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The economy. Oil, should we forget all the forecasts and run for the hills when you see prices moving down . Thats brent. West texas even lower. Walls of water from the midwest to the east coast. Look at that. Major flooding, really intense storms this morning on the east coast, and through much of the central and eastern part of the u. S. This is from nebraska, a hospital getting absolutely washed out as water came rushing in. First, though, to sue at the nyse. Separate dramatic video, tyler. Were going to start with stocks. The Dow Jones Industrial average is on the up side now by almost 100 points. The s p is up 12. Nasdaq composite up 36 and the russell is with up modestly. Up 62 points. The tenyear u. S. Stocks here at home rising. So here are the and then falls, japan gmt dp for qit plumme plummets, and chinas money flow slows, u. S. Retail sales for july below expectations. That begs the question el we just the bestlo ....
good morning. welcome to squawk box here on cnbc. i m michelle caruso ka brain brar ra sitting in with joe kernen and steve liesman because carl and becky are both off today. steve will be all over this next story because we have new test for the markets this morning. 8:30 a.m. eastern time, first revision to third quarter gdp. it s expected to show the first report of the economy s return to growth may have been a bit too rosy. the dow jones forecast will show the economy expanded at a pace of 2.7% from july to september. figure of 3.5% had original will i been reported. the big factors behind the downgrade are said to be commercial construction, drag from the nation s trade gap and lower business stockpiles. also on the economic agenda today, s&p case shiller, that s the home price index and consumer confidence pushing around the markets today. is that teleprompter far away? i don t want to hear it. well, i just saw you leaning forward and heard you say gdp ....