Shooting was stopped on the 32nd floor of the Mandalay Bay Hotel. That suspect was confronted by police and is now dead rumors of other shooters are false. The only explosive device was used by police to go after the suspect who has been taken down. They identify the suspect and did not release his name yet theyre looking for his roommate, a woman named mary lou danly. In the meantime, lets get a check on the markets up again this morning i was talking with wolf earlier about the trump trade. The dollar, the yield today sharply higher up 31 points. Yield curve is widening a bit, too. Steamening, yeah. You saw 14 so far for the year for the dow. 14 . Remember mid to high mid single digit return is what people have been saying. Better than the nasdaq closing at record levels on friday. Good quarter. Got a quarter left october, november, december. Maybe we still do only get 7 but we have to be down the and the trump trade is back on i guess the introduction of weve got an idea what the tax reform would look like i dont know what the prospects are. If you just listen to the noise from mainstream media, all you need are republicans overnight the asian markets were closed for a Public Holiday. European equities. If we take a look at crude, thats part of the trump trade, too. If you believe Economic Activity is going to pick up. Want to show you one thing ive never seen this this is from the Washington Post crucial term for the Supreme Court can have many eyes are on not all eyes. Right . Its never all eyes it just never is there are people who cant say who the Vice President is. There are times where we think in the media that all eyes are on. I think less than many. A few eyes. Ive never seen them. You know why . Its because it looks better if it was all eyes they wanted to make it look oh, this wasnt the rate. The Washington Post would never admit the whole world was surrounded by the beltway. News on the front page, they talk about international stories, whats happening in spain. They better catalonia theyre not going to get the chance catalonia has overwhelmingly voted for independence from spain with 97 of over 200,000 votes counted. The riot police were trying to stop the people from going to the polls. Were going to get a live report from spain you saw that all of the forces in europe were in the green today except for spain which is down by about 1. 2 . Kayla tausche is here with more on that. Reporter we reached out to the white house for a statement or a response to the Las Vegas Shooting well let you know when and if we get that. The president spent the weekends tweeting about north korea secretary of state Rex Tillerson, quote, is wasting his time trying to negotiate with north Korean Leader kim jongun. Tillerson was traveling back and he was laying the groundwork for the visit next month there are several lines of communication open between washington and pyongyang meanwhile, as aid slowly trickles into puerto rico, the president taking a break against the tirade of the leadership of san juan to dedicate a trophy he presented to hurricane victims if you look today and you see whats happening, how horrible it is, but we have it under really great control in puerto rico. Meanwhile the tax reform plan isnt intended to help the wealt wealthy. Well go through the details. As we have them, well have full transparency the president has been very clear and ive been very clear from the beginning our objective is not to create tax cuts for them. Reporter today the president will taut his deregulation agenda hell talk about the white houses efforts to roll back the regulations have saved 300 million in compliance. Becky, that is set to take place in a speech around 11 00 this morning. Kayla tausche well be continuing to look for any sort of response to that shooting as she mentioned from las vegas its a tentative programming view to avoid the blackout the company have been sparring about how much they would pay on the optimum Cable Services the company is exspinting to take nordstrom can the financing closed the deal. Brittain is speaking out on the trade dispute between plane maker boeing and bombardier. Liam fox saying he will fight to protect the 1,000 jobs being put at risk in northern ireland. Last week the u. S. Commerce said they were considering a 219 jet maker. Turning to this weeks wall street agenda, janet yellen is set to speak on wednesday. Tomorrow auto sales. Thursday, International Trade data and the big one comes friday, the monthly jobs report. On the earnings front well get information on lenar, Constellation Brands and young china. We have the founder and ceo of joe y and reinserting it why . There is some hope well have it the reflation trade that we saw after the election, im i think that we will ultimately get some tax cuts. I dont think its going to be as sweeping as we had hoped in the wake of the election in trump trade is that a surprise that the tax will be scaled back. Expectations got so low in july that just the fact that theres talk about it and theres some hope and recognition that something has to get done, youve seen some expectations i guess what im saying is theres a little bit of limited up side. I dont think this is going to be as big a move as what we saw post election. You feel i think similar, youre not sure about 3 you dont know whether the tax cuts will be as broad as people think. You think the market has had a good run and youre more