Back ecb measures like negative rates. Euro has fallen this morning on that news. Our road map with the record highs. Investors retaining their appetite for riskier names. Now what . At t and directv reports of deal talks now active and could be done in the next two weeks. And as we said, davids exclusive with ibms Ginni Rometty, a rare conversation about the companys future. First up, more market history for the bulls. The dow with a record closing high for a second consecutive session posting its first alltime intraday high in a month and the s p achieving a record high close of its own. Internet and biotech names helped the nasdaq jump 1. 8 in yesterdays session. Dow, jim, with a win today, thats five straight. We havent done that all year long. No. This is amazing because this bubble talk has presumed that what would happen is the nasdaq, the internet plays, highly valued momentum plays would bring down the dow. This pool of capital keeps going around. The analysts are making a sta
That the rate may have been manipulated lower, which at the surface says people are getting lower mortgages. But remember, it is a zerosum game here. A continuing story. The three banks need to respond to the antitrust complaint in writing and at a hearing. Lets get our morning brief. Overnight, u. K. Inflation accelerating faster than forecast on a higher airfares and shipping costs. That is a little bit in the weeds. No Economic Data to speak of in the u. S. Earnings. Number of home depot just reported. Earnings per share is a little bit lighter than what analysts were looking for. Nate net sales coming in a little bit light. Analysts were looking for 20 billion. In terms of fullyear forecast, it terms looks to be a little bit higher. Additional buybacks over the rest of the year. Early to say if there are any shares trading. We will you know if they move. Goods, dicks sporting and tj maxx will be reporting before the bell. Into it is coming up after the bell. What do you make of sal
Pirates are on board. Today is a big day in the history of business. The mac computer turns 30 years old. Steve jobs unveiled the first macintosh computer on this day in 1984. It essentially began the modern era of the pc, which is going through a bit of a crisis right now. It is knows the price apples growth comes mostly from mobile devices. It is worth a few seconds of your time to look back at our old friend mac. . Today, for the first time, i would like to show you macintosh in person. Hello. I am macintosh. [applause] that is what a computer is to me, the equivalent of a bicycle for our minds. You saw the first sales drop in 10 years for the mac. 10 years ago, it made up nearly 60 of apple revenue. Today, 12 . That might play as much to the fact that a lot of people by iphones and ipads as much as it does to fewer people buying pcs. Global pc shipments fell 10 last year. That is one reason why lenovo decided to buy the ibm server unit to expand into other businesses. From a commer
Pirates are on board. Today is a big day in the history of business. The mac computer turns 30 years old. Steve jobs unveiled the first macintosh computer on this day in 1984. It essentially began the modern era of the pc, which is going through a bit of a crisis right now. It is knows the price apples growth comes mostly from mobile devices. It is worth a few seconds of your time to look back at our old friend mac. Time, i, for the first would like to show you macintosh in person. Hello. I am macintosh. [applause] that is what a computer is to meet, the equivalent of a bicycle for our minds. Sell the first sales drop in 10 years for the mac. 10 years ago, it made it made up nearly 60 of apple revenue. Today, 12 . That might play as much to the fact that a lot of people by iphones and ipads as much as it does to fewer people buying pcs. Global pc shipments fell 10 last year. Reason why lenovo decided to buy the ibm server unit to expand into other businesses. From a commercial perspect
Lets look forward and talk about the game plan for next week. This business isnt about the past. Its about the future. Now, we start off next week worried. Worried about the rest of the world. We could be concerned with just our own country. But the rest of the world. The numbers out of europe and china are okay. I hope that can change monday. The pmi is coming over the weekend. Along with eurozone manufacturing pmi. Why is that so important . Give the main Portfolio Managers looking for a resurgence of International Industrial that is are based in the u. S. The profit taking in this has been down right horrendous. Maybe strong numbers from europe and china over the weekend could allow for a nice oversold rally. One that may have started the last half hour of trading today but gave up the ghost in the last ten minutes. We hope it see more news on chatter that sprint maybe preparing a bid for tmobile. Like them both. Something my friend david faber said could be in the works many times