. >> kohl's, macy's fell. the s&p dropped.re short of the forecast. $4.99 a share, the company's new ceo is working at stores with competition with amazon and on line retailers. >>> a student beating homelessness is going to college. >>> oh, my god, like amazing. >> how a community is rallying around him to full hill his dream. >>> chief meteorologist bill has what to expect mother's day. ♪ ♪ ♪ ♪ ♪ ♪ to take advantage of this offer on a volvo s90, visit your local dealer. >>> a high school is rallying behind a student. >> he comes from a broken family and struggled with homelessness. he is accepted into his dream college. what a wonderful story. >> reporter: it is. this young man spent most of his life in and out of the foster system. he is making his dream a reality. not many people thought he would. here at leadership public school, plans for one student has hasn't been easy. >> it is easy to give up. >> put in coster care because of an abusive father and mother addicted to drugs only to become homeless. >> there is where i

s&p 500. macy's down 14% on the day. kohls down more than 5%.y down 8%, on pace for its worst day since may of 2016. on the weakness of those, macy's and kohl's, both of those department stores, they missed same-store sales comps for the first quarter, put up very ugly quarters, especially in the case of macy's. a bloomberg intelligence analyst, she has an interesting take. when asked whether this was the demise of the retail store, she says it's more the evolution, similar to the travel tied two deck ads ago, so basically a shifting. macy's, she does not see a light at the end of the tunnel, but she said she was a little bit surprised by kohl's. it was actually a little bit better than what she was looking for. jcpenney trading down in chicago. look at lululemon, one bright spot, as they say that private equity firms are eyeing lululemon to buy. there's some speculation on this, of course, just a few days ago, there was some chatter of $70 a share, significantly above where it is now. one bright spot in retail. let's take a look at that hifting

macy's was the biggest loser on the s&p, but it was just one of a number of retailers that reported lower sales including kohl'ss, and nordstrom's, and this happens as more people are shopping online. >>> the labor department reports that claims for jobs fell by 2,000. analysts say it reflects the strength of the job market. last week the government reported the unemployment rate fell to 4.4% last month, its lowest level since 2007. >>> america's largest wireless carrier verizon will pay about $13.1 billion to buy straight path communications. they own various wireless services. they can be used for super fast, next generation and broadband services. >> back by popular demand, mac & cheese cheetos are returning. they're made of mac & cheese in cheetos-shaped sticks that are deep-fried. last summer they were constantly sold out. this is coming may 18th. anne-marie. >> i feel like it's a color we've never seen in nature. >> cheetos orange. >> only in america. >>> still ahead, military hardware comes out of retirement for a new fight. >> reporter: i'm chris martinez in sacramento, california, where aircraft once u

the dow jones down slightly and macy's, kohl's and the retailers falling sharply after the disappointing quarterly reports and snapchat reported a big loss . the sp down by five points and nasdaq down by 14. >>> thank you for making ktvu your choice for news and we are always here for you on twitter, facebook and ktvu.com. ,,>> he said to me i can't believe i'm 40. because he used to say i'm not going to live long. dr. oz: paul walker's mother and brother remember a life cut short. >> paul was kind of like a super human on the me. dr. oz: paul's last phone call. >> was really eerie. dr. oz: then battle bloat, constipation and gasiness. oming up next. we'll save lives today. you guys ready to get healthy? [applause]

kohl's all disappointing. we have the mall owners that are down today. the real estate investment trusts. the ste index is the worst performing other groups in the s&p 500. all tradingty, gdp, lower. on the concern that the troubles and retail really are centered on the mall and these department stores, particularly like macy's that in traditional anchors of the malls. then there are companies that sell products in the likes of macy's and kohl's and dillards. the manufacturers. ralph lauren trading lower today and michael kors trading lower as well. one of the things we been tracking is the so-called non-store retailers as a percentage of overall retail sales. online retail. you can see if you go back to 1992, a huge gain and very consistent steady gains we have seen for online retailers as a percentage overall. what is remarkable is how low that percentage remains. keep in mind overall retail includes things like cars, big-ticket purchases. we're looking at 10.7% of all retail sales made online. that tells you not only what the course has been, but still at the low level potentially how much m

