back to you. >> bertha, thank you very much. bertha coombs.e are getting word that secretary of education artie duncan will step down. that's coming from the white house. now word that president obama will make a personnel announcement at 3:30 p.m. this afternoon and possibly answer some questions in the state dining room. when that happens, of course, we'll bring it to you live. in the meantime, europe is about to close in three and a half minutes. simon, back to you. >> as you look at the map, the important thing to realize is europe was much higher at around 6:00 this morning. the paris market was up 2%. 1.9%. the affect of the disappointing employment report here and the fall on wall street has been to cut the gains in europe, which were led originally by the oils and the semiconductors. the other important point to make, of course, is that inaction from the fed in this country means it's more likely that the ecb will enhance the qe that it's involved in on that side of the atlantic. not least because it sends the election from the fed sen

sweet bertha was missing. there she is. no one was hurt and she is back home. all is well that ends well. >> bad bertha. >>> a woman sneen a video is facing charges for doing yoga on a train track. it has taken a year to track her down. this happened near washington, d.c. last december. you can see a woman with and photographer climb on the tracks. she poses, nearly falling on the electrified third rail. she is facing a misdemeanor charge of trespassing. >>> seriously, october is breast cancer awareness month and new york's finest are going pink to show their support. the 112th precinct tweeted this picture showing a cruiser decked out with pink stripes. i'd love to show you the picture. trust me, picture, a cruiser in pink stripes. weird, huh? they had pink socks on. we'd love to show you pink socks but we don't have those either it is a part of a friendly competition to see who is pinkest in the police department and of course for a great cause. >> maybe we with will have it on nbc new york.com. >> yeah. yeah.

the five-foot-long snake affection alley known as bertha was found at a neighbor's home a whole block away from her own home. the people who thank found the snake called 911. animal control officers arrived at the house quickly and were able to catch bertha and took her home. city hall. coming up at 5:00, the pay raise boston's mayor is proposing and how it can get approved without any debate. >>> a nanny accused of stealing she worked for. past including the prison your dream kitchen awaits breathtaking beauty. legendary durability. american craftsmanship. cambria. find your new kitchen or bath at cambriausa.com. we love, love, chocolaty, creamy, with a little something extra. mmm deliciousness. cookies or almonds. yumminess. hershey' s is mine, yours,

bertha coombs, "nightly business report." >>> activist investor carl icahn takes a stake in aig, andt is where we begin tonight's "market focus." icahn is pushing for change at the nation's largest commercial insurer, saying it should spin off its life and mortgage insurance units into public companies. he also said the companies should cut costs. shares of aig rose nearly 5% to $63.91. >>> hyatt hotels is in talks to buy starwood, according to cnbc. this comes after reports that at least three chinese firms were looking to buy starwood, which we told you about yesterday. starwood rose more than 6% to $79.56. hyatt hotels fell nearly 2% to $49.63. >>> diamond foods is being bought by snyders lance in a traction yacks worth more than $1 billion, an effort by snyder's to improve the portfolio of snacks. they serged to $38. snyder's lance fell almost 8% to $33.25. >>> and chipmaker texas instruments is in talks to purchase maxum integrated products, according to bloomberg. maxim has reportedly also received interest from analog devices and may not sell unless it gets a high premium. sha

bertha coombs, "nightly business report," boston. >>> and that does it for "nightly business report"or tonight. i'm sue herera. have a great weekend, ty. >> and you too, sue. i'm tyler mathisen. have a great weekend, everyone. and we will hope to see you right back here monday evening. >>the house republican beadership race becomes a meltdown.... hillary clinton splits with president obama... the united states gives up on one key strategy in syria... and a polarized supreme court sits down to argue again... i'm john harwood in for gwen ifill tonight....on washington week. >>i think i shocked some of you huh? shhh. >> chaos in the house as the presumed successor to speaker john boehner drops out of the running. >> we should put this conference first. and i think there's something to be said for us to unite, we probably need a fresh face. john: but who might that fresh face be? all eyes are on this man. meanwhile, hillary clinton again distances herself from the president, this time on his pacific trade pact >> what i know about it, as of today, i am not in favor of what i havern

bertha coombs, "nightly business report," boston. >>> and that does it for "nightly business report"or tonight. i'm sue herera. have a great weekend, ty. >> and you too, sue. i'm tyler mathisen. have a great weekend, everyone. and we will hope to see you right back here monday evening. ( dramatic music playing ) thank you. ( cell phone rings ) ( ring ) ( ring ) gerry, what do you want? it's my day off. yeah, i know, and i'm sorry about that, but i need your help. why, what's happened? no, nothing like that. listen, i'm giving up cigarettes. gerry! well done! that's fantastic! and i just wondered whether you'd be my fag buddy? your what? fag buddy, you know. someone who helps somebody else give up smoking. oh, right, of course. no, i'd love to help. yeah, but you've got to keep encouraging me, all right? make sure i don't waver.

