america joins us from the london. john forth, kayla once again. s&p awfully close to session lows. the russell has taken out lows from last thursday. as we get closer to that european close, this tends to be where the jitters begin. and we'll see where the afternoon brings. >> we saw a slight bounce after the european close yesterday but it was short lived. yesterday was the biggest point drop for the major averages. the fourth biggest all year. given the volatility in recent weeks, yesterday certainly was an indication how much this is ramping up. the today's slide would look a little more tempered compared to some of the escalation in prior sessions this early in the day. >> crude oil often seen as a barometer of global demand is 86 pntd 22. unbelievable that we were closer to 100 not too long ago.

there is a bear market officially in crude at 88.42. if we close there you can essentially call it a bear market in oil. you would expect some to be higher on that. but people are looking at the glass half empty as we get later. >> and that would be a bear market for wti that we just hit. they are now concerns over whether opec has to get involved with some response whether cutting output to a degree to help stem the decline in price. some of the middle eastern countries are asking for that. >> let's try to stem this macro worry and the market action to tech. what's it saying about where we are. >> september 2 snd is the nasda high in recent history. we are still really high. but dropping 3.7% in 45 days is

pretty dramatic. and tech investors were rattled yesterday. no doubt. >> people are pointing out, john top of the market was alibaba on the 19th of september. and at least for now that looks like a good call. >> it really does. and this morning take a look at a number of a stocks took a leg down as we started this hour. looking at stocks down 2 1/2% or more. yelp, juniper, spelunk. >> even go pro. >> go pro. up near a hundred. now it would be nice to stay near 90 even today. especially volatile in this market. >> one name in the green at least on the back of a analyst upgrade. grubhub. it outperformed and said its initial channel checks with restaurants found rave reviews from working with the service.

they found it was for lack of a better word, a seemless interface. pun perhaps there. but they were impressed talking to the merchants, who are of course the core of the grubhub business. >> and the security software maker is looking to split into two company, one that does data storage and. symant symantec, we could hear in the next few weeks. it wouldn't come as a complete surprise. >> it wouldn't. and when i look at the space and the companies we're looking at these are companies with growth issues. not that they are not necessarily growing at all but not up to investor expectations and it's getting harder to buy that top line growth. because it is expensive. valuations are up for smaller companies that would have been

take out targets. people talk about apple breaking u. it could. itunes is a business unto itself. no they are not talking about that. they are talking about more growth challenged companies. >> this is a $16 billion market cap. and hb is over, you know, in the tens of the millions of the dollars. ebay, 65 billion dollars. symantec, $6 million. >> j.c. penny halted i believe for news. here's more. >> it's not so much news. halted for a circuit breaker right now. it traded down very sharply, very quickly. we do know our own courtney reagan is at the jc penney investor day. there are head lines. number one, cfo ed record's presentation said there is a three year forecast coming up.

siting about -- for 2017. also they are saying the a current quarter same sales trends are trending to low single digit growth for sales in the current quarter. they had previously got in for mid single digits same store sales growth. also 36 1/2% gross sales is conservative. thi they can do better. and courtney is inside the event itself. we'll bring you more te taideta they become available. >> they have been a talking merchandise and business plan for several hours but sound like they are getting down to brass tax. >> john steinberg, ren returning to symantec and idea of companies splitting for growth. >> makes so much sense. i didn't even know this company was publicly traded anymore. $6 billion of revenue.

flat for a past few years. strok priced. it's flat for a year and a half. and in the business of the bundling security softwares with pcs with those sales flat. this is a company to john fort's point that is not growing. so they need to break up, act like a start-up. who even know they had a storage business and really focus. >> the operative phrase i heard from you is i didn't know this was a publicly traded company. do you think now it should not only be a publicly traded company, but two of those? this is a perpetual takeout target and obviously has not been bought for one reason or another. i'm wondering, do you think that the attempt to break up would be an attempt -- either john, at this point to -- >> these -- >> -- or to actually have a trading stock for both businesses? >> they could have gone private.

