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Dow on track for the worst month since january. Icahn the latest the step down as an adviser to the president and now looks like there maybe communications with all of that and another shot fired in adps ackman battle. Well break down what that means. Four week losing streak for the nasdaq and given sort of these levels here. Not surprising that the dow is on track for the first month since january. I have been watching and reading and theres people that feel that a 2 correction was warranted. Thats not a correction. I mean, we had a meandering. Things have been good. Theres things like foot locker that are devastating things like estee lauder its just hanging in there oil tried to put a bottom in on friday news camp was good for oil but that was the most noteworthy thing that i saw obviously the bannon news was okay cohen in and banno out. The failed socalled bannon rally bother you. Not at all. Were at a moment where theres more people taking vacation than usual. These things i know ....
Thing what it meant to Frederick Douglass, you know. While you can have the general celebration and everything, we have a different perspective from the africanamerican community. This was a long history to understand exactly the distinction in terms of the celebration for one community and the kind of lack of observers on the other part of the community. What does it mean to people who have a history of bondage, history of segregation, a history of jim crow is him. You have to understand that kind of sensitivity that might be distinct from one community to another. Obviously when you Start Talking about this history of this country and the role of africanamericans in terms of providing that celebration, thats a whole other question. Because we been in the forefront of the socalled battle for freedom, justice and liberty in this country from day one, from day one. Going ba ....
We will discuss with david lee and just a bit. Im Katie Greifeld in new york. We have hovering near alltime highs. At the stock level, things are much more exciting. Take a look at the nasdaq 100 we have that bond market rally continue. About five basis points right now. It could change tomorrow when we have those pce numbers, but for right now, one stock we are watching is walgreens. It cut its profit forecast for the full year. Joining us now with more is fiona rutherford. This is the second time they have lowered their guidance. It shows how tough the landscape is right now. Less people going into retail pharmacies. Walgreens is having we think their footprint. It is brutal. At least taking a look, at least wall street does not have a lot of faith in the turnaround plan. I think that they feel that the plan is solid. An analyst from Bloomberg Intelligence said earl ....
We will discuss with david lee and just a bit. Im Katie Greifeld in new york. We have hovering near alltime highs. At the stock level, things are much more exciting. Take a look at the nasdaq 100 we have that bond market rally continue. About five basis points right now. It could change tomorrow when we have those pce numbers, but for right now, one stock we are watching is walgreens. It cut its profit forecast for the full year. Joining us now with more is fiona rutherford. This is the second time they have lowered their guidance. It shows how tough the landscape is right now. Less people going into retail pharmacies. Walgreens is having we think their footprint. It is brutal. At least taking a look, at least wall street does not have a lot of faith in the turnaround plan. I think that they feel that the plan is solid. An analyst from Bloomberg Intelligence said earl ....