and to manage this risk, the world turns to cme group.ock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. i am an independent financial advisor. when i meet a new client, i start by asking questions like: did you understand all the fees you were paying? was your broker a fiduciary? were you satisfied with the attention you were getting? then i explain that being independent gives our firm the freedom to give our clients the attention they deserve. we can put a plan together that makes sense for them. independence lets us do that. charles schwab is proud to support more independent financial advisors and their clients than anyone else. visit findyourindependentadvisor.com >> keep your eye on the worst performers of the s&p p pg&e is down followed by net app and under armour we'll get stop trading with jim after a break. i am a family man. i am a techie

cme group - how the world advances.of hands. let's get started. who wants customizable options chains? ones that make it fast and easy to analyze and take action? how about some of the lowest options fees? are you raising your hand? good then it's time for power e*trade the platform, price and service that gives you the edge you need. alright one quick game of rock, paper, scissors. 1, 2, 3, go. e*trade. the original place to invest online. starts with a december to remember at the lexus december to remember sales event. lease the 2019 nx 300 for $329 a month for 36 months. experience amazing at your lexus dealer. ♪ >>> welcome back you're watching "squawk box" live from the nasdaq market site in times square. ♪ >>> good morning among the stories we're watching today, german prosecutors raiding deutsche bank's headquarters in frankfurt today. the shares are moving lower on that news. we'll get a live report from frankfurt in the next hour. >>> and apple giving a demand update on its newest iphone. the tech giant says th

i think equity evaluations run a threat >> you just sold your company next to cme group. what do you think about the opportunities now for the combined group do you think that the market share in trading your area of expertise to the u.s. investment banks have peaked and should be made by relatively smaller firms? >> the it is unique in the financial industry what we have had is very strong exchange groups and very strong businesses of which it was one of the biggest it is the first time an exchange group has bought and taken over a large otc group. they are enormous technologies and i think this is a deal that will be viewed in the future as an industry trade -- an industry trading deal i think to change the efficiencies that can be driven from a client point of view. >> we are trading essentially flat on the s&p. it is down the dow is down 0.6% it is slipping now in negative territory. the dow jumping 60 points earlier today at the moment in the cnbc interview that he talked about trade we'll tell you what caused that positive reaction for markets. >>> plus ge, neweal dn

cme group - how the world advances. ♪ >>> welcome back.lame the federal reserve for the market selling off. the president thinks so. >> i think tech stocks have some problems but that will come back. but no, i think we're going to do very well. i'd like to see the fed with a lower interest rate. i think the rate's too high. i think we have much more of a fed problem than we have a problem with anyone else. >> the selloff in stocks has been largely about worries over economic growth slowing down. i sat down with federal reserve bank of dallas president, robert kaplan. i asked him about the rate hike timing, the economic cycle right now, and why he's worried about growth coming down. >> the reason i think growth may well slow, the fiscal stimulus is helping us this year and we have been expecting that some of that effect will fade in '19 and '20. that's to be expected. and underneath the economy, gdp is made up of growth in the work force and growth in productivity and work force growth has been solid, but we think it's going to start to be

and to manage this risk, the world turns to cme group.in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> good morning it is 8:00 a.m. at facebook headquarters in menlo park, california, 11:00 a.m. on wall street and "squawk alley" is live ♪ ♪ ♪ ♪ >>> good morning welcome to "squawk alley." i am carl quintanilla with morgan brennan, jon fortt at post 9 of new york stock exchange also wit

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. ♪ >>> last night i had a conversation with president trump about how we could work together. >> speaker nancy pelosi, and i give her a lot of credit. she works very hard and she's worked long and hard. hopefully we can all work together next year to continue delivering for the american people. >> i also spoke to mitch mcconnell, leader mcconnell this morning, how we could work together. >> i talked to leader pelosi. we discussed ways we might be able to find a way forward. >> health care was on the ballot, and health care won. liz: i know. yeah. did you hear what we heard? it's early yet, we know, but president trump, democratic congresswoman nancy pelosi, singing quite the kumbaya tone, both insisting they are geared up to reach across the aisle and find solutions for issues like health care. do democrats now have an ally when it comes to fighting high insurance pre

