thank you very much, seema mody.o, dan, how -- >> that rhetoric is really interesting in a lot of ways. i've been kind of saying this over the last couple weeks, that i don't think hillary clinton is elizabeth warren. and i think there is a lot of really bad news priced into the biotech sector. the real fear is the democrats would win the presidency, win the senate and then they win the house. and then, you know, the headwinds about pricing, drug pricing, become a very big deal. i don't think that's all going to happen. so i think that there's a good chance that into year-end or maybe into the new year, biotech stocks start to rally. the two charts i want to pull up quickly, the ibb, nasdaq, biotech, etf, traded in a well-defined range, 34% from the 2015 highs, down 20% on the year. only up 12% from those lows. that's a problem. but i want to look at the xbi, the s&p biotech etf and look at that one. it looks very different. i think carter will probably agree with me. it's actually made a very nice move off the botto

we got that news just a few minutes ago from seema. stock is up almost 22%. >> i mean, you really -- >> you know how these things go, right? >>. >> that's been around for a while. >> i do. i'm looking at -- if you look at this dva is the symbol there. this is a really interesting one. this is a stock trading in the mid to upper 70s back in july. you go into august into the earnings, and, unfortunately, the guidance was a little bit short. that sort of got caught -- people off guard. this stock hit all the way down to 55 poed today. >> if it goes under 55 plus that premium, i'm willing to own that stock. when you look at bh where it is near the lows and the big guys that own it, 38 million shares with warren buffett and brookshire. there's a lot of reasons to want to look at this name to say, hey, you know what, i think there's some up side. i do. i saw the puts and bought some calls though. >> yeah, that's the way i'm going to play it. >> two and a half days. >> no. i got it to november as well. i'll be in there for a solid two weeks.

molly and seema, thanks for joining us. thank you. >> thank you. >>> weather is, of course, the other story we're keeping you updated on and we want to give a brief update. hurricane matthew, category 4, the strongest storm to hit the atlantic in a decade. raphael miranda is here. what is the latest? >> we may start to see the tropical storm force effects as early as 36 hours from now in jamaica and also haiti. those are the countries most concerned with matthew right now. but eventually it could be a factor for the u.s., as well. we've been watching as matthew has seemed to stall out a bit, a bit of wobbling going on and fluctuations in the intensity over the next 24 to 36 hours, as well. it was a category 5 storm, weakened a bit down to a category 4, but the winds still 145 miles per hour. those are the sustained winds. we're seeing higher gusts than that. here is the track over throughout the weekend. making a near pass to jamaica tomorrow night into monday morning. and then possibly landfall in southeast cuba. that's on

>> seema, thank you.illary clinton is heading out west today, donald trump is trying to regain momentum in florida. tracie potts has the latest from washington. good morning. >> reporter: in terms of these republicans defecting, donald trump's attitude seems to be let them go. he's moving full speed ahead, especially in florida today, a battleground state he really needs to win. >> we have to investigate hillary clinton. >> reporter: this is donald trump as he puts it, shackles off. trump tells bill o'reilly, he's unfazed losing support from paul ryan. >> i don't want his support. i don't care about his support. i want to win for the people. >> reporter: to win, trump needs to win florida. clinton leads florida by just a few points. >> your vote really, really, really counts. a lot. you can consider me as an exhibit a of that. >> clinton's out west today after campaigning in florida with al gore, focusing on his signature issue, climate change. >> we cannot risk putting a climate denier in the white house

seema, i'll start with you. your reaction to trump's defense, particularly his characterization of these women who are accusing him of this misconduct. >> i think his defense that he's totally denying it, saying it happened decades ago, why are they coming forward now. this certainly plays with his supporters who believe him. the other interesting thing about his defense is that for a number of these women, he's basically said, look at them. they're not attractive innovative for me to hit on. which i question how well that will play with women voters in swing states. >> and alex, i want to play for you what trump said moments ago. and we'll talk about it. take a listen. >> hillary clinton should have been prosecuted, and she should right now be in jail. instead of being held accountable, hillary is running for president in what looks like a rigged election. >> alex, talk about who trump is talking to here when he brings up these conspiracy theories. >> right. and that is really the best word to describe them. th

we have pal pal's numbers and seema mody will bring us earnings from advanced ç microdevices.s on we have cnbc pro columnist michael santoli and tim seymour joins us. we had earnings. we had data and we had post debate analysis. what today ostood out to you? >> it wasn't that big a market mover. on the currency side we got a move. within the range in the most part. within the range is the story for all of these asset markets. i feel like the corporate bond market is strong enough to support stocks where they are. earnings are good enough. you had basically the typical beat ratio but yet not necessarily a broad theme. it all makes sense. i think the big thing that i take away is people are getting frustrated. we see sentiment measure start to roll over and people saying they are exasperating. that probably set[ xou up. i don't know if you have to have the sharp drop first. >> gut check as you pointed out earlier today. what are you waiting for in earnings? >> in microsoft you have a mega cap name that is performing and transformed the business on the fly like so many others in

