look at crude, which has been dictating terms for equities lately. relatively unchanged on wti, about $50.18 per barrel. for brent, 51.88, barely higher. rbob gas edging up a bit. we ll get back to the markets in a bit. breaking overnight, the u.s. military launching tomahawk cruise missiles against radar sites in yemen after incidents earlier in the week where a navy ship was fired on from a rebel controlled area. now to this morning s top story, embattled wells fargo ceo john stumpf is out retiring effective immediately. tim sloan taking over the top job following the high-profile scandal involving their sales practices. news came out after the market closed yesterday. looks to be up about 1.5% in extended hours. notably above $46, a level we haven t seen in some time. helping. helping. yeah. wilfred frost spoke with tim sloan late yesterday and asked him if stumpf s departure was a necessary condition for the company to move on. i think john s decision to retire
october has been a great month for meals. one of the most interesting is being called a partnership between ge and baker hughes. we have details and insight into why shares are lower on the day. look at that down more than 7%. both are lowered with the dow down 20 points. the latest developments on the new clinton e-mail investigation. after the bell we are joined by libertarian vice presidential candidate bill weld to talk about the impact on the election. shares of tesla and solar city. we have a closer look at why investors do not seem to like this announcement again. a lot of skepticism about the proposed merger between the companies. a big announcement tomorrow, as well. on this merger. we have more details. let s begin with how this month is finishing up. nice costume today. i try to keep the colors coordinated. this is supposed to be a big volatile month. markets to the down side. s&p down about 1.7% for the month. worst monthly showing since going back
this halloween evening has had its share of spooky moments. plenty enough to send a chill down a random spine or hair to stand up straight on a sensitive invest investor s neck. the major average did suffer their worst monthly performances since january, and it could have been worse. if banks and some big tech names hadn t held their own and bolstered the performance. and today oil did fall to a one month low over uncertainty about an opec production cut. as for stocks today, not too scary. dow dropping to 18, 142. nasdaq down nearly a point and the s&p off just the slightest fraction. and now to a deal we told you on friday might happen. general electric has agreed to combine its oil and gas business with baker hughes and will create a new publicly traded company which will be majority-owned by ge. ge shares were essentially flat, but baker hughes was down 6%. morgan brennan has more on the tie-up. reporter: it s all about energy. the new baker hughes will combine the wo
its share of spooky moments. plenty enough to send a chill down a random spine or hair to stand up straight on a sensitive invest investor s neck. the major average did suffer their worst monthly performances since january, and it could have been worse. if banks and some big tech names hadn t held their own and bolstered the performance. and today oil did fall to a one month low over uncertainty about an opec production cut. as for stocks today, not too scary. dow dropping to 18, 142. nasdaq down nearly a point and the s&p off just the slightest fraction. and now to a deal we told you on friday might happen. general electric has agreed to combine its oil and gas business with baker hughes and will create a new publicly traded company which will be majority-owned by ge. ge shares were essentially flat, but baker hughes was down 6%. morgan brennan has more on the tie-up. reporter: it s all about energy. the new baker hughes will combine the world s largest oil field equipme
this halloween evening has had its share of spooky moments. plenty enough to send a chill down a random spine or hair to stand up straight on a sensitive invest investor s neck. the major average did suffer their worst monthly performances since january, and it could have been worse. if banks and some big tech names hadn t held their own and bolstered the performance. and today oil did fall to a one month low over uncertainty about an opec production cut. as for stocks today, not too scary. dow dropping to 18, 142. nasdaq down nearly a point and the s&p off just the slightest fraction. and now to a deal we told you on friday might happen. general electric has agreed to combine its oil and gas business with baker hughes and will create a new publicly traded company which will be majority-owned by ge. ge shares were essentially flat, but baker hughes was down 6%. morgan brennan has more on the tie-up. reporter: it s all about energy. the new baker hughes will combine the wo