Europes closed. Apple didnt give a forecast and this white house commentary. I would start with the white house commentary the apple stock, even after you knew that there was no guidance, was up rather dramatically when we got word that the United States was going to retaliate against china, that was it it gave up the ghost and accelerated the decline in amazon we did have the greatest month since 1987 so that january month was augmented by tremendous japanese buying in 87. It was artificial. This was a solid rally off the bottom its time to consolidate theres no we have to get used to consolidation meaning a 400point dow instead of a 100point dow. We went down 34 in 25 sessions, up 35 in 27 sessions what does consolidation mean now . It has to do with the idea that we give up some of this last gain. The last gain was a short squeeze in airlines, in travel, leisure. We started believing in marriott up 10. Then yesterday we had a really strange day where the most important thing that ha
Good afternoon, glad you could be with us on hour one of power lunch. Im Tyler Mathisen the dow on track for its first fiveday winning streak of 2018 after that historic january. The dow, that index along with the s p on pace for the best weekly gains now best weekly gains since november of 2016. The nasdaq on track for its best weekly gain in nearly three and a half years now Cisco Systems rallying on its earnings beat, teva pharma soaring on news Warren Buffetts Berkshire Hathaway is going to take a stake there and trip advisor is higher. The company be buy back stock and gave an upbeat forecast. And for more on these markets, lets go down to the New York Stock Exchange Bertha Coombs is here today standing by. The dow trading above 25,000, the s p above 2700 the nasdaq recovered three quarters of the losses trading above 7200 the fiveday winning streak is putting these indices on pace for their best weekly gains in forever. Take a look at the mass in dnasq its up over 4. 5 , thats th
Golden gate. Were look at all green conditions as we look at the big picture map. We have an issue in downtown sonoma a construction crew hit a gas line. Well talk about that in less than ten. Happening today, two suspects in the murder of a film scout at San Franciscos twin peaks will make their first Court Appearance. 19yearold lamont mims and fantasy decuir shot and killed Edward French on twin peaks for his camera. We have learned that mims was released from jail just six days before the murder. He was arrested for a firearms possession charge and he was convicted of that charge and was released on his own reing so that distance. French was a film location scout and may have been at twin peaks working at the time. He got a break when less than two weeks after his murder a man and woman were robbed at gunpoint for their camera equipment. A College Professor arrested in in the bay area for a deadly stabbing in chicago is head back toillinois. The professor Wyndham Lathem waived his r
2,094. We got to get to dominick chu. He has a market flash. Global retail now. Earlier in the past hour we told you the news about walmart taking a 5 stake in jd. Com. Theyre going to swapt businesses a little bit. Walmart giving over the china operations to jd. Com and getting a 5 share. They were up about 8 pat going into that trading halt. They are now up about 8 . So trading just a little bit below where they were when that news first came out. Just call to your attention what is happening. There again, michelle, all of this on that bit of news that walmart is turning over its walmart china operations. It now be operated by jd. Com. And i guess in compensation for that, walmart will get a 5 stake, approximately in, jd. Com. Back to you. Operating in china has been tough for a lot of u. S. Retailers. Home depot got out of there a long time ago. They were so frustrated. Absolutely. One more thing, of course, youre talking about dealing with this whole on line marketplace phenomenon
High School Students completely fell through the stage right there at the collapsing. Good morning to you and thanks for joining us, you are watching Al Jazeera America and live from new york city im morgan and ceremonies in armenia today mark 100 years since the massacre of more than a million armains by turks and french president as well as russian president Vladimir Putin placed a yellow rose on a wreath commemorating lives lost around the time of world war i, for complete coverage we are if turkey and paul live and paul lets start with you this morning, an solemn day in armenia and what happened this morning and what is scheduled for later . Well its been raining all day, morgan and that has not stopped people from walking up to the eternal flame to pay their respects to those who died 100 years ago between 19151923, earlier today was the commemorative ceremony and World Leaders including Vladimir Putin and french president was here and other president s and they had an official me