Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen im wilfred frost you wore the right color today for halloween. Its coming off more orange but it looks red we could have dressed up like everybody else not quite the thing to do at 5 00 a. M lets get to the markets. After tremendous month were capping off for u. S. Stocks especially the dow well go over some of the month to date figures. We will end on a strong note dow futures up 21 points in the early session. S p futures up 1 nasdaq futures up 11 after we saw a pull back in yesterdays session. But it has been a tech fueled rally on the back of some stellar earnings the dow up 4 for the month. S p up 2 tech sector having its best month in years as for the tenyear treasury note yield yields have lifted throughout the month. Its been a story of stronger dollar and better yields theyre backing off this morning. 2. 36 so back below 2. 40 on the tenyear yield they moved a lot yesterday on talk that the tax reform policy co
Then he apparently, according to multiple sources who told wnbc, he deliberately targeted a bus with schoolchildren on it. That is why the front of the truck is so damaged. He got out of the truck. We suspect that is the suspect he ran across the west side highway, multiple lanes, stopping traffic if you look closely at the video it appears as though he has something in his hand. Police are identifying that as a weapon that they now know is a fake weapon, it was not a real gun. But they were far enough back so that they could not tell they fired on this gentleman who we believe is the suspect, wounding him he is still alive and in custody. We do not believe there are any other suspects it is considered and being investigated as an act of terrorism. The west side highway south of 20th street is closed as they continue to investigate the situation. All of the feeder streets that lead onto the west side highway have been closed and will remain closed for some time the two main schools tha
Bill will energize businesses, giving a average family of four 1200 bucks with a tax cut. Not everybody is on board. President trump making his choice, announcing the pick to lead the Federal Reserve at the white house moments ago. Is he just janet yellen with a tie . Or is he going to remake the fed . The biggest names in technology continue, to fuel the market rally. Apple is reporting profits this hour and it is expected to be another blockbuster quarter. Numbers that will move stock prices tomorrow in just moments. Among our guests, republican congressman, mike kelly, member of tax writing house ways and Means Committee. He met with the president a few hours ago. Grover norquist, mr. Tax cut, americans for tax reform president , is is he for or against . Lance ulanoff from mashable who will give us a sneakpeek at the new iphone x before it hits stores tomorrow. Melissa filing your taxes on single piece of paper. President trump promising to simplify the tax code and give you a huge
There now. Very comfortable numbers. 70 in potts town, 69 in allentown. 72 in mount holly. 72 in philadelphia and millville. Were going to have a big shock to the system tomorrow because were going to be lucky to make it out of the 50s across much of the area tomorrow. Nothing showing up on Doppler Radar. We have a front thats coming through, but the shower activity is just bumpyiing into our dry r mass. Well see the clouds coming through and well see sunshine tomorrow. Its going to be sharply cooler by about 15 to 20 degrees. Locate your fall jacket. 58 in philadelphia tomorrow, 56 in Lehigh Valley and 61 along the jersey shore. On sunday, we could see some rain, especially in the morning. Well be back into the 60s when i come back ill talk about how this could affect the eagles game and we have to talk about next week. Its going to be an interesting roller coaster ride ahead. We learn today that frank r r rizzo statue is being moved to a new location. Right now its in center city. It
Broken out of the area and expanding faster than any time in the last ten years in my opinion, this is largely as a result of a trump presidency. Got is. Now look at this 900 billion that is how much apple is now worth. It is the most valuable company in the world. And this is how the stock will open today. A new high their profit reports late yesterday blew everybody away. Cant resist one more or very big number. Two p 268. 9 billion dlars how much cash apple has more than any other company and more than most governments. Got it. Stocks across the board theyre going higher this morning but not much but tax plan son the table good for business. Investors like this and they really love a physical profits not a bad way to start a friday. Varney company is about to begin. Big, big day for politics, of course, the money look at this President Trump i think hes if to leave. Joint based andrews hes headed to hawaii first that starts his trip to asia the longest president ial trip to that reg