then there's the second reason i like dow dupont.s and tons of activism activity push him from underneath nelson pelts as s trier. and danilo's third point giving history at tyco, why would anyone think he's done creating value after he's creating a three new company, that's not his style one last thing, stock traders at 15ive 6 times next year earnings estimates, and these estimates are still pretty rough that make's dow dupont stock a pretty good value here it wouldn't shock me if the estimates end up being way too low. you're not too late, in fact six the deal was announced in 2015 the dupont stock informed the s&p 500 while dow is only outperforming by a hair. meaning, the stock could have a lot more room to run as we wait dow dupont's big three-way split. i say trust ed, he's the king of break up long live the king >>> before we take a break, i got to thank everyone for going above and beyond for help during hurricane irma you do not want to miss tonight, boots on the ground in florida's special show he followed irma's path. cov

, but weighing on the dow.rgan down 2 1/2%. city group down 2.2%. financial hit hard while energy and utilities eke out a gain. so much because of tensions with north korea and also controversial talk about daca and what will that do to the president's agenda for tax reform, regulatory reform and the like. liz? liz: nicole, thank you very much. we have so many issues facing us as we kiss the three-day weekend good-bye as we head into september. let's call it what it is the worst month. every month of september since 1950 the dow has fallen. what are the golden areas not only will protect you from the coming volatility, which is, by the way, here already, volatility up 29% today alone, more importantly gets you perhaps turning away from the platter of disaster we've been facing? bring in jpmorgan asset management chief, global strategist, david kelly. from north korea, to hurricanes, to the debt ceiling looming, so much more, what are you saying is the best way so stomach, because we've been talking about wretch

in the dow.e you noticed how defense stocks have been performing? with the dow as i said charging in record territory, boeing is up 90 plus percent year over year. and maybe that's a message that comes directly from what's happening in north korea. all of the rattling. global security experts john and larry up next on what the commander-in-chief should be calling for in tomorrow's major addresses at the united nations. we know he's going to talk about north korea. and does that mean big changes and success for defense stocks? countdown coming right back think your large cap equity fund has exposure to energy infrastructure mlps? think again. it's time to shake up your lineup. the alerian mlp etf can diversify your equity portfolio and add potential income. bring amlp into the game. before investing, consider the fund's investment objectives, risks, charges, and expenses. read the prospectus carefully at alpsfunds.com/amlp with some big news about type 2 diabetes. you have type 2 diabetes, right?

a 43-point gain on the dow is not a big deal except that it is, the dow is flexing muscles to climb to new milestone. the blue chip index on track for third straight record close after hitting all-time high earlier. there is momentum thanks to two particular stocks but watching to see if the s&p and the nasdaq can catch up to the dow. they're negative. s&p is flat, nasdaq down 22. remember all three indices closed at record highs yesterday. now everybody apparently loves boeing's dreamliner. you have been on on one of those things in the aerospace giant adding 22 points to the blue chip index after confirming the demand is so hot, it's going to churn out 787 dreamliners at a much quicker pace. united technologies getting a 2% pop right now for utx at the moment after the chief financial officer gave a rosy update. he salted in a few negatives and this is going to be flat and still a headwind, china. but this is what the investors picked up on. he expects profits to grow, improving trends in europe and china as well. this just coming in, news on google. google has been hit with a class-

was going to go to a million so warm buffett's predicts dow a one million but there's a catch sounds great doesn't it sounds like big number eight in reality dow one million and one hundred years would indicate in the bismo c.a.g.r. of just three point nine percent pretax or closer to just three percent post tax returns per year assuming tax rate don't trend towards ninety percent over the next hundred years so the capital appreciation would not. actually keep up with inflation well talking about bubbles or a bunch of lives of the magical bubble where he never has to deal with the consequences of his actions look at the wells fargo bank he's a big investor they became an orgy of larceny destroyed lives and he said nothing. did nothing look at the environmental hole cost that he helps finance and fund there's a wash up in arkansas the words the oracle of omaha nebraska there's a wash up in omaha you know no the hurricanes are in florida one is the lives of these a fairy fairy man he lives with a fairy bubble and he gets free money from the government he takes monopoly positions he's d

the dow is up 0.05%. nasdaq bang-on flat, coming off a day of gains yesterday the dow up 0.35% the s&p up more than that. the nasdaq fractionally higher we did get record closes for the dow and the s&p once again and an intraday high for the nasdaq. breaking news. hurricane maria has strengthened back into a category 5 storm it's now headed towards the virgin islands we'll continue to bring you the latest on the storm as we get it it was weakened to category 4 overnight, but back up to category 5 we'll keep you up to date with the latest it is expected to head towards puerto rico today. >>> stocks to watch today, the activist investor fightingmerge hundredsman has built a 15% stake in the company white tail was created by the corvex hedge fund, an investment fund clariant up 0.3% one of sina's biggest share holders launched a proxy fight against a chinese internet company. areta capital is seeking board seats and proposing a possible sale of the company or its stake in china's version of twitter weibo. yo

