Complete report. And macys Ceo Terry Lundgren will join us at 7 00. And jerry storch will also join us live. Stocksindicating opening higher. Ri the dow would open higher by 52, the nasdaq, 3 1 2, and the s p 1 1. 63. In asia, hang seng, higher bay half percent. European equities have been relatively flat. Right now all are lower. The italian market, theres a big referendum being held on sunday, november 4 t december 4. The economist endorsed a no vote to telling italians when they go to the polls to vote no. The underlying issue is this doesnt speak to the core issues that the italian people face. If they vote no, what happens here . How does this spin out . Everybody thinks its gloom and doom. I dont think people believe that anymore in the wake of brachial plexus and the election. So you tell me what youre thinking, ill think the opposite. The elite think it will be horrific, the polls say no. Which makes me think yes. Thats way too confusing. If they vote no, there will be a genera
The early trading most of the major averages are trading higher. The dax is up by better than o. 6 . The cac and ftse both sitting just under 0. 6 higher. North Korean Leader kim jongun has ordered his country to be ready to use its Nuclear Weapons at any time. He told the military to be in preemptive mode attack. The saber rattling follows harsh new sanctions imposed by the u. N. Over north Koreas Nuclear program. Also, new data this morning on where investors are putting their money to work. Nearly 5 billion went to riskier, u. S. Based junk bond funds. Thats making the groups largest inflows on record. Federal prosecutors have now moved to dismiss the indictment of Chesapeake Energy founder aubrey mcclendon, as expected, following his death. Mcclendon died in that fiery onecar crash the day after being indicted. A Law Enforcement source tells cnbc that the justice departments broader investigation into possible collusion in the oil and gas industry is ongoing. Generating buzz this m
Of the month. That being about 80. We are moving higher. You see this morning. Our road map starts with what you might expect. These markets are surging overnight on central bank action. China unexpectedly cutting Interest Rates. Mario draghi promises more aggressive stimulus in europe. It is a big morning for dan loeb. Dow chemical and third point reached an agreement. Management changes at hertz and sothebys which loeb is on the board of also expecting to change their ceo soon. On the earnings front, gap cuts its profit forecast. That stock is moving lower. And the president announces executive action on immigration. There are vast economic consequences. House Speaker John Boehner will respond in a few minutes. Want to start off welcoming back my friend. My dear friend. Thank you. Thank you for being back. Your dad wants you back at work. Bop loved you. You know that. You knew that for many, many years. Pop loved you. I did. He loved the work we did and he wanted you to get back to w
Wanted to be but i had an opportunity to affect the outcome. You can watch the entire interview with john price tomorrow that tom price tomorrow tom price tomorrow. This month is the 10th anniversary of the sunday Primetime Program q1 a cargo we are featuring an encore presentation of one program from each year you and a. A. We are featuring an encore presentation of one program from each year. Robert novak on his years of reporting. The value of higher education. From 2009, a conservative commentator. A decade of compelling conversations. Atember 22 through the 26th some p. M. Eastern on cspan 7 00 p. M. Eastern on cspan. Says he isrump seriously considering a president ial run in 2016 well speaking at washington, d. C. To talk about politics, his brand, and the Business Community as a whole. This is an hour. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [captions Copyright National cable satel
Recession. And whether you hit the stores yesterday or not, plenty of people are out this morning. If you are planning on waking up early for your black friday sales, youre late. Step et up. Shoppers are expected to spend an average of 650 this weekend. Thats 11 1 more than last year. We have the chief merchandising officer at toys r us. Then well be joined from Tysons Corner, a huge mall in virginia. Bobby kotick will be join onning us on air. Electronic items are expected to be a big seller this year especially with the launch of the xbox and the new play station consoles. Coming up in the next hour, we have Terry Lundgren. And at 8 40 this morning, the ceo of Brooks Brothers. We have a packed line upof guests ready to giving us a look at the American Consumer. We start with dana telsey this morning. We have heard a lot of stories about some expecting disappointment, some maybe not great retail numbers. But what do you really think is going to happen this Holiday Season . I think its