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Ive taken this quarantine times to update a couple of bathrooms. Not. Light bulbs i have always wanted to be handy. These numbers are expected to be insane i did change a couple of light bulbs. They are all different so finding the right one for all the Different Things my wife has, it is not easy. I have changed a couple of them but thats about it. Rising to the challenge, im sure before we get those numbers from home depot, lets start with the overall markets. The s p 500 finished the session just shy of the high just shy, we are talking 4. 15 points away from the record it is sitting at at this point. 3,386. 15 is where it closed. The record from february is 3,393. 52 the record close of 2020 up another 1 to 11,129. Looking at record futures. Two dow components reporting home depot and walmart big numbers expected from both of those dow futures up by 64, nasdaq up by 40 and s p up by 7. Dow component reported 4. 02 a share. C ....
Speak. Numbers will move around this morning. Dow would open 150 points off. Nasdaq down 60 s p would open off 18 points treasury yields. 10year treasury at 4. 223. It moved up. 2year treasury at 4. 96. As joe mentioned, in the last half hour, fitch warning it may downgrade dozens of banks. The Agency Cutting assessment of the Industry Health in june. Fitch rating stating if the industry is downgraded again, that translates to negative reaction fitch wants to significaal that downgrades not a foregone conclusion he will join us in the next hour to breakdown what with is happening here. Im looking for a trade, courtney i dont see it yet home depot is saying things are crappy in line with the crappiness they talked about you saw it yes fiscal earnings down Single Digits you want to go through the numbers . I dont know if t ....
And shanghai up 18 points. The dax up by a half percentage point. Similar gain for the cac in france the ftse in london up by a similar amount the yield in the to twoyear, up 1. 763 also look at gold prices because they were under some pressure yesterday gold down about 1. 6 1,27 1,279. 50 lowes is recording 1. 05. Above the estimates of 1. 02. Three cents above estimates. The revenue number that im looking at, at least sales, 16. 8 billion thats a bit above looking at this forecast company sees fiscal year eps of 4. 20 to 4. 30 if thats not an adjusted number, its below the 4. 50 on the estimate here. 1. 05, three cents ahead. The company is supposed to earn 87 cents next quarter that would have gotten the company to 4. 50. They beat it by three, so they only need84 cents in the fourt quarter to hit that number maybe thats adjusted. If its not adjusted, its below the forecast maybe theres something there. The adjusted number may be different than the 4. 50. Looks like theyre lowering ....
Kenmore brands and appliances on the shopping site. So, mario, i guess this is what were used to now. Do we have to look at our portfolios and are they saying that it can be disrupted by amazon its part of the free market system its good for the consumer something to come along with the business only two days ago along with a baseball team. Inflation for the goods and analysts watching this, all they have to do is look at page 41 of their annual report. Appliances are 7. 8 of the companys total revenues, however, thats been the big growth factor on a com space and thats what the street looks for. Do you think some of this is over blown look, mr. Market, that is the volatility in the market where is home depot going to be in the next five years the important element is inflation in the goods they sell they are going to do something material because they are saturated in the u. S. , they have to do something. Im glad that amazon comes along and knocks off everybody it keeps you on your t ....
Well be hearing from Tjx Companies and after the closing Bell Jcpenney will be reporting its numbers. Its been a stock to watch for the past year down near 5 a share as of yesterdays close. Lets get to andrew with some of todays top corporate stories. Hey becky. The big one bank of america saying that federal investigators are looking into whether the bank violated certain requirements of a Government Housing program. The probe centers around compliance with the rules of the federal housing administrations direct Endorsement Program this coming according to a 10k filing by the banking giant. Also this morning, Credit Suisse under a lot of pressure in europe, it already is under pressure in europe this mor ....