another record high for the dow.onday it looks like the rally could continue the dow is up 56 points here premarket trade despite that unexpected drop in august retail sales. on friday s&p 500 up 4 points. nasdaq higher by 11. this week we have the fed meeting plus the bank of japan meeting. also should point out it's the kickoff of the u.n. general assembly which is basically the super bowl of diplomacy. ten year yields, higher yields is up around 2.2% last week and similar story here on monday ten year note yielding 2.209%. >> super bowl of diplomacy. >> yes, it is. >> very nice, indeed i like that. >>> asian equities, the standup which is the nikkei. up around 3% outstanding performance and that came as the yen slipped around 3%. worth noting as seema mentioned, despite north korea threats, the nikkei gained 3% which is showing how little focus you or little worry there has been in the region when it comes to market performance at least this morning we are seeing gains again across the board in asia albeit nikkei

in nine hundred sixty five dow agro sciences bought a pesticide called clear pyra photos brought to the market the pesticide became widely used on crops all over the world due to how effective it was it killing mosquitoes answered roaches and other insects that pose a threat to the global food supply fifty two years after it was first introduced the pesticide is used in more than one hundred countries around the globe on more than fifty different kinds of commercial crops if you live in the united states and you've eaten apples lettuce peaches oranges bananas or potatoes in the last fifty years chances are you've been eating food that's been sprayed with this chemical the e.p.a. has them estimated that between one thousand eighty seven in one thousand nine hundred ninety eight about twenty one million pounds of this pesticide were used annually in the u.s. by two thousand and seven was the most commonly used organophosphate pesticide in the united states with an estimated eight to eleven million pounds eight to eleven million pounds applied to our food in nonresidential turf like golf c

the dow look like it will open up by 40 points.ck on the ten-year treasury note yield, 2.12% that's it for "worldwide exchange." stay tuned because "squawk box" is coming up next. happy labor day weekend. for years, at&t has been promising fast internet to small businesses. but for many businesses, it's out of reach. why promise something you can't deliver? comcast business is different. ♪ ♪ we deliver super-fast internet with speeds of 150 megabits per second across our entire network, to more companies, in more locations, than at&t. we do business where you do business. ♪ ♪ >>> good morning developing story the gulf coast starts to clean up from hurricane harvey >>> a crucial east coast fuel pipeline was shut by the storm, that will reopen this weekend. >>> and it is jobs friday. they were scrambling because it's september 1 st, already got the august numbers we'll get you ready for that jobs report. >>> markets are in focus futures pointing to a higher open ahead of the big report on employment nasdaq has been strong four big da

dow futures down 14.n 2 nasdaq futures are up higher nasdaq the big effort winner for the quarter, not for the month ten-year treasury note yield the trend of higher yields has been the story over the past few weeks. the ten-year yield above 2.31. historically low but way off the lows of just 2%. today is the last trading day of the third quarter. stocks have been on a strong run. here's the tally the dow is up 4% during the last three months s&p is up 3% the nasdaq, the big winner up 5% as for the sectors, technology, energy and materials leading the way. consumer staples, real estate and consumer discretionary lagged a big part of that story is 9 pfrs ga9% gain in wti. technology the stand out you can point to earnings there. >> absolutely. let's look at asian equities, they have been under pressure. hong kong down a percent and a half for the week. recovered about a half percent today. the nikkei, slight loser today, down 3 basis points. european trade coming off the back of eurozone inflation numbers

there's the dow.he industrial average believe it or not, actually going back even to december. best week in terms of a gain so what do you say about that? the teflon market just keeps going higher the safety trade came off this week, it was on last week. the deal on ten year hit a year low at 2.01. up 19 basis points this week now to 2.20. and the dollar index is searching for a bottom right now. said this week he thinks we're at a short-term bottom we saw some gains there although the british pound has been very strong as sarah has been talking about. oil, crude oil hit a five-month high this week here's a fun fact, bob pisani, at the settlement today, it settled unchanged. first time that's happened in more than seven years for the oil market. >> but we're at $50. so a couple of things. this is a very unusual month september isn't supposed to be a good month, august wasn't supposed to ba good month. up 1%. you mentioned best week we've had h a long time. >> lot of traditions are going by the wayside

