Lowe's (LOW) says it missed earnings expectations because it paid down a lot of debt. Stock of the home improvement retailer is down sharply in the pre-market. Sales at Lowe's also missed expectations. 3 more people have been arrested in Manchester, England related to the bombing at a Ariana Grande concert Monday night. British Prime Minister Theresa May says another attack could be imminent but gave no indication of the intelligence that led her to say that. Meanwhile, President Donald Trump met with Pope Francis at the Vatican in a trip that has taken the president to the homes of the World's main Abrahamic religions-Islam, Judaism and Christianity. A potential liquor merger is in the works. Constellation Brands (STZ) has reportedly made an offer to buy Brown-Forman (BF.B) Constellation brands owns Corona beer and Svedka Vodka. Brown-Forman owns Jack Daniels brand.
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Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.