managing this condition a pleasure to have you on the program thanks for taking the time this monday david bell a doctor and former break to party and the pain. still to come in the program diplomats there pushing for sanctions against russian officials over than a valley case not story broken down here after the break. join me every thursday on the alec simon show and i'll be speaking to guest of the world of politics sports business i'm showbusiness i'll see if there. is you'll be a reflection of reality. in a world transformed. what will make you feel safe. isolation community. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. or unmaidenly shall i. come back to the program the european union is moving closer to imposing sanctions on russian officials over the alexei navalny case now the meeting in luxembourg on monday e.u. foreign ministers back their proposal for travel bans and asset freezes over the alleged poisoning of the opposition figure or your correspondent peter all over as more. the sanctions measures were put forward jointly by fra

before the bell. davidw much credit should the oil and natural gas industry get for this massive decline in co2 in this country? i don't think we are giving them enough credit. >> i don't think we are giving american technology and innovation enough credit. not just oil and gas but all the things we did to cleanly extract energy, to run a cleaner society. we have actually exceeded, exceeded what the paris accords want, when you look at what we're doing as a country. rick's right, when it comes to china there's no way they are going to play fair because they can't play along, do it right and get it right. it's unsustainable. plus we were the cash cow for the paris accords and americans should not be paying for other countries' bad behavior. charles: in the meantime, the brookings institute hsaid of th biden tax plan it would bring in $2.4 trillion. rick, the promises are adding up. all of those goodies, though, the question remains, how does he pay for them? >> well, what i thought was really interesting was

. >> let's bring in david nelson, chief strategist at bell point asset management you listened in onhe tesla conference call last night i did not but i'm told they are always kind of an interesting and let's just call it wide ranging affair what was your takeaway, david? >> it was my first conference call with elon, and i got to tell you, it is different. you find yourself inside of elon's head as he ping-pongs back and forth from one subject to the next. at one point he was arguing with himself over design issues and engineering problems i think that ebts with ovit wenf heads of a lot of people i think we're probably at a disadvantage because we're forced to discount and look out a decade this is a company with the vision thing and elon certainly has that when he talks about reshaping the future and it is intoxicating and you find yourself looking beyond, you know, some of the other issue, the mundane issues like valuation maybe the most interesting question on the call was when one analyst asked elon what could other car companies do to catch up and he said what can they do >> and

david campanale has more. alarm bells are ringing right across europe.irus pandemic continues to worsen in the czech republic, which has registered its worst daily figure yet for new infections — more than 15,000. over the past week, more people with the virus have died there, as a percentage of the population, than anywhere else in the world. but for top health agencies, concern extends to all but a handful of eu countries. they've declared now to be a critical moment. too many countries are seeing an exponential increase in cases, and that's now leading to hospitals and icus running close or above capacity and we're still only in october. we urge leaders to take immediate action. a string of countries, including russia, poland, italy and switzerland, have again seen their worst daily figures yet for coronavirus infections. poland's second wave is far bigger than its first. their number of new cases is 22 times higher than the highest number of cases in the spring, and deaths there over the past 2a hours have been the highest since the pandemic began. w

[closing bell rings] liz: david marcus likes vivendi and kkr and ihc.f yesterday's red e we're in the green. connell recovering from the selloff and doing it in a big way. stocks surging after president trump calls for targeted stimulus and that could help small business, it could help airlines. it is certainly helping the stock market today. i'm connell mcshane welcome to "after the bell." as we look at number, major averages closing near the highs. it is up almost 2% across the board. 530 points nearly on the dow. we get back all of yesterday's losses. we add a little bit more on top of that. we'll put all of it into perspective. cover all of today's top stories with fox team coverage. reporters standing