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. ♪ >>> is the fed on the right >>> is the fed on the right track? welcome to emirates mr. jones. just sit back, relax and let us entertain you... ...with over 3,500 channels of entertainment, including the latest movies and box sets from around the world. ( ♪ ) we even have live sports and news channels. ( ♪ ) and your free wi-fi will start shortly. enjoy your flight mr. jones. world's best inflight entertainment. fly emirates. fly better. >>> we're back answering your questions, first up, jimmy, verizon and at&t, from justin in florida, are they impacted by the tariffs? what do you think of these stocks >> i like them in the long run i'm not worried about tariffs, most of what these guys make are produced here in the united states we're talking about cell phone service or in the case of at&t, we're talking about content from the time warner deal the problem is, these a

and to manage this risk, the world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> welcome back we were up over 100 points positive territory there are the winners there. boeing up and pfizer and merck doing well >>> another wall street firm cut expectations for the stock as reports of soft demand for the budget it is by cutting your price target from 225 to 250 why are you making this move today? >> yeah. i think so our team does mostly surveys at the end of each month. on this month's survey one of the smart phones remained a week overall. within we saw much weaker demands than we anticipated. that's what lead to us reusing our estimates today. it is knot america oj based. the demands for phones, but what we saw that surprised us within the survey is one, it was higher that the new expensive phone consumer

she shot a final—round 70 to finish at 18—under, and take the lpga's season—ending cme group tour championshipntrol of the first test against new zealand in abu dhabi, and look well set for victory after day three. yasir shah and hasan ali the star performers, both bowlers helping themselves to five—wicket hauls. it was hasan who made his way through the top order, with three of the first four wickets, as new zealand slipped to 108—4 in their second innings. and despite momentarily steadying themselves, they collapsed from 220—1; to 249 all—out. that left pakistan a target of 176. 0peners imam—ul—haq and mohammad hafeez took them to 37 without loss at stumps, so pakistan needing just 139 runs with ten wickets in hand. west indies have finished top of group a at the women's world twenty20, after beating england by four wickets in a closely fought contest. england struggled after being put into bat by the hosts, and collapsed to 50—6 at one stage. but, despite britney cooper's brilliant run—out, england managed to regain composure to post a competitive 115—8. sloppy fielding from the english saw

cme group - how the world advances.ng for my best, even though i live with a higher risk of stroke due to afib not caused by a heart valve problem. so if there's a better treatment than warfarin... i want that too. eliquis. eliquis is proven to reduce stroke risk better than warfarin. plus has significantly less major bleeding than warfarin. eliquis is fda-approved and has both. what's next? reeling in a nice one. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis, you may bruise more easily and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden sign of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dental procedures. eliquis, the number one cardiologist-presc

and to manage this risk, the world turns to cme group.mers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> welcome back to power lunch. waiting on where the h2q project will land. it is long island city in new york and not crystal springs, crystal city, virginia if that happens it is one group of stocks that could be impacted the most we are live in my hometown >> it has not confirmed its choice or choices for h2q. investors are honing in on the stocks that could benefit. it is the apartment that are in play they have direct exposure there. the stocks jumped higher after reports that the weekend, crystal city was in the lead and that it could be both cities they have been there for over a decade for several high-rises >> it is huge for manhattan. a huge amount of supply has been built along with the burros. it has not been great this cycle in

and to manage this risk, the world turns to cme group. future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> the dow less than is 1% from the correction level we are off by about 532 points it has been stable >> it has been >> we have been down for the better part of a couple of hours. >> we had an attempt by amazon as well as facebook to trade in the green for some period of time >> facebook did. >> yes >>. >>> closing bell starts right now. >> good afternoon and welcome to the closing bell i'm wilfred. >> and it looks like it has gone from bad to worse for the session. >> maybe you can bring steadiness in this final hour of trade. gym i didn't me-- it's 3:00 p.m >> exactly it is 3:45 he said let's get to the market action

and to manage this risk, the world turns to cme group. farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. moving? that's harder now because of psoriatic arthritis. but you're still moved by moments like this. don't let psoriatic arthritis take them away. taltz reduces joint pain and stiffness and helps stop the progression of joint damage. for people with moderate to severe psoriasis, 90% saw significant improvement. taltz even gives you a chance at completely clear skin. don't use if you're allergic to taltz. before starting, you should be checked for tuberculosis. taltz may increase risk of infections and lower your ability to fight them. tell your doctor if you have an infection, symptoms, or received a vaccine or plan to. inflammatory bowel disease can happen with taltz, including worsening of symptoms. serious allergic reactions can occu

