Qualcomm up 8. 5 on a better earning quarter. Down 26 . No improvements throughout the session. Whoalked to the ceo earlier seems to not be worried but analysts on the street are calling out the unit. Airbnb, google not placing it as high in the search results and saying there is a lot of uncertainty ahead for expedia. Year is up by30 nine basis points right now. Were seeing a similar move over in the United States as these are substantial moves in the back end of the bond market. We are also getting several moves of the 10 year. The 30 year, absolutely i watering. As you can see, a nine basis points selloff here in europe in germany. The pound has been under pressure as well, two members of the governing council in the United Kingdom voting for a rate cut. Trading higher. We await news from the white house, confirmation possibly that we do have the potential for a rollback of tariffs if we do get this deal done. Nothing yet. Lets talk about what has been happening in the u k. Governor
Rally straight ahead and buying homes with bitcoin. Sound crazy to you its actually happening in some major Real Estate Markets. Well tell you how it works and the potential pitfalls right now on power lunch. As tyler said, new record highs. We are now on dow 23,000 watch we were about 55 minutes away from it earlier, but weve backed off just a bit. Here is something random but interesting. The major averages have gone up in both september and october in only five of the last 20 years most recently, four years ago. And were on track do that this year what is moving right now etf tracking tech is on the move netflix hitting new alltime highs ahead of its earnings later on today, but nordstrom following 6 more on that in a few minutes. President trump having lunch right now with Vice President mike pence and the Senate Majority leader Mitch Mcconnell. Earlier he had a cab kninet meeting, comments he made sending stocks down a bit especially Health Care Companies as he lambasted Drug Comp
Well see. I think people were talking about that at the time. Yes. Well do aldi versus walmart. And trade secretary mnuchin in italy to find a way of trillions of dollars in foreign earnings to be brought back to the United States. We have it live from the g7 summit. We begin with macys crushed on weaker than expected earnings. Courtney reagan with more. Once again, courtney, retail in a reluctant spotlight today. I know, isnt that the truth. Theres no signs of a turnaround for Department Stores today. Almost across the board, macys shares down 115 . The disappointing results were in line with the expectations. On the call, the cfo said she only expected the First Quarter to be the weakest. Despite its ninth straight quarter of misses, she is reiterating the full year forecast. She acknowledges the challenges, but financials will improve the rest of the year because the benefits of store closures. The full roll yacht of new shoe and fine jewelry category, and new marketing coming targe