look at this, a minus sign for the dow.erspective, shall we nine consecutive up days i think. we're going to show you a ten-day chart of the dow to begin with here. nine consecutive up days and seven of those were all-time highs. and time finally the fire is oun this day after the fed meeting but as peter costa was pointing out, you know, this is not to suggest the market is responding to the fed we're due for a pullback of some kind of that many days, but the other -- we've been talking about the symmetry between the dow and the volatility index and how the dow had set 42 records this year, and the vix dipped below ten 42 times this year well, now this symmetry is shot. the dow is negative today, but the vix is below ten for the 43rd time this year. for those of you at home keeping score here the day after the fed, we see a bit of a change for the ten year it had risen, in fact, we talk about the two year going to a yield that we hadn't seen since november of 2008, but today, a bit of a pullback. little correction there. w

over a percent for the dow, all three finished off the lows.down 3% insurance companies down, also banks down the best part of 3% as yields slipped. this morning we're bouncing back to the tune of 31 points, 32 points on the dow. small relative to yesterday's 234 point decline. let's look at the ten-year treasury note. yields slipped yesterday, markedly slipped from 2.16% on friday's close we were closed here in the u.s. on monday, 2.06% yesterday just above that today, 2.08% a broad risk-off move yesterday. >> in asia, where all eyes are on north korea and the continued threat there, we were seeing some softening of the markets. nikkei down 1.44%. the hang seng off 0.6% the shanghai up fractionally seeing some of those same concerns translate into the european stock markets today where we're seeing only the auto sector bouncing back germany, france, ftse all down this morning also tomorrow the ecb's governing council will meet to talk about whether they can tighten now the monetary policy. so a lot of investors in europe taking a close look at

dow transports up three-quarters of a percent.l above what the other percentage gains are for the major embassies. both are touching all time intraday highs that we've already seen today. and now the small cap index racing to its third straight record finish. and the economically-sensitive dow transports are up because they're looking at their first record finish since july. we have strong names there and yesterday's loser is today's winner. tech sector making a come back at this hour. you know, it's so funny. like weebles wobble, big tech are recovering, and we're talking about netflix, facebook, google parent alphabet, and apple all moving higher right now with apple the biggest gainer here up nearly 2%. it's actually looking strongest here to snap a four-day losing streak. the tech giant finally getting some love from wall street after losing as much as 7% since the september 12th launch of its newest iphone 10. that's starting to look like a buying opportunity that's already passed. the stock got a pop today after raymond jame

the dow and the s&p 500, we mentioned the dow being down.s only a little bit lower, all things considered here, not very much at all, 30 points. the s&p 500 is basically flat. you know, the russell 2000 has been the best of the bunch today. only one-half of 1% to the gain there, but that small cap benchmark, the russell, on track for what could be a record close. and if it does hit a record, it would be its 16th of the year. now, for the week both the dow and the russell are on pace for a second straight weekly gain. sonot so much for the others. let's look at some individual movers, sprint/t-mobile have been trading higher. reports that the two companies are closer to agreeing on terms for a merger, so we see gains from both of those stocks and healthy gains today. and some major breakthrough in the possible deal between what are the third and fourth largest carriers in the united states. sprint and t-mobile. one group kind of bucking somewhat of a lower trend today on wall street, this makes sense, the defense stocks, all-time highs for a

united health a drag on the dow.if that's pricing in at least a prospect of the vote on the aca repeal next week or people pulling in their bets, money off the teenagable you said inching, what the market has been doing, inching on the index level higher. the way i'm looking at it big picture, the bulls retain the benefit of the doubt the way that they're acting, without a lot of momentum, lot of force behind these moves, it's keeping a little bit of that doubt out there as we get into the fed meeting. >> one of your favorite sectors, metler had an all-time high today. >> health care instruments, lab equipment, boring, boring stuff. they hit highs every year, every day. >> not too spooked about the news by the graham cassidy bill. >> part of the bold case, it's completely insulated from that they're kind of -- they're selling the blades for the razor blade guys. >> another says they give it a 10% chance i feel people are so dismissive of it it actually could happen what would the significance be if this thing does pa

the dow looking to open higher after four straight losing sessions. >>> there could be one blue chip that drags the whole index down. nike posting its slowest quarterly sales growth in years. a deep dive into results coming up. >>> and uber saying good-bye to quebec why they lost another battle it's wednesday, september 27, 2017, "worldwide exchange" begins right now >>> good morning a warm welcome to "worldwide exchange" on cnbc. i'm wilfred frost. >> i'm courtney reagan in for sara eisen nice to be here with you >> great to have you with us we did lose impetus in the final half hour or so, so much so that the dow about close lower for the fourth straight session in a row. albeit only fractionally that loss meant the bounce back in the nasdaq and the bounce back within the tech sector of the s&p was also less impressive than expected. the nasdaq up 0.15%. the tech sector up 0.4%. the s&p overall was flat expected to open higher today by 34 points on the dow and the s&p and the nasdaq expected to open higher as well ten-year treasury note for you, we didn't see much reaction yesterda

