Gold, crude moving lower this morning. The dollar setting some new highs. Just now, jobless claims rise to the highest levels since june. Poised for a higher open, lulu lemon beats on the top and bottom line. Raises forecast for the rest of the year. Another retailer trying to regain its cool. More from target, as well. The exclusive interview we just mentioned, that newly minted chief of sprint will sit down with favre. Oil prices falling on worries about growing supply, International Energy agency lowering its oil demand forecast. This on the morning after the president delivered that primetime address outlining his strategy for combatting the threat from those islamic militants, including american air strikes in syria. This Counterterrorism Campaign will be waged through a steady, relentless effort to take out isil wherever they exist and support for our Partner Forces on the ground. This strategy taking out terrorists who threaten us while supporting partners on the front line is o
12 months. Check things out this morning, if you want to see the knee jerk reaction to some of these things, youll see already the futures are indicated higher. We knew the republicans were likely to whip, but if you take a look, there were some this was what you would absolutely call a wave with some races that hadnt been expected to go their way going their way, as well. Dow futures are indicated higher. S p futures up by close to 7 points. Nasdaq up by 16 points. As for the bottom, weve been watching oil closely once again. It is down again this morning, down by about 31 cents. 76. 88. Thats about where we were yesterday at this time. This morning, the tenyear looks like it is yielding. I cant see it because theres a line over the one place where it says 2. 35 . The dollar this morning at this point looks like it is up against the yen, up against the euro, up against the pound. Euro is trading at 1. 2484. Dollar slrn yen, 1114 and change. Gold prices look like they are down, as well
S p futures down by just over 3. 5 points below fair value. Take a look at whats been happening with oil prices. Yesterday, crude oil settling at an eightmonth low. That was the lowest settlement this year. You can see theyre down once again this morning. Down another 46 cents to 91. 71. Take a look at whats been happening in the treasury market. The tenyear note at this point looks like it is yielding at 2. 516 . That had been the highest close that weve seen all the way back since july 31st in terms of the yield. The dollar this morning, at least at this point, looks like it is down against both the euro and the pound. The euro is trading at 1. 292 up against the yen at 106. 92. If you take a look at whats been happening with gold prices, under pressure despite what weve seen in terms of geopolitical concerns. Gold is down to its lowest level this year. 1,246. 60 an ounce. Andrew, ill send it over to you. This will be the first of the companys sales since last november. Lots of quest
A laundry list in the op ed, tax reform, health care legislation, terrorism, reforming education prices. What will they get to in the first meeting on friday . Well, gerri, everyone should have realistic expectations what ultimately can happen here. Anything that the president s desk you need 60 votes. Which means you need a fair amount of democratic support in the senate. You need the president to sign it. If you winnow things through the through tests they are fairly minor. Good steps in the right direction. Keystone pipeline would be on top of the list. Maybe trade measures. Nothing that is really, truly transformative. Gerri that sounded like mcconnell was pointing to when he spoke yesterday. He seemed to be saying dont expect the world. Well not be able to get everything done. Susan, to you, what do Small Business operators want to see . Gerri, Small Business wants to see two things very critical. Not so much, healthcare. Theyre sending employees to exchanges with under 50 employe
Melissa president obama spoke at the United Nations summit with a stern warning to terrorists. There can be no reasoning, no negotiation with this brand of evil. The only language understood by killers like this is the language of force much. Melissa shortly after the president spoke, new reports say an isis linked group killed a hostage in retaliation for frances participation in the strikes. The president says this campaign could take years. And it could ring our entire Defense Budget dry. We have Charlie Gasparino. James freeman from the wall street journal. Rob basso, founder of advantage payroll services. Thanks for all of you three joining us. The show is called money. I want to talk about that. Some defense experts say this could cost 15 to 20 billion alone. What do you think, james . I think it will cost a lot more. The president will find over time if you want to destroy isis you have to probably put boots on the ground which i know he doesnt want to do. Unfortunately were in