i'm bill griffeth. thank you for watching, everybody. have a great evening.e'll see you tomo. >> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation, and kovler foundation, pursuing solutions for america's neglected needs. >> planning a vacation escape that is relaxing, inviting, and exciting is a lot easier than you think. you can find it here in aruba. families, couples, and friends can all find their escape on the island with warm, sunny days, cooling trade winds, and the crystal blue caribbean sea.

i'm bill griffeth in tonight for tyler mathisen, coming to you once again from the new york stock exchange, hi, sue. >> good to see you, bill. i'm sue herera. a record close for stocks. but we begin tonight with the job market. and the potentially unprecedented impact that hurricanes irma and harvey could have on the labor market, at least in the short term. today we learned that american employers created fewer jobs in september than they had in any single month in nearly a year, primarily because of hurricanes harvey and irma. as hampton pearson reports, the disruptions are expected to show up in the monthly government jobs r >> reporter: today's private sector hiring survey is the first indicator of just how much of an impact hurricanes harvey and irma had on the job market last month. only 135,000 new hires in august, the lowest in nearly a year. small businesses were hurt the most, losing from 50 to 60,000 jobs, according to payroll processor adp. leading economists say fed chair janet yellen has already indicated monetary policymakers are anticipating the hurricanes' impact. >> the f

i'm sara eisen for kelly evans at the new york stock exchange >> and i'm bill griffeth here we go again another big rally on wall street the dow on track for a record close after strong earnings from industrial giants 3m and caterpillar. a few others are doing well as well today but those two stocks are responsible for the majority of today's rally for the dow. in fact, we were up almost 200 points a short time ago. we're off those highs right now. >> investors getting set for another batch of potential market-moving earnings after the bell we're looking out for at&t, chipotle, express scripts, texas instruments, just a few of the names set to report earnings in just about an hour >> we will have our hands full at that time but let's get straight to our big story. the strength in the market today from the big industrial companies cat and 3m getting that boost on earnings driving the dow higher ge and ibm trading lower, bob pisani give us some more. >> well, here's what's going on. there's a very unusual divergence between the dow and the s&p. it's happened a lot this year, actually 70 p

. >> clearly a new sheriff is in town, that is for sure i'm bill griffeth. we'll have more of that interview with the brand new chairman and ce o of ge, john flannery and an analyst who says we could be approaching a bottom for the stock. >> it was down, what was it 8% this morning after those earnings. >> down a huge amount. started coming back. then especially when david's interview was going on there live on cnbc, stock really did come back at that point. >> g, e shares now positive there's the home builders up more than 1% there's a new emerging trend among millennial home buyers that could prove to be a little bit of a risk to this market, would you say? >> wouldn't you think? >> we'll ask bill if he'd do something like this for his kids anyway. >>> let's start with today's big rally, up 131 points on the dow right now fueled by in part the senate passing a 2018 budget late last night. a key first step toward tax reform ylan mui is in washington with what happens next. ylan >> reporter: bill, republicans are really sped up the timetable for tax reform w

. >> and i'm bill griffeth in case you hadn't heard yet, today is the anniversary of black monday, a day when the dow fell by 22.6%, 30 years ago today. 3022.6% decline meant 508 points on the dow. >> on the dow. >> today a 22.6% would be a 5,000 point decline. >> can you even imagine? >> well, it was pretty dramatic back then. back then, i was anchoring for the old financial news network, and on that day -- is that ron burgundy no look who that is that is a very young paul tutor jones. >> oh, my goodness. >> this is back when paul used to take my phone calls call me again, paul. we'd love to talk again. anyway, he was on the floor -- >> i love that 'stache. >> talked about what happened, what was going on, what he was thinking. >> did you lose the 'stache after the -- >> let's see, that was in '87. i lost the 'stache around '88 or '89 yeah wasn't long after that. >> not too late to bring it back. >> i think it is >> by the way, paul tutor jones is lauded for having kind of foreseen that drop was happening. >> let me tell you, i mean, we were friends back then he was a very -- still

