Out war as the middle east is on the brink of abrupt into a wider conflict. China is sending in their own ships and we are sending missiles following increasing threats from iran. At home president ial hopeful north dakota governor doug burgum is here to talk about how the u. S. Should handle this and how he would if he makes it to the white house. Change is tough and mayor eric johnson knows it. We will be talking to longtime democrat who recently declared himself a republican, how hes battling outrage over his decision and whether his state struggles with an open border led to his decision to make the change. Welcome to the show on this very busy monday i am david asman and for neil cavuto. Glad you could join us. We start with the all little markets as we kick off this trading week. The tenyear treasury surging past 5 briefly a level not seen since 2007, lets dig into what all this means for wall street and mostly for you, joy to be bullseye ingenuity funds adam johnson. I have to s
Opec production report. Our road map begins with the snow coming down. States of emergency declared in new york, new jersey, pennsylvania, connecticut. Well take you live to the worst of the storm. Bill ackma th sells out of valeant, a 4 million loss. The Congressional Budget Office out with its assessment of the Republican Health care plan, saying millions will lose coverage. Well dig in on the report. First up, states of emergency declared in several states as the winter storm hammers the northeast. Already a foot of snow in parts of the region. More than 8,000 flights have been cancelled this week due to the storm impacting more than 400,000 passengers. Jim, were going to see what the impact is on the airlines. I think right now, i saw a map a few moments ago, there are only eight inbound flights to new york on the entire globe. Yeah. Look, i know we had a good report this morning, talking about whether there was how badly the quarters will be. You know, im very concerned. This grou
Schlapp will put it in perspective for us. Plus, the epipen story taking another twist, the ceo announcing now the epipen will come in a generic form. Yeah, it will still cost 300. Well, the woman described as the Erin Brockovich of Food Allergies, robin to bryan, will join us exclusively to talk about that. And zikainfested mosquitoes taking aim at america. Now the race is on to find a vaccine. Well be talking with a ceo of one company on the front lines of that battle. We are less than an hour to the closing bell. Im Ashley Webster in for liz claman, lets begin the countdown. Ashley well, as the markets rebound today following last weeks selloff, gold making its own comeback after suffering its largest weekly decline since mid july. Some of big gold mining names getting a nice big boost, including new gold and gold corp. As you can see, new gold up 4 , almost 4. 5 . And as gold shines, shares of caesars entertainment, well, not shining, thats for sure, plummeting. Down 16 after a u.
Will it or wont it come with a headphone jack . Fascinating buildup to the open. Gold surged, the dollar plunge, and futures market in the green for a moment. The probability of a rate hike now pushed back as low as 24 . Rookie forward to see how the session develops. Big moves in japan. The back end of the curve we have seen the yield dropping. The curve is flattening out again in japan. The yen is also getting stronger. This largely depends on what is happening, but the move is significant. Yesterday, we saw a really solid auction. If the market is still interested in longduration japan. Lets get everyone caught up with what we need to know. Er german Industrial Production fell the most in two years in july as manufacturing suffers him subdued mobile trade. That missed analyst estimates of a. 1 rise. It is the latest data released since the u. K. Vote has weakened. The u. K. Chancellor when the senior bankers in london later to set up the government plans to support the economy and s
Later, its a secret sign that energy may have found a floor and had one trader placing a very big bet. Well tell what you that is and well start off with the big moves in tech. Cisco surging and tesla misses but the stock is soaring on an upbeat outlook and amazon announcing a 5 billion buyback. Do these then to buy back the standout performance we saw in todays session in technology . Is it time more importantly to put the tech trade back on . Guy. When you talk about the tech trade, thats a pretty wide swath but in terms of cisco specifically it might be time to take a serious look at cisco. You dont have the Revenue Growth you need to v. Probably up 2. 5 , 3 and youre talking about a company thats traded seven times forward earnings, great Balance Sheet as shown by an acquisition added to a buyback. Started to make a transition are, and pete can speak to the transition microsoft did. At least they are attempting to move away from legacy businesses into businesses to make more sense