[closing bell rings] liz: david marcus likes vivendi and kkr and ihc. we rerace all of yesterday's red e we're in the green. connell recovering from the selloff and doing it in a big way. stocks surging after president trump calls for targeted stimulus and that could help small business, it could help airlines. it is certainly helping the stock market today. i'm connell mcshane welcome to "after the bell." as we look at number, major averages closing near the highs. it is up almost 2% across the board. 530 points nearly on the dow. we get back all of yesterday's losses. we add a little bit more on top of that. we'll put all of it into perspective. cover all of today's top stories with fox team coverage. reporters standing by. lauren simonetti watching the market action. blake burman on the white house beat. hillary vaughn on the scene of the big debate, the vice-presidential debate in salt lake city. we'll get to all three of you. blake, with a lot to cover. the first things first. the president in the oval office right now? reporter: he is indeed, conn

[closing bell rings] liz: great to have you, david waddle a confidence guy using a lot of s&p words which we love. we're closing at session lows for the dow jones industrials. time for "after the bell." connell: extending losses after the steepest selloff in more than a month. i'm connell mcshane. this is "after the bell." welcome to the show, everybody. it was a choppy session. the s&p and dow around the lows as we close things out. the dow down 221 points. you have a rising number of coronavirus cases. also uncertainty about the election outweighing some of the strong profit reports that came in and positive economic data that came in as well. we'll speak to the chief economist at the white house about those economic numbers. that is coming up shortly. now the nasdaq is higher, up2 points on the strength we saw in technology stocks. microsoft, the big one to watch "after the bell," releasing quarterly results any moment now. so we'll have live coverage of those microsoft numbers as they come out. plus in the tech world, the ceos of facebook, google and twitter are all set to appear tomo

[closing bell rings] liz: great to have you, david waddle a confidence guy using a lot of s&p words whichession lows for the dow jones industrials. time for "after the bell." connell: extending losses after the steepest selloff in more than a month. i'm connell mcshane. this is "after the bell." welcome to the show, everybody. it was a choppy session. the s&p and dow around the lows as we close things out. the dow down 221 points. you have a rising number of coronavirus cases. also uncertainty about the election outweighing some of the strong profit reports that came in and positive economic data that came in as well. we'll speak to the chief economist at the white house about those economic numbers. that is coming up shortly. now the nasdaq is higher, up2 points on the strength we

with me now, will fred frost, the son of david frost, the anchor of "the closing bell" on our sisterll you give us the backstory on how this interview came to light? >> pleasure to be with you. it's part of the broadcast series "the frost tapes." i delved into the 10,000-plus interviews dad had done in his career and drew out those that have huge relevance to america today. over half of those interviews in the series have not been seen for a generation. some of them never aired at all. most notably, of course, this interview dad did with joe biden, september '87. he pulled out of the race two weeks later before it aired. that's why it never saw the light of day until now. we have an exclusive clip as well to play, which was from right at the end of those two hours when dad was pushing biden on why he got into politics in the first place, why he wanted to be president. >> i really think what's at stake here is building the platform for our children, one upon which they can stand to realize their dreams. in addition to building it, once you build it, the role of a president then, it se

to increase to pay it off i've saved that particular clip for sarah and "closing bell" tomorrow, but it was classic david frost, a two-hour interview exploring someone's personal philosophies. >> it never aired, as i mentioned. why is that? >> well, so dad did a show back then called "the next president with david frost." all 12 candidates, only 11 went out, because biden pulled out just weeks after that was recorded because it never aired, the only copy of the tape was the master tape it very nearly got thrown out. it was found in a storage depot in cleveland and i never knew about until dad passed away. >> what a vault of material. you can hear the full interviews on "the frost tapes" podcast available tomorrow wherever you get your podcast wilf, thank you. >>> a soccer superstar tests positive, and a big bomb explodes. a big bomb >> poland, the biggest bomb found in the country explodes until water, as navy divers tried to defuse itwater, as nav tried to defuse people felt the shockwaves the explosive device weighed 12,000 pounds. the earthquake bomb they called it during the war the british used to s

