It. Of we have been watching what has been going on on the louisiana coast for the latest headlines on hurricane laura, that has preoccupied people. Here in europe, also waiting on the latest developments from jackson hole. Just as we see laura weakening to a category three hurricane, although we know they can still linger it still do damage. Tom 120 Miles Per Hour maximum wind, but the landfall of 160 was extraordinary. The shape of the storm has changed as well. With our first word news in new york, here is ritika gupta. Ritika good morning. It is one of the most powerful storms ever to hit louisiana. You were just discussing hurricane laura, it made landfall near cameron, louisiana with maximum winds of 150 Miles Per Hour, plus there is a threat of a catastrophic storm surge and flash flooding. There is concern that damage could leave areas and uninhabitable for months. It will also shut down a third of the regions Refining Capacity. Winds have died down but laura is still a categor
So call me at 1800cnbc how did we get up here with the s p 500 hitting alltime highs, dow hitting its high for the year after gaining 249 points today. S p climbed 4. 9 nasdaq rose. 80 and more importantly, does this market have what it takes to keep powering higher regardless of what happens with the president , with trade, with the Federal Reserve . Just looking at the fundamentals of individual companies which is what we do best in cramerica, i think its worth wondering what might happen if we stay on evq we need it know if the market has gotten too expensive, or if its got more room to run. Especially with oil having a monster runoff just today because of tension with iran so lets zoom in on the top ten performances in the Dow Jones Industrial average, 2019 see, this will help us put in context so we understand how we got up here and whether it is dangerous, whether its safe, whether it makes sense number one is microsoft. Its a trillion dollar household name with a stock thats up
The lowest since october of 15. The road map begins with a rough week for retail. Nordstrom and penney are down this morning. Nbcs lester holt sat down with President Trump and well bring you the highlights on russia and more and plus the tweet storm this morning, threatening former fbi director comey. Apple is taking aim at another all time high today and two analysts raising the price target. First up though, Government Data showing retail sales up 0. 4 in april. The strongest gain in four months and nordstrom beat on revenue and comps are down 0. 8. Penneys swinging to the surprise profit, but Revenue Misses on a 3. 5 decline in comps. Jc penney is going to give its all time low run for the money today. What can i say . Minus 3. 5 comps. They did talk about how march and april improved from february. Now, kohls said the same thing. There was a lot of etf selling yesterday. Really came off of macys. Ebitda, here 40 million down from 176 last year. Theres no growth and its really hard
old-fashioned brawl to spice things up. ucla and arizona throw down on a thursday night. the bizarre story that led to this fight ahead in sports. first let s get to the news live at 5:30 a.m. at 30 rock in new york city. two months after being run out of power in tripoli after 42 years, moammar gadhafi was killed yesterday. early reports of his capture were met with guarded optimism. witness secretary of state hillary clinton who received the news as she prepared for an interview in kabul, afghanistan. wow. unconfirmed. unconfirmed. unconfirmed reports about gadhafi being captured. unconfirmed. we ve had a bunch of those before. we have had him captured a couple of times. by midday gadhafi s end following a final clash between supporters and rebels was verified sparking celebration throughout libya. nbc news chief foreign correspondent richard engel has a look at the last moments of gadhafi s life. fair warning, the following report does contain some images that are
you might as well have a good old-fashioned brawl to spice things up. ucla and arizona throw down on a thursday night. the bizarre story that led to this fight ahead in sports. first let s get to the news live at 5:30 a.m. at 30 rock in new york city. two months after being run out of power in tripoli after 42 years, moammar gadhafi was killed yesterday. early reports of his capture were met with guarded optimism. witness secretary of state hillary clinton who received the news as she prepared for an interview in kabul, afghanistan. wow. unconfirmed. unconfirmed. unconfirmed reports about gadhafi being captured. unconfirmed. we ve had a bunch of those before. we have had him captured a couple of times. by midday gadhafi s end following a final clash between supporters and rebels was verified sparking celebration throughout libya. nbc news chief foreign correspondent richard engel has a look at the last moments of gadhafi s life. fair warning, the following report does