cautious now if you look at what has gotten us here, Monetary Policy or fiscal policy it used to be monetary. And i think that is where we have to keep our eye on the ball Monetary Policy is timing. I do think this is a positive, even if we dont get grand bargain, i think it is a positive yun theless, if the fed continues to raise Interest Rates and they continue to unwind their balance sheet, i think that has a much bigger impact on the equity markets i think the dollar and Interest Rates are ten year yield it will react more to fiscal policy i would react the market reacts to it. They outperform large caps by 500 basis points i think that is in essence it is reacting positively i think theres more certainty on the Monetary Policy than fiscal policy. Monetary policy, we know theyre going to start one way and use it as a balance sheet. The one thing i would say, too, is the economy has performed i think far its the same solid footing i would have prepped fears even though we havent seen that. So much of that didnt materialize and yet were still seeing companies engaged, theyre hiring, theyre continuing with their Capital Spending i thought, boy, as we started to hope we would get tax cuts that we might see businesses pull back again that hasnt happened when we talk about how much more up side, there will be some up side i want to point out even when we didnt think that is. What happens in the next month or two lets imagine we settle around 25 corporate rate the individual cuts are modest fairly modest, 2000 tax cuts has that been priced in . What do the markets do when that converges around that . Let me say about the economy and you can think about the markets. I think there is some up side in the economy. In that scenario i could get more confident about the economy approaching 3 in growth in 2018 i think as weve talked about, the markets have already digested a good deal of that i dont hope its going to generate 4 or 5 growth. To some extent 3 is pretty good. No, and considering the trend growth is somewhere in there probably too the economy is performing well and will continue to perform well kind of getting back to what we talked about earlier the question is to some extent i think a lot of good news is in the market in part because of the economy is owing to the regulatory relief theyre figuring without some of the tax cuts i think the economy is already purr forming well. Usually gives you seven or eight. I dont think 14 return is repeatable you look at the emerging markets during that same period, they were up 2. 5 annualized return when i have to decide incrementally where new money will be in 99 the market is fairly you do go back dont go to the lows to get the 14 . Youre doing that from a 50 pull book in the market. Thats 4 or 5 annualized return it could easily get back. It could keep going higher. Momentum has been strong both from an earnings perspective im went those years. In the next decade. Yes. Did you see this . Yes not since the mid 30s, the 1930s has a sitting fed chair not been reappointed by a new president. Hes talking to her. Theyve talked. You know, i suspect that it i almost wonder in a way how much chair yellen even wants the job. I know she wants it, but i dont think shes on board from this administration you know, thats also a little bit of i dont believe that chair yellen is all that dovish anymore quite honestly now among the committee, she leans a little bit more towards the hawkish eye . Whos it going to be. Kevin it was like when people were saying they werent going to endorse a candidate. Im not going to right right. I told corker that morning, i urged him to run again. Run again. Did you see what happened it wasnt even eight hours. He said, im out anyway, thank you. Thanks. Thank you. When we come back, the nasdaq is kicking off Breast CancerAwareness Month with the ceo of pro logic who is going to be ringing the opening bell this morning. First he will join us right here on the set squawk box will be right back. People dont invest in stocks and bonds. They dont invest in alternatives or municipal strategies. What people really invest in is what they hope to get out of life. But helping them get there means you cant approach investing from just one point of view. Because its only when you collaborate and crosspollinate many points of view that Something Wonderful can happen. Those people might just get what they want out of life. Or they could get even more. What they want out of life. Ronoh really . Gs going on at schwab. Thank you clients . Well jd power did just rank them highest in Investor Satisfaction with full Service Brokerage firms. Again. And online equity trades are only 4. 