for free that we playl play on grasso for free that we play on artificial — play on grasso for freeial pitch, it's _ play on grasso for free that we play on artificial pitch, it's common - on artificial pitch, it's common sense, _ on artificial pitch, it's common sense, i— on artificial pitch, it's common sense, i would _ on artificial pitch, it's common sense, i would say. _ to glasgow now, where celtic are at home to the group leaders atletico madrid. the scottish champions lost their first two games to feyenoord and lazio, so really need to pick up some points to have a realistic chance of qualifying for the knockout stage. bbc scotland's sports news correspondent chris mclaughlin is at celtic park. chris, it's not must win, but it probably feels that way. i think that's fair. it does feel that way. as you mentioned it, those defeats to feyenoord and lazio certainly not what celtic and miniature brendan rodgers were hoping for and perhaps not even expecting. brendan rodgers when he came back to celtic, remember, saying that progression in european football was one of the main rea

. >> steve grasso, what do you think? what does the stock market do? >> yeah. i mean, it's obvious that if the consumer cracks, then that's the lynch pin that's holding this market together. but if you think that the problem that we're having with the market is the monetary policy and fiscal policy are butting heads right now, we're in an election year cycle. what's going to happen the administration can't let the consumer fall apart. so there's got to be something thrown at the consumer, which means more spending. higher inflation so qt is the biggest problem that i see that no matter if -- it doesn't matter if the feds stops raising rates right now. qt is really tightening the market behind the scenes in a much more active way and they say it's passive. it's not passive so if the consumer cracks, the market cracks. if unemployment spikes, the market goes low. >> is that what we're factoring in already, though >> i don't know. i was going to ask steve about qt i mean, are you saying that as if you think they're going to stop qt? >> no. >> and the gdp number wa

. >> exactly -- how the exchange has changed going to talk about that with dick grasso as well, thank fbi christopher wray warning of the rise in terrorism threats against united states as israel faces violence from hamas terrorists, wray says biggest concern now is potential loan wolves pulling off cop kat attacks joining me dick grasso with us, great to see so you happy you are with us today on this the actual day that was 30 years ago when i started on air. >> delighted to be with you, maria. let me just say at the outset you have been the ambassador of wall street to america, are and investors are better your 30 years we can only hope there is so much more in front of you -- >> thank you. i will tell you, you supported me so many years ago with we first wanted to get on the floor of new york stock exchange, to bring the audience right to the action, you at the time were trying to demystify about what was going on on wall street you allowed it you supported me being on the floor of the exchange i will never forget that lunch that you hosted for me, a dinner you hosted for me lots o

on the desk tonight, tim se seymour, steve grasso, guy adami. the do you ending the day up 288 points. after the blue chip index started the day down nearly a percent. s&p seeing its best day since august surging more than 1.5%. the strength coming despite a bigger than expected jump in payrolls for september. the economy added 336,000 jobs l.a. month. that strength initially sparked fears the fed could raise rates at the meeting. but take a look at the groups leading today's rally. technology, communication services, sectors that don't usually thrive in a high interest environment did well today. why are investors flocking back to these names? what was the jobs report all about? >> good news was bad news and then good news was good news. if you look at the payrolls, we've averaged 2,626,000 jobs over the past three months. let's be clear, there's no weakening in the labor force. if you hadn't included the additional participation rate, we'd have an unemployment rate of 3.6%. nobody thought the labor market was going to be this strong. is this g

the only toppings i know are guacamole. >> all right, steve grasso?rt for everyone. because you made a lower high and you also made a higher low. so, there has to be a day of reckoning on this. so, there really is no wrong answer on this one, but i would fade it, because of the low. >> tim? >> i see that chart is holding that uptrend going back, you know, to early part of the year. it's only up 5% year over year, but -- can i give the name of that? i'm trading it. >> not going to give the name yet. we're not giving the name yet. >> trading it. >> guy? >> i think steve's right. lower series of lower highs. the uptrend that's been in place -- >> throwing out the pennant formation. look at that. >> it is a bit of a pennant formation. i can see that. and if you think the broader markets have run into some trouble, that's a trade you may want to fade. >> interestingly, let's -- >> wait, wait. >> we wrote it down. look what we did. tesla, tesla. >> i thought it was microsoft. >> tesla. >> tesla. >> i got it right. >> you thought it was microsoft? that's wha