the dow closes at a fresh record. but where else can investors find return as the market inches higher? >> rise of the machines. artificial intelligence is transforming the job market. now one city considers a tax on robots. >>> hitting a wall. flipping houses has been hot. but now those same flippers are flipping out. those stories and more tonight on "nightly business report" for thursday, september >>> good evening, everyone, and welcome. the dow extends its hot streak. the world's most recognizable stock market index closed at a record for the 38th time this year. even as the other major averages were off slightly. the dow's advance today wasn't big. but it was enough to put it at levels never seen before. the blue chip index added 45 points to 22,203. the nasdaq fell 31. and the s&p 500 was off two. >>> the run to records for the dow was gradual and kind of quiet, as if the index was just crawling along. but something is helping lift that part of the market. bob pisani explains what >> reporter: the dow notched i

dow did set a record this morning. up 35. get to bob pisani. >> happy friday, everybody we had a lot of volume here on the floor this morning quadruple, happens four times a year, 400 million shares on the floor. that's a lot for the morning that didn't move markets, though retail sales, industrial production disappointing that didn't move the market. subway attack in london doesn't move the market. you know what does, north korea. word comes out, north korea fires another missile over japan, that's that red line to the downside, we lost seven points in the s&p futures immediately. as you can see, we're still down, the dow is slightly to the upside north korea is what moves markets these days sectors, indeterminate open, 3-2, advancing declining stocks. health care up here. energy up a little bit energy, tech, indeterminate open consumer staples this is a little bit on either side of positive or negative for the week, the s&p is up more than 1%. we have been having mini rallies all throughout the week. three particular sector

the dow component now down more than 7%. it is the worst dow stock for the month. jim?i really like his work. talking about lowering the estimates to the iphone, the 10, the x and a lot of it is just kind of what i regard as being because you've got a november launch for a second phone and i think that whatever apple's doing should be viewed as being a 2018 store. if you can just shuffle numbers and take numbers before and numbers after and the reason i say that is because there is no change in where receive va thinks the stock can go i understand that people are confused and it's going to be flected on all the part suppliers. this is last week's story and it's got some legs for maybe a couple more days and people are going to say, wait a second, why am i selling a company that for its own fiscal year, it's going to earn $11.19 there's a notion that all the f.a.n.g. is too expensive, but i still prefer this to owning some of these cyclicals and to the oils. >> and a lot of people would want to x out 250 billion in cash, where are we roughly there to get your tumult >> w

dow is up 43 points at this hour s&p 500 building on that record close yesterday. the gains we saw during yesterday's session but groups like materials, financials, energy all higher. we aarl. above $48 bre 'll be right back. eet your fath. kevin kevin kevin kevin kevin kevin kevin kevin kevin kevin trusted advice for life. kevin, how's your mom? life well planned. see what a raymond james financial advisor can do for you. not rebalancing your portfolio. pursuing your passion, not reacting to market downturns. focused on what you love, not how your money will last through retirement. let us help you with those decisions, and get on with your life. we make it easier to plan for retirement with day one target date funds from prudential. look forward to your 401k plan. [car tires screech] [bell rings] >>> there's a strange divergence in the market. catch the full interview on trading nation more "squawk on the street" coming up. where to get in... where to get out. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter

s&p up, dow down. utx on the dow a little bit. let's look at the market leaders.arket leaders all month. the other market leader not doing so much. energy, banks, this is that trade we keep talking about. they are the market leaders. even on advanced decline line. moving markets i had been talking about it all week. it is kind of obvious. we have firming global ratings. we had higher yields, somewhat more hawkish commentary and overlaying all of that is the u.s. tax cuts. you can see this trade just looking at the sector. the leadership groups. energy, banks, materials, industrials. there is a trade. the s&p is only up 1.5%. these are kind of noticeable moves to the upside. if you look at other asset classes it started at the middle of the month. we are starting turning around. oil started turning around. oil is up about 9%. ten year yield started moving up. there is a reflation trade. we had the companies that wouldn't do as well in the kind of economic expansion. utilities, reits and consumer staples to the down sides. this all kind of makes sense. 52-week highs

the dow is already there. take a look what is boosting the dow 30. the blue chips here. did you know we're only 100 days away from christmas? sorry, i hate to be that person who well before halloween you start putting up the lights. what we're telling you, macy's has said it's hiring 80,000 seasonal workers for one of the busiest times of the year. it is one of the leaders on the s&p 500 which we know is more broad, it's a better sense of how all stocks are doing. macy's up 2.3%. there is one stock that might get in the way, looking at worst day in four years, oracle is down 7.25%. it gave a weak earnings forecast, weak cloud forecast, all about the cloud, more important flee, light of a couple of price target hikes by a couple of brokerages, the stock is selling off. watching oracle at $48.99. to the white house where london terrorists and the escalating situation in north korea are taking center stage, did at today's press briefing. general h.r. mcmaster and ambassador nikki haley putting terrorists and north korea on notice issuing a stern warning. that warning, do no

