This as hamas releases video of one of the nearly 200 hostages, many of them believed to be held somewhere in miles of under ground tunnels. Top National Security official john kirby join us again this morning. Down to the wire. Hardline republican jim jordan still racing to lock in enough votes with the house set to vote on speaker. Gag order. Former President Trump prevented from disparraging the prosecutors or witnesses in his case. No end in sight. What fords executive chair is saying about the autoworkers strike now and how the uaw is responding. Mom influencer ruby franke charged with child abuse as newly obtained body camera Footage Shows Police swarming their home while her husband fights for custody of their kids. Why people are turning to telemedicine to get drugs used for weight loss and can you get them cheaper . Big Holiday Savings with the best day to fly to make it to christmas dinner on a budget and the Major Airline busting the trend when it comes to loyalty perks. You
Us. Charles schwab reporting the stock is on pace for its biggest gains since july. The ceo is moments away. Later on, well get reaction to what we learned so far from the banks and what to expect as this week gets started. First, take a look at the markets. Stocks are in the green as we kick off a busy week of earnings. Oil kind of muted right now. Todays move higher coming as we prepare for whats historically been a bullish period for the market. Lets bring in cnbc senior markets commentator mike santoli. You think seasonality is playing a role . Its definitely in backdrop. This is about when it kicks in, midoctober. Its the start of the year with tailwinds. Also friday, you had this kind of buildup of anxiety in this nonspecific way. The volatility index ended at like 19. 5, even though we had a halfpercent decline in the s p. Obviously a lot of the geopolitical issues are on peoples minds as well as, you know, i think just in general, you know, whats going to happen with this insta
It slashed its Sales Forecast for its Covid Vaccine and therapies late on friday. Shares not going to be down ahead of the open. Watching apple. Reports of disappointing iphone sales in china. Lets begin with the new week for the market. Its going to have something for everybody. Were going to be on the lookout for geopolitical headlines. Earnings season will heat up. The fed speak calendar, sara, is insane. Its heavy. Theres a lot of them. Whats interesting is that fed speak has moved from hawkish to dovish now for the markets because increasingly, youve got a number of these fed speakers saying, were okay waiting and seeing the impact of our higher rates. Theyre not expressing any kind of alarm or panic over the fact that Inflation Numbers have come a little bit firmer. Cpi last week was firmer. Expectations in the university of Michigan Sentiment number on friday were a little bit firmer, and the data overall has continued to not point to recession, but it does feel like the groupth
And bitcoin above 30,000 as the sec may allow a spot in bitcoin etf that conveniently would expand its own authority. Is it the right move in a former cftc commissioner weighs. Charles schwab leading the s p after its earnings and well preview more results and get the trade from goldman and b of a and thats coming up with Earnings Exchange. Lets get a quick check on the markets where stocks are higher across the board although the dow is 100 points below the session highs and very similar for the s p, up 46 or so to 4373 and the nasdaq a similar move. The tenyear yield back up to 7 and its interesting to see that not exert more pressure and 471. 6 and the 30year nearing the 4. 9 level witness again. So is this good mood in stocks a positive sign into year end or is it all just a head fake. Joining me to make sense of things is Hennessy Funds chief Market Strategist and its good to have you on set. Welcome. Thank you. A nice rally day for you to be here, as well. You have to be generall
On the ev front, including the chinese ev maker thats making its debut right here at the nyse, and new data shows tesla is losing market share in china. Plus, apple apologizes for its controversial new ipad ad, saying, we missed the mark. Lets begin with the markets. We mentioned the s p, jim, trying to make some alltime highs. Was that 5 pullback it got digested it got digested, and then the money didnt go back to tech it might happen today because taiwan semi had its monthly report and it was really strong. The rally broadened to all sorts of crazy names, and some people would say it had to falter because in the end, we got an upgrade of none other than 3m. Ill take that. This is losers win day warner bros. Discovery, bumble today is like forgiveness day, but the warner brothers, just right up davids alley i put you right in porterhouse and youre having the characteristic crystal with that one there was an upgrade of roblox that was from sell to hold. Moffett nathanson, one of the be