. >>> seema mody is back at post nine. hi, seema. >> that's right, carl. mostly ending lower. a lot of focus on the ftse 100, which surpassed its all-time intra-day high. the driving force seems to be the uk pound, falling deeper into negative territory, down about 6% since uk prime minister theresa may outlined her hard brexit plans. earlier today, french president holla hollande adds there can be no negotiatings before then. stocks on the move, big day for europe's luxury sector, lvmh posting better than expected third quarter sales. christian dior, hugo boss, among others, having a positive session. weaker session has been a silver lining for these high-end retailers, the world's sixth largest market for luxury spending. >>> vladimir putin has been making headlines for various reasons, opec production cut yesterday. today, he canceled a planned visit to paris next week amid growing tensions over the syrian conflict, demonstrating the pressure building between him and the west. kayla? >> seema mody here at post nine. >>> back to samsung. a lot of people are wondering what is

looking forward to it. >>> now rick santelli of the santelli exchange. >> hi, seema.>> i'm going to continue to revisit this topic. there has to be so much more discussion. obviously, political season, we're all sidetracked with useless things that don't really altar our future as candidates talk about things of the past. fed normalization of interest rates is key. i call this piece stocking up for rate normalization and i'll tell you why in a second. first of all, in my opinion, there's one almost victory fed policy. s&p 500 in early 09. way better than the recovery we had in the economy at large and way better than the recovery for the middle class. i heard hillary talking about the wells fargo fraud. it's horrible there's a fraud. let's not delude ourselves. let's look at who was in tenure in politics, from '05 to '08 when things like tarp, writing checks to banks all occurred and the notion at the epicenter is what was going on with housing, making people have houses they couldn't afford. it didn't work out well. there's those same types of promises in a variety o

seema mody now with more on the company's quarter. >> after a weak first half of the year, wall streetas hoping for a rebound in revenue growth from the industrial giant. but weakness in general electric's oil and gas business continues to hurt sales, prompting the company to lower its full year revenue forecast. analysts had been targeting second-half growth of about 50% in ge's power business. its largest division. in the third quarter, power revenue grew only about 7%. goldman sachs calling it a weak operational quarter. but despite the challenging environment, ceo jeff i am mult remains positive. >> executing well in a tough environment. we continue to aggressively manage costs while positioning for long-term growth. the business fully leverages the g store. it will come out of the cycle stronger. >> ge lifted its cash flow outlook and announced a boost to its share buyback by an additional $4 billion. for "nightly business report," i'm seema mody. >>> fellow dow component, mcdonald's, was one of the bright spots in today's session. its quarterly earnings were better than expected.

currently the best forming ipo so far this year. >> thank you very much, seema mody. so this company goes public in june. which was four months ago, approximately. and now it's going back to the market for more money. what do you think? >> i would too if i were they. no dummies over there i guess. very reminiscent of go pro, came public, stock went up to 90, i believe. and they did -- in secondary and insider shares selling. i get it. i think it will be absorbed, though. >> it's like my kids. you give them money at first, right, they're happy and then they spend it all so you've got to shut them down. my point is, until the market shuts them down, to karen's point, they'll going. why not? >> are you a market in your house? >> no. >> i'm not anything in my house. >> let's switch gears to football. are you tuning into the big game this weekend? probably not. four weeks into the season and ratings for the nfl continue to slide. down 11% from last year. so will advertisers pay the price? julia boorstin is in l.a. with the details. julia. >> melissa, the nfl's ratings decl

>>> welcome to "squawk alley" for a monday morning, john ford along with seema modi, also joining us today, roger, great to have you as we kick off october and the fourth quarter. we begin with tesla this morning posting its best sales quarters ever, reporting double the same quarter last year. the new numbers suggest the fatal crash in florida regarding the autopilot feature did not have much of an impact on sales. tesla is still in the midst of a merger with solar city, but you're in tesla country out there, roger. how much of an affirmation is this about their production schedule? >> well, you know, i think, carl, that everybody out here cheers for tesla. i think that the notion silicon valley could revolutionize the automobile industry is something that i think people out here take great pride in, and i think everybody cheers for them. i think the challenge really comes next year, because next year is the year that the old guard, which is to say general motors and other major manufacturers really come into the electric car market in size, and i think they are going to come way do