mark newton, thank you >>> 26 minutes left in the trading session, the dow losing some altitude. irma is still days away, but already having a huge impact on the airline and other industries. >>> if you want to know how bad a storm is, look at the waffle house index. if the restaurant chain closes or offers a limited menu, that's a very bad sign. we'll hear from the ceo of waffle house later on "closing bell." so that's the idea. what do you think? hate to play devil's advocate but... i kind of feel like it's a game changer. i wouldn't go that far. are you there? he's probably on mute. yeah... gary won't like it. why? because he's gary. (phone ringing) what? keep going! yeah... (laughs) (voice on phone) it's not millennial enough. there are a lot of ways to say no. thank you so much. thank you! so we're doing it. yes! start saying yes to your company's best ideas. let us help with money and know-how, so you can get business done. american express open. is. >>> airline stocks and looming threat phil lebeau has a closer look how it's impacting that sectors's well as the rental car

the dow up 66, was up 87 hanging in there with record highs. luca is with us today from picktat asset management at post 9 sitting next to new york stock exchange trader steve grasso and jack from ucx is with us from the cme in chicago. steve, of course, the dow had its best week of the year last week and, of course, it continues higher today >> trend is your friend, right >> we haven't had a 3% pullback, even a 5% pullback, in -- >> when we have a 1% pullback, it feels like we're at a bear market so everyone just jumps right back on, you buy those dips, still in the buy the dip mentality. if we were to have this conversation a couple hours ago, we would have been talking a iiu the trends and how the markets keep moving over those big numbers, big fat round numbers 2,500 in the s&p cash. >> funny how it closed right on that number on friday, right >> everyone shoots right for it, all the open interest staggers around those numbers we see this latest bit of hit coming on facebook as you guys introed, a lot of large cap tech names are coming unde

dow is up for seven straight sessions as investors await the fed meeting this week.n jim paulson jim, good to have you here >> good morning, michelle. >> this is now officially the second longest bull run on record more than 3,000 days of 270% without a major correction and that's despite north korea, major storms, sometimes chaos out of d.c where do we go from here >> well, you know, i think michelle that we're kind of in a sweet spot here in this cycle where we're able to grow decently 2.5%-ish and we're growing more broadly with more countries around the country participating, but we're not so far aggravating inflation or interest rate pressures. and as long as we can continue to do that, i don't think we'll do it forever, but as long as we can continue, i think the market keeps going higher if you can produce real growth without interest rate inflation pressures, it's hard to know what the ultimate upside of the market is. every recovery in post war history has ended with some semblance of overheat. that is some resource shortages, pressure on input and labor cos

where we always find a way, that's texas. ♪ >>> welcome pack dow sitting lower by 232 pain.e sharpest selloffs we've seen this year, of course. 1% declibs are in the range for all the major averages, financials and insurers some of the hardest hit with the move lowe in interest rates and technology not a lot of places to hide today. >> the nasdaq having its best woke of the year last week. >> wow. >> didn't even feel like it. >> and here's a bright spot in the market shares of biotech company skyrocketing after its phase three trial. the company says it is plans to pursue accelerated approval for the therapy known as alice and the stock has nearly doubled in trading today. >> look at, that wow. >> meanwhile, t.d. ameritrade clients, we were net buyers-ins august for the seventh straight month and will they continue to way after today's selloff? i'll mention it. i'm sure it's come up all day, september, the toughest month for the stock market of the year there i've done it j.j. kinamen with us are you seeing anything today. your clients are trading volatility here. >> some of

the dow at 22,347 points.ver the last year. a former navy sailor who was convicted and imprisoned for taking photos inside of a nuclear submarine has been released from prison. he is under house arrest. he is holding out for a presidential pardon. come in kristian saucier. he joins us now. you pleaded guilty, if i'm correct here to one count of unauthorized possession and retention of national defense information. you were sentenced to a year in prison. you have six months of house arrest. you paid $100 fine. you have 100 hours of community service. based on what you did, is that a fair sentence? >> well, first of all, let me say i take responsibility for what i did. i made a mistake when i was a young guy. i was 22 at the time. i took pictures because i was really proud of the job i did in the military and i wanted to be able to remember it. no, i think the punishment meted out to me was extreme. i was willing to accept it. that is why i pled guilty. i didn't go to trial. i would take whatever punishment they

