cme did not get any tax breaks.t was an apportionment, which is still seven and a half percent of our income is apportioned to the state of illinois. we are still the largest taxpayer in illinois today. >> are you committed to stay in illinois? >> it has nothing to do with governor quinn or governor elect around her. we are very happily headquartered in the city of chicago, but our business is global. a big art of our client base is in new york. 150 countries around the world. we have 150 people on the ground in europe, same in asia. >> have you spoken with the governor elect? >> i haven't. >> obviously your business is a huge part of what chicago's identity, for example? >> it's a huge part of it. >> you mean deep dish pizza. >> i have not spoken to the governor elect. he's a very market oriented type individual. he knows what the cme angst of the state of illinois and city of chicago. rings to the state of illinois and city of chicago. >> you say you have a global footprint. do you have any acquisitions in mind? >

cme group: how the world advances. we asked people a question how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to like, pull it a little further got me to 70 years old i'm going to have to rethink this thing it's hard to imagine how much we'll need for a retirement that could last 30 years or more. so maybe we need to approach things differently, if we want to be ready for a longer retirement. ♪ health can change in a minute. so cvs health is changing healthcare. making it more accessible and affordable, with over 900 locations for walk-in medical care. and more on the way. minuteclinic. another innovation from cvs health. because health is everything. . liz: can nothing go wrong for the u.s. markets? that is a ridiculous question. whoa than just as these markets jump, they also sometimes fall, but not today. dow jones industrials and the s&p hitting all-time highs today. they have pulled back from intra-day highs, but

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todd horowitz in the pits of cme. markets are flat not fair to say there wasn't any action because there truly was. >> first of all, good afternoon, liz and david. the action was very muted. there is big move to the on the horizon. i do believe it is to the downside. i have not switched my bearish position. the market is narrowing. we went through 100 points, 200 points, every single day. now we're lucky if we get 60, 70 point swing in a day. there is large move brewing here. we're up at mat mall level of 2040 for s&p. i think that will hold us in.

cme group: how the rld advances.s with your fox business brief on record-setting day on wall street, a 36 point sitting at 17,520 , the s&p 500 and two points at 2,025 also set a record today. the nasdaq pulling back fractionally and that is at $46.19. looking at the dow winners general electric, home depot, dupont and microsoft aaong the best performers. keeping a close eye on noodles and co. the casual restaurant chain operator coming out with better than expected sales, stock is up 15.5%. qualcomm is under pressure facing china issues and also antitrust investigation going on as well. both of these under pressure. u.s. europe, don't know what the more "varney and company" coming up. emnly swear that i willupport a dend me thconstitution of the united states ainsl enemies foreign and dosticic... ♪ ♪ dave: breaking news from the wall street journal on the heels of the interview with colonel ralph peters, get news from the wall street journal that barack obama last month wrote a letter, a secret letter he wrote to ir

cme group can help you navigate risks and capture opportunities.able you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. for tapping into a wealth of experience... for access to one of the top wealth management firms in the country... for a team of financial professionals who provide customized solutions... for all of your wealth management and retirement goals, discover how pnc wealth management can help you achieve. visit pnc.com/wealthsolutions to find out more. >>> gearing up for the black friday rush. we're going to have predictions on how many will be looking for early deals. plus quarterly results from best buy. >>> crash test results. this time for minivans. the findsings are troubling. >>> and the garden state gamble. the battle over sports betting in new jersey going to court. why the nba thinks this should be a slam dunk as the second hour of "squawk box" begins right now. >>> welcome back to "squawk box" right here on cnbc, first in business worldwide. i'm andrew ross sorkin along

