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For u. S. Steel teslas awful august rolls on and the casino stocks crapping out, after a monster heater. Im melissa lee, this is fast money, live from the Nasdaq Market site. And we start off with a surprising reaction to a pretty disappointing earnings report. Shares of target rising nearly 9 immediately after posting q2 results. The stock closing off those highs, but still up nearly 3 on the day. The move despite some big negatives in the numbers the company reporting its biggest revenue drop in seven years. First samestore sales decline in six it slashed fullyear revenue and profit guidance. Still, even with todays gains, target is far underperforming its retail peers, down over 13 versus double digit gains for the likes of walmart, which reports tomorrow morning so, does targets warning raise a red flag for the entire consumer space or is this a targeted issue karen, what did you make of these numbers . I was surprised at the r ....
Sticky once again. Even though the temperatures are in the 80s it will feel like the 90s. Lets take a look at satellite and radar. The one thing i think you notice pretty quickly is what is now Tropical Storm maria still sitting and spinning off the coastline. We are starting today with a fair amount of clouds spining into south jersey. The rest of the day will be part to mostly sunny skies. Weve got a pretty good one for you. The temperatures are on the warm side already. 68 degrees this morning in reading, 69 in lancaster. Look at the city, 72 degrees in philadelphia, so temperatures are almost at or usual high for this date. Here it is 4 30 in the morning. 73 in millville and cape may. So, it is warm, it is muggy out there. Heres the day ahead. A high of 88. Well have a mix of clouds and sunshine early on at 7 00 a. M. , 72. Youll be in the low 80s at lunchtime with a good amount of sunshine. At 3 oclock, 86 and the afternoon w ....