Data right now Barclays Says yes, the economist joins us to make the case. We are at historic lows and housing inventory, why thats pushing home prices down and rents down and how that will impact inflation reits and households well get to that. First, lets get a check on the markets. There is differentiation and the outperformance is coming in the blue chip Dow Jones Industrial average. Its been an underperformer with the broader s p and the nasdaq composite, todays trade has a lot of those kind of valueoriented type stocks one in the blue chip index and the dow is up 250 points and 1 higher and four companies are making the bulk of those gains and its United Health and amgen and also mcdonalds and boeing so if you take a look at some of those stocks and thats whats powering the dow and up about 30 points and right near session highs and we were up 32 points and up about 13 at the low and a positive day twothirds of 1 gain so far the nasdaq composite is an underperformer and reversion
Slaughtered. Rallies on different sides for the same call of peace. This morning. Frustration and concern grows in the bay area as the israel and hamas war intensifies. The Israeli Military now preparing for its next stages of war. Good morning. Its sunday, october 15th. Im stephanie sierra and we will get to the latest in the middle east in just a bit. But first, lets check in on that forecast. Good morning, lisa. Hey, stephanie, good morning to you. Waking up to very dense fog out there. Visibility has been reduced to a quarter of a mile or less, starting out with live doppler seven. So you see the cloud cover ahead of us. High pressure is building in and compressing down on the atmosphere. Thats why we have all of that moisture right at the surface. So quarter mile novato half mile in napa, just over two miles in santa rosa, two miles in concord. And you cant see anything at all. Down by Half Moon Bay. So until 10 00, you can see the north bay, the coast around Half Moon Bay, all th
Hope youre having a good one. I am maria bartiromo, it is 8 a. M. On the button on the east coast. Antiisrael protesters crashing the white house Correspondents Dinner over the weekend, they crashed the red carpet. Saturday night. Celebrities getting mobbed on their way in. Hundreds of protesters chanting against joe biden outside the washington, d. C. Hilton hotel. Listen. Shame on you shame on you shame on you maria more as the president is accused of playing both sides of the protest, i spoke with Alan Dershowitz on sunday morning futures yesterday. Hes most afraid the protesters will become terrorists themselves. Watch this. Its a deep problem at universities today with their diversity, equity and inclusion bureaucracies and intersectionality. They have been teaching antisemitism now for several years x its come to the fore. What im most afraid of, among the people in front of claim university are people who will become terrorists, who will help hamas, who will be part of the fifth
The holiday. Lets get this show on the road, power lunch starts right now welcome to power lunch. Im will stocks lower this hour, nasdaq and russell 2,000 did manage to hit record highs before pulling back Oil Pushing Higher in more than two years and check out individual movers as well. Amazon hitting alltime highs today. Under armour reing but the stock on pace for its worse year ever. More than that ahead serna, expected to announce a deal with the company and gamestop rallying posting strong results. Michele . We begin with this hour with ubers hack attack millions all over the world have been affected whats causing outrage however, uber paid money to cover it up joining us now with the latest, deadria . Hey, michele, the names, emails, drivers license numbers of 57 million riders and drivers were exposed uber paid as you said 100,000 in hush money to the hackers and hid the breach for the public and regulators for a year. Drivers are only now finding out if they were affected. I s
Year im Brian Sullivan welcome. Power lunch begins right now she works hard for the money so hard for it, honey im Michelle Carusocabrera at the New York Stock Exchange back in rally mode, the markets, highest in three days been all three indices on track for a positive week. Dow jones industrial average higher by triple digits. These days only a gain of half percent. How much of a rally over the last year. Goldman sachs, two names leading the dow higher Goldman Sachs and chevron hitting a threeyear high, by the way. Energy, outperforming, etx, xle on pace for its best in the year and all big winners. Alltime highs, home depot, c t caterpill caterpillar, fedex, and big loser, pg e due to california wildfires. Beginning the hour with breaking news on the fed Steve Liesman joins us with more. Thanks. Cnbc learned from sources familiar with the situation that leary lindsey commit considered fed vice chair job, lindsey interested in exploring the job. We dont know what status the discussio