. >> and i'm bill griffeth in for tyler mathisen who is on assignment tonight. i'm co to you from the new york stock exchange, where once again stocks

i'll add my congratulations to christina and her family, that's fantastic number two for her i'm bill griffethoxy battle that could be more contentious than election night. procter & gamble say the shareholders voted against giving a board seat to nelson peltz. mr. peltz says it ain't over until all the vote are counted and we have the very latest on this boardroom battle coming up. >>> institutional investor just

>> is very funny >> i'm bill griffeth.urn of single stock trading move over etfs, we have details on a new report that shows trading in individual companies could be making a comeback very interesting. >> here are individual names that are getting hit heaard tote movie theaters in th

i'm sara eisen for kelly evans at the new york stock exchange >> and i'm bill griffeth here we go againer big rally on wall street the dow on track for a record close after strong earnings from industrial giants 3m and caterpillar. a few others are doing well as well today but those two stocks are responsible for the majority of today's rally for the dow. in fact, we were up almost 200 points a short time ago. we're off those highs right now. >> investors getting set for another batch of potential market-moving earnings after the

i'm bill griffeth. here we go again another record day for stocks.xth consecutive record close and that would be its longest streak in 20 years >> yeah. >> believe it or not. >> to keep hitting those records right in a row, day afte

. >> i'm mike santoli in for bill griffeth good to finish up the week with you. >> full-ing on two hoursof energy. >> double my usual work. >> now that we have new berg, him and new -- anyway. he's going to -- >> i think he'll remind you who he is later. wells fargo, today, getting hit on concerns over lope growan grn

i'm bill griffeth. brace yourselves this is the busiest day of the earnings season. things going on right now. in one hour we're going to get an onslaugt of reports again this write this down, everybody, amazon, alphabet, intel, gilead. that's only for the start. we're going to tell you what t

tgif i'm bill griffeth.e today after six consecutive record closes which, by the way, was a 20-year record we'll see whether the market can make a comeback. in h this final hour he said optimistically >> it's been a hot first day of trading for the data center ipo called switch. that says the treasury suggests cutting down on disclosures for public companies

. >> and i'm bill griffeth in case you hadn't heard yet, today is the anniversary of black monday, a day when the dow fell by 22.6%, 30 years ago today. 3022.6% decline meant 508 points on the dow. >> on the dow. >> today a 22.6% would be a 5,000 po

i'm bill griffeth. we're going to look at this

. >> i'm bill griffeth warren buffett's latest market bests with stocks.ord highs right now the oracle of omaha has been telling cnbc his investment strategy some of the highlights coming up in a few minutes here. >> always interesting. >>> auto sales rebound september numbers are come in strong so far. we'll have the final monthly tally for you coming up. look at shares of gm, we talked about yesterday they're at a new recent high. 7: up 3% today. ford

. >> i'm in for bill griffeth.he first of the bank stocks to report earnings this season. the numbers coming out in about an hour. what to expect from that report and look at whether the previ s previously announced netflix

i'll add my congratulations to christina and her family, that's fantastic number two for her i'm bill griffeth. proxy battle that could be more contentious than election night. procter & gamble say the shareholders voted against giving a board seat to nelson peltz. mr. peltz says it ain't over until all the vote are counted and we have the very latest on this boardroom battle coming up. >>> institutional investor just releasing its list of top ranked analysts we've got the number within analyst in biotech here to give us his favorite two names in that space. >> yeah, the big cap and the small cap. in that order. >> you really have to know biotech. you really have to know. i'm looking forward to speaking with him. >>> plus the man that won the paper called half man, half god, for his market-moving calls. the number one equity-linked strategy will join us coming up. think that's on his business card now >>> we start, though, with the clock -- the stock powering the dow higher today, that would be walmart, shares surging 5% after some key announcements during its analyst day in bentonville, arkan

. >> i'm mike santoli in for bill griffeth good to finish up the week with you. >> full-ing on two hours. >> lots of energy. >> double my usual work. >> now that we have new berg, him and new -- anyway. he's going to -- >> i think he'll remind you who he is later. wells fargo, today, getting hit on concerns over lope growan grn costs. john shrewsberry jiwill join ust discuss the lasting impact of fake accounts scandal. >>> we've been following the scathing critique of bridgewater and ray dalio written in the newsletter last week jim will join us in an exculusie interview. some of it may strurprise you. >>> we begin with iran today the president just announcing new sanctions will be put in place against the country and decertifying the iran deal after his speech, he took questions from the press, when asked why he didn't just end the deal now, he said this >> we'll see what happens over the next short period of time. and i can do that instantaneously. i like a two-step process much better >> what impact could the uncertainty over the iran deal have on energy joining us to talk about that

