Positive, europes are slightly in the red and we are watching crude and gasoline on news of the pipeline explosion yesterday in alabama. The first trading day of the month after that red october, more earnings. The election, the jobs number and the fed meeting all on tap for the markets. It is one week to go until election day. New polls and investigations are moving the markets every day, including today. Well have the latest. And a spinoff for kfc and taco bell. Yum and yum china begin trading as separate companies this morning. First up, though, a lot for investors to digest into november as we head into the first trading day of the month. A jobs report is coming on friday, the election is next week. All three major indices were in the red for october, posting their worst performance since january, although to be any worse than january would have required a lot more selling, jim. Look, theres theres just a major change underneath. What we saw were a lot of health care companies, big
Impact she thinks brexit will have, and will there be more theyre talking about a 150 billion euro bailout fund over there. Potentially. The man known for playing walter white, yes, its true. Bride yo Bryan Cranston will join us to talk about the infiltrator. A lot of excitement having him around here today. We have full team coverage. Bob pisani is watching todays historic moves. Bertha coombs is at the nasdaq, where the index has been flirting with 5,000 today, and Mike Santelli looks at whether the earnings may be coming to an end. Bob, start us off. We have picked report highs without the help from some of the biggest players right now. Whats really maried is the Consumer Staples stock. But thats whats really moved things forward. Consumer discretionary has also helped a bit. Theyve all lagged notably here, without some of the support, for example, financials, energy is a much Smaller Group than it was just a year and a half ago. A lot has to go right in the second half of the year
Capitalal has changed its business and cites among other things ge capitals exit of the u. S. And consumer businesses and transformation of its funding model. You might recall during the financial crisis ges finance arm almost took the company down and since that time, it has certainly changed that this or i should say last year undertaking an aggressive plan to reduce ge capital selling over half of its assets and, indeed, since that time, it sold about 166 billion or signed 166 billion worth of deal. Now keep in mind, ge is one of four nonbank companies that have been given this systemically important financial rating. Others include aig, met life and prudential and met life is involvedn a legal battle with the fed having, of course, received a favorable ruling earlier this year by a judge who said tFederal Reserve or the government could not designate it as that. That means these companies are subject to Federal Reserve reover sight and enhanced capital rerooirmts. The fsoc voted to
Press three people are dead at the baron county courthouse. Two people dead are court bailiffs. The other person is the shooter. Well bring you developments as this happens. This as cleveland is focused on security gearing up for the Republican Convention next week. Committees meeting right now to set the Party Platform for next week. Well take you there what you can expect from Law Enforcement, Trump Supporters and republicans who are trying one last time to stop him. Bin ladens son vowing revenge for his fathers death. How seriously should we take the threats, connell . Connell all those stories coming up. The dow ending just short after tripledigit gain up 78 points. Closing in on a alltime high. S p 500 made it all the way there to alltime high territory with a new record set today. Phil flynn of price futures, fox business contributor, watching all the action in oil and gold in chicago at cme. Lori rothman in the new york at the new york stock exchange. Lets start with you, lori,
Recall for the model x a couple hours ago. How the bad news could impact the musk empire. Netflix set to increase prices for about 17 million users with increasing competition in the space. This music is killing me here. Can the streaming giant keep Pricing Power . Thats the question well debate here on closing bell. I think we should keep it going the whole time . Why not, sure. Goldman sachs getting hit with a 5 billion fine. Eric sneiderman will join us after the bell and those goldman shares rallying on the hopes that the last few of these remaining settlements we are seeing in the past just as were coming up on earnings season. Where does all that money go . Thats the question well be asking, 210 billion, i think Something Like that at this point. So far, exactly. From these fines and settlements, lets get right to the unexpected meeting between president obama and janet yellen with her thoughts, from the washington post, ylan, good to see you. What are they discussing . Reporter