we get the opening bell at the nyse and the nasdaq. davida hike for the first time since 1982. closed 12 cents above its march low yesterday. and we got oil down again today. i wonder how much your radar is tuned to that. >> royal dutch going the other direction, royal dutch the old rival to exxon, some good things and raised the dividend, which is antithetical to the moment. royal dutch has some good cost controls, after doing some things that were too aggressive. look, this group, you listen to the ford call, jim farley, car guy, says over and over, ev, ev, ev, this is the -- this is one of those moments where you're in the oil business you got to pivot rapidly. you're in the car business, it just doesn't do any good to talk about combustible engines. everyone talks about europe and how you got to deliver and california and how you have to deliver. it is a nightmare to be in the oil business and i just think that we have -- maybe natural gas a little bit better it is still the bridge fuel. we're not hydrogen yet and yesterday ge did have a

carl, happy friday if we can call it that david, let's get the opening bell opposed breadth is weak., the speaker on ms this morning, as we said during the break, waiting for results on her own test, but she adds that she and the treasury secretary are, quote, coming to terms on the price tag. they still have to deal with language in the bill which has not been an insignificant hurdle so far. >> well, look, anything that can make it so that that permanent number is down -- look, secretary mnuchin said over and over and over again we have to have business interruption insurance. those people have to have helped it was no fault of their own speaker pelosi completely agrees it is, as david you know, the states as the sticking point strapped states have not so far been on the president's radar screen as something that you should necessarily bail out. >> no, he seems to think that it's only blue states, those states that conceivably would not support him and therefore he doesn't seem supportive of helping them, but that's far from clear there are plenty of other states, in fact, that we w

[bell] stuart: all right. david, thanks for joining us. we appreciate it, see you soon. t bell, that means we are trading. 9:30 eastern time and right from the get-go we are up, nicely so, thank you. up 117, 109, not quite the big gain we were expecting but i will take it. up one-third of 1% for the dow industrials. and most of the dow 30 by the way are in the green. we've got a half percentage point gain for the s&p 500, nice gain there. how about that nasdaq? what's going on there? it's up two-thirds of 1%. nice gain. let's show you the vaccine makers focusing in particular on regeneron and eli lily, president trump hot on both of their virus treatments, he wants the fda to grant them both, get the products out quickly to the public. both stocks up nicely so, 16 bucks for regeneron, 284, 2% for eli lily, big tech, you to check it always, of course, we have a picture green. amazon, apple, facebook, microsoft, all on the upside. no huge gains, but plenty of green. ibm, i think that's up -- yes. we are not used to this. 6% up for ibm. susan: trying to make it simpler for i

an investor in value is closing his shop $10 billion, it was $30 billion, you know, david, this may be one of the bellging moments, he was very respected in the markets, and i don't know if it highlights the bottom of the trade, guys, but important here, and value has been underperforming growth for years and years. back to you. >> all right, bob, we'll see you in a little while. yields are a story both here and in europe. rick santelli has more on that on another day of fed speak. hey, rick. >> absolutely. carl you raise a great point we can all say that the correlations might not be one to one, but they are there. no matter what sovereign you look at, italy, bunds, treasuries, they continue to move lower, all we're debating is the speed at which it is occurring. here is a week to date of 10s, acknowledging we're closed on monday you can see that the drip continues for lower yields but when you look toward europe, the drip is much more aggressive as you see a three-day chart of the bunds there, they're at minus 62, that's a 7-month low, should they close there. the distance between our yields and the

david asman. i'm for melissa francis and connell mcshane. and this is "after the bell."

david asman and for connell mcshane. >> i am jacqui deangelis, this is "after the bell", we start with fox business team coverage lauren simonetti, blake burman and edward lawrence in washington, lauren were gonna go first to you. >> stocks faded today along with investor hopes for stimulus, let's take a look the broader market up 12 points, the nasdaq up 42 but the dow down 27 and it was wound and turned down to stocks, intel as well as american express, don't miss on earnings, revenue from intel datacenter, customers disappointed, what are the issues plaguing the company and mainly only intel, rival imd closing 3% higher, it mistreats estimates for capital one arrival card issuer, not that one, rally today, we have encouraging news on the coronavirus, not only gilead remdesivir with the first fda approval, but astrazeneca will resume the vaccine trial right here in the u.s., it was good news but not good enough to raise the losses for the week, let's take a look the dow and s&p 500 down for the first time in four weeks, the nasdaq down in five weeks, each off about 1%. apple, not helping out, even though the iphone 1