bertha, thank you very much. americans are slowly starting to believe that lower gas prices are here to stay and that's one of the findings in cnbc's periodic all america economic survey. steve liesman here to break it down for us. i can see on the chart that you're going to tell us what people are doing or say they are doing -- >> say they are doing. it's all we can do right now. but we've continued to use the survey to get at this critical question for the u.s. economy. what's been happening to the savings from gasoline, and we've asked this several times. what we see here is a little loosening up. not all the way, not what you'd expect. let's go over here to those who say they're doing nothing. that's come down just a bit. in other words, people are more aware of doing something with gasoline savings. what do they report? a very small decline, not really worth measuring here of those who are saying they're reducing debt. that's 18%, 19%. a little bit of an increase in those who say they are spending more. a bi

let's get more on this with bertha coombs. >> it's more like if there weren't bad news, there would be no news at all. today, really the points of pain is the larger arc of biotech index. it's off more so than the nasdaq index which has more small caps in it. pricing in biopharma industry is again in the spotlight. there is big fundamental news as well that is moving things lower, exact sciences hitting a 52-week low after getting a disappointing fda rating on the colorectal screening tests. they want to make sure that these targeted drugs will work on patients. so the testing is very critical. then you are also getting a warning today from dna sequencing tool firm illumina. it says it has weak instrument sales, asia, another issue here. the transpacific partnership agreement has a limit on biopharma exclusivity. five years, half of what u.s. biopharma industry wanted. >> that is weighing on these drug makers. mandy. >> big time, indeed. thank you very much, bertha coombs. >>> as we mentioned, oil is rallying, the prices steady despite the market volatility. the worse may not be over.

carl. >> bertha coombs thank you very much. we should mention the ceo of the biggest biotech listing ak a vent sciences. >> and some blockbuster news on the alzheimer's front. >> jackie deangelis has details. >> a near 5% spike in oil prices today, it really sort of came out of the blue for a lot of traders telling me they weren't expecting t but here were the reasons that we were up. you had the eia with its short term energy outlook showing a month to month drop from august to september in u.s. production of 120,000 barrels a day. also you had a weaker dollar today which is typically supportive. having said that, traders growing increasingly concerned about russian air strikes in syria as well. the bearish factors are still out there. this afternoon we will get the api inventory report, department of energy tomorrow. expect to go see an inventory build here and also the lackluster session in equities and concerns about global growth still could be a problem for oil prices. we took off the 47 level whiskey technically, we clos

back to you. >> bertha, thank you. google shares have officially stopped trading as google shares and today they begin trading as shares of alphabet. they are still trading under that same old ticker symbol g-o-o-g. josh lipton breaking it all down for us. gosh, josh. >> tyler, it's not supposed to be confusing. google co-founder and now alphabet ceo larry page, remember, he says the whole point of this restructuring is to create in his words a cleaner, more accountable company. google stock moving higher in today's trade. it's now up some 25% so far this year. bulls believe that thanks to this restructuring there will be more clarity for investors about the underlying strength of google's core search business which analysts think moves this stock higher. as a reminder, alphabet, a public holding company run by page and sergey brin will include a portfolio of businesses, calico, nest, fiber, the investment arms, google ventures and google capital and google x the research lab that brings us those moon shots like self-d

over now to nasdaq and bertha coombs. bertha?> imagine that, starbucks in the birth place of cappuccino. we have huge volume on the netflix sell-off after the disappointing earnings. already trading in three times average daily volume but that's being offset by gains in apple today and the rest of the f.a.n.g. gang. a lot of their competitors when it comes to streaming. facebook is a stand out higher on an upgrade to buy with a price target of $115. the interesting thing is, that's not the worst performer. a couple down grades for sea gaseagate technology, garmin gutted after lower guidance having a tough loss in the crowded wearables business. biotechs interestingly are bucking the trend in health care despite valeant being subpoenaed for pricing. and chips are extending their gains. finally go pro is launching a weekly cash video award to boost its platform. the company is going to give away $5,000 a week to the best edited video, $1,000 for the best video. they'll also give prizes for stills, up to $5 million a vote. my vote w

thank you very much bertha coombs. get to seema mody for a market flash. >> check out shares of fxcm down 7%. it says its systems were hacked and a small number of unauthorized wire transfers were made from customer accounts. all funds have been returned to the accounts that were compromised. >> stocks are raising some early gains as we kick off the first trading day of october and the fourth quarter. will it be noer bad quarter for the market? joining us are nick colas and rob lutz. let's start with the bull, that would be you, rob. you see 12% upside between now and the end of the year. that's pretty bullish? are we going to get there? >> yeah, i think we're going to get there because right now investors are kind of shell shocked. that last month has been quite volatile, quite unusual, but really the last 14 years many investors have really seen quite substantial decline this is the market. two 50% declines. i think a lot of investors are acting like short-term traders and they're not taking the long view. i think th