grasso, you like this one?u remember the negative headlines way -- it feels like those are gone so, brian niccol has been a tremendous operator in the space. all the new stores, i think 80% of them have drive-throughs. that tells you that they're expanding outside the city and what they haven't penetrated on is international growth so you look at the stock, looks expensive. i think it's got a lot more room to run >> a lot more room to run? >> i do. i think they are shaking share and people will always pay up for good quality food and i think he hit it on the head that every income bracket is looking for a way to get quality food afford bly >> i hear you. they are -- they are the example. like, they've set the standard there's no question about it i just don't know that the entire spectrum of their consumer can and they just said, we haven't raised prices in a year, we'll see how it holds up. so far, so good. the commodity dynamics, beef prices aren't coming down. avocados and cheese, i don't know dan -- >> she

on the desk tonight -- steve grasso, karen finerfinerm dan nathan, and guy adami. the dow was nearly 900 points higher. and look at treasuries. the bond market was closed yesterday, but yields on the ten-year dropped 16 basis points today, its biggest pull-back since march. the moves coming amid some more dovish talk out of the fed today. atlanta fed president rafael bostic adding to the chorus of officials like lorie logan and phillip jefferson suggesting the central bank may be done raising rates. retail to builders to even the recently utilities all higher in today's trade. so, does this set the stage for a market rally into year end? guy? i pause because i know the answer -- >> how do you know the answer? >> because i know you, and i'm in your head. >> you are my head. >> if rates do come down, i mean, that does seem to, in recent, you know -- >> in recent past, lower rates are supportive of stocks. the question is, why are rates going lower? part of the reason could be what we're seeing now, obviously, gio politically overseas, flight to quality in the form of

. >> yeah, steve grasso has been talking about it, as well.great pipeline, now seemingly getting into this world of eli lilly and novo nordisk, good for them this $295 level we're fast approaching was a prior high. you have to start talking about a stock with momentum behind it. keep that in mind as we get closer. i do think it goes through. >> the horizon therapeutics deal is closiclosing, and that's the headline. i think there's a lot there. and i think there's a lot there on valuation, and it's also -- i do think investors are looking for those megacap bio tech or pharma names that certainly can be defensive in an environment where balance sheets might be stressed in other places. they're not here and i think they're probably done on the acquisition side, which also means there's less risk. >> right, so the horizon deal, they can boost their long-term earnings power, and not just the obesity pipeline, but torrent cancer drugs, as well. >> yeah, and they've talked about the importance of oncology. they've talked about -- look, the obesity mu

on the desk tonight -- tim seymour, karen finerman, steve grasso, and guy adami. we begin tonight with netflix, shares soaring, up 12% afterhours. netflix getting a boost from subscriber growth and a new ad-tier subscription. cnbc's julia boorstin here to take us inside the numbers. julia? >> melissa, that 12% jump of netflix shares, that all comes down to the company adding 8.76 million subscribers. a huge subscriber beat. three and a quarter million more subscribers more than anticipated. this in large part thanks to a successful crackdown on password sharing. the company says, quote, the cancel reaction continues to be low, exceeding our expectations. and borrower households converting to full-paying memberships are demonstrating healthy retention. the company also saying that the adoption of its ad plan continues to grow, 30% of signups, up 70% quarter over quarter. to push more subscribers to its ad plan, netflix is keeping the price of its ad-supported and standard plan the same, but they just announced they are hiking the price of the basic plan by $2 to $1