cme group - how the world advances.re than $20 million has been spent in the race for superintendent of public instruction to attack my friend tony thurmond's record. well, i've worked with tony, and no one is more qualified to lead our state's schools. that's why tony thurmond is the only candidate endorsed by classroom teachers and the california democratic party. because tony will stand up to the donald trump-betsy devos agenda and has always protected our local public schools. join me in voting for tony thurmond. let's put our kids first. >>> welcome back to "the halftime report. we're answering your questions kyle from michigan, biotechs are getting hammered abbvie or gilead >> gilead, i'm not impressed with the management. they went out and did an offering of $10 billion. they could have made great acquisitions one is yet to be proven out. sivaldi is the one that came after. that's a limited market. you haven't seen the major decline in growth but you're getting there. in terms of abbvie, it's a biotech company bu

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. ♪ [ready forngs ] christmas? no, it's way too early to be annoyed by christmas. you just need some holiday spirit! that's it! this feud just went mobile. with xfinity xfi you get the best wifi experience at home. and with xfinity mobile, you get the best wireless coverage for your phone. ...you're about to find out! you don't even know where i live... hello! see the grinch in theaters by saying "get grinch tickets" into your xfinity x1 voice remote. a guy just dropped this off. he-he-he-he. connell: pointing the finger at comcast. the american cable association is urging the justice department to investigate the company over alleged antitrust allegations. charlie gasparino broke this story for us today. among those interested is president trump on the twitter. what can you tell us about the story, charlie? >> if you're a betting man, a betting woman, to be accurate here, on wall s

and to manage this risk, the world turns to cme group.help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. neil: she wouldn't be automatic speaker, would she? >> yeah, i don't think this is, this is a done deal yet. there is a lot of time left. the voices of the new members are being heard now and next week. we're reporting back to d.c. we're having these conversations. to me, it is bigger than me. it is bigger than nancy pelosi. neil: that was democratic ohio congressman tim ryan. remember he challenged nancy pelosi a couple years ago. got 63 votes in the process. unprecedented. still lost, those were 63 votes at a time you could argue the speaker or the former speaker was a lot more popular than she is now, trying to retake that job. to bush 43 speechwriter, jehmu greene. formerral franken chief of staff, drew littman. begin with you. is

cme group - how the world advances.look for don't just track an index, help me meet a client's need. is the fund built to sell or built to last? etfs are only part of a portfolio. so make it easy to explain. give me a quality fund that helps me get clients closer to their goals. flexshares etfs are designed and managed around investor objectives. so you can advise with confidence. before investing, consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. will it feel like the wheend of a journey?p working, or the beginning of something even better? when you prepare for retirement with pacific life, you can create a lifelong income... so you have the freedom to keep doing whatever is most meaningful to you. a reliable income that lets you retire, without retiring from life. that's the power of pacific. ask your financial professional about pacific life today. your new brother-in-law. you like him. he's one of those guys w

and to manage this risk, the world turns to cme group.te changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> bitcoin dominated the confidential at last year's thifgt table on a tear at that point. this may dominate for a different reason now down 36%. >> this is your table sfl everybody was talking about it when it ran up 20,000 in december. >> we have to be fair it then ran up a lot but now a lot lower. >> correct probably not as mot a conversation starter this year. >> another big mover, since last thanksgiving, advance auto parts up 94% everyone was talking about it last year. >> everyone was talking about that. >> and will be again, certainly those that have held the stock they won't have to get the $4.80 meal that sue outlined pu with you different for ge, the worst performer since then down, ouch, 57%. >> so what's the big conversation topic at this year's table. >> at this year's table. >>

and to manage this risk, the world turns to cme group.rs lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> time for check, please in just our two hours here on the desk, we've seen the market go down to its lows of the day about 350 points comments by maxine waters about being tough on the banks that might have been one explanation. some concern about brexit which apparently has been allayed now as theresa may came out and made a statement. now, we're down only about 95 points, back above 25,000. the s&p 500 breached 2700, but it's now back above that. >> i'm watching on facebook very, very closely just in the past 15 minutes or so, facebook moved towards session highs and so half a faang is behaving. facebook shares moving to session highs. >> a sharp move. >> really jumps out at you when had you take a look at the intraday chart. >> very quick

