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And the major averages today, we continue to see some small the kleins and small movement, overall as we are on track for the 55th straight session for the s p 500 without a move of at least 1 . The dow not quite making a 13th street winning session winning streak. It is very little changed, either way. All three major averages down just a bit as investors await more details of President Trumps tax plans and economic policy. We do have some earnings news that came out that is depressing several individual stocks pretty sharply, targets down 13 a half percent. 13. 5 . Out,ompany numbers coming missing estimates by a wide margin and the Company Announcing a change of strategy that is really caught investors off guard and says it is going to go more in the walmart direction and offer lower prices than it has in the past. Investors trying to get around that change in strateg ....
We will talk about that. New ceoill speak to the about raising sales, earnings, outlooks, why he is putting hockey in the penalty box. Lets turn to the markets. A number of factors that you need to be thinking about today. One of which is we have a decent bid on the yen. Around. 2 point. 2 of 1 . Policy is beginning to work in japan. You can see the yen up by. 2 of 1 . The dollar is fairly flat this morning ahead of payrolls friday. Yesterday briefly week session for equities. A leg lower this morning. Lets move on and talk about what else is going on out there this morning. Lets the bunds open so talk about what is happening. We see yields beginning to push a little bit higher. Backing off their earlier session high. There is the open, bunds initially on offer but beginning to firm now. Of where cashator equities are likely to go. We will talk throughout the program about this incredible spread that is emerging between what is happening with the german on market and the treasury bond ....
Business and middle east. Is 7 00 a. M. Here in triad. I am in dubai where it has turned 8 00. Look with a u. S. Markets. The s p, relatively unchanged despite corporate warnings. Earnings. The s p had a good week, the best since february. And the nasdaq down 0. 1 . We have a lot of investors treading water, and ahead of geopolitical risks taking place in the form of the french elections. Wti crude below 50 a barrel. A painful week for oil investors. Gold up. The u. S. Dollar index, treading water. Take a look at the euro stock volatility index. Its spiked 4. 2 . A little bit of nervousness in the markets. Looking back in terms of trends and patterns, a tough week for oil prices. It is going to mean a tough week for gulf stocks. Impactsreally see some on what has been happening. Individual numbers and how they performed. Stocks, 2. 6 . The Property Developer making a little bit of gain. Weakness in stocks like kingdom holdings ....
Changes in fed policy in the meantime. Or will they . The eternal question remains. Or not. Yes. Someone joining us says the feds next move, jim grant will join us. No big fan of the fed and its policy the last six years. Well get his take on the fed policy. His take is always controversial. Contrary. But its fun and very wise, too. We love talking to james grant. Thats coming up. After the bell, elon musk joins us for a special, rare interview. His spacex firm he founded in 2002 was just ranked the Number One Company on the cnbc top 50 disruptor list. Among the plans he has for spacex is to colonize mars. Well also hit on news involving other companies. Solar city and tesla. A lot happening there. Big moves in the shares today as well. Lets show you the markets, get you caught up. Not a wide range for the major averages. The dow range has been 90 points. We are up 39, just off highs of the session now at 16,820. The nasdaq is ....
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