i'm becky quick along with joe kernen and andrew ross sorkin. let's check out the markets this morning following the big friday rally. you can see this morning a very slight amount of give back with the dow futures down 39 points. s&p futures 5.5 and nasdaq down 11.5. the early trading in europe you'll see at this point it looks like the dax is higher. up by .3 of a percent. the other major indices are lower with the cac down to close to half a percent at this point. a big week for the markets and in politics. first, the earnings calendar. dozens more companies that are reporting this week including apple which will be released after the bell tomorrow. twitter, pfizer, murk, exxon mobil as well. we'll check the earnings scorecard later this hour to see where things stand after a busy week this week. while that's happening we're counting down to the fed's next decision. the central bank's two-day meeting kicking off tomorrow with the policy meeting wednesday at 2:00 p.m. eastern time. the economists not expecting a rate hike. no news conference a

i'm becky quick along with joe kernen and andrew ross sorkin.you're just waking up, we want to get you up to speed. the u.s. equities. dow futures indicated down by 27 points. s&p futures down by 2.5. the nasdaq looks like it is slightly higher up by 3 points. >>> corporate earnings are likely to dominate the trading week ahead. on the calendar, morgan stanley, halliburton. and this afternoon we'll be hearing from ibm among others. one economic report the october national association of home builders survey this will give us a snapshot of construction heading into the winter after a strong summer for the industry. >> all the big stories we're watching. a top u.s. security firm reporting that china actually tried to hack at least seven american companies in the three weeks since that key meeting you'll remember between washington and beijing leaders from the two countries which it agreed not to spy on each other for commercial reasons. security firm crowd strike said its software detected and rebuffed these attacks. also, high profile of bribery

i'm becky quick along with joe kernen and andrew ross sorkin. it is october and that means major league playoffs. game three is tonight. looks like dodgers second baseman chase utley will not be playing. this is the play. yeah. he's suspended for two games as a result of an illegal slide on saturday night. he broke reuben tejada's leg. utley has appealed the suspension. they will hear before tonight's scheduled first hit. check it out, it's the front page of the new york post. you can see about how high. here he is. the whole thing. >> i saw it live. watched all the playoff games. it's a tough slide. he wasn't going for the bag. he didn't get the bag, he didn't touch the bag, neither did tejada. the damage is done. they let him stay at second and then the rest is history. the mets lost that game after all was said and done. i think they suspended him initially. >> broken leg. >> i was saying get up. get up. it looked like a hard hit. i didn't know he had a broken fibula, which he did. >> ah. >> you know, utley's done it before. in fact, you can

i'm becky quick along with joe kernen and andrew ross sorkin. guest is mike santoli. good morning, mike. >> good morning. >> before we get to the business news this morning check out the pictures from south carolina. torrential rainfall causing dangerous flooding in major cities prompting hundreds of rescues. officials warning residents to stay inside their houses, stay off the roads. a lot of those roads turned to rivers. the ghofr, nikki haley, saying the state hasn't seen this level of rain in 1,000 years. we'll have more on this in an hour. in the meantime, let's get to the markets. a lot of action on friday. first of all, disappointment with the horrific jobs report that not only was below expectations but we saw lower revisions to the two prior months. initially they were up on that but at the end of the day gt market closed higher. the dow indicated 86 points, s&p 500 up by 10 and nasdaq 31. >>> couple of big stories this morning we're watching. world bank cutting the forecast. the main reasons risk of a sharp slowdown in china and possib

i'm becky quick with joe kernen and andrew ross sorkin.mand for oil will slow next year down from 2015. but here's the catch, opec is still pumping more than a drop in production. yesterday you saw a big drop in oil prices. down about 5%. this was a pull back. this morning it's down another 20 cents to

i'm becky quick with joe kernen and andrew ross sorkin. let's look at the u.s. equity futures.you have been watching the last three weeks dow is up by 6%. if you take a look at what is happening though there's green arrows again with the dow futures up. s&p futures up by 5.5. it's was a hair raising session in asia overnight. chinese

