Money. Founderr of the new card vending machines that could revolutionize of the sales. Lori and it was this hour 50 years ago today that america lost its 305th president. We reflected the nation pays tribute to john f. Kennedy. Welcome, once again, to this new hour. We are monitoring events across the nation and the ceremonies remembering president john f. Kennedy. Ashley in 30 minutes there will be a ceremony at dealey plaza in dallas. We will bring that to you when it occurs. Lori other news across the nation and it comes in the form of a huge storm. Ashley it could start with snow in texas and in this trip the all important things giving commute for more than 43 Million People that are expected to hit the road. That turns the storm into a potential economic story. Lori this check and with rick joining us from the fox business Weather Center with the latest on this forecast. When and where. Well, you got a good start of this. A storm going right now. You will have a storm on wednesd
And nasdaq down 15 points, the sp sitting at 1752, also worth noting we were still on the 5 pullback area where we have been watching for the dow and the s p, the most recent highs, we were off 5 and 6 respectively. In the meantime what is interesting is trading, the market has turned a little bit negative. The fear index in the green at 1953. And the Third Session in a row, the key level as well and save haven of gold up 6. 5 to 2. 6 . Adam we want to turn to commodities. Will prices are wavering on the latest inventory data. Phil flynn is in the trading pits of the cme so supplies rose less than expected. Where are the bigger gains . Those numbers are skewered by the weather in the gulf of mexico. In the gulf of mexico last week we had massive fogs, storms, snow, you name it and oil tankers could not offload for. A lot of tankers are still sitting in the gulf of mexico that they think will get back in non land next week so that is tempering its somewhat. The other thing we are lookin
That is good news, right . Industrial production came in line and we saw Consumer Sentiment swept of a little bit. American express, visa and exxon leading the way on the dow and keeping an eye on ups. Shares have been down, the company warned 2013 numbers are going to be a little weak. They did handle record amounts of packages ahead of christmas it was after christmas that the company hit their margins, had a slew of borders, tried to keep up and face tough weather conditions. 1. 5 for ups. Ashley thank you. Lori is not just ubs, elizabeth arden, soda stream, lulu lemon, game stop among Companies Cutting their earnings forecasts. Negative sentiment crazy high on wall street, 96 companies on the s p 500 issue here earnings outlooks for the Fourth Quarter. They are well below wall street consensus. Corporate america at its most pessimistic level ever. David lucks is managing director at stifle nicholas. Market watch had this great title, warnings that record high so they are asking is
New website. This hour, the president joined those exclusively. Adam music legend bob marleys son. A good drinking cup of coffee. Lori moving toward session highs. Lets head down to Nicole Petallides. Nicole looking forward to that interview. The Dow Jones Industrials are up right now by about 72 points. People are taking a little bit of a breather. The first day, october 1, was actually the first day of a new month. New money comes into the market. The rest of us drifting to the downside. Any headlines from washington could be market moving. Lets look at walmart. Walmart saying exactly that. They are seeing softer sales because of the federal employees that are not shopping much right now. Back to you. Lori thank you. Little progress in the debate in washington over the Government Shutdown. Rich president obama and Vice President biden taking a lunch break. President obama is happy to have negotiations with boehner, but he cannot do so with a gun to his head. House Speaker John Boehne
Connell we have decided i will root for the cardinals and you will root for the red sox. Dagen i care. I am legitimately rooting for the red sox. Connell i will root for the cardinals. Dagen the red sox kind of anybody hard times. Connell no, they dont. We have a lot coming up to start us off on markets now. Nicole good morning. The Dow Jones Industrial average down 73 points. That is down about. 5 . The nasdaq composite down almost a full percentage right now. Today we have a mixed bag of earnings. We are seeing some selling underway. Boeing raised their fullyear earnings. Following is a winner. Other names like tesla, a nara and coach are pulling back. Connell thank you. Dagen discussing some of the problems hurting the rollout of the Health Exchanges and the Affordable Care act. Connell we are going to go to the white house right now. Rich edson is standing by. Rich these folks are losing the customers they need to be paying these insurance premiums. Later this afternoon, it is nega