A selloff in the markets. Another 1 move to the downside. Thats three in five sessions, actually. The fed minutes, as we said, coming this afternoon. Yum cutting its forecast for the year. The scandal in china continues to weigh on sales. Jcpenney is holding its investor meeting today. The stock has almost doubled since february. Is jcp really back . More retail numbers today. Costco earnings are out. Theyve beaten estimates on the top and bottom line. First up, stocks are looking to shake off Global Growth numbers. The dow suffering its worst day since late july. The s p falling 1. 5 , settling at the lowest level in almost two movanths. The worst day for transports in about eight months. Oil today below 87. If cramer were here, he would say that is pointing to real demand concerns around the globe. A sign, as you say, of just slowing growth around the world. Thats the key. When you talk to people this morning as i did or even late yesterday, first thing they catch is oil. Down today
The company doesnt yet have any comment, hasnt been responding to calls or emails. That Third Party Website was shareholder. Com. Guys, weve been looking through the numbers. If you check things out, it was a fairley thorough release. They look at Net Interest Income of 11. 1 billion. Noninterest revenue of 13. 14 billion versus the street count numbers at 12. 80 billion. They dig down, you can go all the way through each of the segments. Net revenue was down 2 for the corporate and Investment Bank, also down 2 for commercial banking, down 1 for consumer and community banking. We have not been able to confirm with the companyist, but these are the numbers. You have the numbers being compared. Necessary are different than the estimates. So when people were putting it together with jpmorgan its probably fairley complex the way that yeah. And i think he goes, ive got it all in here, now let me just say this. You know, is there a difference between save and send . Things happen. This happe
There its closed in observance of the columbus day holiday. Our road map this morning starts with, of course, the markets, attempting a fresh start after logging one of the worst weeks of the year. Looking ahead to financial and technology earnings. The first case of a person contracting ebola on u. S. Soil has been confirmed. A complete report in a few moments. Fear cry automobiles marking the return of a chryslerrelated stock no the u. S. Market. In the meantime, new era here at cnbc. We have a new look debuting today from our ticker to market boards. Youre going to see different looks through the day. Your chance to get closer to Sara Eisen Simon hobbs funny faces. And figure out whats going on in the corner of the screen at all times. Bulls hoping to put a week of worries about Global Growth behind them. Dow falls 2. 7 , erased gains for the year. For the index people care about, the s p and nasdaq, they had bigger losses, suffering its worst week since may 2012. Earnings seasons r
Case of something called the bubonz. Im not sure im pronouncing that right. Its apparently an illness that only effects people from new jersey. He should be back tomorrow, but sent me a picture in the meantime. Im sorry. Thats a photo of me. Thats the moment i found out i had to host the show tonight. But weve got a Great Program tonight. Our guest tonight is actually wyatt cenac. [ applause ] the cenac attack. This is a crazy few days. A week ago, i officially became an american citizen. [ applause ] for those of you who dont know, i was born in canada. I know, what was i thinking. But as an american, i now have the sick red right to participate in elections and to vote. Obviously not next month because bleep . Im geared up to pick a president in 2016. Traditionally, the Vice President gets the next at bat. Give me a little taste of mr. Joe biden. Another verbal faux paux from Vice President joe biden. Thats fine. It could have been worse. Could have committed a fashion faux paux. I m
But first, midterm fever, baby. Sweeping the nation. Its just like ebola. Except way more expensive. laughter with three weeks to go, it is estimated 5. 5 to of. 6. 5 billion dollars will be spent on the campaign. Or to put that in laymans terms, enough money to hazmat, suit up, every man, woman and child in america and silkwood shower those [bleep] till election day. Lets do it. Lets do it. applause one group in particular, very up set about the influence that money has on our politics. We must reduce the role of money in politics. Stem the core rosive influence of money in politics. The corrupting influence of money. The unending chase for money threatens to steal our democracy itself. Jon my advice to democracy, is that we could end this chase for money, by having democracy marry a condiments heirress. It, wod for me, but move along, ketchup is taken. laughter perhaps i could set democracy up with bette poupon. laughter whos the heir to the i just like doing his voice. The democrats