Both up this morning crude oil, it is still hanging in there right below that 50 mark, of course and theres brent crude as well. Lets get to the road map. It does start with that market coming off a record breaking rally. The question of course, will it continue and big changes at ge the new ceo making his mark on the company as a new investor joins the board. A nail in the could have infor tax reform a top gop senator warns that President Trump threatens world war iii. The markets looking to continue its record run with the dow and s p in the midst of a fourweek winning streak but Technology Closing on friday at the new record high. Bar beingiring a large selloffe trump dow rally ochb track to surpass the 23. 3 gain posted in the year following the election of George Herbert walker bush. One would imagine we will hear tweets or get tweets about that the minute it happens. It is a major accomplishment and were coming off another week where all three major averages closed up a percent a
Michelle carusocabrera. Stocks are lower but steady. The dow managed to hit record intra day highs earlier columbus day is today. J. G. E. , the worst annual performance in years what investors should do with this the big announcement tesla is down 2 after they said they are derailing the announcement of the new semi truck until December Tyler mathisen is here here is what is happening now. General motors taking a bigger step towards selfdriving cars, buying a sensortech firm called strobe no price tab mentioned marvel drops a planned venture with northrop drum mondmonds. This comes after they attacked the company for potential ties with the defense contractor. Apple looking into why some of its iphone 8 batteries are swelling maybe they need antiinflammatoriries. Brian . Tyler, thank you very much greetings from the janus advisory conference. We have had low Interest Rates for a better part of a decade. A lot of people may have never invested rates are expected to go higher. How do yo
Blade runners disappointing response this weekend. Look at amc down 7 , and regal down 4. 5 . Only did 31 million over the weekend, they were expecting double, more than that well talk about that. And a massive unity rally being held in sfan this weekend. Were going to look at what this all means for the countrys relationship with catalonia and its place in the European Union. Former head of the European Central bank, jeanclaude trichet, himself, will join us is a cnbc exclusive coming up looking forward to that very mump. First, Goldman Sachs out with a new note saying tax enthusiasm will outweigh an earnings slowdown this quarter a feud between President Trump and a key republican senator could put tax reform in jeopardy cnbcs editor at large john harwood has the details. Let me put it in a bigger picture. The feud with bob corker is one of many challenges facing this tax bill first of all, it doesnt help to antagonize the Committee Chairman as the president did over the weekend and
Quit. A industrial spoken of 30 points. Nasdaq up 11 points. Major indices look like this. The ft 100 up a fraction but the cac and dax and germany down a fraction. Asia overnight markets higher across the board. Nikkei average in japan as well as the hang seng in hong kong that two thirds of 1 . Kospi up one and two thirds of a percent. New details in a deadly Las Vegas Massacre. Mandalay bay Security Guard was shot six minutes before the gunman began his rampage. Have a new Development Changes the timeline for investigators and what that means now in the investigation. North korea threat on the rise. Secretary of defense jim mattis joined the u. S. Army to stand ready. The latest on the escalating tensions. Many in hollywood remained silent over Sexual Harassment allegations against harvey one team. One major name for the fashion world coming to his defense. By donna karan is speaking out on behalf of the embattled. Jemele hill and how it landed her in hot water. Jedis rejoice. Hes a
Power lunch starts right now and welcome to power lunch, im Michelle Carusocabrera despite ges drag, although were watching to see if it goes positive, major averages are hitting record highs again dow, s p 500 on track for their sixth straight week of gains check out some of the movers the Home Builders are higher, the etf that tracks them, itb, trading at a more than tenyear high on pace for its eighth consecutive weekly gain. P mp p g down 8 . Paypal rallying on its earnings beat brian . Thank you very much big day for the markets, big day for the markets really they say everything is bigger in texas including todays power lunch because guess what, were back in houston and with the billion dollar buyer, himself, hanging out with his new toeam, the houston rockets. 2 billion buyer of the rockets. Going to join us for the next couple hours we have great guests we got the mayor on, might get a visit from cp iii and james harden, and the man many consider to be the best Hedge Fund Trade