Tenyear yields above 2. Fourth quarter gdp revised down to 2. 2, above estimates road map begins with the markets, shaking off that disappointing gdp number. As we kick off the last day of february. But the big question, could today be the day we finally see nasdaq 5k . Retails in focus, earnings miss, jcpenney shares down nearly 13 in the premarket. A better report from gap puts that company in the green. Return of the mac. Shares of mcdonalds up 6 in two days. Why its shares could hit the 100 mark for the First Time Since july. But first up Fourth Quarter Economic Growth slower than the government expected. Up 2. 2 compared with previous estimate of 2. 6. The nasdaqs up 7. 6 for the month and is within 13 point of 5000. The dow rising 6. 1 . Its on track for its biggest monthly point gain ever. S p up 5. 8. You dont get numbers like this too often. No. January was gloomy people saying, gee, as january goes the rest of the year. Completely wrong. We have Conference Call talking about
Like to look not just at the ten kwlooer. 2. 629. Japan, france 1. 76, italy 2. 9 and spain 2. 63 to put that in perspective as we look at our tenyear note. For europe, of course, many of which ive mentioned, it is decidedly negative there as well this morning. It was a relatively quiet night. Stocks in asia finished the day more or less mixed. Europe is in the red across the board. News pretty quiet, slow on the macro front. Although there were a number of headlines perhaps impacting things over there. Lets get back over here and start with our road map and it starts with amazon. Some bare knuckle negotiating tactics, its more than books. Why you cant preorder the lego movie on amazon. Com this morning. And whats at stake for time warner. Fresh highs, of course, have been set for the dow, but as you saw futures are sharply lower this morning eric cantor defeat perhaps weighing on the market . We will discuss that. Overseas profits getting attention. Overseas europe investigating tax p
After years of fierce brawling, Google Assistant and Alexa are finally playing nicely together. Harman today announced new additions to its JBL Authentics