Its up another half a percent. Well get disneys earnings after the bell today. Apple is thought of as sort of the lead dog. Its the Largest Company out there. I think disney is the company to watch these days. What a performance it has turned in. Meanwhile, aetna out with earnings this morning. Its getting a big boost from medicare and medicaid these days. We have a first on cnbc interview with ceo mark bert bertolini. Breathtaking consolidation in that industry. Really looking forward to that. Also rock star and actor Rick Springfield is joining us at the New York Stock Exchange. Well talk about his latest film with meryl streep and what he thinks about taylor swifts harsh words for spotify. Ring springfield has sold 25 million albums in his career. Thats a lot of potatoes. Im sure he has some comments about streaming these days and whether or not that is a way for a musician to want to get paid whether the compensation is enough. Taylor swift says its not. As soon as you said he had
Weekend. Greece wants the bailout talks to be done by early tomorrow at the latest. The key date to watch, folks, august 20th that is when greece has a repayment due to the ecb. And gloomy data on trait inflation. Investors show that beijing is about to roll out more stimulus. And watching oil. Prices falling for six straight weeks. Oil slightly low again. The latest lundberg survey shows gas prices down 11 cents over the past two weeks. That puts the National Average for a regular gallon of gasoline at 2. 71. Gas down 81 cents a gallon from last year. The dow and oil have gone in the exact same direction so thats why stock investors should care about oil. You know, its interesting because weve talked so much about how this is a huge tax cut for consumers. You just mentioned prices at the pumps down 11 cents at the pump over the last few weeks. You keep wondering when that payoff hits. We know what its done for highpaying jobs but its been less likely to show up in some of the weaker s
Devastating. Two politics for the president stole the stage at the u. N. General assembly warning north korea, you provoke us or our allies, we will destroy you. General jack keane moments away on that. Despite all those headlines as we say the market in record yet again. More alltime highs expected just a halfhour from now as investors wait for janet yellen this afternoon. Also waiting for word on Health Reform. The gop we are told one or two votes short of getting it done. Three top senators will be joining us over the next three hours. The day for politics. Varney company has got it covered and its about to begin. We are now getting our images of Hurricane Maria headon. As you can see from the map on the right and what is happening on the ground on the left. We spoke to the d. C. Office of the governor of puerto rico and they say, quote, the situation on the ground is catastrophic. Communications extremely difficult. They dont know what condition the infrastructure or communications
Not Much Movement on the face of things. Julie we are seeing another very tight trading range just as we saw, yesterday. Fiveandahalf and a half points is the swing in the s p 500. After a record close yesterday for all three major avenues, any gains today would mean records once again. We are watching the fallout from that executive order on health care that the president just signed and we are seeing a mixed impact. You are some of the hospitals. Here are some of the hospitals. This executive order will create tremendous uncertainty and risk for managed Care Organizations in individual and small group markets, but at the same time, it is going to take a wild to write the rules to comply with this order, and it really is a small portion of the Overall Health care market. That said, we are watching hospitals and the Insurance Companies that are exposed to medicaid. Down, we areing also watching outside of the health care story, what is going on with oil because we had a interesting Wee
Adp in line at 177. And our road map begins with apples iphone sales disappointing. Why the company says future product rumors could be to blame. Private sector hiring slows. Will signs of a cooling job market change the feds potential rate hike plans . And a food rally, mondelez and yum brands beat the expectations. Mcdonalds gets an upgrade at goldman up. The iphone shares disappoint and tim cook said we are quote we are seeing a delay in purchasing behavior that we think is a consequence of the number of rumors and reports about future products. That is happening outside of Greater China. Jim, it will be interesting to watch you get him to expand on that. It is going to be the smallest gap up or down for apple on earnings in a couple of years. Well, look, i think that this is one of those where if we looked at it as a Consumer Products company, wow, they beat by eight cents, look at this return of capital its amazing. But you know what, that is not the way that the street views appl