But a key growth key metric there that the Worlds Largest sportswe maker uses as a gauge of future demand slowed, and investors did like it. Here are the numbers. Nike earned 73 cents a share, wall strt expected just 56 cents. Revee for the quarter came in at more than 9 billion. But that gauge of future orders was below forecast, and weighed on the stock initially. Dominic chu has more on nikes resu reporte another earnings report, another beat by nike. They beat, of course, when it came to the profit number, and they beat when it came to sales. But this time around, the weakness in nike stock and the afterhours sessi came because of the indication of future orders that nike has on the books. This is what people are going to order in the coming months, so its an indication of how much busine nike will have down the. This time around, nike showed some real weakness in those futures orders. They came in below expectations. But even more importantly, they came in below expectations for certain key markets for nike. And that is north america, obviously, with the u. S. And canada, but then, of course, in china and then the emerging markets, as well. Those areas of weakness are seen by many as perhaps becoming a little b more of an issue for that company down the line, and thats the reason why those shares are down in extended hours trading. Remember, they were already down about 11 over the course of the past yeartodate pe and the last 12 months. So those futures orders really taking a dive for nike shares. For nightly busine report, im dominic chu at the new york stock exchange. On wall street, stocks broke a twoday losing streak. The rally was held by strong reports on the economy and followed the first president ial debate. Suggesting the markets are. Iving the first debate decision a trump win, of course to some investors, would inject more uncertaiy into the market. But the close, the Dow Jones Industrial average rose 133 points, to 18,228. The nasdaq added 48, and the s p 500 was up 13. Stocks climbed despite a fall in oil prices. This is the prospect for a deal diminished. Both iran and saudi arabia played down the possibili of a deal in a meeting taking place in algiers. Iran has reiterated its voua vow, and saudi arabia said it would support a freeze but only if all players are committed to that plan. Domestic crude settled down more than 2. 5 . Trade is a big issue on the campaign trail, and today the World Trade Organization cut its forecast for the growth of exports and imports to the slowest pace since the financial crisis. The International Body says such a slow down could weaken longterm Economic Growth and should serve as a wakeup call, giving growing anti globaliz sentiment. The uncertainty around the election apparen not hurting consumer confi in the u. S. The conference boards index rose to its highest level in ni the report says americans feel better about their jobs and their prospects the same, even though they do remain neutral on their wage prospects. Last nights president ial de was the mostwatched ever, according to nielsons estimates. More than 81 million americans tuned in for the first oneono between democrat hillary n and republican donald trump. The numbers include 11 networks. They do not include, though, those who streamed it online through twitt o the next debate is scheduled for october 9th. Well, sniffles and snarky comments may have gotten a lot of the attention in last nights first debate between ms. Clinton and mr. Trump. But thats not what really matters. What really matters to most americans is the economy. And both candidates did have a lot to say. Steve lies reporte its really very simple. Tw dif visions of the right path to Economic Growth presente in the big debate last heres hilla i want us to invest in you. I want us to invest in your future. Hat means jobs and and advanced manufacturing. Innovation and technology. Clean Renewable Energy and small business. Beca most of the new jobs will come from small. We also have to make the economy fairer. That starts with raising the National Minimum wage, and also guarantee, finally, equal pay for womens work. Clintons combination of increased spending and higher taxes will increase the deficit by a modest 200 billion over ten years. Though some of her plans are federal mandates on businesses, like for a higher minimum wage or equal pay for women, that will be born by the private. And here is donald trum under my plan, ill be reducing taxes tremendously from 35 to 15 for companies, small and big businesses. Thats going to be a jobcreator like we havent seen since ronald reagan. Its going to be a beautiful thing to watch. Companies wil come, they will build, they will expand. New companies will start. And i look very, very much forward to doing it. We have to renegotiate our trade deals and we have to stop these countries from stealing our companies and our jobs. Trumps plans are estimated to cost 5. 3 trillion over a decade. Th his camp says theyll pay for themselves through trillions of dollars of benefits from deregulati and renegotiated trade deals. So for a very unconventional race, the economic choices have come down to typical democrat rn choices for the public. It must be added, though, the size scope and claims of growth from the Trump Campaign from his plans are considered by many economis as neither typical nor conventional. For nightly busine report, m steve liesman. The debate had an Immediate Impact on private prison stocks. Shares traded lower today, following comme made by the democrat president ial im glad that were ending private prisons in the federal system. I want to see them ended in the state system. You shouldnt have a profit motivati to fill prison cells with young a. Just last month, the justice said it planned to eventual stop using private prisons. The idea that states would follow pressured shares of two of the biggest operators in trading today. Wells fargos board is reported considering executive pay clawbacks. The bank is looking street