seema modi is back at hq, hey, seema. >> stocks moving mostly lower, led by declines in the energy sector's really the bond market stealing the spotlight on monday. german yields rising to a four-month high ahead of this week's ecb meeting. more on that in just a moment. meantime, uk gilt yields slower over concern of the brexit, but portugal yields are falling to a one-month low after investors slashed 2014, this is seen as a positive development ahead of its credit rating review on friday. talk about stocks, down more than 8%, the publisher reporting disappointing nine-month sales citing weakness in the north american higher education market. there's also some more news around deutsche bank, reports say deutsche bank is discussing a cutback in u.s. investment banking operations, looking to seek money as it seeks a settlement deal. shares down fractionally on the day. if you thought it was busy in the u.s. with earnings, check out what's in store for europe, inflation data comes out tomorrow, more chatter around the bank of england allowing britain's inflation target to overshoot 2%, so

seema's here.right, europ stocks dropping lower, dragged down by the technology sector, which has fallen 2% due in part to ericsson tumbling to a multiyear low after they issued a profit warning amid heightened competition. this comes after ericsson's recent management shake-up and announcement 36,000 job cuts. the stock falling more than 20%. the other big mover is in the currency market. the uk pound reversing its downward trend, now on track for its biggest gain in months after prime minister theresa may supported the decision for parliament to weigh in on the brexit debate, easing concerns about a hardlined approach to negotiations. earlier today, the prime minister spoke about the brexit talks while addressing the parliament. listen in. >> what we are going to do is be ambitious in our negotiations to negotiate the best day for the british people, and that will include the maximum possible access to the european market for firms to trade with and operate within the european market. >>> from th

seema's at hq.st moves in the european markets, as investors await tomorrow's highly anticipated ecb meeting. no action is expected. mario draghi is widely expected to defend the european central bank's massive qe program. meantime, watch the currency market. the euro is falling to its lowest level against the dollar since july 25th, holding on to $1.09, a key support level. on the earnings front, a couple names in focus. dutch paints and chemical company akzo nobel beating quarterly results but falling after saying challenging conditions remain in several countries and segments. another key company to keep an eye on is reckitt benckiser after postingwarer-than-expected sales growth. and for carrefour, they beat expectations boosted by growth in latin america. that stock up 5%. now on to politics. uk prime minister theresa may continues to defend her intentions to find the most optimal deal with the eu when it comes to trade. >> and the government is very clear that the vote on the 23rd of june was

let's get to seema mody back at hq. >> sara, hello.in europe snapping a six-day winning streak. this talk of the european central bank tapering, whether true or not, has brought forth an active discussion as to whether europe's recovery can continue without this massive bond-buying program. just take a look at bond yields in europe across germany, italy and spain. you're looking at yields spiking there. and even if we look at the bond-related sectors or bondlike stocks, such as utilities, you'll see there red across the screen. we're looking at them ending lower in today's trade. deutsche bank continues to be a talk of discussion, but for the embattled lender, no news is good news, rebounding 2.8%. and with the uk pound bouncing off the three-decade lows, british prime minister theresa may sounding off today about loose monetary policy in an address to the uk conservative party. listen in. >> because while monetary policy with super low interest rates and quantitative easing provided the necessary emergency medicine after the financial

seema mody is also at hq. hey, seema. >> hey, carl. european stocks ending the day lower.t-performing sector, which i'll get to in just a second. but our report from reuters also being circulated among traders. it says that the ecb is almost certain to keep buying bonds beyond march of 2017, which is when the qe program is expected to end, but the amount of bonds purchased will depend on the incoming data from now to the december meeting. what's interesting is that over the past one week, inflation data, it shows it's actually improving. the manufacturing data we got two days ago from europe also showing signs of growth, and that's really at the core of this debate facing policymakers. if the european economic backdrop continues to improve, will that limit the number and size of bonds purchased in 2017? stocks again ending lower. and eurozone government bond yields pulling back, led by italy. a similar story in germany with the 10-year bund, which previously went below -- or i should say dipped back into negative territory earlier this week, coming back as well. some of th

. >>> let's get over to seema mody at hq. seema? >> thank you, carl.n dax touched a fresh 2016 high. the broader market has come off its lows in europe but still down 6% year to date. in terms of the winners today, miners, as copper prices rebound. we'll see an infrastructure boost in europe in the fourth quarter. china growth concerns seem to be dissipating. angloamerican up 4%. shares have been a big standout this year, up 270% this year, making it the top performing stock in britain's ftse 100 index in 2016. we're keeping an eye on the pound as the bank of england governor is currently addressing the house of lords committee and addressing the consequences of the brexit vote. banks in focus. at the heart of europe's banking index, italy controls one-third of the total nonperforming loans for the entire eurozone. italy's weakest bank not to mention the world's oldest bank. mark o'mechlt ara unveiling a restructuring plan, cutting 10% of its staff, selling off bad debt. but there are still questions as to how the bank is going to raise capital in the

