Where the stock goes from here the Investment Committee is ready to go. The Halftime Report starts right now. Welcome good to have you with us on this thursday our Investment Committee at the table, joe terranova, steve weiss, the najarian is here, megan chu with Wilmington Trust and also with us our senior economics reporter steve liesman. We begin, where else, where the story is stocks following the worst day of the year. Big concerns that the trade war is threatening to push the u. S. Economy over the edge so weve got 60 of the s p, a little more than that in correction territory. Thats 306 out of 505. What should you do in the market today . Today you should do nothing. What are you doing . Im looking to sell further on strength, and heres why. I think the situation continues to worsen and the goal line continues to be pushed out a lot of people took comfort in monday when the president tweeted about delaying some of the traffics some of the tear i was until december i actually tho
Up 2. 4 in terms of cocktails. Comp sales. The estimate was 2. 2 . It is the beginning of the backtoschool season. We will see more from the press release in terms of the year forecast. Adjusted earnings per share for 60475 460475. That is a raise. A pretty good outlook for target. We are seeing shares spike in early trading. They are now up to a three quarters of a percent. Olivia thank you so much. Time now for this mornings top stories. Greeces third bailout has cleared a hurdle. The parliament overwhelmingly voted in favor of the package in germany. There are now 30,000 firefighters battling wildfires in the west. They are being assisted by 200 soldiers. Five states are battling 10 wildfires each. The worlds secondlargest homeimprovement chain. Lowes posted secondquarter profits. The rebound and home prices led to Consumer Spending more on their houses but that did not translate into robust sales. Do it model being imported into china will make gm the first detroit automaker to sel
Headlines. Here is vonnie quinn. Vonnie as francine was mentioning, it is the last day of the quarter and stocks are on an 11 trillion loss for the quarter. Stocks are rebounding around the world. Finished with their fifth straight monthly decline. 2008is a streak since the financial crisis. There is concern that japan may be falling into another recession. Retail sales showed no improvement. That is likely to intensify the debate on whether Prime Minister government should increase spending. In afghanistan, Government Forces have been unable to retake a city captured by the taliban. The pentagon has called the capture of kunduz a setback. The senate plans to pass a spending bill this morning that would avert a Government Shutdown. Mitch mcconnell says he is confident the measure will pass in the house. Mcconnell, john boehner, and president obama will meet soon to discuss spending limits for the next two years. John boehner is stepping down a month from now. There are number of things
[applause] thank you, i am sorry. Will you help me celebrate and salute the family of our dear sister sandra bland . Make some noise as they come now. [applause] good afternoon. I greet you on behalf of the family of sandra bland. My name is sharon cooper, one of the older sisters of sandra bland and i stand in the gap for my mother. I am standing in the gap for my older sister, standing in the gap for my little sister, and standing in the gap for my baby sister. The biggest message i want to leave you with is the world has shown us that we have to control our own narrative. I want to thank you, say thank you to those of you who are here, especially the nation for acknowledging us. If i could ask you to do one thing, can you say her name . Sandra bland thank you. [applause] for our generation, she is considered the rosa parks of the hiphop movement, the one who who really kicked this off for this new movement to get us started. I needed to make a thunderous applause all over for the si