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Shares of pharmacy giants are under pressure after amazon said it was jumping into the Prescription Drug business bowe is off a little pour than 100 points nasdaq and s p clinging on the gains. Coming on todays show, retail earnings season full swing. Shares of coles are higher after topping eps estimates this morning. We will talk with the ceo. Plus, as the u. S. Is seth coronavirus records we will talk with dr. Eric gooseby. All of that still to come. First lets focus on the big stories today. Mike santoli is tracking the market phil lebeau has more on teslas spree into the s p 500 and we will talk about the pharmacy space and amendss move into it. Mike santoli lets start with you. It was the morning was off the lows a mild pullback. Market seemed like it needed to cool off and rest for a day. Right now riding the upper rail here we close at a record yesterday remember that. Above 3600 working below week ago mondays high hard ....
Amd to buy xylinx. Is there more room to run on amd . Well explore that one when power lunch begins right now earnings season is supposed to be a report card for companies. Lets go to bob pisani for more on this lack of guidance bob . Kelly, once again, the Fourth Quarter, another quarter with the lack of guidance its a bit of a problem because the analysts again having a hard time figuring out what the right numbers are. Remember, the earnings numbers have been coming in very well, generally weathering but again, big companies, no guidance from caterpillar, 3m, xerox, Stanley Black and decker. Others like Harley Davidson didnt give guidance either. Raytheon, corning. No guidance from companies. Analysts have a tougher time and theyve been very conservative and wrong so far fortunately wrong on the conservative side. Loo ....
Welcome to squawk box. Im becky quick along with joe kernen and Andrew Ross Sorkin. Futures are indicated higher this morning, triple digit gains for the dow up by about 167 points but yesterday was a big down day for the markets. Dow was down by over 400 points, 1. 4 the s p and nasdaq done evz nasy even more. This morning s p indicated up by about 25 and nasdaq looks like it would open up by over 100 points fairly significant obviously everybody watching what will be happening with the stimulus talks with the deadline that nancy pelosi has said for later today. Lets take a look at the treasury markets ahead of that, you will see that the ten year looks like it is yielding 0. 777 so a little stronger yields for the treasury markets right now but andrew, obviously washington is where people are watching and that is exactly where well go because House Speaker nancy pelosi a ....
Of the Largest Companies in the sector, are out with their Quarterly Results just one day after the nasdaq hit a record. The group h been a Major Driving force behind the makts rally despite threats from regulations from lawmakers. Lets start with the biggest of them all, azon. The companys record profit streak is over. The online retailer reported mixed results, missing earnings expectations but exceeding revenueforecasts. Amazon cited high shipping costs and weaker than expected growth in its clouds computing business. Investors were disap sent the stock lower in initial after hours trading. And then theres alphabet, the Parent Company of google easily topped earnings expectations and reported a rebound in reven growt thanks to strength in its advertising bus ....
Per hour. New crash westbound 4 at hillcrest avenue. One is walked in that area and speeds slowing to 20 Miles Per Hour to keep it in mind if youre going in that area and south bay the crash southbound a 80s capital expressway. Will nina vogt but not expecting speed too much. Developing news on the peninsula. Police are trying to find the person behind the shooting that shut down massive Shopping Mall last night it happened at the shops and 10 karen. Jackie ward is live at the mall. The Police Department with the latest. Reporter we are actually in front of the san bruno Police Department. We are waiting for an update in the latest research on the shooter or shooters are still vet there tnesteus that they first heard gunfire shots just before 4 p. M. Yesterday ....