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Welcome to power lunch stocks are mostly in the green but off the best levels. Nasdaq hitting new intra day record highs check out shares of walmart soaring more than 4 adding more than 20 points to the dour the dow he they bought back more than 20 million worth of stock and airlines are up 2 to 6 bullish signs fueling this group. We have the details just minutes away and im Michelle Carusocabrera here is what else is happening pfizer is thinking about spinning off its 15 billion Consumer Health care business. Honeywell also shaking up its business focusing more on aerosparroeros. And the imf raising its Global Growth forecast to 3. 6 this year and 3. 7 for next year. President trump right now having lunch with secretary of state Rex Tillerson. That is their ....
Foundations for a new eastwest trade route. Rishaad the weekend hackers may strike again on monday. At apples market capitalization in excess of 800 billion. If you add them up, you have a 8527,d capitalization, we are at roughly 3 trillion. Quite something. That is what we have at the moment. Some people saying these five have too much clout when it comes to soft power and real power with the amount of data they have at their disposal. The tech names pushing higher with the rest of the market treading water. On the asian agenda, some china expected, retail sales come Industrial Production, some of that expected to have ease, particularly industrial activity , painting the picture q1 was week. I want to touch on the credit data over the weekend and on friday. , credit expansion continues to push forward despite the Deleveraging Campaign from beijing that has sha ....
Good morning, welcome to mornings on 2. Cool air settling. Good looking front and associated low. It will generate some pretty high surf next couple of days. A High Surf Advisory is in effect. Today into friday, high, october 2 longshoremenoctober p 1st, rainfall, take your pick some much higher than this. Everybody is doing well. San jose to santa rosa no rain, now, maybe sunday, but i dont think it will do much except up to the north, clear skies, 40s on alot of these temperatures, a cool morning. 40s and a few 30s in the mix, except for a few lie clouds, we are good to go. 60s to the low 70s. 6 02, i know traffic is picking up, is there anything on your screen . A little slow traffic on my screen, steve, although its not too bad. Ill show you the east shore tree way. If you get on the roads soon, you can jump ahead of most of the crowds. Its a 24 minute drive put it on the map to show you the same stretch here. A little slo ....
Overnight. Big story. Many markets are still closed for the Lunar New Year holiday, but the ones that were open got absolutely slammed. The nikkei in japan closing down 5. 4 . Its been dropping for five of the last six sessions. Main culprit, the dollar versus the japanese yen, dropping to its lowest level since november 2014. A strong japanese yen, a weak u. S. Dollar. Japans finance minister calling the yens moves, quote, rough, and saying hell be watching it closely. As youd expect, exporters in the japanese market closed down sharply. Toyota, nissan, honda, and sony all among the biggest losers. And check out the japanese tenyear government bond. The jgb. Weve been talking about that for a while. Overnight, the yield fell below zero for the very first time. More negative territory for sovereign bond yields. Its absolutely stunning. And i think the yen point clearly crucial for this nikkei reaction. Lets also highlight the poin ....
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