. >> we're so -- >> we'll collect that tomorrow i'm bill griffeth. makes after a stellar comeback on friday as they were just mentioning on "power lunch" general electric selling off on the back of an analyst downgrade. we have the -- in fact, there was also that upgrade. markets ignoring that. they're going with the downgrade. we have details. >> dividend worries are there. >> l

. >> i'm bill griffeth warren buffett's latest market bests with stocks. record highs right now the oracle of omaha has been telling cnbc his investment strategy some of the highlights coming up in a few minutes here. >> always interesting. >>> auto sales rebound september numbers are come in strong so far. we'll have the final monthly tally for you coming up. look at shares of gm, we talked about yesterday they're at a new recent high. 7: up 3% today. ford up 2%. >> the autos among those leading the transports to record highs again today. >>> plus the grocery wars are heating up again. this time walmart is making a newing a b decision to go after amaz amazon very interesting a lot of people in new york city are very excited about it. we'll explain coming up in a little bit. >> good for brooklyn. >>> we start with our top story right now, executives from two scandal-ridden companies have been meeting face-to-face with lawmakers on capitol hill today. cnbc cnbc's wilfred frost has the highlights of the wells fargo hearing, about millions of unauthorized acc

. >> i'm bill griffeth we start with the big breaking story.it by now, the largest mass shooting in u.s. history. a 64-year-old gunman firing at that music festival on the las vegas strip last night officials say that at least 58 people are dead. more than 500, incredibly, have been injured and we get right to cnbc's jane wells who ha

i'm bill griffeth. brace yourselves this is the busiest day of the earnings season. plenty of other things going on right now. in one hour we're going to get an onslaugt of reports again this write this down, everybody, amazon, alphabet, intel, gilead. that's only for the start. we're going to tell you what to expect how does this happen who planned this >> easiest -- busiest day of the earnings season. sometimes less is more listen to this dunkin' donuts looking to boost sales by offering fewer types of doughnuts in some stores we'll talk to the ceo on a first on cnbc about that move and this morning's earnings report. >> apparently they identified 18 what they call core doughnuts. >> those pour doughnuts. >> wonder what the poor doughnut is see if nigel can name all 19 of them coming up. >>> president trump is going to crack godown against bad actorsn the opioid epidemic. number of drug distributors and pharmacy benefit managers have been getting hit hard on those comments among other things in just the last few minutes. some down more than 4%, 5% we have the attor

cell phone you used to have a lot of them >> yes >> and i know some still use them >> i think bill griffeth uses it, our colleague >> it might come back, by the way. it might come back but today, we're really focusing on cybersecurity whether it's for the cars, for the enterprise of things, for bank systems and so forth. this is why i need to get closer to the customer. and i need a platform that's more global. >> you just mentioned cars, of course, which leads me to one of my favorite subjects, autonomous vehicles there's a lot of concern when we get there, whenever it is, and i'm curious when you think it will be that we see them on the streets, there's a security issue. that they'll all be networked and the idea that somebody could hack is frightening. >> this is the dna of blackberry you all have been blackberry users before reliability and security and privacy are the number one things in fact, you could argue that because of our focus on privacy, we have lost a market of mark marketing to the consumer because we didn't use anybody's data, for example. so this has been something that w

greg said, i didn't even know blackberry still existed bill griffeth really using one >> i'm not doingt hand side i've got the left one in >> you better have enough purell to clean it out. >> i want you to do your i couldn't be side down situps >> that's not coming out it feels quite secure. >> i'm telling you >> if i ran with it, i'm not sure >> you can test that out after i don't run with music >> i'm going to run from the stock exchange all the way to the upper west side. >> we have to take these off now because siri is trying to help us out see, it's not all hate mail. robert e-mails, i love evan newmark's commentary, especially his facial expressions the interaction between him and larry puts a smile on my face. >> my mother told me, you've got to stop it with the facial, with the hands. she was very critical of me the last time i was on >> she's a smart lady, her feedback is spot on, because it's usually negative. >> very pro-kelly. >> that's why she's brilliant, we appreciate that she watches all the time we have facebook earnings coming up, apple earning, trump's fed chair choi