i'm becky quick with joe kernen and andrew ross sorkin.ng data, bank repo sessions soaring 66% year over year in the third quarter. that's according to research firm realty track. a bank's move to take back the house is the final stage of a foreclosure process. these numbers suggest that the backlog from the financial crisis could be clearing up. new foreclosures are back to normal. new jersey has the country's top foreclosure rate with activity more than twice the national average. let's get to stocks and take a look at the futures. yesterday you saw the market was down by almost 200 points yesterday. ended

i'm becky quick with joe kernen and andrew ross sorkin.t looks like the futures are indicated higher. dow futures up by 22 points. s&p futures up by 3.5. the nasdaq up by 13. markets were down yesterday. check out oil

i'm becky quick with joe kernen and andrew ross sorkin. we have been watching the u. s.quity futures. yesterday you saw that the markets ended slightly higher. but this morning you're going to come into red arrows once again. the dow futures indicated by down 78 points. s&p futures off by 5.5 and the nasdaq off by close to 10. a lot could change before the opening bell rings. take a look at the major earnings and economic reports over the next couple of ho

i'm becky quick along with joe kernen and andrew ross sorkin.nd that means major league playoffs. game three is tonight. looks like dodgers second baseman chase utley will not be playing. this is the play. yeah. he's suspended for two games as a result of an illegal slide on saturday night. he broke reuben tejada's leg. utley has appealed the suspension. they will hear before tonight's scheduled first hit. check it out, it's the front page of the new york post. you can see about how

it's biggest shareholder just spoke with our andrew ross sorkin in san francisco and we're in luck becausew joins us live. andrew? >> hey there. we did speak with ev williams. specifically asked him about jack dorsey and his appointment to run the company, but specifically we said to him, what was it about jack that put it over the top and the idea that he was going to run two different companies at the same time? listen to this. >> that was definitely, you know, something we took really seriously, and we did make that announcement that we were only considering full time people and we changed that decision later, and the reason we said it up front was we really felt it was important. we also didn't want people to think that it wasn't a real search. it was very much a real search, but ultimately we had to weigh many, many factors, and we wish jack could free up from square but i certainly understand why he couldn't at this time. >> how much of it was him campaigning for the job and how much of it was you trying to get him to take the job? >> jack did not campaign for the job at all. not one

i'm becky quick with joe concerner and andrew ross sorkin and earnings season is in swing. number of stocks on the move including jp morgan and intel. we'll break down the numbers in a minute and then among the companies set to have quarterly results today. bank of america, black rock, wells fargo and delta before the open and then the big momentum stocks reporting as well including netflix. it's not just about the corporate profits. at 8:30 eastern time we have retail sales and the producer price index. later it's august business inventories and the beige book. >> a couple of stories this morning, chinese inflation easing more than

i'm becky quick along with joe kernen and andrew ross sorkin. our guest is mike santoli. mike. >> good morning. >> before we get to the business news this morning check out the pictures from south carolina. torrential rainfall causing dangerous flooding in major cities prompting hundreds of rescues. officials warning residents to stay inside their houses, stay off the roads. a lot of those roads turned to rivers. the ghofr, nikki haley, sayg

i'm becky quick with andrew ross sorkin and brian sullivan. joe is off today. paul ryan running for house speaker. announcing his bid in a letter saying he is ready and eager to be speaker. we'll talk more about this with john harwood coming up later in the hour. right now though a check of the markets. after yesterday's 320 point jump in the dow mario draghi lighting the fuse with his dovish comments about extending europe's quantitative easing program. that's what kicked things off. the idea that the central banks are here and here to stay for quite awhile. you saw the euro under quite a bit of pressure. this morning you can see green arrows for the equity futures. the s&p futures are up by 15 and sd

