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Fears about trade, growth and rates. New phones, new watches and a big bet in tv. Your next trade on apple and the stocks in its universe shares of costco soaring 45 this year. But is a pullback coming its our call of the day Halftime Report starts right now. Good to have you with us on this wednesday, 9 11, as we remember and always will your Investment Committee today, joe, steven, jon and pete na, welcome, everybody stocks are higher this hour. The dow trying for its sixth straight day of gains. Not bad. But we begin with the big trade happening now in the overall market momentum apparently is out and socalled value apparently is back jpmorgans quantity grew who called the rotation about two months ago says the flight from momentum has only begun. Id like to start the show, guys, the hour with a stat i pulled out of fax this morning i think kind of will highlight be ....
Shares of dow component nike rallying today after the company said it expected sales growth to be in the high Single Digits over the next five years the Company Holding its investor day investors are liking it so far so far. And mark parker will be joining us in a rare and exclusive interview to discuss more about his plans for growing revenue for the sportswear giant. Its the best performer in the dow components today President Trump said earlier this afternoon the u. S. Desperately needs tax cuts well talk about that and more, Congress Secretary wilbur ross will be here post nine joining us exclusively coming up in a little bit good lineup of guests. We have a good lineup today. Lets get to the top story. The market selloff continuing today. The major average ....
Nice orange tie. That would make me Bill Griffeth the end of the month, which z stocks are the big winners and big losers for the month of october. What a year it has been for the stock market today the cme looking to launch Bitcoin Futures before the end of the year. A wall street expert says it reninds hr reminds him of the financial crisis all over again. Terry duffy will join us to discuss that on a first on cnbc interview coming up. Kind of like christmas music, you can only play it that one time right . Then tomorrow its too late. All right. Lets get to washington where executives from facebook, twitter, and alphabet are testifying right now before the Senate Judiciary committee about social medias role in last years president ial election Kayla Tausche has t ....
I mean, up or down. Lets just see. The european markets have been open for some time. There we can give you some actual answers. Also, well, largely down other than the ftse in the uk which is up. But no great moves there. Thank you for italy and spain in the control room. I like to see a broader picture other than the big three. As for crude oil which we go to next, 2. 276. Wti back above well above its kind of a stealth move there a little bit. Thats all talk ahead of the opec meeting. Hot air . Yeah. The saudis have cut back by 500,000 barrels because the u. S. Is increasing by that much in if next four months. So interesting. Well talk oil during the show but lets start with retailer. Two are falling sharply. Tiffany with a surprise drop in samestore sales and lowes also missed on its top line. Plus, were awaiting a new outlook from the fed. The u. S. Futures are more or less flat after the longest winning streak is extended. Over in china, a downgrade. Moodys lowers its rating on ....