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But then Trump repeated his initial remarks in an off-the-cuff press conference Tuesday that was supposed to be about the very business of business — his infrastructure plans. Trump's advisers were visibly shocked and so was the business community.

business CEO comments conference forum member panel Schwarzman Trump Tuesday

 

Target – The retailer reported adjusted quarterly profit of $1.23 per share, four cents a share above estimates. Target also beat forecasts on the top line, in its second quarter comparable sales, and in its third-quarter and full-year outlook.

announced Apple BHP cents estimates forecast quarterly reported sale year

 

Talks that could set the tone for every other trade deal during the Trump administration start Wednesday, when Mexican and Canadian officials sit down in Washington to discuss the 23-year-old North American Free Trade Agreement that President Donald Trump had one time vowed to tear up.

At the crux of the talks, initiated by the U.S., is Trump's concern that the U.S. has not been fairly treated under NAFTA, and China has been able to use the agreement as a backdoor to slip its goods into North America.

Agreement Canada countries Mexican Mexico NAFTA negotiations trade Trump Trump administration

 

The big deal for markets Wednesday could be the minutes from the Fed's last meeting, if they include any fresh insights on inflation.

The minutes, released at 2 p.m., could provide some insight into the view on the Federal Open Market Committee.

Fed inflation insight July market minutes officials rate report Retail

 

After-hours buzz: A, URBN, LB & more [0.39]

Posted on Aug. 15, 2017, 10:45 p.m. by Market Insider @ [source]

Shares of Agilent Technologies shot up more than 4 percent in extended trading after reporting its third-quarter fiscal year 2017 results after the bell.

Shares of Urban Outfitters skyrocketed more than 20 percent in after-hours trading.

after earnings extended hours quarter report results second shares trading

 

July's surprisingly strong retail sales relieved some of the fears that the real cause of sluggish inflation this year is a weakness in the U.S. consumer.

The 0.6 percent jump in July retail sales was the best in seven months and is expected to bump economists' GDP targets for the third quarter.

consumer data GDP inflation July market retail sales sales strong weakness

 

Early movers: HD, COH, DKS, AAP, SNAP, P & more [0.08]

Posted on Aug. 15, 2017, 11:55 a.m. by Market Insider @ [source]

Home Depot – The home improvement retailer earned $2.25 per share for the second quarter, three cents a share above estimates. Home Depot also raised its full-year earnings and revenue forecast.

cent CEO comparable store estimate forecast maker retailer Revenue stock store sales

 

Stocks could be entering a longer period of volatility, with concerns about North Korea's nuclear threat accelerating some selling pressure that analysts had been expecting to see anyway. Normally, the stocks of companies that beat rise a few percent.

central bank earnings Fed market meeting Moore report stock Suzuki year

 

The already skeptical markets now give the Federal Reserve just a 1-in-3 chance of hiking interest rates in December, after a fifth weak monthly reading of consumer inflation. The markets expect just one rate hike for next year.

bond core CPI Fed hike inflation interest market raise rate

 

We don't think this is a bear market.

Stovall said he does not expect a bear market to develop.

bear chief correction investors market selling selloff Stovall strategist yield

 

After-hours buzz: SNAP, NVDA, JWN, & more [0.24]

Posted on Aug. 10, 2017, 9:27 p.m. by Market Insider @ [source]

Snap shares plummeted more than 13 percent in extended trading after the social media company reported earnings and revenue misses, as well as a miss on analyst expectations for global daily active users.

Shares of Nvidia declined more than 5 percent after hours despite posting beats on both the top and bottom lines and having strong guidance for its current quarter.

beats earnings expectations extended hours quarter reported Revenue shares trading

 

Consumer prices likely rose just slightly in July, continuing a sluggish, and befuddling trend that puts the Federal Reserve's ability to raise interest rates in doubt.

The latest print of the consumer price index comes Friday at 8:30 a.m.

consumer CPI data Fed hike inflation interest rate markets Thursday year

 

Earnings from department stores, producer inflation data and Fed speak will all compete for market attention Thursday, as investors continue to monitor tensions over North Korea's nuclear program.

The producer price index and jobless claims are at 8:30 a.m.

area Fed inflation lack market report September Sohn stocks Thursday

 

After-hours buzz:ELF, LYV, PLNT & more [0.21]

Posted on Aug. 9, 2017, 9:25 p.m. by Market Insider @ [source]

Shares of e.l.f.

Live Nation shares rose 6 percent in extended trading after the entertainment company beat Wall Street views on earnings and revenue for their second quarter.

beat cents earnings extended hours quarter Revenue shares Thomson trading

 

The escalating war of words between the U.S. and North Korea is nerve-wracking, but other events like a possible debt-ceiling crisis and a hawkish Federal Reserve could create a bigger reaction in financial markets.

More than a few strategists have been warning of a stock market pullback in late summer or early fall, but equities have been resilient, with volatility low and complacency at a high.

Christopher Congress expectation Fed inflation investors market North Korea rate hike stock

 

Microsoft – Hedge fund ValueAct sold seven million Microsoft shares, according to a Securities and Exchange Commision filing. ValueAct had bought Microsoft in 2013 below $30 and pushed for changes.

beat cent earned estimate forecast profit cents quarter quarterly profit Revenue share

 

Stocks could easily get caught in another updraft Wednesday, even after the Dow broke its feverish 10-day winning streak.

Market focus could also be on some companies that fell after Tuesday's closing bell.

bell data Disney Dow earnings fell higher market Tuesday Wednesday

 

Stocks could continue to drift deeper into record territory Tuesday, as investors watch earnings news and await the big inflation data at the end of the week.

Traders have been watching high-flying tech stocks since they ran into some turbulence in recent sessions.

data Dow earnings Fed inflation market raise rate report stock

 

The second quarter earnings period has been a dud for small caps, and that could be a warning for large cap names, which have seen a surprisingly strong quarter with profit growth near 12 percent.

According to Thomson Reuters, the profit growth for the large cap S&P 500 for the second quarter is near 12 percent, when including those companies that reported along with estimated results.

cap companies DeSanctis earnings expect growth profit quarter Russell small cap

 

The economists forecast the strong labor market should put the Federal Reserve on track to raise interest rates once a quarter, even if inflation remains below the Fed's 2 percent target. The markets have doubted the Fed will be able to raise rates because of the lack of inflation, but Goldman economists disagree.

Economists forecast growth inflation Labor market quarter rate unemployment wage