seema? >> hello, tyler. i'm seema mody. here is what else is happening at this hour.ricans hitting the road, the transportation department says motorists logged 285 million miles on u.s. roads in august. that's the most ever for the month, up 3.5% from a year ago. >>> a shake-up at mcdonald's, the wall street journal reporting more senior executives are expected to leave this week. >>> and the caterpillar ceo will retire from the company next year and will be replaced with jim appleby. >> see you back here at the desk in a second. if you watched "halftime report," we hope you did, you heard some of the biggest names on wall street weighing in on the markets, and also the election. hedge fund manager david tepper saying, quote, the risk for stocks is more to the downside. he's also holding a lot of cash right now. and there are conflicting views from the fed on rates. let's chat more about the markets with adam parker, chief u.s. equity strategist with morgan stanley. scott wapner with us as well to recap a big show to start a big week. adam, is there anything you hear

joining me now to talk about this, seema meta for the los angeles times. the clinton campaign seizing on this news that coma went against the justice department. listen to what bobby mook had to say earlier this morning. take a listen. >> this is a very concerning situation. the more information that comes out, the more overblown this entire situation seems to be. that in turn has raised more questions about that director comey from his colleagues in law enforcement circles to take this extraordinary step 11 days out from the presidential election. >> i have to tell you, they're coming out aggressively on this one. what's your take? >> well, they are being very aggressive. and i think they have to be, because there is -- now there's ten days left and this leaves questions. millions of people already voted but a lot of people going to the polls as we speak, casting their ballots today, tomorrow, the next week. and so i think they really want to get all of the information out there. then they also have to walk a bit of a line. let's not forget, earlier this

hey, seema. >> european stocks mostly higher to begin the week with spain outperforming its peers as months of government impasse has now come to an end. that's lifting sentiment. economic data also helping investors today. european composite pmi coming in stronger than expected to a ten-month high of 53.7. germany's really leading the expansion with a second largest monthly increase of the year, while growth in france, interestingly enough, slowed down. sin gen that down sharply in swiss trade after the seeds company missed the deadline to submit antitrust remedies related to their deal. the concessions is a key part to approve what would be china's biggest acquisition ever. meantime, the german government has withdrawn an approval of the takeover of aix tron, the decision coming amid a backlash against chinese investments into germany. shares down about 13% on the day. also in focus, fish, the credit rating placing tobacco on a watch negative in response to the company's offer to acquire reynolds american. and lastly, keep a close eye on monte paschi on speculation the ceo will out

seema mody. >> hi, carl.s falling for a second straight day, as you point out coming back a bit at the end of trade after snapping a six-session winning streak on the economic front. factory orders in august jumping 1% from the july levels helped mostly by stronger domestic demand. also in focus is the ecb meeting minutes for september playing a very important role in squashing those rumors that the central bank is looking to taper its bond-buying program. the governing council confirming their commitment to the monthly asset purchase of 80 billion euros in light of those ecb minutes, looking at european bond yields initially spiking on chatter they were tapering their program, but as you can see, coming off those levels in today's trade. as we continue to keep an eye on deutsche bank, the ceo of ubs is calling the german lender's troubles an idiosyncratic situation. here's what he said to "squawk on the street" about the european banking sector. >> in general, it's stronger than before. i would argue the sam

thank you, seema.ll to come, disney, alphabet and sales force all walking away from the table when it comes to a deal for twitter. what's next for jack dorsey and company? we'll dig into that next. and later more of sara eisen's sitdown with david taylor, approaching his one-year anniversary that job. his take on advertising and social media when "squawk alley" returns. t? is it a caregiver determined to take care of her own? or is it a lifetime of work that blazes the path to your passions? your personal success takes a financial partner who values it as much as you do. learn more at tiaa.org sharing a ten by ten room,ng threestruggling.nding, i rent this place and then i started home sharing. my roommates help out all the time. they are glad to meet the guests and that opportunity that airbnb has given me is such a priceless gift. i was able to take three months off to take car of my family during a family tragedy. the extra income that i get from airbnb has been a huge impact in my life. >>> hello,

seema? >> hi, yeah, european stocks are racing their earlier losses. italy among the best performers, this after data showing italian industrial production rose unexpectedly in august by 1.7%. that's a boost and relief for the prime minister ahead of its critical december referendum. now when it pertains to banks, deutsche bank rising, investors shrugging off earlier disappointment that the german lender did not reach a settlement over the weekend with the doj. meanwhile, "the financial times" is reporting stress test results were boosted by a special concession from the ecb, including the proceeds from selling stake in a chinese lender, even though the deal had not been done by the end of 2015, shares higher by 3%. and if you take a look at european oil stocks, getting a lift after brent hit a new high for the year, this in light of comments from vladimir putin about russia participating in an opec production cut. you can see repsol one of the big winners up by around 3%. if we switch focus to bonds, portugal on track for their best day since june. th