even 60 up in come bertha hand. tomorrow evening we start to fall off. low 60s in the burbs.be 64 downtown. maybe 11 in bouie and then by early in the morning on saturday we will advance this to eight on saturday. this is not even the cold morning. 40 in demascus. 44 leesburg. it'll be a lily morning. got any games, soccer games you are watching the kids play, dress for the 40s. it'll be breezy all day. even by one we are only 452. only 55 -- for tonight. clear skies early a chilly, some clouds by dawn. low temperatures 44. to about 52. okay on the day planner. 50s to start. 55 the nine. 61 by 11 many then 65 by one. a nice day. in the wake of the cold front the cold air rolls in tomorrow night and in a big way saturday. only 60 on saturday. breezy and chilly. only 55 on sunday. frost possible saturday night. possible, likely sunday night in the burbs. near 60 monday. nice, wednesday, thursday, back in the mid-70s. >>> now wusa9 game on sport was dave owens. brought to you by xfinity. >> college hoops here it's different than football of course. football requires a good core

no one was hurt and tonight bertha is back at home. >> coming up next what cameras caught a woman doing on subway tracks. this is one you have to see to believe. >> an iteam investigation. >> up see them more and month, drones hovering overhead. >> what's next? is that drone able to go to your bedroom window. >> the iteam gaits what these floating cameras mean for your privacy. >> lester holt has a look at what he's working on for 6:30. >> ahead on "nbc nightly news" full coverage of the political bomb shell that left republicans in congress scrambling today. missiles fired by russia to syria landed in iran but it's the airspace they flu threw rattled the u.s.. and we'll have full details when switch now, new york and get installed as early as today. mom switched. we switched. i switched to time warner cable and knew exactly when they were coming. thanks to their 1 hour appointment window. for $89.99 a month, you'll get 100 meg internet, hundreds of hd channels, and unlimited calling across the u.s, and 34 other countries around the world. and for a limited time, you could get a $300 re

bertha coombs is live with a look at how it's going one week after launch.r to you. >> doctors have been worried about. much like y2k. they worried there would be lots of glitches. the entire health system, every provider, every insurer switching to the new coding system that expands diagnostic codes and billing codes five fold from what we've seen over the last 30 years. here at athena health, they helped process for doctor groups and individual doctors. they've already processed more than 1.25 million claims. swron than bush, the ceo, joins me now. jonathan, the question is how is it going? thank you, humana. they paid the first lame in one day. it was for lobach pain and insomnia, which we know and will refer to as m-545 and g7000. >> you have already processed one and a quarter million. 6,000 have been paid. a lot of folks worried that there were going to be a lot of delays. have you seen any glitches? >> no. documents that we monitor everything that goes on in our 70,000 doctors offices, and we saw a small wrup tick from, you know, on average of 5.3 day

back to you. >> bertha, thanks so much. now it's time for a little unusual activity. pete at the telestrator with what he's seen today. >> one of the big names. we don't oftentimes go to that. really, the performance, not all that much, but you can see that movement and volatility. huge buyers of next week, next week's expiring october 30th, they're looking at the 49 and the 50 calls. the interesting thing is a lot of the time you're look at a spread. that's not what happened here. they bought 20,000 of the 49 calls. we call this a call stupid. you're buying and buying. you're not buying and spreading it off. somebody's awfully bullish about these earnings. that's going to be on the 22nd. >> you in it? >> i am. i immediately pounced on it. i wanted the excuse to get back in. >> you like the fundamentals as well as what the option activity is telling you? a quick trade but not a real belief in the company? >> i have a belief in the company. i was one of the guys out there the in front saying he is the guy. i believe he's the guy. i love the direction. they actually hav

. >> tonight will be a great night for a skins team slum bertha -- slumber pa rty. maybe a bonfire fire. they can all watch the patriot game. who is ready to go on the limb and --. >> washington taking a few days off from practice. this is video from earlier in the week. skins, they are in second place. one game behind the giants, 3- 4. next opponent after the bye just the patriots. y gruden's team will be under dogs but no team is unbeatable. the team is resting now but gruden said he wants has players to watch new england tonight. >> i want them to watch and get themselves mentally ready to go. second half of our season we have nine games left. it'll be a grind. i think it'll be important for them to get away. four our five-dayans d get some rest and come back ready to roll. it'll be a tough stretch. >> indeed. time for the key ingredient and it's -- it would be easy to say tom brady but it's really rob. i think he is the key. if he has a big game, the pats nearly impossibly -- he has 34 this season in the first six games and six touchdowns. dolphins 3-3. they had

