Cit Group News Today

Good morning, everybody. Im becky quick and welcome friyay were watching the equity futures. Three down days in a row, but the dow did make a pretty stunning recovery, down actually over 300 points after the numbers at 8 30 yesterday that showed that initial jobless claims were higher than anticipated. Ended down by 20 points at the end of the session this morning dow futures down about 13, s p s p are flat lining, nasdaq basically flat lining too well be watching this closely to see how people ...

Month of september, strong Consumer Sentiment numbers to go along with them. And later, gilead pushing back after the World Health Organization says the drug remdesivir does not prevent death in coronavirus patients. Weve got the latest details as power lunch starts right now thank you, ty. The markets are marching back after a few down days. Dom chu has more on whats moving decent sized gains but off the high of the session. We are up 243 points with the dow at the highs of the session, up roug...

Shares of boeing helping lead the dow higher following positive comments from a top european safety regulator about the future of the 737 max. More on that in just a moment. Boeing is up about 3 . The s p up around a percent, close to that at the moment, 59 minutes left, sara. Coming up on todays show, shares of Kansas City Southern they have held up relatively well this year ticking lower on the back of earnings today we will talk to the railroads ceo about those results. Plus we will talk abou...

I think everyone would agree, tgif, not from the dows perspective. All in all, we were up 13 on the dow, and the best week since 1938 and that is cold comfort given what weve seen and we are down thousands of points from our high just one month ago and the dow losing 115 points today. The benchmark tenyear treasury note ended kind of where it began at 0. 7 . When you throw a couple trillion dollars like the fed is at the bond market maybe you will see a move, maybe not, and continues to fall, an...

High. Yes, down 20 otherwise. Now when oil goes lower, airlines tend to go higher in terms of the stocks as those stocks rallies today. Can you see that each of them most of them up over 2 . We have the number one analyst Airline Analyst on the street with us to day. Jamie baker. Hell give us his top airline picks. And president obama just announcing new Clean Power Plan which could have a major impact on the coal industry and basically industry at large. Weve got the ceo of American Electric po...

Latest jane reporter guys, were starting to learn more about the Gunman Police believe he was a lone wolf who had no connection to any terror groups, but nbc news is reporting that stephen paddocks father was once on the fbis most wanted list in the late 60s. A serial bank robber once diagnosed as a psychopath and while paddock was born in l. A. , his father was first arrested here in las vegas. He had nicknames like big daddy and chrome dome. Does that have anything to do with what happened wit...

Tech land. First, we start off with the nasdaq hitting a record high, and tech stocks continue their record run. Check out the fab five, all these names either at or near their alltime highs. Boasting a combined market cap of more than a 2 trillion. The question is simple here, facebook retail and professional traders alike. If you have fresh money to put to work right now, which one of those names is still a buy . Guy . Valuation you have to go with google, alphabet, whatever theyre calling the...

Higher one and a quarter percent. Im glad you cleared that up. Me too. Kbupg after the bell. The results of Bank Stress Tests and a number of dimpbd and buyback announcements could follow well tell you what to expect. Bid up again today big moves there lets get to the market move today. The dow, s p having one of their best gains in two months the financials leading the way there, the nasdaq is the big leader with a gain the biggest game percentage wise here lets get to the Closing Bell Exchange...

I think its the wrong move for Senior Citizens of this countryv who depend on medicare and orsi medicaid, people of all ages. Its clearly the wrong move for our country. I yield the floor. The senate is now debating the nomination of steven minh ah nguyen to be the secretary of treasury. This is yet another nomination on which the majority has walked away unfortunately from a 20 year approach when it comes to the vetting process. Vet the vetting issue came up and both sides of the finance commit...

Cnbc interview with wilbur ross. Nafta letter, of course, laying out where this Administration May be going. In the meantime, the high stakes ecommerce war between walmart and amazon is ugly. Recode with a new story about that this afternoon. The reporter behind that story joining us in just a few minutes. Its like an episode out of steven kings the stand. That stephen king . Yes, not the one from yesterday. Lets begin with the big interview on cnbc this morning. Jeff, our colleague from cnbc eu...