kayla, back to you. >> thanks so much, seema. so long, vine.d video sharing app bought by twitter in 2012 for a reported $30 million announcing it's shutting down in the coming months. another twist in the tale of twitter. joining us now is rico executive editor kara swisher. kara, is there something twitter could have and should have done to stem the decline in usage or was this bound to happen? >> i don't know. be snapchat, i guess? something. it's another example of twitter having a product that was really early and interesting to this area of live streaming essentially. and sort of blowing the execution. they also have periscope, which is getting i think shellacked by facebook live. again, a great product, an amazing entrepreneur running it, same thing with vine. and they just didn't have what it takes to make it into a really popular product. it is snapchat? a lot of ways if you think about it or could have been. they lost all the people on it that became vine stars, moved on elsewhere to better platforms and that's what people do. again,

let's send it over to seema mody for more earnings. >> health care i.t.sing expectations. second quarter results included noncash pretax good will impairment. charge of $290 million. second quarter results impacted by a softer pricing environment in u.s. pharmaceutical business within distribution solutions coming from the press release. earnings at $2.94 adjusted below expectation. revenue at $49.96 billion. the company, the board of directors authorizing a new share for repurchase buyback. shares are on the move here after hours. they were down as much as 8%. seems to be coming off the lows right now. >> wonder if the buyback took sting out of that. >>> today marked the first day of trading for the year's biggest ipo at the new york stock exchange. zto express closed down 15%. bob pisani has more on the action. >> we were so excited. $19.50. a dollar above the range. everyone said this is going to be great and then opens at 18.40 and closes at $16.57 at the lows of the day. everybody was staring at it. number one, this is a very tricky ipo to price. glo

welcome, seema. great to have you with us. yesterday we lost around about a quarter to a third of 1% but we are off the lows today. today we're expected to open higher. 46 points for the dow. five for the s&p and 19 for the nasdaq. so about a third of 1% higher expected to open. big story this morning or big move sterling dropping to the weakest level against the dollar since june of 1985. plunge in the currency after uk prime minister theresa may said she would trigger the start of a brexit by the end of march. we're down three quarters of 1%. we moved around a bit. some construction data brought a bit of reprieve. no real news developments on the brexit front today overnight compared to the weekend but i think we're testing new levels. since brexit we found a range of 129 to 134. now people are trying to work out where the new range will be. >> the brexit now seems more real after those comments from the prime minister, theresa may. as you said we've seen the move in the pound, depreciation currency. ftse 100 back above 7,00

the question being, you know, would it better benefit donald trump if people would seema lane ya trumpt to know her? would it help paint a better picture by getting to know the spouse? >> not necessarily. i think we need to be careful making melania trump into this figure because it would remind people, also, she's significantly younger than him. she is the supermodel billionaire wife, third wife. we can go back to donald trump's infidelities and the fact of how he got to his third marriage, what he did to the first wife and how ugly that was. she's a less sympathetic figure for the average woman in this country. that's probably consideration, a focus group that she didn't resinate as much with women the way more traditional first ladies have. the other thing about this, you know, this pivoting back to bill clinton's infidelity and donald trump -- >> it wasn't infidelity, it was abuse. there's a difference. >> it's more than words. it's more than locker room talk. i wrote about this on cnn.com today. for women and republicans to continue to dismiss the allegations, the patterns, everyt

i'm wilfred frost alongside seema mody sitting in for sara today. great to have you with us.t's throwback thursday. throwing it back with some classics like the who on right now. you didn't know who this was. >> i didn't. now i know, i was reminded. this is not really our generation. >> no, but it's british rock but i know a bit about it. let's look at markets this morning. good gains yesterday, about a half percent or 0.6% of gains. the banks were the best performer for the second day in a row. goldman sachs topping the list up 2.5%. we are now lower. the dow lower by 5 points. the s&p 500 by two. the nasdaq by two points. we have been hovering around that flat level over the last hour. markets expected to open pretty much flat. let's look at european trade. we had a good run this week. both because of reprieve earlier in the week around deutsche bank and a soft euro in the middle part of the week. we are softer today. pretty much flat yesterday. softer today. the dax down. the ftse 100 on a tear this week. exporters doing well there. seeing some profit taking today. asian t

winds, you would think that national security would likely be prioritized in the coming years. >> seemau. >>> coming up, one analyst says this company could be the next big takeover target. the company and what the ceo of that company has to say about it coming up. i'm only in my 60's. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, it could save you in out-of-pocket medical costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and virtually no referrals needed

used to be 82, now 72. >> seema, thank you. let's bring in art cashin.king at the s&p 500, we're at 2127, 2128 and you say a close below 2130 could be critical. >> jeff gund lack said he was looking for a negative signal that would be two closes of the s&p below 2130. we already had one several days ago. and when this news broke and people started repricing the election risk, we dipped all the way down to 2119. they're trying to come back here. but critical if they close below 2130 and secondly if we get another wave of selling, look for the area around 2114, which is a low we reached about two weeks ago. >> fairly tranquil session until 1:00 when the news broke. i'm wondering, you know, what is the color on the floor in terms of the volume and why we're seeing this increase in volatility. is it simply a low volume friday and so we're seeing the moves magnified a little bit. we're pretty much back to the pre-clinton e-mail investigation levels now. >> the markets are relatively thin for a friday. and they were just kind of cruising along, even the market