we'll to back to the cme shortly. you talk about the shackles on the economy, cherylly smith, if those shackles are taken off, does the economy grow equal to the levels we've had grown in the markets? >> i think shackles have come off. i think we'll see third and fourth quarter growth somewhere north of 3%. we're starting to see bank lending revive. corporate cap-ex is slowly coming off the floor. so i think the, animal spirits are starting to revive in the u.s. economy. we're countering weakness we're seeing elsewhere. liz: okay, weakness elsewhere. lance, get your opinion on the new congress, the new senate and where you think there will be real opportunity for investors right now? >> well, that is going to be the thing. a couple things to kind of keep in focus is, yesterday mitch mcconnell and john boehner came out with an article in the "wall street journal" talking about what their objectives now as they enter into the new congress. part of that is budget reform and trying to repeal obamacare in some shape, form

bob iaccino from cme. i have to start with old. stocks are not doing much but gold is moving way to the upside. what is going on? >> gold started off with a bit of a short-covering rally and continued there. i'm not a believer short or medium term long ago especially with the long ollar. you can't bury the lead. that is huge gain, bob. why? >> versus last week's sslloff it's a pretty good gain i agree. gold can be extremely volatile. votes in switzerland had effect. technical trading, seems to be predicting some sort of a global event. i don't beeieve it. liz: talk about equities here joe, we didn't even get a dip. you're saying buy on the dips. guess what, we can't see a dip because we see record after record. even most minuscule of records. we watch s&p settle. some numbers are still coming -@through. but looks like yet another gain here? >> yeah, this week you can't be too hard on the markets. it has been incredibly strong past couple weeks. there was a nice dip just a few weeks ago. we had nearly 10% correction. it was pretty m

cme group can help you navigate risks and capture opportunities.able you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. for tapping into a wealth of experience... for access to one of the top wealth management firms in the country... for a team of financial professionals who provide customized solutions... for all of your wealth management and retirement goals, discover how pnc wealth management can help you achieve. visit pnc.com/wealthsolutions to find out more. >>> welcome back to "squawk box" this morning. it's time now for squawk booze news. i could be drunk doing this. new problems brewing for the craft beer industry. craft beer has become so popular, it's created a distribution backlog across the country with outdated franchise laws from the '70s hindering distribution or so says our next guest the ceo of the brewers association. good morning to you. >> good morning, and b rue. >> thank you for not coming with any beer this morning. >> my apologies. >> let's talk about this because yo

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cme group can help you navigate risks and capture opportunities.able you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. stuart: a surface of a two and a half mile wide comment. scientists say the information they are getting from this information could be used. the results are filing and. dan sullivan beat the incumbent democrat. sullivan when means they have picked up a additional senate. mary landrieu in louisiana. slamming into a police officer. rogers, minnesota. winter does not officially start until december 21. veterans day parade was going on outside on sixth avenue. the guy still an unspecified number of watches. the police showed down the street. here is the backdrop to the story. just one block. forty-seventh street. home to 47,100 companies. on that one block stretch of businesses, $24 billion worth of jewelry sales take place each year. president obama making a so-called deal for the chinese. voters are stupid. >> a tortured way to make sure. healthy people will pay in. it would

the cme group. the nymex. the dow is holding to the upside at the moment. we have red on the screen, either wayy fox business is the place to be for complete coverage of election day in america. and coming up, as i mentioned, the governors. these guys have to balance their budgets. there is no choice, and so they have and they do. we are joined exclusively by former governors mark parkinson of kansas, and i told you kansas is a crucial race. you will say yeah, liz told us, she told us. and robert ehrlich of maryland, republican, weighing in on the critical races that decide the balance of power in washington and the state houses. and just as the polls close hours frrm now, neil cavuto guides with you team fox business. the results impact on american business and your money at 8:00 p.m. eastern right here on fox business. do not miss it. leading up to that, folks, we're live every single second. the closing bell ringing in 49 minutes. you can guess which one of these billionaires is smiling today and which one is a little agitated? has everything to do with

cme group can help you navigate risks and capture opportunities.reach global markets and drive forward with broader possibilities. cme group: how the world advances. [annit's working forny. new york state. already 41 companies are investing almost $80 million dollars, and creating 1750 jobs. from long island to all across upstate new york, more businesses are coming to new york. they are paying no property taxes, no corporate taxes, and no sales taxes. and with over 300 locations, and 3.7 million square feet available, there's a place that is is right for your business. see if startup-ny can work for you. go to startup.ny.gov. liz: records abound. yes, david, record for s&p, we're at it or very close to the dow record? david: inching these records, inching these record up. hard to imagine a record with a 12-point gain on the dow. liz: we're four points away. four points away for the dow record. go to nicole on new york stock exchange. dow component hitting all-time high today, walmart. >> we've seen walmart h high. great news, the stock up 3/4 of 1

