In u. S. Inflation numbers. Medicine, food prices higher. Usedcar prices rising the bust since 1969. A deceleration in Core Services prices. Pandemic buying patterns have altered to the point that transportation, lodging away from home, still seeing an increase. The data is signaling little acceleration. Lapsed fiscal eight. Policy rates still years away. When you scrape beneath the Surface Company inflation data is pretty lackluster. Joe it came in pretty much right as expected across the board. You mentioned car prices. We will talk about that a little bit later. To me, the big thing is that white line. I think it offers a a lot of signal here. Unlike a lot of other lines, this one continues to be saggy. I think it is consistent with this ongoing disinflationary slump, not exactly it is the opposite of hot, whatever that is. Romaine we saw underneath that data, Something Like grocery prices actually fell in the recent month. When you talk about whether there is inflation, i guess the
Higher, by 18. In fact the dow and s p 500 scoring the third day of gains yesterday. But the nasdaq was the big winner with a gain of one and quarter percent on the war against coronavirus and dave ricks is here joining me first on fox business at 7 10 a. M. This morning. With breaking news you do not want to miss. The stimulus stalemate goes on House Speaker naption facing backlash now after senior democrats shot down a bipartisan proposal. And it is count down to election day President Trump says he has no regrets about his handling of the coronavirus pandemic. This as joe biden kept courts hifng voters in florida. History made at the white house, the dawn of a new middle east israel, the United Arab Emirates bahrain sign a deal brokered by administration. Here to talk and more. Plus Hurricane Sally crawling dangerously slow toward the gulf coast. Already dumping massive amounts of rain on the region. We have a live report. Apple newest tech taking a look at apple and ipad see if it
The futures indicated up about 322. The decline of 30 points futures point to bigger gain at the open of about 30 points. The nasdaq is open it is very early we have seen a lot of volatility lately lets look at what is happening in the treasury markets. Wti said the july contract that is the active front running Contract Trading above 22 a barrel one point of favor for the bulls on this. The 10year at 0. 698 . Andrew thanks, becky we have a huge lineup of guests. We keep saying a huge lineup but we do. It is crazy. Joining us exclusively this morning is walmart ceo, head of cocacola, james quincy, another exclusive with the new ceo of united the ceo of lonza that is partnering with moderna. A huge three hours ahead lowes, wow. Adjusted net 1. 77 the estimate was 1. 32 look at the stock. Up almost 4 home depot yesterday which was part of the reason that dow fell was because of home depot. Same store sales up 11. 2 . Dot com sales rose 80 lowes is going to invest quite a bit to support e
Hold on. This is a tease. Stealing the thunder already this thats right, we are going to talk about this in just a moment anybody still on radio has to wait a second. Take a look at the futures this hour dow futures down about 170, s p off by 2 and nasdaq down by 81. Yesterday, nasdaq down about 1 . Crude oil prices, lets check that quickly we had been watching that contract build up. The july contract build up to just over 34 yesterday. Lets call it even at 32. Then there is the treasury market weve been watching youll see the 10year note has been yielding 0. 64 . A little pressure there too. Take away. With that tease, it feems like months now, weve had really big guests and corporations a big interview at 8 00 a. M. Eastern. Well talk all things economy with former Vice President joe biden about the pandemic, the race for the white house and so much more. Well do that at 8 00 a. M. Live with him a big interview to look forward to on this friday. Tgif i know all the days roll togethe
We thank everyone for joining us for our first Small Business meeting of 2020. I want to especially thank the witnesses for taking the time to travel from across the country and take time away from their businesses to have this important discussion. There will be members coming and going or overlapping hearings with other committees. Youll see folks, and we ask for your patience with that as well. Farming and agriculture are at the heart of strong economies around the country. It is crucial to insure that our communities thrive. Coming from colorado, i understand the importance that farming and agriculture have on our states way of life and economic wellbeing. Nearly half of colorados 66 million acres are dedicated to over 30,000 farms and ranches. Many of which are small, locally owned operations. Colorados a leading producer of cattle, corn, wheat, and dairy. Colorados small farms are raising everything from bison and ostriches and growing mushrooms and grapes to name a few. In the 2