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Ahead of Quarterly Results. Stocks hitting a new all time low on heavy volume in new york. Crude prices bounce back after world demand for oil is growing at the fastest pace in five years but also warns that the supply overhang will persist. And welcome to the second hour of the show. The overnight devaluations of the chinese yuan spooking markets not just here in europe but in the u. S. As well. The dow gaining 230 points on monday but quickly reversed the losses on tuesday. The dow down by 190 points in premarket trade so we could be in for another day of selling here on wall street. The s p 500 lower by 24 points. This as Oil Prices Hit a multiyear low again yesterday that of course sending Energy Stocks lower. This is a very good stage of stocks around the world. They respond negatively to that move to deval its cu ....
Industrial production. Michigan sentiments at the top of the hour. Theres a look at crude back about 47. Our roadmap begins with ge beating the street on earnings, but what about nelson peltz . Companies such as yung, wyn. Alibaba making a multibillion dollar play for china. General electric up 29 cents a share in the Third Quarter held by demand for jet engines and power turbines. Ceo jeff emmeltz said ge performed well. Oil and gas revenues down 16. Power and water up 1, aviation up 5. I like the quarter. Plain and simple. When i see 4 organic growth, thats going to be among the highest of the Big Industrial companies. Its been the best performing industrial so far this year. I think jeff immelt, the transformation is truly happening and it is real. This is obviously Conference Call, we have the date, we have our repor ....