cme group - how the world advances. ♪ and then, more jobs robegan to appear..t started with one job spread all around. because each job in energy creates many more in this town. >>> fed officials at the november meeting almost all thought another rate hike would be warranted fairly soon, but a few disagreed with the timing, not necessarily the direction, and a couple saw the funds rate near neutral, warning it could unduly slow the expansion. this is important here future statements they discussed might remove the language signaling further gradual increases ahead. they may rework the statement using language to make future rate hikes more data dependent overall they did see a positive committee, had a positive outlook for the committee, but officials worried about tighter financial conditions, a global slowdown, worried about signs of slowing in interest rate sectors. overall i have to say the discussion at the meeting as revealed in the minutes was much more down beat and full of sort of concerns about down side risk than the statement that it appeared the ot

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. ♪ charles: president trump just tweeting, touting another win for his administration and the american people. quote, not seen in many years, america skilled workers get a hard-earned raise because of my administration's policies to help bring back the u.s. steel industry which is critical to our national security. i will always protect america and its works. >>> as the announcement of amazon split headquarters gets digested there are a lot of questions out there on the decision of new york and virginia. just not from alexandria ocasio-cortez. reports show virginia offering the online behemoth 800 million-dollar tax breaks for 25,000 jobs. new york? how about 3 billion bucks. governors of both states boast of job growths, residents grumble about rising rents, increased traffic. owe cause yo blast tax breaks. many conservatives agree with her. maybe they didn't need the

cme group can help you navigate risks and capture opportunities.u to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ liz: dow is up 172 points. president trump's contradictory statements over big tech and silicon valley resurfaced again last night in an interview with axios on hbo. he began by stating that his administration was seriously considering an antitrust investigation into tech giants google, facebook and amazon. but he then went on to say they're all great companies he would like to help. investors only took the first part of his message and ran with it, by running away from the three stocks mentioned. alphabet down 2%, facebook down 1.25%, amazon down 2.33%. susan li has been talking to traders about the possibility more regulation might be coming down the pike heading to silicon valley and seattle. reporter: we did see a sell-down today in those three stocks and these are what we call distribution names right now. that means there's a lot of people looking to sell out of these pla

and to manage this risk, the world turns to cme group. farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. should happen everydred five hundred years, right? fact is, there have been twenty-six in the last decade. allstate is adapting. with drones to assess home damage sooner. and if a flying object damages your car, you can snap a photo and get your claim processed in hours, not days. plus, allstate can pay your claim in minutes. now that you know the truth... are you in good hands? >> you might've heard there is a pretty big election happening tomorrow, but here's what else is on deck. the macbook and ipad pro after the product revealed last week. >> disney reports fourth-quarter results in a big day saturday. arriving across the street in rockefeller center here in new york city. it will be 72 feet tall. i have it on good information. the f

cme group - how the world advances. ♪ i am a techie dad.n.echnology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. >> i think i'm doing a great job. we had the best economy. i would give myself -- but come i hate to do it, but i'll do it. i would give myself an a+. is that enough? can i go higher than that? >> i don't think you can go higher than that. he gives himself an a+. the president says the american people should give him. whether or not you agree with him, the economy is going strong. with the midterms behind us in the presidential campaign ahead of us isn't going to be an a+ economy the next two years or is it going to be a lot more challenging for the president to run on that. when you think? >> going forward it's going to get my challenging from here. if you're grading the president on where we are in the economy right now using jobs and wage growth, t

and to manage this risk, the world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. >> is the correction over asked of last week's big sell off some were selling off the whole economy saying that this was just a big landing of a long-term economic contraction but look at what happened today. big action today. does today's bullish action in the recession bears were

cme group can help you navigate risks and capture opportunities.enable you to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ their medicare options... before they're on medicare. come on in. you're turning 65 soon? yep. and you're retiring at 67? that's the plan! well, you've come to the right place. it's also a great time to learn about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. here's why... medicare part b doesn't pay for everything. only about 80% of your medical costs. this part is up to you... yeah, everyone's a little surprised to learn that one. a medicare supplement plan helps pay for some of what medicare doesn't. that could help cut down on those out-of-your-pocket medical costs. call unitedhealthcare insurance company now or visit aarpmedicaresupplement.com for your free decision guide about the only medicare supplement plans endorsed by aarp. selected for meeting their high standards of quality and service. this type of plan lets y