i'm andrew ross sorkin with joe kernen. becky is getting ready for tomorrow night's debate. we'll check out the venue during the next hour of squawk box. a lot of things to talk about this morning. alibaba, ford, cnbc parent comcast, we have pfizer, twitter and many more reporting today but the big focus of course will be on apple which reports after today's closing bell. investors want to know how many iphones the company sold last quarter. some analysts expecting them to come in between 40 and 49 million units up from 39 million units a year ago. the stock falling yesterday. the market cap is just under

i'm becky quick along with joe kernen and andrew ross sorkin.heck out the markets this morning following the big friday rally. you can see this morning a very slight amount of give back with the dow futures down 39 points. s&p futures 5.5 and nasdaq down 11.5. the early trading in europe you'll see at this point it looks like the dax is higher. up by .3 of a percent. the other major indices are lower with the cac down to close to half a percent at this point. a big week for the markets and in politics. first, the earnings calendar. dozens more companies that are reporting this week including apple which will be released after the bell tomorrow. twitter, pfizer, murk, exxon mobil as well.

thanks andrew ross sorkin. >>> all right. a lot of fascinating stuff in the interview. but a couple of tradeable aspects would be the tact about artificial intelligence and as well as drones. so where do you want to go grass? >> the name i spoke about arrow environment is a drone play but can't make a play. it lost 23% of the value last time it reported. bounced about 12% and has more room to the upside. but facebook that is the way you play vr oculus. i think they have a huge future in front of them. >> and what do you think we're going to see drones everywhere. >> my first thought is ups and fedex. does that supplant them or do they become a drone fleet where they supply the drones. i don't know. but that is meaningful change if that is the way things were delivered. >> less labor costs for sure. >> fewer people around. >> like you. >> which is terrible for me. my tenure at ups was fantastic. >> an hour? >> and we have stock footage back at e.c. amber ella. it sold out like it has it. has been cut in half over the last year from 120 down to 60. but it is not crazy exp

i'm becky quick along with joe kernen and andrew ross sorkin.re just waking up, we want to get you up to speed. the u.s. equities. dow futures indicated down by 27 points. s&p futures down by 2.5. the nasdaq looks like it is slightly higher up by 3 points. >>> corporate earnings are likely to dominate the trading week ahead. on the calendar, morgan stanley, halliburton. and this afternoon we'll be

cnbc's andrew ross sorkin is at the "vanity fair" summit talking to some of the biggest names in media business. right now he is sitting down with academy award winning producer brian grazer for a first on cnbc interview. hey, an true. >> hey, carl. thanks for tossing it over here. it's great to see you. brian grazer is here. talk about big names, by the way. you're going to be spending time on stage doing what i do, but you're going to be moderating. >> exactly. >> where he. >> and with johnny of apple. >> they're the two biggest people, i think. super excited. >> i want to get to what you want to talk with. in the media landscape, we're here with all sort of big wigs, and everybody is trying to figure out the winners and loseers and all these different platforms and film companies, and i just wonder as a producer, as a creator whether it matters anymore, whether you still look at one or the other as bigger and better. >> i don't look at one or the other as bigger and better, but there are certain platforms that are much -- the show or movie that you are trying to make. compatibility

andrew ross sorkin. >>> next up alibaba seeking to reassure investors after the slowdown in china coupledh, of course, what has been a struggling stock price for alibaba. he writes in a letter recently signals china's economic slowdown have industryingered widespread concern, and i believe overreaction around the world. i believe that for the future the advantages in the slowdown of the economic prospects far wrout weigh the disadvantages. china's economic twomt is no longer in need of increasing its numbers, but of increasing its quality. speaking of quality, this letter is a reversal from last quarter. last quarter he said because so many are disposable skuktive guys alibab ais insulated. he says they're not. they're more closely tried to the economy. western economies are good at spending the money. they believe they will earn in the future. he is saying the chinese save too much money. he wants them all to get credit cards, eeg. >> i assume you read the entire letter. >> yes. >> of course, we can all try and figure out why now. >> yes. radio why he decided to write this. what is your

