Vegan nail treatments, taking the Retail Experience, and we do mean experience to a whole new level. Well take you for a tour. Pass the avocado juice, everybody, because power lunch starts now im brian sullivan, none of the major indexes are moving that much. The dow tufrned negative but the dow would be higher if it wasnt for home depot, shaving 45 points off the dow this despite an earnings beat and raise the outlook. Investors looking for a little more from home depot outside of that store pretty of an empty parking lot for Retail Stocks and investors in Advance Auto Parts losing 20 of the money both retailers missing profit fimts and giving weak guidance Energy Stocks under pressure crude oil back down to the lowest level since mid july. We begin here in new york President Trump will be focusing on infrastructure today and his arrival come as mid large protests at trump tower. Heres the latest on those stories. Reporter the president is continuing his working vacation at trump towe
Europe is pretty weak. Ten year yield 223, now the lowest since mid november and gold came close to 1290. Our road map begins with a eye on the financials. Jpmorgan, wells and citi all reporting better earnings than expected. Plus, the new centrist president and about face from President Trump on several key Economic Policy positions. And apples big health bet. Sources tell cnbc that the company has a secret Group Developing a new glucose monitor to treat diabetes. But first up, earnings season is here with a bang. Jpmorgan and wells fargo and citi group out this morning. Citi earnings and revenue came in well above the estimates. Mortgages though remain a trouble spot. Pretty good in trading. Equity yeah. Very quickly, jpmorgan is pretty much what im going to say pretty much perfect. But the stock was up very big. People are looking at the futures versus the stocks and just hit them down. That is three basis points better. I love the delinquencies here. Theyre, very very good and comm
Stocks are holding in the red. Ibm, home depot, united health, the biggest laggards in the dow at this hour. Oil also headed lower on unexpected build in u. S. Stockpiles last week. The death toll continues to rise in central italy following a magnitude 6. 2 earthquake. We are headed to the scene straight ahead. Welcome to power lunch. We have a big two hours coming your way including mounting pressure on the Clinton Campaign and its uncomfortably close ties to the Clinton Foundation following a release of yet another new round of emails. Susie welsh is with us for the entire show. So good to have you here. Thank you. First, lets begin with mylan labs down close to 8 since we reported on friday. The company is once again raising the price of its life saving epipen allergy drug. Lets get to meg tirrell with the latest. Hi, guys. You are seeing continuing pressure today though its not been quite as bad of a day as previous days. Wall street analysts coming out acknowledging the pressure
Financial market and the mortgage market, and we had the worst financial crisis since the great depression. Hi everybody, im in for brenda butter in, and this is bulls and bears. Your bulls and bears this week. Gary b. Smith, John Layfield along with susie welsh and jessica, welcome everybody, especially the ladies. Gary b. , people are angry now because of the recession then, really . You know daigen, listen to that clip, i thought we were all like suspended in time for the last eight years as if we didnt elect a new president , congress didnt change, nothings changed, its still, and it will always be george bush and 2008 forever and ever. Its not the recession. Look what happened at end of 2008, we threw the republicans out of the presidency, and since then, its been all obama. What have we reaped since then . A few things. The worst economic recovery in the last 50 years. People care, dagan about three things, money in their pocket, do they have a job, and they care about their hous
Financial market and the mortgage market, and we had the worst financial crisis since the great depression. Hi everybody, im in for brenda butter in, and this is bulls and bears. Your bulls and bears this week. Gary b. Smith, John Layfield along with susie welsh and jessica, welcome everybody, especially the ladies. Gary b. , people are angry now because of the recession then, really . You know daigen, listen to that clip, i thought we were all like suspended in time for the last eight years as if we didnt elect a new president , congress didnt change, nothings changed, its still, and it will always be george bush and 2008 forever and ever. Its not the recession. Look what happened at end of 2008, we threw the republicans out of the presidency, and since then, its been all obama. What have we reaped since then . A few things. The worst economic recovery in the last 50 years. People care, dagan about three things, money in their pocket, do they have a job, and they care about their hous