david asman. i'm for melissa francis and connell mcshane. and this is "after the bell." we have edward lawrence and in washington. reporter: they are scheduled to talk about right now. they usually talk about an hour on these phone calls. there is very slim chance of getting a relief package to help americans by election day. president donald trump said this morning it is political. and house speaker nancy pelosi does not want to help the economy because that would help the president win. his economic advisors say the house speaker packed her package with a lot of stuff unrelated to the coronavirus. >> there is a number of political and idealogical points in that have nothing to do with covid and we don't want to go that direction. if it is targeted right, absolutely. it is not it is not going to work. reporter: even if a deal could be reached the president said he would go above 2.2 trillion, still reaching republican senators for their vote might be a challenge. the president says he would lean on senate majority leader mitch mcconnell to get the votes. it might be a h

david asman and for connell mcshane. >> i am jacqui deangelis, this is "after the bell", we start with fox business team coverage lauren and edward lawrence in washington, lauren were gonna go first to you.

david gergen, as always, thank you. a quick break, before first here is christine romans with before the bell report. >> hi, anna, days before the election investors get a key piece of u.s. data. release first look at third quarter gross domestic product. it's expected to show annual growth of 35% ark huge bounceback from the second quarter. despite that big number, a record, economists caution economy recovering, he's expected the sound of screeching brakes going into the fourth quarter. the latest job benefit data mixed, first time claims feld below 8,000 for the first time since mid march. the number of people on emergency unemployment compensation rose by half a million. that's money for those maxed out on state benefits. big tech in focus. ceos of facebook, twitter, google face a senate grilling. mark zuckerberg, they will testify about key platforms. facebook, apple, alphabet earnings, alphabet, amazon. expectations are high, those are the companies that led the stock market higher. in new york, i'm christine romans. hey, son! no dad, it's a video call. you got to move the phone in front of you like... like it's a mirr

bell? answer four years ago when asked by jay tapper whether he would condone david duke. listen. >> just so you understand, i don't know anything about david duke, okay? i don't know anything about what you're even talking about with white supremacy or white supreme cy ests. did he endorse me or what's going on? i don't know anything about david duke or white supremacists. >> for a guy that watches television nonstop, i know nothing and in 2000 he certainly knew david duke and said the reform party includes a klansman mr. david duke. this is not company i wish to keep. in a moment, we'll speak with susan bro whose daughter heather heyer was murdered. that terrible moment and the president's reaction to it that moved him to run this time but first sara sidner on the move the president can't bring himself to condemn or remember. >> let's go with a [ bleep ] antifa chain. let's start it. rea ready. [ bleep ] antifa. [ bleep ] antifa. >> reporter: the proud boys are known for holding rallies, armed to the teeth, tack tackle gear black and yellow and this is wholly for self-de

but i've saved that particular clip for sara and "closing bell" tomorrow but i think the standout thing of this interview, it was classic davidrm, over two-hour interview, exploring someone's personal philosophy. and the answers, therefore, are kind of timeless whether they were recorded 30 years ago or today. >> yeah. it never aired, as i mentioned why is that? >> well, so dad did a show back then called "the next president with david frost." all 12 candidates. he interviewed six dems and six republicans. only 11 went out because biden, as you said at the top, pulled out just weeks after that was recorded and because it never aired, the only copy of the tape was the master tape. and it very nearly got thrown out. it was found in a storage depot in cleveland that i never knew about immediately after dad passed away. >> what a vault of material. you can hear the full interview and many others on "the frost tapes" podcast that's available tomorrow wherever you get your podcasts wilf, thanks so much >>> a soccer superstar tests positive for covid, and a big bomb explodes in poland as we go round the world in 80 seconds.ab exploi

