Consumers getting more cautious. Instacart is getting ready to make its debut, pricing at 30, implies under 10 billion valuation. Indications for the first trade above 39. Well bring you that first trade as it happens. Topping the tape, market is in wait and see mode ahead of the Federal Reserve meeting tomorrow s p is selling off down 0. 6 of 1 investors widely expect there to be no change about Interest Rates but the message about the path forward will be key lets bring in cnbc senior markets commentator, mike santoli. What is expected in terms of the tone and the outlook for rate . Tone will be to maximize flexibility and react to data as it happens thats the mode they want to stay in. I dont think theyll necessarily try to put 100 chance of a november hike on the table, but have you to be open to it and respond to the numbers. I think that the market movements, the yield move on the long end as well as whats happening with fuel prices, it complicates the story, but i dont think in
Points s p turned negative. Down by lows to 3 points the nasdaq down by 72 points this morning a mixed bag again dow futures indicated up by 43 points s p down by 3 points the nasdaq down by 27. Overnight in asia, the nikkei ended down by 0. 3 the hang seng down by 1 shanghai down by 0. 20 in european trading, ret arroir across the board, though the ftse is at the flat line lets check out currencies yesterday cruel oil prices were down 1. 5 . This morning the dollar is up against the euro at 1. 1862 dollar yen at 112. 45 Republican Leaders in the house and senate are racing to merge the tax plans and send the bill to President Trump before the end of the year. A Conference Committee plans to reconcile the two pieces of legislation starting this week among the differences the house has four individual rates, the senate seven the house cuts the corporate rate to 20 right away the senate waits until 2019. The senate repeals the individual mandate while the house doesnt. Another point of p
Candidates tonight in las vegas. Morgan stanley wabeating the street. Well look at the state of financials. And this leaked salesforce document shows acquisitions the company considered targettarget. Are more big buys on the horizon . First up, Hillary Clinton and donald trump square off in their final president ial debate tonight. Clinton does lead most polls with 20 days to election day. Bloomberg has her up nine ahead with men for the first time, that poll was tied in september. Jim, the market hasnt adjusted as much as some of these polls have. No, and i think that one of the combinations here is labor, bank stocks have done well. Has reaction been great . Theyve been okay. But if the if Bernie Sanders gets elevated to go to the senate, goes democratic a lot of talk about Budget Committee what that would mean. Yes. And Elizabeth Warren becomes more of a force than she already is, then i think a lot of these banks are going to be back in this, well, lets relook at what happened at w
Ago is into its third day. This time the enemy is not saddam hussein, but the Islamic State group in their last major stronghold, muscle. Mosul. Theyve artie taken a series of villages on the road into the city. Successful. N very the enemy is pulling back but small groupving a behind composed of three or four persons. The iraq he army is attacking from the area in the south and ist Kurdish Peshmerga attacking from the north. The jihadists are only a few thousand, but they are well done again and their tactics are dangerous, as this general explained to france 24. They put these bombs everywhere, in the houses, on example onend for of the villages was 11 houses connected to each other by tunnels. Special forces and paratroopers from a westernbased Coalition Including the u. S. , the u. K. , and france, or providing support , such as bypassing on coordinates of jihadists positions. When they reach the city itself, the current plan is for only iraqi for special units to enter and conduct
Ago is into its third day. This time the enemy is not saddam hussein, but the Islamic State group in their last major stronghold, muscle. Mosul. Theyve artie taken a series of villages on the road into the city. Successful. N very the enemy is pulling back but small groupving a behind composed of three or four persons. The iraq he army is attacking from the area in the south and ist Kurdish Peshmerga attacking from the north. The jihadists are only a few thousand, but they are well done again and their tactics are dangerous, as this general explained to france 24. They put these bombs everywhere, in the houses, on example onend for of the villages was 11 houses connected to each other by tunnels. Special forces and paratroopers from a westernbased Coalition Including the u. S. , the u. K. , and france, or providing support , such as bypassing on coordinates of jihadists positions. When they reach the city itself, the current plan is for only iraqi for special units to enter and conduct