About, right . Probably most concerned about german policy makers. In other words, not the ones at the central bank. Its mario draghi saying to the european governments, its up to you. You have to take the ball here. Meanwhile, in the u. S. The deficit is down below 3 of the gdp. Well go into the crucial final hour of trade. The dow down 319 points. At the low it was down about 345. The s p down 38 points today. Weve taken out obviously yesterdays lows. Now at 1930 and change. The nasdaq composite is down almost 1. 9 . Thats down 2 1 3 . 1071. Weve also been watching oil which today closed at a twoyear low. The price of wti crude here in for delivery around 85 a barrel. Now i see it at 84. In the electronic trading it continues lower. You know from the electronic trading figures, the futures, that we can follow oil is in a bear market. Down 20 from its highs just this summer. So talking about that. Keeping an eye on Interest Rates. Lets get to it now in our closing bell exchange. Joini
Ill send it back to you. U. S. Stock futures indicating a higher open. October has actually ended up higher 50 times in the last 86 years. Oil a little higher, but still in the 98 range. Gas, he paid 2. 89 a gallon. Tencareer yield, 2. 49 . The strengthening u. S. Dollar has been and continues to be a bigger story. There is some chatter out there, guys. It could see parity. One to one euro slshl dollar. Weve been talking about this for a long time. At 1. 26, its already split quite a ways. Parity . That is a long way to go. We were there, but a long time ago. 50 pounds ago, actually, in my case. Gold is trying to hang on above 1200 bucks. Do you sit here in the afternoon in this seat . Yes, i do. How did you know . Because i watch you and i see youre messing with all the computers. Now i know who to plame. No, i need to raise them. No. Ing on, better. Were going to get to this mornings confirmed story. A confirmed ebola patient in texas. Meg, good morning. Good morning, andrew. A few d
A selloff in the markets. Another 1 move to the downside. Thats three in five sessions, actually. The fed minutes, as we said, coming this afternoon. Yum cutting its forecast for the year. The scandal in china continues to weigh on sales. Jcpenney is holding its investor meeting today. The stock has almost doubled since february. Is jcp really back . More retail numbers today. Costco earnings are out. Theyve beaten estimates on the top and bottom line. First up, stocks are looking to shake off Global Growth numbers. The dow suffering its worst day since late july. The s p falling 1. 5 , settling at the lowest level in almost two movanths. The worst day for transports in about eight months. Oil today below 87. If cramer were here, he would say that is pointing to real demand concerns around the globe. A sign, as you say, of just slowing growth around the world. Thats the key. When you talk to people this morning as i did or even late yesterday, first thing they catch is oil. Down today
Data as adp delivers that strong employment number ahead of tomorrows jobs number. Youll hear from buffet this hour, as well. Bank stocks moving in the premarket. Upgrades, downgrades and Brian Moynihan assumes new duties at bank of america. Showdown approaching in hong kong. Protesters demanding a resignation. Police demanding an end to the demonstration. Elan teases the new d as netflix teases new adam sandler movies. Ecb standing pat on Interest Rates. Mario draghi says bond purchasing programs will last two years. Details to be provided later this morning. Here in the u. S. , claims fell 8,000 to 287,000. That is ahead of tomorrows big jobs number. One day after the dow fell 238 points. Last night on mad money you broke it down on stocks that, why some groups will fall more. Then what names you are waiting to nibble on when the time is right. I think a lot of this down turn started when ford motors said latin america, not good. Europe, not good. Then you see this morning just now,
President rob kapito. Which is a better bet, stocks or fixed income . Bonds and stocks, we have two people who will make the case for fixed income. Well have a top pick. 5 trillion, folks, thats a trillion dollars every 12 minutes. 100 million about every minute. Dont miss even a second of this show tonight. Sue, down to you. Sue is not there. Ill pick it up here. Big market selloff following yesterdays huge rally but one of the bright spots today as hand apple. It is up on the icahn letter, carl icahn explained his move just minutes ago to our scott wapner, right here on our network. Listen in. Every time they sell a phone, scott, they have another annuity. They have another flow that they guarantee. People dont get rid of these phones. I think this is not realized and as a result we are writing this letter. Lets hear from an apple shareholder, michael farr from washington. Welcome. Youre actually here with us today. What do you think of apple . What do you think of icahns exhortation