welcome back to the show i'm dominic chu in for brian sullivan here is how stocks are looking halfwaya.m. eastern time hour. equities are positive. the dow implied higher by 60 s&p up by 5. nasdaq up 9 points that's not a lot it could at least for now seemingly get us a little bit more positive momentum that we saw at the end of trading yesterday when we moved out of negative territory to close positive on the yield side, interest rates are focus ahead of the fed meeting next week. the benchmark 10-year treasury is 3.44% 2-year treasury is 3.83% that inversion is still in play right now. the 30-year treasury is below 3.5% if we hit oil prices, you will see modest moves higher. it has been a choppy trade now moving lower $88.35 for west texas inter intermediate 7 cents to the down side for ice brent crude. let's check on what is happening with cryptocurrency. you heard that ethereum merge. it was completed successfully. up 1%. $20,079 per bitcoin. ethereum is drifting down the last trade marginally lower on the session. if you take that in effect and check out what is happening overall

we go to brian sullivan. >> that's right. we are still bringing you the weekly insider buying segment. the biggest stock buys for the executives we have another big week let's get to it and count down five to one. the fifth most insider buy is an oil company comstock 9 $975,000 number four? another energy related stock that is api group. a board member buying $1.39 million of the company shares down 40%. buying on weakness third most insider buy a bigger name. starbucks. board chair and investor mellody hobson it is her first insider buy in nearly ten years hobson wasn't the only buyer another board member making a big buy at starbucks to the top two sarepta therapeutics $5.9 million if this sounds familiar, this is the second big insider buy in two months keep an eye on sarepta the biggest insider purchase of the week is a new name norton lifelock. the president of the company is trying to unlock value buying $10 million of the stock make he sees value shares down 23% in just six months on nlok buying on weakness there you g

, 2022 you are watching "worldwide exchange" here on cnbc good morning i'm dominic chu in for brian sullivan let's kick off the tuesday morning with stock futures solid gains in yesterday's session. stocks snapped a two-session losing street. now indicating a slightly lower open dow implied lower by 13 points we were higher a few hours ago s&p 500 down 4 points at opening bell nasdaq down 7 if you look at s&p 500, we were in the green at 3:00 a.m now in the 5:00 hour, we lost momentum at the flat line the benchmark 10-year treasury hit the highest level since 2011 yielding over 3.5% we are still creeping higher 3.524% near the highs of the overall trade of the last couple days for the benchmark 10-year treasury the rest of the yield curve in the spectrum moving to the up side ahead of the fed meeting. 2-year treasury is 3.976%. 30-year treasury is 3.54% at this stage to the oil market. crude prices indicating a slowdown in the economy as of late in this morning's session, up .50% for wti. $86.19 ice brent crude is 19.75%. up .75%. nat gas is up 1% in crypto, bitcoin and ethereum prices tradi

back to you. >>> brian sullivan, thank you.n thanks to brian for that apple's iphone hitting the shelves. the tech giant with the launch of pre-orders last week despite inflation issues and the strength of the american consumer and global consumer apple is holding the line on the price hikes for the devices. for more, let's bring in alex kantrowitz alex, we talked about these types of products as being evolutionary or revolutionary. it is still important for apple. it is part of the income stream. should people go out to buy the phone? >> i think we will see a lot of early adopters to buy the phone. there is enough carrots in the 14 to make people feel the need to get the iphone go out and get it the new camera looks nice and it is faster. i still think this is an evolutionary versus revolutionary device i like the way you put it. we will see the early surge. the question is what will happen after that >> it is interesting, alex we have been talking about the release for a while now ever since apple rolled it out during the pro

thank you, brian sullivan. wallet hub says that all the rate hikes from the fed from march until now is going to have credit card users paying $21 billion more in interest payments it is random but interesting. >>> stocks seeing whipsaw trading on the back of the t interest rate hikes. amy wu silverman has latest coming up. >>> and on hispanic heritage month, we are celebrating the coyotes president javier gutierrez. >> one thing i talked about is the opportunity to do for others especially with young latinos and latinas. in their career, they can make an impact and change they have that responsibility to do that to use their voice and use their platform it can happen in so many different ways you end up running a national hockey league team what i am able do is open doors for others and bring diverse voices to e atthse of decision making and really making an impact ever wonder what everyone's doing on their phones? they're investing with merrill. think miss allen is texting for backup? no she's totally in char

to help us digging through this is brian sullivan on the news line brian, good of you to join us herehink most likely is a day off for you tell us. i know it is hard to surprise you. m many were surprised with the opec cut were you surprised >> no. neither should our viewers good morning, hope to be on the show some day. we reported this a week and a half ago we had a conversation with the saudi energy minister. he did not directly tell me this we went on cnbc that day and the next day and on twitter and social and said it is my take based on my conversation that opec will cut production i didn't know by how much, but we announced it. reading about it as a prsurprise it is a reversal from the earlier jump they did they said they would dial back the quota. let's get to russia first. this is the breaking news. this is the risk we talked about in germany in mid-july gas would not resume to russia they did put nord stream back on at 20% now off for three days for quote maintenance. now off indefinitely until the western sanctions end. i don't think it is too strong of a term, courtney, to

