hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. to finally lose 80 pounds and keep it off with golo is amazing. 1-800-217-3217. i've been maintaining. the weight is gone and it's never coming back. with golo, i've not only kept off the weight but i'm happier, i'm healthier, and i have a new lease on life. golo is the only thing that will let you lose weight and keep it off. who loses 138 pounds in nine months? i did! golo's a lifestyle change and you make the change and it stays off. (soft music) liz: now, this is how upside down the markets are. conagra brands is lower by more than 4% after the company beat on both the top and bottom line in its latest earnings report. the maker of dunkin hines, slim jims, ready whip, driven inflation and supply chain productivity issue here and translation they're passi

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityrom across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. hi, my name's steve. i lost 138 pounds on golo 1-800-217-3217. and i kept it off. so with other diets, you just feel like you're muscling your way through it. the reason why i like golo is plain and simple, it was easy. i didn't have to grit my teeth and do a diet. golo's a lifestyle change and you make the change and it stays off. golo's changed my life in so many ways. i sleep better, i eat better. took my shirt off for the first time in 25 years. it's golo. it's all golo. it's smarter, it's better, it will change your life forever. ♪ ♪ give me just one night ♪ stuart: capitol hill, of course. 50 degrees, nice if fall weather there. let's bring in ash on this one. a new york times op-ed suggests climate change can affect a baby in the womb. ashley, you want to explain this

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityunicipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. jackie: welcome back. violence hitting too close to homement two teenagers were shot outside new york gubernatorial candidate lee zeldin's long island home on sunday, in what police are saying was a drive-by shooting. fox news correspondent david lee miller joins me now with the latest. reporter: jackie, lee zeldin is back on the campaign trail. in fact he was marching today along with his two daughters in the columbus day parade in new york city. he did say earlier that what happened sunday outside his long island home was that crime was literally brought to his doorstep. a little after 2:00 in the afternoon, yesterday, while he and his wife were away campaigning and his two twin daughters were home alone, gun shots rang out. one of the bullets landed 30 feet

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualitym across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. first psoriasis, then psoriatic arthritis. even walking was tough. i had to do something. i started cosentyx®. cosentyx can help you move, look, and feel better... by treating the multiple symptoms of psoriatic arthritis. don't use if you're allergic to cosentyx. before starting...get checked for tuberculosis. an increased risk of infections some serious... and the lowered ability to fight them may occur. tell your doctor about an infection or symptoms... or if you've had a vaccine or plan to. tell your doctor if your crohn's disease symptoms... develop or worsen. serious allergic reactions may occur. watch me. ♪ we're gonna rock down to electric avenue, and then we'll take it higher ♪ stuart: what's that songsome electric avenue? is that it? of course. >> you can charge it. st

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. so many people are overweight now, and asking themselves, 1-800-217-3217. "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's release from golo. it naturally helps reverse insulin resistance, stops sugar cravings, and releases stubborn fat all while controlling stress and emotional eating. at last, a diet pill that actually works. go to golo.com to get yours. ♪ ♪ stuart: there are still about 450,000 homes and businesses in florida without power. madison alworth is in engelwood, florida, very close to fort myers which is truly def do stated. madison -- devastated. madison, the latest from where you are now. >>

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. charles: you know, one of the biggest gripes from wall street, you know, the experts, the smart money, has been that retail investors have been too optimistic and well that they need to sell their positions in order for the market to stop going down. now, for me it certainly is a excuse for their own owe full performance, moreover, recent transactions suggest that retail investors are not irrationally exuberant. in fact bearish sentiment has been greater than bullish sentiment for almost all year. by the way, by far, look at the chart. a record. margin balance, that has slipped from close to a trillion dollars to 664 billion in fact the rate its come down is the fastest in history. that is usually a signal the markets oversold. by the way, small trader put buying? t

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. charles: all right, so the two questions everyone is asking right now, is just how much more pain and what do we need to see on the charts to signal that the worst is over? welcome to chart school. joining me stock charts.com chief market strategist david keller. david, you posted a chart that read yesterday, the new dow theory be bullish when the s&p and nasdaq are confirming new highs. be bearish confirming new lows. obviously i have the s&p chart here, they are confirming new lows. this is the perfect down channel. so i guess the first question is how much more downside? i know it is tough to see but i'm looking at this chart, looks to me you have to go way down here maybe around 3200 before there is any real support? is that realistic? >> i think that's fair, hey, cha