david. >> mike roman, ceo of 3m. >> quick break, later on "closing bell," we'll have big guests lined up for the hour including twiliot more all starts at 3:00 p.m. eastern time today "squawk on the street" is going to be right back nasdaq is up .6% we're getting a little bit of e sss me roh ovthug thseion. this is the new iphone 12 pro with 5g! and it's on at&t, the fastest nationwide 5g network. now, new and existing customers can get our best deal. really?! mom! at&t has the deal for new and existing customers! i will. so what'd she say? it's the wrong person. it's a guy named carl. but he's very excited and on his way. word-of-mouth advertising. it's what they did before commercials. it's not complicated. everyone gets our best deal, like the amazing iphone 12 on us. >>> welcome back to "squawk on the street." markets are mixed after yesterday's big selloff. industrials, though, as you can see here among the worst performing sectors so far. and that includes the airline stocks that move lower comes on the heels of a nearly $400 million loss from non-s&p 500 component jetblue. they expect an uptick in bookings for

david burke, thank you very much, indeed, for joining us. >>> up next, free speech and free thinking under threat. why this week's extraordinary actions by social media tums versus mozzarella stick (bellrn hits fight back fast... ...with tums chewy bites... beat heartburn fast tums chewy bites at aconnected approachtal, to your health and wellness to help you age actively. with medicare advantage plans designed for the whole you. we offer monthly plan premiums starting at $0. hospital, medical and prescription drug coverage, in one simple plan. plus dental, vision and hearing. aetna medicare advantage plans. medicare annual enrollment ends december 7th. call today to learn more and we'll send you a $10 visa reward card with no obligation to enroll. ♪ ♪ gerry: conservatives have been warning for some time about the danger of end creeping authoritarianism and thought control by the companies that dominate our information flow. when they've done that, they generally get dismissed. this week we witnessed one of the most powerful examples yet in which those precious american values are under real threat. on wednesday twitter and facebook suppressed a news story published by "the new york p

david westin. looking forward to that on bloomberg. ♪ jonathan: from london and new york for our audience worldwide, good morning. about one hour away from the opening bellnew york. we fade a little bit on s&p futures. alongside tom keene and lisa abramowicz, i'm jonathan ferro. with economic data, here is lisa. lisa: housing starts coming in a little bit below estimates, 1.40 5 million housing starts. momentum pulling a little bit, for tickly as we see the wildfire. building permits -- particularly as we see the wildfire. building permits coming in ahead of expectations. aped highlights the k-shpae recovery. people who have the ability to buy a home are doing so. even as we see evictions and rent delays picking up in other regions. piloting the dissidents of this economic recovery. jonathan: what we call? the hamptons manchester -- the hamptons and pastors bread. lisa: greenwich manhattan. jonathan: headlines coming from the president of the united states. he wants a bigger stimulus bill than the democrats. he goes on to say he expects leader mcconnell to be on board if there is a relief deal. the problem is we have not heard that from leader mcconnell.

bell in new york. i am jonathan ferro looking head to the market open. jim keenan of blackrock will be joining us in about an hour. davidjp morgan also with us. asha battier, dan -- ashok bhatia, dan ives of wedbush. bankruptcy. tom: these are guys who do not get up early. i get it. jonathan: just flipping that one out. carry on. are we are thrilled you with us early or mid morning. red and green on the screen right now. with aow barry ritholtz really important conversation. we look at bloomberg wealth and bloomberg opinion, and his skill sets about actually getting through the financial investment storms. i want to talk about product development and the new new. you and i have lived this. .aybe it is esg maybe it is special purpose acquisition company's. whatever it is, you and i know this happens at 11:00 meetings in a skyscraper in new york where six people sit in a room and say what can we do to package a new product to excite people? that is how the game is played, right? barry: that is right come in the history of modern wall street and modern finance has been a sequence of product development going all the way ba

david. how many ways can you make chicken? >> a lot a lot. thankfully >> there's the opening bell pretty nice breath to start the week jim, it does remind me, though, that btig does cut dunkin' to neutral on valuation on the starbucks oppenheimer goes to actionable buy and 101 to 85. i guess there's a splintering of opinions with the food >> mike, starbucks and quite candidly the august numbers were minus 11 and that's somehow being viewed as positive how that can be viewed as positive is fanciful but at the same time, kevin, kj, kevin johnson doing some things to make it so they are taking advantage of all those areas that you see where it says they're kind of boarded up or there's no tenants they can go in and do fast line so that you no longer are going to be cut by the people who have the app. so, there will be two -- watch for two starbucks on one street. that could happen, carl. good stock >> looking at sectors this morning, jim financials up a full percent energy is doing pretty well. i saw wti up about 4%, jim i don't know, does the president's recovery and we're all hopin

