dow futures of 83 points. >> i was looking about the dow jones was sunday night teams. you how low we've gone. down a solid 2%. trade to remember when their triple digits and they said oil would never be double digits again. gold 1139 a troy ounce, down slightly. transfer the dollar trading against key currencies. the japanese yen this morning. sandra: the treasure is a kick up the morning looking at 2.15% up slightly. lauren: and intense being hunted northern illinois after a police officer was shot and killed. fox lieutenant joseph on the list is chasing three men involved in suspicious at 230 yesterday morning. >> he advises radiocommunication he was out of three suspicious subjects. to my wife and one male black picture is thereafter botanic glenna woods informed he was on a foot pursuit. it had lost contact with him. lauren: the lieutenant was buried with four children. his death is the third law enforcement fatality in illinois this year. sandra: turning to politics, carly fiorina are expected to get in the main primetime presidential debate hosted by cnn later th

remember yesterday we were cheering dow 18,000. you have the dow priced at 16,027. one of the biggest problems declining oil, after a three-day rally, oil broke down 8%, and i'm standing in front of the exxonmobil post. you can see shares down 4.5%, trading at $71.78 per share. the drillers, main line oil like exxon and chevron all down because of the fear that oil will continue to fall precipitously. you have the china slowing economy story weighing on oil. fact we're flush with supply. have you christine lagarde saying the markets stand to suffer possibly the most because of the slowing economy in china. oil is the substory, if you will, and it's just not stabilizing. we thought we were through the worst, a three-day rally. not so. into some of the more secure assets like gold and treasury but what's interesting is you're seeing as big secure assets as you may have seen in previous risk sessions and to your point, you've been talking so much with your guests about the idea that people are holding onto cash, cashing out of positions and waiting for the dust to sett

dow down 495.decline to kick off the month. 23 days ago china decided to devalue the yuan and sent markets into a tailspin. >> the impact on other currencies has been equally impactful. >> worries about slower growth moved far past china. over in the last year, brazil and russia have felt it the worst. the ruble lost 44% of its value. we are talking about the world seventh and eighth largest econo economies. they are both dependent on china for trade and both sitting in recession right now. that combo at the same time that the fed may be about to hike rates would make matters worse. you are seeing money pouring out of emerging markets across the globe from turkey to malaysia to mexico. those weak currencies don't help. south korea reporting exports felt 14% last month. the sharpest fall since the financial crisis. the currency lost value from a year ago. doesn't help much if china isn't buying as much. all this spells trouble for the global economy. christine lagarde hinting overnight it may lower

that's when we started to see the dow lose the gains. the dow is up 75 points. had been up 188. >>> as we look at the markets, that leads us to our next question, it's a perfect segue to john lonski of moody's and sam stovall of s&p iq, both of you have been in the business a long time. we're seeing what ben willis put out a note, a floor trader and said we're stuck in a very distracting bearish triangle where we start to see triple digit moves up or down with the dow jones industrials and the dow can't break out of that. should investors be watching that or something else to make money? john? >> i would say this is highly unusual. volatility is king. fundamentals are merely peasants right now. looking ahead. i really can't see what's going to improve the outlook by enough to significantly improve prospects for equities or for that matter of corporate bonds. this recovery is getting old. and we know, we've been told time and again that the federal reserve is not going to come to its recovery by cutting rates, if anything, the fed is going to be hiking rates. so

dow futures up 260. nike, dow component looking good today as well.lot of names on the fortune's latest 40 under 40 list. a few of these surely will stand out for you including taylor swift, right? big singer. famously got apple to reverse its stance not paying artists for music streams. jessica alba, actress. founder of honest company which was recently valued at $1.7 billion. a lot of natural products. mixed martial art activity fighter ronda rousey is making cut. along with host john oliver. and fitbit ceo. those are some of the names. nicole: i went through the list. i didn't recognize a lot of the names. but they're young. so they have -- lauren: a very varied list. nicole: those were recognizable ones. looks like sir elton john and russian leader vladmir putin play actually be meeting. sir elton knows exactly what i want to discuss as putin's ridiculous, quote, attitude towards guy rights. -- gay rights. remember someone pretended to pull a hoax on sir elton, when you putin found out that happened, called elton john, said yes, let's meet. i'm re

the dow is down 350.ow a fed rate hike could be positive for the markets. >>> here's your news update. the defiant county clerk in kentucky has denied a marriage license to another gay couple. she stopped issuing licenses the day the u.s. supreme court legalized gay major. >> hillary clinton was aware of the need to protect e-mails. it made public more than 7,000 pages of the e-mails last night. an israeli raid turning into a gun battle. they surrounded a use and after calling on the operative to surrender, they demolished the house. hundreds of palestinians rioted in the area. >> and members of the iran's not changing their policy toward the u.s. saying it remains iran's number one enemy. that's your news update this hour. back to you. >> thank you, mary. welcome back to "squawk on the street." u.s. auto sales trickling out. ford and gm and chrysler coming out better than expected. >> for auto investors, this really hasn't been a market where they've been able to trade on auto sales. in other words, even