95. I mean you cant have low cost and be full service. Its impossible. Its like having your cake and eating it too. Ask your broker if they offer awardwinning full service and low costs. How am i going to explain this . If you dont like their answer, ask again at schwab. Schwab, a modern approach to wealth management. Time now for an update on the mass shooting overnight in las vegas. Nbcs jay gray is there. He joins us. What can you tell us, jay . Reporter yeah. The very latest is that police have identified the gunman in this case, 64yearold steven paddock of mai skeet, nevada theyre looking for his companion, marylou many who were attending the concert here, i just talked to a young man who was here without a shirt saying that he took that off to help one of the wounded there. Weve seen others stumbling through with blood on their clothes and they told us that they, too, were troo ig to assist after the shots rang out. Ral ralph 91 harvest they stormed his room on the 32nd floor of the Mandalay Bay Hotel. Marylou danley the numbers, they are grim, unfortunately will likely climb according to police. More than 20 dead. More than 100 injured right now. Many of those in critical condition. Transferred to University Medical center which is the level one trauma facility here in the las vegas area. It was a long gun, right, jay . Reporter it had to be, im sure an Assault Rifle . Reporter well, when you talk to people as they were attending the concert, what they heard is automatic gunfire when you see the video, it seems to be the case he paused a couple of times. We dont have any specifics on the weapon used other than the sus smekt. They dont be want to jump to any conclusions. There ace a lot of evidence to work through what we have learned from my colleague Pete Williams who covers the Justice Department in washington is right now the suspect was apparently not known to federal agents or authorities and not known to any terror organizations. Thats obviously something that becomes a question especially in a situation like this. Early on it doesnt look like thats the case being you but a semiautomatic wouldnt be an actual machine gun. Yes. That would be more horrific. And totally you cant buy those legally. Thank you to jay gray. Well keep you updated on the headlines in las vegas throughout the morning. According to the american cancer society, more than 1 4 million of u. S. Cases of invasive Breast Cancer will be diagnosed. Theyre working to build detection and treatment for this disease that affects so many joining us is Steve Mcmillon the company is ringing the opening bell here this morning to kick off Breast CancerAwareness Month. Steve, great to see you. Thank you great to be back. Lets talk about this issue Julia Louise Dreyfuss pointed out one in eight women will have it were making progress and one of the buyingest issues dont have their mammograms. For years weve been working on is a lot of women dont want to go through the pain of a mammogram. Joe loves things. Look at the setup a new paddle that will transform the Patient Experience when you think about, you know, youre the only one will know it on the set. You dont understand this, but this is what they smush you with when they are trying to get a read. Yes. My mom would joke, she was loading a dishwasher she said, this must have been designed by a man. I think most mammogram and we brought in a woman for the head of r d the pain is caused by two things, the time under compression and pinchesing. This is a low Tech Solution all it is is a rounded edge. Believe it or not there is a lot of science in the mammograms they can look back at your previous ones. Were the only company thats been able to do this its a combination of low tech but also a lot of high tech stuff behind the scenes. It will knock the pinching we saw 93 of women who have had mammograms with this and its Just Launched are finding it better and more enjoyable. When i saw this, that was my first question duh, where has that been. Youre making advances like breast material, you cant get a good read. Where do you stand on that weve gotten further out in front. We keep putting more and more science and Clinical Results and everything into our mammography machines we were the first 3d approved not only to have increased detection of invasive cancers, fewer false positives, but were the first ever approved. And you have to tap it and its so much so the clarity of our 3d exam is providing greater detail there so the clinicians can get better. Whats your Market Penetration . Our Market Penetration is were now we have over 4,000 installed machines in the united states. Which takes up how much 40ish percent of the total narkt. In any city even out in the hinterlan hinterlands. They dont have the dense breast reduction. There is somebody marketing something that may not be the same. Whats your goal in the next couple of years . What achievements overall . Where would you like to see us. In the simple level my mom was diagnosed with Breast CancerBreast Cancer as well as cervical cancer. Breast cancer, you it is so much more difficult the implications the whole key especially with so many women today even in their 30s and early 40s, theyre diagnosed. If we catch it early, its so different than if we catch it late our whole theme obviously, it feels like its selfish for our business in terms of wanting them to have moom mow grams. So were trying to make that experience better for everybody so more women will not put it off. Thank you for joining us. Well be watching when you ring the opening bell. Thank you. Pink one is for you. Unless you want to change. Thank you its jobs week in america. Were going to tell you what looks right foocber tor. Well tell you what to expect with fridays data chris lu will join us next this is electricity. This is a power plant. This is tim barckholtz. Thats me this is something he is researching at exxonmobil using fuel cells to capture Carbon Emissions at power plants. This is the potential. Reducing co2 emissions by up to 90 . 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Its an expression, ya know . Fire at will . You never heard of that . Oh, there goes will bye, will thats not h