into taking back some pay from ceo john stumpf and the banks retail operations, kari tolstedt. The board wants to make the decision befor stumpf testifies on thursday in front of a house panel on the fake accounts scandal. Senators have gone af wells farg for forcing customer to sign arbitration clauses when they open accounts. But its not just wells fargo. Millions of americans sign away thei legal rights when they enter into routine contracts with credit card companies, cell phone providers, even employers, which begs the question, are these arbitration clauses ryan wolfman is a law professor at Georgetown University law center. Professor, welcome. Good to have you do it. With us. How Many Companies to have these kinds of clauses in their contracts, and what sort of companies are most prone to have them . Well, nowadays, many large and even mediumsize companies are moving towards this in the Financia Services sector, in the internet sector, and even Many Employers have mandatory arbitratio clauses with their employees. Its a growing it grg phenomenon. Of. D is it fair to consumers or not . Well, in my judgment, its quite unfair to consumers, because it effectively means that the companies that have these mandatory arbitration clauses can break the law with no consequence, because when theres arbitration clause, arbitrat itself is too expensiv for small and mediumsiz claims. The only way to sensibly be able to enforce the law when you think its been violated is by going to court. Often, together, in class actions. All of these class these arbitration clauses these days ban class actions. And the Supreme Court has upheld that. I support a movement in congress and elsewhere in regulato agencies to overturn these previous decisions and ban these type of class action bans and ban mandatory arbitration. You know, i can almost hear people saying, well, of course, hes a Georgetown University law professor. Ofe hes going to be against these kin of deals. Because hes i think that is not correct. Because my my main concern here is not giving people access to the courts, although thats very important in our democratic system. T to deter wrongful conduct in the first place. So, for instance, wells fargo, and we all know what happened with wells fargo. Right. Creating these fake accounts and churning their customers and charging fees. If there is not access to the courts for compensation, for people wronged by wells fargo, its not just people that will be wronged and not compensated. But there will be no deterrents and deterrents is the key. I would like to see complete deterren and much less wrongful conduct and to go to court. It creates both no compensation and no deterrence. That was my next question. Forgive me, sue. The rewards under arbitration, are they capped . Oh, they frequently are capped, and they dont include things like punitive damages and the right to class action. But the problem is no one goes to arbitration in the first place, because its too expensive. S say i have a 300 claim. My employer has cheated me out because it didnt pay me overtime. I cant go to arbitration, becae in arbitration, i can only go alone, class actions are banned by Many Employers and i have to pay the costs often the costs of the arbitrator. The arbitration is a private system and private judges. And you have to pay for them. The beauty of our Civil Justice system, its supported by the taxpayers. One more question. I stole her. No, its fine. Very, very quickly, professor. Do most consumers know that they have an arbitration clause when they sign their name . No. Thats the problem. These are in take it or leave contracts, in which youve signed up with their Internet Service provider, youve signed up with your bank and buried in the fine print is a mandatory arbitration cla saying if you ever have a dispute with us, sorry, you cant go to court. Youve got to go to arbitration, and, by the way, you cant do it through a class action. So, in fact, you cant do it at all. Brian, thank you. Very interesti conversation. Im sure well pick it up again sometime. Wolfman. Love to be back. Thank you. Thank you, with Georgetown University law center. Coming up, investors who manage more than 2 trillion in assets say North Carolina is bad for business. And they are demanding in washington, its dejavu all over again. With just days before the end of the fiscal year, the senate blocked a spending bill needed to keep the government up and running beyon frida midnight. Eamon javers following the story from our nations capital. Eamon, is washington creeping closer to a shutdown at the end of the week and what are the sticking points . It is creeping closer to a shutdown, tyler. They tried today to get this vote done. They werent successful. And thats because of this main stickingpoint, the democrats want to see in this spending bill. They want to see money for flint, michigan. You remember the lead water crisis there. They are very unhappy, democrats are, that they havent been able to get funding to help flint, michigan, in that fight so far this year out of congress. They say this is their last chance to do it. Republicans say, hey, wait a second, well take that up in a separate bill all together. Lets just pass this bill this week to keep the government open. All of that sets us up for a showdown at the end of the week, whether or the get it done by october the 1st. So well have to wait and see. It typically, what you get is a lot of brinksmanship in negotiating, horse trading, going on right now. We expect they will get somethin done before we see a Government Shutdown this week. Thats just an expectation, not a guarantee. I was going to ask you to handled cap it, because they do have the habit of taking the market right to the brink. Yep. And increases volatility frequently. Yeah, absolutely. And what you could see over the weekend is one of those situatio where they have a temporary shutdown, they shut it down through the weekend and maybe monday where you have the national parks. But