you are watching "worldwide exchange" here on cnbc >>> good morning i'm frank holland in for brian sullivan let's check on the markets and your money stocks green across the board. the dow could open up more than 200 at the open. s&p and nasdaq 1% higher we want to check the bond market yields we are still seeing the inverted yield curve. the 2-year treasury above the 10-year treasury 4.264% also important to note the 5 5-year above the current mark at 4% and brent crude is above $85 a barrel we saw it dip yesterday briefly. a look at cryptocurrency bitcoin right now. just above $20,000 mo moving higher in the pre-market. both up 40% in the past month. >>> let's go worldwide with geoff cutmore with the trading action >> good morning, frank let's update you on where we are with a couple hours under our belt for europe equities we have a bounce back after what has been a volatile start to the week the dax and cac in germany and france are higher. in terms of sectors, it is auto, technology and travel stock among the biggest gainer ftse mib trading down .50% ftse 100 has been turning around fr

2022 you are watching "worldwide exchange" here on cnbc >>> good morning i'm dominic chu in for brian sullivan let's kick off with stocks looking to keep the win streak alive and build on two days of gains. it's not a lot it's a start futures are strong and right now just about near session highs. if you check out what is happening, the major averages, s&p is implied higher by 30 points dow jones industrial average higher by 325. nasdaq roughly higher by 18. solid in the green now for the three in three indices. in the bond market, yields have been trending higher if you look right now, you will see a little bit of stability here the 10-year treasury falling back to 3.28%. the 2-year treasury hovering at 3.48 the 30-year treasury at 3.45%. in energy, oil prices right now are moving a little bit to the up upside u.s. benchmark is up ice brent futures is 1.75 to the upside now $90.89 nat gas with 2% gains. we are trying to figure out if there are weekly losses in play. rbob gasoline. gasoline future on pace for four straight down weeks. in cryptocurrency. bitcoin and ether prices moving to the u

i'm frank holland in for brian sullivan we want to point out the drop in the futures t dow almost 2850 points lower that's how it looks. it will open up 1% lower for the s&p and the nasdaq, half a percent lower. we want to watch the bond market the ten-year topping 4%, first time in 14 years at 4.005% we're also seeing still that yield curve inversion with the 2-year note at above 4.25. we also want to hit oil especially as hurricane ian is hitting the gulf coast and cutting production we're seeing pretty much the same levels. wti at 86 a barrel brent crude at 76. what we saw all day long and yesterday morning. >> some of our top stories, our bertha coombs is back with those. good morning again. >> good morning, frank congress making progress in avoiding a government shutdown with the clock ticking down to the deadline the senate voting last night to advance a stopgap funding bill, this after senate majority leader chuck schumer removed a highly contested energy permit provision that was being demanded by senator joe manchin. the bill, which will extend current government funding leve

wednesday, september 21st, and you are right here watching cnbc good morning i'm dominic chu in for brian sullivan today left. 's kick off on wednesday morning with equity futures at a lower session after yesterday's trades right now futures are pointing to some modest gains the s&p up by roughly 5 the points, the dow jones by 36 and the dmacz by ten this is a wait-and-see market. 2-year and 5-year yields t highest since 2007, the long bond, the highest since 2014 each of those slightly lower, 3.94%. the ten-year at 3.5% and 30-year long bond, 3.5%. again, a little bit of movement, but everybody is waiting for the fed. on the energy side of things, oil prices are slightly higher in trading you can see 1.5 point gains here ice brent crude, up $1.50. $92.18, roughly the same percentage move higher, so we'll watch those energy markets ahead of the fed and in crypto, you're seeing the prices for bitcoin and ether bitcoin, by the way, still below that 20,000 mark, 18,879 at this point, down 3/4 of 1%. down for ether prices as well. >>> around the world, a mostly lower session in asia as you can see the

joining us is bloomberg brian sullivan. walk us through the next few hours. cuations will start in the area around tampa bay around 2:00 eastern time in new york. before it happens, the storm will hit western cuba and caused major flooding, landslides to damage the electric grid and send people running for their lives there as well. alix: what industries are in this path? brian: mainly it is citrus. the energy sector is probably dodging a bullet on this one because it is to the west of the gulf of mexico. alix: watching that carefully in the middle of hurricane season. brian sullivan, thank you very much. that wraps up for me and guy on television. coming up the former back -- the former head of the bank of ireland will be joining david westin. we have a lot of the cable show. guy: we have plenty to discuss. the pound under a little bit of pressure. not much. not near the lows. alix and i talking about all of this over the next hour. the cable at the top of the hour on dab digital radio. this is bloomberg. ♪ announcer: from the world of politics to the world o