you look at andrew ross sorkin, who has his tv show on showtime that is coming out soon.e has written books and developed our whole conference series. the times has allowed reporters to be creative and do their own thing, which is a great blessing. brian: alexander pelosi, the daughter of nancy pelosi, has done documentaries. she talked about what it was like to be on the campaign trail in 2005. let's watch. >> as a journalist on the campaign trail, i felt that the relationship between the press and the candidate was very complicated and something that you never get to hear about when you are watching c-span. traveling with a presidential candidate is -- it is a very elite fraternity. a select few get this kind of access. it is a very expensive venture. hbo had to pay around $10,000 a week to keep me on the road. you understand it is a very close-knit community of working journalists. like any other complicated way,stem, it -- along the the rules of engagement, there are all sorts of -- just like a fraternity, there are hazing rituals and all sorts of experiences that you

. >>> welcome back to "squawk box" here on cnbc, i'm andrew ross sorkin.ase in first time filings at 273,000, and wall street is awaiting clarity on the central bank's september decision to hold rates steady. we'll get the minutes from the feds' latest meeting today at 2:00 p.m. eastern time. in the meantime, u.s. equity futures at this hour are in the red, looking like the dow opens down at 71 points, and we have the news crossing the bank of england leaving rates unchanged, not that much news. >> i feel like we say that every time, right? >> yeah, pretty much. >>> top stories at this hour, dell is reportedly in talks to buy data storage company, emc. emc's been under pressure from activist investor and shareholder elliot management. dell is said to work to secure financing for an all-cash offer, but that's a doozy of a deal because the market cash for emc is $50 billion. a lot of talk of what's happening here, but, obviously, the pressure from elliot managements is driving things. earnings coming up on october 21st, and they want a decision before then,

andrew ross sorkin is there moderating throughout. he joins us now, hi there. >> hey, we are here in san francisco at the vanity fair conference. i am here with the commentator, we will be hanging out with elon musk, talking about all theengs entrepreneurship and what's going on, of course the big question on the east coast, but i think everywhere are we living in the proverbial bubble right now? >> you know, maybe. there are a lot of people who sort of try to speculate where in the cycle we are, what will happen next month, next year. we at y commenter try to think of next year, if you think where the world will be in 20 years, everything here looks like noise. >> do you do anything differently today than you did say three years ago? >> no, we try to get every single investment right. we don't try to get the macro trends right. is this company have the potential to be huge? we invest early, up or down cycles, we have the same terms all the way through. >> what does that 19? the reason i ask, we have valuations in the public market co

. >>> welcome to the "closing bell," i'm kelly evans at the new york stock exchange and i'm andrew ross sorkin falling after the sec reveals they are looking at how they account for transactions. >> walgreens is on the verge of buying the vie val drugstore chain, right aid shares up 42 1% but can it get past regulators. >> and investors are gearing up for another earnings barrage after the bell,

. >>> welcome to the "closing bell," i'm kelly evans at the new york stock exchange and i'm andrew ross sorkin sitting in for bill griffeth. ibm shares falling after the sec reveals they are looking at how they account for transactions. >> walgreens is on the verge of buying the vie val drugstore chain, right aid shares up 42 1% but can it get past regulators. >> and investors are gearing up for another earnings barrage after the bell, apple, twitter, gilead. we will have the instant analysis. >> we are 26 hours away from the start of the cnbc's coverage of the gop presidential debate. steve forbes and todd butch holds are here to tell what you say they want to hear from the candidates and predict who they think will come out on stop. >>> we begin with ibm under investigation by the sec they have dis pleased. bob pisani has the latest as the shares are falling. >> well, obviously investors are taking this a little ease seriously. ibm down 3.6%. it dropped 2% on this news and their investigation on revenue recognition issues at the sec, ibm says they are cooperating with them. they are investig

