Deal. Markets pointing to another record high. Weve got gains across the board with the major indices once again in unchartered territory. Dow futures up 23 points, s p up 2, and nasdaq futures higher by 9. Impeachment standoff, that continues this morning. Congress is headed home for the holidays. But democrats are holding up sending the articles of impeachment to the senate. The battle focusing on witnesses now. What happens now . We are digging in. Then the force not so strong this time around. Star wars, the rise of skywalker number one at the box office in north america but falling short of the last two films in the trilogy. Mornings with maria begins right now. Its christmas time and weve got the spirit. Jacks for chilling. Thats what christmas is all about. The time is now. The place is here. Maria weve got christmas rapping going on this morning. We have a big show. Good morning, everybody. Joining the conversation, the director of Equity Research at cfra, ken leon is here. Pol
Things where its always on the horizon, were about to do it. I think they will do it. That will take a huge uncertainty out of the way, usmca, nafta 2, getting that out of the way. The other thing to avoid is a trade war with europe over auto parts and imports. With all the optimism, bank of america said 68 of managerses think the markets going to be good. Thats usually a bearish sign. Lauren i know. When everyone starts saying things are so good, mitch, you study this, you know the stock market, does that mean you should go in the other direction. Not necessarily. Think about what happened last year. We were worried about the fed raising rates. This year the fed lowered rates three times. The markets are sending them a message, saying we like lower rates. I think fed talk will be the thing to look at. I would look at corporate earnings next year. Baked into the market this year is the fact that next year will be a good year for earnings. Last year was a meh year for earnings. Lauren i
Maria welcome, lowes reporting Quarterly Earnings a moment ago, Ashley Webster are. The numbers. Ashley lets get right to it, eps, adjusted basis 141 per share, better than estimate of 1. 35 but revenue coming in just a tad short 14. 4 billion, we were looking for, or at least the street was locking for 17. 68 billion, a little miss on the revenue side, it is reaffirming says lowes, outlook for the rest of the year, in fact, its raising eps estimates which is pretty solid when you consider disappointing result from home depot yesterday, as you can see, though, premarket, lose down 3 , total sales up 2 , but other than that comp sales were up 3 , the outlook or certainly, about where we expected it to be, maybe as comparing this to home depot, maria, a little less on the downside although i wouldnt say that much on the upside if that makes sense, the stock coming back a little bit in premarket, this is not a bad report at all and certainly raising the outlook for the rest of the year ce
Walk away from it, its a doubleedge sword for the democrats to go bonn this sword. Maria it sure on, we know the activity that went on in terms of hunter biden. Well, its crazy, to be honest, i dont understand why people arent saying why president made the phone call which was to congratulate the president of ukraine on his partys landslide wins in parliamentary elections the week before, i was actually in ukraine and people are acting as if the president called out of the blue to talk about biden, i wasnt that, a call made for purpose and this might have come up. Maria we will get the transcript soon. On deck this morning chairwoman of rnc, Ronnie Mcdaniel to talk about hearings, texas congressman and House Financial Services Committee Member lance on house leadership and Fox News Contributor karl rove on impeachment hearings, former ambassador to un, new mexico governor Bill Richardson on President Trumps un speech, we have a lot to talk about this morning, top story is the white hou
Maria rally name tax overhaul closing that yet another record high yesterday. That is the 64th record this year. Feature showing a mixed opening this morning. Dow industrials up 25 points but the s p and nasdaq are lower. Much of the rally yesterday have been really the first. We have been up 200 points this session. Close up, but not as much big markets are lower. Flat on the session, the cac down two thirds of a percent as of the dx in germany. Markets are mostly lower the exception of korea up a third of a percent. Hong kong, hang seng up to 1 . The Supreme Court President Trump justices will love the white house to fully enforce the ban on the travel to the United States the United States for six mostly muslim countries now. We break that down coming out. California residents on alert this morning. Details of a Massive Wildfire north of los angeles explodes overnight. All the details. Terrifying moments, Pittsburgh Steelers linebacker taken to the hospital following a scary collisi