kohl's can make that investment or j.c. penny. not only do you have to buy the thing, then you have to s subsidize it for years and staff it correctly in the process, there's a moment in every poker game where one player has so many of the chips that it almost doesn't matter what the others do. they can win one, lose one. but it feels like we may not be there on e commerce. but it feels like we're really close. >> the s&p 500 now up .9. that's good for a gain of 21 points. nasdaq is up. we are seeing nices, strong g n gains in the financials up by 1.4% as well as the industrials. those are up about 1.5% at this hour. interestingly on a week we are seeing not too much damage in the end, the bond market is still seeing nice gains. the tlt, the etf that trags the longer yeld, it's up 1.5% on the week. is that a sign of caution is this even though the equity name, the equity markets seem to be covering? >> yeah, it is somebody swha of a sign of caution and so, you know, we have to keep this in perspective, that here we are, again flying high and everybody stopped worrying and to the extent that wall mat is mart is 'tractive, it's an eno

kohl's as well down 9%. that, there are significant declined to talk about in terms of index point. that is the biggest decline in the s specifically. we had wells fargo pullback after they tweet some of the some of theiraked targets. general electric is falling today. 4.6%puts the down tally of and berkshire hathaway. the bright spot of the week has been mostly technology. the nasdaq is continuing to make consistent records thus far this week. even though it is only up about .25 percent this week. apple is trading at a record as well. is moving up 22% and amazon is also continuing to strengthen. as we see the strengthen and technology, we have been talking about evaluations with tech stocks. looking at evaluations in the s&p 500 and comparing it to the tech bubble. that is when we saw a huge run-up in the tech about relations -- tech devalue asia valuations. on the historical bases they are on above the average, but, nonetheless, not as lofty as they were back then. even as we see apple and other large capital peers at records as well. thank you for bringing us up-to-date. andn: up next, roger stone what he has to say

kohl's, every one of these compani companies yields a dividend of 5%. very rise son just reported, they lost 300,000 customers, if att reported before very rise s verizon.-mobile which picked up an astounding 1.1 million customer force the quarter when everybody else was losing, i have felt good babout the dividends from att, this was the first quarter that you realized that att really needed to buy time-warner, because it's growth is not just elusive, it's nonexistent. and verizon ought to buy aol. att stock is down a little more than 8% for the year, but it's still 3% off it's lows. i think those 3 points could be surrendered. verizon is down 3% for the year, it's tempting at this level, but the comments coming out lately about merging with pretty much all comers smacks of desperation today. dividend stocks are supposed to be safe. these don't feel that way now. when i spoke to mark ford last week, i think that ford is going to generate a ton of cash for the rest of the year, there's just one problem though, ford isn't forecasting an up year, something that's pretty much confirmed by last week's auto numbers that were announced this morning. who in th

s&p down 4.75%. right now, no records for the major averages today. >> few points below the levels. >> department store stocks lower, macy's, kohl's sinking on reportsings. >> nordstrom's taking a hit, down -- look at that, 7.5%, reporting earnings after the bell today. more on if the dip is a buying opportunity for the department stores, bringing in liz, and david, bullish. interesting to hear a bull case for the department stores, asking earlier, i guess, them bought is one, but it's a near term play, isn't it? what are other reasons there are value in the spaces right now? >> well, i think the opportunity is, look at walmart and what they did with investing and buying platforms online. the one thing good of department stores with cash, there's opportunities out there. i was at a board meeting today when i heard from you guys, a company called frame bridge. they do online custom framing. i mean, it's a great way to connect with customers. there's a lot of companies out there that can leverage that connection. i mean, the thing of facebook and google, all of those guys bought a loft of the research and development, there's an opportunity system in

s&p 50000 are lower but only slightly. the nasdaq is in positive territory by only positive. the retail continuing, kohl's, macy's gap they're down too. >> one of the big questions this week in the wake of the fire storm in the firing of director jaime comey is well this and the other strikes in washington derail the president's agenda. and let's bring in brian stayly. claire hartley, cnbc ron joins us. ron i'll start off with you, why does the market barely sneeze when all this is going on? >> i'm not sure. the vix below ten, lowest level sin 1993. whether you go back to the lauder gate crises and look at the behavior of the stock market from january '74 until january '74 after nixon resigned in that year. embargo you had eninflation and weakening of the dollar. i think the mark is to come place sent about what might ultimately i know up being a constitutional crisis in the united states. >> i'm weary of comparing this to the water gate. >> i would argue if it's true it's worse. >> what is true? >> if members of the trump team concluded with our principal advair. trying -- >> five investigations of six m