Im back. Great to be back. Back in the stacks with the books. Yes, yeah the Library Stacks are nice i wanted to show everybody where things are headed on this monday morning. Is it always up . I guess maybe it opens it feels like that i was told not to invoke his name when i mentioned him the other week he says everything goes up and it all seemed so crazy dow about 160 points nasdaq looking to open about 69 points higher in the s p 500 looking to open about 16 points higher treasury yields right now, lets do it. Lets show you the ten year note as we speak youre looking right now at the ten year at. 636. Melissa has news happening overnight. News out of china overnight beijing announcing sanctions and a spokesperson and the move comes after a top member of chinas Ruling Communist Party and three other officials over human rights a b abuses. Bo well ask senator rubio about this when he joins us live at 8 00 a. M. Eastern time on squawk box. Separately the u. S. Asked its citizens to be
Online more Central Bank Action from japan helping fuel the bulls and despite all of that, oil plunging again, down more than 20 as we see one Energy Company file for brankruptcy. Ahead on todays show, were taking a deep dive on the path forward for retailers. That sector deals with the fallout from the lock down well speak with about the issues facing the industry and be joined by former macys ceo as Department Stores deal with their own challenges and bankruptcy concerns swirl around the sector were up 5 on the s p with 59 minutes left citigroup is up 8 still down 42 year to date. Lets focus on the big stories were watching today mike is is tracking the market moves. Meg has the latest mike, lets kick it off with you and the broader markets. After about two weeks of going sideways, the s p 500 gets a little bit of a boost today to basically the levels it saw at the post crash highs of ten days ago. Take a look at how it fits into the broader picture here 2874 is a number that we firs
Lowest level in years and growing tensions with iran we have the Energy Secretary rick perry will weigh in first on cnbc. The growing threat to housing. Why it may turn into the biggest risk for the Housing Market in many a year . Power lunch starts right now welcome to power lunch. Im melissa lee. Holding on to weekly gains pressure coming from semistocks as tyler mentioned getting whacked following broadcoms warnings about slowing demand. Kelly . We begin with the red hot stock of the day shares of chewy soaring. Leslie picker is tracking the action for us this afternoon leslie reporter kelly, we knew people loved their pets but who knew investors would have loved their pet supplier this much chewy shares soaring up 54 after three hours of trading the company priced a dollar above the range, it boosted earlier this week on stronger than expected demand it was also able to up size the number of shares sold through the offering chewys Parent Company pet smart will be taking home the bu
Nasdaq announcing they will be open tomorrow for regular Trading Operations. More on that coming up. Melissa one week until election day how will the northeast impact boating . Neil cavuto will join us later in the hour. Breaking news. Hurricane sandy. You want to tell us where we are going . Lets go to robert gray who is standing by in new york with more on this. Robert thanks very much. Fluid situation out here, but we grab colonel paul owen with the u. S. Army corps of engineers. Thanks for joining us on fox business. Talked to was a little bit about the situation. You are surveying Lower Manhattan and had a look around more of the city before we grab you here. How is the situation after the storm last night . Doing remarkably well dues to the city prepared this and the state preparedness. They have done a great job building the infrastructure in order to withstand that tremendous storm we had last night. A historical storm. Robert you have been around a lot of these storms. How doe
Nasdaq announcing they will be open tomorrow for regular Trading Operations. More on that coming up. Melissa one week until election day how will the northeast impact boating . Neil cavuto will join us later in the hour. Breaking news. Hurricane sandy. You want to tell us where we are going . Lets go to robert gray who is standing by in new york with more on this. Robert thanks very much. Fluid situation out here, but we grab colonel paul owen with the u. S. Army corps of engineers. Thanks for joining us on fox business. Talked to was a little bit about the situation. You are surveying Lower Manhattan and had a look around more of the city before we grab you here. How is the situation after the storm last night . Doing remarkably well dues to the city prepared this and the state preparedness. They have done a great job building the infrastructure in order to withstand that tremendous storm we had last night. A historical storm. Robert you have been around a lot of these storms. How doe