You can see there is a bounce back. A lot of that coming from walmart. 44 points from walmarts deline alone. You can see this morning theres a bit of a bounce back. Dow futures are up by 107 points, s p futures up by 12 and the nasdaq up by 28. A couple of big stories were watching. First data priegs its ipo at 16 a share last night. Heres the bad news, thats below the 18 to 20 expected range. Selling 160 million shares to raise 2. 6 billion in total. It is the years largest Public Offering but albertson was expected to be the years second biggest ipo but the super market chain decided to delay its pricing due to market volatility. Also it could be that the market is now that window is closing. Mobile Payments Company square officially filed for its ipo saying it plans to list on the nyse under the ticker sq. The news comes just a week after square qceo was named ceo of twitter. It reported a net loss in the first half of this year. United health out with quarterly numbers. It Beat Est
As for earnings central, mcdonalds results will be in the spotlight. 8 00 well expect those numbers. It will be a busy week on the economic front. A number of key numbers. The september jobs report. Thats right, on tuesday we get that jobs report we were supposed to get a couple of weeks ago on a friday. Also, well get last months Consumer Price index and then september cpi on wednesday. Our economic newsmaker of the morning on squawk box, Charlie Evans will be joining steve leaseman in a cnbc exclusive. Joe. Thanks. Back to our top corporate story of the morning. Jpmorgan coming up with a settlement. This is mandatory reading. Im going to talk about it later. Well let you do your report and then well talk about what it means. And then we can go for it . Then we can go for it. After weeks of tense negotiations with the government, jpmorgan appears to be very close to a resolution to the tune of about 13 billion, which is a bit more than expected originally. In a phone call friday night
Good to be with you, im annemarie green. Donald sterlings hope of maintaining ownership has taken another hit this morning. This weekend, sterling made his first Public Comment since being banned for life from the nba for making racist comments recorded by his girlfriend. In an interview with cnns anderson cooper, he said hes not a racist and his remarks were a mistake. Im here with you today to apologize and to ask for forgiveness for all the people i have hurt and i have hurt so many people. By the end of the interview, sterling went on the offensive against an nba legend prompting the league to issue a new apology. Marlie hall is here in new york with more. Good morning, marlie. Good morning, thats right, part of the rant focused on Magic Johnson. During the interview, sterling continued to lash out at the hall of fame player. What has he done . Can you tell me . Big Magic Johnson, what has he done . Hes a business person. Hes got aids. Donald sterling took aim at Magic Johnson, bla
One didnt. If you havent watched it, its a will kane recommendation. Its great to be here in studio f. Right, dave . Studio f. Out of studio h, into studio f. Good to see you. Good to see you. I get the studios mixed up in the fox building. Theres so many of them. Were so lucky. We get to come in when its dark out and we bring the light. [ laughter ] so great to see you both. I was liking studio h. I like that one as well. So big show today and great to see you guys bright and early. Theres a lot to get to today. Several big stories, starting with President Trump. He says hes me medicationfreed a feeling great in the first on camera interview since being diagnosed with covid19. With the next debate now canceled, the president is preparing for a white house event today. Rich edson is live in washington with more on the president s schedule. Reporter this will be his first inperson event since he tested positive for covid19. The president in his first on camera interview says hes feeling
Boxes and whether searchers have been looking in the wrong place for weeks and weeks. The ocean shield is closing in on that same area, even as we speak. Our experts are standing by. Theyre looking at all the new information coming into the situation room. Lets get the very latest from aviation correspondent rene marsh. What are you learning . Today, wolf, a u. S. Navy source telling me reanalysis of Critical Data is happening right hi here in the united states. A couple u. S. Ajeansys and consultants are taking a fresh look at the pinger data. We know crews have centered their search around the four pings believe ed to be from the black boxes. Cnn learned in three to four weeks these u. S. Agencies and consultants are expected to say whether they believe those sounds were from the black boxes or Something Else. Bluefin21 is about to return to the water on its 19th dive. Im still hopeful that well find something in that area. Reporter the underwater drone is going back to the area wher