that is how fast connell mcshane drives. not saying anything about him. >> assuming he knows how to drive a car. connell: thanks. dagen: the bailout on the stock market. investors pull out over $10 billion from u.s. stock mutual funds in the past week. $100 billion so far this year with nearly three times that amount going into bond funds. how dangerous is this. bob our nose and manages several billion dollars. if you look at all the classes of fixed-income how dangerously overvalued are they now? >> there's a lot of complacency out there. if you look for example investment-grade corporate debt the yield spreads of those versus treasuries are back to lows that we saw in 2007. high yield, as the maturity on that debt is near all-time lows. a lot of aaa munis their all-time lows and even the stock market if you look at volatility measured by the vix that is we 5-year low. very surprising to me. dagen: but complacency means people -- you can reach you this if you not, not factoring in potential risk out there so my question is h

mr connell mcshane. we go to the judge in a moment, judge andrew napolitano up next with some strong thoughts on who has rights to the information on your smart phone and targeting your money. the latest bank to be targeted by hackers. we will have that. keep it here on markets now. look at treasuries and where the yield is today,.7%. [ male announcer ] what if you had thermal night-vision goggles, like in a special opsission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. is coming from. trade commission-free for 60 days, as a homeless teen myself, i really understand this first hand. nobody should go through that, and with your help, nobody will.

feel the blow and confidence and i'm confident because we're standing it to dagen mcdowell and connell mcshane dagen mcdowell. connell: connell mcshane. stock trading for the first time this week. the northeast beginning to pick up after hurricane

charles: i had the same debate with dagen mcdowell and connell mcshane. it will continue.

connell: i am connell mcshane. the president loved the drop, what will he say about the spike. right now to stay ahead. connell: we have an arraignment for the terrorist suspect. we also have information on the target he really wanted to go after. dagen: top of the hour. stocks

connell: connell mcshane. surprise drop in the unemployment rate. under 8%. there it is. all the talk. dagen: general electric former chief jack welch on the record saying he thinks there are funny numbers at work here and it is tied to the president's for performance. connell: californians hoping you filled your gas tank yesterday because prices spiking overnight on the west coast. we will tell you about that. dagen: stocks every 15 minutes. nicole petallides at the stock exchange with some green. nicole: this is a day on wall street. we got the monthly jobs report which came as a complete surprise to everybody on wall street as we look at the dow jones industrials which are up 65 points but the dow has moved to levels we have not seen since december of 2007. highest level for the dow since 2007 and among the dow components so many of them are hitting 52 week highs. home depot and verizon and general of dr. kent walmart and pfizer and ibm, merck and 3 m. many viewers may own mutual funds. as traders digest this monthly jobs reports some are trying to make heads or tails

connell: i'm connell mcshane. you know him well, he ran for president. he wants to do away with the federal reserve. his followers could still play a big role who ends up in the white house. who is ron paul going to vote for in this election? we might find out. he will join us in a few minutes. dagen: that election is about jobs, and the latest report does show some hope in hiring by private companies. but much more is needed to bring down unemployment. connell: and richard branson is coming on. he thinks america is bouncing back. he's selling $200,000 tickets to go to space on the street to prove it. dagen: and mcshane looked way too excited to be -- [inaudible]. that photo you posted on your facebook page was crazy looking. connell: crazy looking? dagen: nicole petallides is standing by. stocks now and every 15 minutes. what do you know nicole? nicole: i just met richard branson a few minutes ago. great guy. i look forward to that interview. remember yesterday we talked about metro pcs it was soaring. all this on talk of the deal that deutsche telekom

i'm connell mcshane. dagen: i'm dagen mcdowell. new results from last week's debate, a historic number of americans think mitt romney outdualed the president. connell: california's governor changing seasons, bringing in the winter blend to help bring down skyrocketing gas prices. dagen: why some lawmakers are calling this chinese technology giant a threat to national security. connell: we will have all those stories but let's check on stocks now, as we do every 15 minutes. nicole petallides. nicole: i'm taking a look at the major averages, the dow nasdaq and s&p all pulling back a little bit. the dow jones industrial average down about 1/4 of 1%. we're also seeing the nasdaq and the s&p down even more than that. the tech heavy nasdaq down more than a half of 1%. on a day where the vix, the fear index is one of the few up arrows on the big board. i'm seeing retailers, drugs, bank stocks, all of those indexes do have down arrows today as we kick it off. don't forget last week was a winning week on wall street. talking about looking at

connell: i am connell mcshane. we have neil cavuto here ahead of tonight's debate. dagen: who is better equipped to deal with that guy? connell: there he is. it is official, lance armstrong stripped of all seven tour de france titles. that just came out this morning. dagen: top of the hour. stocks now and every 15 minutes. we are watching caterpillar. a disappointment. nicole: it really was a disappointment. you see it with an up arrow. when you paint the real picture, the picture is the top global economy, south news going forward. that is where caterpillar is cutting their numbers for 2012 saying 2013 is likely to be choppy and not seeing improvement until the pack of 2013. here is a look at caterpillar right now. it is up about 1%. let's take a look at the broader market averages. the dow is down 13 points. the s&p is lower in the nasdaq squeezing out a gain of just over one point. back to you. dagen: thank you. president obama and mitt romney preparing to face off in the third and final presidential debate. the key swing state proves to be a close battle this yea

