slowly, but surely, i think slowly but surely will continue to do the same thing in the fourth quarter. maybe a boring fourth-quarter, but i think a slight upturn. liz: wait a minute. bobby went corporate. i cannot believe this new look. not exactly. liz: there is a ponytail in the back. let s get to the cme. he has really looked very much the same over the past several years. he focuses on what he does best which is the cme trading pits. we had a very nice september. it does. when the fed pulled out all the plugs and you get the ecb to pull them out, where are you going? if you want to fight that money pit, you are on your own. they can throw all the bad news out at you. we will go right into the christmas season on relatively good suiting. it is the last hour of trading today and anything can happen. it will be money moving all over the board. you can have that end of the month quarter. borrowing that, i would say deep rates should be taught. liz: i agree with you. you
was there any foul play? david: the commission of the commodities futures going to tell us why he is actually worried about chita traders. and former chairman of the security and exchange commission will sound off on whether the sec is actually losing its focus. he calls it a dysfunctional agency. is it safe guarding capitalism but becoming too political? cheryl: first we re going to tell you what drove th the markt today in the daily download. the moves were not too dramatic crossing the unchanged line more than 65 times. investors weighing better than expected data, the housing sentiment against a disappointing outlook from federal express. consumer staples and health care as the best reformers. ending lower again the second day in a row ahead of tomorrow s inventory report. falling 1.4% settle at $94.25 per barrel, the lowest in more than two weeks. as i mentioned, home builders, the sentiment, confidence rising to the highest level in more than six years. national associa
to do so. he s going to tell us why coming up. david: but first, we re going to tell you what drove the markets with today s data download. stocks ending the session in the red. it was a volatile day that saw the dow cross the unchanged line 49 different times. technology and financials were the worst performing sectors, telecom was the only sector that did manage to end higher. crude is up today in the choppy trading as new action from the federal reserve outweigh pressure from weak chinese data. oil rose 12 cents to setting at $96.54 a barrel, but it did trade below that after hours. and consumer credit declined in july for the first time in 11 months as americans turned to their credit cards less and growth in student loans cooled a bit too. consumer credit fell at an annual rate of 1.5% to $2.71 trillion. liz: we have got john brady in the pits of the cme, also charlie cautiously bullish on the market, but investors should be in all stocks right now because, he says, that
20% below what they are trading at now couple months ago. huge gains in a short period of time. we have a busy hour covering all these market jumps today and the money managers to tell you what it means for your investments. liz: is returned to the gold standard a real option? the author of true gold standards will join us and why the idea is going mainstream. dave: we will tell you what drove the markets. stocks surged as european central bank announced a new bond buying program and signs of improvement in our u.s. labor market. the s&p jumping to the highest level in four years and the dow closing since december of 2007. of all ten s and p sectors ended higher and some much higher led by materials. bonds taking a hit as stocks go up and bond go down as investors jumped into equities and the treasury yield rising eight basis points and the volatility index we talked about yesterday tumbling today. the fear index falling 11%. this is the biggest one day decline for the vix si
it happened on 19th and 20th. lorraine joins us with details, good morning lorraine. reporter: good morning, i just spoke with the public information officer and he told me three officers were transported to the hospital and all of those officers have non- life threatening injuries. take a look behind me, you can see a car out there and they just pulled it off the pole what we can tell you, we can see several firefighters pulling out from that wrecked car and at last checked, those three officers are conscious and talking right now. officers were responded to a man with a knife call a couple of blocks away but again those three officers that were in that vehicle are not sure what happened that led to that crash but they are conscious and talking and right now investigators are trying to figure out what led to the crash here. lorraine blanco ktvu channel 2 news. police and firefighters are on the scene of an early morning explosion. it happened at a home in ohio and 38th.