Im freaking pou. Jane is with us. One time i invited jane to cohost, kathie lee was out. Can you host with me . I cant. Busy. Have rehearsal. I said, okay. What did you think i was asking . Sow a soul cycle class. Thats how we first met. I cant realize you were offering me a cohost position for the day. A cheers. Thank you for coming on this friday. Whats happening . I just came to say hi. [ laughter ] we are on television. Right, everybody . Allegedly. Im going on vacation and i want to say, Merry Christmas oh, Merry Christmas. Hi, and we stole your cohost. I know. I saw your wine. Drink up. Nice talking to you. Tamron hall, everybody the cutest see what just happened . Little caper ive ever seen. We never know whos dropping by, jane. That sexy underwear everything tamron wears is sexy. Doesnt matter. You know who is here himself . Santa is here. Whether youre naughty or nice and here with lydia. So happy to see you, such a fan. Who were you talking to . Santa or olivia . Santa or oli
Back. The dow falling just 3 points. The s p 500 inching up. 02 . Nasdaq advancing. 50 . Even as the fed seems eager to pull the trigger. On a june rate hike. Its simple. This market is in a see saw mode and that throws some stocks off while allowing others to come along for the ride. The possibility of the feds raising rates sooner rather than later. With the market all over the place today. I think it is important to do a little refresh better what drives these moves and what allows certain stocks to rally in a truly sub par moment. Where it is awfully hard to keep the bear at bay. Lets start with the time line here. First on day one. Out of nowhere we start worrying about imminent fed tightening. Everything goes down. No market can handle a Federal Reserve official. Saying we need to raise rates not just once with you several time in 2016. When you get not one, not two but three of those guys saying the same thing and theyre showing the economy might be getting too hot like yesterda
Things around for that group. And anadarko withdrawing its offer to buy apache, but others could be in play. We have a special report coming up. The ipad pro has officially been launched today. I want to know about the keyboard. Kelly wants to know about the pencil. We have someone who says tablet is too big to fail. A loaded description. And Harry Connick jr. Will join us here at the New York Stock Exchange to talk about veterans day, his latest album and the changing Music Industry. Hell be ringing the closing bell shortly. Looking forward to that. Well start with macys and jcpenn jcpenney. Courtney reagan has the retail detail for us. Macys results dragging down most of the Retail Sector today. While its earnings beat it, you see shares plunge, down more than 14 . On squawk box this morning, macys Ceo Terry Lundgren said he was disappointed with the quarter sales. Some of macys highest volume and most profitable stores. And unseasonably warm weather. Lundgren says macys will focus o
Before the bell, well be hearing from retailers walmart and kohls. And the bulls are hoping todays earnings and Economic News can give stocks another boost. The dow snapped its threeday winning streak. Out to the futures this morning, youll see at this point there are some strong moves in a positive direct. Dow futures are up about 60 points above fair value. The s p 500 up by eight points, the nasdaq up by almost 20 points. While we were sleeping, asia closed mixed. Take a look at what happened with the nikkei. It was up another 1 . A lot of speculation out there that the Prime Minister shinzo abe may have decided to call an early election. Also thoughts that they would be putting off the planned hike in sales tax. If they put that off, that would be another positive for the economy. Industrial production rose therein than expected last month. Shanghai was down 0. 3 . Retail sales falling slightly below estimates. If you take an early look at whats been happening in europe, some stron
To fall. Interestingly, not putting much downward pressure on the stock market. Also, Commodity Futures Trading Commission head timothy mass 5 2k joins us after announcing the settlement with the banks. There are some smoking gun chat room messages you have to see on this story which has some wondering why the penalties announced were not greater. Well get into that and more with Timothy Massad coming up momentarily. Two earnings are out in an hour. Cisco and jcpenney. Well bring you the numbers that could move both stocks and overall market, second they hit the tape and the best analysis on the street that all starts right after the closing bell. At t is halting buildout of fiber optics in about 100 cities in what so far is the most apparent Chilling Effect of the president s call this week to clamp down and regulate the internet. This as reports say that the fcc chair may defy the president s call for Net Neutrality citing the agencys independence. This story is a lot of moving parts