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,
That a good or bad idea . Voices on both sides of that issue. We have the latest and you get to chime in on whos right in that battle, as well. You can see on an otherwise up day, all the table stocks are lower. The president in china at a quick summit announcing a visa program thats expanded and on the same day china is the top suspect in a massive hacking attack on the u. S. Postal service affecting more than 800,000 postal workers. Can we have truly normal economic relations with china while they continue to hack america at will, seemingly . Looking for one Great Holiday deal this year, dont look for it on black friday. Thats right. Turns out the best deals come on a different day. Which one . Which one . Well tell you later. Not one i thought if thats an indication. I thought it was all right, all right. Not the one you thought. An hour to go here into the close and talking about alltime highs on the indexes. The dow up. S p adding and the nasdaq with a gain to 4648. We have kim fo
Becoming the event t watch out for. 10 is where its been a couple of years since we have had an event like this. By now you probably know im scott wapner today in for bill griffith. It was a White Knuckle ride with triple digit moves and norm rather than the exception. Certainly the case. Take a look. Calming down a bit and not at the nasdaq and tech stocks taking tonight chin. Semiconductors, Morgan Brennan joining us now with how things look at a pretty wild week. A wild week for the nasdaq composite and closer to the close the selloff is accelerating here at the nasdaq. Down at fresh lows. 1. 4 so far for the day and on track to log a 3. 5 loss for the nasdaq this week, the third consecutive week of losses for the nasdaq. Semiconductors leading. Weak demand in china. Thats pushing all of the chipmakers lower, including texas instruments, micron and intel, a large cap name that tends to drive the nasdaqs performance. Thats fueling fears over Global Growth and thats in turn setting ot
The biggest point drop in over a year. The broader index closing at the lowest level in two months. And if youre feeling a little nauseous after this weeks trading, you have good reason. The dow is exhibiting the most volatile period in five months. The blue chip index closing up or down at least 100 points. And 12 out of the last 18 sessions, yeah, its about twothirds of the time. The vicx is spiking. The gauge is up 39 pest over the last month. We know its down 4. 5 for the s p 500. The dow at this point is now just 83 points above where it started the year. So talking about potentially wiping out the gains for the year. We wiped them out one other time and then put in good ones. But when you think we deal in gains per year that some people say we should do 7 or 8 . When you can 2 in a day, it can be december 27th and flat and be up 7 for the year. Im ratcheting down all of my just, you know, i normally remember the media. But we went up to 17,000 on the dow over the last few years.
Last couple of days. S p futures up about just over 8 points. That jobs report will be indicative of how we made the move to the day. We have Alan Greenspan joining us this morning. First, steve has this mornings other big stories. Thanks, becky. An american cameraman working for nnz news in liberia has tested positive for ebola. He was one of three cameramen working with nbcs chief correspondent dr. Nancy schneiderman. Hes been working in liberia for the past three years. Nbc is sending a charter plane for schneidermans entire crew. Schneiderman on nbc last night. An abundance of caution. We have selfquarantining ourselves, even going beyond the cdc guidelines. We recognize that there is a big story back home. Meantime in texas, the cdc contacting dozens of people. Meg turrell joining us from dallas with the latest this morning. Good morning, meg. Good morning, steve. That nbc news cameraman, our colleague was the fifth american affected with ebola and is back here in the United State