Maybe 50 odd points today. Its a down day, at least at the opening bell. Caution, tomorrow we get the big report on the Service Sector and friday, the big jobs report. If either confirms the manufacturing slowdown, im going to say watch out below. And this, too, may be a negative for stocks. The hong kong shooting tuesday night, an 18yearold High School Student goes down. It is urban warfare. No other name for it. More protests are planned for right now. Dont ignore this. The National Day Military Parade in beijing on display, a series of very modern weapons including carrier killers. That is missiles capable of knocking out an American Carrier battle group. That would change the military balance in the pacific. Thats the asian backdrop to the trade talks, not that encouraging. We are invested in you and we will take you through what may be a nailbiting day. Varney company is about to begin. Stuart this market is likely to open this morning on the downside after a fair sized drop yeste
A lot to focus on from those new treasury rules to disney to fed speak. Europe in the red after unimpressive pmi numbers for march. Well get ism services in an hour and oil not bouncing after kuwait says they still predict a Production Cut in doha. We begin with the new tax inversion rules threatening the pfizer and allergan deal. Disneys heir apparent, the companys operating chief stepping down. Who is next to lead . Minneapolis president going after the big banks saying its time to end too big to fail once and for all. But that wildcat victory, theyre calling it maybe the best final ever. First for the wildcats since 85. Chriskris jenkins, how do you not celebrate that shot. This is a moment you look at jay wrights team, theyre a bunch of kids who go to college and also play basketball. Thats important. You dont go to villanova to play for the heat after a couple years of not taking classes. You go to nova, get a degree. Some of the parents of the guys on the team, they went to schoo
Away. Meanwhile, at least six major wildfires are burning in california. More than 150 homes have been ordered evacuated. Breaking news the toledo water ban has been lifted. All six test results came back with no problems whatsoever. We are lifting the no drink advisory. Our water is safe. A second american infected with ebola is due to arrive in atlanta on tuesday. Her colleague, dr. Kent brantly, is already receiving treatment at Emory University hospital. Is he likely to survive . I cant predict the future for individual patients. At least one person was killed after a terror attack in jerusalem. An earthmoving vehicle slammed into a passenger bus. International outrage after sundays deadly bombing of a u. N. Shelter. It is hamas that is turning these areas into combat zones. At least 398 people are now thought to have been killed in a powerful earthquake in southwest china. The coast guard has rescued a man off the coast of Washington State after his boat caught fire, then split in
Eastern time. What is going to happen . We tried to do that last time to make people guessing. I guess every time. Not really. Its Business News. And we do our best to try and get something going around it. But the one thing that makes this a little more interesting is some of the whisper numbers. Did you see how high they get . How high are they . The whisper numbers are as high as 300. 300. Do you think people can hear us . Yeah. Why are we whispering . Yeah, 300. Meanwhile, dallas fed president Richard Fisher came from around the world saying the Central Bank Must avoice being locked into calendar based policy commitments. In other words, theyre data dependent. He says Forward Guidance should be flexible enough to allow for changing conditions. He is currently a Voting Member of the federal open market committee. As i said, he made his remarks at an appearance in hong kong. Hes a good friend of the show. And i dont i dont know, are those the two headlines . Neither one of those thin
Down in the fourth quarter. Number 16, ucla at number eight stanford for the pac 12 championship. The fourth quarter, 26 yard touchdown and stanford goes up and go on to win 2724, time to celebrate. Bring on the roses. They will play the winner of the title game between nebraska and wisconsin in the rose bowl on january 1st. We play with a chip on our shoulder. Our mantra has been to be loose and focused. Our guys have done that and part of the chip proves that we are not a oneman organization here. The coach and the seniors ahead of us. The players in the locker room kept that going and held people accountable to the standard of football and character. And im sure a lot of celebrating in palo alto will have more coming up. They continue to play in the rain. Outside the stadium it was a muddy mess. Live in the parking lot that looks more like a lake. I bet stanford fans didnt mind after the big win. There a lot of excited fans and room for more. This game didnt sell out and maybe thats