And your money sound advice. Aa hard to believe, tyler, all over the next two hours. All of them are going to be here and more. Welcome everybody. Im tyler mathisen. Earnings a big driver for the markets this hour. We are in the heart of earnings season. And heres your stat of the day of the more than 200 s p 500 Companies Posted results so far this season, 72 of them have beaten on the bottom line. And this hour we will shine the spotlight on the mother ship, comcast, the owner of cnbc. Well also talk about coke and t tmobile. Thank you, tyler. Im Michelle Carusocabrera coming to you live from the Wells Fargo Center in philadelphia. Len Lenny Kravitz has just gotten off the stage. Donald trump drawn away from the dnc, said in a News Conference today that he said he hopes russia finds Hillary Clintons missing emails. Were going to get the Clinton Campaign reaction minutes from now. And set the stage for a big night here in the city of brotherly love. If not for donald trump, wed probab
Saw wire going to have the trump rally. Within what time frame . I think in the next couple of months. 45 is a number that 45 to 50 is the number the market likes. It does. Yesterday when oil was slumping, thats when the equity started. Its almost as if we get close to that three handle again and people start worrying. The market was just off oil. That was the key thing to watch. You put up a couple weeks of inventory build. Couple weeks of rigs coming back online. Was it supply. I thought it was trump so im confused. Reoccurring worries come back. Well see. 42. 79 touched the lowest level since april. Once it gets three handle again its hard for markets to make headway. What is the level which it stops becoming a positive for the consumer. Remember last time it should have been great at 27. All the banks now everybody can refinance their loans, Energy Companies arent going to go bankrupt. It brings up fears of we had a guy yesterday talking about the recovery long in the tooth. Every
The markets relatively flat, the lie, a lot of news today whether its politics, earnings, Central Banks and apple a strong gain for apple shares profited estimates and company says that iphone and ipad shipments were better than expected. Josh lipton talked to tim cook and joins us with more this morning. I feel fantastic about how the iphone did. Thats what ceo tim cook told me about the products performance in q3. Investors also seem encouraged breathing a sigh of relief this morning and thats in part because the pressure on the iphone isnt getting worse. In q3 units were down 15 . Its about the same as q2 and now looking ahead theyll be down 8 in q4 and the se is attracting a whole new group of apple fans. One point of concern in the quarter, Greater China down 33 . Cook acknowledging near term concerns there including economic weakness but on the call he sounded bullish about the longterm. We opened our 41st Greater China retail store during the quarter and also made a 1 billion in
Will head to the polls next week to decide whether the United Kingdom should exit the european union. The markets have largely shrugged off that threat but that is starting to change. Over the past few days volatility has risen and stocks have come under pressure as poll after poll show grow support for the leave campaign. And that is why stocks were lower again today. The Dow Jones Industrial average average fell 57 points to 17,674. The nasdaq down almost 5. The s p 500 was off 3. As investors flee stocks, money is pouring into relatively safe investments. So much so that the yield on germanys 10year Government Debt fell into negative territory. The yield on the 10year u. S. Treasury hit levels not seen since 2012. Lets turn to our two guests who have opposing views on how the u. S. Economy will be impacted should the United Kingdom exit the european union. Paul christopher is head of Global Market strategists at Wells Fargo Investment Institute and he says it will be negative for th
Will head to the polls next week to decide whether the United Kingdom should exit the european union. The markets have largely shrugged off that threat but that is starting to change. Over the past few days volatility has risen and stocks have come under pressure as poll after poll show grow support for the leave campaign. And that is why stocks were lower again today. The Dow Jones Industrial average average fell 57 points to 17,674. The nasdaq down almost 5. The s p 500 was off 3. As investors flee stocks, money is pouring into relatively safe investments. So much so that the yield on germanys 10year Government Debt fell into negative territory. The yield on the 10year u. S. Treasury hit levels not seen since 2012. Lets turn to our two guests who have opposing views on how the u. S. Economy will be impacted should the United Kingdom exit the european union. Paul christopher is head of Global Market strategists at Wells Fargo Investment Institute and he says it will be negative for th