i am brian sullivan in once again for kelly evans. and closinging out a strong week. can the fed get inflation under control without crushing the housing market >>> plus, california in crisis the state is facing energy shortages and is now flip-flopping on nuclear we're going to dig into where the golden state went wrong. >>> and then we're going to get three buys and a bail. focused on each kind of economic recovery we migh

it there. >> we remember that call from earlier in the year, brian thanks for the setup, our brian sullivan let's bring in tom kloza to discuss. tom, how much of the oil leak reasoning do we believe? >> well, i would agree with brian, but not use the term "war." i think it's reminded us that this is an energy crisis and it's going to be measured in years or certainly many calendar quarters the nuisance of putin being able to press these buttons, you know, is a big, big thing to watch. i never thought i'd wake up every morning and look at what the price of natural gas was in holland or the price of bean oil is in the united states, but that's the reality that we deal with now and i think people have to realize that if the stock market were trading with the swings we see in natural gas, we'd be looking at swings of 2 and 3 and $4,000 a day so these are absolutely disruptive markets they could go back above the equivalent of $500 a barrel very, very quickly most of the nord stream news came after the futures market or the title transfer facility, you know, that trading closed down >> right the

i am brian sullivan in once again for kelly evans. stocks are higher today and closinging out a strong week. can the fed get inflation under control without crushing the housing market >>> plus, california in crisis the state is facing energy shortages and is now flip-flopping on nuclear we're going to dig into where the golden state went wrong. >>> and then we're going to get three buys and a bail. focused on each kind of economic recovery we might see, l shaped, v shaped or u shaped feel like i'm doing the ohio state song whatever it is, there's an opportunity there. we are going to get to that. we begin with today's markets. guess what i'm going to do i'm going to toss to myself. let's go down to the market desk here's brian sullivan. the dow, the s&p and the nasdaq are higher right now nasdaq the best performer on a percentage basis did i do that okay, dom? >> that's a good thing. >> i feel like dom chu today i'm only -- i'm a 50% dom. i love you all right. nasdaq up 1.9% right there we are seeing dow, s&p and nasdaq all higher. b

. >>> good morning i'm frank holland in for brian sullivan let's kickoff the hour with the check on the markets and money stock futures a bit muted. we are not seeing too much action in the futures. despite the selloff last week. you are seeing all three indexes flat at this time of day that can change as the morning continues. stocks coming off another tough week of trading with all three indexes facing steep losses. the bond market very much in focus with recent dramatic moves among treasuries the 10-year treasury right now sit sitting at 3.77. something to watch big moves in the oil market as well wti right now below $80 a barrel that is something we have to watch. wti well above the high of the year we want to check in on crypto. we are keeping out eye on it bitcoin below 20,000 right now at $19,286 keep an eye on ethereum and xrp. up 40% for the month >>> time to get worldwide with julianna tatelbaum standing by with the latest moves overseas julianna >> frank, good morning let's kick off with the action in asia. it was red across the board in asian session following the st. louis

. >>> good morning i'm frank holland in for brian sullivan let's kickoff the check of the markets and money. stock futures in the green across the board dow could open at 200 higher the s&p and nasdaq higher as well stocks after a selloff on thursday with the s&p hitting a new low. all three indices falling 1% to 3% apple shedding 5% of reports after decline of products. specifically the iphone 14 and the downgrade by bank of america. look at mega cap tech stocks here you are seeing meta as we mentioned with hiring cuts down 1.5% microsoft in the green amazon up. also, check on the bond market yields are falling a bit weaker dollar is helping the 10-year treasury at 3.71 still the inversion. the oil market oil prices getting a boost as we hear more reports of a possible production cut by opec plus. wti up 1.5%. brent crude up 1%. natural gas with a boost as well >>> looking at the big money mover. nike shares hammered in trading on the back of earnings right now, earnings and revenue down 9%. more of a selloff after that nike warning of overinventory. 44% surge of inventory due to sup

i'm wilfred frost in for brian sullivan this morning. it is 5:30 a.m.ll street here is how futures are looking. pretty bad 0.8% for the s&p 0.6% for the dow or 140 poibts it comes, of course, off declines four days in a row sharp declines for the month of august 4% for each of the averages. tech is the worst in august. energy the best. big news for disney this morning. let's get that story silvana henao is back with the story for us silvana. >> wilf, disney is exploring a membership program to offer discounts and perks and bundles for the theme parks and retail stores the program would be somewhat similar to amazon prime which offers free shipping a discounts and whole foods for one monthly fee. some are prreferring to it as disney prime it is not the name of the program. it is still going through details of pricing and timeline. i know a lot of disney fans will be very excited about it >> you know, quite a few that attend parks that might not be as interested. when amazon introduced delivery of packages plus video product, did we think that would be a