i'm seema mody., all 11 of them are trading lower with health care being the worst performing sector. names dragging down the sector include endo, mallincrod, mylan and perrigo, mylan under pressure again as the federal government says drugmaker overcharged the medicaid program by millions of dollars over five years for its epipen. health care is currently the only negative sector for the year down about 0.5%. now back to sarah eisen at the imf meeting in washington. sarah. >>> seema, thank you very much. i'm joined by a special guest here at the imf world bank meetings in washington. sergio ermotti is switzerland. he is the ceo of ubs. good to see you. >> thank you. >> at a time when we are all wondering about the health right now of the european banking sector. what are you telling people? >> well, look, the european banking sector is quite sound. we made huge progress in the last seven, eight years in addressing, you know, not only the capital position of banks but also developing of better busine

. >>> to seema mody for a market flash. >> let's look at shares of canadian online gambling company amaya received strong interest from strategic players and private equity firms, some of the bidders acording to the report, william hill, a british bookmaker and a sporting bet company. looking at shares up about 3% off its highs. it was up about 8% on this report. >> seema, thank you very much. >>> if you had to choose one investment right now, american stocks, or emerging markets, what should and what would it be? may not be as clear cut as you think. our traders weigh in next. send in bids for my broken down busted up rv. all bids will be looked at. they may want the latest products and services, but they demand the best shopping experiences. they're your customers. and by blending physical with digital, cognizant is helping 8 of the 10 largest u.s. retailers meet their demands with more responsive retail models... ones that transcend channels and locations, anticipate expectations... creating new ways to engage at every imaginable touch-point. it's a new day in retail, and together, we'

seema is back at post nine. >> that's right. european stocks eniding on a higher note.eek, european financials underperforming the european benchmark as investors keep a close eye on the health of deutsche bank. you can see the banks also underperforming the s&p 500 as well. however, one stand-out sector for europe are the miners, which continue to move on chinese data. yesterday lower on export data, today the micners are higher on inflation prices, headed higher for the first time in almost five years. it goes to show how reliant miners are on supply and demand from china. higher by 2%. good news for the auto industry. european car sales hit a new record high for september, passenger car registrations up 7.2% from a year ago. italy up more than 17%. spain posting a 14% gain, followed by germany and the uk. as far as sales goes, fiat chrysler and renault among the best performers. bmw and daimler leading the pack for germany. volkswagen, sales there rose 5.2% last month, retaining its position as europe's biggest car maker. m&a news, reuters is reporting that syngenta

. >> thank you, seema. >> content war showing no signs of cooling down.ia bornsten is in new york. >> i'm joined now by michael burns, vice chair of lionsgate. far better than expected results for netflix. does their success come at the expense of a company you just acquired, starz? >> someone asked me are they a friend, enemy or frenemy? what they really are is a customer. we're finishing up season one pickup, "dear white people," we've had great success with them over the years with shows like "orange is the new black." i've heard over and over again, are all these carriers ultimately going to want to own all their shows and i will tell you that when we have a show that a bunch of buyers want, we typically get a deal very similar to what we're looking for. >> netflix said last night very specifically they want to move away from licensing shows and producing the shows themselves so they can own it. you can sell "orange is the new black." they don't want you to be able to do that. won't that move to producing their own content be a negative for lionsgate?

. >> thank you very much, seema mody. >>> next, we'll hear from microsoft ceo satya nadella. >>> plusg stocks this year, there could be more pain ahead. we'll explain why. you're watching "fast money" on cnbc, first in business worldwi worldwide. rldwide. if you're going to make a statement... make sure it's an intelligent one.e. ♪ the highly advanced audi a4, with available virtual cockpit. >>> welcome back to "fast money," i'm josh lipton. microsoft's stock surging in the afterhours. ceo satya nadella taking a victory lap on a conference call, pointing out the success that his company is having in the cloud. take a listen to what he's telling financial analysts. >> customers continue to choose the microsoft cloud to help transform their businesses and organizations. our commercial cloud annualized revenue run right now exceeds $13 billion. we remain on track to achieve our goal of $20 billion in fiscal year '18. once enterprise customers choose one of our cloud services, they continue to adopt more services. >> it's not just the growth and momentum in the cloud business. it's also t

