Rise from the dead. And hes on a committee, chairs it, looking at health care. Look at this, speaker ryan side, no voters were now in the yes column. That moment the movement started to go up. So this morning, obamacare, back on the table, question mark . It looks like the great negotiator called the politicians bluff. You failed last week, now make something happen or else. Weve got a show for you, greg norman, grover norquist, Charles Payne and thats just the next 15 minutes. Varney company is about to begin. And i know that were all going to make a deal on health care, thats such an easy one. I have no doubt thats going to happen quickly. I think it will, actually. I think its going to happen. Weve all been promising, democrat, republican, promising that to the american people. Stuart we thought wed let you hear that again. President trump confident a deal on health care will get done and he said very quickly. Remember, he was spoking to republican and democrats at the white house a
Welcome to power lunch. Im melissa lee. Lets take a check on the markets. Out of the gate pulling stocks lower, we hit threemonth lows on the dow, as well as the s p 500. We are off session lows now. The s p higher by about 16 points from lows today. Banks gets hit hard again. Third day of lossesment this of course ased of a slew of bank easternings that start tomorrow. One bright spot in narcotics. Utilities are holding up nicely. Up by 1. 8 at this hour. Thank you very much. Welcome, everybody. Heres what else is happening right now. Worlds longest reigning king has died passing away today at the age of 88. He took power back in 1946. Amazon hiring 120,000 holiday workers this year. Thats up 20,000 from just last year. And u. S. Jobless claims now at a 43year low. The 84th straight week that claims have come in below 300,000. Got a big two hours ahead and we kick it off with this big move down in the market. Though not as far down, bob pisani, as earlier today. Weve come back. Weaker
Will join us on macys earnings. Jon futures negative, down by 48 points. Europe come after two days of gains, weve rolled over a little bit with the dax off by. 8 . You at italian banks specifically. Bottom sachs calls the after a day of losses. Euro. Nger in the face of a lot of slide in the treasury market, 10 year is in focus today. Yields still lower, down by a basis point. That call on the yield. Does not look so outlandish today. We will talk a lot about the dollar today. Geetha ranganathan breaks down disneys disappointing earnings. How the yen is affecting toyotas bottom line. Guy johnson has goldman is latest call on the dollar. Ahead to theooks vote on Dilma Rousseff. Plummetingisney premarket. It posted secondquarter results that missed analyst estimates. ,e welcome Geetha Ranganathan live from princeton. Lets talk about the shortfall and reaction here. Obviously, they missed both topline and bottomline. Most of their media peers had reported better results. What happened th
A little bit harder today. Give you a check on oil and gold and bonds too. Theres so much conversation about what the fed may do. Even here at delivering alpha have you heard from some of the largest and most respected Money Managers in the world with their commentary on the fed and the markets. Were going to talk about that. Also word today that atlanta fed president Dennis Lockhart is stepping down from his post in february. That is big news. Thats why we have senior economics reporter Steve Liesman joining us on set as well. Lets discuss whats taking place in the market. Its been an interesting few days. Josh, volatility is back, and it is back in a big way. No question about it. You had these giant bullish candles everywhere yesterday. We had erased all of the loss, and in some areas we were actually gaining from thursday nights close. When you see that kind of action and then the next day its completely negated as though it never happened, that tells you Something Big is going on.
Were talking about geopolitics and it was another example of how that are so many cracks in the overall system and these are not necessarily great times. Time to introduce bloombergs editor in chief. Thank you for joining us. David you always been a note of optimism. Matt i will disappointed today. Stephanie i think we need to get to some news first. David we go to our first word, and bonnie quinn. Bonnie heavily armed police raided in apartment today searching for the suspected mastermind of the terrorist attack. When it was over, two people were dead, and seven were arrested it is not known if the elected ringleader was among them. It took place in the suburb of far from theot soccer stadium or one of the attacks took place. Last night, to air france theyts were delayed after received anonymous threats. One from los angeles landed in Salt Lake City the other was diverted to halifax, canada. No threats were found in either flight after searched. Is not hisl says it time. He dropped ou