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you. futures are up after closing at a record high. treasuries are up despite decent data. 221 is your yield on the 10 year. up, jobs friday in the trade balance for april. philadelphia fed president talks on the economy. robert kaplan takes questions and luncheon in texas. baker hughes rig count, we are looking at oil, it s getting hammered. it s going to be brutal to watch that cap. david: president trump has decided to withdraw from the paris accords. the reaction worldwide was immediate, even from prominent ceos who turned to the president s favorite means of munication. climate changeed is real, leaving paris is not good. bob eiger followed soon after. he resigned from the president s council. thehead of goldman sachs cited to send his first tweet ever. he said it s a setback for the environment and the leadership position in the world. saidbenioff of salesforce he was deeply disappointed by the decision to withdraw. we will double our efforts to fight fight crim ....
leave it. president says he s done negotiating on health care. that crucial vote now set for later today. keystone green light, the president set to officially reverse one of the obama signature environmental policies this morning. and then markets on track for their worst week since november, wall street s keeping close watch on d.c. and any progress for the trump agenda. president s pushing hard for house republicans to pass health reform today. in the past hour he wrote after seven horrible years of obamacare, skyrocketing premiums and deductibles, bad health care, this is finally your chance for a great plan. a lot of people wondering if they move to taxes is that like the market saying let s have dessert first, jim? well, look, i expect there could be a quick leg down if he doesn t win. there s always this weird kind of, well, you know what, legislation momentum, trump loses and it s over. no, history says it s not over. so i think that the faster they get no mat ....
pullback, joe, in what we re seeing with the equity market. in a case s biggest decline in a month. we led in with carl saying that all three of the major averages have not closed down 1 %. yep. in a while. now we re threatening to do that today. zoo fully and fairly valued. we ve said that s where the market is. the right thing to be doing right now is to look at pete s world, look at options right now. they re incredibly cheap. put the protection on. i might have bought some russell index puts because i do believe when you look at the marketplace right now, we forget the narrative of the political conversation from this weekend, and we go back to last week, says and you see a currency of a major country, a major economy that has the kind of crash that it did. you have to question if we had a liquidity issue for all asset prices in a correction, and i think the answer to that, scott, potentially is you have to worry about electric widty on the down side here. to yo ....
i didn t think about it with the tie. do you have an orange tie? i do own an orange tie. but you never wear it. i never wear it. are those pumpkins from last year? no. those are not. okay. can you imagine we had things made exactly like us. i have pictures of those. those aren t actually us, are they, andrew? remember in the past our face has been on them. our face has been on them. but not these. i apologize, we are going to talk about the markets. we have breaking news the tell you about, we talked about it a little on friday, but now it s official. general electric and baker hughes are merging their operations. now there was a lot of conversation about whether ge was effectively going to be selling its business. we talked about whether this was all happening at the wrong time. this is now what is happening. they are merging the oil and gas operations into a new company that both companies will effectively own. they are looking to get 1.6 billion i ....
the dow is ending october with a whimper. index, little change today, up 16 points now. nike, the big drag, chevron, the only dow name up more than 1%. that s despite a big move lower for oil, crude hitting session loew lows. we want to call your attention to brocade, that stock spiking on reports the company may be putting itself up for sale, digging in on this and bringing you more as it develops. tyler. welcome back. i m tyler mathisen. welcome. here is what else is happening at this hour. u.s. consumers picking up their spending in september, due in part to strong demand for vehicles. speaking of vehicles, fire crews investigating a blaze that broke out at ford s world headquarters in deerborn, michigan, earlier today. no one was injured, thankfully, there. cleanup crews working feverishly now in central italy following sunday s magnitude 6.6 earthquake. several quakes hitting italy in recent months. justice department getting a warrant to review newly discovered ....