Violence erupts in baltimore after the funeral of a man that died in police custody. His family calls for calm as a mayor imposes a curfew and calls in the National Guard. Welcome everyone. Good morning. Welcome to the smurf show. We digit plan this. We did meet last night. We did bump into each other. Did you buy anything good . I did. A lot of fruit and things like that. I am known for being the worst cook but im trying to cook. Thats the reason you saw me. I have seen some of the pictures. Ill have you at my place and well eat blueberries. Thats a great start to the show. All right. Well, there are a lot of stocks in focus on the move. So lets give you a look at the big movers and the european banks on the move after earnings. Commerce bank shares with their worst day in a year after announcing plans to raise 1. 4 billion euros. This despite First Quarter operating profit. More than doubling. Lets get out to annettea live with that story. Its not really one that the shares are so mu
Look at the other markets as well. Weve got the nasdaq, the russell, and dow transports for everybody to keep an eye on. The nasdaq having a great session, um 1. 25 . Good enough to puck it back at 5,043 for the level the. The russell, the small caps doing pretty well, up almost 1 or 11 points. The transports are lagging a bit, up half a percent. They have suffered this year, especially, coming back a lit there will. In the midst of all this real action, there was a seemingly phony bid for avon. Halted shares of the cosmetic maker. More on that story later. What a crazy story that was midday at the New York Stock Exchange. Lets get to our closing bell exchange, talk about this rally the Economic Data, and a lot of other things. Heather hughes from sun america funds joins us today. Jacob jordan from hd best Financial Services with us, jason tried from glen meade is out there and so is Rick Santelli. Rick, youve established that you believe the rising yields in the treasuryies is what yo
So far. And the weak economy, eurozones biggest bank post ago near 80 jump in nine months profit thanks to lower provisions. A bad call for erikson hitting Third Quarter profits. We speak to the ceo first here on cnbc on an extended edition of this show and that happens at 12 00 cet. Plus, manufacturing in china if a hitting a sevenmonth high. The country still on track for its slowest growth now seen in 23 years. He, everybody. Welcome. Yes, you are watching Worldwide Exchange here on cnbc. We have a lot to get through today. Theres a lot to talk about. First on the agenda, we have had the eurozone Business Growth easing for the month of october as by the looks of things demand has slowed substantially. Were looking at the eurozone pmi point to go 0. 1 to 0. 2 of Fourth Quarter growth. It fell to 51. 5 from septembers twoyear high of 52. 2. But what you need to take away from this 51. 5 print is that its way below the polls that have been out by reuters for an uptick to 52. 5. Were lo
Publicly listed listed mutual funds. They are whiting the investor , and we will take you to las vegas to show you the latest from the contributor Consumer Electronics show. Procedural vote, six republicans joined democrats to vote yes, and archie washington correspondent peter cook is with us. Even though the move over from was there,can side it is a long way from being a done deal. They did break ranks and joined with those democrats to move forward today in the u. S. Senate, and even before the vote happened, we had top Senate Leaders lamenting this. We had six republicans, some of them from some very high unemployment states deciding to for a the final tally further conversation and perhaps another vote later this week. This would extend the Unemployment Benefits for another three months retroactively. This would affect those who lost them at the end of the year. They say it is important to keep that money flowing, and the president hailed the vote and said he would sign it right a
Focus on is alvaro mayo. They are just now in the process of earning over there first offering for the u. S. In 10 years. It should be a lot of fun to drive. Plansave very ambitious for this brand. Some analysts have said that he will want out Phil Roe Mayo to be the fiat audi, meaning it will be attainable, but a luxury brand, likes volkswagen. Remember, it took volkswagen 15 or 20 years to achieve the kind of success it had been audi. Very expensive to do that kind of thing, it takes a lot of funding and it will take a lot of years. He is expected to say, today, also that he wants to get jeep to be an international brand, really start selling it more in china and that he wants to continue his plans to boost the sales of maserati. Those three brands are what we are expecting to hear him focus on, although he still needs to form an identity for chrysler and dodge, two brands that are left floating after the whale took over. A lot of moving parts here. Fiat has nine different car brands