largely in the red you can see other than spain, let s call it even for the uk s ftse crude oil also important to keep an eye on, given the moves last week the ten-year yield came off. still working off a big employment number on friday. we ll see if there s follow up to that and there s wti hanging right below 44 let s get to our road map this morning. and it starts with stocks. they are coming off a volatile week that ended in the green we re going to take a look what to expect this week ahead of fed chair janet yellen appearing on capitol hill wednesday and thursday and secretary steve mnuchin said a plan to raise taxes for the wealthy to pay for middle class tax cuts is not being considered we re going to discuss what should be expected, if anything, from the administration when it comes to tax reform. and amazon prime day is upon us. the deals start at 9:00 p.m. eastern, but will they be big enough to boost the bottom line? do they really need anything more i m gearing
heavy hitters from both sides of the isle are huddling with the president to talk trade and ttp, ohio governor john kasich, mike bloomberg, can they help the lame-duck president get it done when both hillary clinton and trump hate it. the hottest gadget in america has been on sale for seven hours. these are our cameras, trained on what were very long lines, they have completely thinned out for the iphone 7, what does that mean? on wall street bank stocks down. dow jones industrial down 96 poingts, a positive finish to the week might be in jeopardy, we will find out in 59 minutes because that s when the closing bell rings. we will start the count down. liz: breaking news this hour. we need to look at wells fargo stock, it is falling about 2%. the pressure is ramping up on both the company and ceo at this hour. the stock is down in part very much because ceo john has to pull out the bag and hit to washington, d.c. two congressional probes, john has to appear before the se
markets close in about two hours. let s check on where things stand. it is the end of the month, final trading day of the quarter. to dow is up 190 points finish friday close to where we began september. it is the same for the s&p 500. that brings us right around to the beginning of the month. day,asdaq having a nice .9% higher. there is speculation of deals. to go through some of the individual sectors, the banking index and major banks is what we have been concentrating on most of the day. deutsche bank has rallied up 15%. at one point, we saw a down 9% in german trading. this is on speculation the department of justice may fine deutsche bank like $.4 billion. citigroup rallying and bank of america. next is notbanks include deutsche bank but there is a follow-on effect. let s move on to other movers making highs today. amazon.com up 1%. qualcomm up 1.9%. check on the bloomberg first word news. david: mark? mark: hillary clinton wants to enlist 5 million millennials in the n
things get overdone and blown out but it shows how vulnerable it is at the end of the day. haven t even talked about sequestration which comes out friday. do you expect that that s going to have a large impact on the direction of the market? well, the market is telling us no. the market is telling us like it s embracing the idea of having the cuts and going back to work to restore some of the funding and maybe it s a line item thing and maybe the market likes that. maybe we re underestimating what the market brings and maybe we re too complacent about what the market can know. the closing bell is going to ring in a matter of minutes here and again in the midst of a big selloff yesterday in the final moments and here we are, the dow is going to go out in what looks looks to be a triple-digit gain and terry duffy, the guest host. and welcome to the closing bell. i m sue herera in for my colleague maria bartiromo and scott wapner in for bill griffith will join us in
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