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Transcripts For CNBC Squawk Box 20151113

7 30 this morning and after all we heard from the retailers, we know jp penny had better than expected comps a lot of the attentions after the big misses from macys and nordstroms this week. But first a check on the markets this morning. Yesterday was the worst day for the major averages since september 28th. The dow and s p are on pace for the worst week in ten weeks. This morning things are looking flat but this comes after a decline of 1. 4 for the dow yesterday down 254 points. And breaking news outside the world of business overnight. The pentagon says that u. S. Forces targeted this islamic this isis militant known as jihadi john with a drone strike in syria. He has been seen in isis videos executing several western hostages including two u. S. Journalists and an aid worker. The pentagon is assessing whether the attack was successful. Well bring you the details as they develop. We have more hints that the fed could start raising rates in december. Speaking late yesterday,
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