could have had private equity taken out but these single digit multibillion companies are okay. orb perhaps when they cleave off somebody else will want to take them out. but it creates an asset that people know what the there there is. >> this is the sort of company private equity tends to be interested. in this legacy business and haven't had a clear way forward in the mobile and cloud era whereas companies like lookout mobile secure and fire eye and palo alto networks have been lot clearer in targeting security solutions to where the market is headed. there are lots of people interested in storage software. look at emc and some of the active pressure there. they know there are buyers for security related things. but whether this is a buyable business in and of itself in this environment, less clear. >> we are getting a little bit of action i believe from by the post where jcp is straded and i

see dow jones saying it has resumed trading. the cfo now pretty much giving firmer guidance after a very long investor day so far. so if we get more clarity on what those data points mean and i know courtney reagan is joining us there. we'll get that you do as soon as possible. jc penney down about 5%. this morning's squawk on the tweet. put your self in the c suite. what is the next kbaen to split and what should the names of the divided companies be? tweet us and we'll get your responses later in the show. >> meanwhile a new piece of economic dat at the top of this hour. fed chair is watch closely and steve leaseman also. >> this is a kansas city labor market conditions index is attempt to take all the labor indicators out there and put them into one pot and come one a single number. actually two number. we'll get to that. but this number shows that it

strengthened a bit from minus .57 in august to minus .53 in september. and the reason why this is significant is zero is about the average since 11992. we've been as low as two. zero by the way is the bottom of where we were in the previous recessions so we're clawing back to where we were in the labor market with all these different indicators, the bottom of the prior sessions. there is another indicator, a momentum indicator. indicates how fast we're moving and that is an historic high. 1.12. 1.3 was the highest going back. talk all the numbers, get a single number out of it. and it shows we still have a long way to go to get back to normal in the jobs market but we

are making progress as reasonably rapid rate. >> thanks for that steve. let's get to courtney with more on jcp. >> i just walked out right no the q and a is going on. but we just got some financial targets from jc penney for three years out. look at 2017. and remember we haven't gotten financial targets in some time. so i do want to say jc penney is now forecasting a top line of $14.5 billion in the year 2017. three years from now. gross margin 36.5%. that is very strong and close to their near historic average. jc penney saying that is actually a little conservative. they think they can do better. a continued share growth opportunity of a billion dollars, they think. this three year time line, 2017

and opportunity of 1.2 billion. the shares have been halted do to volatility. i'm sure we're going to get more information to bring to you about more clarity but that is the biggest news right now. and these are numbers that we haven't got in some time from this company that's gone through an awful lot in the three years. >> and of course shares are resumed trading on that annualize. thank you so much court any. and one last comment from john steinbe steinberg. not typically your wheel house but i know you watch it. >> deja vu all over again. like walmart. this is the year where e-commerce hit offline retail very hard. people are not going into stores like they used to. >> and comes also on a day that we should mention sears not having head lines on its own. middle men concerned bt supply

chain and financial stability long-term. >> and we are seeing a big move in the stock mainly buzz of the time of year too. you don't want to see a story like that right before the holiday season, right as they are trying to build up inventory. >> and one reason the likes of a radio shack or others trying to solidify a financial base in a holiday season where you have faster burn rate on advertising. and seasonal works and costs go up. >> a number of researchers are saying they suspect this to be a good season for department stores. part of this i wonder is jcp setting ahead. >> divert some attention. >> yeah. >> and google shopping express or ebay now or things like that. to the extent they can pourve these companies which -- it's going even a higher cost structure for them. >> and by the way costco remains

a big dpaner today. john steinberg. safe travels home. see you soon. >> when we come back. he knows more about start-ups than almost anyone. funding over 700 companies in the past second. sam aldman, and when push comes to shove at microsoft? is it bill gates or nadella having the final say? >> and go pro could be a blast from the past. hands on with polaroid's new camera. awfully close to session lows. s&p 1929 and we'll be back in a minute ♪"in the hall of the mountain king"♪ [beeping on the computer] peter come take a look at this. [beeping sounds are more rapid] [beeping sounds are even faster] mr. daniels? mr. daniels? look at this. what's this? the numbers they keep getting bigger and bigger.