i'm dominic chu in for brian sullivan let's kick off the hour with the futures. dow implied higher by 206. s&p by 29. nasdaq higher by 105 this is right near session highs for the futures market this is after stocks snapped a three-week losing streak last week with all three major averages ending in positive territory. in the bond market, we are checking on yields they are moving, but slightly to the down side. 10-year treasury a hair below 3.3% the 2-year treasury 3.54%. keep an eye on that dynamic. 30-year long bond above 3.44%. watching everything now with oil prices and given the moves to the down side as of late we are bucking the trend more this morning fractional gains 69 cents higher for wti. ice brent crude is $93.71. nat gas up 1.5%. >>> in cryptocurrency, bitcoin and ethereum with support to the upside bitcoin prices up 3% 22,256 losses for ethereum. 1 1,756. ethereum prices out performing the crypto market ahead of the merge of the technical side. watch for cryptocurrency as well >>> around the world, europe is getting the trading day going on they ha

now it is time for something random but interesting we go out to brian sullivan with rbi. >> thanks,ack for you as much as we can. random but interesting thing you may hear all day cnbc style. today? let's talk about the biggest topic in the economy inflation. there is actually potential good news that we will hear later on this morning the biggest market moving event is the consumer price index known as the cpi that report is going to be widely watched and may impact the federal reserve decision of how to raise interest rates. there is good news with inflation. price of gasoline has fallen in the last couple months energy costs are a big part of the inflation data because of that drop, what you pay at the pump and it is possible it could see a negative cpi print later today. yes, negative. if we do, of course, it doesn't mean we have negative inflation. that is not how it works it means the overall headline inflation declined month over month. that would be welcome. inflation is still at a 40-year high before you go out and spend gas savings, here is the other side of the story the

i'm frank holland in for brian sullivan it is 5:30 a.m. on the east coast.ck futures are looking. red across the board dow could open up 200 points lower at the open. the s&p and nasdaq around 1% lower at this time let's get to the top stories bertha coombs is back with those. >> good morning, frank so amazon is raising pay for hourly workers again as the company prepares for the holiday shopping season and a second prime day event next month in october. amazon will increase average starting pay for frontline warehouse workers up to $19 an hour many earn between $16 and $26 depending the their location amazon raised pay a year ago to $18 an average an hour amazon is spending $1 billion on the pay hikes over the next year. >>> several major advertisers including mazda, forbes or pbs kids have removed ads from twitter. that's because they appeared alongside tweets soliciting child porn the company has zero tolerance for sexual exploitation and twitter is working with advertising clients to investigate and take action to prevent this from happening again. >>> w

i'm see ma mody in for brian sullivan we did lower in yesterday's trade. right now we're indicated higher with the dow up by 61 points, nasdaq by 41 points, this after another down day for stocks yesterday that saw the nasdaq end lower for a seventh session in a row, its longest losing streak since november 2016 it's now more than 28% below its recent all-time high >>> let's take a look at what's happening in the bond market yields continued their climb higher, their highest level since mid-june, yielding about 3.31%. >>> in the oil market, it's been a volatile couple of days for crude oil falling once again brent crude at $93 and change, up slightly at this hour, natural gas down about 1.3%. >>> in crypto land we're seeing bitcoin and ether at this hour let's get a check. bitcoin bracing for another downturn, below 19,000, trading at 18807, ether, 1523, down 3% at this hour. >>> that's a look at markets, but let' let's go around the wo. some weaker than expected trade data out of china. stocks were down about 1.4%. things are just getting started in europ

i'm wilfred frost in for brian sullivan this morning. let's get you up to speed with the markets at this hour stock futures are now positively pointing to a positive open. s&p futures up 0.1%. similar for the dow and the nasdaq this morning as you can see. 20 points on the dow what a wild session it was yesterday. the nasdaq was down a full 2%. it ended up only down 0.2% we had gains for the s&p and dow. we remain down 2% for the dow and more than 2% for the s&p and 3% for the nasdaq. a positive afternoon session yesterday allowed a rebound from what was looking worse week to date than it did at the close. let's have a look at yields. 10-year treasury touched nearly 3.3% and pulled back to 3.25% at the close. yields will be awaiting the data on jobs this morning let's look at crude which has had a negative week. negative session yesterday down 3%. week to date down 7%. bouncing 2.8%. $89 per barrel let's have a look at crypto which suffered in light of the stronger dollar for a lot of the recent trade yesterday, we did see the dollar up

