Economist marty feltstein and Hank Greenberg all in the house. So much to speak about with each of them. Dont misa moment. Join us, coming up. Thats it, thats all we could find . We have more, actually. What a great lineup it is. Apples big day, big news as well. What are investors saying . Thats going to be key. The stock is acting true to form on a delivery day if you will. The stock runs up, goes to the big unveil. Weve seen this before. Sell on the news . Yes. Lets check the markets right here. They are buying on the news today. The Dow Jones Industrial average, strong here at the highs of the day a gain of 110 points, threequarter of 1 . Nasdaq composite also strong. Technology is one of the Leadership Groups the last couple of months. Nasdaq up 18. 75 at 1324. The Standard Poors with a gain as well. Bob pisani, what can you tell us. September was supposed to be lousy, remember go away, were up 4. 5 since the beginning of may. That hasnt been right. September were up so far. Heres
Futures are up and the dow gained 100 yesterday. But there is room for skepticism. Europes grappling with the same question helped by some decent uk inflation data today. And a tbill auction in spain. Our road map begins with what appear to be significant progress in the debt negotiations overnight. A whose proposal looking to raise rates for those making more than 400,000 a year. But senator corker on squawk just poured a bucket of ice water on those hopes. Whitney boosts her recommendations on citi, bank of america and discover financial. Is that move by one of the more famous financial bears, a sign of a new era for banks . Walmart is once again the target of a New York Times investigation. But does the paper add anything new and can the stock outperform just as it did last time. Private equity firm server said it will sell the firearms conglomerate. Is private equity talking about guns in the country. Futures moving higher on optimism. The white House Republicans rising above parti
That. One thing that could derail that, the jobs report tomorrow morning, dont you think . I dont, because i dont think one number is indicative of a trend, and i think weve seen a nice steady upward trend in the job market that way. Hasnt been quite the recovery we want, but its been study. I dont suspect one number, even if it turns out to be bad, will torpedo the market. Three other investors in the program, and keep mentioning this because we saw the trend develop, they are all reluctantly long. Thats the term were using this hour. Are you reluctantly long . Im not reluctantly long, at this point i am. 14,2, day trade and hedge some of my exposure. The trend going on three, four months ago, time to get in. They are hanging in as long as it will take them there. Terry, thanks very much. Good to see you. Here we go. Third day in a row record highs with the Dow Jones Industrial average with a gain of almost 40 points. Stand by, very big addition of the second hour of the closing bell
today. the dow picking up about 12.5 points today. nasdaq the winner on the session, up 15 points. apple represents about 19 p% of the nasdaq 100. s&p 500 high at 1451 even. the next two days will be eventful for the markets from tonight s presidential debate to september s jobs report coming out first thing on friday. we get a preview with our market panel right now. keith springer with me along with steve wood and mandy drury. thank you for joining us. let me get your take, steve. on the jobs report on friday, what should we expect? i think it s going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there s a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they ve been going back through previous months and knocking down those numbers. i think i wouldn t be surprised if it c
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