the clicks are off the charts. yeah the clicks are off the charts. yoshi, i'ts walt. we're back. yes sir! hi. [spoken in japanese] let's go! let's go! let's go! [spoken in japanese & english] i need more trucking. more shipping! more shipping! i need more trees! more trees? i'll get you more trees. hey! take a look at wood pulp. whoa. everything you got on wood pulp. right now! ♪ yeah! he really loves that thing.

. dovm has breaking news. >> we have some very sad news on the ebola front. this according to a spokesperson at the texas health resources from the statement, "it is with profound sadness and heartfelt disappointment we must inform eoyou have to death of the thomas eric duncan. he fought courageously in this battle. the our professional, the doctors and nurses are community are grieving his passing.

we are offering the family our support and condolences at this time. so again, the first patient to die of ebola in the u.s., thomas eric duncan. the death had been confirmed by resources. of course we'll bring more details as this becomes available. the first death from ebola in the united states, is with sad and heartfelt condolences we announce the death of thomas eric duncan. back to you guys. >> thanks dominick, chu. sad news. we did know he was in the words of officials fighting for his life and the watch remains on the nearly 50 people with whom he did have contact. this is the week symptoms probably would present so this story continues. >> this is sad carl, and sobering i think. sort of this idea that in the united states it's different. when we bring people here who contracted ebola overseas, that

there is this idea that the prognosis is better. and it is better. but this is a serious outbreak. and this really underscores that. >> one thing that patients in the u.s. john, as we know they have had is access to experimental drugs. one of which was made by chim chimerics stocks. and we were seeing better results when taking these experimental drugs. that stock is falling precipitously on the back of this. just as of yesterday thomas's family said he was improve bug he was still in serious condition and of course this is traj zblik thomas eric duncan has died this morning at 7:51 a.m. back in a minute. he most. he most. here. or here. or here. it's wherever this is. to get customers to come here and stay here, you're going to need an app that connects to all your systems. so they can bank, shop, do what they need to do, and you gotta do it fast.

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who work with portfolio management experts that's when expertise happens. mfs. because there is no expertise without collaboration. if you are just joining u breaking news a few moments ago that thomas eric duncan, the first person with ebola in the united states, has died this

morning. meg terrel has been covering the story. >> good morning. we just received word from the hospital a few minutes ago that thomas eric duncan, the only patient diagnosed with ebola in the united states passed away this morning. they say he succumbed to an insidious disease, ebola. and the doctors, nurses and as well as the entire community are grieving his passing. it is important to know he was admitted last sunday. 48 of his contacts are being monitored none reported to show any symptoms. but thomas eric duncan has passed way. >> trying not to focus so much on the share price of these companies for the moment but what does this tell us about the efficacy of these experimental drugs, if anything at all?

>> it's a good point. he was being treated with brins do brincidofovir. it's important to know while it's shown efficacy in other viruses they only tested it in a test tube against ebola. it is being used in another patient in nebraska. these patients are the totally different cases and maybe getting treatments in different times and stages of the disease. so it's nearly impossible to know. when it is not a controlled situation it is hard to tell. >> meg, if you could take a step back for a moment and look at duncan's situation and contrasting and comparing to other cases of ebola that we know of that the nbc freelance photographer who's been flown into the u.s. the two care workers flown in here. is there a reason based on the

