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weekly inventory numbers coming out in 30 minutes. materials are under pressure as well. the commodity selloff we are seeing is not just in oil. we are also talking inflation as er we got the numbers this morning. inflation very slightly hotter than estimated committee even as wages continue to be under pressure. here is commodities and the inflation outlook. what expectations for inflation are being priced into the market. this is the 10-year break-even. we have seen that come down. come down as but applicable along with of the commodities, the commodities index. speaking of commodities and pricing inflation, we have target in focus this morning after the company said it has been cutting prices to better compete with walmart. however, that has put pressure on its margins. some of the numbers missed estimates, including its forecast, which it raised, but the midpoint of which is still below analyst estimates. target shares are trading lower. kroger under pressure as wel ....
i m michelle caruso-cabrera. we have a new trading month under way. it s been a narrow mixed session and then some volatility here in the last few minutes because of what president trump said. nasdaq outperforming the dow and the s&p 500 again hitting another record interday high. speaking of highs, check out these names. price line trading at an all-time high back to its i po in march 1999. yes, that would be an all-time high. electronic arts all-time high in 1989. dales force, ditto, ipo june of 2004. ceo marc benioff will join jim from san francisco tonight on mad money. jim cramer, of course. melissa, check out shares of tesla up more than 3% today. so far the stock is up this year, get this, more than 50%. first, though, to dom chu with breaking news. what we are watching now is a move in the financial stocks, big bank-related ones on the heels of bloomberg headlines saying that president trump is weighing possibly a revival of the 1933 act, xheshgs banking ope ....
extension of earlier gains, material stocks, health care shares leading the gains that we are seeing today even as we are still seeing volatility remains subdued. health care is doing well today. oftedhealth group in some the insurers higher. the presidents begin at a conference today saying health care is in a perpetual state of change. he says he sees very strong topline growth across the business in 2017. those shares up 1.5% and cigna and aetna also on the rise trade we had auto sales reports earlier today. automakers are rising, but so is goodyear tire in a good big way. up by nearly 6% morgan stanley analyst upgrading the shales by two notches. two notches. he boosted it to the highest on the street, $52. he says the technological revolution immobility may grow drive growth in miles traveled to two times historical levels. we are seeing some other auto today.akers rise outside stocks taking a look at bonds and the dollar today. we are seeing a little bit of ....
global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. i m alisa parenti. this is bloomberg. bloomberg technology is net. next. emily: i m emily chang and mrs. bloomberg technology. blackberry back under pressure as shares dive less than a year after it went all in on software. we will break down the first order miss that ended the canadian company s 2017 winning streak. suddenly change in china. we have highlights from the biggest stories this week in tech. more portfolios in africa start to diversify from oil, we take a closer look at the emerging. our deep dive into the bc climate on the continent and how it stacks up against the competition. first, to our lead. blackberry shares plummeting more than 11% in friday trading. the company getting a speedbump in its quarterly earnings report grea. the company missed analysts estimates for total revenue. before today, blackberry shares had risen this year. most of it ....
good friday morning. a warm welcome to worldwide exchange on cnbc. i m wilfred frost. i m seema mody in for sara eisen. happy friday to you. i was going to say the same to you took the words out of your mouth. happy friday to everyone watching let s look at the global market picture. we were essentially flat for the week coming into today for the dow and s&p. higher by about 1.3% for the nasdaq ahead of today s trade. futures pointing to a modest positive open. 30 points, just shy of that for the dow. 13 for the nasdaq, 13.p for t3 nasdaq an energy led story, the sector down 3% for this week. it is the worst performing sector, 9 out of 11 sectors have been in negative territory the week to date average return has been propped up by the tech sector the nasdaq the out-performer of the three indices. oil prices have been front and center all week. slightly higher today by a half percent. slightly higher by half a percent yesterday. as things stand now we ll look ....