bells rang out at churches around the country the suspects in the attack is in custody investigators say he's from tunisia and arrived in europe last month on the italian island of lampedusa well david chase here is live for us in nice david just bring us up to speed in terms of the investigation. yes most of what we know now about the 21 year old to new zealand refugee who made this attack has come from the the chief antiterrorism prosecutor and he's revealed that we saw we brought him we saw we used 21 managed to get into produce from tunisia in the september event appeared here in nice we don't know exactly what happened in between apart from the fact that he was in the port italian port of bari on board an asylum ship and apparently he did put in a request for asylum that was turned down and then he disappeared until he reappeared again and was caught in the cameras of the railway station here changing his clothes before he walks the 400 yards or so to this basilica by me and norms to his attack but there is of course one other. one other development which is of course that the 47 year old man has been arrested here by police. thought to have started the flies thought to have pr

bell? his answer certainly does. here he was four years ago when asked by cnn's jake tapper whether he would condemn david duke. >> well so you understand, i don't know anything about david duke. okay? i don't know about what you are even talking about with white supremacy or white supremacists. so, i don't know. i mean, i don't know. did he endorse me? or what's going on? because, you know, i know nothing about david duke. i know nothing about white supremacists. >> for a guy who watches television, nonstop, i know nothing is his favorite retort. in 2000, when he declined to run for president on the reform ticket, he said in a statement, quote, the reform party now holds a klansman. this is not company i wish to keep. in a moment, we will speak with susan brow, whose daughter, heather heyer, was murdered in charlottesville. but first, our sara sidner on the movement the president cannot bring himself to condemn or even remember. >> let's go with a [ bleep ] antifa chant. let's start it. >> [ bleep ] antifa. >> the proud boys are known for holding rallies. being armed to the teeth, decked out in tactical gear. black an

david westin. tesla has been a rare bright spartan the pandemic with its market value skyrocketing more than 400%. it looks to report a profit for a fifth consecutive quarter after the bell johnson joins us now. thiscould possibly derail fifth consecutive quarterly profit? i don't think the earnings are as important as everybody is putting emphasis on. if you look at the street estimate for tesla, it's around $.35 in earnings-per-share, roughly $.20 of that will be one-time credits that go away next year. they don't need to buy these credits from tesla so tesla will do $.15 roughly of earnings this quarter. annualize that and it's $.60. apply that to their current stock price, you were talking ratio of 700e times when typically get carmaker trades at 12 times. in the european union where you have the most competition for europe are upn year-over-year. tesla cells in europe are down 14%. not only are they losing share but their sales are declining. in china, their sales in china have declined in each of the past three months. they basically stabilized around 11,000 car -- 11,000 cells per month when they are supposed to sell six or 7000 cars. they sold 10,000 last month.

david jones video and focus on your job. >> mesmerizing. >> it is hypnotic, jim let's get the opening bell and a look at -- you were talkingf segments go, jim, i see on i ha they cut best we th street expectations for postpandemic prospects turned to optimistic >> yeah, look, cost pressures, they are -- best buy is in control here they have done a remarkable job. i think people -- look, the opco note isn't wrong headed, but when you need help to buy something, you don't go to amazon you actually go to best buy. and, look, i find if you any what you're doing, you can go to costco, okay, for big stuff. otherwise you can go to amazon f you actually have a question, there is a human being, sometimes that human being works for the company that you're buying something from. but i think that this note underestimates, david, have you done any combining of any goods that are over your head? >> over my head being bigger than i am? is that what you're saying >> that would be the mac but, no, i'm talking about the -- when you have to go and say, look, i understand -- >> you mean actually not something i can understand. >> when i -- i

