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Joining us for the entire hour is dan nathan, founder of risk reversal advisers. Welcome back to you. Sara. So theres something youre looking at about the s p 3000 level and fed meetings if you go pack to july 31st, the last time that the fed met, they cut a quarter basis points Interest Rates the first cut in ten years and the stock market was above 3,000. And and it wasnt until the trump tweet the next day that we broke down and stayed down all of augusts here we are now, expectations are for another cut, and it seems like the s p has really paused again at the same level, about 3,000. Weve got lots to discuss with dan, but lets drill down on the big stories were watching today bob pisani is tracking the big reversal leslie picker has details. Mike santoli has a special market dashboard ahead of fedexs earnings which hit after the bell and well have for you here on closing bell. A big day in oil. Oil dropped right after the open ....
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Beto O Rourke says he s thinking about running for Texas governor FacebookTwitterEmail GRAND PRAIRIE, TX - OCTOBER 17: Democratic presidential candidate, former Rep. Beto O Rourke (D-TX) speaks during a campaign rally on October 17, 2019 in Grand Prairie, Texas. O Rourkes Rally Against Fear was held to counter President Trump s campaign rally today in Texas. (Photo by Ron Jenkins/Getty Images)Ron Jenkins, Stringer / Getty Images Democrat Beto O’Rourke has left no doubt that he’s weighing a run for governor next year. “You know what, it’s something I’m going to think about,” O’Rourke said in an exclusive interview on an El Paso radio station earlier this week. ....