. >>> good morning i'm seema mody in for brian sullivan at this hour. let's kick it off with the trading day and how it is shaping up the futures are trading slightly higher dow up 6 nasdaq up by 4 stocks putting the stop to the selling streak dow gaining 1% nasdaq jumping 2%. let's look at the bond market. the 10-year treasury yesterday was at 3.3%. we're below that at 3.25% at this hour. let's turn to the oil market we see volatility there. crude prices falling to the lowest level since russia invaded ukraine. let's look at wti crude. we are higher. $82.11 brent crude at88.16. bitcoin and eit ethereum are hir bitcoin up by 1% above $19,000 >>> around the world we go in asia ja japan's nikkei surging 2%. taking a look at early trading in europe ahead of the ecb meeting. ftse 100 up .50% france is higher by .75% sticking with europe, a rate decision on deck from the european central bank. arabile gumede is here with the big decision ahead >> reporter: we have a big decision ahead the ecb is going to set the tone on what exactly needs to be done we saw c

i'm dominic chu in for brian sullivan on this wednesday morning.'s kick off this half hour with u.s. stock futures pointing toward modest gains at the opening bell try to figure out what's going on with the dow jones implied higher by 70 points, the s&p higher by 25, and the nasdaq implied higher by roughly 90 points the investors are trying to pick up the pieces after yesterday's historic selloff the dow seeing its seventh largest sing le single day point loss in history. all of this on the heels of the inflation report, all but one that guarantees the fed will raise the rate at 75 basis points at next week's meeting. and growing speculation of the possibility of a full 1% or 100-basis-point hike check out the odds right now, the latest ones courtesy of the cme group. it's roughly a 68% chance we'll see a target rate of 3 to 3 1/4 chance so the next fed rate move very much driven by that cpi print. now, yesterday investors were still pricing in a 12% chance of a 50 basis-point or half a percent hike but while investors appear to be worried about r

. >>> let's get to brian sullivan. he's everywhere, man cnbc news update. >> you toss to me, i toss to you, tyler here's what's happening right now. hurricane ian near georgetown, south carolina, just south of myrtle beach the storm is still powerful, 85-mile-an-hour winds. myrtle beach already dealing with 4 foot of storm surge tropical storm winds extending more than 270 miles out from the eye of ian president biden urging people in south carolina to heed all warnings from state and local officials. about two-thirds of american adults do not plan on getting a covid booster shot soon. according to new poll. around 12% say they definitely won't get the shot no matter what >>> and nevada governor has demanded and received the resignation of the state's prison chief this after a convicted bomb maker's escape was not reported for four days. the inmate was recaptured on wednesday earlier this mop medical staff and prisoner complained about hostile behavior from the prison director, who is now out. >> thank you very much, b

. >> phillip, thanks >>> let's get to our friend brian sullivan for the news update >> thank you veryuch here's what is happening at this hour migrant who is were flown from florida to martha's vineyard are being moved to cape cod where they have temporary housing at a military base. the move is voluntary. >>> u.s. diplomats are not planning to have any meetings where the russian counterparts next week. linda thomas-greenfield blamed russia's war with ukrainian. >> we will have meetings with the ukrainians there are no plans at this time to have meetings with the russians they have not indicated that they have an interest in -- in diplomacy, what they're interested in is continuing to raise this unprovoked war on ukraine. >> and, please, don't do this. in evansville, indiana, a driver ignored barricades and drove on a row any way. he fell in a sinkhole and landed in a local gas main. the driver was okay. drove the wrong way through a b barricade into a sinkhole. >> he thought it was a guideline rather than a rule. >> thank you, my friend. >>> ahead on "power lunch" a lot can change in

brian sullivan will be joined by a panel of experts to find out how the federal reserve and interestacting your money in a significant way. i think there's a reason for that strength. general motors is my final trade. >> all right britain targetington >> i think china will reopen so i buy wynn, but sell the january 7750 calls you can collect around $5 for four months, about 7.5% yield, plus about 15% up side if it were to move there. >> i like it. >> i like it, too. low double-digit earnings growth, solid balance sheet. i like this company. i think it's an opportunity. >> joe terranova >> dom, i froze before, but on consumer discretionary, it's a strong quarter, keep in mind tesla is driving that. final trade, consumer staple, hershey. everyone loves chocolate >> all right thanks very much for the final trades let's do it for the "halftime report." the dow is down 211 points, bad, but not as bad as it was we were down 300 in the past hour we'll kick it off with "the exchange" with brian sullivan. we'll see you tomorrow. >> the markets are well in focus. here's what's ahead, stocks mo

gazprom pipeline news having an effect on the markets broadly and brian sullivan has his finger on gazprom when you are on the verge of an all-out energy price war. this is what you will get, the market's on edge gazprom which shut town the nord stream pipeline for three days for, quote, maintenance now saying that the pipeline is going to be shut down indefinitely there are a few other smaller pipes that are cut back on, as well germany is ahead of schedule for the storage for the winter and remember, their storage levels continued with continued pipeline flows and norway is helping out and this is a big blow russia responding and the news happening a couple of hours ago and the united states exploring a price gap on russian oil and energy prices are too high this will be the tool in the tool box to help fight energy price spikes given the war others disagree. i want to remind our audience that back in july, j.p. morgan chase came out with an analyst note and suggested that if there was a price cap and russia responds by taking barrels off the market that they had another $380 a barrel is

i am brian sullivan, kim is off again tonight.oin topping achy level, we will tackle this back above 20,000 on chancery, plus let's make a deal. sky bridge capital, they are teaming up. anthony is with us tonight, then to the merge, the