amount of time that he had ebola before it was addressed, other factors why his case might be different from those? >> it's possible. he did seek treatment earlier than he was actually admitted to the hospital. so he was showing symptoms earlier than he started to get treatment. hef initially released and then a few days later came back and only then started to receive treatment for ebola. the other patients who were working in the affected west african countries were flown back to the united states to receive care. i'm not sure enough is known about the differences in times and of course i think each patient can be different. but i think there will be a lot of questions about the delay in care that was received in dallas and whether he had been treated earlier it would have have made a difference. i just don't think now anybody knows. >> and administrators have had trouble explaining that story why he was allowed to leave and what that said about record

keeping and communication among doctors. finally, meg, people still have questions about why the capacity to make these drugs. regardless of whether or not they work long-term is so limited. why can't they make these things faster than they are? >> well, a lot of drugs that have been suggested to be used are new technologies. one called the rna interference. these companies are small. and because they haven't been tested extenlsively until this situation and now the testing is being ramped up, the government is trying to think about whether stockpiles make sents to fund the ramp up of production. brincidofovir is smaller and shows more safety data. so it may present a different option. however they still don't know whether it works in ebola. and that is the main point i think here.

they want to make sure they are not causing harm for any of these drugs. >> on the razors n s edge in research cases here. thank you meg. >> we want to bring in simon hobbs because we are still watching the markets. dow near unchanged but europe has been the driver for much of the afternoon's activity. and simon, what is going? >> if it is the week that we realize that the u.s. is going to have to do all the heavy lifting in a gdp sense because europe is so weak. today may be the day we realize the european markets are actually breaking down. you can see a sea of red. i want to run you through where we are. as effectively people wake up to the fact that draghi and ecb not not have their back with qe. this is the europe s&p 500

basically. since the beginning of last month it is now down 5%. for the year overall you will now see that actually we have today raised had losses in europe. the s&p is still up 4 1/2 percent. but europe has zero gains for the zero overall what. a lot of people will focus on because it is easier to imagine is what's happening in germany. today is it german dax broke below 9,000 for the first time this year going back to the peek in july, it is down about 9 1/2, 9.4%. so it's not actually in correction territory. but this is an important point. no point before have we closed before. each time we got there we bounced in the past. so this is an important signal for a lot of people. that is at the top down level if you like. one company, which is a heavyweight within the german market. the main competitor around the world to oracle, sap. you see theed a ve ed a veradve

airport. q three was largely in line but the pipeline for q 4 is so far, quote, far below expectations. now bank of america and merrill lynch will say hang on it is a bit early to talk about the fourth quarter. most of the contracts are signed at the end as people plan for 20 2015. nonetheless it would appear that ceo has imposed a hiring freeze and requested managers to control costs by not traveling unless they have to and not employing people outside. i'm just suggesting this might be a canary in the coal mine for corporate europe and germany in particular. back to you. >> thank you very much. and that point about the dax breaking 9 k is important. >> it is. >> simon hobbs. managering to hang on to 1932 here. transports are on track for the worst three days in three years. back in a minute.

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if you are just joining us, the ebola story in the country takes yet another turn. thomas eric duncan, the first person to be diagnosed with ebola in the united states has succumbed to that. 7:51 oa.m. i believe dallas tim.

now screening efforts, changes need to be done but focus also on the medications. >> the nbc freelance producer in liberia being treated for ebola has been -- is supposed to get a blood transformation from the ebola survivor kennett brantly. just this morning he was notified that will be happening. that will help boost his immune system. he's also receiving the experimental drug that chimerix has been producing. meg just told us about it being tested just in a test tube. but still at this point better than nothing. >> given everything said to this point from the cdc, one wonders whether their messaging has to change at all. granted all the hype around ebola, partly because of the movies and tv shows up to this point.

