The mounting costs of its emission scandal. The shares are jumping as the german car maker keeps its full year guidance. And the countdown is on to the third Republican Debate. Cnbc hosts the candidates as donald trump and ben carson solidify their lead. Busy week. A lot of earnings and the cnbc Republican Debate tonight. Lets check in on futures and what theyre telling us ahead of the market open. We have been down each and every day. The implied open is telling us well see a bit of recovery today. Were up some six points for the s p. Dow jones industrial is higher by 38. 5 points and nasdaq in advance of 16 points or so. Lets have a look at european markets. Also positive as you can see to the tune of about three quarter of a percent for most of continental europe. We have france just below that. Germany at 0. 7 of gains and ftse 100 at 0. 3 . Its partly a little bit of a bounce back from a soft start to the week and also Consumer Confidence data out earlier today. Apple beat the str
Performance in its mature markets. Crude prices recover ground. Russias finance minister tells cnbc the country must learn to live with the new reality on oil and sanctions. Were not optimistic concerning the sanctions. We dont anticipate theyll be lifted next year though of course we would want it to happen as soon as possible. Hi, guys, good morning. Im susan li. Coming up on the program watch and wait. The fed sounds a dovish town as risks are now tilting to the down side. Also jp morgan prepares to report the first major financial earnings of the quarter. And a bit of hollywood with you with leo dicaprio turning his sights on vw buying the rights to produce a film about the emissions scandal. Right, lets talk there we go. Beautiful picture that, isnt it . Its never too early. Its only 9 00 in the morning, wilf. But its probably 5 00 p. M. Somewhere. Abi and sab miller reached an agreement on the terms of a takeover. Theyll receive 44 Pounds Per Share representing a 50 premium to th
Hes confident in the success of ferraris ipo as it is about to be priced at 48 to 52 a share. Japan post shows the ipo at a top end of the price range in a listing that creates a combined value of 65 billion. All right. So here we go. Less than 7 but you know what, 6. 8, not bad. 6. 9 was better than 6. 8 forecast in the worlds second largest economy. The weakest read weve seen for chinese gdp in more than six years. You have to go back to the Global Financial crisis in 2009. However, a number of analysts and economists were forecasting 6. 8, will. Take the 6. 9 and to the good with the bad. People surprised with the positivity there. Overall, a series of down beat data has raised further support measures to prop up the economy. Weak than than expected growth and fixed Asset Investment came in below forecast. Retail sales, that was a bright spot rising slightly above expectations in september. Lets get out to uneunice. She joins us live from beijing. Reporter thanks so much. The 6. 9 i
As for stocks this morning, lets take a look at the futures. Youll see right now that it looks like the futures are indicated a bit lower. Of course this is coming after 7 days in a row of gains for the dow. Its the first time its strung together 7 days in a row of winning streaks for the entire year. The dow futures are down by 85 points. S p futures off by 10 and the nasdaq by 28. Imports and exports both down. In the baltic. Theres a Cocktail Party and theres one to drop the baltic index which peaked in july and hasnt been this low in awhile. Were all embracing it because it helps the emerging markets and takes pressure off of us in terms of leading the world. Somebody else plays along with us, there it is. So now growth concerns again. And fisher is going to be on at 6 30 and here we are again. Is it true theres never a good time to have a baby . Theres never a good time to raise Interest Rates ever. I think any time is a good time for a baby. Its never the perfect time so just do
Police say two suspects sped off in a car from the scene. Theyre still looking for them. Sacramentos deputy chief just released new details within the last ten minutes. Its a very unfortunate altercation between two groups of folks who were enjoying the night life in midtown sacramento. This incident is not related to terrorism in any way. And we do not believe in any way we know its not related to what occurred in france. Officers say alcohol likely played a role in the attack. Youll remember stone and his two childhood friends from the sacramento area were credited with taking down a suspected terrorist on that european train. Our own Jodi Hernandez is headed to sacramento. Shell have more on this developing story tonight at 5 00 and 6 00. Just in to our newsroom, a stunning move for a majority leader kevin mccarthy. He is withdrawing his candidacy for speaker of the house. This is mccarthy explaining his decision within the last hour or so. The Central Valley congressman told collea