all the essential employees of the government would be working on monday. Thats some of the scenarios we have seen in the past. That could be where were headed here. Ultimately, though, if republics are interested in passing this flint money anyway, just through a separate bill, it seems like we could be headed for a compromise where they just stick it in this one and be done with it. Because a lot of members up on capitol hi want to get back home to their states and their districts to start campaigning. There is an electio coming up. Quick final thought on this latest report, hacked into democrats cell phones. Yeah, its interesting, tyler. Now were seein it expand from into their computers, into their phones. All carry these devices with us every single day. We know how much personal informn there is on their. Of reuters reporting this afternoon the new allegatis russians may have been hacking into democrats cell phones, and particularly possibly democratic a new level to this story. Still, very nebulous. We dont know who did it or why. But not hackers lying on a bed somewhere, presumably. Yeah. Eamon javers in washington, thank you very much. Home prices show no signs of slowing. The caseshiller home price index rose more than 5 in july from a year ago. To near record levels. As we have been reporting, Strong Demand for homes and a shortage of inventory are helping to drive prices higher. But unlike the period before the financial crisis, people arent borrowing as to finance their homes. If youre buying or selling a home today, you may be more frustrat with the process than usual. A severe shortagef appraisers is delaying closings and there is no shortterm fix in sight. Diana olick reports. Reporte joy smith is on her fourth appraisal this 23year veteran of the business has never been so busy. I get calls five, six, seven, eight times a day. And i used to go far away to do apprai. Bu there are so many, i dont very far any more. Smith is busy, because she is one of the fast many shrinking appraisers. Ironically, due to new rules designed to safeguard both borrowers and lenders. Anyone who wants to become a licensed appraiser must now get 2,500 hours of experience in two years as an apprentice. But appraisers are now required to be onsite during an inspection result, appraisers see no reason to hire and pay apprentice we definitely overcorrected and i think there was some unforese consequences. Initially, when they remove the trainee to be able to inspect the property, i didnt think they understood the trickle down effect it would have in affectin the entire mortgage some argue its not just new rules but Appraisal Management Companies underpaying still, as the number of appraise drops, the time line for appraisals grow especially as low Interest Rates prompt more refinances. Appraisal delays have jumped by 50 , just since the beginning of this year. Youre seeing significant delays, yo see cost increases,e seeing rates expire. Ep and without new recruits, the indus is aging fast. Now more than 60 of appraisers are over the age of 50. If youre really, really busy, you dont have time to train anyone. And if youre not busy, you dont have anything to train them with. Reporte cha to the new rules are being considered, but theres no quick fix. And in the meantime, the number of delays and the level of frustratio continue to rise. For nightly businereport, i diana olick in washin rental car stocks head in reverse, and ts where we begin tonights market fo shares of avis and hertz were hit hard after avis president and cfo said european demand in august was, quote, noted that weakened demand believed the softness was and driven by security concerns in europe. Avis shares fell 8 to 35. 77. Hertz dropped 10 , to 41. 55. Medical devices company, boston scientific, will buy endo choice for 210 millio endo choice, which makes products and services for treating gastrointestina conditions, wl become part of boston scientifics end scope business. Sh soared more than 88 . To 795, while boston design civic stopped. Kite phrma reported positive clinic results on a cancer treatment. Juno is having a similar drug that may prove to be similarly successful juno shares finished up nearly 13 at 33. 42. Kite flew as well, up 9 to American Express will hike its dividend 10 to 32 cents a share. The companys board approved a new 150 share buyback, this replaces amexs previous buyback that had 50 million shares remaining. Shar of American Express rose moren 1 on the day to 64. 28. The mattress maker temper sealy warned that Third Quarter sale will be below expectatio, saggy, and sees 2016 sales down from 2015. The company also guided its fullyear adjusted earnings lower. Sh of the mattressmaker took some lumps, initially droppi more than 20 after closing the regular day flat at t drivein Restaurant Franchise sonic estimated fourth r sales and profit will be below expectations. The ceo cited Lower Consumer spendingn res and continued com as reasons for the numerical miss. Shares of sonic initially fell on the after the bell news following aal fractional day. A group of u. S. Investors with more than 2 trillion in assets in North Carolina says that state is bad for business. And they want change. The group is calling on the state to repeal the house bill the house bill law that makes it harder for companies to hire top talent by limiting protectis for lesbian, gay, bisexual and transgender people. Eric spanberg with the charlotte business journ joins us to discuss the impact on business that that has had on that state. Eric, nice to have you with us. Welcome. Thank you. Th for having me. Do we have an idea of how much this bill has cost the stat so far . Well, the estimates range. There has been a high estimate of 5 billion. By the ucla williams institute, a law school there. A lot of people who support this law say thats grossly inflated. Locally, the c chamber of commerce says 285 million has been lost because of this state law. But this much is clear. Events, companies, co