halfway to the championship david stokes al-jazeera 12 times french open champion the rafa nadal has comfortably bookies place in the 4th round of this year's tournaments the bell dropped only 5 games as he defeated its elisa stefano time on friday and running garrulous the spaniard winning this 1616 $4.00 and $6.00 love. however 2015 champion stand has suffered a shock defeat on friday well number 259. of france eliminated in a 5 state battle just on winning 266363466 love and his reward for pulling off the subsidy is a 4th round meeting with the u.s. open champion dummy. that's what will even follow most sports news later up better than it's very much indeed lara karl is going to be here in a couple of minutes with more on all these stories i'm about to get. north korea isolated and heavily sanctioned yet earning billions around the globe here 39 is involved in everything that makes money for those korea. they carry defray the cost for us so they called us. the money this year and it goes straight into the coffers as the leader said a $2.00 part people in power investigation bureau $39.00 cash for came to on a. 40 years ago on october the 6th when muslims wer

david malpass, the world bank president ahead of the imf world bank meeting. from london and new york, alongside lisa abramowicz and tom keene, i am jonathan ferro counting you down to the opening bellforward to catching up with gerard cassidy. we will do that on bloomberg tv in about 15 minutes. tom: a conversation made more interesting with the distinction between jp morgan and citigroup. always good to catch up with mr. cassidy. right now we diverge to kentucky. tim adams is with the institution of international finance. president and chief executive auster -- chief executive officer. he has reinvigorated the institution. he put a spirit in last year on a debate about our economics and the financial system around it. we are thrilled he can join us. what is it like to pull off a virtual conference after the excellence i observed last year. how do you do virtual? tim: i got up early this morning looking forward to being here with you. we got 70 different sessions over five days, 60 hours of programming. great speakers. jamie dimon, larry fink, it is all about content, just like you. jonathan: i look at your resume. out of kentucky, your work with secretary snow, secretary o'neill.

stuart: a couple of minutes from the opening bell come up 150 on the dow, market watcher david bontonthe dividend guy, that is what you do, you look at stocks that pay high save dividends, give me two high-paying dividend stocks with the dividend safe. >> on the guy that wants high dividends that are growing not just high dividends, they have to be growing, ibm, ibm you told the big news putting out the company, you have incredible balance sheets, low debt, great free cash flow to cover the high dividend for years and years to come, apollo, private equity company, we talked about blackstone, an incredible story there, apollo is another company, it's on their balance sheet, they go out and raise funds for investors in all the manager fees and profits, they're out investing in private equity and real estate and paying a big dividend from the free cash flow, very sustainable and very high dividend that is growing. stuart: let's go back to ibm, what dividend did they pay right now. >> the yield right now for investors is about 5%, it was a little higher yesterday but the stock price went

david gandler. good luck. we will be watching it. fobu tv. the app that is a dream for cord cutters who are just dying for live sports. >>> closing bell, we are about 40 minutes away and the dow continues to hold on to 85 points at the moment, good for a third of a percent. >>> hey, we've got another media superstar on this week's edition of my everyone talks to liz podcast. listen to this question. why would the hollywood executive producer behind the hugely successful "hangover" movies step away from the hollywood scene to pursue a calling in criminal justice reform? who does that and why? one community founder and ceo scott budnick is using his film company to transform lives and bring powerful stories about them to the big screens. he's even got margo robbie on board for the true story of an inmate who fought california wildfires but then was denied the chance to join the fire department when she actually was sprung from prison. tune in to spotify, apple, google for this inspirational story. >>> up next, oil caught in a storm right now. we are live on the ground as hurricane delta bears down on the gulf of mexico. we'll tell you where it

david, s.v., thanks. >>> obviously financial markets are totally on edge over the breaking news as well. we saw declines across europe, asia markets. dow futures down ahead of the opening belle'll talk with that the head of the council of economic advisers, next. that's why i've got the power of 1, 2, 3 medicines with trelegy. the only fda-approved once-daily 3-in-1 copd treatment. ♪ trelegy ♪ the power of 1,2,3 ♪ trelegy ♪ 1,2,3 ♪ trelegy woman: with trelegy and the power of 1, 2, 3, i'm breathing better. trelegy works three ways to open airways, keep them open and reduce inflammation, for 24 hours of better breathing. trelegy won't replace a rescue inhaler for sudden breathing problems. trelegy is not for asthma. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. think your copd medicine is doing enough? maybe you should think again. ask your doctor about once-daily trelegy and the power of 1,

