Certainly the call volume has accelerated today. Over 11,000 have already traded halfway through the day. Thats way over open interest. So i jumped in here. That does it for us. See you tomorrow. Power lunch starts now. Half time is over, power lunch and the second half of the trading day starts now. Scott, thank you very much. Its the biggest day for earnings so far this year. Big names reporting all day long. We heard from some of them. That could tell us a lot about which way the market is heading. Verizon, ibm, j j, google and travelers all on tap. So is the gop about to cave on a debt ceiling deal . We may know a lot more soon. Theres a plan floating around washington, stop lawmakers pay if theres no solution on the debt ceiling by the deadline day. And this guy, hes teed off, the golfer phil michakelson tee off over his taxes. And hes not going to take it anymore, or is he . Sue herera is live at the new york stock exchange. Earnings are front and center with j j, dupont, travele
Its got to leave, though . I think so. Conceptually you would hope someone could reform. But when you look at what hes done, the signs arent good. He hasnt changed his pay. They give an indication of a ceo that doesnt care about shareholders. Thank you for coming in today. Make sure to join us tomorrow. Right now its time for squawk on the street. Good tuesday morning. Hope you had a great threeday weekend. Welcome to squawk on the street. Im carl quintanilla, with melissa lee, jim cramer and david faber here. Fiveyear highs last week, europe had strong Investor Confidence numbers in germany. But actually, was disappointed in the bank of japan. Which well wait until next year before it targets a new inflation rate of 2 . Our road map begins with what cramer calls the most important earnings week of the year for the quarter at least. A parade of dow components starting with verizon. A 12 cents miss dragged down by superstorm sandy. Dupont 2013, a cautious year with the slow growth world
Welcome back to squawk. We have odd breaking news this morning. We reported earlier today that home depot and excuse me, office max and office depot were merging. Theyve taken that press release back. Apparently the negotiations are still ongoing. This according to dealbook. Well find out more throughout the day. Thats where things stand as we speak. Robert wolf has been our guest host. Thank you for being here. Its been a lot of fun today. Well see all of you tomorrow. Join us tomorrow. Squawk on the street begins right now. Good wednesday morning. Welcome to squawk on the street. Im melissa lee, with carl quintanilla, jim cramer and david faber at post 9 here at the New York Stock Exchange. The day after we broke a lot of records for the u. S. Markets, were looking at an update for the dow. The s p looking to give back just a little bit, along with the nasdaq. As for the picture over in europe, some comments from germans chancellor Angela Merkel about the euro saying between 130 and
Universities. There could be more to come. The president and chancellor at the university of missouri stepping down in a storm of protests over alleged institutional racism, protests that continues as we speak. Its been growing for weeks with people statewide and nationwide watching. One grad student launched a Hunger Strike and this weekend may have been the decisive blow. Members of the Football Team that brings in millions of dollars of revenue said they would boycott games until University President Timothy Wolfe designs. This arch afternoon, he did. My decision to resign comes out of love, not hate. Elected officials weighed in and all sides of the issue then came new pressure on the University Chancellor to resign, as well, and he did. In a moment, the grad student that launched the Hunger Strike joins us. Some people considered him a dead man walking when he started. First kyung lah with the latest. We not going to move on reporter youre watching a protest at the university of m
And all sides of the issue then came new pressure on the University Chancellor to resign, as well, and he did. In a moment, the grad student that launched the Hunger Strike joins us. Some people considered him a dead man walking when he started. First kyung lah with the latest. We not going to move on reporter youre watching a protest at the university of missouris homecoming parade and the red car is tim wolfe. These students are protesting what they say is a pattern of racism on campus and ineffective response by the universitys leaders eventually counter protesters get between them and president wolfe. Do not engage. Do not engage engage. What the [ bleep ] are you talking about. Reporter wolfe does nothing to address the protesters and the police break it up. Lets go. Dont give them conviction like this. Reporter the incident a result of what students say was inaction by administration to address racial incidents on campus. Tensions started to boil over on campus in mid september w