we don't want people to panic. and now that we've got this head line about the first case in the u.s. where someone has actually passed away, wondering behind of messaging might come out about where this goes from here and what some of the conditions are around this case and others that we're beginning to see. >> all right. well in the meantime let's get to chicago and rick santelli. >> thank you very much. and i switched everything around. we like to keep it as real time as possible. to me the biggest story continues to be the european equity moves. and as i'm talking look at the interday of the dax it. breached the 9,000 mark. not only a psychological level but we now have a one year low in terms of the last time the dax was here, which is roughly the last part of october, 2013. and remember it isn't only about

the dax. the german economy albeit on a glade path moving lower is still not touching the ground. if you look at the cac, and open that stock market it's just had matured and taken out some levels that the dax has. but from the fundamental standpoint we know what is going on in france. they are not going to meet the numbers and since they were number two on the totem pole with debt to gdp. all the metrics that were so instrumental in letting the hall pass work in terms of which countries qualified and didn't, that to have them outsiders in this process isn't fairing well. and why do we care? well obviously our markets. look at a one year of the s&p 500. once again, like the cac and the dax, it has very similar turning correlates highly. but the key is this.

we all talk about the stock market and going on without a correction. this isn't a correction type market. and maybe it's one-third fundamental, one-third fed religion and therefore we are not look at the normal stock market and most likely not a normal correction. what will be the next step? to many have come on our show talking about great earnings per share and i understand that. but this type of market can turn on something agonize exogenous as those charts i just showed you. many of the dynamics that pushed had european forces up when their fundamentals didn't match you look no farther than the u.s. was leading the parade. so as far as what is going to happen in the markets don't think in a normal sense. think about crowd control. and should anything tip the scales where we see a lot more trading under 9,000 in the dax

or we see the one year lows in the cac, most likely they will correlate with the s&ps the dow the nasdaq and the russell. and if that happen, interest rates aren't going up. back you do. >> just like clock work. as european markets close we did get a bit of a bounce here. s&p back to 1935. we'll see if it holds. don't go anywhere. go ahead and put your bag right here. have a nice flight! traveling can feel like one big mystery.

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-- the american survivor who recently recovered from ebola just several months ago. and he also made a full recovery. but the doctors in that situation were not sure whether it was the blood transformation, that experimental drug, or a combination of all the various

treatments. so it is really impossible to know. >> and bottom line, this is sober, sad. someone had passed away from ebola. which is a condition that a lot of people don't know about. aside from the name and that it is scary. so yes there are a lot of diseases out there that people die from more frequently than ebola of course. but this is something where the ratio of the danger, someone has passed away, to knowledge about it, is extreme. i think it is our job to talk object these experimental drugs and also what is happening and what the facts are. >> and we are hearing from viewers arguing why is there so much focus on this one individual given the number who die from cancer every day. it has something to do with the violence of the disease. it has something to do with the fatality rate at 50 to 90% and the fact it's not well-understood. i think people don't have a problem understanding that.

>> and there has not within a notable government response to this. not only have we had travel guidelines as we learn this morning put in place where at the five busiest airports now passengers who are arriving from some countries in west africa will go through fairly deep questioning but also several months where the u.s. government will send 4,000 troops to liberia, $750 million in aid to keep the disease from spreading so it doesn't become a bigger contagion with what it already is. >> we got a bit of a balance as europe closed. the dow up a few points. it's been a rough couple of days. worst for the transports in three years. which boggles high mind. what would these have done if oil hadn't come down today. airlines getting a bit of a bounce that.

appears to be lost. real concerns about global growth and specifically european and german as manufacturing in that country has its worst month since 2009. a lot of questions about just where europe's economy is going and where it is headed. >> i think oil carl, we talk about it a lot but it really is the big story t precipitous slide in the oil market of pricing. and a couple days in the last week we've seen the energy complex c stock prices rise. but that seems to be over. with some of the major oil and gas producers, chesapeake, murphy, a lot are nearing 52 week lows because of what we're seeing with prices. >> the volatility is back. right? we started the show talking about how much things were down. major indices have come back to a large extent. and looking into the q-4 and jc penney and concerns over their q

4. a bit lower than projected sales for before. but a big reason is a lot of people buying from apple and a lot of people buying technology. and in all those people do in fact turn out to buy that technology it could be a happy holiday for certain companies perhaps a go pro and perhaps apple. >> don't forget we got to get through the fed minutes just a few hours ago. and get a better look into that. a lot more in a moment. don't go away. i love having a free checked bag.