. >>> let's get to brian sullivan with the latest on a volatile energy market. really where we've been lately, brian, tell us the latest. >> a couple things going on. i'll get to oil in a second. first off eu ministers meeting today talking about solutions to the growing energy crisis. nothing decided, but there are proposals on the table including a price cap on oil, what that price may be, how it will be implemented, taxes on kpexcess profits from energy companies in europe on the table. the belgian prime minister yesterday in an interview saying social unrest could happen and the continent could shut down if they don't figure this out the price of oil is up today because there are some reports, and this is from interfax, that kazakhstan's energy minister has said their largest oil field will go off line for, get this, maintenance. does that sound familiar, sara, for about a month coming up in october, again just one report on that, kazakhstan, not hunl, but not small, a million barrels plus per day if that goes offline that will tighten the market as well seei

i am brian sullivan in for kelly once again here is what's coming up fed chair jay powell promising tos done. meantime treasury secretary janet yellen is in michigan promoting the economic agenda. so are monetary and fiscal policies pulling in two very different directions electric cars, yellen is at a ford facility. today gm is pushing its lower priced electric equinox. with the electricity grid in shambles is the country ready r

i am brian sullivan in for kelly for a bit. apple's big event is set to kick off right now in cupertino, california tim cook is expected to unveil the iphone 14, and maybe some surprises. the markets are a bit higher today. nasdaq on pace to snap the longest losing streak in six years. our next guest says do not jump into tech yet. >>> and share of academy sports are jumping today. the company's ceo will join us to talk the retail environment, the consumer, and everything else that's ahead let's begin with dom any chu there's a bit of green over there. >> just a bit. we're going to try to snap that multiday losing streak, the other we have seen in quite some time by the way, we're stilt tilting towards the highest levels of the day. the s&p 500 3949 the the last trade and 11,679 at the highs of the session we were up 44 points, at the lows we were down just two, so generally speaking, a positive market not so when it comes to oil and gas. check out the energy sector. wti crude, october futures, $82.50, down 5%, similar kind of

as bad as it was we were down 300 in the past hour we'll kick it off with "the exchange" with brian sullivan. we'll see you tomorrow. >> the markets are well in focus. here's what's ahead, stocks mostly sinking again, as we kick off historically what is the worst week of the year for the equity market. is there any side of a bounce anytime seen what do you buy against this backdrop three games their well positioned. >>> plus the ceo of america's biggest energy-exporting port, joining us live on set with his vi views all this week we're going in depth on the state of debt in america. today it is you, the consumer credit card balances hitting all-time highs credit card rates at the highest level in 20 years. what does it mean for you and the macro economy? we're going to break it all down we've got to start off, where it all ended last week. that's bob pisani at the new york stock exchange. we had this horrible week last year there was some thought we would go ahead a rebound we know it's rosh hashanah, so the volume is probably thinner >> the volume is instead thinner than usual we did try to

at one point it was down more than 400 as brian sullivan pointed out, it with a sqquadruple witching days it may be an interesting close >> "closing bell" starts right now. >>> stocks are falling after fedex's red flag delivered a blow to investor sentiment but we are at the lows most important hour of trading starts now welcome to "closing bell," i'm sara eisen look at where we stand right now in the market. we are lower across the board. at the lows of the day, the dow was down 411 points. down 189 now the s&p 500 down a percent adding to a rough week so for the week overall, we're down about 5% on the s&p 500 about 5.8% for the nasdaq. there's the nasdaq it's the biggest loser of the day, down 1.25% and small caps giving back 2% the only sector positive right now, defensive group, consumer staples, a hideout during times of concern about recession check out transports coming up on today's show, jason furman on the growing recession fears. and is the u.s. the best house in a bad neighborhood or should you look for upside abroad we'll ask two experts. >>> fedex shocking wall street

. >>> don't miss a cnbc special report, the fed factor hosted by brian sullivan that's coming up tonightt 6:00 p.m. eastern time >>> after the break we're going to talk about how the ultra strong dollar is impacting big tech companies and what that might mean for earning season. mpg d why casino stocks are juinanmicron is falling when we take you inside the market zone. ♪♪ ♪♪ ♪♪ be ready for any market with a liquid etf. get in and out with dia. power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools, and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities. while an earnings tool helps you plan your trades and stay on top of the market. >> announcer: the market zone is sponsored by e-trade open an account to get up to $600 or more >>> we are now in the "closing bell" market zone. we're breaking down the crucial moments of the trading day contessa brewer i

i am brian sullivan in for kelly once again here is what is ahead. fed fallout.g rate hike it's going to hit every aspect of the economy from debt to housing and maybe the stock market tech stocks exposed when rates rise and it shows the nasdaq now down 10 percent in just a month. big names all getting hit, but is now the time to buy >> and fedex shocked the world with its dire revenue warning. now the company reports for real will it change the narrative

