David 4 1 2 is extraordinarily high or low if you put it that way but put it in perspective. 22 , versus 4 1 2 . It could be a lot worse. Were not in recession. That is another important element in this. We got you covered on after the bell, at this hour, on big market moves, what is driving these markets. What you should do with your money right now. Phil flynn is watching the action from the cme. First lets go straight to Nicole Petallides on the floor of the New York Stock Exchange. Nicole, what are you hearing from traders about tomorrow . Well, tomorrow, right, first of all theyre trying to digest today. I will tell you i spoke with the president of the New York Stock Exchange tom farley, what happened today . Because we dropped nearly 1600 points at one point. We saw exasperated selling in just a few minutes, within ten minutes of selling. His first point, the first point he wanted to make, we saw smooth trading here at the New York Stock Exchange on heavier than normal volume. I
Good morning, everybody. We have got, right here. I maria bartiromo. Top stories right now 6 00 a. M. On the east coast. Markets are off to an ugly beginning of the week worldwide could take a look at futures right now after the horrible selloff on friday. Words this morning the booming economy will drive Interest Rates higher in spark inflation. Industrial average down 129 points in terms of features one half . The biggest oneday decline for the dow since brexit tumbling nearly 700 points in the s p 500 and nasdaq both down 2 down 665 of 65 on the dow. 145 points lower in the nasdaq. Tenyear treasury yields still climbing up to a fouryear high of 225 . As you see there one of the underlying worries. Of course heres to seeing a typical followthrough from what we saw friday on wall street. 5187 points in the dax index down three quarters of 1 . Markets are mostly lower. Nikkei average down 2. 5 . Janet yellen, officially trying to an end as jay powell prepares for his first as chairman
Certainly a good year for studios. Good for the movie business except for tomorrowland. Well wait for the star wars the force awakens set to debut december 18th. Interesting to know when they will release it in china. Why . Because the Chinese Market is increasingly more important with regard to film studios. Well look at espn. That is about 30 , makes up about 30 of the stock price for disney, espn. There are suggestions when they spin it off into a streaming service, basically, continuing with the cord cutting theme. Lots to look forward to in the report comes out, twice. Well be all over it. Melissa absolutely. You mentioned the stock at new alltime high. Up 28 before that. Really richly priced. Ashley, thank you very much. Well get back to you as soon as the number comes out. David disney on a roll. New fox news poll highlighting breakouts and shifts in support for top president ial candidates heading into thursdays crucial gop debate. Blake burman with the numbers from d. C. Blake
Tilt. Divided Republican Party could not deliver the votes to get things done. The president turned to democrats who could, now what . The president is cleared decks crowd of legislative calendar no longer quite so crowded and democrats involved limited tax cutting legislation looks likely to pass the republicans in disarray leadership stunned by the president s tilt conservatives furious democrats got what they wanted they are happy looking forward to december 15 when funding of government will be an issue all over again, sum it up this is a shock to the political system, it is a political realignment, in a moment we show you the markets reaction to all of this irma looks like eastern see board takes the ive got to start with irma, it is still a monster remains category five storm. It looks like it to hit the east coast of florida. Right hand side of your screen storms track on the left, youre looking at long gas lines in florida. As people are try to get out of the way. Mandatory eva
Learn far more about this 23rd Missile Launch by the north koreans. Were also following developments from the Trump Administration. Democrats and the republican establishment trying to drive a wedge between President Trump and his base over the issues of daca, Border Security and the border wall. The intransigents, the obstructionism and paul rye span and Senate Majority leader Mitch Mcconnell compel him in order to move his agenda forward and to get the peoples business done. We are actually witnessing a worsening between the duly elected president of the United States and the power of the chamber of commerce, Business Roundtable and the establishment that President Trump ran against. The gop leadership of the house and senate are clearly indifferent to casualties and the middle class and in the Small Businesses that result from this conflict. Our president s counselors and advisers, i will say, have not guided the president as well as any of us should expect. And mr. Trump increasing