dow futures to 22.and breaking news. ♪ lauren: u.s. teachers down to 22. if you're looking at the dow, 28 at the s&p. 72 for the nasdaq. nicole: willing nelson and a private equity farm are teaming up to sell pot. it is leading an investor group financing willie's reserve cannabis brand and set the path will be for sale in colorado and washington and other states as regulators allow. other backers make an institutional investor. let's do some spores. lauren: the nfl game threw two touchdown -- the jets defense forcing five turnovers for the jet are too sick for the time since 2011. john niche one for the first time in a month in the new york mets are one game closer to the nl east title. the mets beat the braves were conducted last night. went three for four and has two doubles. michael belted a solo home run. six shutout innings with the nationals game rained out. the magic number is seven. 12 games left. lauren: the complete of pastors, come on. we will be right back. ♪ nicole: a final check of always

a lot more than the dow, weeping eye own the dow . >> nine out of 0 dow stocks.loss in over a month. heading into the closing bell. look at this. david: nasdaq over 3% to the downside. wow. you wow. look where we're ending day. look first, at all the dow. melissa: looks ike we'll not break below 16,000. that is one of the main things we're looking at. right there. david: just settling 300 to the downside. the nasdaq is the story. i don't know if you put up nasdaq numbers on the screen right now. look at that we're over 3% down on the nasdaq. i mean dow jones is nothing to write home about, except for bad newsletters. down about 2%. a full percentage point operator greater to the negative side. oil is down. gold,. come mint from the head of new york fed

up 190 on the dow. before we go there and go minute-by-minute, some would say play-by-play, the markets, i want to talk about something a little more important, and people agree with me, as fans are waiting for the final decision in the tom brady deflategate scandal. that's not what's it. that's not what's more important. fantasy football is the word of the day. down here, i hate to tell you, on the floor of the new york stock exchange, have you people scouring their spreadsheets, setting up teams for the year ahead. how does the brady decision impact the fantasy lineup for the year? suddenly people are paying attention to our closing bell show and from forbes, mike ozannian joins the "countdown" right now. should we draft brady or not? >> draft him. he's cheap right now. as the great woody hayes would say coaching ohio state, looking at it from the nfl and roger goodell, there are three possible decisions, two are bad. it could be a stay on the suspension or could rule in the favor of brady and there's

the dow down 27.e watching "fbn:am," your first look morning markets and breaking news. ♪ it's more than a network. it's how you stay connected. with centurylink as your trusted technology partner, you get an industry leading broadband network and cloud and hosting services. centurylink. your link to what's next. hi mi'm raph. tom. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your back. legalzoom. legal help is here. lauren: u.s. stock market futures this morning looking like this. dow down 38 points. s&p down 4 and nasdaq giving up 14. looks kind of stable for now, nicole. nicole: clear your friday nights. i love this story. this is something he never heard of before. my husband and children will sign up for this because videogame tournament are coming to prime time television. next year tbs is launching a tournament league for video game players and fans of the ca

dow is up 125 points. ♪ i say we go all in on the internet of things. what we're recommending as your consultants... the new consultants are here. it's not just big data, its bigger data. we're beta testing the new wearable interface... ♪ xerox believes finding the right solution shouldn't be so much work. by engineering a better way for people, process and technology to work together. work can work better. with xerox. >> nicole: looking good, 1% for all major averages. we are waiting on friday for the job's report. flooding fears, tropical storm joaquÍn strengthens. we are going to meteorologist marÍa molina. sometimes you don't know. what's the worst day for new york? >> maria: we still won't know in terms of landfall. we are midweek here and if we did have landfall from the storm system, we are talking about late this weekend, potentially even next week. we have a lot of uncertainty. the storm is intensifying. you could see it's just started to look a lot more organize in the atlantic. hurricane warning

the dow futures down 100, s&p down five handles imap appears that the dow 29.anwhile the president of china meets with leaders like apple ceo tim cook. nicole: volkswagen ceo under fire and 11 million of its cars may be affect by the admission scandal. stop is in a third of the value over the last two days. lauren: sadness breaking overnight. the sports world mourning the loss of yogi berra. we will have the story. welcome to "fbn:am," your first look at today's markets, the latest breaking news and what to expect for this stay ahead. lauren: baseball legend yogi berra has died. he spent generations of major league as follows one of the most elaborate figures ever to play the game. he was born laurence peter bara and went to be on 10 world championship teams. he was mvp member of the baseball hall of fame. he managed both the yankees and do not. altogether yogi berra went 21 times as a player, coach and manager. also well-known for his saying such as 90% of the game is half mental and dÉjÀ vu all over again. it ain't over until it's over. yogi berra was 90 year