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. charles: all right, folks my next guest says with safety being sold and the two top fan favorites being taken to the wood shed talking about tesla and apple, which by the way tesla is down despite record deliveries, apple of course been dogged by reports of production cuts struggling with the chinese market, the japanese market, joining me now head of technical and macro research, chris narone , and chris is breaking down. here is when you need the charts right so everyone is being looking at apple starting to break down and you start to wonder where is the next line of defense on the downside? well first let's put in a little bit of context. i can't find a bear market where ultimately the best stocks don't get sold. charles: right. >> i think it's apple's turn here largely

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. stuart: we open the show in selloff mode. we flipped and are now in rally mode. we open with a 500 point loss for the dow and we are up 463. extreme volatility, down, then up. pushing the inflation reduction. terrible timing, and ugly inflation report came out. larry elder is back. who thought this was a good idea? the day inflation hits a record. >> he's coming to la in the biggest political scandal in the history of the city. city council in la, not a single republican. a union leader, they are talking anger over districting and the premise is a sentencing redistricting commission that has meted out areas in la and these people are angry because they feel potatoes are underrepresented in california and la. it is hispanic but only 1/3 of city council is hispanic and therefore diversity, inclusion and equity th

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityr income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763. time for republicans to get tough on this. voters are connecting the dots between too much spending and inflation. >> i'm prepared for government shutdown to get our country on track. >> if you have to stop the government from running operation to fix systemic issues

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. liz: at least we are off the lows of the session. the dow is down 607 points. i had the low at 784. russell 2000 down 2%. keeping an eye on major indices, they will close in the green. in new york city inflation and staff shortages continue to playing the city's small businesses. we take you to one of those small businesses, and charlie gasparino who is in midtown. you better stave me some truffle 8er tots. >> charlie: they have a great story how you reopened your business successfully. and how you are dealing with the current problems, including inflation. it's been a near and a half since you totally reopened. what's your biggest problem. >> the biggest problem in new york city is the lack of people who have gone back to work. it's better than it was, but office

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityntial for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763. neil: dow down about 60 points right now. they're moving right now to find a new prime minister in britain. lots going on, lots for charles payne to help you with. hey, charles. charles: neil, weigh gave away another huge start to the session. neil: amazin

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763. hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. when i first started golo and taking release, my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way it should be and you feel energized. golo has improved my life in so many ways. i'm able to stand and actually make dinner. i'm able to clean my house. i'm able to do just

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. so many people are overweight now and asking themselves, 1-800-217-3217. "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now, there's golo. golo helps with insulin resistance, getting rid of sugar cravings, helps control stress and emotional eating, and losing weight. go to golo.com and see how golo can change your life. that's g-o-l-o.com. ♪ it's me, hi, on the phone, it's me ♪ stuart: oh, that's another taylor swift song from her new album, with "mid might." by the way -- midnight. it was released at the stroke of midnight eastern time. it caused temporary outages on spotify, the music app. everything, we are sure, is

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityunicipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. in fact it's improved. we've got some numbers on the manufacturing sector, came out at 10:00 eastern time and suggested weakness. apparently the stock market likes weakness in the economy. perhaps the fed won't be so aggressive and up goes the down to the tune of 500 points and there was a positive inflation element within that manufacturing report. that's helping the market. chevron, caterpillar, home depot, they are the top gainers among the dow 30. overseas now, president zelensky says more settlements have been rib rated around the -- liberated in the region after ukraine reclaimed full control of the eastern city of lyman. trey with the latest. >> stuart, good morning. there were fresh territorial gains for the ukrainians this weekend at the war grinds on

hennion & walsh has specialized in fixed income and growth solutions for 30 years and offers high-qualityoss the country. they provide the potential for regular income, are federally tax-free, and have historically low risk. call today to request your free bond guide. 1-800-376-4376 that's 1-800-376-4376. - oh, the stock market is doing that fun thing again. 1-800-376-4376 news from the future: you're going to live through that about 10 more times! (laughs) no stress. i just discovered yieldstreet. they vet investments that don't ride the stock market rollercoaster. - [narrator] yieldstreet: private market investing. ♪ wait, i don't do tai chi. i don't do most of the things you see in medicare health insurance commercials. cut! all the ads look the same because the insurance companies all see us the same. humana is different. they get to know you and listen to what you need. they have all-in-one humana medicare advantage plans with medical and prescription drug coverage. most plans include vision, hearing and dental for as low as a $0 monthly plan premium in many areas. humana has a large

