There its closed in observance of the columbus day holiday. Our road map this morning starts with, of course, the markets, attempting a fresh start after logging one of the worst weeks of the year. Looking ahead to financial and technology earnings. The first case of a person contracting ebola on u. S. Soil has been confirmed. A complete report in a few moments. Fear cry automobiles marking the return of a chryslerrelated stock no the u. S. Market. In the meantime, new era here at cnbc. We have a new look debuting today from our ticker to market boards. Youre going to see different looks through the day. Your chance to get closer to Sara Eisen Simon hobbs funny faces. And figure out whats going on in the corner of the screen at all times. Bulls hoping to put a week of worries about Global Growth behind them. Dow falls 2. 7 , erased gains for the year. For the index people care about, the s p and nasdaq, they had bigger losses, suffering its worst week since may 2012. Earnings seasons r
Added last month, forecasts calling for about a gain of 180,000. The Unemployment Rate down 0. 3 to 7 , the lowest level in exactly five years. The question is whether or not the fed will scale back its Bond Purchasing Program when the central bank meets later this month. Jim, whether it was u6, the workers, the wages, theres not a lot to quibble with in this one. I was most concerned about an even bigger number. This is kind of good. It wasnt so great that the rates had to skyrocket. So its not a december taper number in your view. We just had plosser on saying dont make too much of one month. Thats right. There were three articles on how we got a big gdp number and they all said the same thing, which is its not going to last. That plus the fact that this was not 250,000 jobs i think makes it so that people want to say yellen will take some time, shell make a determination. If Interest Rates creep up a little higher from here, its not so bad. It is cinderella. Its nice to have a cinde
Not much of a market move, but still five in a row. Reporter yeah, well, five in a row to the downside. Yeah. Reporter the bottom line here. The dow jones industrials, up modestly 45 points in the middle of the day, and ended slightly in negative territory. If you want to know, what happened in the last hour, because thats why im here, folks, exxon. It did it again. Look at this. There it is. Are we down . Down. Exxon is down 19 out of 20 days by my count. And, yes, yesterday was 18 out of 19. Theres your problem. Energy stocks, chevron was also weak throughout the day. Volume picked up. Lets move on here. One of the reasons we were calm throughout a good part of the day is the 10year flat lined. Look at that. Its just about a flat line here. The yields, i mean, on the downside. Prices on the upside. That helped throughout the day. It helped, also, that emerging markets were a little calmer. It was generally downside day in emerging markets, but a little calmer. Theres the eem, the eme
Morning with the Economic Data in u. S. At 8 30 a. M. Then a tertiary index and Industrial Production and capacity. On the schedule today for companies, its the first day of the skifor montclair, fashion manufacture, up 41 in its milan trading debut. Draghiesident mario speaks to the parliament this morning. Lets do a data check. Futures are doing better after a challenging week last week. The euro is up after a poor showing end of last week. The twoyear yield is higher. It is a risk on field to the american economy. Chart to get your economic week going. The fed will have an important meeting. Overl sales go way up 2007. Our Industrial Production is way behind . You have different grades of manufacturing like utilities in that ip number but manufacturing is way down from where it was. It is two separate economies. We are buying more stuff from overseas. Stay tuned for our full coverage of the fed meeting tuesday and wednesday. Here is scarlet fu. We talked about a spirit of compromise
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