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. ♪ liz: look at our graphics department. how cool is that. hours way we account down have a very important question for you. are you ready for some football and basketball? sports fans are getting pumped up to belly up to the couch to watch football and basketball at note the tv. detroit kicks it off tonight as the detroit pistons battled the houston rockets. keep an eye on nba all-star and piston giant lake griffey and his reaching well beyond basketball to business now. griffin has signed on to partner with the nations live tv sports prediction platform. predicting almost anything can happen in the games like who will win the tip off? will original pistons batboy and isaiah thomas in the audience and it's all in real-time. you don't have to wait to the end of the game to see if he won. going totally viral. his most recent video posting on it already has nearly a milli

thank you very much. >> chairman and ceo of the cme group.t's answer a question or two dxc. >> i still own, it was not a great quarter and it's already down quite a bit, i do think 2019 sets up well in terms of margin expansion no expectations for revenue growth i'm still there. >> chris has one on best buy, guys, what do you think of best buy right now? >> i love it in black friday i think it's one of those rare things, where you get to basically buy it down there. on the lows of the last several months that's another gift i think. >> all right, guys, let's go around the horn and do final trades >> cbs health, i'll buy it this afternoon. >> stephanie >> constellation brands down 9% when it's high iri data strong. >> john? >> met life, met judge unusual activity, 10,000 calls, bought it during the show >> wrap it up for me, pete >> l brands has been slammed, sitting here at near lows. still plenty of up side when you look at how cheap this is, i like this name. >> guys, thank you thanks so much for watching. power lunch begins now >>> thank y

cme group can help you navigate risks and capture opportunities.le you to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ charles: the stock market actually working its way higher as we head into the final hour of trading. this as jerome powell's number two has said the fed should actually go gradual, they should be gradual with these rate hikes. joining me, pwc partner mitch roshell and optimal portfolio strategy, frances newton stacy. let me start with you. i think these comments by the vice-chairman, second most powerful person at the fed, gradual approach, i thought even more importantly, we're much closer to neutral and again, they have been taking accommodation away since 2015. this is not what powell said on october 3rd which kind of in my mind wrecked these markets. >> yeah, absolutely. they are leaking this dovish sort of turn and if they continue and powell is consistent with that, i see santa claus rally. i think the credit markets were getting hit harder and faster than they had t

cme group can help you navigate risks and capture opportunities.obal markets and drive forward with broader possibilities. cme group - how the world advances. ♪ >>> one online retailer is crushing amazon this year. but is it too late to get in on the rally? find out on tradingnation.cnbc.com more "squawk on the street" is coming up. >>> let's get to the cme group in chicago and join rick santelli for santelli exchange i. >> thank you, i was trying to come up with the correlations and tell wes get from market movement based on facts going on in realtime. and it was easy, actually, election night because at one point when it looked as though the gop had the possibility to hold both houses, we saw that interest rates, specifically the ten-year note yield, shot up in a new virgin seven plus year territory around that 3.25% level. it looked as though they would maybe do okay in the senate but probably not take the house, it moved back under 320 sounds subtle but this 323 to 325 era is a very important technical area we could take it a step farther. bein

cme group - how the world advances.alked earlier in the hour about the florida senate race. we'll look at arizona where they're still counting as well, believe it or not. democrat kyrsten sinema, martha mcsally, it is sinema with a surge in maricopa county took over the race. ashley webster is in the newsroom. it is not done yet. >> in arizona not unusual for the ballots to be counted after a week, so many people, 75% mail in their ballots. that gets more complicated. republicans filed a lawsuit by the way, challenging the way some of those arizona counties are actually counting the mail-in ballots. they say there is not a uniform standard when it comes to verifying signatures. as you can see, these are the very latest numbers. they change every hour. it shows kyrsten sinema with a slight razor thin edge over martha mcsally by 8800 votes. less than half a percent. we should note 345 votes remain uncounted in maricopa county alone. but because of that republican challenge, the president today tweeting this out saying he

and to manage this risk, the world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. i am a techie dad.n. i believe the best technology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. it's a revolution in sleep. the new sleep number 360 smart beds are on sale now during sleep number's veterans day sale. it senses your movement, and automatically adjusts to keep you both comfortable. it even helps with this. so you wake up ready to put your pedal to the metal. it's the final days of our veterans day sale where the queen sleep number 360 c4 smart bed is only $1299 - save $400. plus, 24-month financing on all beds. ends sunday. sleep numbe