i'm becky quick with joe kernen and andrew ross sorkin. let's look at the u.s. equity futures.you have been watching the last three weeks dow is up by 6%. if you take a look at what is happening though there's green arrows again with the dow futures up. s&p futures up by 5.5. it's was a hair raising session in asia overnight. chinese stocks posted the worst performance in five weeks. shanghai composite was down. it was driven by an afternoon sell off in small caps. weaker than expected trade data added to speculation about more boj stimulus so it's not just here where they're addicted to what the central banks were doing. you can see it taking place. earnings are the name of the game. we'll be hearing from boeing, coca-cola, kimberly-clark and many others. stay tuned, buckle your seat belts. here we go guys. >> lam research buying kla-tencor for $67.02 in stock. that deal valued at $10.6 billion. lam ceo will be joining us tomorrow right here on squawk box. ferrari set to begin trading today. $52 a share. that's at the top of the expected range. fiat chrysler sold about 10% of

andrew ross sorkin will be an honoree at the council of economic educations -- >> and you will be the host. >> i will present andrew an award on his efforts on behalf of financial literacy. >> there are some other nominees. bob schiller. >> it is about teaching teachers how to teach economic and finance to kids. it is al going rhythmic alley. >> i get to see you in the morning. >> hopefully not too late. >> some say there's too much steam. >> never enough steam. >> where is this? >> it's at the hotel. >> you're invited, joe. i'm giving you tickets to tonight. >> let me check my schedule. i mean, i would really like to be there. >> you know what, joe, don't bother coming. just send a check. >> there you go. >> just send a chuck, and you will be fine. >> it will be in the mail. >> thank you, steve. a check of the markets this morning. as we mentioned, the futures this morning are a little bit weaker after big gains of yesterday. take a look. the futures are down. they are off worst levels of the morning. 50 points off the dow. s&p futures a 5.5 below fair value. nasdaq down 14. in early

i'm becky quick with joe kernen and andrew ross sorkin.t looks like the futures are indicated higher. dow futures up by 22 points. s&p futures up by 3.5. the nasdaq up by 13. markets were down yesterday. check out oil prices. they are hovering near a three week low at this point. up by about 1%. it looked like they were headed back to 50 and that's been given up over the last couple of weeks. we do have a special line-up of guests ready to tackle all things energy. hess ceo john hess and christopher crane. plus the president and chief operator officer of royal caribbean cruises. and then later, southwest airlines chairman and ceo gary kelly. they're set to post quarterly results later this hour. we'll talk to him about the results and what he sees ahead with the energy picture as well. >> let's tell you about what's going on today. a couple of stories we're watching this morning. ecb meeting right now. policy decision due around 7:45 eastern time. that will be followed up by a news conference by president mario tr mario draghi. economists

i'm becky quick with joe concerner and andrew ross sorkin and earnings season is in swing. a number of stocks on the move including jp morgan and intel. we'll break down the numbers in a minute and then among the companies set to have quarterly results today. bank of america, black rock, wells fargo and delta before the open and then the big momentum stocks reporting as well including netflix. it's not just about the corporate profits. at 8:30 eastern time we have retail sales and the producer price index. later it's august business inventories and the beige book. >> a couple of stories this morning, chinese inflation easing more than expected with consumer prices rising 1.6% over a year earlier. china's producer price index dropped more than 6%. 43rd straight month of declines. delaying it's plan amid market volatility and four of the five companies that have gone public priced offerings below their expected range. two ipos to watch today. first data and super market chain are both scheduled to price this afternoon but of course already starting to see cracks in the ipo ma

i'm becky quick with joe kernen and andrew ross sorkin. troubling data, bank repo sessions soaring 66% year over year in the third quarter. that's according to research firm realty track. a bank's move to take back the house is the final stage of a foreclosure process. these numbers suggest that the backlog from the financial crisis could be clearing up. new foreclosures are back to normal. new jersey has the country's top foreclosure rate with activity more than twice the national average. let's get to stocks and take a look at the futures. yesterday you saw the market was down by almost 200 points yesterday. ended down by 157 points. you can see there is a bounce back. a lot of that coming from walmart. 44 points from walmart's deline alone. you can see this morning there's a bit of a bounce back. dow futures are up by 107 points, s&p futures up by 12 and the nasdaq up by 28. >> a couple of big stories we're watching. first data priegs it's ipo at $16 a share last night. here's the bad news, that's below the 18 to $20 expected range. sel