bertha was found at a neighbor bertha was found at a neighbor's home 2/10 of a mile away from her own home. the people who found the snake called 911. animal control officers arrived at the house quickly and were able to capture the snake and they took her back home. >>> well, time is running out to get a good deal on flights for the good holiday season. orbitz.com said today is the cheapest day to book flights for christmas and today is the best to book tickets for you in year's travel. for thanksgiving, it may be too late. prices for all three holidays are expected to rise over the coming weeks. >>> today tv legend bill cosby is expected to testify under oath of the sexual allegations against him. noted attorney gloria alred plans to depose cosby. she represents a woman who said that the comedian molested her when she was 15 years old. over 50 women say she were sexually assaulted by cosby. the star says he is innocent. >>> a young star is coming clean about her health. selena gomez said she has been going through chemotherapy to fight lupus. a dip cal course of treatment. it is --

index flat but there are movers, bertha. >> there are some very big movers here today. of things flat ahead of a big earnings week, but today it's a little bit of a halo effect from the fallout from lily's drug trial not being successful. lily doing -- trying to develop a drug that would help boost good cholesterol and lower the bad cholesterol. they abandoned that drug. and take a look what's soaring today as a result. regeron, one of the makers of the so-called pcsk9. these are the injectable cholesterol drugs approved this year that a lot of folks are very excited about from people who don't respond very well to statins. so the lily drug might have been a competitor to this treatment. take a look at the others that's helping to boost biotech somewhat although not a strong day overall for biotechs. but some of the other players, amgen also getting a boost on the news they won't be seeing that competition from lily's drug in that space. meantime, on a day like today when you've been hearing about all those problems with southwest airlines and its airline glitch, comput

host: we will go to bertha in birmingham, alabama. tell us what you are experiencing? caller: i have had a son that was in the system but my main thing with that is that a lot of these young people have not been properly educated. enough sportse activity or some of the others for them to get involved without causing them to get into it. i think we need to incorporate some of that in their so that we can kind of get a lot of these people from the correctional facility. host: what was the biggest challenge for your son? trying to reenter society? hirer: they don't want to anybody who has been in the correctional facility. they understand the record that they have. my son is doing well right now, but he still is having problems trying to get hired on permanently. cdl license that he cannot use because he was in a correctional facility. host: we will talk about all of those issues with some staff from the montgomery correctional facility outside of washington later this morning. what they do it this facility to try to prepare those inmates that are there for life after jai

the alarm about recent violence which he says was caused by israeli incursions and told the james berthahas not been abiding by the is oslo accord they will not either. >> translator: we will not be the only one following these, while israel vie let's them. we therefore declare that we cannot be bounds by these agreements and israel must assume all of its responsibilities as an occupied power. >> reporter: is this the bombshell that president abbas said he would drop or just an empty promise? there are more more questions than answers, how will it change the way his palestinian authority working on on the west bank and what would be the reaction from palestinians there and in gaza. al jazeera spoke to an official from hamas. >> i think it is just words. it's just a speech. all the time you are talking about occupation, palestinian state, two-step solution, peace process, coexistence, peaceful negotiation, but they are reaching the conclusion that all of these these are lies, illusion. >> reporter: the israeli palestinian conflict will remain in the u.n. spotlight. the israeli prime minis

bob pisani at the nyse and bertha coombs is going to be joining us from the nasdaq as well. bob, find the action for us. >> i'll tell you why i'm happy, we've got the through first major week of earnings with the banks and now ge and honeywell, market is holding up fine on that. i am happy with a quiet day. ge reporting today, new high for general electric. also we have two dow stocks at new highs, nike and general electric. nike has been hitting new highs for a long time. a good report from honeywell as well. we haven't been hitting many new highs. it's been a small group of consumer names, altria, reynolds american, the cigarette company. clorox has been doing great this week. they've been hitting new highs on a regular basis but not much beyond a small group of consumer names. no love at all for metal stocks again today. we're seeing notable declines in some of the steel names, freeport another day down 4%. alcoa down 3%. i suspect, mandy and tyler, maybe they're trading down ahead of china's gdp report which is out sunday which is widely expected to have a six handle in

let's get to bertha coombs.escue us, bertha. >> if you are long oil, you probably would like to turn to the ministry of magic. no magic in the oil trade these days right now. we are just slightly above the final trade which was right at around $44.59. that's sitting right at the 50-day moving average despite the fact that we had that big move from china which normally does rally the animal spirts in the crude pits. not today. we had the dollar strengthening. that was a bigger headwind. for the week, crude down 5%. second straight weekly decline. >> bertha, thank you very much. >>> every day we dig through analyst research to find the five stock calls that stick out the most to us. we call it "street talk" and what's so funny? >> i was looking into the wrong camera. >> that's already. it happens. you haven't done the 2:00 show in a while. there's only two choices. first up is equifax, ef x, stifel nicolaus upgrading it to a buy. they make a recent deal they made. they say a big government contract in the uk and a

