Officer gary cohn. The white house says hes not leaving his post well have all the details. Steve bannon says were at economic war with china. The former ceo of lvmh will tell us why he actually doesnt think the u. S. Can afford a trade war right now. Lets start with the two big things investors are watching carefully. Retail earnings again and more potential drama in washington. Courtney reagan is covering the walmart story for us and eamon javers has the latest political intrigue out of the white house. Courtney, lets start with you. Shares of walmart are down today. You mentioned dragging the dow lower. Pessimism, of course, hanging or the entire retail sector, and while there was a solid quarter for walmart expectations were high going in and walmarts quarter earnings only meet expectations on the high end some of the pressure down 2 walmarts profit and revenue beat expectations and raised the lower end of its previous fullyear Guidance Range now, profit is still held down in part
Homeland security secretary john kelly be appeal proof this time around . The president s first order shut down by a Appeals Court after mass holding at airports across the country. So we have jeff flock live on the scene at Ohare Airports where there have been huge protests. Whats happening today . We have devout muslim ask azuhdi jasser on whether he sees the new bam as antimuslim and former Virginia Attorney general kim well ask is this order airtight this time . Will it really keep america safer . Plus, well, the stock market euphoria. Remember the day after President Trumps speech before Congress Last tuesday . Stock markets shot up . Kind of long gone, at least for the moment after his weekend wiretapping allegations against president obama. Will his demand for an investigation prove him right . Or will it be a case of be careful what you wish for . And then of course theres the slow pace of the Obamacare Repeal roll out. Richard goodstein and ed martin on whether these distracti
Airbags. Autonations ceo mike jackson will be with us again today, joining us exclusively to discuss the impact on auto sale, talk about jamie dimons warnings on auto loans. We have a lot to talk with mike jackson about this hour. California, one of the highprofile primaries today. Were going to take you there live to speak with Trump Supporters in the bay area and look at the spending between Hillary Clinton and Bernie Sanders. In the meantime, lets get to our panel today. Rick santelli joins us from chicago. So john, what do you think . Is this rally sort of an all clear rally . A relief rally if you will after Janet Yellens speech yesterday. I dont think were there just yet. This is just another example of our market drifting higher on light vacuum, very light participation. There hasnt been a major catalyst for investors to buy in this market. And speaking to cog leagues, i need to get to this market now. I think im going to miss this run up higher. Theyre still in this wait and se
Retail stocks hit hard today. You can see it trading down 19 there. A number of top executives telling us consumers are still spending. So whats behind these moves . Were going to take a deeper dive into whether the consumer is weak right now. A disconnect in all of that. Big earnings from tesla. 21st century fox. And square reporting after the bell tonight. We will tell what you to expect from those reports coming up. And more reports about turmoil between the Republican Party and nominee donald trump. We have outspoken libertarian Penn Jillette. Among other things. Look forward to penn coming up. There he is. He calls himself a professional juggler. But he is so much more than that. We will talk with him later. We start with the bullish call on gold. Precious medal falling today. But up 30 this year. Bill gross was on power lunch earlier today and he made his bullish case for the commodity. I like gold, too. I think ultimately if fiscal stimulus comes in and weve seen that in japan,
Health of retail looks like. Tough to get handle on retail these days. So diverse. Plus after a recent rash of airline glitches, there are new calls from congress for airlines to overhaul their i. T. Systems. We will talk to that man there, senator Richard Blumenthal, one of those lawmakers behind the initiative. He and senator marky from massachusetts sent a letter today to those airlines seeking answers to the latest glitches here. And reporting earnings after closing today, tech giant getting toward layoff 14,000 employees, nearly 20 of its work force. Shares down about 1 on the news with those earnings coming up. Over that over the next couple of hours. Lets get to fed minutes and markets reaction in a minute. First a closer look at todays earnings mess in retail. Courtney reagan has the low down for us. Plus some recap of the special guests you had last hour. Courtney . Hi, bill. Remember last week we talked about retail resurgence, but i said, whoa, not so fast . Today targets tr