connell: and i am connell mcshane. dagen: lawmakers doing nothing, it is costing you money. is washington responsible for this selloff on wall street? we asked a former senator. connell: what the white house knew about the terrorist attack in libya that took four lives. dagen: stocks now and every 15 minutes. nicole petallides with a bit of a reversal from yesterday. nicole: a little bit of a relief rally. numbers and earnings. things seem to be much better today than what we heard on friday, monday and tuesday. today you have gotten some decent news. we are seeing the market trying to make a comeback. after two of the last three days have been selling on wall street with more than a 200 drop. today, you have of arrows. there is a look at the dow which is up one third of 1%. boeing came out with numbers, bank of america, financials making a comeback. this is the environment slightly to the upside. back to you. connell: fed chairman bernanke will not be seeking a third round. at this point, the writing seems to be on the wall if romney wins. our next guest says they are facing

dagen: it will fit perfectly into connell mcshane's pocket. very roomy. sure it will work just fine. connell: one person in america who has incurred that joke. dagen: it never gets old. >> i you guys ok? is everything ok? connell: we are fine. absolutely. compared to what most people i dealing with we are. dagen: extremely lucky. feel better. feel better. good to see you. connell: new jersey along the coast, president obama will be touring with chris christie reviewing the damage. neil cavuto will be with us in studio and we will talk a little bit about what this means for the election next week. dagen: you have three quarters of refining capacity in the northeast shutdown because of this storm. will get the gas supplies. what does it mean for prices? can we learn any lessons from this in the road ahead? connell: look at the treasury market. 1.7% and the stock market up and running and we will be right back on markets now. liz: i am liz macdonald. u.s. officials are looking at the u.k. bank's relationship was with certain third parties, supplying corrupti

in the meantime, we have dagen mcdowell and connell mcshane taking it from here. have breaking news where we are right now as hurricane sandy

connell: good morning, i'm connell mcshane. dagen: dagen mcdowell. note to congress, get this fixed. more than 80 large u.s. companies putting the pressure on lawmakers to reduce the federal debt. connell: and how about this, don't care who is president so says peter fisher who only want urgency. keep us away from the fiscal cliff. dagen: buckle up and bundle up. old man winter with a monster of a perfect storm threatening to shut down businesses. what do you call it? it is going to be ugly. connell: you combine all of these things. top of the hour, more on that, every 15 minutes with nicole petallides at the stock of the new york stock exchange. nicole: i went ice skating last night. some movers on wall street, the dow up 32 points. take a look at zynga. today is a great day for zynga, although it cooled off and hit a new low yesterday, the real winners on the street, see them higher by over 10%. wynn resorts coming out with numbers expansion in, the numbers are improving year over year, but the growth is slowing. wal-mart is a winner being added. an

connell: i'm connell mcshane. there are new warnings today about hackers attacking our nation's biggest banks. dagen: the latest pew poll gives mitt romney the edge in the race for the white house. bret baier is here to talk all about it. connell: another election game changer potentially. it could come out of the middle east. nato saying it is ready to help turkey defend itself from syria. big story for oil trading. and helima croft just back from turkey with the first word on what this means. dagen: top of the hour, stocks now and every 15 minutes. nicole petallides at the new york stock exchange on why we're seeing a sell off. nicole: we really are seeing a sell off. the dollar has accelerated here. we are seeing the markets selling off some. don't forget last week was our first winning week in three. dow jones industrials right now selling off about 1/2% ahead of earnings season which will kick off here. we are seeing banks, drugs, retailers, the transports are also lower. i'm using the major averages. of cour

dagen: mcshane wants to wrap this puppy up before i say or do something totally insane. connell: how would this day be any different any other than day? dennis and cheryl will take it from here. cheryl: we're going to pick up on the 11:00 a.m. markets now, a lot going on at noon eastern time told. right? dennis: that's right. i'm dennis kneale. cheryl: i'm cheryl casone. the fall off of fiscal cliff may not be as bad for the stock and bond markets as many come to believe. in fact we have someone with specific plays that you can have now to get ready. dennis: we will ask a strategist if it is too late for president obama. cheryl: and sprint getting big bucks from japan's soft bank for 70% majority stake but we have an analyst ahead who says the company will still be a distant third to verizon and at&t. how you can handicap the deal coming up. dennis: top of the hour stocks every 15 minutes. nicole petallides at the floor of the new york stock exchange. nicole stocks in the green for a change. nicole: that's right. we are seeing the dow nasdaq and s&p all with up arrows. nasdaq co

mcshane, you know, everyone is investing in ireland. you know why, because the capital is always dublin. connell have to take a quick break right now mayor bloomberg just walked up to the podium. this is a city office of emergency management headquarters. here is their wilbert. -- here is mayor bloomberg. >> let the record show. good morning and we are joined here today by senator charles schumer and christine quinn and our city commissioners. i want to once again thank linda for her signing. let me begin today by updating everybody on current weather conditions and what we can expect from hurricane sandy over the next few days. we continue to remain in touch with governor cuomo and state officials in response of the storm. i am also announcing that we have awarded city public schools to remain closed tomorrow. there is no chance that mass transit will be back in time to serve people and we are always worried about cleanup even though the storm should lessen as we get into tuesday. sandy will make landfall just south of atlantic city this evening. that keeps new york city well within the danger