the dow is down 2%. we want to show you what is after postingil its biggest three-day rally in 30 years. it is off by 4%. that's get straight to matt miller for that. there, i am just sitting at the terminal logging into it, olivia. cominglooking at i.ssm out right now and i will bring it to you momentarily. i just have to run my fingerprint scan, and -- olivia: matt miller is logging into the terminal. the 1.1x is down to down to 51.7 in the month of july. 51.1.m i want to bring in michael mckee, he joins me now onset. michael, a little bit of disappointment from the ism index. where does this tell you about where we are in the u.s. recovery story? big drop insaw a next bird orders for the month, which is what you would expect. the interesting thing about the most recent trade and gdp data is we do not see a fall and experts. everybody was waiting for that. we did not see a fall in exports. the production index falls. the quarters gauge is the weakest in more than two years. the fall could be related to

the dow down 283. story of the day, the tone was set before the bell that mixed labor market repeating just less than two weeks before the crucial fed rate decision. while the unemployment rate kicked down to 5.1%, which was the lowest since 2008, the economy added just 173,000 jobs in august, which was just shy of expectations. plus correspondent peter moore is going to have us unpack. hey, peter >> well, hey, lori, 173,000 jobs last month was the slowest pace of job creation in five months with a chunk of government hiring instead of the private sector as state and cities fell 33,000 education positions for the start of the new school year. and some of the volatility and foreign economies like china and in markets and from the drop in oil prices hurt manufacturing like down 17,000 positions and mining, which includes oil production, cut 10,000 jobs. retailing and construction. were also soft. and despite a healthy three-tenths of a percent jump in hourly wages last month, workers earnings remain stuc

now we watch the dow, nasdaq, s&p to the upside. the dow up 40 right now. lauren: oil and gold. snapback stand for the dollar friday bread into this morning as well as the euro, the yen in the u.k. pound as well. lauren: the yield on the ten-year treasury 2.16%. folks talking about the german boom today. and politics, a major controversy of republican presidential candidate ben carson's comments. during an interview, it should matter to voters and islam is inconsistent with the constitution. this is his answer. >> i would not advocate we put a muslim in charge of this nation. i absolutely would not. lauren: one of his rivals, john kasich was also less of a would have a problem with a muslim becoming president. here is his answer. >> that is such a hypothetical question. the answers at the end of the day you've got to go through the rigors and people will look at everything. for me, the most important thing about being president is to have leadership skills, know what you are doing. lauren: meanwhile, carly fiorina gaining some serious steam since last week second gop debate. a n

dow up 339 points.are trading at 16,446, which is the number i was saying about two weeks ago before i went on vacation. >> we are glad you're back. disney, nfl and verizon changing things up to attract core cutters. will viewers tap in? julia boorstin will have the details. >> john bussey is in the house with his take on china and whether its resources are deep enough to fix its economy and markets. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. >>> welcome back. keeping an eye on markets with a half hour to go in the session. another strong day. dow up 338. industrials leading the way. those utilities which were the leaders or biggest decliners during a lot of that volatility, telling you it did have to do with rates today in the middle of the pack. nicely we moved on from that theme. >> transports have come back, as well. that's one green shoot he is looking at right now. >> sitting out today's rally is netflix. losing ground for the sevent

the dow is called to move lower by over 400 points. do you think that will be more attractive as we see volatility rise in september? >> we have to separate market risk from credit risk. but the question is does that fundamentally translate into deterioration of credit and while we think that there are vulnerabilities in the space for credits, many other companies that have stronger credit characteristics or operate in more stable sectors will weather the storm quite well we think. >> i want to bring it back to europe and where the qe is working here. some has picked up quite nicely and that made some of the equities and corporate credit look attractive. what about longer term effects. have we seen capex pick up from economies? is this going to have a lasting effect? >> that's been the missing link in terms of the sustainability of the recovery and we've done a lot of research on capex globally and it's been a strong headwind by virtue of the fact that it's from the energy and commodity sectors. from here looking into europe for the ne

the dow futures point to a much higher open.st few minutes live on your screen now looking at a potential 300-point jump when the markets open at 9:30 a.m. eastern time. >> stocks in china rally the first time in five days on speculation state backed bonds were buying chinese stocks. stocks in japan fell after the country released economic data showing the economy they are shrinking. >> in europe, take a look at stocks opening higher on the backs of the gains in china and better than expected economic news out of germany. the indexes all trending higher in trading higher as they move into their afternoon. nicole: crude oil prices slumping amid a slowdown in global growth. 4521 down 1.85%. cheryl: gold is actually flipping over night. as you can see down just a fraction. 1120 and change. nicole: the dollar overnight. the euro, pound -- the euro has changed. that is changed over the last 15 minutes or so. the pound, canadian dollar mexican peso stronger. >> yields in the 10 year treasury bond rising overnight. 2.15%. welcome to "f