i'm bill griffeth. here we go again another record day for stocks. the s&p on track get this, for its sixth consecutive record close and that would be its longest streak in 20 years >> yeah. >> believe it or not. >> to keep hitting those records right in a row, day after day after day. >> we will see if a rally can hold into the final hour here. the dow, itself, up 106 points also in record territory. >>> and helping the market today, the house passing its 2018 budget, that's a first step toward getting tax reform done and how speaker paul ryan will be holding a news conference on that very topic later this hour. we'll bring it to you live as soon as it begins. >> the dow up 40 points. when they announced they passed a budget, it was sudden i up 100. it's looking for right now. >>> the amazon effect strikes again. this time fedex and u.p.s. in its sights see both those stock are lower detail on that coming up. >>> we begin with the netflix stock jump today and the company's move to raise the price of its most popular streaming plan by 10%, which soun

. >> we're so -- >> we'll collect that tomorrow i'm bill griffeth. what a difference a day makes after a stellar comeback on friday as they were just mentioning on "power lunch" general electric selling off on the back of an analyst downgrade. we have the -- in fact, there was also that upgrade. markets ignoring that. they're going with the downgrade. we have details. >> dividend worries are there. >> a list of stocks that are coming the new bellwethers it could be argued that ge has not been a bellwether for a very long time. >>> meantime tesla shares also under pressure today over under certainty around whether the electric vehicle maker will be opening a new factory in china we're going to separate fact from fiction on this one. >>> and after the bell, soon you'll be able to order takeout directly from the amazon app the head of amazon payments will be joining us exculusively to talk about the e-commerce giant's latest announcement. everybody's getting into the payment system business right now apple pay, amazon pay. >> international, too. alibaba

i'm bill griffeth. we're going to look at this march to dow 23,000. and we also have ibm reporting earnings after the bell tonight. could that add to the gains or derail this run? that's the big question. we'll get to that coming up. >>> a lot of earnings this northern already contributing >> yes. >> to this move. >> very much so. >> here's netflix. yesterday we told you about the earnings in the session today, it cannot hold those gains can netflix become the next hollywood? the streaming giant says it will make, get this, over 80 original movies next year which is -- >> in one year. >> -- more than the other studios combined is this the best use for the content spending that's coming up as the stock looks to close lower on the day. >> i have a lot to say on that we're going to save it. >>> let's start with breaking news fourth round of what we're calling the nafta negotiations but really the nafta renegotiations those are wrapping up. representatives from all three countries, the u.s., canada and mexico, are about to discuss any progress they have m

. >> i'm bill griffeth we start with the big breaking story. you've heard it by now, the largest mass shooting in u.s. history. a 64-year-old gunman firing at that music festival on the las vegas strip last night officials say that at least 58 people are dead. more than 500, incredibly, have been injured and we get right to cnbc's jane wells who has been in vegas all day. she joins us now with the very latest jane >> reporter: guys, we're starting to learn more about the gunman police believe he was a lone wolf who had no connection to any terror groups, but nbc news is reporting that stephen paddock's father was once on the fbi's most wanted list in the late '60s. a serial bank robber once diagnosed as a psychopath and while paddock was born in l.a., his father was first arrested here in las vegas. he had nicknames like big daddy and chrome dome. does that have anything to do with what happened with his son here last night as paddock opened fire from a 32rd floor hotel room onto a concert across the street mowing down dozens of people as you s

tgif i'm bill griffeth. s&p under a little bit of pressure today after six consecutive record closes which, by the way, was a 20-year record we'll see whether the market can make a comeback. in h this final hour he said optimistically >> it's been a hot first day of trading for the data center ipo called switch. that says the treasury suggests cutting down on disclosures for public companies switch shares up about 24% this afternoon. we'll look at whether that treasury move could help juice the market for ipos coming up. >>> meanwhile, the new "blade runner" sequel hits theaters this weekend we're going to look at whether this film can revitalize the struggling box office. lot of fingers crossed in hollywood here as they bring harrison ford back one more time. we'll see. good luck. hope it works. >>> let's begin today with a jobs report, though. eye-opening number hs this morning. our senior economics reports steve liesman joins us from austin with a breakdown of those numbers. steve? >> reporter: yeah, bill

