism services was pretty good. Were seeing okay. Overseas were seeing some pretty good data especially the pmis in china, europe, europe gdp today no worse than expected all of this seems to be setting up for better growth for 2020. We just need trade resolution one way or the other german factory orders and retail sales softer than expected i get the trend is less bad in general in the last month. Factory orders actually was revised last month higher. Lets see. Less bad, but i think theres
Investors seem to be taking that news prewell. I want to point to the that news pretty well. I want to point to the 10 year yield at 1. 71 . Brexit news countered by a little bit of trade news. Guy absolutely. Brexit news helping the pound out, up a little bit. Volatility is spiking on the sterling. The turkish lira down again, but not by that much. Sanctions coming out of washington could have been worse. The saudi market in a bear market. Back to you. Vonnie i do want to point to a headline about gm. As we know, it is in talks with United Auto Workers union. The ceo of gm is now said to be in the room for those uaw talks, and agreement is near. The stock is jumping. Lets see where we are with the performance. Having been , negative at the beginning of the session, on the news that gms ceo is in the room with uaw. Lets get a look now at the major u. S. Bank earnings and the performance today, as you can see. Jp morgan is up 1. 8 . In descending order, city groom down almost 0. 2 , wel
It is still mixed. Analysts in the reports use words like mixed, mediocre and unimpressive to describe the result. Unlike Credit Suisse, we did see ing miss. They are feeling the pinch of lower Interest Rates. Google, herbert stumble for them. Google, a rare stumble for them. We saw staples in europe followed by utilities. Switching to the negatives, these are more telling. You will see oil and energy and materials have the worse earnings, basically seeing the growth drop by nearly 30 for energy. And more than 35 for materials. Thank you dani burger. We had more breaking news on the bloomberg. Let me bring you these numbers. It is at the low end of guidance. Cost of fx is up. Thirdquarter sales come in at 32. 8 billion danish krone. Ever so slightly soft, in line on thirdquarter sales. Thirdquarter net income, 10. 1 danish krone, that beats the estimate of 9. 6. The red headline says it raises the low end for 2019 sales growth guidance. Lets get back to earnings season, we are joined b
Of 2. 32. For the quarter, they see earnings at the low end. The estimate was for 1. 51. A large part of this will be how are they going to offset Rising Labor Costs with lower fuel costs. When does that shift happen, and how are they benefiting from the 737 max . Will that benefit continue . That stock getting hit in premarket. In the market, it is still overall about trade. It was very whippy action here. Those numbers on your screen do not revisit the last 12 hours of trading for s p futures, now down just 0. 1 . We will get to some of the headlines in a second. Eurodollar at a twoweek high, and oil on the move. The opecaving secretarygeneral speaking at the oil and money conference today. He is saying some interesting things in terms of oil in particular. Hes talking about opec plus will take appropriate, strong decisions in december. Also the charter they are extending to the u. S. Trying to bring in other countries into that opec agreement. We will be speaking with Mohammed Barki
Then at 9 00, syndicated columnist Michelle Malkin talks about her new book open Borders Incorporated who is funding americas destruction. [video clip] politicians offering thoughts and prayers does not cut it anymore. It is put up or shut up. Host Senate Minority leader Chuck Schumer of new york on the floor last night calling on the majority leader to allow votes on preventing gun violence. The remarks came at the end of five hours of speeches by democrats demanding action on Gun Legislation. We will spend the first hour of todays washington journal getting your thoughts on ways to reduce gun violence in the United States. If you live in the eastern, central part of the country, 2027488000. Mountain, pacific area, 2027488001. If you are a gun owner, your line, 2027488002. You can also text us now if you put your name and city in the text at 2027488003. Also go to twitter at cspanwj everybody. Com cspan we will get your ideas on ways to reduce gun violence in a minute. Is a staff writ