here the dow coming back a little bit. >> there we go the s&p's now positive. >> and the dow down 18 points. >>> another war of words now between president trump and north korean leader kim jong-un. meanwhile, another actor is sharpening its nuclear act we have details on that coming up. >>> and still ahead, puerto rico mip might not have power for the next six months in the wake of hurricane maria. we'll talk to the ceo of puerto rico's electric power authority about those challenges stay with us throughout my career, i've been fortunate enough to travel to many interesting places. i've always wanted to create those experiences for others. with my advisor's help along the way, it's finally my turn to be the host. when you have the right financial advisor, life can be brilliant. ameriprise sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. dad: molly, can you please take out the trash? (sigh) ( ♪ ) dad: molly

bouncing significantly, 148 points for the dow coming back a percent or so for the dow. a little bit more for the nasdaq and a little less for the s&p. let's bring in ellen zetner. thank you for joining us let's talk about the hurricane first and the impact of irma when you consider harvey as well will this have a negative impact on u.s.gdp >> when we look at it combined, if it was just harvey, close to the middle of the grid, you have plenty of time to make activity before the quarter is over combining the two storms, you will affect activity in the current quarter. you still get the typical rebound in the quarters following these storms that's a lot of homes that have to be rebuilt. it's a lot of cars that have to be replaced. on the home front, so to speak, that's more lagged though. i can go out tomorrow as soon as the storm passes and practically get an insurance payment and buy a car. that process happens very quickly. on homes, especially if you don't have insurance, you've got to wait for the government insurance, that can take months before you start to rebuild.

shell and dow settled out of court in eight other suits. in their legal filings, both companies contend that since the state has not set a legal allowable level of tcp, they shouldn't be held liable for its cleanup. has the state of california waited too long to come to a standard here? bill: i think one of the things that's most disturbing is to look at the amount of time that it often takes to get a legal limit set in california, and to realize that when you look at the whole nation, california is the gold standard. we do better than anybody else. stephen: but wouldn't you agree the state has taken far too long to get to this point? todd: i do think the state has taken too long to get to this point. this is a classic case of environmental injustice. there is no doubt about it. stephen: both dow and shell chemical companies did not return our request for a comment on this story. but they have said publicly in the past there is no proof that 1,2,3-tcp is a human carcinogen, or that humans have ever been harmed by it. now, after our story fi

dow futures up by 58 points. dow futures up by 4 and a half and the nasdaq up by 15.icked up a little bit of ground last week this morning it's down against the euro at 1.196. it's up against the yen at 1.1120 >>> the memo, john hope bryant hopes that achieving economic liberation is five steps away. he joins us now right on set good morning to you, john hope bryant chairman of operation hope you talk about combatting this idea of meritocricy. you think there isn't one out there. >> i think that there is deep aspiration but i think it has some deep and very strong headwinds. let's look at manhattan right now. the five boroughs. we did some research on fico credit scores yesterday and we found that while about 40% of african-americans in all five boroughs have a credit score of below 620, about 65%, almost 70% of whites have a credit score of 740. stop right there you can't access the credit markets. i don't care how bright you are, how brilliant you are, amazing you are, you cannot get a loan for a home loan, small business loan you cannot access the credit market at

shell and dow settled out of court in eight other suits.n their legal filings, both companies contend that since the state has not set a legal allowable level of tcp, they shouldn't be held liable for its cleanup. has the state of california waited too long to come to a standard here? bill: i think one of the things that's most disturbing is to look at the amount of time that it often takes to get a legal limit set in california, and to realize that when you look at the whole nation, california is the gold standard. we do better than anybody else. stephen: but wouldn't you agree the state has taken far too long to get to this point? todd: i do think the state has taken too long to get to this point. this is a classic case of environmental injustice. there is no doubt about it. stephen: both dow and shell chemical companies did not return our request for a comment on this story. but they have said publicly in the past there is no proof that 1,2,3-tcp is a human carcinogen, or that humans have ever been harmed by it. now, after our story firs

the dow, s&p 500, are down more than 1%. near session lows.he dow had been on pace for its worst basins the middle of may. investors react inc. bearish lee -- reacting bearishly. north korea claimed that they tested a hydrogen bomb. the u.s. in turn is calling for increased sanctions. ifth korea coming out saying sanctions are increase, they could come out with a response of their own. lots of back-and-forth. if we happen to the bloomberg and take a look at an intraday chart of the dow, this is g #btv 17 02. we see the big drop down today. we see a light lower on north korea's response. it could be that potential for escalation. that thisteresting is is the third incident with north over in terms of trading the last month or so. initially back in august, we see this is the worst day that the dow has had over the last few weeks. 1.25%.out not recovering. recovering in the days after, but not the entire decline. lastly, when a missile went over only, the dow opened lower to finish higher. trading higher around this time. recovering the last a li