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. (announcer) enough with the calorie counting, 1-800-217-3217. carb cutting, diet fatigue, and stress. just taking one golo release capsule with three balanced meals a day has been clinically proven to repair metabolism, optimize insulin levels, and balance the hormones that make weight loss easy. release works with your body, not against it, so you can put dieting behind you and go live your life. head to golo.com now to join the over 2 million people who have found the right way to lose weight and get healthier with golo. stuart: that is the jersey shore, wildwood, new jersey. i'm not surprised at the number of people walking down the boardwalk. if you like the music we are playing follow us on spot is a but ify, search varney and company or search the qr code ri

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. stu: new documents reveal the director of the cdc only met with parents once before opening schools. testifies with mostly leftists and dr. mark seigal joining us now. the cdc and teacher's union runed our public schools. what do you say? >> there was a problem early on closing schools and there was a study in europe and keeping schools open did not decrease -- did not increase viral spread. in other words if you were in school, stuart, you were less likely to spread the virus because they could control the environment. we knew that from europe and here we ignore that had, and i think that one of the reasons we ignored that is because public officials like cdc weren't meeting with parents who were howling and saying, look, my kids can't wear that mask, they're very affect

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualitys the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. ♪ ♪ >> kayleigh: under the biden administration, americans are dealing with swearing crime, rising gas prices and record high inflation. the president's poll numbers represent this vast satisfaction. never fear, hollywood is here for the president's image. hbo getting ready to release a documentary out of the midterms called "here one of political odyssey should be an american nightmare." it paints the president and a positive light since crises piled up since he has been in office. here is a peak. >> the biden administration, learn from the mistakes in afghanistan. it was funded getting out ahead of the offense instead of behind them. literally, an inflection point. >> brigades, the struggle between democracy and hit talk receive. they are betting democracies days are outnumbered. >>

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityicipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. >>> kids as young as 5 now eligible for an updated covid booster. pfizer's shot authorized for kids age 5 to 11 moderna 6 and older. the shots provide extra protection because these target the dominant omicron subvariants. children can get an updated shot only if they've had their initial vaccinations wondering how many parents will rush to get their kids boosted fewer than 1/3 of kids 5 to 11 have received two doses. >>> the price of your mimosa is likely going up and that's what's topping cnbc's on the money. >>> this year's florida orange harvest shaping up to be historically horrible. that's according to a new report today from the u.s.d.a the state expected to produce 1/3 fewer than last year and the smallest florida orange crop since world war ii. that's n

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityl bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. >> trace: we're seeing a twist in the polls. in one of the contests that could control the senate. the pennsylvania senate race is a toss-up and the state is apparently going against the national trend when it comes to one of the top issues in this year's mid terms. axios co-founder mike allen will join us in a moment. first, to bryan llenas reporting live from new york. bryan, good afternoon. >> good afternoon. the senate race in pennsylvania has focused on crime, abortion, candidate personality and health despite the fact that the economy and inflation are the top concerns for voters according to the polls. a more central focus on the economy could be coming as democrat lieutenant governor john fetterman attacks dr. oz as being out of touch with working people and

hennion & walsh has specialized in fixed income and growth solutions for 30 years and offers high-quality municipal bonds from across the country. they provide the potential for regular income, are federally tax-free, and have historically low risk. call today to request your free bond guide. 1-800-376-4376 that's 1-800-376-4376. >>> welcome back to "techcheck." couplehours into trading on this friday and tech is once again the underperformer, down almost 3%. as you can see, the dow's lost 29.5 we've got oil knocking on the door of 92 not a ton of positive numbers after that jobs report, john >> yes, carl and let's turn now to meta, the company's social network and metaverse app horizon world working through quality and performance issues it's got bugs and lags, common to a new launch. but that's according to the executive in charge of it. the verge, our friends over there, got hold of a memo, where the company's metaverse vp told his team that they were barely using the app last month in a follow-up, he added he expects employees to, quote, fall in love with the app and start using it at

