Their latest financial reports. Susan lee sat down with apple ceo tim cook this afternoon. Weve also got some very big news just out from twitter from the Ceo Jack Dorsey. We will tell you what you need to know about that before the markets open tomorrow. Im david asman. Joining me on the panel today carol roth, steve forbes, and zachary karabell. Lets head to susan lee who is at apple headquarters in california. A big beat by apple. You have more specifics from your own personal time there with tim cook. Thats right. So i think the main take away is that it was a Strong Quarter and also a very Strong Quarter heading into the holiday season. Tim cook says hes very bullish heading into the holiday season. The iphone 11 has been received very well. In fact, he sees the u. S. Economy as being very strong. I asked him about the u. S. Consumer given that we just got an Interest Rate cut from the Federal Reserve and in his view he says he feels very good about the u. S. Right now. As for chi
This hour President Trump leaves the white house, making way a Campaign Rally in mississippi. Well bring you the president s comment if he makes any. Stop to speak to reporters on the south lawn. Melissa what are odds he passes up that opportunity . Connell pretty low. Melissa fox business deem coverage. Blake burman live at white house. Gerri willis on the floor of the new york stock exchange. Edward lawrence in d. C. Why dont you kick it off. Reporter lets do that. The number of jobs created beat expectations. 128,000 jobs in october. The Unemployment Rate still near a 50year low, 3. 6. That is exactly what the market wanted to hear in conjunction with the chinese trade talks phase one moving nicely. Revisions are story in itself. Job totals for august, september were revised up. Total of 95,000 jobs. That shows continued strength in the foundation of the economy. Then wage growth. Wages are growing at 3 offer the past 12 months. That number low enough where there is no pressure on i
Hour plus wework woes the shareholder wants to shelf the ipo well have those details and discuss them later its the momentum crush. Investors are fleeing the stocks with the biggest gains and could be a warning sign for the Broader Market so Pay Attention power lunch starts right now welcome to power lunch. Stocks are under a bit of pressure take a look at the nasdaq. Thats getting hit the hardest as the momentum gains are selling off. On the flip side, we have small caps continuing their outperformance from yesterday. Up by 1 two headlines affecting your money. Stocks did jump higher on a glimmer of hope in trade talks but then they turned right back lower when President Trump said that he has fired the National Security adviser john bolton over policy differences. That news also sending oil sharply lower. We are live to wrap up what has been yet another very tumultuous day. Thats right. Another dramatic departure from the Trump Administration we got a little more context here we hear
Survivors and Law Enforcement officials, after being in dayton, ohio. Well keep you updated on the president s movements throughout the hour. Get ready for next contender in the smartphone fight. Minutes from now, samsung unveils the new galaxy 10 and 10 plus. What makes it stand out from the iphone. Well look at results from lyft. Shares are currently trading, below their ipo. Well bring you breaking headlines just as soon as we get them. Ashley back to those markets. The dow as we said rebounding from steep losses earlier today as treasury rates plunged. Investors worried about a economic slowdown as the trade war drags on between the u. S. And china. Edward lawrence at the while house with latest on exactly where that trade war stands. Edward . Reporter ashley, a lot of movement within china now talking about possibly showing this could be a prolonged trade dispute with china of the chinese fully expecting 10 tariffs on 300 billion of additional imports to go into effect september 1
Winning streak. Retail stocks taking a big hit firms that pose a national after retail sales unexpectedly Security Threat which could ultimately lead to a ban of fell in april for the second huawei. This is according to reuters. Time in three months. Connell well have more on the big Market Movers of the day. Scott what do you think of this . We have breaking news from blake it makes common sense if we burman at the white house. Think the quip is spy equipment what do you have, blake . Reporter were expecting why would we let it into the President Trump to unveil the new immigration proposal we can u. S. . I agree with you, melissa. Tell you here at the white house tomorrow. We had a similar thing with zte according to Senior Administration officials who sometime ago. Gave us a bit of a download there is concern and attention being paid there. Earlier today, what the president will be rolling out. Gosh, guys, as weve seen with the china dealings before, i. P. Were told this immigration