. >>> welcome, everybody i am brian sullivan. here is what is ahead on "the exchange."rly gains. and how is this for a stat there have now been six months already this year for the s&p has fallen more than 3%. one more month like that, the next three, and it will be just like 1937. so what are you to do? one of my guests says, you get into the markets because dips driven by the fed are usually worth buying he'll tell us why and what he is buying now plus, the bs are as

at a new 52-week high every day >> that's going to do it for halftime now to the exchange with brian sullivan>> we call it the get some sle exchange some way bargains now abound we're going to talk to the pros about what they're doing now while yesterday's sell-off saw widespread losses, we're going to go glass half full, finding some bright spots, including cheniere energy. the ceo is coming on live. the big bank rising rates. they're good for banks inflation, not so much why one analyst says the smaller lenders are the place to be

let's go to brian sullivan is there a show you haven't done today?pdate >> and i'll be doing "crypto night in america" tonight. calling donald trump's racketeering allegations against hillary clinton, a florida is dismissing a 200-page lawsuit. what the suit lacks in substance seems to substitute with length, hyperbole and the settling of scores and grievances. president biden is in ohio where he is participating for the ground breaking of a new intel semiconductor plant and it aims on reducing the relying a on semiconductors from other nation >>>, vice president harris spoke with astronauts on the intern international space station, and she expects to meet with them this afternoon there is your news update. >> we'll be watching you tonight at 6:00. >> ahead on "power lunch," the big oil bet and a top energy analyst will make a tough call between chevron and exxon plus the car market divide. >> middle america is struggling to afford used vehicles because of the record prices because upper income consumers are buying up the luxury rides we're back in

. >> it's brian sullivan grateful for what you do thanks for helping out the military storms are nothing new we want to talk about climate these days and i don't want to get down that path but you can go to galveston, texas, some of the worst storms in florida history in the 1920s and 1930s yet the population continues to grow i was in sarasota, $10 million homes on the water i mean, it's so vexing for so many people, why we're talking about one thing over here, and yet, either populations are completely ignoring it, don't believe it or don't care over there. how do we resolve this do we keep blowing houses down every 15 years, you pay for them and then they build them back up >> well, look, here's what i would tell you we have to have good rules around building and financial market has done good work in the last few years to help with the boundaries and fortified home standards and elevations in the tough areas. we have to work on that as one of the options and then i think for folks who want to build expensive homes on the coast there is going to be a price to be paid and insurers have

i am brian sullivan.n this busy friday freight pain fedex shocking the street with a big-time warning that stock headed for its worst day ever how big of a sign is this for the economy or is this really just a fedex problem we'll talk about it. and as we try to decipher the economy, what is the action in energy telling us? gold hitting a two and a half year low isn't it supposed to be an inflation hedge?

brian sullivan joins us on the phone from dallas where that kind of move is noticed. brian >> reporter: i'm here in dallas. in fact, i have a bunch of oil executives here. here is the reality. tom lee told me two seconds ago it's a no bid market you're going to have to start buying some of the names here. throw out the xop, mike, oil stocks are trading as if oil was at $60 or $55 not $78. the disconnect, and i'm talking your market, the stock market, mike, the disconnect between the commodity and the stock is widening today here is the thing, nobody understands the drop in price. oil demand has fallen nine times in 60 years it just does not fall off. i expect opec to try to defend the $90 mark the saudis implied they will do that today to your point, great stuff all day, it's just sell everything, get out of the way, flush it maybe we hopefully pull it forward a week >> oil is priced in dollars. the value has been racing higher and that's a big part of that story. a good reminder on what seems to be priced in to that sector. appreciate it, brian we'll talk to you agai

i am brian sullivan in for kelly once again here is what's coming up fed chair jay powell promising to fight inflation until the job is done. meantime treasury secretary janet yellen is in michigan promoting the economic agenda. so are monetary and fiscal policies pulling in two very different directions electric cars, yellen is at a ford facility. today gm is pushing its lower priced electric equinox. with the electricity grid in shambles is the country ready for an electric revolution and the big earnings reports on deck that is all ahead. but we begin this hour and a much more somber note. a story that the entire world is watching, the health of queen elizabeth and what may be her final days shepard smith is here now with the very latest. >> brian, thanks very much we got word about 7:00 eastern time this morning doctors were concerned about the queen's health they told us members of the family were beginning to arrive in balmoral castle where she spends most of her summers the queen is not hospitalized it but buckingham palace released this statement, following further evaluation t

