Our road map begins with more earnings on the way and counting down to jobs friday. Goldman slaps a sell on gm after a very strong rally in those shares they are down now in the premarket. And first charges in Robert Muellers special investigation are likely former Trump Campaign chair Paul Manafort has turned himself into the fbi this morning. Stocks are beginning a new week after the major rally in big tech so far this month the dow leads the way and nasdaq surpassing the s p thanks to the tech surge. If we can avoid going negative for the month, guys, the s p is down one month this week by. 4, almost a perfect year up every month so far. Were in some sort of sweet spot where it does appear on friday in any other market i would have said thats a blow off. You see incredible gains from the big Nasdaq Companies but in a blow off typically the numbers cant match the stocks but the numbers were quite impressive and i know its not the focus but when you go back over intel, intel has this
Europe is higher and kay shiller home prices just released. Road map begins with under armours ugly outlook, slashing the full year guidance, the lowest open in four years. Plus apple versus qualcomm. They may ditch the chips for next generation of phones and ipads. 126 million and counting, facebook and google and twitter on the hill as new data shows the scope of russian backed preelection manipulation, far greater than previously disclosed but first david has news on a big deal. Yes, we do. Emerson electric wants to own rockwell auto mason and made a series of offers to the company in an attempt to fulfill that desire emersons most recent offer was worth more than 27 billion. It was made in early october for 215 a share that was split evenly between cash and stock the offer worth 200 in early august and one it made a few weeks after that, emersons latest offer to buy rockwell, which increased in value, was met with a ters rejection according to people with knowledge of the correspon
A delayed tax bill gop leadership in the white house putting off an announcement on tax reform as wrangling over how to pay for it continues. And tech is back on capitol hill for their role in the 2016 election and russias role we want to bring you up to speed on yesterdays deadly terror attack. Contessa brewer is in Lower Manhattan for us reporter good morning. Investigators are looking to see whether the suspected attacker had scouted this area in particular ahead of time or was he familiar with it because he was an uber driver Sayfullo Saipov left a note inside that rented home depot truck proclaiming isis lives forever in arabic. It was a home depot truck that he rented in new jersey. Investigators found at least one knife in the truck Law Enforcement believe saipov acted alone mowing down cyclists and pedestrians for 20 blocks. Its a very popular park path. And it ended, this attack, with a crash into a school bus very close to the World Trade Center near an elite Public High Scho
Anticipated jobs number. What it means for the economy and markets. Shares of apple are up after they reported earnings after the bell of the well dig through the report and hear why tim cook is calling for a huge quarter on deck well go live to the long long lines of customers waiting for new iphones. And shares of starbucks under pressure after a less than stellar quarter. Well talk to Kevin Johnson and cnbc exclusive along with the 261,000 nonfarm jobs in october, significant upward revisions including september payrolls up 18 k after the initial readings showed a decline. It now means a record 85 straight months of job gains and unemployment goes to 4. 3, the lowest in nearly 17 years and average Hourly Earnings up 2. 4 we were looking for something closer to 2. 7 and interesting downtick in labor force, jim. Im going to stick with what we need on this and say youre going to get a rate hike on this if you can do this theres less slack its certainly not based on average Hourly Earni
Road map begins with a meg amerger in the works, qualcomm considering but re, a deal with broadcom, plus softbank in the failed talks to get together with tmobile, betting the Wireless Network will prove critical to support future growth and ill have more on their future plans. 11 royals arrested as the crown prince moves to consolidate power. The news of the morning that was broadcom confirming the unsolicited byover bid for qualcomm they acknowledge receiving the offer and david has been all over it all morning long. The question now will be when not if they reject the bid because they rereject. The only question is how long they take. They need to review it and need to be fair they have not spoken to broadcom, as i reported last night, there had been an attempt made by broadcom when it began some months ago to engage in talks with qualcomm. That was quickly rejected. There was never a formal proposal made, they were given the heisman so early at broadcom they wshts going to get anyw