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thomas eric duncan the ebola patient in dallas has died. and there will be some reaction to this. >> right. we don't have any reaction from the white house to this news of duncan's death in texas. what i i request tell you is we had a briefing yesterday at the pentagon, the african command part of the military rolling out the federal response to ebola in the west african countries. and the news there was relatively grim. the head of command is general david rodriguez and said some personnel in west africa could be expected to handle ebola. could be exposed to it. but -- i'm sorry, they would not be exposed to it even if they were involved in some mobile testing labs. those u.s. troops, a lot of concern surrounding whether or not they will be in contact with people who have the disease.

how they will handle that and limit the spread. but he's saying they will not be exposed to it. and of course the united states saying its effort here is all about getting into west africa, nipping ebola in the bud and stopping the disease there before it can spread here. also news from the white house earlier today about new measures for screening at american airports saying that the top five airports will now have additional screening areas. flights are west africa. people will have their temperatures taken and also bed can to fill out a questionnaire to provide details about travel history in an effort to stem the tide of ebola potentially coming to the u.s. >> it's not as if duncan's prognosis was stellar to begin with. i wonder if it is the prevailing view his death will elicit some policy response or change. >> clearly the effort from the white house has been all about telling the american people that the u.s. medical community has

got ebola under control. we saw this lengthy briefing friday night in the press briefing room which individuals from a range of agencies said we know how to handle this. it is not going spread the way it spreads in west africa because of the better technology and habits about cleanliness and procedures for burying the dead here. we won't see this kind of spread in the united states. the press conference was very much meant to reassure americans about the severity of ebola and the ability of the u.s. to handle it. i would imagine that tone doesn't change here despite the news today but we'll see what the white house has to say later in the day about new efforts to contain ebola and stepped up screening measures. all right just the one thing so far today. >> and that's what i'm wondering. you say you don't expect the tone that change. that makes sense and given the facts this is not something that people should panic about. but when you have a case like

this where someone has passed away. the picture has been all over the news for several days. do you expect based on understanding the way washington works on a kind of need for a shift of emphasis or a reiteration of what's been said to this point. >> yeah, officials in washington and elsewhere, cdc and other agencies will talk about this today and i suspect we'll get reaction from the white house at some point throughout the day. but there message has been very clear which is ebola doesn't spread through the air. you have to have contact with the bodily fluids of someone suffering with ebola while they are contagious. and although there were some missteps in the handling of the dunc duncan, nonetheless the u.s. infrastructure is so much better than west africa that we simply won't see the kind of spread here that we see in west africa. and that people can remain confident that the government is doing everything it can to limit this as best it can.

but the question is how the public are react if we see more cases come in or spread in the u.s. as the bloebl world and you know as well as i do how difficult it can be to stop the transition of viruses through all the planes all the way around the world, even if you limit flights or screen flights from west africa. you are dealing with people traveling through europe and into the u.s. so it is extremely complicated trying to stem the spread of this. but authorities said friday, and i expect will continue to say today they have this thing under control. >> that's been one of the most encouraging things about the past few days. even though cdc and fbi i think have investigated up to a hundred other case, no other confirms is good news so far. >> right. >> thank you so much. i think we do have sound coming from the secretary of state on this. >> president obama has made it crystal clear that ebola is an

urgent global crisis that demands an urgent global response. the united states has increased every aspect off our engagement. including treatment unit, recruiting first responders and supplying a critical set of medical equipment. >> interesting. and it really is obviously an international story at its heart. front page of the washington post this morning is all about the number of orphans that have been left behind in the wake of the crisis there. we think we've got troubles here. we have no idea just how rough it is on the ground in liberia and nigeria and sierra leone. >> absolutely. and given everything we know up to this point, and we have seen that response as eamon said that we would from the executive branch. this is a story that people are going to continue to watch because it is something we don't understand as well as we

