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Johnson johnson and ibm. The winners are the banks, like goldman and jpmorgan and, of course, netflix last night. So the question is simple here. Given what we have seen so far in the companies that have reported so far, have the earnings justified the rally . Guy, what do you shea . I think so. The stocks that have done well are being rewarded as they should be. And there have been companies that have done poorly and theyre getting blasted. Ibm one of those names. But does it justify the rally . Tim has been making this point pretty consistently. In an environment where you have Interest Rate...

So why is it down for the Third Session in a row. Its lower by two and a half percent. They love the smell of big deals like this one. We until you hear his reasoning. We are watching backstage right now. The second he comes out to speak at this rally we will take it. The saliva camera. Thats when the speech begins. Campaigning and another key battleground state. New polls show the former secretary of state is the one gaining momentum. At all of the key locations. The Political Panel as well. We will give you a clear sharper picture of the race. Less than an hour to the closing bell. Lets star...

Time, and this is going to create tremendous value for our customers and, really, our investors. This is a good deal for investors. Speaking of timing, martin, it has been a challenging one for your industry. Oil services hundreds of thousands of layoffs. Where does that leave the industry . Are the layoffs done, and is there a sense that youre on the brink of a recovery . You know, sarah, we all hope that the layoffs are done. As ive said over and over again, thats the most difficult thing about this industry. That all said, you know, when you have these two great franchises coming together a...

Welcome to squawk alley this morning on an important day. Got our top story, obviously, less than a day to go until the polls open. The markets are in rally mode. Were looking at almost a 300point increase on the dow after fbi director james comey said the agency will not reopen its investigation into Hillary Clinton and her private email server. Watching the Market Reaction here at the nysc, john, lets start with you. We have less than a day left before this election is wrapped up. A lot of americans going to breathe a sigh of relief over that. Take a look at the battleground map by nbc news,...

19,000 for the first time today as well. Yeah. I think context is important here, scott. The russell had actually had the toughest time. A lot of that had to do with the huge earnings revisions downward because of energy and industrial and things of that nature. That is now reversed multiples expanding and weve seen the repair being done to forward looking earnings estimates. I just want to make a broader point, and this is really important. On the s p 500 it is not abnormal to make new highs. Its perfectly normal. Going back to inception, the 1950s, the s p 500 has posted 1,100 new closing hi...