19 years, fears thing, fears now, im neil cavuto, lets get the very latest on the significance on this day, not on anyone who are alive and remember quite well those who lived on the new york metropolitan area and washington, d. C. Orienting still pennsylvania, hillary bond with the later on some very special visits today. Neil the president says 19 years ago today when the men and women on board united flight 93 charged the cockpit causing the plane to nosedive into a field here in shanksville pennsylvania, it was a show of courage by Everyday Americans that took down terrorist save in the u. S. Capital and also sent a message to the world, america ih fighting for and defending until the very last breath. Flight 93 did the most american of things, they took a vote and then they acted. Together they charged the cockpit, they confronted the pure evil and in their last act on this earth, they saved our capital in this pennsylvania field, the 40 intrepid souls of flight 93 died as true he
Shares dropping as much as 6 . What made this company take a turn for the worse the traders are here to break down theout look for in name and a lot of others. Were starting with retailers. That was the story certainly this morning when we were on squawk on the street at the beginning of the trading day, the etf tomahawk tracking the space falling nearly 2 . The worst day in more than a month as retail earnings kick into high gear tonight we bring you good, bad and ugly today. Wow. Sound effects and everything. Retail wreck. Lets start with the gold. Tj maxx bucking the trend closing in the green after a beat on both on the bottom line. But then there was the bad thats home depot. It did get hammered this amp missing revenue expect rations cut the 2019 Sales Forecast but the ugly, that is reserved for kohls, the shares down 19 posting the worst day in more than two years we shall also note we just got results from urban outfitters. You can see it the stock down as much as 14 in the aft
Says military cloud contract win. And Restoration Hardware surging at the open, Buffetts Berkshire hathaway revealing a new stake in the furniture retailer stocks are looking to make more history a day after the s p posted its 21st record close of the year futures up on comments from larry kudlow about progress of trade talks in china, upbeat news about the consumer adding to positive sentiment. Retail sale s rebounded in october. 3 but strip out gas, it is a miss. Strip out autos and gas, it is a miss as the threemonth average continues to slow. Jim . Look, i there is just the mixed picture keeps making it so it is bullish. It is amazing. If it were too strong, we would have to say that jay powell has they still play by jay powell there is just enough tease with trade talk i have my view on what is happening now and it is not as sanguine as what people are saying this is about farm, about ag, and it is about this is my understanding, not necessarily about soy. A lot of pork involved b
Hathaway acquiring precision. We knew this. Nfl deal kind of interesting. Yes. Ahead of earning, reports for tomorrow. Al boib. First up Berkshire Hathaway saying it has agreed to acquire precision cast parts. They say the deal has an enterprise value of 37. 02. They say it takes berkshire out of the market when it comes to m a. Well probably be buying a few small things in the next six months. I mean, were in negotiations on a couple but in terms of a deal of similar size, it pretty much takes us out. What well probably do on this one is well probably borrow about 10 billion and use about 23 billion of our cash. Asked about a lot of Different Things. Ibm, hinted hes been buying more. Said kraft unlikely to do a big deal in the next couple of years. I thought there was a lot here. I know the three reasons the market is up. China should have been down a lot. The stock market has disassociated it from the data which is terrible this weekend. Second, when i look at whats happening with ap
About 30 minutes into the trading day and Abigail Doolittle has the latest. About, globalked markets shaking off the effect of the italian referendum. Abigail we have big gains for the stocks in the usb at the dow, s p 500, and nasdaq are all higher. Offially there was a risk reaction, but really a declining reaction. ,f we go back to the brexit a big selloff, then a selloff and it reversed. The dow on pace for a record closing high. But the dow isng itsace for us fix for fifth week i. The s p 500 and the nasdaq are reversing last week losses. At 2041. Ok the shows the alltime record high. Two things, right here we have an area of consolidation. It appears the dow is breaking. Ut higher the dow transports, a less followed index, is actually also trading at an alltime record high. Would say that signals more strength ahead for stocks. Taking a look at Asset Classes, we are seeing a risk on picture here. We have the safe haven gold trading lower. Follows from that supply cut from opec la