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Transcripts For CNBC Power Lunch 20150902



the exchange. stocks currently moving back up towards highs of the day. bob, okay, it is a rally but how low is the conviction at this stage? this is a rally but not with a lot of conviction. we need a little more buying enthusiasm. we re not getting it right now. but still 200 points, nothing to sneeze at. we had a nice move up prior to the open because productivity numbers were better. we are now approaching the highs for the day. little bit of a midday rally. let s look at the markets in the middle of the day. right now 3:2 advancing to declining stocks. heading towards 2:1 very shortly. moving in that direction. volume s been moderate. not saying this is heavy. this is the lightest volume since we ve had this volatility. speaking of volatility, vix is below 30. just a few points moved there. dow leaders, fairly broad advance here. home depot is one of the few dow components up this quarter. these are nice advances. just not seeing much volume. it is not a normal v ....

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Transcripts For CNBC Squawk On The Street 20150903



markets poised to open higher. comments getting a lot of attention. jack lew telling steve liesman, we will hold china accountable. twitter s 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 growth request through 2015. 1.4, 1.7, 1.8. now, they are talking about, can we change the size or duration of their plan? they are crushing europe. the dollar is soaring. this is a level that american exporters obviously are saying, are you kidding me. they have to get the euro down to be able to maintain growth. this is really great for germany. they don t talk about maybe they are talking about the immigration situation. obviously, germany is going to be able to build all ....

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Transcripts For CNBC Squawk Box 20150908



look into the future. today kicks off with a focus on investing. our guest today is hedge fund legend leon cooperman and gabelli and rick rieder. we re excited to bring you this conversation all here at 8:00 eastern time and later this week, presidential candidate jeb bush and bill ackman but first let s get you up to speed on today s headlines. so that was the 20 year i thought it was 20 years since we had all been here at the same time. three months. no, three months. summer is up. beginning of game day. it s a feel good song. we are united. we have not seen each other for weeks. let s get caught up this morning. u.s. he equity futures. here it s. we ll show you what s going on. we are rallying this morning. dow looks like it would open up much higher. s&p 500 looking higher as well. another volatile trading session but by the end of it things were looking up there as well. chinese stocks rallying into the close. the top economic planner approved railway ....

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Transcripts For CNBC Closing Bell 20150909



also, a new apple tv and ipad pro plus, that apple pencil. a few of the announcements coming out. we ll take you there live with the details coming up. fitbit is on fire these days, up 7% this week. we have the analyst that says that stock is going to $50 a share. plus, new details on the wall street heavy weight who went to meet with the chinese government. more on that story coming up. that s very interesting. let s start with the latest from apple s event. i m sure he s having to keep talking to us while it s going on inside there. give us a quick recap of what we ve what s been unveiled today from apple here, john. well, you caught me at a good time. they re wrapping it up. i ve got more detail than i ve had up until this point. and key details on pricing. how does apple talk about pricing in a world where so many carriers are moving away from subsidies? well, the same way. they will be priced the same as previous generations. the 6 and 6 plus are going ....

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Transcripts For CNBC Squawk On The Street 20150910



let s see how we are fairing, right around 2.2, somewhere in there. i say it from memory. we won t show it to you. hanging in there around 44, 42 for wti. let s get to our road map. investors seemingly in for a repeat of yesterday s losing session at least at the open. the final hurdle cleared in its largest acquisition ever. an exclusive interview with ge chairman, jeff immelt. former treasury secretary, larry summers, standing against a fed rate hike, will join us shortly. stock futures giving up some early, early gains, extending their losses from yesterday s clothe close. jobless claims down 6,000 to 275,000. import prices falling 1.8%. that was the biggest drop in seven months. all of this one day after wednesday s big game turned into a big selloff. another 400-point intraday swing in the market. intraday reversal has become the name of the game in wall street. it is nothing like what we started at here in the morning. another 400-point swing. yesterday, i ....

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