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityom across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. ♪ >> we have to address this in a way that is about giving resources based on equity, understanding that we fight for equality but we also need to fight for equity. understanding not everyone starts out at the same place. >> now is not the time who get what based on where you started it's about helping people. >> we are going to support all communities. i committed that to the governor. i commit to you right here all floridians are going to be able to get the help that is available to them through our programs. >> bret: comments by vice president harris caused some consternation, let's say, not only in republicans pushing back on what was said but also in the distributing of funds in florida and other places. we have this tweet: this is false at vp's rhetoric is causing undue

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. ♪ stuart: florida's governor, ron desantis, says he will send a flight of nonviability criminals to nantucket -- nonviolent criminals. how about that? in new york migrants are going door to door asking for food and clothing from residents. i want to bring miami's mayor with, francis suarez, who joins us now. your honor, migrants will help with the cleanup for hurricane ian. what do you think about migrants working? are you in favor of it? >> well, of course. anybody who's willing to help many a crisis -- in a crisis is someone that we should welcome. obviously, we're also a country of laws and the rule of law, and so we should also expect whomever's here to be someone who follows the law. so, you know, it's, it's an issue where obviously in areas that are destroyed by hurricanes like the gulf coast is,

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality.. are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763. ♪. neil: well it could be the most expensive rebuilding effort save the fallout from 9/11 this country has ever seen, at least from a natural disaster. nate foy in fort myers, florida with the day after the president and the governor got together to deal with that nate? reporter: neil, good afternoon. today we're with the florida task force two rescue crews on fort myers beach which is blocked off from the public right now. that is what governor desantis calls ground zero of the hurricane aftermath. i want to show you a command post they're working with. you see a tent with workers of they have a map where they track incremental progress with the search efforts. you see the communication tower here. i will ask my photographer nick, to swing the camera around. this is a small example of what you see on fort myers beach. hollowed out building her

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityunicipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. so many people are overweight now and asking themselves, 1-800-217-3217. "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now, there's golo. golo helps with insulin resistance, getting rid of sugar cravings, helps control stress and emotional eating, and losing weight. go to golo.com and see how golo can change your life. that's g-o-l-o.com. ♪. charles: all right, so the market came out of gate pretty fast this quarter but the last couple of sessions obviously just a little bit tense. listen i think it makes the perfect backdrop, right? we have to test the resolve of the bulls out there. if they ever want to w

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualitym across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. liz: well, after being suspended or kicked off both twitter and instagram for anti-semitic posts and also calling mark vuker berg the n-word, ye, the artist formerly known as kanye west, has agreed to buy parler. this app, which rose to fame during the trump presidency, has been installed more than # 1 million times and counts about 40,000 daily active users. the yeezy designer and parler's parent company are looking to close this deal by the end of '22. it's not done yet, but they're looking to close it. the rapper released a statement saying, quote: in a world where conservative opinions are considered controversial, we have to make sure we have the right to freely express ourselves. this to -- proposed tie-up doesn't seem to worry investors in meta or snap. meta is up about

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. >>> welcome back the housing market in l.a. changing fast. two months ago as part of our powerhouse road trip a realtor said deals were starting to slow and today they're at a standstill as buyers panic let's bring in stephanie, broker associate with equity union in los angeles and southern california stephanie, welcome, good to have you with us. is what's happening here that buyers are afraid that prices are going to come down, down, down, so they don't want to put in at one point $3 million on a property that will be $1.2 million in a few months and sellers haven't gotten the message they have to ask for lower bids >> so absolutely, so what's happening is the sellers are starting to get the message, but they're definitely resistant because they saw neighbo

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. >>> welcome back to half as you can see the markets near session lows turning our attention to the semis. they had a huge rally this week. in fact four of the top ten worst stocks in the s&p. what does the latest mean from here giving a warning down 11% right now. >> what does it mean i wish it wasn't in my portfolio. it's a complete disaster there are sometimes you can sit here on the desk and make an attempt to fundamentally defend a story. yes, lisa su, unbelievable steward of a company, one of the best ceos in the world we get that. we understand the company and their dominance in the semiconductor space, but this is a company that just has not performed, and quite candidly i should not still be in this name to the degree i've lost a little bit of my ris