cme group - how the world advances.amework for a tentative trade deal with china may be under way. according to the "wall street journal" washington would suspend tariffs in exchange for big changes in chinese economic policy, this according to officials from both sides. the deal would be similar to partial agreement the u.s. has struck with the european union and also with japan recently. let's talk through it. joining us, senior fellow and author of the book "markets over mao." great to have you with us. i was reading this "wall street journal" report seeing they are favoring architecture over agenda but the markets are basically pricing in a deal a little above zero at this point. >> well, i think there's a lot of speculation going on about what might happen. some are on the optimistic side thinking there's going to be some kind of progress. others, you know, larry kudlow said the other day he thinks trump will hold out for very substantial changes and he doubts that an agreement will be reached. i think in the end i

and to manage this risk, the world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> keep the faith. it's a very strong economy. the economy, the basic economy, has reawakened and it's going to stay there. i mean, i'm reading some of the weirdest stuff, how a recession is around the corner. nonsense. my personal view, our administration's view, recession is so far in the distance, i can't see it. charles: that was national economic council director larry kudlow making it clear that the trump white house is not worried about a possible recession despite the volatility and the pullback in the stock market and some other signs. joining me, former cke restaurant ceo, andy puzder, author of "capitalist comeback" and brandywine global portfolio manager jack mcintyre. andy, let me start with you. listen, i think ther

cme group can help you navigate risks and capture opportunities.nable you to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ ♪ max, what [ car honk ] do today? no idea huh? i got one. let's steal christmas in style. >>> we're back shares of paypal up 10% this year the stock is on the najarians' radar. to unusual activity. pete, you are up first >> we've had a number, i like when we're seeing it we've had this hit three times in the last, call it ten days of trade. people buying the february upside calls and just last week on thursday, they were buying december 92.50 calls and now today we're seeing these and this is the december 90 calls. it gives a little bit of time. not a whole lot of time. this is something i will likely hold this. i'm in december as well. two to three weeks, see where this is. i like it, scott, for a couple different reasons. they have been right in the past there's a lot of money going into it. it is higher multiple so that's concerning for me and they're coming after t

cme group - how the world advances.p at this moment holding a campaign rally in west virginia. he has eight more rallies after that before election day, including one tonight. this is just the warm-up. there is another one later in indianapolis where jeff flock is patiently waiting for the president's arrival. jeff in. reporter: i feel like i have done this before. so have a lot of these people actually. take a look at this crowd. i'll tell you this is a rally in a gymnasium here at southport high school. capacity about 7,000. i have not counted all the heads. i have to tell you, i don't know if everybody will get in. i know at trump rallies people are some times quite tolerant of that. there is jumbotron where folks can watch if they don't get inside. here is why the president is here. take a look at candidates. this is a race that the republicans think they can flip back from democrat to republican mike braun. he is a businessman from indiana. who is challenging the joe donnelly, the democratic senator. you know, donn

cme group can help you navigate risks and capture opportunities.nd drive forward with broader possibilities. cme group - how the world advances. ♪ lou: two customers call a bank. one waits for just minutes, but others a longer time. it's because of customer ratings. and you can't get your customer ratings like you can your credit score. some of these customers. you have got to cut these people loose. the behavior they do on the planes, trying to bite lowest price, they buy clothes and return them to the department stores and put the tags back on. good customers who can be reward a little bit. >> the more v.i.p. customers have always been routed to -- you go to a new york city restaurant, i wait in line. they say, oh, you are on the david asman show, they say come right in. >> this is a ruse. they treat everybody like garbage. you are calling any business, you are treated like dirt on their shoes. dave require's clv. customer lifetime value. >> you get treated differently by everyone you walk into. there is customer loyalty cards at drug stores and

cme group can help you navigate risks and capture opportunities.ach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ connell nasdaq today barely ending positive after yesterday's disaster gown about 3%. we're looking at big tech. which meeting facing increase scrutiny from a new congress. what does future hold, susan lee is taking it on. at "wall street journal." tech d-live conference in laguna beach. reporter: over and over, every panel that i have attended here at laguna beach, they have been talking about regulation, i think concern for tech is oversight in future, they pretty much plan for it but what form is the big question, a big speaker this afternoon was amazon senior vice president of devices, he took stage. you can imagine first question lobbed to him had to do with choosing crystal city, and long island as next headquarters for amazon. >> it was data driven. the result reaction was overwhelming, we did not expect that. it is a lot of jobs. and then we used the data to narrow it down to