the dow down 1.6%.down 272 points on the bell there. 1.5% decline on the s&p. 1% decline on the nasdaq and crude down 1.7%. tough week for all the major averages. nasdaq gave up 3%. bertha coombs joins us. >> another wild ride. another roller coaster week. today we ended down at the lows of the session just off of that. apple continuing to contribute to that down side move. apple had kind of been broken and broken through technical levels before all of this volatility. basically saw the markets wipe out whatever little gains they got last week on the nasdaq. the large cap nasdaq 100 indexes, they are down more than 10% from recent highs in correction territory. you got among the nasdaq 100 a lot of those stocks, large cap stocks are in bear market territory. nearly half up about 45%. among those is netflix. i look at netflix. it embodies the sea change in sentiment. down about 15%, over six straight losing sessions. by comparison, last year in march, netflix fell 11 days in a row, but it lost half that

but what if the dow tracked oil?bert has been crunching the numbers and this is how bad it would be. the index would be around 1,000 points below where it is now and between it's lows and highs there would have been a range of nearly 8,000 points. the dow's actual change this year is a little over 2,600 but the correlation between stocks and oil has been very interesting over the past couple of months. what's also been a big part of the discussion is the factors impacting the price of oil. not just the supply and demand equation but keeping into account the stronger dollar. when iranian oil will come back and the other big question is if saudi arabia will cut production. that's resulting in a lot of uncertainty as to where oil prices head from here. >> but also a lot of speculation as to whether opec members will be making deal with nonopec members which i don't know if you're a slight cynic you might think that we're overblowing those comments and interpreting where we maybe shouldn't be interpreting as well. in ter

dow down 62 right now. ♪ki and technology to work together. improving how the world shops, travels, pleases customers, learns, banks, and stays healthy, so... life works better. work can work better. with xerox. when account lead craig wilson books at laquinta.com. he gets a ready for you alert the second his room is ready. so he knows exactly when he can settle in and practice his big pitch. and when craig gets his pitch down pat, do you know what he becomes? great proposal! let's talk more over golf! great. better yet, how about over tennis? even better. a game changer! your 2 o'clock is here. oops, hold your horses. no problem. la quinta inns & suites is ready for you, so you'll be ready for business. the ready for you alert, only at lq.com. laquinta! >> nicole: takes top spot. it is not a bird, it is not a plane, it's a lunar eclipse and it was outside your window since the first time back in 1982 last night. total lunar eclipse combined with a supermoon. it was a full moon, possibly get to the earth. d

after the dow served 300 points yesterday, dow futures are higher. the dow serving 79 points in the premarket. s&p gained eight-point at the s&p up 22 points. nicole: in other asian markets are posing some gains. the nikkei and the possibility of barrels. in making up a half of 1%. train for europe stocks open higher ahead of a central bank meeting. nice gains of more than 1.5% in london and paris and germany. nicole: key commodities, let's kick it off with oil. moving to the downside about a penny. looking at gold right now at 1132 h. rayon spirit lauren: this is how the u.s. dollar is trading against currencies ahead of the european central bank. the euro .12 versus the dollar as well as the japanese yen this morning. nicole: checking the 10 year yield. 2.19% right now. welcome to "fbn:am." looking at what is moving in today's markets, latest breaking news, what to expect the day ahead. lauren and i have you covered. lauren: we do. hillary clinton, former chief of staff cheryl mills will be questioned by the house committee today. the former aide t

we're seeing dow, nasdaq and s&p under pressure off earlier lows. dow down 32.. you're watching "fbn:am," first look at morning markets and breaking news. ♪ lauren: let's get you caught up on market action this friday morning. u.s. stock market futures looking a little better than they were before. s&p off four. nasdaq down 15. nicole: all right, folks, turning to sports, tom brady led the new england patriots over the pittsburgh steelers last night. brady's "deflategate" suspension had not been overturned by a judge he would have sat the game out. he played, threw four touchdowns. three of them to rob gronkowski. steelers were no match for brady's arm, lost 28-21 in nfl opener. the before the game patriots unfailed their fourth banner. the game was not without controversy. pittsburgh coach mike tomlin that steelers coach headsets were picking up patriots audio for much of the first half of the game. you need that audio. u.s. open postponed by rain will start this morning. the first half is at 11:00 a.m. eastern time between the number two-seed, halip of romania

take a look at dow, all 30 dow stocks are down. coca-cola the least worse, down 1.3% and exxon mobil the worse following on the back of the oil conversation and here's what's moving at the nyse right now. bank of america, very widely owned name and getting sold off as well. a little less widely owned. that stock down about 4%. we're going to head to break, but don't you go anywhere. we're back right after this. >>> here is this hour's power points. august anxiety carrying over into september. we begin this month with a huge selloff and stocks have their worst quarter since the first quarter of 2011. tiffany, jp hunt, transport, plum creek timber and duke energy and bright spots out there if you know where to look. sun edison up about 10% and retailer cabella's is up about 2% as well. if you missed any of the big stories in the past hour go visit our site at powerlunch.cnbc.com. brian? >> crude oil continuing its recent series of wild swings. take a look at these moves over the past week, or listen to me tell you them. yesterday we

