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I do want to highlight a 10 year yield in the u. S. , the yield is lower by about one basis point. 60 to 70 basis points, and how much can we tolerate on higher upside when it comes to yields . The Democrat National convention will be focusing on joe bidens vision of the party. Last night focused on trumps performance in office including his handling of covid19. To everyone who supported other candidates in the primary, and to those who may have voted for donald trump in the last election, the failed federal government that watched new york get ambushed by their negligence and then watched new york suffer but all through it learned absolutely nothing. Itay, six months after began, the nation is still unprepared. Magic if we had a national strategy. So everyone has access to a safe vaccine. More than 150,000 people have died and our economy is in shambles because of a virus that this president downplayed for too long. That even ....
Number for the company. Quarterly sales were down 43 year on year. The stock is pretty much flat, though. The bad news now, just how bad would let actually be . Sales roseommerce about 74 . They still need people to come into the store to really make a lot of money. Their comp sales were up by over 10 , if you backout fuel. Clearly a lot of stocking up. Clearly good for walmart. Kohls suspended its Share Buyback program. That stock now off by about 1 in the premarket. Overall, no doubt we are obviously going to take a bit of a pause as we digest earnings and that monster rally. The question is whether the new was that or a bear market rally. Is that really being reflected in equities . We need the Economic Data to really match. Lets get to the news from overseas, as well as here in the u. S. We want to start with the walmart numbers and look ahead to fit your jay powell. Michae ....
Blue root th blue route this morning. No delays on the majors right now. Good news to report out on ruth 2 route 202. Now well end with mass transit. Septa has a 15 minute delay for thorndale train. Other than that, all on time with no delays. It was supposed to be a christmas weekend with family but instead the hall taye was filled with worry. A south jersey woman and her great granddaughter vanished on their way to a family celebration in North Carolina. Matt do lelucia has more. The last they heard from her, she said she was lost. Here are the photos of 71yearold barbara breely and 5yearold lamyra. They left on Christmas Eve on the way to visit family in North Carolina. Relatives told us that they last spoke to them at a gas station halfway through the trip but they havent heard from them sense and they never showed up ....
An hour ago a federal judge denied an emergency motion to stop the recount. Two conservative Political Action committees and a Wisconsin Voter have filed a lawsuit over the constitutionality of the recount. They also requested a temporary restraining order to stop the recount. While that emergency motion has been denied the judge did schedule a hearing for next friday. The chairman of the Milwaukee County board of supervisors confirms an audit will . Examine the company contracted to administer county jail and the house of . Correction. Supervisor Theo Lipscomb says the audit was prompted in part by four recent . Deaths inside the jail. In the past six months three people have died along with a stillborn baby. Investigators have not said if jail and medical staf ....
Quote, widespread employment gains, improved manufacturing, especially in autos and aerospace. Construction and real estate expanded and lending was steady or rising. Melissa, back to you. Melissa there you go. Very positive it seems like. Tom sullivan, what do you make of that . Well there is something that fundamentally, economics 101 is wrong with this and Federal Reserve is latest to do this they talk about the fact gasoline prices are down, therefore will boost spending. I go, where did the extra money come from . All it is im reallocating my money from gasoline to movie tickets. But i doesnt have extra money to put into the economist. They keep saying somehow people are spending more. Melissa they talk about widespread employment gains. A lot of upbeat language in there. I hear what youre saying. We had a pretty good fdp print. So which are moving on. Charlie has a scoop about uber. Goldman for uber. Why is it doing that . ....