Largest cash bid on record. We have both ceos joining us live in just a few moments. Our road map, return of volatility. What investors like carl icahn said how to navigate this market at yesterdays delivering alpha. Wells fargos ceo telling jim cramer he will not resign over abuse of account activations. Apples new operating system out and update getting mixed reviews. Also, tim cook out defending the new iphone 7. The stock saw a nice boost yesterday despite some big losses in most of the market. What will today bring . But first up, futures moving higher after three straight sessions of triple digit swings amid some falling oil prices, concerns about a potential fed rate hike despite tuesdays selloff apple was in fact the bright spot up 2. 4 for the best day since july. But then late yesterday at delivering alpha carl icahn offered that blunt assessment of this market environment. I think there are tremendous risks. But i think anyone thats going to tell you its going to go down tom
points. let s get to bob pisani. over to you, bob. reporter: it was a tough week. but tougher in the middle of the week, maria. that s the clear point here. put up the full screen. the main theme, it s pretty simple, interest rate risk. that s all anybody was talking about all throughout the week. we had a lot of problems with emerging markets hit hard. not a lot of growth out there in the global economy. bonds were hit in the middle of the week, but recovered late in the week. the dow jones industrials, the bottom line is this, when the imf came out just prior to 11:00, lowered the growth rate for the u.s. economy in 2014, markets took a little of a droop. it doesn t normally do that on imf commentary, but that did happen today. when i say it s a tough week for emerging markets in japan, the s&p is down a little bit for the week. told bonds, agg, that s actually up for the week. a little bit of a rally. emerging markets, the eem, and japan hedged equities, japanese stock m
susie: good evening, everyone. oil prices fell by the most in a week, but don t start celebrating yet. tom, many other factors are affecting supply and prices. tom: susie, the main reason for today s drop in crude: talk of some western nations possibly tapping in emergency oil reserves. so in new york trading, crude futures fell $1.92 to close at $105.41 a barrel. that decline in oil puts pressure on energy shares, which contributed to a down day for stocks. the dow lost 71 points, the s&p slipped seven, and the nasdaq fell 15. susie: meanwhile, gasoline prices are still moving higher. aaa said today the average price of unleaded gas is now $3.91 a gallon, that s up 19% this year. and prices could go even higher in the coming months. suzanne pratt has the story. reporter: a funny thing as in funny, weird is happening in the u.s. energy market. demand is down, and that s no surprise given prices at the pump are at ten-month highs. what is a surprise is that several
susie: good evening, everyone. oil prices fell by the most in a week, but don t start celebrating yet. tom, many other factors are affecting supply and prices. tom: susie, the main reason for today s drop in crude: talk of some western nations possibly tapping in emergency oil reserves. so in new york trading, crude futures fell $1.92 to close at $105.41 a barrel. that decline in oil puts pressure on energy shares, which contributed to a down day for stocks. the dow lost 71 points, the s&p slipped seven, and the nasdaq fell 15. susie: meanwhile, gasoline prices are still moving higher. aaa said today the average price of unleaded gas is now $3.91 a gallon, that s up 19% this year. and prices could go even higher in the coming months. suzanne pratt has the story. reporter: a funny thing as in funny, weird is happening in the u.s. energy market. demand is down, and that s no surprise given prices at the pump are at ten-month highs. what is a surprise is that several
susie: good evening, everyone. oil prices fell by the most in a week, but don t start celebrating yet. tom, many other factors are affecting supply and prices. tom: susie, the main reason for today s drop in crude: talk of some western nations possibly tapping in emergency oil reserves. so in new york trading, crude futures fell $1.92 to close at $105.41 a barrel. that decline in oil puts pressure on energy shares, which contributed to a down day for stocks. the dow lost 71 points, the s&p slipped seven, and the nasdaq fell 15. susie: meanwhile, gasoline prices are still moving higher. aaa said today the average price of unleaded gas is now $3.91 a gallon, that s up 19% this year. and prices could go even higher in the coming months. suzanne pratt has the story. reporter: a funny thing as in funny, weird is happening in the u.s. energy market. demand is down, and that s no surprise given prices at the pump are at ten-month highs. what is a surprise is that several