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cme group: how the world advances. have thought masterthree cheese lasagna would go with chocolate cake and ceviche? the same guy who thought that small caps and bond funds would go with a merging markets. it's a masterpiece. thanks. clearly you are type e. you made it phil. welcome home. now what's our strategy with the fondue? diversifying your portfolio? e*trade gives you the tools and resources to get it right. are you type e*? open port twenty-two-oh-one-seven on the firewall for customer db access. install version two-point-three of db connector and ensure verbose flag is set in case of problems. (clapping sound) isn't the cloud supposed to make business easier? get the one that can connect to the systems that you already have. today there's a new way to work. and it's made with ibm. many americans who have prescriptions fail to stay on them. that's why we created programs which encourage people to take their medications regularly. so join us as we raise a glass to everyone who remembered today. bottoms up, ameri

cme group: how the world advances. the elites both left. they often do, you know. we just got our answer. they think we are stupid. we have one of the creators of obamacare on tape staying it. you are stupid because you are dumb enough to vote for it. the belief think they are better than us. they are smarter. we should be grateful for their guidance. they created obama's gift to humanity. look at what we've got. and messed up health care system. they lied and we paid the price. the man who exposed the stupid tape and lou dobbs will have something to say about it, too. ♪ stuart: and architect of obamacare, a career academics who never worked in the private sectors said, you, the voter, are stupid. listen to this. >> the bill was written in a tortured way. basically, you know, if fault the stupidity of the american voter, whatever. it was critical in things to past. vern says, he should be imprisoned for defrauding americans. >> we are not as stupid as they think. they wanted to do that and did not care what we thought.

cme group: how the world advances.opean space agency making history this week. joining us now is space .tom managing editor. welcome to the program. how do they do this? >> and lots of planning. ten years in the making. they popped this loose and hoped for the best. stuart: how fast is the comment traveling? they landed it. >> it has three legs and two harpoons. it is supposed to be kept on the comment. the screws did not fight it like they were supposed to. it hopped, not once, but twice. finally after several hours, it settled in. it is still there. all the stuff that was supposed to keep it there did not go. there is no wind. there is also very little gravity. it could have just found stuff and spun off. stuart: they will drill down and take a sample? >> exactly. they are hoping that it is eating bits of it. it will cook it all and studied what kind of minerals are there. they are like time capsules for our solar system. everything that makes us what we are came from this did group of gas and dust. they are thought

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dan, we begin with him at the floor of the cme. you got to see real action, it was the s&p index which trades right there on the floor of the cme that sees another record. 500 stocks doing beautifully once again, was it china? european union comments. mario draghi comments, what is it? >> the chinese is the most important. on a 40-basis-point move is a real number, that has a positive income and one economy we've been pretty much worried about, there's always been, can we depend on data? what are they doing? this is going to help a lot, especially if it gets real estate going again. david: i look at it differently, people were buying into u.s. equities because they're worried about china, worried about the central banks in japan, what they're threatening to do in europe. the markets today were betting on u.s. equities because our central bank is pulling back. their central banks are putting in. that's how i see it. do you see it that way? >> i do. i think what you and i see, everyone is falling in the bernanke playbook, saw what u.

