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Aug. 1 (Bloomberg) -- Bloomberg's Scarlet Fu, Adam Johnson and Tom Keene highlight the news you need to follow for today's trading on Bloomberg Television's "Bloomberg Surveillance."

Macy's Surprises Street With Earnings Beat
34:24 - Retail received a boost from better than expected fourth-quarter results from Wall-Mart Stores Inc., Home Depot Inc., and Macy's Inc. Bloomberg's Matthew Townsend and Ellen Zentner, chief U.S. economist at Morgan Stanley, examine how an upswing in earnings for retailers may be negatively impacted by a border adjustment tax. They speak on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
  • Morgan Stanley's Zentner Sees a Struggle for Core PCE
  • Morgan Stanley's Zentner Says Fed Will Hike in September
  • Wal-Mart Tops Estimates on Double-Digit Online Growth