dow futures up 53 points.u are watching "fbn:am" come your first look at morning markets this thursday morning and breaking news. stay with us. ♪ hi my name is tom. i'm raph. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your back. legalzoom. legal help is here. ♪ [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ [ birds squawking ] my mom makes airplane engines that can talk. [ birds squawking ] ♪ my mom makes hospitals you can hold in your hand. ♪ my mom can print amazing things right from her computer. [ whirring ] [ train whistle blows ] my mom makes trains that are friends with trees. [ train whistle blows ] ♪ my mom works at ge. ♪ nicole: breaking news this morning. japanese stock traders after yesterday's 8% gain starts falling backwards into%. good morning. i am lauren simonetti. nicole: and i am nicole petallides. i'm not much of an impact so

dow up 129 points. the big board showing real strength but the level on the s&p they blew through and came back down to 1993, an important level here. we were at 1995 just a few minutes ago. watch that one. need to close above it to show bullishness according to the traders on the floor. s&p 500 showing the biggest two day gain since august. i mentioned this at the top of the show, when you see a compilation of two great trading days in a row, maybe the fed will think the markets can handle a tiny rate hike. we won't know until 2:00 p.m. tomorrow. >>> the embattled former ceo of ms global, the bigwig over at goldman sachs? corzine is fighting civil charges of course from the commodity futures trading commission, now we are learning the former senator might be make moves to ensure he can get back into investment banking. fox news senior business correspondent charlie gasparino here now to break the exclusive details. >> and point out mr. corzine was a former u.s. senator from new jersey as well as govern

it's not looking as bad dow 42. a.m., first look at morning markets and breaking news and get cup of coffee, national coffee day. ♪ ♪ ♪ when broker chris hill stays at laquinta he fires up the free wifi, with a network that's now up to 5 times faster than before! so he can rapidly prepare his presentation. and when he perfects his pitch, do you know what chris can do? and that is my recommendation. let's see if he's ready. he can swim with the sharks! he's ready. la quinta inns & suites take care of you, so you can take care of business. book your next stay at lq.com! la quinta! >> nicole: breaking news this morning, asian stock tumbls. good morning, everybody, i'm nicole petallides. >> lauren: we are seeing a slight recovery down 34 points after taking 300 yesterday. >> nicole: that's right. all looking down 2-3%. shanghai 2%, nikkei 4%. what a big selloff. >> lauren: european stock opening sharply lower, still down but not nearly as much as they had been. half by 1%. same losses in well as germany. >> nicole: in p

the dow up 150 points. domini chu is looking at some of the bigger movers. >> off its best levels, up 160-plus points moments ago. the dow industrials up by about a percent. we are near the best levels of the session so far. we just heard sully talk about apple and does it still have the wow factor, today it is the best performing stock in the dow. up 2.33% right now. pfizer and merck, leading the way higher. utx and walmart are the only two decliners so far. >>> let's get some five-star investing advice from someone who's betting on autos and the consumer. brian, good to see you. i see your fund year to date is flat which doesn't sound great but it is still better than the s&p and dow so far this year. considering tepper said this morning, this is really an individual stock picking moment. what are two stocks that you've recently added to your fund? >> well, i believe you're right at the hennessey focus fund, we own about 22 securities. we're very selective in the stocks we pick. today we're interested in

maybe up 100 points for the dow industrials, let's see if we hold 16,000 as a baseline for the dow industrials. you'll find out here. perhaps this is the reading nor the card, china closed. it's a holiday with a parade in beijing showing its muscle and shutting down the stock trading. europe woke up to shocking images, a boy was drown off the shore. and a million tried to get in. the political issue of the day here, will donald trump mount a third party campaign? he meets with a vice chair today. and more on the clintons. "varney & company" is about to begin. >> ab first this, that is cheryl mills, hillary clinton's deputy chief of staff when she was the secretary of state, arriving for her testimony before the benghazi select committee. it's going to be held behind closed doors. and will be testifying for most of the morning. and she is testifying, and here is a an aide of hillary's and he'll plead the fifth. he told three congressional committees he'll invoke his right to the fifth amendment. let's get to the markets, look at dow futures, where are we going to open today? up about 90 points,

the dow is down over 400 points. scarlet, you are looking at stocks headed for their worst quarter since the fourth quarter in 2011. all s&p sectors are lower and likestocks -- something four s&p stocks are not in the red right now. scarlet: this is another way of illustrating what the moving has been like today. 218ad our low at about p.m., so about 40 minutes ago. we have come off of the worst levels of the session, but really a down day. today on an intraday basis, it has flown more than 400 points. howive you an idea of things are over the last couple of months, this is a year today -- year to date chart of the doubt, s&p 500, and the nasdaq. it was all kind of copacetic until it kind of sellout. we went down, came back up, and are on our way down again. alix: a big part of this move was about oil. energy stocks got hit the hardest. if you talk to investors, it oil pricesthe lower not truly reflected in the stocks. they thought it was kind of a one quarter off situation. we did see that rally, and now we are seei