bertha in mind you could see -- bear that in mind you could see wet conditions. >>> and now we'll check in with sal. we need the rain, when you don't have a lot of rain it's good news for commuters. >> it is. you're right. when it rains as you know, it gets much slower, if we can hole off until after the commute, the perfect rain if it happened overnight or the middle of the day for the commute. let's look at what we have. not a lot going on. this is a look at the mcarthur maze, the traffic looks good. and this morning's commute is not bad at the toll plaza. the meters lights come on around 5:30. we have a crash northbound 880 in the vicinity of high street. there's a little bit of a backup here. i didn't call for this. if we can pull up the camera, you can see that traffic will be starting to back up northbound as you approach high street, northbound at high. can see it, the brake lights, there it is. you can see that. unfortunately this is an early accident we'll have to keep an eye on it for you. normally not a slowdown here. let's go back to the desk. >>> police in san jose look for

let's go to bertha coombs. >> we have health care a bit of a drag here, but technology is higher with apple in particular. really that's the one thing that's the positive influence here on the nasdaq 100 after its earnings, getting an upgrade to overweight from pacific crest that is boosting the chip sector. that's one of the strongest sectors where we see apple suppliers moving higher. walgreens, you know the story there, they beat on the earnings. they are forecasting lower earnings because they are going to suspend buybacks in order to fund the deal for rite-aid. color from the call. they are not really outlining how many stores they expect they'll have to divest in order to secure ftc approval for the deal. they were also asked, because it was talked about transforming, being a bigger health care player whether they will take a page from cvs and not sell tobacco, they said they're not ready to announce on that anthem, though it beat and its guidance is strong, it says it is still trying to work out the individual market. back to you. >> bertha coombs, thank you very much. >>> comi

. >> bertha coombs at the nasdaq market side give us a quick update on what happened there today. >>tech led the reverse this will morning. take a look at biotech one week chart. talk about a reversal after crashing through the august lows on monday, biotechs are set to be up about 6% from that low we saw on monday. on the other side you have apple which is a continuing to be a laggard here, dragging despite those record sales, concerns about maybe whether apple has stockpiled chips and cutting back. hip r hit the chip sector earlier this week but the chip sector is on pace for a nice gain for the week as well, a nice reversal there as well, breaking a two-week losing streak. the big winners today are the china related stocks on reports coming out of beijing that china is look to go prop up the government, that has all of the gaming stocks up, but it's also carrying a number of internet names as well. back to you. >> isn't it interesting, isn't it interesting, kelly and i have been hearing from traders and we are seeing this change of psychology that turned on a dime this morning aft

back to you. >> all right, bertha coombs at the nymex.well, is oil really going to go to 80 bucks next year? let's bring in dave purcell. dave, we've got a lot of bulls on this show around oil and they make the case about how production is going to go down and maybe demand will go up. 80 seems aggressive. make that case. >> so i think you have to believe that the market is not as oversupplied as consensus believes. if you look at inventories in the second quarter of this year, the market is half a million barrels oversupplied. july and august inventories, we're much closer to balanced. couple that with demand growth, although maybe slower than the stellar growth we're seeing today and non-opec supply is going to fall 500,000 barrels a day next year, so that puts the market clearly under supplied by the back half of 2016. now, that's not tomorrow, but those factors coupled into the equation boil out to be $80. >> you're in houston, you're probably an astros fans but you're kind of sounding like a mets fan. you have to believe. you have to

bertha with the futures. >> hey, scott.he dollar zooming the last couple of days with the cooing of dovish central banks, the ecb, and now the pboc. we have the fomc meeting next week. what is that meaning for the greenback? do you think we'll still fly higher here? >> i don't think they're going to tighten. i think they're going to still talk about tighten because they really want to. the dollar kind of stays stable. i think what really happens is we start to focus more on the ecb because it was extremely dovish, and they talk about new and exciting ways to pummel the your wroe. if it settles below 110.30, i think the euro could go back to 105. >> what does that mean for the greenback? we were close to 90 seconds here a couple of seconds ago. >> yeah, i don't think we see that moving the euro due to the fact that janet yellen is not going to do anything next week, and i don't think she's going to do anything in december. the dollar is going nowhere in a hurry. >> you heard it here. thanks very much, guys. have a great week

