Are moving. Auto companies and is Consumer Discretionary stocks outright down major averages. The tight range we are seeing is install. Stocks of now gone into this. This is following the record closes we saw last week. Indeed, automakers are falling mostly, with the exception of tesla. Tesla and General Motors both holding their annual meetings today. June shareholders sided with fresh project about her from David Einhorn to split the company stock. Thats something his push for recently. He was not successful in that. Downs expected shares seventens of 1 . Even as tesla has been rising for what it is worth, analysts consumer adjective tesla the highest price target on the street this morning, 385 a share. We have been watching this what are the other things that might have affected them the monthly black buck price report coming out. Among other things, it said every category of car had a rvse drop last month treat fared better. In addition to that one company beating estimates both o
Are moving. Auto companies and is Consumer Discretionary stocks outright down major averages. The tight range we are seeing is install. Stocks of now gone into this. This is following the record closes we saw last week. Indeed, automakers are falling mostly, with the exception of tesla. Tesla and General Motors both holding their annual meetings today. June shareholders sided with fresh project about her from David Einhorn to split the company stock. Thats something his push for recently. He was not successful in that. Downs expected shares seventens of 1 . Even as tesla has been rising for what it is worth, analysts consumer adjective tesla the highest price target on the street this morning, 385 a share. We have been watching this what are the other things that might have affected them the monthly black buck price report coming out. Among other things, it said every category of car had a rvse drop last month treat fared better. In addition to that one company beating estimates both o
Small the kinds for the major averages a second day of small the clients. Half an hour ago, the three major averages it line ever subjected climbed ever so slightly higher, but as major averages did climb ever so slightly higher, but as trump was speaking we have big 7. 5 s in this macys down from hitting a sevenyear low after the cfo earlier at an Investor Conference and annual investor date to say that the Company Expected margins to be 1 lower on a yearoveryear basis and as a result, they will be engaging in rigorous costcutting costcutting in order to maintain the earnings forecast. Of course, how much can you cut costs . Investors not cheering that. We are seeing other retailers falling, including kohls, foot locker, and nordstrom. This is an ongoing theme this year, retail, as is riskoff. When you look at the haven bidts, we are seeing a today. Today we are seeing a big haven bid. Haven bonds are rallying. Gold is up 1 . The yen is also higher. Spikinglso have the vix 5. 5 . Not
Hes frustrated with attorney general jeff sessions, thats division. It is distraction and it is unnecessary. The president will try to refocus. He meets republican congressional leaders this afternoon. This morning he tweeted this. Big meeting this afternoon with Republican Leadership concerning tax cuts and health re all pushing hard. We must get it right. Stuart this is a high stakes meeting. Tax cuts, growing the economy, the core of the presidency. He desperately needs a win on this, however, the Republican Party is divided and the legislative schedule is jampacked. Democrat opposition relentless and president ial tweets are often selfinflicted wounds. This is a crucial week for President Trump. Can he lead on taxes . Its a crucial week for the Republican Party. Can they unite . And its crucial for investors. Can d. C. Get anything done . Varney company is about to begin. All right. I said a little skepticism is coming into the market. Well open lower this morning. Skepticism about
The man they think is responsible for a hitandrun that injured two people. And the u. S. Secretary of state discusses the syrian missile strike with Foreign Ministers. The big story on action news is neil gorsuch taking the oath as the newest Supreme Court. Gorsuch took the oath in the past halfhour ending a contentious nomination process. Reporter judge neil gorsuch the 113 person to be sworn into the highest court in the country. It marks the first major win for the President Trump administration with congress. The most important thing that a president of the United States does is appoint people to the United States Supreme Court and i got it done in the first 100 days, thats even nice. Reporter but another political first, confirming a Supreme Court nominee with the simple majority vote, 54 yeas to 45nays. I believe it will make this body a partisan place. Reporter its taken a year to get to today. The long road to the Supreme Court justice was paved with partisan politics. Last yea