Page 8 - Jon Pete News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stocks have been volatile following the hotter than expected read on inflation weigh negative than positive dow is flat. S p holding on the gains of about ten points doc, did we overreact to that inflation number on cpi . Yes absolutely we overreacted to it. And i know steves got some juice on that, so i wont step on your toes there, steve. But what we did in familiar particular, judge, i think it expoed, we were talking with some port folio managers nancy was talking about that the people that had been in that, judge. We saw a lot of people hitting the market even as we were down 250 points t...

Welcome to squawk alley. Were at post 9. Lets start with the markets on this jobs day the dow crossing back above 22,000 for the first time in two weeks. U. S. Economy added 156,000 new nonfarm pay roles in august. The Unemployment Rate did tick up slightly. Both july and june numbers were also revised Lower National Economic Council director gary cohen joining us earlier. Listen to what he said were look teg trend overall. Were looking at job growth. Were looking at job creation. And we see a lot of very good momentum in the numbers. The one numbers that went down were government. Weve always...

Wmaq meteorologist in the house with us today. As of 12 00, category 4 hurricane, but still only a few miles away in terms of wind speeds from a category 5 still very strong and very dangerous storm. You can see it spinning here right off to the right the path its going to take is westnorthwest and go right in between the bahamas and cuba in very warm water. So i do not see this losing much intensity. I even think we could see it intensify a little bit more as we mover forward today and then it does look to make aim on south florida, as we go into really sunday early morning. So lets talk abou...

Pete, its the least volatile september ever you guys are going to dive into that in a bit over at the telestrator to show us exactly how. But man, the stocks have been steady. Yeah. And i think part of the story, scott, is just the fact that you mentioned steady we talked about rotation those all feed into this i heard bob pisani talking about lack of volumes. But its not a lack of volumes in the derivatives world or options world where we are consistently trading close to just under 17 million contracts a day. This used to be a number in 2011 that was closer to 14 million a day. It started to...

And cofounder Roger Mcnamee good morning to everyone the pressure against big tech is not letting up uk Prime Minister theresa may making news saying her cabinet is considering regulating facebook, news organizations this has facebook ceo Sheryl Sandberg prepares to make a trip to capitol hill. Google, twitter set to testify next month roger, in this new oped youre asking them to go further. Mark zuckerberg, if he wants to earn our trust an forgiveness must personally earn it what do you mean by that i think the big issue were dealing with, carl, is that the people who are on facebook are on f...