such a pleasure to do this with you, brian sullivan. >> my pleasure. >> yeah, it is. >>> "closing bell" begins right now. >>> stocks clawing back from early losses but stalling near the flat line as a key week of trading gets under way the most important hour of trading starts now welcome, everyone, to "closing bell." i'm sara eisen take a look at where we stand in the market we've just gone positive on the dow and s&p 500. nasdaq was a little farther along there, up 0.10%. looking to reverse a little of last week's losses remember, we were down 5% on the s&p. what's working right now it's materials, industrials, consumer technology is also doing well, as you can see by the nasdaq health care, real estate, energy, that's what's underperforming. the chart of the day is the ten-year treasury. this is going to be very much in focus ahead of the fed hitting its highest level earlier since 2011, touching about 3.5% as we await wednesday's fed decision coming up on the show today, morgan stanley's chief economic strategist mike wilson will join us and talk about why he thinks wall street's e

i am brian sullivan.vels since late june 2020 maybe the u.s. looking more attractive compared to the market chaos in europe the bank of england making some surprising moves to try to rescue its bond market europe's energy crisis may be about to get even worse, as someone apparently blew up parts of russia's big nordstream pipeline the eu saying they were caused by, quote, sabotage. the question

i am brian sullivan. stocks bouncing back after falling to the lowest levels since late june 2020 maybe the u.s. looking more attractive compared to the market chaos in europe the bank of england making some surprising moves to try to rescue its bond market europe's energy crisis may be about to get even worse, as someone apparently blew up parts of russia's big nordstream pipeline the eu saying they were caused by, quote, sabotage. the question is, by whom >>> and we are thinking of all of our friends and viewers and family down in florida as ian makes landfall we'll speak with the ceo of generac about his company's efforts to keep the lights on in some of the hardest-hit areas. a very scary storm right now, we'll begin with your wednesday markets. looking a little bit better today than they have been for the last couple of days. that's for sure. the bear bouncing back the dow up 444 points. you get yields, something we've talked about in the halftime ten-year yields coming dramatically down. a flip, as

i am brian sullivan. here is what is ahead. it's fed decision. an hour from now, we'll decide if the fed goes three-fourths or maybe a full percentage point higher we'll have every angle covered ahead of that decision what means for the economy, for housing, for stocks, for your money. >>> also, vladimir putin's latest threats as president biden speaks at the united nations. a look at the impact that is having on the markets today. let us begin with dom chu and your markets an hour away. i know literally you didn't sleep last night >> i got like three hours in too much excitement about the fed day today, but if you look at the markets overall, this is very much like that wait and see, right we're seeing some fractional gains in the market. generally speaking, though, positive the dow industrials up about 100 points, 30,811 3075 is the last trade for the 9/11 similar percentage move for the nasdaq composite, up 50 points, 11,475 one place that's been a big place for investors, the bullish move we've seen for areas of the defense sector that's spen

. >>> hello, everybody i'm brian sullivan in for kelly evans for a while. leave and here's what's on deck today. could europe's energy crisis fuel a financial crisis or banking crisis it could and we're going to tell you why and who might be the most exposed and why it might be good news for american companies. zbl plus, just 24 hours away from apple's big event. a look at what to expect and how to position your trade and from out o

i am brian sullivan. here's what's ahead on this busy friday freight pain fedex shocking the street with a big-time warning that stock headed for its worst day ever how big of a sign is this for the economy or is this really just a fedex problem we'll talk about it. and as we try to decipher the economy, what is the action in energy telling us? gold hitting a two and a half year low isn't it supposed to be an inflation hedge? we'll try to get advice on all of this. three buys and a bail, survivability edition. we have our reporters all over the market only 4% of the s&p 500 is higher since monday 13 companies have lost investors more than 10% of their money oh, by the way, it's also a major monthly options expiration day, which could jack up the moves into the close let's get to all of it dom chu on today's action, frank collin on more of fedex's red flags, and rick santelli on rates. crazy stuff continues. let's kick it off with the market data bank >> quadruple witching, which could add to the volatilit

. >>> hello, everybody i'm brian sullivan in for kelly evans for a while. she is on maternity leave and here's what's on deck today. could europe's energy crisis fuel a financial crisis or banking crisis it could and we're going to tell you why and who might be the most exposed and why it might be good news for american companies. zbl plus, just 24 hours away from apple's big event. a look at what to expect and how to position your trade and from out of stock to overstock. we first spoke with the ceo during the pandemic when they could barely keep up with demand fast forward two years, it's dropping off a cliff we'll check back in with him as he is managing the changes we begin with today's markets and bob pisani at the new york stock exchange what i've seen from your notes is we're kind of in the middle of a nearly historic losing streak for the nasdaq. >> it's a tough situation. hoped we had more energy coming back, more interest. it's just not there. let's take a look at the major indexes. the s&p 500, six of seven sessions time-out downside nasdaq lower