." >> seema mody as the final european close of the week. >> the focus is the historic drop in the uksome are calling a flash crash. traders blaming computers for the pound's move below 120, which set off another wave of selling this morning, stabilizing around 124, still a 30-year low. the impact of a weaker pound evident in the uk stock indices from the ftse 100, which houses exporter, moving higher, benefiting from weaker currency. the 250, domestically focused names, is underperforming the ftse 100. and strength in the energy sector. shell and bp higher by 8% for week as oil prices recover on hopes of that opec production cut. if you thought the brexit drama was over, think again. a member of britain's ukip party got into an altercation with a colleague in the european parliament three months after that historic referendum vote, emotions still running high. >> that was something. see ma, thank you. >>> we are also watching hurricane matthew as it continues to pound florida tracking north where it is expected to trigger heavy rainfall and massive flooding in georgia. our own scott

i'm seema mody.y higher today, but health care and energy stocks are underperforming. shares of zimmer biomed are weighing the most on the health care sector, stock down about 13%, on pace for worst day since october 2007. the medical device maker cut its sales guidance for the year after we third quarter results. other laggards include edwards life sciences, perrigo, abbvie. health care still this year's worst performing sector down about 6%. earnings a factor but politics have weighed on investor sentiment. sara. >> seema, thank you. on that note with health care, the other major market you have to be watching here ahead of the election is the currency market. we have not seen moves across assets like what we have seen with the mexican peso as far as tracking the polls and the momentum on the scale. the dollar is weaker means the peso is getting a bit of relief after a mere 1% move lower on friday after it was revealed that the fbi had sent a letter to congress reopening the investigation into hill

i'm seema mody.sterday's losses when it posted its worst day in three weeks on disappointing earnings. it's currently underperforming all s&p 500 sectors, down about 2% on the day. simon property group is one of the names weighing on the sector. it is the biggest retail reits which raised profit outlook on higher occupancy rates. other laggards include cbre group, digital realty and extra space all down between 4% to 5%. the sector just turning negative year-to-date, carl, down more than 1%. david, back to you. >> all right, thank you very much, seema. well, our all-america economic survey is out. steve liesman joins us with clinton versus trump on the issue of the economy. take it away, steve. >> david, thanks very much. 804 americans polled across the country, all demographics, all income groups, all races, it's all america. let's show you the overall results before we delve into the economy. 17% undecided, that's down eight from our june poll. 37 for trump, 46 for clinton. clinton has nearly doubl

times" seema meta tweeted, press at trump evening rally getting escorted to motorcade under watch ofs in riot gear per pool. this is getting increasingly scary. yahoo! news's holly bailey tweeted, as trump attacks press today, there is notably more security around media assembled here. well, "the washington post" jose del rio tweeted, the vitriol towards the media here is as bad as i've ever seen it. boos and cursing and middle fingers as soon as traveling press walked in. and one television reporter made an unfortunate discovery at the event. this is cnn's jim acosta. >> reporter: one donald trump supporter left this sign on a press table in the press pen. it shows a swastika and the word "media." it is shaping up to just be a race to the bottom in the final weeks of this campaign, wolf. and it is, at times, just getting downright scary. >> downright scary. let's bring in the "hardball" roundtable. john stanton is washington bureau chief for buzzfeed, and franchesca chambers with the "daily mail" and michael steele is a republican strategist. i want to go to you, john. are you afrai

seema, thank you. >>> we're keeping watch on the breaking news out of the southern california. a tour bus crashed into a big rig leaving 13 people dead, 31 injured. this happened near palm springs, right along interstate 10 westbound towards los angeles. we will keep you posted on latest all day here. we will have more in a moment. cool. and with a capful of downy infusions with touch activated freshness, you've got a few more tricks up your cozy sleeve. because with every touch, tug, or tender hug you release a bounty of beautiful botanical fragrance. now, our knitted friend, you'll always smell as good as you look. because clothes deserve more. for over 100 years like kraft has,natural cheese you learn a lot about what people want. honey, do we have like a super creamy cheese with taco spice already in it? oh, thanks. bon appe-cheese! okay... ...one of many pieces in my i havlife.hma... so when my asthma symptoms kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma

. >>> let's get to seema mody. >> melissa, brazil, that's what's in focus. central bank cutting its benchmark lending rate by 25 basis points to 14%. this is its first rate cut in four years, in an effort to kickstart growth. remember, brazil is dealing with its worst recession in 25 years. in terms of stocks on the move, we take a look at the ewz, the brazilian etf, lower by around 1% after hours. still up about 80% year-to-date. and even the brazilian bovepsa, up about 50%, as more investors bet on president item rah's reforms. >> so the central bank cutting rates in brazil definitely some of the highest in the world, that's attractive and i think you have a case where she said she's dollar terms. the currency, the brl still cheap. i think you stay in this trade. >> starbucks making a big bet on china. the could have knee giant naming a new ceo there, will have 5,000 stores in the country by 2021. take a listen to what ceo howard schultz had to say moments ago on "closing bell." >> starbucks and myself remain very bullish on the chinese economy and specifi

