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Peter navarro meant to say on fox last night. There was a little confusion. I think that he was pretty definitive to say it was dead, the president was pretty definitive in saying the trade deal is on who would ever think that this would happen, good news out of europe, pmis are strong, they are inflating things in their economy like we are. I also think there might have been a short squeeze those of us who watched when navarro said what he said the market plummeted and i think overnight traders said its going to open down badly im going to get short and they got whipsawed because you didnt think navarro could be reversed as quickly as he was given the fact he is a close confidant of the president. Almost exactly what art cashin is saying this morning. Whipsaw resulted in a good deal of short covering. He says the bulls may now reassert control he says they need to take the dow up by more than 450. The bulls are when you watch the market ahead of time you see so many stocks going up fo ....
Major funding for the pbs newshour has been provided by Financial Services firm raymond james. Consumer cellular offers nocontract wireless plans that are designed to help you do more of the things you enjoy. Whether youre a talker, texter, browser, photographer, or a bit of everything, our u. S. Based Customer Service team is here to find a plan that fits you. To learn more, go to consumercellular. Tv fidelity investments. Bnsf railway. Johnson johnson. The john s. And james l. Knight foundation. Fostering informed and engaged communities. More at kf. Org. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the United States has nobeen buffeted by a full week ....
Which means they were the vast majority of the comp sales the in store sales were. 9 . The stores fulfilled 80 of the digital orders in some way Brian Cornell said the retailer will spend 500 million from the beginning of march through july 4th on higher wages and other operational expenses related to the covid crisis so this spending goes beyond q 1 into q 2 not directly comparable with what we heard from walmart yesterday. The sales came at a cost their operating Income Margin was 2. 4 compared to 6. 4 in the same period last year and the gross margin rate was 25 compared to nearly 30 last year but then look at lowes, Michael Baker calls lowes perhaps the most surprising result of the quarter for retail their comparable sales grew more than 11 total up more than 12 in the u. S. Thats only the fourth time in at least ten y ....
Stocks will surge when this is over. Now look at this. An overnight tweet from the president. Quote, the United States will be powerfully supporting those Industries Like airlines and others that are particularly affected by the chinese virus. Big bucks coming. The president is clearly on board with the rescue plans that deliver trillions of dollars to industries and individuals. Who gets help and how its delivered, thats going to be hotly debated but there is a new sense of urgency to push that money out there. Here are the latest virus developments. Todays primary in ohio has been canceled by order of the governor. Primaries in florida, arizona and illinois will go ahead but the results are likely to be skewed by what may be a low turnout. Mcdonalds will close its dining rooms. Takeout and drivethrough okay, but no eating in. Chickfila, starbucks, they are encouraging takeo ....