united technology is a dow stock. that is big drag on the overall dow jones industrial average.ime we saw him, he was helping a stranded family in houston. they refused to leave their hopes. jeff arrived by boat. what is the latest, jeff? reporter: back in the neighborhood again, jeff. you wonder what places like like inside? we're almost up to our, we're about as far as we want to go up to our neck here. this house over here, that you see, maybe some water gone down. about a foot. what does it look like? we to the pictures. with a fellow that went back in for the first time what it looked like. everything is floating there. these are what these people are dealing with. as i reported last hour, most people do not have flood insurance. how they will recover from this is real good question. look at this. we're 10 days out. stuart: just dreadful to see that kind of thing. all of us can associated with a flooded basement. this is a flooded house. you brought us the story, jeff, very well indeed. you've shown us what it is like to be a human underwater there. good stuff, mr. flock. w

david: and just put up the dow once again because we do have now a record high, we can say, on the dow. 22,118.86 is where it looks like we're closing. we're just inches above, tenths of a point above the previous high. but it is a new high for the dow as well. that's good news, nicole. thank you. melissa. melissa: all right. setting the path for new technology, apple holding one of its most important events in years. the tech giant unveiling a slew of new products including the highly-anticipated new iphone. hillary vaughn is live in cupertino, california, with the latest. hillary, break it down for us. >> reporter: melissa, the future of the iphone is here, and it's more expensive than ever before. apple announcing their tenth anniversary flagship device costs over $1,000 after tax. here's apple's tim cook announcing the new quite. the new device. >> ten years later, it is only fitting that we are here in this place on this day to reveal a product that will set the path for technology for the next decade. >> reporter: here are some of the biggest hardware changes to the iphone. there

the dow is up 180 points as we speak.n in, please. ♪ by the dawn's early light. ♪ what so proudly we hailed at the twilight's last gleaming. ♪ whose broad stripes and bright stars through the perilous fight -- ♪ or the ramparts we watched were so gallantly streaming. ♪ and the rockets' red glare, the bombs bursting in air -- ♪ gave proof through the night that our flag was still there. ♪ o say does that star-spangled banner yet wave -- ♪ o'er the land of the free and the home of the brave ♪ >> ladies and gentlemen, the united states air force chief of chaplains, major general costin. >> let us pray together. heavenly father, we bow our heads this morning with our feet fixed on sacred soil, consecrated on september 11th, 2001, by 184 innocents who perished in an instant but whose legacies will never die. whereas moses was commanded from a burning bush on holy ground to rescue his countrymen from their oppressors, our generation was commissioned from a burning building on this site to do the same. for the nearly 3,000 who l

[closing bell rings] we're there for s&p, nasdaq and dow transports. we'll see you fox news 11:30 tomorrow. "cashin in." cheryl: thank you, liz. gains hitting in the final moments of trading. the dow barely positive for the day. but for the week, the month, the quarter, higher. s&p, nasdaq did have a record day today. brand new all-time highs for both of those indexes. hi, everybody, i'm cheryl casone and i'm in for melissa francis day, i'm david asman. happy friday to you. this is "after the bell." more on the market movers but here what else we're covering for you this hour. the era of economic surrender is over as president trump making that declaration as he sells his tax plan to manufacturers today. critics question whether it goes far enough offering incentives for growth. some republicans are arguing over one key proposal. the very latest from washington. the president just speaking on the white house lawn about a lot of issues, in particular the future of his health and hewlett-packard services secretary dr. tom price who has been under fire fo

every dow stock is higher notable exceptions include home depot and caterpillar. rick santelli, what are you watching today >> you know, yields that move up a bit, we have options this week $66 billion, will we get clues for the results? that's what we're going to talk about after the brk.ea can we at least analyze customer traffic? can we push the offer online? legacy technology can handcuff any company. but "yes" is here. the new app will go live monday? yeah. with hewlett-packard enterprise, we're transforming the way we work. with the right mix of hybrid it, everything computes. >>> coming up at half-time at the top of the hour, stocks are surging today and now positive for the month. is the rally here to stay? plus, what we already know about what apple may deliver tomorrow and what it all means for the stock in the weeks ahead jean muenster with us live today. and the one tech giant options trader say is about to get a pop. unusual activity and, of course, the latest on the massive power problems down in florida half-time report noon eastern. sarah, see you

