Barbara duran from bd8 capital markets. Thank you for joining us today weve got a lot of forces at play again another kind of side waist market, but some Risk Appetite if you look at whats moving higher today i agree with that i think that the action has been very constructive. And i think whats going on is youve seen the earnings expectations come down you had just a little sample last week, but majority of Companies Beat earnings and the most important thing, i think, was jpmorgan and American Express talking about the strength of the consumer in loans and spending and thats really the underpinning to the economy. And so we also know the fed, they have a meeting coming up. Im not expecting them to cut rates, but they have made it clear they stand ready and i think that forms an underpinning for the market. And not to mention china we have a little truce there i think we were all expecting some more down babeat commentar from what weve heard so far but so far, its been okay maybe rest
Buy . And jeb bush. I like what he had to say. Its time for america to get back to work. The left actually criticized him for it. I cant wait to get into this and hillary, deflecting criticism saying there was no subpoena for emails and proven wrong yet again. What difference does it make . Weve got a big day coming it does make a difference. Varney company starts right now. Were talking about over 3,000 stocks that trade here on the floor of the New York Stock Exchange that are still halted at this time. Do we need it anymore . And its an anachronism almost this is odd to me. I think theres something more that we might be missing only because behind the scenes we dont know whats going on. This market has proved completely side ways since this happened. I dont know if someone is pushing the pause button, but it feels weird. Of course we were all over that big story, Varney Company and the fox business network, this was the place to be when the news breaks, its always the place to be an
Warnings across the caribbean. Talking about wind now at 180 miles an hour. Still a western movement of the storm. Defined eye. Working 14 milesanhour. Will take a couple days to work across the caribbean. This is powerful one. Hurricane irma, wind running up to 180 miles an hour. This is the strongest storm in the atlantic with very strong wind since 2005. The very strongest ever were winds up to 190 miles an hour. Were not far off of that. This is powerful storm. As a result, youre beginning to see all the watches and warnings being issued across the caribbean. There is puerto rico, san juan, under hurricane warning. The path should run right to the north of island as this powerful storm gets on the move. Category 5, we think it runs over some of this land it falls back dunn to category 4 storm, taking up moisture and fuel. Cuts it off when you run over Pay Attention to time stamps. Fried mornings, friday evening, lifting up closer to the coast of florida. The steering for this syste
Year . Plus shockwaves from d. C. To hollywood. The latest details on disturbing allegations of Sexual Misconduct made by a Republican Senate candidate, coming a month before election day. And Comedian Louis c. K. Responding to his accusers saying their stories are true. More on the reaction and the fallout. Among our guests this hour, tmzs harvey levin, North Carolina congressman, robert pittenger. Dr. Devi, from the nyu medical school. Steve forbes with us as well. Melissa the dow continues to sink, ending longest weekly winning streak in four years. Nicole petallides, on floor of new york stock exchange. And nicole, been a wild week for markets. I cant believe theyre loving the tax plans down there . That is exactly right. That really brought a little bit of uncertainty. We talked about delaying obviously tax reform. That spooked the market a little bit. I will say they are still optimistic big picture. They are still liking fundamentals of earnings. As you noted, we did snap recent
Reference. 5000 way back when. Absolutely a day of round numbers, impressive ones at that. Vanessa nasdaq at the level of 4000 like we did earlier since the year 2000. It is somewhat a monumental day. New highs for the dow and the s p 500 above the 1800 mark so new highs as we continue to watch the market gaining that momentum and they will not quit. Other names on the move, lets take a look at sears. A great performer on the s p 500. Stocks hitting a new high. Rewarding loyal customers but they came under some Sales Numbers that were disappointed. The ceo says he is not as close to closing stores. Back to you. Connell nicole, thank you very much. The other story is United States and iran reaching a deal to freeze the Nuclear Program for six months, but the fallout has farreaching impacts among political and economic. Oil prices falling today, something we are watching but the political impact is much more complicated as you have lawmakers on both sides who are skeptical of this deal t