Despite strong sales during the shutdown, especially from walmart. And times of trouble in the Housing Market u. S. Home building dropped by the most ever in april a lot of talk of a bottom has those housing stocks up as well today. Absolutely. But as you said, the Broader Markets near the session lows. Coming up on todays who, well speak with Eric Rosengren on the back of that congressional testimony from chair powell and secretary mnuchin. Well get his read on the economy and whether weve reached a trough in the data plus, well speak exclusively with jim fiterling as the Company Releases a return to work playbook but lets focus in on the big stories were watch ing today. Mike is tracking the Market Action courtney has highlights from retail earnings. Mike, you and the market just selling you have a bit, but of course only lightly following yesterdays big rally. Actually today is i think the narrowest range intraday for the s p 500 in three months and by the way, three months to the d
Road map begins with this trade stumble for stocks some lingering china trade concerns plus, ecommerce boom alibabas 24 hour shopping extravaganza breaks its single days record of more than 30 billion in sales and still climbing. And goldman facing an investigation over allegations of sexist credit decisions at app apple card stocks are set to open lower this morning on some dampened expectations surrounding u. S. China trade talks as well now as this escalating violence in hong kong meantime, the s p is in the midst of a five week win streak for the First Time Since march 6 if you look at the nasdaq. It has been a nice ride over the past month. It is so amazing because the some of the bigger runs are companies you would expect no trade deal, we would unravel a lot of the companies that do a lot of business in china it continues to happen one thing i would say is that people seem to care more about the fact that Interest Rates are going up than they care about what is going on in china
Shortly. Sunshine. All the details very shortl. , its saturday 4 may. Our main story rishi sunak has insisted the conservatives have Everything To Fight For, despite the party losing nearly half the seats contested in local elections in england. With results expected in several mayoral races today, the tories will be hoping that andy street can cling on as mayor in the West Midlands. Having already won key councils and a decisive by election, labours expected to hold on to most of the regional mayors up for grabs. Our Political Correspondent, harry farley, has the story. Not many smiles around for the conservatives. The party is that for its worst local elections result in years. One result did bring some cheerfor rishi sunak. X t aur cheer for rishi sunak. Your reelected cheer for rishi sunak. Your reelected mayor cheer for rishi sunak. Your reelected mayor of cheer for rishi sunak. Your i reelected mayor of teesside cheer for rishi sunak. Your reelected mayor of Teesside Ben Houchen
Reporter would have some western happening at the surface that is what drives these lie in a situation begrime happen a lot and they give us a lot of problem for, storm activity east bay is were most of the action has been this morning just south of antioch adjutancy ease the walnut creek the head action activity just a few hours ago a little bit further to the east and east they used to have a couple of showers things have since settled south into the bay and not much happening at all this morning since weve been talking to but a little bit well out to sea it allows the more on the web site. Mark the star to make progress finally on several large wild fires that are making gains on a massive rocket fire morning america like this across the state high humidity Cool Temperatures have helped them the rockets 5 was barnaul 70,000 a. And containment of to 35 and 800 of those evacuated yesterday morning they visited the bargains on spoke about fire danger the californias ongoing drought is
The resolution before the parliament is approved with seventy votes in favor or against and abstentions. I feel so emotional after the huge fight we went through we finally got as we made just the independence of catalonia. That. We we are. Happy that are going around. Fighting for the for its catastrophic really catastrophic they dont know what theyre doing theyre irresponsible. For they how do you i think theres going to be pandemonium. Theres a busy week ahead and we hope things wont get bad. We are today the council on parliament approved something that in the opinion of a large majority of people not only goes against the law but is a criminal act that goes to the people. Plus big brother is watching you what they sell Surveillance Technology means for you stories coming up one day but first it was a day of drama in spain bomb makers and the cattle on a Regional Parliament voted to unilaterally declare independence but spain isnt about to let that region go without a fight the spa