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Week the s p is tracking for a third week in a row of losses, down 1. 3 nasdaq futures up 73 points. Weve got a lot to talk about on a summer thursday. Our road map starts with earnings walmart posting better than expected results fellow down component cisco gets a lift, beating with its Quarterly Results and talking up a. I. Ceo Chuck Robbins will be joining us here. Plus, investors continuing to digest fed minutes released yesterday. The tenyear note yield hitting a fresh high were going to begin with walmart, raising fullyear forecast the retail giant benefitting from customers seeking bargains. U. S. Comps up by a better than expected 6. 4 and ecommerce jumping 24 led by pickup and delivery theyre clearly taking share because theyre out comping their competitors and the industry theyre crushing it i want to straighten some things out here when you have ecommerce up 24 , ....
Coast. Steve mine too. Brian so did too. This is fox friends. Everyone is checking their watch. Let me show you whats on our show. New york groove. Former President Trump swarmed by supporters in Deep Blue Manhattan making the most of his hush money Trial Campaign style. It makes me campaign locally. Thats okay. We are doing better now than we have ever done. We are going to straighten new york out. Ainsley propalestinian google staffers arrested for taking over Company Offices across america. Brian thats unbelievable. This as some far left lawmakers refused to condemn antiisrael protests. Burning the American Flag and chanting death to america . Do you condemn this type of rhetoric . Steve maybe she shou ....
Im wilfred frost. And seema mody in for sara. Good morning, will. Good morning to you. Lets go straight to Market Action this morning. Off the back of a strong finish to a tough week last friday. We saw decent gains on friday that meant the weeks performance was respectable. Declines but the nasdaq down more than. 5 . S p and dow just down by. 75 . For the week as a whole, seven out of 11 were negative led down by financials which turned in the only performance of all of the sectors of more than 12 decline. A this morning, as you can see, were bouncing back from that decline last week. The dow pulled high just shy of 30 points. Lets look at oil prices because they turned in a resounding poll week. Up about 5 for the week as a whole. Back around 50. And adding gains as you can see, have the 50. 8, the fwries ofpri crude. Exports in japan rising 7. 5 in april from a year ago. Below the 7. 8 annual growth. Exports abroad are being dri ....
Gridlock in washington. First, the fate of the Affordable Care act, also known as obamacare, will once again be in the hands of the u. S. Supreme court. Justices have decided to hear an appeal of the law. Our Supreme Court reporter joins me on the phone. This appeal deals with subsidies or tax credits. They have helped more than 4 million americans afford insurance. Arent these subsidies the linchpin of the Health Care Law . They are really important. Without them, most or all of those people could not afford insurance. If they cannot afford insurance, that would mean that only the most to desperate people might buy insurance. That would essentially send the Insurance Markets what the Administration Calls ....