understand some other diseases that are perhaps more prevalent. but this is an important issue, global. as we said. we deal in global markets we know how fast information spreads. >> information and misinformation as the case may be. >> yes. >> meg terrel is in philadelphia this morning. she's covered the story from dallas to atlanta and today to philly. meg, having stood outside the cdc just a couple days ago, what is their stance likely to be in the wake of this news about duncan? >> well, i'm sure that obviously they will be -- they will express condolences as all the health officials in texas have been and the hospital as well. a lot of questions i think now are being raised as to how to handle mr. duncan's remains. there is questions -- the cdc has guidance about this. they say an autopsy should not be performed. if one needs to be they will

discuss guidelines for that. a lot of questions about that. and so cdc does have guidelines in place. it is important to note. it is also important to note that 48 of mr. duncan's contacts have been monitored since his diagnosis in texas. none have shown any symptoms more than a week after he entered the hospital. but a lot of questions of course have been focused on and we'll continue to focus on the time line of whether mr. duncan was admitted the first time, or visited the first time and was dismissed. he came in thursday, the 25th. was sent home and then it wasn't until sunday he was admitted and placed into care for ebola. so a lot of question there is, carl. >> i know you sent around a note out of piper jeffrey, i belief this morning. taking a look at the chimerix. not so much from a stock angle meg but they do say hang on to your hats we still believe the drug's established utility has

room to go forward. what is the view on these experimental drugs? >> clearly the stock is reacting negatively to this news. folks will say he received treatment fairly late. the longer you are infected if more the virus has time to accumulate and it can be more difficult to treat ieflts important to know that very takeaways to be made from one patient about how this works. what we know about the way brincidofovir works in ebola is just from test tube tests that were performed in the beginning of september. now they are trying to move that into human studies. we now the drug is also being used in mukpo whose being treated in nebraska. and he's also getting a the blood transformation from dr. brantly who did survive ebola. but for chimerix specifically

there is data presented here and another virus that people have been receiving positively. and i think what's being said is the stock is bound to be moving a lot base on head lines because the newest opportunity for the company but there are other viruses in which the drug works. or appears to work. >> meg. thank you. in the meantime stocks little changed at 1934. back in a minute work with equity experts who work with regional experts who work with portfolio management experts that's when expertise happens. mfs. because there is no expertise without collaboration.

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. dow up for the year by just about 200 points or so. >> dow is positive but the s&p turned negative and the market internals don't look good. almost two to one declining to advancing stocks and more volume going to stocks on the downside than the upside. that is a negative internal indicator. relentless pressure on energies. brent is dropping again. brent and crude, west texas dropping again. there is one year of that two year low in brent. but look at the pressure we're starting to see in the energy complex. 52 week lows now. murphy, cabot.

52 week lows we're hitting. big companies right now. a slight expansion in new lows outside of the energy field. about 160 new lows at the new york stock exchange. deere is there. fluor. biggest construction company out there. also 52 week. but every day in the last month they have been down. eventually keep dropping you hit the 52 week low. and the autos, gm and ford are there. it's not a big expansion but higher than recently and the market internals are not very good today. this is a good day when the dow does not really indicate whereas going on in the overall market. >> thank you bobby. in the meantime as we get ready to hand it to the halftime. if you are just joining us.

thomas eric duncan, the first to be diagnosed with bole in this country did die this morning. it's with profound sadness and heartfelt disappointment that we inform you says the hospital. we'll toss it to the judge and the half. >> hey carl. thanks. welcome to the halftime show. we're going to continue to bring you the latest on the first person to be diagnosed with ebola here in the united states. meg you are the r meg terrel will have an update momentarily. amid a flurry from investors. small caps in a full blown correction. oil below $87 a barrel. and where does it leave us? >> it's important