Rob Peck News Today

Now below 48. Roll back with china falling hard. The biggest drop in eight years. A 40 billion farm pa deal. Teva buying allergan and mylan and facebook. Its two price targets ahead of wednesdays earnings. The impact that is having on the nasdaq. First up this major selloff in china. The s p and nasdaq each coming a off the worst week since march. Jim, you have been fielding questions on twitter all morning long. Why the pain . You wrote, because we are china right now sample we are. I mean look...

Manufacturing contracted for the tenth straight month, and contracting at a faster pace. And this ban on Insider Selling will end in a few days. China put in some Circuit Breakers that remind me of 87 and they didnt know how the Circuit Breakers would work. They encouraged selling, not discouraged it. The communist party can be late at figuring out what to do. I would not count them out in terms of their ability to manipulate the market back up. One thing is certain of 2015, in the face of bad e...

Decelerating while a seemingly endless stream of Federal Reserve officials keep talking about the opportunity to raise rates. Why . So the f f can lower them agaiai when the slowdown at cisco ceo Chuck Roberts is predicting hits home . Could they really be that obtuse . All this came on the back of another pounding of the oil futures which in a bizarre twist is now regarded as awful news for the economy. Ththbears thesis is simime, the money saved at the gas tank means nothing. At the same time,...

Gains. Dow only closing up slightly, dow dropping, nasdaq risg. I know. I know i felt the gloom. It was palpable. All last week as retailer after retailer disappointed, and the oil and Technology Stocks were pounded mercilessly, i w blown away by how genuinely weak the market had totally become. I was on the rope friday. I was following the market best as i could. You should h he seen me. I sneak it in everywhere, look at this, thats whats great about this thing, look at that. There was madness ...

I know. I know i felt the gloom. It was palpable. All last week as retailer after retailer disappointed, and the oil and Technology Stocks were pounded mercilessly, i was blown away by how genuinely weak the market had totally become. I was on the rope friday. I was following the market best as i could. You should have seen me. I sneak it in everywhere, look at this, thats whats great about this thing, look at that. There was madness everywhere i looked. The night before we got that nightmare re...

Markets poised to open higher. Comments getting a lot of attention. Jack lew telling Steve Liesman, we will hold china accountable. Twitters Board Meeting is today in new york. We will get answers on the permanent ceo role. Details of nut tesla x and the lower costs on the model three that will not start production until 2017. Draghi holding a news conference. He says asset purchases going smoothly. Adding the plans to fully implement them. They see a slower increase in inflation lowering their ...

Of strength following the best twoweek run in nearly three years. Apple reportedly set to hold an investor call today ahead of a potential bond sale that could be priced in euros for the first time. And two big deals. Well get more details on that. But we begin november after a halloween rally which saw the dow and s p set some record closing highs each with gains of more than 2 for october. The nasdaq outperforming them up 3 and this week more earnings reports, Midterm Elections tomorrow and bi...

Those greek elections. Well talk futures, oil, the euro all bouncing off overnight lows. Americas largest home builder up more than 6 that is the stock and the premarket. And Apple Earnings on deck a report that apple sales in china exceed those in the u. S. Plus is apple pay at a Tipping Point . More on those stories in a few moments. First up though lets talk about these markets. Obviously a lot of people wondered what this morning would look like after the greek elections. The serisa party ta...

Bucks a barrel. 50. 65. Lowest since may 1, 2009. Last time if youre keeping track below 50 april 29 2009 when we hit 49. 12. How about the ten year note yield. I was on vacation didnt look at it every day, yeah 2. 091. Wow. Wow to both of those things. Lets get to our road map this morning which you can probably guess where it starts. The markets, crude, and euro all under pressure this morning. Global uncertainty is back in this new year. Chrysler reports a 20 jump in monthly sales. Were going...

There was also the Lilly Pulitzer collection during this quarter. Brian cornell, the ceo, has been focused on areas of the store where they see more demand they are raising the lower end of the earnings forecast for the year two for 50 to 465, that is the range they are looking for. They have presumed buybacks. A target ive hundred 62 million their own stock in the First Quarter in that their first back since 2013. Erik it looks like this is a margin story because target samestore sales came in ...