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landfall a couple of hours ago south of charleston, south carolina. let s give you a reference where we are. north carolina, south carolina, georgia, florida, charleston is right there. this little shade of red. that s the eye wall that came onshore 2, 2 1/2 hours ago, that s where the 105-mile an hour winds are. that s where we re seeing the tremendous amount of flooding because of the storm surge. look at the shield of rain in the carolinas, charlotte, raleigh, wilmington, cape hatteras as the rain runs parallel to the coastline theerng owe ethis evening, into the overnight. 50 to 80 miles per hour sustained winds constant wind speeds with higher gusts. a storm surge a wall of water on top of normal tide between 5 and 7 feet. rainfall totals 8 to 12 inches isolated heavier amounts to 15 and there could tornados out there. look at the rainfall totals. this shade right here is 8 to 12 inches of rain. florence, 8. at a itville at a the wynfield is 39 miles per hour o ....
let s head to the market desk for julie hyman has the latest. : we got energy stocks is the best performers in the s&p 500 today. that itself. higher that is helping to push stocks higher. the mexican peso rallying. seems as though the outcome already being pricing to the u.s. equity market is a victory for hillary clinton. when we saw the last debate occur and see what perceived as winning, without the peso rally in stocks rallied to some extent. oil is a big part of the story also. brent crude is hitting a one-year high. you have nymex crude hitting not necessarily a high on a historical basis, but hit a high last week and now above 5120 above $51 a barrel as we got comments from vladimir putin at a meeting of opec officials in istanbul saying russia could freeze or even cut output. all of this causing a big rally in oil prices today. we are watching the japanese yen after we heard the bank of japan saying the 10 year target could go under 0% of the bank of japan ....
welcome to squawk on the street. i m carl quintanilla with david faber, sarah eisen, mike santoli at the new york stock exchange. we re going to talk about the the debate. futures up ahead of a busy week. german expect data, bond market is closed for columbus day. a contentious debate in st. louis last night, the tone set when both candidates entered the stage and did not engage in the traditional handshake. after that a focus on trump s hot mike remarks in 05 about women that has created turmoil within the gop. this was locker room talk. i m not proud of it. i apologize to my family. i apologize to the american people. certainly i m not proud of it. have you ever done those things? women have respect for me, and i will tell you, no, i have not. what we all saw and heard on friday was donald talking about women, what he thinks about women, what he does to women. and he has said that the video doesn t represent who he is. but i think it s clear to anyone who h ....
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 ....
taketogether, it was a recipe for a down day, and that is exactly what we got. the mainly indexes all falling 1% or more. the dow jones industrial average off 200 points to 18,128. the nasdaq declined 81, and the s&p 500 was off 26. a shadow was cast over the broader market when alcoa reported weaker than expected results to kick off earnings season. the stock fell 11%. its worst day in more than seven years. and this was the last report for alcoa before it splits into two. morgan bre dives deeper into the metal company s results. > while alcoa reported higher quarterly profits, revenue slipped as the commodity busine continued to face pricing headwinds. but the higher-performin value-added s that supply the aerospace and automotive industries also came under pressure. we have to admit that we are seeing in some of the markets some new challenges. on the aerospace side, we re seeing there is huge demand there, and there are problems on the engine side, particularly, a ....