in fact you know, bertha lewis, who used to be with acorn, racist she says because it calls to account the teachers' union. i'm going to go around the table and say is that a racist ad to you. >> you lost me when you said acorn. the credibility is out the door. do you have a better person saying that? >> i'm going to tell you, i can imagine there are people, i know the arny dunk -- everyone rne duncan, education secretary who is resigning. he supported scharters, put more money into charters recently, but it's not popular with the democratic rank and file. >> that ad is not racist. just stating facts. >> the vast majority. there is a bifurcation in schools. not just in new york, but across the country. why not fix it? how much money does the department of education have to spend? can't pay final sum of it? >> listen. >> away from the common core and into things like school choice? >> but you see, this is so crazy. but -- >> de blasio tried to close charter schools. >> this a rally and they had 15,000 people. people really want it. >> the biggest rally during the mayor's election. in th

i'm bertha coombs at the nymex.eekly inventory numbers are out, and they are even worse than some had feared. much more bearish. we had an 8 million barrel build in crude stocks. that was higher than any of the expectations, even higher than the petroleum institute's bearish number last night which was just over seven. of that we saw a 1.1 million barrel build it looked like at cushing, the delivery hub for nymex. meantime, gasoline inventories fell less than expected, down 1.5 million barrels. distillates were down 2.6 million barrels. we're watching oil right now trading at just below $45, falling to $44 and change. already we were on the downside this morning with concerns about another sell-off in china with no move towards easing in china, and the fact that, carl, we have that opec technical meeting with nonmembers and it appears according to folks who were in that meeting that there was no discussion at all about trying to limit production or set some sort of price floor. back to you. >> thank you very much, b

bertha joins us with the details. >> another mega drugstore chain and another mega health care deal. we've seen nearly half a billion of them. half a trillion of them this year. 500 billion so far. >> this deal values rite aid at $17.2 billion when you include debt. not a surprise it's happening. rite aid has been lagging. it's been a lagging number three in the pharmacy space and environment where having scale is increasingly important between rising drug costs and tougher reimbursements from payers and insurers and pharmacy benefit managers so it's no secret as well that walgreens was on the hunt for acquisition. shares surged on the news yesterday. the drugstore chains shares had fallen 30% since last month after it lowered it's guidance to account for its own acquisition of invision far ma that it bought earlier this year. walgreens ceo who became the ceo officially in july but had come on board in january through walgreen's acquisition made no bones about the fact that there needs to be consolidation in health care and in the pharmacy space and his desire for an acquisition. que

let's get more from bertha coombs. >> alex yan pharmaceuticals and vertex farmer are the big gainers. the pair are up about 10% for the week. the stocks remain in bear market territory. they're down about 20% from their highs. as is the nasdaq bio tech index. quite a reversal for the week. you look at the one-week chart. crashing through the august 25 lows. we have seen the reversal holding the low levels and moving higher. on pace for a weekly gain. chip stocks, also moving higher on pace for weekly gain. memory chipmaker micron posting a smaller than expected loss. amd moving up, too. they're restructuring and cutting jobs. wynn resorts are the biggest gainer. china's casino capital is lifting a number of chinese stocks as well. back to you. >> thank you very much. >>> so, the u.s. economy posting another month of weak jobs growth. how will the latest numbers influence the fed's plan? steve is here. not that yellen had the jobs data at the time of her decision, a lot of people are saying she's being vindicated. others are saying, the feds missed the window. >> some people said they

bertha coombs. >> yeah. the big cap tech is really what's led the nasdaq's rebound this month.aidu surging about 12%. but it is among the china stocks that though still in bear market territory is up about 30%. a lot of them look like that. a big rebound amid consolidation. also a big rebound in chip stocks. pmc sierra, and sky works and semi. and the big gainers have been the nasdaq 100 caps. helping that gain 12%, microsoft the biggest contributor. amazon and apple. take a look at microsoft. the real standout. biggest monthly gain since october 2007 and now just about 5% from its all-time high back in 1999. which is helping to move the nasdaq 100 very close to its all-time high surpassing that y 2 k high. >> thank you. it is not just u.s. markets that have been strong. the rally seems to have really spread around the world. >> let's start with asia which was a source of concern over the summer given the free fall in exotic stocks. fwau but a dramatic turnaround. the hong kong stock market up 9% or so. what's changed? well a couple of things. one is investors seem to have beco

big bertha perhaps a rainy pattern next week. steve you are such a tease. only in weather.eather. george mccray talking in el cerrito. clear and crisp. some fog again north coast trying to work its way toward the marin and sonoma coast. there is a little bit toward the half-moon bay. big system. big low churning in the four corners. our cool down starts with that front moving on the north coast. 40s and 50s on the temps. we had a lot of 40s this morning. a couple 30s well to the north. windsor right at 50 yet higher elevations in any breeze. signs of a cooler pattern start tomorrow. today it's a tiny bit on the coast. sunshine, nice and warm. 80s through the interior. about 3-5 degrees cooler than yesterday. 60s and 70s around the bay. all right sal what do you have for us? things have been nuts. crazy. >> it is really crazy. we have a lot of slow traffic on this wednesday. i want to show you the east shore freeway. we will start there. it has become a little better. we have taken an hour to drive from the carquinez bridge to the maccarthur maze and it's a long time. especi