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. >> the cnbc trend tracker live data board is brought to you by the cme group. when change is in the air you see things in a whole new way. it's in this spirit that ing u.s. is becoming a new kind of company. ing u.s. is now voya. changing the way you think of retirement. and cialis for daily use helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any allergic reactions like rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop

mark sebastian down at the cme. mark, i would like to begin with you. the s&p over the past previous five sessions was in very narrow trading range, one point here, one point there, lots of records. today it broke out and saw more conviction. why do you think that is? >> i think that builder confidence number. that was pretty big. i think that bringing to whole story how s&p is going to rally from here. i think we need to change our interest rate story. the 10-year note is still around 2.3. it has not broken 2.5 in a long time. i don't think the fed will raise rates in 2015. let's think about the cover they have. the dollar has been really strong. energy prices are falling. incomes are not growing. so they have got all sorts of reasons not to raise rates of the so what does that do? that keeps interest rates low. what does that do? that causes builders to want to build. makes financing easier. you add in the new rules for fannie and freddie, 3% down and now we're talking about the ability for housing to really start to take off which could then be the l

cme group: how the world advances.ision and anattention to detail.g it takes knowledge, hard work and a plan. at baird, we approach your wealth management strategy that same way. as an employee owned firm we have the freedom and resources to create customized financial plans built to last, from generation to generation. we'll listen. we'll talk. we'll plan. baird. >>> apple is expected to host an investor call today ahead of what could be a blockbuster bond sale. josh lipton has more in euros possibly. >> another i bond could be on the way. "the wall street journal" reporting that apple is eyeing the bond markets again lining up a potential new deal. deutsche bank and goldman sachs are arranging a call for the firm with investors this afternoon in london and the deal possibly at least partly in euros could come as soon as tomorrow and this would be a first. apple has never issued debt in currencies other than the dollar before. apple just now confirming to me that the call will take place. remember, this call is for po

chris gersch from the cme. we begin with chris this monday. major records again, if you had to pick one driver, what is it? we had decent earnings. the markets are very forward-looking. >> the market is very foe ward looking. news out of alibaba is fantastic t says strong consumer. right here in chicago, the hit was on commodities. you add gold and oil way down. that is due to the stronger dollar. so the news here, we're about eight points higher on s&p futures. actually leading the equities into a high every close. to us, that looks like a good carry-through for tomorrow, especially if we continue to see movement we do in commodities. david: mark, let's start by talking about oil. you have two oil picks. chevron and conocophillips. they are great companies, no doubt. but the price of oil doesn't seem to is a bottom. if the price keeps going down on oil, won't that affect chevron and conocophillips? >> dave, no doubt. they will continue to face pressure if oil prices continue to plummet. we think right now oil prices are, they will find a foun

larry shover in the pits of cme. i have to start with oil and four-year low on oil and it ain't over yet, is it? >> i don't think it is over. it is on its niece. the -- knees. the supply overhang and opec is producing 500,000 barrels over the quota they stated. they will not do anything over thanksgiving is what the consensus says. with that demand is lumpy at best on products side when you include europe and emerging markets. brent at 70 and 65, why not, probably see that by end of the year if things continue as they are today. liz: as they are today. well, today, joe durant, we saw a big deal according to "wall street journal," according to those that missed it, baker hughes and halliburton may be linking up. could be halliburton is making a play for baker hughes's competitor in oil services industry. both stocks spiking just before the close. joe, what does this tell you? is the bull market still alive and kicking as we continue to see mergers and acquisitions? >> it definitely is and something like that really re

cme group can help you navigate risks and capture opportunities.e enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. you can bring back from a trip around the world. but you can't always bring back customer data. because many customers don't like it when their data moves around. can i go now? if you're going to do business globally, you need a cloud that can keep your data where it needs to be. today, there's a new way to work and it's made with ibm. >>> check out shares of u.p.s., moving to session lows after its cfo says he expects 2015 he werings to come in a bit below what wall street was expecting. the stock, lower on the news, down just about 1%. sue, back to you. >> thank you very much, mary. >>> stocks turned negative just a little bit ago. bob pisani and market analyst kenny polcari join me. kenny, it feels like more of that consolidation that we've been seeing in the market recently. is that the way you view it? >> absolutely. you know, we were talking about it. there's, aga