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. charles: so it is political time, right? county where i live is littered with political posters and signs.ing every other lawn, rather. one name stands out is josh gottheimer. listen i don't know much about his track record per se. i will tell you one thing i do know. he is one of the most active traders in congress. none, none of his political ads will admit as much. it really is the only thing i see when i see his name on the lawns or any billboards. you know, there has been some great work out there by the way, folks trying to bring awareness to this. unusual, bar charts is next. their senior market strategist john roland is with us right now. john, you guys have set up this political insider trading screens. are people using it? i feel like some people are angry about this, so many who are not

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualitynds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. ♪. neil: all right. it almost sounded sinister in the cnn interview with the president of the united states last night when asked about the saudis leading this opec-wide, opec plus countrywide reining in production of by two million barrels a day. we're readying a response to this. we're not happy with this, but again not detailing what that response might be. aishah hasnie following these developments very closely. i believe she is is at the state department. reporter: i am. neil, good to see you. this is very interesting watching this administration. these talks about recalibrating the relationship with saudi arabia ha has been on going quite some time since the beginning of the president's term. the talks about retaliating against the gulf ally. that is very new you a

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityprovide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763. millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, introducing, the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join them... add a line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad at your local xfinity store today. stuart: southwest florida, they have to deal with exploding electric vehicles after the water got to them. take me through this one. lauren: so florida actually has more ev's than any other state aside from california. so some of these 95,000 vehicles you're looking at one of them completely submerged in

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. liz: folks, there's a new 800- pound gorilla in the banking world after the federal reserve today approved u.s. bancorp's acquisition of nufg union bank's retail banking business. the green light for the deal gives u.s. bancorp just under about $700 billion in assets and solidifies its status, as the fifth largest retail bank in the country look at u.s. bancorp, top of the s&p right now, up 3.7%. we've got mitsubishi ufg financial down about 1%. we've got the mixed bag of results as we mentioned from the likes offer wells, citi, jpmorgan, morgan stanley, everybody higher, except morgan, now down 5%. well, all of these names, if they beat, still was overshadow ed by the fact just about all of them saw profits fall year-over-year, with more financial titans on deck to release

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityrom across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. >>> no cell phones, no gps just a bunch of gals in their trucks. it's called the rebelle rally. all women's off-road navigation rally in the u.s the race has been going strong for seven years. it doesn't require you to be a professional or even have a vehicle to race with the point is to help women get more comfortable using their own navigation skills while driving off road cnbc's jane wells got a front row seat at what it takes. >> it's 5:00 a.m. and over 100 campers in the nevada desert are waking up to the longest competitive off-road rally in america. >> we're rookies. >> reporter: they're all women >> fun time. >> taking part in the rebelle rally, over 1400 miles from lake tahoe to the mexican border. not a speed race but one where competing teams win by finding checkpo

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityegular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. charles: so yesterday, it was an article in "the new york times," you know i'm serious if i'm mentioning "the new york times," right? it revealed the federal reserve and white house have been really busy trying to see if what's happened in britain, this uk-style metdown could happen in this country. the answer is apparently yes but not imminent. the host of "kudlow," larry kudlow. before we talk about anything your thoughts what happened with liz truss because obviously you know the narrative. it is the end of reaganomics, supply-side econmics. it was irresponsible. >> in britain. charles: in britain, you know the same argument will wash up on our shores. it is not just a blow for her. they are saying the conservatives will never get back in office after this is over? >> i do think on that very last point they will be in deep yo y

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualitycipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. >>> all right. welcome back to "the exchange. as you know, shoppers are returning to stores. i mean, they already have, and restaurants post-pandemic. and that is good news for some retail reits but rising a rates, inflation, and energy have been putting pressure on the group this year. and if there was any doubt the fed will not continue with aggressive rate hikes, today's hotter than expected cpi numbers crushed it how do you run the cross-currents or navigate them. don woods, ceo of federal realty investment trust with us i know that my friend, jim cramer, has been interviewing you for years and he has called you maybe the best sort of retail reit ceo in america >> brian, he's a very nice man very nice man. >> i live near one of your properties it like many ot

