That number will be watched closely. Our squawk market master this hour is marc faber. Hell be joining us onset in just a moment. In fact i think i see him making his way out now. Also politics are on the agenda today, as well. We have the third and final presentation debate set for tonight in florida. That final 90 minute showdown will focus on Foreign Policy. Bob schieffer of cbs will be moderating. You can watch complete coverage right here on cnbc and of course the cnbc twicker will be live. Right now lets get you up to speed on this mornings top stories. Making headlines this morning, spains Prime Minister getting backing for his austerity drive. The vote removes a potential obstacle for him asking for a bailout. The timing of any spanish bailout is still uncertain, of course, and well have more from Ross Westgate in just a few minutes. Japans exports tumbling by 10. 3 in the year. Sharpest decline since the aftermath of last years earthquake. Meantime bank of japan is cutting it
Discussions is the fiscal cliff. The annual meeting of the securities trade group is taking place in new york today. And the looming risk the u. S. Economy is sure to be on the agenda of participants. Well be joined by a few of those this morning. Including gary gensler. Chet heick will also be joining us. On the lighter side of thing, well have a rock star among us this morning. Yeah, we mean this literally. Not just the rock stars we usually have. John popper of blues travelers will be joining us on set at 8 40 to talk about the business of music. But first, lets get over to joe. You have some breaking earnings news . I do. At about six numbers for dupont. Ill give you the one that is comparable to expectations. And that is 44 cents which is versus 46 cents for an estimate. But first the company said it posted a lot of a nickel from continuing operations. Then it said it was 32 cents excluding items. And then it said the bottom line was actually a penny, but excludeing everything, it
The third in four years. Well have more details in squawk sports a little later this hour. But notre dame didnt show up at the beginning of this game. No. Alabama was the superior team. I didnt see a single inning. A single inning . You didnt make it to the ninth . Those rednecks spanked those catholic boys. Thats i watched the first half and then went to bed. I think a Rutgers Notre Dame game might have been better for the viewing audience. It was a bad, bad first half. The s. E. C. , you know, theyre looking for somebody to come in that can give them a decent game. Im telling you, they were the only team that showed up. Alabama, they deserved this national title. Yeah, but they got beat. Johnny manziel beat them. But they looked so good. Weve seen other teams, lsu has played them tough. Im telling you, alabama is lsu played them tough. People say notre dame didnt play anyone. Notre dame beat michigan, michigan state, stanford, oklahoma, usc. There were some squeakers in there, though
Higher to the tune of 1. 7 . One auto expert is saying stay away from the stock and the vehicles because of a string of bad crashes recently. That includes one instance where a tesla was split in half. Are her concerns valid . Well hear both sides of this debate. Heres a reality check for all of us. Are you financially smarter than a 15yearold . 15yearolds in 18 countries, including here in the u. S. , were tested for their Financial Literacy. The results for the American Kids were mixed. Well tell you about that coming up. In the meantime, find out how youd compare throughout todays program. We will be asking some of the very same questions that those 15yearolds had to answer in that Financial Literacy test. See if you can get them right. Heres where we stand in markets now. Dow up about 78 points. It hasnt reclaimed the 17,000 level it punched through last week. The s p 500 is up about 8. 5 points. 1972 is the level there. Nasdaq up about 25, bill. Kelly, we have a cast of thousands
It is both a military mess and a political mess. Embattled iraqi Prime Minister Nuri Al Maliki made his first Public Comments since the u. S. Air strike, saying he will not step down. He says he plans to file a legal complaint against the new president for a clear constitutional violation. Troop movement overnight in baghdad had people wondering, is a coup under way . Is he starting one or preventing one . This is video of fierce fighting on the ground in iraq yesterday. Helped by u. S. Bombing raids, the Kurdish Forces overtook isis. Well have a live report from erbil, the capital in a few minutes. Scott has our top stories. Kinder morgan consolidating assets in a 44 billion, bringing all of the companys publicly traded units under a Single Corporation, rather than the current Master Limited partnership structure. Buzzfeed is expected to announce a new cash injection today that could value the company at about 850 million. The New York Times reports the online media startup just close