Decades. Even his wife didnt know about it. Those are some of our top stories on this monday, october 23rd. From abc news, this is world news now. Our top story this half hour is a terrifying alleged plot against a south florida shopping mall. Officials say the suspect was inspired by isis, but working alone. He was caught by undercover fbi agents and informants. We get the latest right now from abcs Adrienne Bankert. Reporter the fbi arresting an alleged bomber in an undercover sting Operation First reported by the miami herald. 53yearold Vicente Solano in federal custody after allegedly planning to blow up a huge Shopping Center with what authorities call a weapon of mass destruction. He had reportedly targeted the dolphin mall just west of miami. Authorities say solano acted alone, planning on detonating a fake bomb obtained from undercover agents, later talking with a confident informant who contacted the joint Terrorism Task force about the attack plans. Authors say theres evidenc
Semi conductors upcoming. Stocks are low and lets go to the go function. It is earning with the dharma dominating center today. We are seeing money move to the sovereign bond space yield. Today wasece of data retail sales from the Retail Consortium falling the most in seven months in october and indicating continued caution amongst consumers this week before the crucial Christmas Shopping season. Sales fell on a like for like basis of a cell and total terms. Wage growth is where it comes for u. K. Workers coul. Also the Broader Market this year. Consumer behavior is subdued. This is the bloomberg greed indicator. Not enough to keep investors. Ptimistic on the pound pi this is our indicator of momentum in market sentiment, dropping below zero after they raised rates for the first time in a decade, without saying a plan to tighten in the future. You have got some breaking news. Vonnie Robert Mercer, the Hedge Fund Titan that helped to elect donald trump come has been pushed out of Renais
Good winks morning, welcome to squawk alley, cart qui ca quintanilla with jon fortt stocks off the lows, down triple digits a few moments ago on the session. Watching to see if this dip gets bought in the middle of the day. For that lets get to bob. Still down, off the lows, s p up 10 points from the open lets look at the sector, still defensive but moving to the upside banks a big down open but you can see they have moved in positive territory, telecom only sector on the upid. Cyclicals on the weak side weve been talking about slowdown in the Global Markets in the last six or seven trading sessions europe on the downside, stock 600, s p of europe nikkei, s p down 1 since november 6th russell 2,000. Weve been talking about high yield always weak point. We asked our friends what happens when high yields declines 4 in a month were not down there that far yet. The high yield index, those etfs declined 4 . Usually follows them about were not there yet. This is a good indication high yield
Swamp. He is successfully dominating the news cycle in a positive way. Now, look at the deal making. 200 billion dollars worth signed already. Energy, armaments, infrastructure in america, boeing, ge Power Generation equipment and another quarter trillion dollars in arms deals expected in next ten years, enormous dollar numbers. The media, not happy. They want to concentrate on the president s political troubles back home. Investors encouraged by the deal making and the switch away from political turmoil. The dow is going to go up just a little when the trading day begins. Maybe 30, 35 points, but remember, please, despite it all were only a couple hundred points away from the dows alltime record high. Varney company, monday morning, about to begin. All right. This coming in from the Auto Industry. That man right there, mark fields, ceo of ford, he used to be ceo. Hes out. Im going to say that he was fired. What youre looking at on the righthand side of your screen is the stock since,
Biggest number was online sales, addly, up 22 . Im seeing what youre doing here. Interesting there. Gaining after the bell moved higher as a result. Energy, big laggard, ironically, after the oil prices dropped, oil stocks went with it after opec extended Production Cuts another nine months, look where there may be opportunities in this particular market. Could this be opposite . Getting worse throughout the session, it feels like, with energy today. Yep. The stock that wont quit, amazon closing in at 1,000 mark per share, its at 996. A fund manager, why hes trimming positions. Fun fact, jeff bezos will be the richest in the world when amazon hits 1,000. Exceeding bill gatings at that point. Wow. Diesel pickups rigged to pass emissions tests, but shares hit, down roughly 2 on that story. We have the full story coming up in a little here. Tax reform seems to take a backseat to health care for the moment. House ways and means chair kevin brady joining us and whether he and the white hous