the dow is currently off by 266 points. the s&p is down by 41 and the nasdaq, look at that, a 2.6% drop, 125 points being shed off the nasdaq. all three are now in correction territory. let's get more on the trading action on the floor of the stock exchange. it's a pretty ugly day, it really feels like the market is having a lot of difficulty finding its footing. >> a number of different factors at work. you had the weaker close over in europe. you also had the disappointing industrial production or industrial profit numbers out of china today. add to that the weakness, the continued weakness in the commodity space. oil is down. hasn't broken through that $44 level but you're also seeing weakness in zinc and copper, et cetera, and gold today. all of that is keeping pressure on the markets. the s&p also breaking below that 1900 level. people were watching that. right now we're watching the russell as well below that 1100 number as well. one of the reasons we've seen weakness is the pullback in biotechs. those are the sectors

the area on the dow is 15,516. that's correction territory for the dow jones industrial average and we're below those levels right now. goldman sachs received an upgrade from bank of america. boeing trading to the downside. weakness in the oil or energy sector. chevron among -- or the weakest player within the dow 30. consumer discretionary getting a lift from strong gains we are seeing in netflix. technology also higher thanks to continued strength in the chip stocks which we saw yesterday. trading to the downside, cons e consumer staples and utilities. bond yields are anner alternat to the two bonds at this time. as bobbed yields go higher investors might move money into there and take money out of utilities. the dow holding on to a 17-point gain but certainly well below its best levels of the day. >>> 10-year notes up for auction. >> hi. the treasury reopened $21 billion in 10-year notes. bid to cover ratio was stronger than recent averages at 2.70 to 137 indirect bidders, 57.5%. direct bidders 13.8%. it was a l

. >>> it is one of those days, the dow down 337. really nothing working for most of the session, as we get another sign that the global slow downcontinues, whether it's china pmi, jarngs cap ex, korea exports and here in the states, our ism, a two-year low as the dollar continues to rise and global demand falls, new orders down. employment down, energy not working. financials not working, some of the volatility may lead some to believe the fed will not move in september. energy falling after yesterday's rally in crude. some of the biggest losers include exxon chevron, ge, jp morgan and microsoft. art cashin joins us. walk me through the volume picture and why it might matter today, if at all? >> the first day of a new month. ordinarily it's prejudice to the upside. new money for the new month coming in. so far, it hasn't had a shot. it will be very important to see what happens on the close. to see if money starts kicking in. but right now out of concern and sympathy for markets and other countries, as well as crude which was in bor

dow was down 320.ney & company" after this. :. . >> he makes lots of big, big claims that do not pan out in the end, and i think a lot of americans will looked at president's alarmist rhetoric and say even if we ought to do something about climate change, a, can america do it unilaterally without destroying the economy, and b, is he telling us the truth. to the second question, lots of americans have tuned him out. stuart: there you have it, by it benson on america's reaction or his reaction to president obama on climate change. he's in alaska right now doing the climate change thing, so to speak. >>> viewers have been writing in on various subjects. first off the 2016 presidential race, john said this -- good point. paul says -- cheryl, no buzzer for you yet! >> i know! where am i. stuart: what do you got to say, trump's putting it right out there. >> i reiterate my earlier point. this is great entertainment, and discourse, but i don't think he's going to go. >> he's great for the process. stuart: he'

dow, nasdaq and s&p all down this week.s lower, a bit surprisingly, 10-year treasury yield is not spiking either given all that's gone on. it is down fractionally but buyers aren't coming into treasuries is the point. all of this on the heels of this morning's jobs number showing a drop in the unemployment rate to 5.1%. though the job growth number did miss the consensus headline. joining us now, a murderer's row of irnt electrici of intellect. larry kudlow, ron insana and steve leisman. >> this is a nobel prize winning crowd. not you, brian. >> larry, the job number, 173,000. i know it missed the headline estimate. but 60-some months of job growth. >> i think it is mediocre number. by the way, 37,000 came from government. private jobs only 140,000-some. very mediocre. participation rates are still very low. depending on how you calculate it, you could be 6 million jobs short of the long-term line. could be as much as 12 million jobs short. it is better than nothing, i agree. you're rising into a modest recovery. i'll talk

the selling accelerating dow futures now down nearly 300 points. the dow futures are up 272-point.&p futures down even more. sinking more than 2%. we've got our eye on this for you. we have more coming right up. sure, tv has evolved over the years. it's gotten squarer. brighter. bigger. it's gotten thinner. even curvier. but what's next? for all binge watchers. movie geeks. sports freaks. x1 from xfinity will change the way you experience tv. sandra: i think this might be the first day of fall. today, tomorrow, something like that. but follow the way, prices of pumpkins continued their slide. i asked viewers to tweet but they were seen in their home state and manager replied. robert said prices at the pump in tucson, arizona up $1.99 a gallon. can a treated in $1.83 in kentucky and the winner for lowest gas prices goes to check in ocean springs mississippi with $1.77 a barrel. without the pictures and without the treats. so fun standing by at cme. he loves to talk about gas rises, too. i was getting so many pictures of people sending me gas prices at one point i looked down and i s