>> is very funny >> i'm bill griffeth. return of single stock trading move over etfs, we have details on a new report that shows trading in individual companies could be making a comeback very interesting. >> here are individual names that are getting hit heaard tote movie theaters in the red after "blade runner's" disappointing response this weekend. look at amc down 7%, and regal down 4.5%. >> only did $31 million over the weekend, they were expecting double, more than that we'll talk about that. >>> and a massive unity rally being held in sfan this weekend. we're going to look at what this all means for the country's relationship with catalonia and its place in the european union. former head of the european central bank, jean-claude trichet, himself, will join us is a cnbc exclusive coming up looking forward to that very mump. >>> first, goldman sachs out with a new note saying tax enthusiasm will outweigh an earnings slowdown this quarter a feud between president trump and a key republican senator could put tax reform

. >> i'm in for bill griffeth. netflix will be the first of the bank stocks to report earnings this season. the numbers coming out in about an hour. what to expect from that report and look at whether the previ s previously announced netflix price hike could vaan impact. >> going to thaerhear a little about that over the next couple hours. he's going to join us, famed economist robert shiller, cnbc exclusive, to find out what he thinks about people using, yes, bitcoin to buy real estate that's a story we're going to cover and ask the professor about it. >> amongst other things as well. geeky valuation questions. >> no. >> yes i studied cfa for exactly this reason i con not rate. >> we're going to start with health care and a number of health cares from president trump today on drug companies. health care stocks taking a hit on those comments. eamon javers is live at the white house if more on that. >> reporter: here at the whouit house the president of the united states scheduling an impromptu surprise press confer

. >> that would make me bill griffeth the end of the month, which z stocks are the big winners and bigr the month of october. >> what a year it has been for the stock market today the cme looking to launch bitcoin futures before the end of the year. a wall street expert says it reninds hr reminds him of the financial crisis all over again. terry duffy will join us to discuss that on a first on cnbc interview coming up. >> kind of like christmas music, you can only play it that one time right? then tomorrow it's too late. >>> all right. let's get to washington where executives from facebook, twitter, and alphabet are testifying right now before the senate judiciary committee about social media's role in last year's presidential election kayla tausche has the latest on what's going on right there. kayla? >> reporter: bill, you've seen the ceos and chiefs of these companies pushing out prepared testimony on their various platforms but it's the general counsels who are here in washington fielding questions from the senate judiciary committee on crime and terrorism about exactly how much th

. >> i'm wilfred frost in for bill griffe griffeth sources telling cnbc a bit of a story, though, davidails coming your way. >> he'll join us in a couple moments. meanti meantime, an industry with talk of consolidation, the food space, hershey's ceo will join us in cnbc exclusive on its busiest day of the year, the day before

. >> i'm wilfred frost in for bill griffe griffeth sources telling cnbc a bit of a story, though, david faber has details coming your way. >> he'll join us in a couple moments. meanti meantime, an industry with talk of consolidation, the food space, hershey's ceo will join us in cnbc exclusive on its busiest day of the year, the day before halloween. >>> private equity on track for a record year fund-raising, we got the woman in charge of goldman sachs' clients, alison mass, her first tv interview ever. >> very much looking forward to that. >>> let's begin with the top market story with the equities pulling back on new details about congress' tax reform plan. ylan mui has the latest on what could be a delay in its implementation ylan >> kelly, republic b cans considering phasing in the reduction of the corporate rate according to "bloomberg news." under this plan the rate couldn't get to 20% until 2022 one word of caution here, the tax bill is still final yet. 20% corporate rate is one of president trump's red lines in this debate. white house press secretary sarah huckabee sanders appe