Both up this morning crude oil, it is still hanging in there right below that 50 mark, of course and theres brent crude as well. Lets get to the road map. It does start with that market coming off a record breaking rally. The question of course, will it continue and big changes at ge the new ceo making his mark on the company as a new investor joins the board. A nail in the could have infor tax reform a top gop senator warns that President Trump threatens world war iii. The markets looking to continue its record run with the dow and s p in the midst of a fourweek winning streak but Technology Closing on friday at the new record high. Bar beingiring a large selloffe trump dow rally ochb track to surpass the 23. 3 gain posted in the year following the election of George Herbert walker bush. One would imagine we will hear tweets or get tweets about that the minute it happens. It is a major accomplishment and were coming off another week where all three major averages closed up a percent a
Blade runners disappointing response this weekend. Look at amc down 7 , and regal down 4. 5 . Only did 31 million over the weekend, they were expecting double, more than that well talk about that. And a massive unity rally being held in sfan this weekend. Were going to look at what this all means for the countrys relationship with catalonia and its place in the European Union. Former head of the European Central bank, jeanclaude trichet, himself, will join us is a cnbc exclusive coming up looking forward to that very mump. First, Goldman Sachs out with a new note saying tax enthusiasm will outweigh an earnings slowdown this quarter a feud between President Trump and a key republican senator could put tax reform in jeopardy cnbcs editor at large john harwood has the details. Let me put it in a bigger picture. The feud with bob corker is one of many challenges facing this tax bill first of all, it doesnt help to antagonize the Committee Chairman as the president did over the weekend and
Drop in order for drop in order for for its typhon business jet. And opec secretarygeneral hopes to get the americans on his side saying the Oil Organization will meet with the u. S. To help support their production deal. Good morning glad youre with us once again for spain it may be the day of reckoning as the Catalan Leader, Carles Puigdemont, will be speaking to the Catalan Parliament later today he may or may not declare independence well have to wait and see until 6 00 p. M. Local time a quick look at the stoxx 600, one hour into the trading session. We are pretty much flat, even stevens when it comes to gainers and losers german exports were strong in august, up 3. 1 . Brushing off concerns of the stronger euro given that were seeing stronger demand in the eurozone lets look at the indices one by one. The dax hit record highs in yesterdays trading session. Its just close to those levels, still 12,977 points. The ibex 35 on this crucial day for spain is off by 0. 4 continues to un
Compared to a year ago for the third time in a row. Apple did Beat Estimates on the top and the bottom lines, thanks to betterthanexpected iphone sales. Looking ahead, tim cook says apple is returning to growth, issued a bullish Holiday Outlook and commented on the companys product pipeline, including autos. Take a listen. Were always looking at new things, and the car space in general is an area that its clear that theres a lot of technologies that will either become available or will be able to revolutionize the car experience. So, its interesting from that point of view, but certainly nothing to announce today. All right, so, jason, is he being unfairly criticized by the do i have to wake up . Is it tim cook speaking again . Its like your uncle putting you to sleep every time. He says so much of nothing when he speaks. Listen, you want to talk about the cars or the phone first . Lets do the phone. I think we need to touch on the phone. Yeah, because the phone, obviously, we all know
Front arrives and thats not really until later in the afternoon. The rain looks very light to me. Even on the north coast getting increasing clouds so mostly cloudy and mostly sunny skies here. Easterly breeze northeast and that hasnt changed. Kensington 63 at northwest napa. Low foiflts and also petaluma 50s. Look for hazy skies and thick fog morning fog. 60s and 70s on temps. Still above average but coming down a couple degrees there. A couple degrees and you said its going to be cloudy later today. Late tonight saturday and cooler until next wednesday. 0. Thank you steve. People want to know that and steve is here to tell us. Traffic is lighter than usual. Lets go to the bay bridge toll plaza and its lighter than usual. Were looking at highway four. We will talk about the bay bridge toll plaza in just a second. Even here on highway four there seems to be more room. Thats because today is veterans day and some people have the day off. If you are to go to work at least you will see th