look at the dow 30. all of the dow 30 stocks are on the upside of today.ack. looking at apple, amazon, facebook, netflix. ralph lauren is stepping down as the ceo of this company. old navy executive better replace him. it is up 13% on that news. gap, which runs old navy, is down. crude oil. a big buildup in the supply. the storage of oil in our country. $4 million extra in a week. that could be the price of crude holding steady. $45 a barrel. how about gold. where is it? down $14 an ounce. look who is here. i am shocked. i want to talk gold. on a day like this, action in israel in israel and gaza, i would have thought that gold would have gone up. it is down 14 bucks. >> you would think so. gold has really changed its complexion. now, it has become a momentum investment. when you see these things happening, being that the markets are growing so used to this geopolitical turmoil, wars, all of this chaos, gold has not had that impact as it once was. stuart: you need a big jump in inflation. what you need is a company to failure of central planks. controlling

let's start off with the dow. with the recent sell skrof some stocks, dow stocks trading at their cheap jest valuation in years but it's not necessarily the names you might think. dom chu has the details back at headquarters. dom? >> investors and traders are looking for discounts in blue chip stocks, so they're looking at the dow and there are some deep discounts valuationwise to where these stocks have historically traded over the last five years. the team at cnbc pro took a look at these dow stocks for those deep discounts. goldman sachs currently trades around a 10% discount to its historical valuation. apple, a near 14%, 15% discount. travelers, caterpillar also trading at those deep discounts. the single dow stock that trades at the biggest discount to its five-year valuation, shares of united technologies, around a 20% discount on a price to earnings basis over the last five year average. now, that's the discount side. the single dow component that's head and shoulders trading at a bigger premium valuation

dow futures down more than 300 points in that they are down 351 points. looks like another wild ride after story 8% yesterday, crude oil prices backing down a little bit in overnight trading down about 3%. the latest coming out. you're watching "fbn:am," your first look at morning markets in breaking news this tuesday morning. ♪ sandra: breaking news this morning. manufacturing data showing a slowdown there continues. smacking down global markets. i am sandra smith. trained hard i am transfixed as stocks in japan hammered on the news out of china. right here in the u.s. doing it in a good way. dow futures thinking 376 points after giving up more than 1100 points in the month of august. s&p and nasdaq each down by 2.3 m. 2.4% respectively. sandra: and japan, the nikkei average losing nearly 4% there. lauren: it's ugly in asia and in europe. stocks under pressure once again. this is what it looks like. germany bearing the brunt of the losses down almost 300 points. that is 2.9%. if you say losses of two and two thirds of a percent. sandra: a wild day for oi

the dow and s&p and nasdaq down more than 10% this quarters alone, looking at the dow, goldman sachs shaving 42 points, it's the biggest lag guard from a point perspective, bill. >> how many years have we been waiting for a 10% correction, and, boy, are we getting one now. let's look at a couple of movers. media general surging after broadcaster next star offered to buy the local tv station owner for $14.50 a share. next star's previous offer was rejected last month, media general agreed to sell to competitor meredith processing, the next star deal would create the second largest tv operator in the united states. >>> alcoa is bucking today's downward trend, the aluminum maker planning to split itself into two bubble clee traded companies next year, one of them will keep the alcoa name and continue its legacy commodity business, the other company will include it's tranls portion and construction business, what alcoa calls its value-added basis and ceo clause kline felled will run that new entity. >> if you've been to starbucks, wendy's or pan ra recently you have used products made by

the dow industrial exped

earlier the dow was down 288. so this morning all 30 dow stocks were lower.ow little bits of spring green here. we've got dupont, general electric, johnson & johnson and walmart, the four moving to the upside for the dow jones industrials, but still down one full percentage point. >>> you heard it here first yesterday, minutes before scott walker announced he was suspending his campaign, fox news political analyst and former principal adviser to president reagan ed rollins was on the set. he said walker's exit would be imminent. listen. >> is governor walker one step away from being the next perry? he's out? >> governor perry was governor for 14 years, governor walker's campaign is in terrible shape. he may drop out in the next day or two. liz: that's breaking news, you say as early as tonight scott walker will be out? >> i will suspend my campaign immediately. i encourage other republican presidential candidates to consider doing the same. liz: why do the same? because he then said that way the ones who are left standing take on the quote front-runner, that

dow opening 109.etflix, that's been a loser recently, where are we in a down market. 2% lower at 98. amazon has been around, dropped below it this morning. 4.98. outside technology, wal-mart, 64 down this morning and caterpillar, a loser recently, it's at 73 now, and it's a dow stock and now it's down a buck 30. mcdonald's around the per share level. not much with that stock. how about intel? there's something going on. >> take a look, i've been watching this two years ago, 23, 24 a share. and now it's trading at around 28 a share. you love dividends and this was a stock that had consistently paid a dividend for several years, up at 3, 3.3% dividend yield, but they've just invested big time in quantum computers and it will take several years for this to come to market and this is the equivalent of vacuum tubes, to the computer pit, if they can do this, what a bargain. stuart: what, 3 1/2% dividend? >> he lit right up when he said the word dividend. stuart: in a down market all over the place if i can

