Testimony of former fbi director james comey, the upcoming election in the and yunited kin and next weeks stock numbers. Investors bought bonds, and gold prices hit their highest level in months. First, the Dow Jones Industrials fell by 47 points, closing at 21,136. Nasdaq was down 20. S p 500 dropped by six. While investors are not making any big moves, Business Leaders are optimistic. Ceos are more confident than theyve been in years. Kayla ten ocloausche has more. Reporter each quarter, the ceo roundtables survey showed a reading after a big jump in march. On capital spending, they expected small increases. The plans for u. S. Hiring in the next six months actually dropped. As did the outlook for this years gdp growth. Now ceos expect 2. 0 gdp for 2017, down 2 . Josh bolton, former chief of staff for george w. Bush, said that optimism is based on potential tax reform. U. S. Businesses remain optimistic, he says, but there is also a potential downside from failure. That should add to
When the ebola has been such a big concern for many, including politicians who in some cases ran campaigns on ebola, we have have thethe senate opportunity to confirm a Surgeon General for this country. There are a number of nominations that must work its way in before the end of the year. We believe that we heard the public right. We will stick to trying to help as much as possible all those families that are survived the difficult times as a result of the wall street crash. We will focus most importantly on the middle class. We can build on the more than 10 10. 5 million jobs created over the last 54 months. We can hope to continue that progression of more than 200 thousand jobs created for the last nine months we continue to have more americans with Health Security that we take for granted in this room. We learned just recently that we have the highest rate of High School Graduation in our country ever. We saw that five states, four of them red, the people in those states said, we s
Guest they are here, working, and it would be in our interest as a country to bring them online. They need to learn english and pay a fine and pay taxes, which will help contribute to the economy and solidify programs like Social Security and medicare. I think these are all net benefits for why we should allow them to work their way into the country legally. There is no way we will round everybody up and throw them out of the country. That makes no sense. There is no way to do that and we shouldnt. The reality is they are here, and what will we do to resolve this situation . We need to sit down and have a thoughtful discussion about that. You need to learn the language and pay a fine for violating the law, and start paying taxes. If you do that, you will now be a contributing member of society and over several years, you start achieving some of those objectives, come into the country, welcome to america. Host new jersey, democrats line. Caller i am concerned about income inequality, a
The need for the president to do anything. Speaking of the appropriations bill, if it comes to that, however, wouldnt this be different where they say, wait a minute, the president took this action and created this problem and then maybe in the court of public opinion, it is different than the standoff last fall . I will others respond, but i will say this. To impose ultimatums at a time when the president said lets Work Together i think would be a bad way to start a new session of congress and continuing the lameduck session. The president said if Congress Acts i will stand down. I would not need to act. But short of congress acting, and in six Years Congress has not acted. Republicans blocked votes on immigration. He is prepared to do what he can, as he did two years ago in an action i think most americans would look at and say it made a sense, in differing youngations for these people graduating from college and trying to serve in the military and all the rest. My sense is that all
Sue is here in Englewood Cliffs today. I am, todd. Good to see you. Were going to start with possible signs of a downturn. Bob pisani has one piece of evidence. Jackie de angeles the other. Ice brent down 10 . Good afternoon, sue. Certainly not pretty when it comes to crude oil. Couple of factors here pushing these prices down. The first would be that Global Supply right now is surging. In opecs monthly report issued this morning, total output actually went up even though saudi arabia cut its production by 400,000 barrels a day. You have the libyan supply coming online to balance things out. In that same report, opec said its cutting by 50,000 barrels per day. When you look at the Energy Sector and the etf in energy, you can see there are declines there but they are less steep than the prices weve seen the declines weve seen in crude prices. Mentime in terms of the energy stocks, lets look at three months. Lets look at exxonmobil, chevron, and bp. Not as bad as the actual prices. And t