thank you, seema. >> 17 minutes left if you're keeping score. before the closing bell of the dow, up 60 points. >> she'll name names in just a moment. >>> we'll look at the future of the media industry where more than ever conflict is king with discovery ceo david zaslav. stay tuned. you both have a perfect driving record. until one of you clips a food truck. then your rates go through the roof. perfect. ♪ for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claims centers are available to assist you twenty-four seven. call for a free quote today. liberty stands with you™. liberty mutual insurance. the conference call. the ultimate arena for business. hour after hour of diving deep, touching base, and putting ducks in rows. the only problem with conference calls: eventually they have to end. unless you have the comcast business voiceedge mobile app. it lets you switch seamlessly from your desk phone to your mobile with no interruptions. i've never felt so ali

seema mody has more for us. >> netflix being the driving force contributing about eight points to the nasdaq 100 gains. the headline numbers were positive. subscriber growth here in the u.s. and internationally came in ahead of consensus. speaking to analysts netflix's programming pivot seems to be a key part of the earnings story. the stocks participating in the nasdaq rally. semi conducters outperforming posting best day this month ahead of earnings due after the bell the stock is higher today and also up by 9% year to date. another sector feeling the nasdaq is bio tech which has been under immense pressure because of political rhetoric around drug pricing. despite hillary clinton leading in the polls we are looking at shares of bio tech higher across the board. adam parker is advising clients to buy bio tech reasoning is valueuation looks compelling. he mentioned m&a being a big part of the bio tech story going forward. >>> going back to netflix the company announced content spending will rise to $6 billion next year which is a billion dollar increase. >> for more on the move and w

. >> seema, thanks. of the bunch, what sticks out?onsgate, newmont, basically, you know, very depressed earnings. coming off of a base. and then the hyper guys like flicks and salesforce where it's about if this model works, it scales well in the future and not really about what they have already done. >> by the way, shares of l brands falling right now. the apparel retailer saying that third quarter earnings will be at the low end of its previous range. the retailer now sees it's overall comp. sales up 1% with victoria secret comps falling 2%. that stock suddenly down 5% here. >> yeah. and bath and body works actually had a higher comp. which made it look less bad. they have an investor day tomorrow, and seems they were getting this out ahead of that. specialty retail, a few doing okay, a lot seeing traffic trouble. >> the earnings heat up. valiant weighing in on the criminal probe involving its former ceo. late-breaking news that sent shares lower. meg tirrell has details. >> under pressure toward the end of the trading day on this

back to seema for mother market earnings flash. >> hey, kelly, a strong quarter for the semi conductorny, reporting earnings and revenue that topped street expectations. earnings of 16 cents adjusted. that's 3 cents higher than wall street anticipated, due in part to growth in its licensing program, plus a strong support in its security business within the mobile payments segment. as i just looked at the results here. it also, in addition to earnings, announced it's signing a license agreement with xilinx, an ability to collaborate. shares up more than 4% here. in extended trade. >> thank you. that's kind of the other piece of all of the stuff we're talking about, these payments. visa trading lower after reporting its earnings earlier this hour. the conference call starts in a minute or so. what are you looking for? >> obviously, if they have any color, as they often do about spending trends. new ceo going in, and any hints about what that could mean strategically. >> also still integrating the european acquisition. there is a lot of distract them at a moment when you have so much disr

. >> seema, thank you. >> thanks. >>> how should you position your portfolios as we head into q4.ring in two speakers. mark, i'm going to start with you. i'm going to start with a question pertaining to today's market action. the steep decline that we're seeing in utilities, down by more than 1%. this is a continuation of the performance we've seen over the past two months. seems to be a rotation out. is that the right thing to do going into the fourth quarter? >> you know, when i think about where we're positioning and what we're looking for, i would say the market's really been driven by and will continue to be driven by the focus on secure return. so i actually think it's simplistic to think about dividend yield. i think the stocks working, look at facebook. it entered the year an expensive stock. it's had a nice performance. it has room to run because investors have confidence in the ability to continue to grow and generate cash flows. t.i. is not a great dividend yield. the growth is mediocre at best. i think we had a high degree of confidence in their ability to continue to

. >> seema mody, thank you. time for street talk. we kick it off with maxim integrated.mond james, higher, 43 from 40. there were concerns about the quarter because of the recall of the galaxy note 7. and there was a setback in design wing for its power management system. but the analyst says maxim has a capable product set seeing penetrations into new customers. >> not a whole lot of companies in the semiconductor space of the size that are independent. other than that, they're kind of all coming together. all right, stock number two, ariad pharma. sun trust out with a big bullish call on this beat. sun trust starting coverage of a buy and $22 target. the 1073 stock, this is really a double. now, be careful, it was slammed because of a congressional interest in price hikes surrounding the drug. but sun trust says the company is a highly innovative pipeline, calls it a premiere oncology company, viewing the weakness as a buy. those calls where you can't say enough about the risk, because we don't know that congress is going to do. >> specifically a target of a bernie san