i'm becky quick with joe kernen and andrew ross sorkin. we have been watching the u. s.quity futures. yesterday you saw that the markets ended slightly higher. but this morning you're going to come into red arrows once again. the dow futures indicated by down 78 points. s&p futures off by 5.5 and the nasdaq off by close to 10. a lot could change before the opening bell rings. take a look at the major earnings and economic reports over the next couple of hours. we'll be hearing from travellers, withdrew nighted technologies and verizon among many other major companies. as for the economy, one important report of note. september housing starts and building permits out at 8:30 eastern time. >> okay. we have a couple of stories we're watching this morning. apple ceo tim cook making a couple of headlines at a big technology conference in california. the tech giant's new music streaming service has reached more than 6.5 million paid users. another 8.5 million are participating on the free trial. >> are you still free trial. >> i don't know. >> i don't know if it's been three m

i'm becky quick with andrew ross sorkin and brian sullivan. joe is off today. paul ryan running for house speaker. announcing his bid in a letter saying he is ready and eager to be speaker. we'll talk more about this with john harwood coming up later in the hour. right now though a check of the markets. after yesterday's 320 point jump in the dow mario draghi lighting the fuse with his dovish comments about extending europe's quantitative easing program. that's what kicked things off. the idea that the central banks are here and here to stay for quite awhile. you saw the euro under quite a bit of pressure. this morning you can see green arrows for the equity futures. the s&p futures are up by 15 and nasdaq up by 91. check out europe in the early trade. at this hour similar gains once again there. in fact the dax in germany is up by almost 2%. the cac in france up by about 1.9%. the ftse up by 1% and in italy those stocks higher as well. as we mentioned at the top of the show it was the tech trio giving markets a boost this morning. let's start off with microsof

i'm becky quick with joe kernen and andrew ross sorkin.emand for oil will slow next year down from 2015. but here's the catch, opec is still pumping more than a drop in production. yesterday you saw a big drop in oil prices. down about 5%. this was a pull back. this morning it's down another 20 cents to $46.90. as for stocks this morning, let's take a look at the futures. you'll see right now that it looks like the futures are indicated a bit lower. of course this is coming after 7 days in a row of gains for the dow. it's the first time its strung together 7 days in a row of winning streaks for the entire year. the dow futures are down by 85 points. s&p futures off by 10 and the nasdaq by 28. >> imports and exports both down. in the baltic. >> there's a cocktail party and there's one to drop the baltic index which peaked in july and hasn't been this low in awhile. we're all embracing it because it helps the emerging markets and takes pressure off of us in terms of leading the world. somebody else plays along with us, there it is. so now gr

i'm andrew ross sorkin with joe kernen. becky is getting ready for tomorrow night's debate. we'll check out the venue during the next hour of squawk box. a lot of things to talk about this morning. alibaba, ford, cnbc parent comcast, we have pfizer, twitter and many more reporting today but the big focus of course will be on apple which reports after today's closing bell. investors want to know how many iphones the company sold last quarter. some analysts expecting them to come in between 40 and 49 million units up from 39 million units a year ago. the stock falling yesterday. the market cap is just under $680 billion right now. >> speak for yourself on what the big one is that everyone will be watching. >> there's another big one? >> there's only one big one as far as i'm concerned. >> comcast. >> yeah. >> i think some other people are interested in apple but, you know, when you say the big one -- >> some people. >> they are both companies that have invested the market. apple up 9%, comcast up 7%. >> there you go. >> apple down in the last three months 5% though verses the