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New hour of cnn, new central starts now its happening. Its here. One of the most consequential days in this election so far, Vice President Kamala Harris and Donald Trump set to face Each Other for the first time in a Debate Showdown in one of the tightest races in history and tropical Storm Francine expected to officially become a hurricane today, bringing Heavy Rain, Gusty Winds and a dangerous Storm Surge. Were tracking that storm as it strengthens. In the Gulf Coast. Plus a trucks suddenly disappearing out of sight. Oh, my my gosh. As the bridge beneath it collapses into rushing water. Well tell you where it happened. And who survived that. Im Sara Sidner with Kate Bolduan and John Berman. This is cnn new central it is debate day, aka a day that could end with a dramatically different 2024 race then it, which it began rig ....
Saying his call was wonderful. The white house was already trying to keep the record under wraps. Thecycle Fitness Company third worst unicorn debut since the financial crisis. Woworks cash plans go awry. Shery lets get you started with a quick checkup on how markets closed. It was a broglie risk obsession with stocks losing ground, at treasuries advancing, and the dow lost 80 points. The s p 500 lost. 25 which was the fourth decline in the last five sessions. We started lower given the whistleblower complaint in that impeachment inquiry against President Trump was released, but then, this was exacerbated after u. S. Officials talked about that temporary waiver for u. S. Suppliers to send their products to huawei. It could probably not be extended. Market sentiment was rattled. The nasdaq fell. 6 . Energy was the biggest loser despite the fact that we did see crude prices r ....
Part of ceos, certainly what we heard from starbucks last night that the consumer is becoming more cost conscious. The effect of higher rates, the effect of inflation is real. Its impacting lower income lower income consumers, and i dont think without question you could avoid that ultimately what does that mean i know some people have suggested, well, maybe the Federal Reserve puts on the table a possible one more ratea and ultimately what they deliver to markets i dont think is going to be too disruptive and send the market into a deeper decline. Sounds like what are you saying, the bullish story is over the Firm Landings here . I think the firm landing actually benefits. I think the firm landing benefits the premise that accommodative Monetary Policy is closer than we think i actually think you get the rate cut at som ....
Election is over. Theres all kinds of problems. Those stocks havent even participated since the election. Why are you zeroing in on them . Im pointing out that at the end of the day all of this month, or november, was spectacular, was based on a premise that everything has changed overnight and will be wonderful in 2017, all the regulations are gone, Interest Rates are better for banks, oil is going to stay at 50 and above. Thats a load of poopoo. Thats not going to happen. If you could have said whatever you want to say, this is cable. Others said it. Ill goad you into that. You want to go . Theres definitely pockets of strength and im surprise d you dont see it in pharmaceuticals. Thats why im pointing ou, kevin. I thought you would like that. The old line technology, some consider technicals. The intels of the world are two sectors that have not performed well since the Elec ....
Premarket. The company forming a special committee to review allegations about its business relationships. Analysts call going on now. Mixed review for yahoo first ever live stream of an nfl game. And trump speaking out in a town hall today on the today show. First up, the dow, s p, nasdaq each aiming for a fifth consecutive week of games. The s p up more than 8 this month, vaulting back into positive territory for the year. As we said, a busy week ahead. A lot of earnings including results from apple, pfizer, merck, exxon, dupont, starbucks, twitter. The twoday fed meeting, on wednesday, right here on cnbc, the republican president ial debate. Coverage at 5 00 p. M. Eastern time. As far as stocks go, jim, october remains the best month since 2011 for all the major indices. We have seen an incredible rotation out of health care, out of retail after the vf corp numbers last week. Into industrials. Into technology. The financials have held up fairly well. Not great. Not bad. Insurers hav ....