Im brian sullivan. It does remain an uneasy market. Investors a wee bit nervous ahead of next weeks fed meeting. Next wednesday is when we get the rate decision. The dow a little change, slightly higher today. Not bad. Oil, though, sliding again, inventories once again a concern. All the major oil stocks are lower today. Melissa . Im melissa lee. Heres whats happening at this hour. Heather brash will appear before the House Oversight committee next week to discuss the price of the epipen auto injector. It expects to complete the takeover of monsanto by the end of next year and roughly 6 Million People from florida to georgia are under a Flash Flood Watch as Tropical Storm julia moves up the east coast. Welcome to power lunch. Im michelle carusocabrera. Dangerous, risky, bubble, some of the biggest names in the financial world weighing in at yesterdays delivering alpha conference saying storm clouds on the horizon for global markets. Storm may already be here. You can look at the enviro
Microsoft and alphabet last week and debate whether apple can turn the tech story around. Global debate about apple. More on that in just a bit. Valeant getting a ceo the same week Michael Pearson is to testify on capitol hill. Also argentinas return to the bond market. Kay kelly will return and tell us what it means. After the bell, well discuss why nikki sixx is calling on president obama to go after youtube. You have nikki sixx and youtube, only on closing bell would you have that. We start in saudi arabia today. All right. We dont start in saudi arabia. So lets go to our cnbc Closing Bell Exchange with the dow down 61 points. Joining with us we have rob weiner, ben willis and Rick Santelli checks in from chicago as well. Ben, the tradition lately has held leading up to a Federal Reserve meeting that the market tends to rally. Not a hard rule but that typically is what happens. Is Something Else going on . Something else is going on. When its the fomc by itself but the problem Centr
People. And, rick, the dollar index, investments. I know you say watch the close, find out more why hes still betting against china in an thats most important, but it hit a low that we havent seen exclusive interview with our david faber coming up. Also markets down big today since october of 2014. The trend still seems to be in and clorox shares are up higher, place right now. 2 now. It was up 4 earlier on the back of earnings, plus theyve absolutely. Announced an acquisition. Even the fact that it did a mild well talk about all of that and uturn, its still higher than how basketball star steph curry yesterday and yesterday is your is helping cloroxs bottom line. Comp going back. It doesnt change much. And after the bell, cbs kicks off a big week of media actually it isnt even the level as much as it is how were earnings. Getting there. Wheel bring you those numbers and even my rollercoaster and hear from less mun vez on analogy. The problem is its been stopping at various points with
Jon and kayla. Kale aa having just interviewed john stone ed lee joins us as well, managing editor of re code. Busy day. Markets getting a little volatility. Were getting auto sales all through the morning. Right now we have breaking news from toyota. Phil lebeau has that in chicago. Phil. Carl, tale of two automakers. Lets start first with toyota. An increase in november auto sales. Well above expectations. Up 12. 4 . The edmonds. Com estimate was for an increase of 4. 9 . The best black friday sales in eight years for toyota. Thats what was driving strong numbers last month. Meanwhile, weve also gotten a peek at what november was like for volkswagen. We knew it would be bad, but im not sure people were expecting it to be this bad. Sales plunged 24 last month. More than double what most people were expecting in terms of a decline. What was driving it . A drop in pasat sales. Up more than 60 . All of this tied into the stop sale order on those tdi diesel vehicles. Those versions of tho
Greg the mets. Take that, chicago. Rosanna Daniel Murphy. He is unbelievable. A day off today. Tomorrow. Game three in chicago. Rosanna and to fire into violence in israel. Greg new york city. A number of complaints. We have a real problem with rats. Rosanna you want to know my theory . Rosanna there is a lot of construction. Late side. Steve lacy and Anna Gilligan are now man and wife. Rosanna it was really lovely. Greg i took this picture from the back. Rosanna are you allowed to do that . Ceremony. It went right into the reception. Rosanna this is from Steves Facebook page. Greg you told me you were going to delete that picture. Greg a lot of fun. We wish anna and steve, they are a great couple, lets face it, they were made for each other. Rosanna mike. Good time charlie. The party continues. He was just a guest. Greg any big highlights . Rosanna i thought that it was beautiful. Rosanna they invited the person who found the pocketbook to the wedding last night. Greg sunday night fee