traders at the new york stock exchange, cme group and first of all happy thanksgiving in advance andight away give me a thanksgiving gift of sorts. what has been the real winner here and what are you thankful for as far as the market is concerned. >>> i'm thankful the market exists to tell you the truth. so we can keep this market open. those of us at the new york stock exchange talk to clients and the public a lot about the benefits of having a hybrid market, i'm thankful people can explore and see the benefits of that, and the opportunity once week to have a nice conversation with you. liz: it is your information and others, ben willis we hope will be joining us in one of these days, very grateful to the traders. we have to look at oil. at the cme, at the nymex people are split more so on the positive side lower oil prices are good thing and not an issue for actual broken economy. where do you stand? >> i have one of these gas hogging vehicles that cost a fortune to fill. i recently filled up this w that is major money in my pocket. enough to make a difference where i am a little m

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cme group: how the world advances. >>> quick news alert. kate kelly joins us on the phone. >> caller: activist in chicago made a broader push for a merger at intercontinental hotels group. stock up about 3% amid news a short time ago of a better from mercado eurging them to conside a merger. apparently they rebuffed the merger tripe eay earlier this y. the bottom line they say in a letter just released to other ihg shareholders the opportunities created by today's favorable market conditions may not be available in the future carl. interesting move from a hedge fund that's owned about 4% of the stock since march. . >>> simon hobbs has the latest on what we should be watching in europe. >> a relatively mixed market. a lot of oil and commodity stocks are downogen today. earnings news, very much in the focus in europe today. voter phone had a great session today. . henkel also came through with good earnings today. on the downside, i mention many of the commodity stocks are down. citi cut forecast for iron ore dramatically. lowe 50s. with that

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cme group: how the world advances. >>> whale watching. biggest activist investors. their holdings and whether or not they're hurting or helping companies. >>> an eye in the sky. the government using small planes to track cell phones and collect data. is it an invasion of privacy or homeland security? >>> plus candy is dandy but regulation is a killer. a look how edible marijuana is under serious scrutiny as the final hour of "squawk box" begins right now. ♪ >>> all right. welcome back to "squawk box," everybody. this is cnbc, first in business worldwide. i'm becky quick along with joe kernen and andrew ross sorkin. check this out and listen closely. an unusual weather phenomenon hitting northeastern ohio. thunder snow. wow. that's cool. >> you hear thunder occasionally. >> that's cool. this was the first snow of the season. a lake-effect snow advisory is in the area until 9:00 a.m. tomorrow. the rest of the nation dealing with serious cold temperatures as well. very early in the season. 20s and 30s in most of the country. take a look at t

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cme group can help you navigate risks and capture opportunities. to reach global markets and drive forward with broader possibilities. cme group: how the world advances. >> a battle at the box office as heroes six after hopefuls interstellar while the family film came on top, both films are projected to earn more than $50 million this weekend. here now kim, senior editor at in touch weekly. kim, thank you so much for joining us. this is a big deal. box office sales are down 4 percent. it's a big deal these movies were a blowout. how did big hero six, which it's not even based on a cartoon we've seen all the time, how did this get number one? >> yeah, i mean, great news you're right they're both over 50 million. this would be the fourth time that two movies opened to over 50 million. usually when that happens it's an animated movie and live action movie and the animated movie always does better like wally and monsters and world war z. you have the 3d factor with big hero six. that obviously brings in more money. plus, running time too. and the runni

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cme group can help you navigate risks and capture opportunities. you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. >>> welcome back, everybody. dow is down by about 28 points. s&p is off by 5 and the nasdaq off by 10. in earnings, dickinson beating the street on both the top and bottom lines. earnings at dish network, falling short of estimates of revenue. revenue was basically in line, but you see this morning, that stock is trading higher. time earnings and revenue topping estimates. that stock at this point is unchanged. >>> and 2014 marks cnbc's 25th anniversary earlier this year. we revealed our list of the 25 rebels, icons and leaders from cass lows to steve jobs. they had the most impact in the world of business over the past quarter century. now, though, we're turn to go our list of the highest 25 of the future. in his own words, here is jack ma. ♪ ♪ >> the internet is a great treasure island for people. and we need a path for them. they can invest in alibaba, definitely. we focus o