bertha combs has more. >> these days it seems if it's health care, there is consolidation going on. dow jones industrial average reporting the two drugstore chains are in advanced talks to merge. both companies have officially declined to comment on that report. rite aid shares spiking on the news. rite aid is the lagger among the big three drugstore chains. itself has integrated a pharmacy benefit management firm in june, digesting now that acquisition. the company said that acquisition represent az milestone as they try to devere milestone. they want to be a acquisition target. rite aid would add regional exposure according to our analysts. that would help them compete with cvs which recently acquired target's retail pharmacy business. that gives target much greater exposure in the pacific northwest. adding incremental earnings for walgreens if they did tie up with rite aid. walgreens would get more exposure, cvs now dominates. that the tie-up would have implications for suppliers and others as well. shares are higher. they say they could see more business from the consolidation.

bertha, what you are watching? >> a calm before the earnings storm. folks sitting on the sidelines waiting for intel this afternoon. interestingly, we have chips down, biotechs down. we're getting a boost from the big cap tech names today. apple has been positive for much of the day. just barely holding on by a nickel there. parent company of google, also that's what's really holding things up. intel, just now slipping into negative territory. what is interesting is a lot of the beaten down stocks have been moving higher today. maybe we have all the brewing news, the coffee brewer is higher. tesla coming off negative analyst ratings today. the "l.a. times" reporting that small business owners who buy a model x can qualify for a $25,000 tax reduction on top of the $9,000 state and federal tax credits for buying an interest car. media stocks today, also seem to be moving higher. again, not any particular sector winning. but bob mentioned the big losers are the airlines. not just jetblue here. jetblue is one that actually got a downgrade but j.p. morgan

let's go uptown and check in at nasdaq with bertha coombs. >> uptown they say october is often the time when we put in bottoms. today we're seeing the strength in large cap technology, although it's down today. when you take a look at chip stocks, they are among the worst performers today. they're among the best performers this week. the philadelphia semi-conductor index is up about 4% or so. biotechs, again, a different story. today they're fractionally higher, but the nasdaq biotech index is actually the loser for the week down about 2.5% as pricing issues and regulatory risks continue to weigh on sentiment when it comes to that sector. tesla shares have come off their lows but they're getting hit on a downgrade over at bark clays to underweight. the analyst there not seeing the model x driving much in terms of new sales volume but that's not stopping elon musk from throwing a little shade on apple's ambitions to make an electric car. saying apple is tesla's graveyard saying the analysts who can't make it at tesla go there to bury their careers. ouch. >> fighting words. it has been a

let's go up town, nasdaq, bertha coombs following the big movers there. >> the big movers were the small caps. the russell 2000 out performing and the reason why biotechs. positive headlines starting with pbm express scripps. they buy a lot of drugs and they have been trying to combat high prices. they're adding the new cholesterol drugs to their formulary. they were able to get a good price from amgen and sanofi. cvs officials are still studying the issue but biotechs leading the way. >> stocks have been struggling a little bit but it's been in rally mode. the major average is up 3% in the past one week alone. well, with all the global fears out there, why is the market rallying in? >> it's important to know that this rally extends overseas as well. take a look at european markets so far in october. you can see germany, france, spain all up about 3% to 8% in the month of october. asia joining in on the rally, stocks there trading at seven-week highs. speculation that japan will ease further has sent the nikkei higher by 8%. ubs global strategist says there's three reasons global markets

bertha, thank you. let's get to the "closing bell" exchange for today. joining us is jim lowell, cnbc contributor jack pa roachy and ben willis on set with us. welcome one and all. ben, thoughts on this market with the dow up 60 points. >> market is stocks and right aid is the hot story, h-o-t, "star wars" another hot story, ibm the big story on the buy back, you have a spike of 2 points and settled right back in. aside from that the big concern for me in this market and most professional traders are looking at the underperformance for the russell 2000, especially since monday. that's not a good trend. people trying to take some protection in the vix. the other big story i haven't heard anywhere but in my groups that we chat with is that the airlines have been under pressure under clinton pressure in what the prospective president mrs. clinton will do to biotech she plans on doing to the airlines, we see some selling in the airlines based on this. >> ben mentions the small caps struggling. would you buy them? >> oh, i think i might buy a small caps manag