opened up a 22,331 for the dow. up 2507 or thereabouts and the nasdaq also verify they are hitting a record of 24 points at 6472 on the nasdaq. pretty good. check big tech names that we follow every day. amazon opening to distribution centers. one in ohio, one in oregon will create more than 2000 jobs here that's good news. amazon up again at 988. amick stack for the attack. facebook down as you can see. major aerospace deal to talk about this morning. northrop grumman agreeing to buy the missile company for over $9 billion. the defense secretary very strong with everything going on around the world right now. caterpillar hitting a lifetime high on a nice upgrade of 125% and 123.25. our next guest is a republican student at the university of california berkeley. that's really all you need to know. the campus has been hit with more protests again last week as former breitbart editor ben schapiro gave a speech there. jonathan child day spent $600,000 for security all because of one person's speech. is that because the

yesterday we saw declines for the s&p and the dow. but the nasdaq was down 0.8%, 0.9. tech-driven selloff. facebook was down sharply within the s&p sectors, very much poor performance from the tech sect e down about 2% this morning shaping up for a slight gain at the open 23 points, 24 points for the dow. one of the better performing sectors yesterdaywas energy. we are just at $51.98. oil giving back half a percent or go, following a strong run of late >> so, making headlines. new numbers today on the devastation of hurricane maria catastrophe modeling firm ai air worldwide estimates the storm cost between 40 billion to $85 billion in insured losses. more than 85% of that damage was done in puerto rico. the numbers are higher for losses caused by harvey and irma >>> verizon announcing its support for victims of hurricane maria in puerto ricoe pledgin$1 million in funds for relief efforts. >>> president trump taking to twitter last night to talk about hurricane maria slamming puerto rico he wrote texas and florida are doing great, but puerto rico which was already suffe

the dow was up 0.2%. the nasdaq and s&p up 0.1% so i think it's fair to say markets just pausing for breath a bit ahead of the fed meeting we'll have much more on the markets in just a moment first to the breaking news out of mexic the death toll continues to rise following yesterday's 7.1 magnitude earthquake more than 200 people are dead including at least 22 children who were killed when an elementary school collapsed. mexico's president says more than half of the nation's capital is without power yesterday's disaster comes less than two weeks after a magnitude 8.1 quake hit the country killing almost 100 people. we'll continue to follow this breaking news and bring you the latest as we get it. >>> switching focus to hurricane maria. it's been downgraded to a category 4 storm but remains dangerous with maximum sustained winds of 155 miles per hour. it's expected to make landfall in the u.s. territory within a couple of hours. authorities warn puerto ricans to evacuate or die as the storm approached joi

the dow is having its first down day in 10.th reverses decline, it will match the last 10 day winning streak back in july. let's see if that happens. we sometimes see those turnarounds. we are looking at the well-known shares out there, apple, verizon, and johnson & johnson. having its worst is the end of april, the recent hurricane may hurt the company's business. apple down on a bearish note from security citing the idea are iphone 8 preorders weekend vouchers weighing at 1% and johnson & johnson lower or third day and around. at any, let's look interesting chart. this is a one-year chart and a 10 year yield. going into the election before the fed raise rates last december, after the fed raised not exactly from what you imagine especially since march. this level is 2.3%. 2.3% asear yield at many strategists and experts on the street -- trumpt: president donald has sanctions on north korea and to stop dealing with the kim regime. steve mnuchin is speaking right now. let's listen in. >> i've been pleased to be here with the pre

we'll we will start with what happened on wall street, the triple digit dow dropped. that dao diving more than 200 points as north korea's latest bond test watt rattled wall street. we will talk about the impact on your portfolio and now the ball is in congress as court to act on the controversial obama era executive order is calling for deferred action on the illegals who came here as children. the president speaking moments ago that he's confident d.c. can handle this. >> i have love for these people and hopefully now congress will be able to handle properly. really we have no choice. we have to be able to do something and i think it's going to work out very well. cheryl: well the department of homeland security announcing it will start processing any new applications for the program but they will continue to renew permits for people that are already enrolled, at least giving some of these folks another two years. this also gives congress six months to work towards a solution. in a statement house speaker paul ryan stepping up to the challenge. here's what he said q

the dow and s&p turning a little bit higher. the dow could rise for the ninth straight session. the nasdaq is lagging, but look at the transportation average, up 1.5%. really rocketing upward, especially relative to the other averages that we are watching. gains,s helping lead that company coming out with its earnings after the close yesterday. the results in the quarter took a hit because of the cyber attack at tnt, which it recently acquired however it did reaffirm its long-term profit targets going doubt -- going out to do thousand 20. some analysts say that is reassuring. up --an outlines was airlines was upgraded to outperform over raymond james. he also upgraded southwest to, saying it has a relatively strong earnings outlook, however ual got downgraded but that did not hurt the shares are still gaining 2%. if you look at the trajectory of the transports versus the dow jones industrial average, he gets people tend to look at the two.ion between the here we have the dow jones industrial and white. the transports last set a record in july and then slumped. it did not seem to