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The latest on all this. Reporter hey, carl. If a few hours ago, it was the calm before the storm, it now feels like the storm is approaching with members of the house scurrying back and forth, a flurry of activity as people are taking meetings and going back and forth from the floor as we build up to that vote this afternoon. Of course, this comes in the wake of what you mentioned, that ultimatum coming from the white house delivered by budget director mick mulvaney, although this morning on squawk box, he did now say its up to republicans to reach a consensus among their own party. Heres what he said. As to whether or not negotiations are ceased, i think we made it very clear last night that if the republicans need to work amongst themselves on the hill in order to tweak the bill a little bit here or there, in order to get the necessary votes to pass, thats fine with the president , as long as it doesnt change the underlying bill, and i doubt that it would at this point. Reporter ther ....
This morning. Yield curve continues to flatten and of course the fed minutes are on the way 2 00 p. M. Eastern time. Road map begins with target shares plunging after the Company Issues guidance. Call will begin in just over an hour. Goldman sachs downgrading equities saying theres no particular reason to own them. And fed minutes are coming out later today as the dollar hits a sevenweek high. Four years ago today facebook went public at the nasdaq. Shares priced at 38, now closer to 120 on a day where Mark Zuckerberg is set to meet with some u. S. Conservatives. First up, mixed picture on retail, target beats on quarterly profit but revenues and comps miss, Current Quarter guidance, lows better than expected results, comps up 3 surpassing home depot for the First T ....
Low. Our road map with stock futures in the red. Exxon and conocophillips moving some of those stocks. Sales force surging on the news it hired advisors to look at takeover offers. More of the apple watch dlis. A defective component to blame. Apple announcing another partnership with ibm. Well get to that in a minute. First up a lot for investors to digest on this final trading day of april. Consumer spending up 0. 4 last month. Claims down last week by 34,000 to 262,000. Thats a 15year low. Employment costs up 0. 7 . On the earnings front, exxonmobil did top estimates despite a 46 drop in First Quarter profit. Exxon revenue, i love these figures. Last year 106 billion. This quarter, 67 billion. You have to understand exxon had good production growth. People say no one got hurt buying the stock of exxon. This is why. Because exxon really hasnt done anything during this period. When oil was flying exxon did good not great. Oil goes ....