The dow down as much as 123. The s p is up and the treasury at this point, it looks like the yield has been something people are watching again you dont want to see these move up too quickly it has shown some strength wti, yesterday was down 24 . That was the third worst day ever for oil prices. 18year low. This morning, wti is up better than 13 last i looked it was around 23. These moves with the dow, s p and massive moves yesterday in the market, all of us were a little relieved when the 4 00 p. M. Bell range. I was happier like you. I dont even know what you are thinking at 2,300. When it comes back 1,000 mike spointed out at one poit the dow was down 2,300 points. Im reaching for straws in the ocean but walmart. New highs. Close to alltime highs. I know why i know all of that if walmart lives, i think im going to live. I hang my head on amazon hiring another 10,000 people you saw amazon hiring like 10,000 people. People are still shopping. Becky, i saw we wrote an article. Higher y
At the beverage company. A 19year cocacola veteran. Most recently president of the companys european arm. Shares are basically flat today. Year to date they are down a bit by about 2 . Sara eisen is with us live this hour from the new York Stock Exchange. Sara, this isnt only a story about coke today. A big controversy erupting over the Health Impact of the soft drinks. Yes. Scientists at the center of this weeks coke controversy is speaking out. Dr. Jaimes hill at the universiy of colorado says the recent media reports on his work vastly oversimplify a complex issue, he says, of fighting obesity. Coke has faced a firestorm of criticism this week after the New York Times reported monday that coke is secretly funding dr. Hills work which says that obesity is mainly caused by lack of exercise, not diet, not calories like those in sugary drinks. Well, thats not entirely true, says dr. Hill. He says diet is a critical component of weight control as are exercise, stress management, sleep an
Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen im wilfred frost you wore the right color today for halloween. Its coming off more orange but it looks red we could have dressed up like everybody else not quite the thing to do at 5 00 a. M lets get to the markets. After tremendous month were capping off for u. S. Stocks especially the dow well go over some of the month to date figures. We will end on a strong note dow futures up 21 points in the early session. S p futures up 1 nasdaq futures up 11 after we saw a pull back in yesterdays session. But it has been a tech fueled rally on the back of some stellar earnings the dow up 4 for the month. S p up 2 tech sector having its best month in years as for the tenyear treasury note yield yields have lifted throughout the month. Its been a story of stronger dollar and better yields theyre backing off this morning. 2. 36 so back below 2. 40 on the tenyear yield they moved a lot yesterday on talk that the tax reform policy co
Hi, everybody. Good afternoon. Welcome to power lunch. Im Tyler Mathisen. Stocks were rallying big earlier. But were now well off session highs. The dow had been up 162 points. And had wiped out its losses for the week. Now, not so much. It joined the s p and nasdaq in being lower for the week once again, despite the gains that you see over my shoulder there of 70 points for the dow. Financials, tech, materials, industrials among todays biggest gainers. Melissa . Thanks, ty. Im melissa lee. Consumer sentiment coming in weaker than expected. Goldman sachs winning a legal dispute with libyas sovereign wealth fund, a ruling that goldman did not abuse the relationship and force the fund into deals that the fund claims led to more than a billion dollars in losses. And the Obama Administration eliminating 100 limit on the value of cuban cigars but american travelers can bring back from the island. To the earnings for the big banks here, clearly the big story of the day. Jpmorgan, citi, wells
Permanent ceo. Glencore, stops are dropping. We are waiting on Sales Numbers from ford and gm. With he will bring them to you as they break. First up, futures on the rise as we enter the first trading day of the Fourth Quarter ahead of tomorrows key jobs number. Jobless claims up more than expected, up 10,000. That fourweek moving average did fall slightly as they look to move on from what was the worst quarter of stocks in four years. The biggest loser was the dow. At nearly 7. 6 drop. We know, guys, the s p didnt fair much better. Down, 6. 9. Nasdaq, down 7. 4. Everyone talking about october. It has been pointed out today, the past five octobers, only one has been down. The ones that have gone up have been to the tune of 4 , 11 , 3. 7 back in 2010. The classic thing is to say it is difficult to get upside leverage in the first half of october. If you look at what we have experienced since august, did we bring forward the pessimism . I thought jim reed at deutsche ya said, if you thin