the most striking thing about that bertha, meant was the laughter in the background.be an entertainer and not a candidate. >> you hear that, they are not mutually exclusive. i think he is a serious candidate and i also think he is an entertainer. explains why he has been leading. >> he announced he wouldn't be entering the race. how does this change things in your perspective? >> i was wrong about this because for months i have been predicting joe biden was going to get in the race and he didn't entirely close the door. he went into his announcement in the rose garden with the president it was more of an announcement saying i am not running, they are waiting on the fbi investigation. if hillary clinton had serious grave legal trouble joe biden will be able to ride in. >> ended the speech with i am here to anybody needs me. >> i am 60 minutes on sunday when he was asked about hillary clinton, if she is the nominee of course i will support her. i thought that phrase if she is the nominee leaves a lot of latitude. i may not be entirely wrong yet. >> i hope donald trump w

come back, wait a second, listen to this, listen to what trump had to say about the ayatollah and berthas. >> how are you doing? i will never -- i will get along with improbably and maybe not and if he doesn't get along with me they have problems. what we getting involved for? it is easy, you don't have to put makeup. huckabee of liver one looks, wouldn't it be easier? wouldn't that be easy? stuart: i have to believe that was a joke, he was fooling around and being entertaining. >> u.s. meanwhile remain center of attention. anyone else saying that stuff ever? stuart: interesting from has been taken over by ben carson but two outsiders. next case. on the ground, president obama considers moving troops closer to front lines in syria and iraq, this as the navy ship, the first ten miles of islands by china. james is with us. i will start with this whole idea that maybe we are beginning to push back, maybe. on the ground in syria, definitely a worship, is this the beginning of pushback? >> reporter: maybe. not much of a push so far but on the other hand they were sort of negative pushing as n

yo digo por experiencia, o necesita la doctora bertha. buenos dÍas.Én ayuda con la irritaciÓn de la piel, especialmente luego de utilizar la pecadora. ademÁs tiene protecciÓn solar. la protecciÓn solar no sólo te protege antes del envejecimiento sino que es muy importante para proteger ante el cÁncer de la piel que es algo que los hombres no toman tanto en cuenta. van a utilizar este producto todas las maÑanas y cuando utilice la producto todas las maÑanas, se lo van a aplicar en toda la cara como estÁ haciendo el modelo aquÍ y es super importante para protegernos, nosotros protegernos la piel sino que tambiÉn vamos a recomendar como la de cobre recomendamos todos los pacientes, seis a ocho vasos de agua al dÍa, una dieta balanceada baja en azÚcar, dormir por lo menos 7 u 8 horas al dÍa. alan: porque nos merecemos lo mejor, muchas gracias por estos consejos. doctora: gracias, les pueden conseguir en el target mÁs cercano. ♪ ♪ ♪ ♪ piel impecable? neutrogena® makeup remover... elimina el 99% de tu maquillaje mas resistente. ¿necesitas mas prueba? neutro

karla: obviamente hay que aprovechar este dinero, tambiÉn tenemos la duda de ana bertha morales que diceno importa la edad, puede aplicar, la solicitud es gratis, la puede conseguir en la pÁgina web de univisiÓn, y tambiÉn hay un nÚmero que pueden llamarse necesitan hablar con una persona en espaÑol o en inglÉs. karla: me encanta porque nunca es tarde para cumplir los sueÑos, estudiar, y apoyar nosotros como padres los sueÑos de nuestros hijos. muchas gracias. hay muchos recursos, y apoyo disponible para estudiantes se califican. hay mucho dinero, casi 150.000 millones de dÓlares, amigos, sÓlo tienen que aplicar, si tienen mÁs preguntas para leslie, pueden compartir sus preguntas en vivo durante nuestro facebook chat, sobre ayuda financiera, es a las 12/11, en la pÁgina de facebook, univisiÓn.com/univisióncontigo. no les aprovechen esta oportunidad, hay que estudiar. >> los esperamos esta tarde. karla: ahora hablamos con ximena que nos dice cÓmo podemos seguir ahorrando. ximena: la educaciÓn y ahorrar, dos cosas muy importantes para nuestra vida, si estas cansado de pagar una fortuna por

do you know that hillary clinton was a bertha sh sne wanted the records and fought like hell. >> reporter saying this. >> i get along with democrats, i get along with hillary, i got along with bill. >> reporter: but that was then. >> she's not doing so well. i mean, honestly, she wouldn't be allowed to run. >> reporter: this is now. >> she shouldn't be. >> reporter: gary tuchman, cnn, atlanta. >> as gary just reported, donald trump and his abrasive style have left their mark on the 2016 campaign for the white house, even here in vegas. the president of the front-runner, yes, that is the trump international hotel. the republican debates have so far being filled with attacks and insults from larger than life personalities. the democratic debate looks to be absolutely nothing like that. and i spoke to our political analyst about that a short time ago. >> in terms of the debate here on tuesday night, they could not be two different debates if you tried when you compare it to the gop debate. >> the republican debate is defined by the anger of the grass roots at the party. a lot of intraparty s