Well start with corporate earnings mostly the blues. Du dupont posted an earnings miss. How worried should we be about a global slowdown . Apple is upping the ante in the mini wars. Can the move to go small beat back challenges of the likes of google. Well begin with Earnings Reports that are reviving jitters about Global Growth. Shares of dupont taking a hit after earnings came in short. Dow component announcing plans to cut 1,500 jobs over the next 18 months. 3m matching wall street estimates with Third Quarter earnings but lowering the outlook citing current economic realities and u. P. S. Reporting earnings in line but revenues short of forecast. Its been said this morning that the last hour yesterday was the biggest fake pump in the history of trading given the news were getting this morning. It was a playaction fake and turned out to be a pick six. When i look at the numbers this morning, i want to distinguish them. U. P. S. , we expected bad. We gave you bad. 3m expected okay. G
We have an exclusive look at the Td Ameritrade conference. Fred tomczyk will join us to break it all down for us. There are hundreds of millions of dollars in investments wandering around. We will find out where theyre putting their money to work and thinking no better day than a day like this to have so much rain power to help us sort through the day. Lori thank you so much, melissa. It has been 15 minutes since our last check of the New York Stock Exchange. Weak earnings seems to be the culprit for the sharp selloff on wall street. What else is going on . Nicole we have serious concentration of selling. You may remember on friday the dow sold off 205 points. Today we are down another 223 points. We have not seen concentration like that. It shows you dont normally see this kind of selling backtoback and yesterday selling across the board every sector, majority of the dow componentcomponent and big nameg out with an outlook to trim their forecasts and th and a bis we have been followin
Institutes of healtt biocontainment facility later meanwhile, the cdc just releasing that the second nurse to be diagnosed with the deadly virus, amber vinson, did not report any symptoms prior to flying. That has been a big point of debate. Now a Chain Reaction as select schools in both ohio and texas areas are calling off classes now due to possible ebola exposure. Vinson did visit one retail store while in the akron area, causing store owners to close its doors for the timebeing. However Health Officials are declining to name the store right now. Bring in todays panel. Fox businesss very own charlie gasparino. Shaffer from schaefer asset dan management. Headlines change from second to second with the market on tintter hooks. Weve been all over the map. There may be a qe 5 or 4, depending what you call operation twist. Melissa yeah. I think that is what drives markets for the most part. I will say this, wonderinn why ebola is market headline to trade off of and a big economic story,
That the dangers of you contracting ebola, the dangers of a serious outbreak are extraordinarily low. Starting today, four more major american airports will screen passengers from west africa for the virus. 6 01. Time to check traffic with liz. Were doing okay. We have a few slow spots out the door. In the meantime i want to show you a live look at the Richmond San Rafael bridge. We have a few delays in the cash lanes but overall looks clear on westbound 580. Heres one of our slow spots through the Altamont Pass and the Livermore Valley. Theres a stall in tracy approaching grant line westbound 580 for nearly an hour so speeds about 11 miles an hour approaching that stall. So its been there for a long time. The tow crews came and i dont know if they didnt spot it initially. Its taking a while to clear it and its slow to the dublin interchange. Metering lights on since 5 40 so they have turned on the metering lights slightly early. You are stacked up through the foot of the maze. Mobile
Clouds. 72 degrees in napa. 70 in santa rosa, about 66 degrees in San Francisco. Very good. You still remember how to do this. Barely. [ laughter ] were glad youre back. Glad youre back and feeling better. Thank you. 5 01. New this morning a young boy is in the hospital after a shooting over in the east bay. It happened on welldon street. A 12yearold was found lying in front of an apartment reportedly shot at least once. He was airlifted over to Childrens Hospital in oakland. No word on the condition. Developing news about the ebola threat in america. A texas nurse who has the virus was flown to atlanta last night aboard a specially equipped jet. On monday, the same woman had flown a commercial plane from cleveland to dallas. Now the cdc is considering putting 76 healthcare workers from the texas hospital on the tsas no fly list. Its two healthcare workers who were taking intimate care of him cleaning up his bodily secretions, those are the two people who have gotten sick, not the 48so