i'm just hoping will cme ba i sooner ratherhan ler so that we can help create th m not confident we're going to e it from the administration but i certainly greful that the military learships stepping up to the plate a saying ty're goingo pro eir troops which is both of us agre is th first fundamental obligation that they have. >> congrsman, thank you so much, always for being th us. appriate it. >> thank you, ou. >>>ecti day five days away and ny of the president's biggest suppters don't want to see him, d't want to hearfrom him. and a former ai predicts midterm disaor t midterm disaor t democrats. (reptionis nderman grp. gunderman grouis g growing. getting in a groove. gungrowth is gratyingowing. goal is to grow. gotta get greater growth i just talked to ups. they got expert advise, special discous,o ups. new technologies. like smart pick ups. they'll only ow upwhen you pril we save tmoney?money. time money. awesome. awesom awesome! awesome! awesawesome! (allawesom love logisti >>> president obama last night eang with wisconsin voters to get out the vote. we noticed the crowd leaving

cme group can help you navigate risks and capture opportunities.ou to reach global markets and drive forward with broader possibilities. cme group: how the world advances. melissa: we have been talking about obamacare. you are too stupid to understand what is going on. a major network deciding not to cover it. massive obamacare simply does not work. we are talking about the basic math. i asked for your input and the responses are flooding in. flooding in. i cannot believe it. you put the cat in with the pigeons, good job. i like that one. fantastic show. picking my jaw up off the floor. shocking despite my cynicism. on facebook, we used to watch csp and see all the time, but noticed a change after obama was elected. we felt we were not getting the true story. we changed to fox business. it is a tragedy that our news organizations have become cheerleaders for one certain political ideology. we are lucky to have fox news and you. keep up the good work. keep your comments coming. follow me on twitter. like me on facebook. the tiny town of west ministe

cme group can help you navigate risks and capture opportunities.able you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. because it helps me skip the bad stuff. i'm good. that's what i like to call, the meta effect. 4-in-1 multi-health metamucil now clinically proven to help you feel less hungry between meals. experience the meta effect with our new multi-health wellness line. i love my meta health bars. because when nutritious tastes this delicious, i don't miss the other stuff. new meta health bars help promote heart health. experience the meta effect with our new multi-health wellness line. ♪ you just have to win 70% of your points at net. and keep unforced errors under 10%. on the ibm cloud, the us open analyzes 41 million data points from 8 years of competition to uncover key insights. data can help show you how to win, no matter what business you're in. today there's a new way to work. and it's made with ibm. >>> we are just days from black friday but amazon is calling it deals week. wh

cme group: how the world advances. thank you.ering chinese food is a very predictable experience. i order b14. i get b14. no surprises. buying business internet, on the other hand, can be a roller coaster white knuckle thrill ride. you're promised one speed. but do you consistently get it? you do with comcast business. and often even more. it's reliable. just like kung pao fish. thank you, ping. reliably fast internet starts at $89.95 a month. comcast business. built for business. >>> countdown to the jobs report. we have the great expectations for october employment numbers and what it means for the markets. >> famed value investor ron baron on the bull run. >> the culture is what makes it last. it's the people that make these businesses last for a long time. >> this hour, the carlisle group's david rubenstein talks economy and spending time in china with mark zuckerberg. >>> taking space flight to the next frontier. no easy task, especially with the recent setbacks. now nasa's about to launch a spacecraft to take humans farther

cme group can helpouate riskand capture opportunies.le you to reach glob markets and drive forwd with broader possilies. cme group: how the world advances. melissa: just one day to go before the midterm elections. the momentum favors the republicans. there's still a lot of crucial races to watch. let's go to rich in washington, dc. >> republicans say they have the edge here, melissa. a poll says they narrowly control congress. though givee president obama's low approval rating critics argue that republicans should be polling much better. they should be picking up seven seats from democrats. an average of different polling shows dan sullivan over incumbent mark. colorrdo cory has built a lead over mark udall, the average of poll giving him a two and a half percentage lead. a fox news poll shows joni ernst is up slightly on democrat bruce braley a seat republicans hope to capture from democrats and a race republicans thought wouldn't be one. the independent greg orman has a slight lead over pat roberts. republicans +saeu orman would join

cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. (shouting) location. here's the location that matters the most. here. or here. or here. it's wherever this is. to get customers to come here and stay here, you're going to need an app that connects to all your systems. so they can bank, shop, do what they need to do, and you gotta do it fast. before the competition does. it's tough out here; you better be on the right cloud. today there's a new way to work. and it's made with ibm. >>> welcome back to "power lunch." shares of medivation with strong sales of prostate cancer drug. the company saying revenue should come in at the high end or just above prior guidance. the stock up by 6.5%. i guess you can call it elevation for medivation. >> i see what you did there. >>> as part of where the jobs are we look at how certain industries are filling the skilled labor gap. today we are looking at the tech industry. mary thomps

cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. >>> welcome back. with the dow down 16. dominic chu stands to round up the movers for us. >> we'll start with the homebuilders and that trade. all of them pretty much higher after dr horton with comments of more than a 20% increase in net sales orders in october. also, regeneron and sanofi. topper formers in the s&p 500, up by 3%. zynga higher after being upgraded to a buy rating from a hold citing the fast-growing mobile business and the popularity of words with friends. and then there's darden restaurants gaining ground after being upgraded of parent of olive garden citing the revamping of its menu offering and we'll end with groupon share advancing after a bullish shares outlook today and stock up by 5.5%. bill, kelly, on the day's trade. back over to you guys. >> thank you very much. >>> we're talking general electric right now. the company unveiled a new compensa

cme group: how the world advances. >>> welcome back. facebook reportedly developing an at-work network to post challenge most notely to linkedin and allows employees to communicate with colleagues and create and edit documents. >> shares down sharply today. down 4-plus percent and investors concerned about the newses. should they be? joining us more with their reaction, reporter who broke the story in the financial times, anna cushler and then lance ulanoff. we want to know if you think facebook is a direct threat to linkedin. do you agree? the selloff today, seems to be the case. go to cnbc.com/vote. hannah, good job on breaking this story. >> thank you. >> what did you find? describe it. called facebook at work. >> yep. it looks like it's coming in early part of next year. and it is both a way of linkedin replacement to network with other professionals outside of your company and then a kind of slack or chatter replacement internally and a place to create documents which could challenge microsoft and google. >> is th

dan stesich from the cme. dan, start with the election. what happens if republicans in tomorrow which is what is most expected? is the market going to take off? >> the expectation is they're going to win and market has been taking off in anticipation of that. any you might see a little ddsappointment with the whole election hangover getttng done with. you might see the market pull off on profit-taking. that is purely short-term play. i wouldn't pay too much attention. no matter who is in, the big question, are the senate and congress going to be able to cooperate with the president? if we see good signs on that, thhn the economy should be on a good role. economically we're sound. liz: i thought for a second dan3 would say are ccmpanies making money. the second big question. larry, looking at earnings, this quarter has not been that bad. you see a bunch of of companies3 that beat on earnings per share. i think eaanings per share growing at 10% rate. that was not necessarily expected. perhaps at some point the market wakes up and says things

cme group can help you navigate risks and capture opportunities.able you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. so i can reach ally bank 24/7, but there are24/7branches? it's just i'm a little reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great rates. gerri: before the break we asked if you agreed with the judge who ruled the parents of a 21-year-old new jersey woman must pay for her college tuition. we asked the question on gerriwillis.com and 38% said yes and 62% said no. log onto gerriwillis.com for online question every weekday. and that, as my friends say, is it for tonight. charles payne is coming up with his show next. have a great weekend ♪ ♪ charles: i'm charles payne, you are watching "making money." the house voted to approve the keystone pipeline. sending the bill to the senate for a showdown vote. this can be the first time the legislation lands on president oba

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