cme group - how the world advances.h revolt despite senior ministers resigning in protest and threats from her own party to oust her, embattled uk prime minister theresa may vowing to push her brexit deal through parliament. take a listen. >> i believe with every fiber of my being that the course i have set out is the right one for our country and all our people. i understand fully that there are some who are unhappy with those compromises, but this deal delivers what people voted for, and it is in the national interest. david: so is she in denial about a brexit package that nobody seems to like? >> david, i think she is. i don't think this is what the people voted for. now, granted, it was fairly narrow margin, but people in the u.k. basically voted for a break, a clean break from the eu. what may has put together, and i guess i don't blame her, she's trying to satisfy all parties, but that's almost impossible is that she kind of wants half foot in, half foot out, yeah, we're going to leave but parts of the u.k. are st

and to manage this risk, the world turns to cme group.e help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> we're back on the halftime report we're going to answer some of your questions in just a second. i have a couple of questions for josh though. amd, number one. >> yeah. >> stitch, number two. >> yeah. >> you sold. >> i did, but not for any specific reasons to a and b. >> give me a and b first. >> these were stocks that i had small gains in, i had had larger gains in they've come down with the rest of the market. they're both technology names. i am trying to get myself liquid for bigger and better opportunities in my top tier names like google, jpmorgan and amazon i'm not in. i do think i'm going to get lower prices i think we are now in at best case a trading range, at worst case we've begun a new down trend. too early to say wh

cme group - how the world advances.ay, november 19 your top stories 8:30 a.m. eastern, markets under pressure to start this shortened holiday week futures lower across the board. 52-point loss on dow futures right now, after a losing week for all three major market gauges last week, in europe, mixed market action we have right now, all of the markets there are up, ftse, cac cac in france have been back-and-forth between negative, and positive but green across the board right now. this as british prime minister theresa may assures britain that ousting her will not make britain's exit from european union any easier, then we move to protests in france problems facing president emmanuel macron has french taking to streets asian markets higher overnight begins a across-the-board all four major markets there facebook, under more fire, details on why ceo mark zuckerberg reportedly has company on red alert a report why cutting back on social media site is good for your mental health amazon from super secrecy during headquartere

cme group - how the world advances.untry joining us right now hostility of "varney & company" stuart varney to weigh in stu, oil this morning, up 1% we are talking a 20% sell-off in five weeks. >> yeah, i am talking about gas. the price thereof, at your local station. maria we have found 10 gas stations where the prices already below $2 a gallon, i got one, two, three, four investigations new orleans gentile louisiana 1.89 another 1.93, .97,.99 faster than i expected prices tumbling below $2 a gallon i don't see anything to stop national average from falling further it is 2.67 i think it is going to come down to national average maybe 2.50 relatively quickly, i think that is a huge shot in the arm, small businesses, the overall economy,s consumer spending fourth quarter, i think this is very, very positive news it is happening much faster than most people expected. >> right in time for the holiday shopping season stu. >> right. >> where we are expecting very good quarter deirdre you said earlier. >> talking about the --

cme group - how the world advances. track an index, help me meet a client's need. is the fund built to sell or built to last? etfs are only part of a portfolio. so make it easy to explain. give me a quality fund that helps me get clients closer to their goals. flexshares etfs are designed and managed around investor objectives. so you can advise with confidence. before investing, consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. but prevagen helps your brain with an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life. ♪ ♪ put your data to work on the cloud that drives business. the ibm cloud. the cloud for smarter business. >>> go out and vote everybody, make sure you join us tomorrow we'll be talking about that. "squawk on the street" begins right now. ♪ >> good tuesday morning, welcome to "squawk on the

and to manage this risk, the world turns to cme group.help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. a moment of joy. a source of inspiration. an act of kindness. an old friend. a new beginning. some welcome relief... or a cause for celebration. ♪ what's inside? ♪ [laughter] possibilities. what we deliver by delivering. this scientist doesn't believe in luck. she believes in research. it can take more than 10 years to develop a single medication. and only 1 in 10,000 ever make it to market. but what if ai could find connections faster. to help this researcher discover new treatments. that's why she's working with watson. it's a smart way to find new hope, which really can't wait. ♪ ♪ >> announcer: online right now, amazon's big mistake, releasing customer names and emails. see what's being done to fix it and how big the breech is. th

