Earnings season boost from cisco which is at the top of the i blue chips as you can see, up 3. 5 . Shares hitting a 52 week high after cisco reported a top and bottom line beat after the bell yesterday due to its enormous market share as well as future a. I. Opportunities at the company. Investors responding, up 3. 5. Walmart also smashing earnings expectations, raising its fullyear forecast as well. The retailing giant saying that bargainhunting customers buying more grocery staples as Household Budgets remain under pressure which, of course, helped boost sales for the big box retailer. As you can see though, currently trading down 2 . Despite tight budgets, analysts pointing to resilient demand in the u. S. As one of the reasons why the 10year yield is soaring to 10month highs right now. As you can see, up 4. 309 . Investors still have concerns that hot demand could keep inflation and, therefore Interest Rates, higher for longer. Of a lot of people talking about that. Plus, initial j
It felt kind of bad and here we are and weve actually gone into positive territory for some of the indices. Were seeing north korea acting up again but nothing has really happened. Until you see hopefully nothing really happens, the markets are going to go up and down and then hopefully we just get passed this again and we look at earnings earnings are going to drive this market nothing is happening meaning the bomb didnt land on land and so, therefore, the markets are saying, you know what, every dip you buy . I think thats what youre seeing so far unless you see a real attack. Yeah, i think its really hard to trade into an event like this we are in an environment where there are irrational actors but in terms of what the Economic Impact would be if war broke out, it would be highly localized to the asian region and specifically to the korean peninsula. So i do think that when youre thinking about it from a u. S. Investor perspective, u. S. Investors are probably insulated in their po
Unless mexico is going to treat the United States fairly with respect, such a meeting would be fruitless and i want to know a different route. Charles just a short type ago white house Spokesman Sean Spicer clarifying comment that the administration was prepared to impose a 20 border tax. He says its just one of the options if a trade war comes. Joining me joe walsh and steve moore. Joe, on the political aspect of this, the stakes have gotten high. Dare i say we are in a mexican standoff. Who blings here . Blink, we dont. Pull yourself back for a accept. We are 5, 6 days into a Trump Presidency and we are talking about the wall. 5 to 6 days into the Trump Presidency is beginning to build that wall. Most people during campaign thought it was Campaign Talk taken wouldnt follow through. We have to give him so much credit. This is why he got elected and hes following through. Trump is a businessman, he has been negotiating deals like this his whole life. This is just the first step. Mexico
Pleasant with 3 highs near 50. 3 3 mark tight a fire late last night at a home in gretna left a woman dead. It happened on henry street just after 11 last night. Katie yeatts lived alone. And was not able to make it out. She was 73. Abc 13 just checked in with the fire marshals office. They have not yet determined the cause. Gretna fire crews say. It started in the front corner of her home. Neighbors told us that is where her kitchen is. Arson or foul play is not suspected. 3 noreen tight a rare compromise on Gun Legislation in virginia today. Democratic Governor Terry mcauliffe and Republican House speaker William Howell held a press conference in richmond outlining the deal. Their proposal control measures while have invalided handgun permits in Virginia Held by residents of 25 other states. We have many more details about this legislation at wset. Com. We do want to know what you think about this. Todays abc 13 facebook poll is, how do you feel about mcauliffes announcement to stren
Thanks for joining us im bill wadell. Right now search crews are chasing leads trying to find a missing teen who is in desperate need of medication. This is a live look at Blacksburg Police headquarters where that search is being organized. Hundreds of people are involved including local police and cadets from Virginia Tech. Police say 13yearold Nichole Madison lovell hasnt been seen since wednesday night. The girl is on medication for a liver transplant. Police fear there will be serious medical complications if she goes any longer without the medication. If you have seen nichole youre urged to call police. We have an anonymous tipline posted on virginia first dot com. New at ten. A scare tonight in a Shopping Plaza in roanoke. Several people called 911 reporting gunshots fired just before 6 thirty outside kmart along hershberger road. Witnesses arguing inside kmart and the confrontation continued outside. Despite the sounds of Gunshots Police say they have not yet found any phyiscal