are positive, up. it is a dollar strength story in the session. the euro is on cti. the headline number is largely in line. treasuries are unchanged on a 10 year yield. crude is softer. we did trade norse of $50 a barrel earlier in the session. alix: it was $52. m&a monday, discovery communications is buying scripps network for $14 billion. it is up 1%. it is $90 a share in cash. this comes on the heels of discovery saying net income was down 8% in the second quarter. it s all about the unification of these companies as they compete for ad dollars. versus congress president trump. the president said on twitter don t give up republican senators, the world is watching. repeal and replace and get to 51 votes. this comes after he threatened to remove government subsidies. meanwhile, you get a joint statement from the house. they emphasized the importance of tax reform. they said we are united that the most important action we can take to grow our economy and help the middle class
10 year. let s get your earnings. walmart coming out with earnings, second-quarter adjusted eps coming at $1.08 above the estimate of $1.07. walmart seeing years adjusted $4.40 to $4.30. nothing that stands out in terms of missing or beating estimates. in theown by about 1.23% premarket. on the year, what a performance so far this year. jonathan: they have really come back david: they have really come back. jonathan: up 17.4%. david: time now for the morning brief. we will be getting weekly u.s. jobless claims and the philadelphia fed s business outlook. bill ackman will prevent his adp thesis, addressing questions from investors and analysts as he makes the case for improving the company s performance. we get u.s. industrial production data for july and we hear from robert kaplan speaking time.as at 1:00 eastern all through the day, we are all going to be focused on washington and the aftermath of the collapse of the president s very is leadership councils. kevin cirilli j