Channels and 1,000 videos were likely linked to moscow. However, it says the viewership of those videos was low. Lets kick it off with breaking news. Industrial production numbers for september, coming out, blowout numbers here on the year on year figures. 8. 4 for the month of september. The estimate was for 4. 8 . Month by month though seeing a mills. Still seeing quite a bit of resilience. Especially when it comes to year on year. This is the highest weve seen in four years on the factory side of things for korea. Well see how things fare, but really seems like this data may just fall in the shadows of all that is happening with this drama when it comes to the manafort indictment. Testimonies under way pretty soon, as well as that phasingin of the tax reform. That could be the big culprit, why we did see that pullback when it comes to markets. Lets look at how things are faring here in asia so far. On the back drop of all that, we are seeing a little bit of green here on the index 5
Andrew levin, whos professor of economics at Dartmouth College and former adviser to former fed chair ben bernanke victoria fernandez from crossmart Global Investments is in houston congratulations. Thank you. Peter costa from empire executions is sheer at pohere a9 with us. Rick santelli is at the cme. Were going to get reaction later from former Federal Reserve governor larry meyer with us and Richard Fisher well get color from them on the new nominee, the impact he will have on the Federal Reserve Going Forward. Steve, lets start with you. As we await the president , to come out of the oval office which could happen any moment here, hes considered the safe pick why . Well, i think because he doesnt want to have a huge change at all in policy. Doesnt he loves the way the markets have been behaving doesnt really want to upset that particular apple cart look, were not sure whos going to be appointed, bill, but i thought we might just talk about the bio of Jerome Powell, how about . The
A bank of fog. Traffic moving right along, and so are we. Feeling a little bit like a rebel today. Sal, gasia, i know you guys have a little rebel in you. A little bite. Probably less than you, but i like it. I dont know. Its good, right . Lets keep going. Lets do it. Welcome to the 9. I should have said that long time ago. New this morning, Supreme Court Justice Ruth Bader ginsberg says she regrets her Public Comments and criticism about donald trump. Ginsberg said in a statement that judges should avoid commenting on a candidate for public office. She promise toss be more circumspect in the future. Last week she said she didnt want to think about the prospect of trump winning the presidency. She called trump a faker and joked about moving to new zealand if he were to be elected. Trump responded by calling for ginsberg to resign because, quote, her mond is shot. Officials in cleveland say they are ready for the Republican Convention. The Convention Starts on monday. Security is a top
N update looking at the major averages, we are down for the s p. At four. 4 . Lets look at how the agencies have performed for the month. Session, abe its 38 1 move. Down insee the dow is the s p is down and the nasdaq is up. 8 in august. Lets move to oil and we can see a reversal. Right now, oil is trading at or before and 71 is down 3. 5 today. It began the month with its worst day. Talk about symmetry there. 3. 7 , stillown trading below 45 per barrel. Oil is up 7 and it is the first monthly gain in the last three months. Exxon is down about 1 and chevron is down about 1 . Given the move in oil. A look at some stocks on the move. Going tosaid it was stop or at least try to stop any are Merger Acquisition they thinking of doing with monsanto. Both stocks are down today. We will move to the first word news. Mark crumpton has that from our newsroom in new york. Mark thank you. Donald trump has landed in mexico city and the flight touch down a few minutes ago. With theeduled to meet mex
Will look like not much changed. Thats characterized the session with a short detour south earlier in the day after we got the i sm services report. Not much activity in terms of price action. Thes become the norm 41st straight session weve seen a movement of less than 1 on the s p 500. Take a look at the bloomberg for an illustration of that. July 8 is the last time we exceeded the 1 threshold for the major benchmark. Volume today has picked up a little bit, about 6 above the 30 day average for the s p 500. We have a lot of dealmaking to talk about. Monsanto, we have been watching that even though it has been falling after a buyer raised its head. And we have them bridge acquiring spectra energy. That itinteresting is was lower in premarket trading. Has turned higher. This will become a large Energy Infrastructure player. The largest owner and operator of type lines. A couple ofwatching carl icahnassociated stocks. After vwrising today announced it would take a 16. 6 truck maker. Ther