Dick s Sporting Goods earnings crush estimates as kids head back to team sports (SPY 0.3%). Nordstrom shares fall and FAA downgrades Mexico air safety rating, prohibiting new flights.
Here is the current market situation from CNN Money
European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Is This The Worlds Most Exciting Oil Discovery? An Interview With Craig Steinke After very promising results on their first well in Namibias giant Kavango basin, global attention has turned to this small Canadian explorer as it drills its second well in a basin estimated by a world-renowned geochemist to potentially hold up to 120 billion barrels. In an interview with Oilprice.coms James Stafford, Steinke, the founder and President of Reconnaissance Energy Africa (Recon Africa) (TSX.V: RECO, OTCMKTS:RECAF) discusses: Why RECOs f
Ford confirmed yesterday s Reuters rumor that the company would boost spending on electric vehicles by at least 36% to $30 billion and said that 40% of Ford global vehicle volume to be all-electric by 2030