To bring back glass siegel. Coming up. An Advisory Panel reviewing valent drug right now. The previous reports showed that it influences suicidal thoughts, the drug. More big earnings after the bell. Latest numbers of microsoft and united as soon as theyre out and bring you instant analysis. The netflix, of course, story being the big mover of earnings yesterday still so stay tuned for all of that next hour. But lets start with netflix. Shares plunging today as the Company Reported last night. On kellys watch. The big disappointment came in the slowdown of user growth. Thats the metric that everybody watches in this company. The company added fewer new subscribers than was expected, even than they forecasted and they blamed planned price increases for that slowdown in new users. Is netflix losing the Pricing Power . Lets ask Rob Sanderson joining us with will power. Guys, thanks for being here. Rob, what does this mean for netflix . Are they just not able to keep people around . Yeah.
Major auto dealer. Energy is one of the biggest losers with oil falling again. Its entering bear market territory. Well talk what impact this could have on the broad market coming up. Plus this is very interesting, the ceo of one of the hottest and most anticipated biotech ipos of the year, the company is looking to take on genetic diseases with its so called Gene Editing Technology. Well talk with the ceo coming up. After the bell its all those earnings you mentioned, alphabet, amazon, well bring you instant analysis as soon as they cross, especially after facebook and ford. Theres so much riding on how these companies do. Lets start with the earnings season hitting the halfway mark. Bob looks at the highlights of the first half and what we can look for in the second half. Important thing, bill, is we are Getting Better. The bad news is were not Getting Better very fast. Lets look at the score card. 55 of the s p 500 reporting were down 2. 8 . Earnings on average down 2. 8 . Thats bet
Commodities will join us. He sees a 40 rally in natural gas. Thats not great if you heat your home with it. He also expects a rally in oil. The northeast is bracing for a massive storm, folk. Could Hurricane Joaquin be another Superstorm Sandy . We certainly hope not but we are tracking it all for you. We begin with investors and theyre beginning the new quarter in the red. The latest disappointing manufacturing data from the ism is adding to the weakness. We have the dow down by 164 points. The s p 500 is currently down by 14 points. And the nasdaq off by 45. Were also watching very closely, folks, over the course of the next few hours yields on the 10year note because were sitting at 2. 032 . So close to dipping back to the 2 even mark, maybe even below it after that is m number. Bob pisani joins us from the floor of the Stock Exchange. Hey there, bob. Well, it started okay, mandy. We kind of gapped up in germany and in the u. S. Lets take a look at the s p 500. But that faded very,
It is a monday here in new york city. I am Erik Schatzker. I am Stephanie Ruhle. You are indeed. Butver the weekend, not one two producers celebrated their birthdays and neither one invited eric or i to celebrate. What does that say about the Market Makers team . We are going to begin the show with the top stories from around the world. In hong kong you have probably seen the footage already, thousands of protesters jammed the streets and battle with police. Police used tear gas and pepper spray on these protesters, who are angry about chinas plan to control the 2016 leadership election and what they say is a broken promise when hong kong was returned to the chinese. Ears ago another shakeup at american apparel, the struggling clothing chain. An interim ceo has been named. He has had other in terms jobs for retailers. American apparel is looking for a permanent ceo to replace their ousted ceo. To a persong familiar with the matter Investment Bankers are barred from trading individual s
In many ways that was the story yesterday. That incredible drop in Interest Rates we saw falling below 2 briefly. 2. 047 . Again, crude oil almost 25 off the highs of june, i believe it was. Wow. These are two stories favorable for consumers, even though we did get that retail number that got people scared. What is that about this positive spin . Mortgage rates and gasoline prices are important things. They both are coming down sharply when it comes to the consumer. Jobless claims today. Jobless claims are amazing. 1 trillion cut for the consumer in oil. Refis. A tremendous number of people at 5 that can refi and a tremendous disease that can kill people in our country. And fear moves markets. That fear may be real but not necessarily rational . I think when the government creates confidence, its not rational. I think the government created a lack of confidence in its response. How much will the market move . Yesterday we had so many Different Reasons we can cite. How much is related t