david, sorry, they can do all the subpoenaing they want. nothing. nothing. >> what are we listening to? nothing what >> about the subpoenas, zuckerberg and -- >> got it. the opening bellt the nyse biotech company biomax celebrating its listing anniversary. we're going to speak with the ceo of that cybersecurity firm >> i thought that could be very, very high. >> once owned by intel >> it didn't -- people said it was an early kind of bomb, i thought that be wiwould be a hot thing. security follow that one. >> mcafee. >> yeah. >> still going with the name >> they should go with something else. >> think they would want to change that name already. >> the vault, something good vault charger. >> yeah. >> i don't know. >> secret keeper. >> i like that >> you missed your calling >> csx is better than union pacific. i never thought i would see this day. they boost so much coal, but amazing comps. at one point, it was so good, at one point on csx they were asked about esg. they said are people liking your stock because you use far less fuel than trucks and jim foot, who is just a great guy, he said, actually they like us now because we're competiti competitive. we weren't comp

bell coming up in about a minute's time. obviously the consumers at the center of the investor focus this morning as we got retail sales numbers pretty good today, up 1.9 looking for .8 davidindicator is perhaps the results out of lvmh. you've been following that narrative pretty closely here. the results were not nearly as bad as some suspected when they came out yesterday >> no, you know, it is, as you point out, the largest luxury brand in the world and it is growing the fastest with the exception of dior leather doing very well. can't speak to that. fashion and leather goods up substantially. they did suffer a 14% decline in watches and jewelry. but generally speaking, as you point out, carl, and as the stock is reflecting, it was seen as a strong quarter. reshoring of chinese national spending, continuing to help pace, that's an important component of the overall business there as well and then what does it mean for tiffany, which gave us not quite full results yesterday, but generally positive, certainly on the bottom line, though not a lot of detail, we'll have to wait and see i'm following it closely as you say, carl, and they're getting closer and closer to meetin

david, i change my mind what do you do, sir? >> i just ask questions, that's what i do. >> downgrade of cisco at citi. shifting purchasing decisions which we'll talk about after the break and the opening bella few minutes. before we talk about tax-smart investing, what's new? -well, audrey's expecting... -twins! grandparents! we want to put money aside for them, so...change in plans. alright, let's see what we can adjust. ♪ we'd be closer to the twins. change in plans. okay. mom, are you painting again? you could sell these. lemme guess, change in plans? at fidelity, a change in plans is always part of the plan. >>> take a look at some of the leaders this morning apple is in a poll position almost up 3% here. as we're awaiting the expected debut of what we're calling the iphone 12 tomorrow and how ig is going to incorporate itself into day lives. the opening bell coming up in a couple minutes >>> let's get to our mad dash and minute and a half before we get started with trading for the week pepsi's the name >> five years of relative underperformance to pepsicos the group consumer package goods and nicholas known for years and years and changes her view and says it's time now is the time to

david malpass discusses how a potential stimulus deal in washington could impact the global economy. >> as a reminder, watch or listen to us live on the go on 'll cnbc app webe right back on "closing bellrable design makes it beautiful. state of the art technology makes it brilliant. the visionary lexus nx. lease the 2021 nx 300 for $359 a month for 36 months. experience amazing. at your lexus dealer. >>> welcome back disney responding to senator elizabeth warren's criticism of the company. julia boorstin has details for us. >> that's right, disney responding to a letter from senator warren, asking the company for details on the announcement of layoffs, stock buybacks, dividend payouts and high executive pay may have exacerbated current problems disney released a statement saying, senator warren's misinformed letter contains a number of inaccuracies we've unequivocally demonstrated our ability to operate responsibly with strict health and safety protocols in place at all of our theme parks worldwide with the exception of disneyland resort in california where the state has prevented us from reopening even though we have reached agreement. they're using this to justify their layoffs wher