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. ♪ >>> it is evidence of how much activities this is the treasury auction pick it has been going wild just to give you an idea of how much movement this week. 30s are up two on the day of nine on the week and a basis point away from challenging and a new four year plus high yield. look at the one week of tens, we talked about how it looks like it was wounding. volatility has kicked in but it is rounding and firming. that happens at volatile time. questionable time for equities which may not be over. it is a process. if you look at the 30 years since july of 14 which is what we are flirting with regarding of testing the limits of cycle move the third year has been really firm the last two or three weeks. the 30 year in particular never getting close to its early october break out of 10-yr note did. this really underscores the dynamic, not only of what's going on with the

cme group can help you navigate risks and capture opportunities.le you to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ ♪ (whistles) ♪ come on. come on, squirt. (dog barking) whatever your financial goals are, a u.s. bank wealth management advisor can help make them a reality. talk to one today. u.s. bank - the power of possible. >> just under four minutes high speed and a raise we will be there >> we need some optimism >> i think he's still there. >> the wbto. >> it's a very big issue for vice president pence that's an over issue i'd love to address the notion of the nontrade issues >> if we get anything regarding -- if they point to a cease-fire, so to speak, in buenos aries how much is it worth? >> there you go. there you go >> the job from opec didn't have much >> look, i think that powell has a great case to be able to say, you know what, all of my hard work is starting to pay off and i do think that if the president wanted to say, you know what, we have to engage in serious talks, the

and to manage this risk, the world turns to cme group.banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. i am a techie dad.n. i believe the best technology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. >>> welcome back to "squawk box," everybody. we are following a developing story out of japan nissan's ceo holding a news conference right now he says chairman carlos ghosn has been arrested. the ceo plans to propose ousting ghosn at the automakers board meeting on thursday. he says ghosn's financial misconduct was unacceptable and serious. we will continue to monitor this news conference. we are looking for additional details on what they found but we'll bring you those headlines as this happen

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. ♪ >>> good tuesday morning welcome back to "squawk on the street i'm carl quintanilla with david faber and sara eisen dow down 480, s&p, 45, as some of the bloodletting continues today. >> our road map will start right there. stock sell-off, 2018 gains evaporating. dow, nasdaq and s&p falling 2%, extending yesterday's steep losses. >> the tech tumble, facebook, amazon pushing the nasdaq to a seven-month low. >>> target shares down 10% some other retailers sliding sharply. >> obviously a bunch of big market stories today full team coverage of the ongoing pain and how to think about these market moves going forward. dom chiu will join us with a data dive into the struggle sector and how chips are fathering today. steve liesman is with us, talking about the fed. and with some stocks down double digits, target is crushed today. courtney reagan will break down the retail

cme group - how the world advances. ♪ . . . amazons was considering crystal city, maryland as location for second headquarters. of course we know, crystal city is in virginia. americans who wrote that script made the mistake. >> testing us. stuart: not moi. my mistake. my mistake. most exciting story of the day, most interesting in my opinion, electric bikes. >> i love the electric bikes and the scooters. stuart: just wait they're all over california. there is a lot of them in new york city. they will be everywhere. liz: we'll get you one. ashley: terrorizing the sidewalks. stuart: they will be in crystal city, virginia, before you know where they're going. liz: do you want one for christmas? stuart: no. i tried to ride a bike the other day. i will never do that again. liz: you would look like ya-zoo from the plenty -- from "the flinstones." neil: they have a limo version. thank you very, very much, stuart. which have a lot to go on here, chasing down all the candidates who want jeff sessions' job or being considered for jeff s

and to manage this risk, the world turns to cme group.es and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. [ready forngs ] christmas? no, it's way too early to be annoyed by christmas. you just need some holiday spirit! that's it! this feud just went mobile. with xfinity xfi you get the best wifi experience at home. and with xfinity mobile, you get the best wireless coverage for your phone. ...you're about to find out! you don't even know where i live... hello! see the grinch in theaters by saying "get grinch tickets" into your xfinity x1 voice remote. a guy just dropped this off. he-he-he-he. dagen: futures pointing to a lower, lower ahead of op more than an hour away from the opening bell 115-point loss on dow futures right now, and let's not forget what happened on wednesday. it has been a really terrible week for stocks. but gains were wiped out in the final hours of trading, on wednesday. so even when