markets mixed with the dow.w inching higher to close above 16,000 as closing bell sound on wall street. here is look where we are ending the day right now. you can see there, the dow, up about .3 of a percent, 44 points. s&p up two point. nasdaq composite sinking after a terrible day yesterday. adding on to that crude oil higher. david: nowhere near making up, even though it did end in the green. looks like nasdaq is flirting with the negative side here. stocks maybe mostly flat today but buckle up. billionaire investor carl icahn is issuing a dire warning of danger ahead for markets. he is not alone. listen to what harry dent told st

we do have the dow off the lows of the session, i want you to know that the dow is down 327, we're downke it, guys >> only 312 right now. boy, it is a major market selloff. right into the close. 300 points and greater down. suppose what it's like when the fed keeps rates low. it doesn't usual react this way. usually markets love it when the fed keeps rates low. but today doing just the opposite. it looks like the markets are fed up with this fed policy >> yeah. absolutely. i mean we're going to hear from steve forbes. also going to look at oil and gold in this market as well. i mean gold's supposed to be a flight to safety. nothing really behaving in the way you would expect >> no. meanwhile trump firing another one. fiorina is a terrible manager. he said it five times. but is she really that bad? charlie gasparino is here. he's been doing reporting on that >> and that is really the battle i mean it was so funny to watch them during the debate sort of fight with each other who was the worst ceo >> i know >> a lot of people in america don't know that much about both of their records and

the dow is down more than 330 points or 2%. we are off the session lows, but clearly all risk assets in the red, including your favorite, oil. let me show you what is happening with financial stocks. are looking at the biggest losers among financials. jpmorgan, bank of america, 3% to 4%. all down interest-ratey, margins are sensitive to any moves. also for oil, wells fargo earnings.15 to 2017 that ended up waiting on the sector perhaps as well -- conversation -- i think that is what move the market. he was the -- making the point to you, all of those energy companies will have to revise down the earnings forecast. alix: and looking at the entry day oil content -- the intraday oil. i have not seen any headline that really moved to the oil markets lower, but they are so short, so there is a lot of short covering that happens when any positive headline happens. they will have a lot of shorts, a lot of on dumping out. olivia: that is the stat where you have the biggest three-day move since 1990. what happened in 1990? iraqi invaded

dow leaders, fairly broad advance here. home depot is one of the few dow components up this quarter. these are nice advances. just not seeing much volume. it is not a normal volume day for most of these stocks right now. these big multi-nationals are really hit badly on the recent declines we saw on concerns about china. hon honeywell, ge, 3m all up. honeywell a great story on the front page of the "wall street journal." very nice, explains their strategy. still modest volume. all the oil stocks, shale names in particular. oil moved down on a build in inventories. word the iran deal may have enough votes to sustain a veto that would be negative for crude. most of the shale names like marathon, eqt, all on the downside. >> 10 out of the last 11 sessions have been triple-digit moves in the dow. like triple is the new double. >> but a narrower range than we've seen recently today. >>> let's get to the nasdaq now further uptown where bertha koo coombs is following the big movers there. >> we're not seeing triple-digit moves on

the dow is down 2%. what is after postingil its biggest three-day rally in 30 years. it is off by 4%. that's get straight to matt miller for that. there, i am just sitting at the terminal logging into it, olivia. cominglooking at i.ssm out right now and i will bring it to you momentarily. i just have to run my fingerprint scan, and -- olivia: matt miller is logging into the terminal. the ind

that's a few hundred dow points. we have done that on a single day. >> i don't know if you saw the note from robert hum who is a statistician for us pointing out that today we saw -- >> re low volatility. >> narrow west range for the dow since august 18. the average range since august 18 has been 400 points. >> just to show you how weird things have been recently, historically in the last couple years the dow has moved 120, 125 point range on a daily basis. in the last few weeks we have seen it much more volatile than that, but that goes to my point, the market is not -- the trade remembers not reaching for protection against the idea that there's going to be some kind of big move in week. >> one way or the other. >> they seem to be saying we don't think anything is going to happen whether the fed raises rates or not. i find that surprising but a lot of people right now i think have been praying -- they've seen a bounce all throughout the year so buying protection has not been a particularly favorable profitable move

the dow down 289. would agree with steve's point here, i think there are less compelling reasons to own stocks in the last 24 hours. what i'm hopeful is that maybe the earnings situation will bring buyers back in a little bit more, but right now you can smell it today there's just not a lot of buying enthusiasm. i want to see how the volume is next week to see whether sellers are picking up their desires to sort of get out of the market. if not what we need to do is get a little more buying interest. i don't spell it right now, though. >> let's flip over to dominic chu now, he is keeping an eye on the three stocks you should be paying close attention to next week. >> here is what we typically do our friends over at cnbc pro. what the outlook is for those stocks, the dow, the best performing health insurance giant united healthcare, shares up 3% week to date. about 84% analysts say buy and the average target price is 145 bucks and change. 19% higher than current levels. as for the best s&p 500 perform p