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. ♪ i put a spell on you ♪ stuart: okay that is in massachusetts where it is 55 degrees and cold, actually fall, of course, and we're playing "i put a spell on you ♪ because it's october of course and halloween comes at the end of the month. if you like music we play on the show follow us on spotify, search "varney" & company or scan that qr code on your screen right now. let's get to the money. we've got what about 15 minutes to go to open the bell this monday morning, i see some green, certainly for the dow industrials. again about 370, and the nasdaq is pushing a 100 point gain. nice stuff this monday morning. president biden's angry at republicans. he says they are disparaging democrats as big spenders. roll tape. >> inflation reduction act takes the most aggressive

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityicipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. liz: we have got some breaking news, president joe biden is about to to make remarks at the white house on the bipartisan infrastructure law after earlier announcing plans to tame oil prices and pressure at the gas pump. the president authorizing the release of another 15 million barrels from the strategic petroleum reserve by december. the spr is the nation's rainy day crude reserve, and it's meant to be tapped during crises or emergencies. crude pulling back in the after-market session, the regular session saw a 3.3% pop to $85.55, but right now oil's at $85.150, up -- 10 -- up 2.2%. live to edward lance at the white house. >> reporter: yeah, liz, he talked about isn't this is last of the 180 million barrels, the president announced more than six months ago, i

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualitym across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. >>> a former housekeeper took the stand and dropped a bombshell today. this happened at the seditious conspiracy trial of the far right militia groups leader, stuart rose and his top lieutenants. the former militia member testified that stuart rhodes claimed to be in contact with a secret service agent in the months leading up to the january 6th insurrection. federal prosecutors have previously said that stuart rhodes called and unknown person on the night of the capitol riot to try to speak directly with then president trump. investigators say stuart rhodes placed the call over speakerphone, and repeatedly implored the individual to tell the president to call upon groups like the oath keepers, to forcibly oppose the transfer of power. it is unclear whether there is a connectio

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualitycome... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. ♪. liz: securities & exchange commission commissioner gary gensler may be planning a major shakeup to market structure in the coming weeks that could cause pain to major market makers like citadel and virtue financial. charlie? >> the chairman, i just appointed him chairman. liz: it said both commissioner and chairman. >> whatever. liz: which is it? >> it's a chairman, it is chairman. did i screw up my tweet? did i call him a commissioner in my tweet? no. in any event this moved the stock of virtue today, that is pretty simple. gensler is promising a plan to restructure the securities market, probably the biggest change in market structure in two decades rule mns under bill donaldson. that is it long time ago. liz: oh, wow. >> basically ad loud for many different exchanges, off, non-lit exchanges known as dark pools. the sec thought that w

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. >>> buying a home just keeps getting more expensive mortgage rates have hit their highest level in a couple of decades according to mortgage news daily the average rate for a 30-year fixed now 7.4. just a year ago it was 3%. cnbc's real estate correspondent diane olick with us. this changed so fast >> yeah, it did, shep. we got the read today on previous homes prices are still higher than they were last year, up over 8%, but they are starting to cool town it's all because of those sharply higher interest rates. just to put it in perspective if you're buying a $400,000 home with 20% down and you're using a 30-year fixed your monthly payment is now almost $900 a month more than it would have been just back in january, shep. >> incredible. so what should home b

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityhe country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. charles: you know, i've got to tell you yesterday, a few things moved as fast as that market reversal yesterday, but something is rivalling that in the uk. liz truss, the uk prime minister , what's happened so far with her is remarkable. here is part of the timeline. so september 5 she gets the job taking over for prime minister boris johnson, she promises this pro-growth government, right? she puts the gas, she puts a gas plant in place and that upsets conservatives because you don't really do that as a conservative but then she concedes a mini budget and that upset the liberals then she has her chancellor said okay this is a concept you put it together. they announce that the market swoons, bonds surge, the pound goes into free fall, but she says i'm sticking to my guns. then the bank

hennion & walsh has specialized in fixed income and growth solutions for 30 years and offers high-qualityunicipal bonds from across the country. they provide the potential for regular income, are federally tax-free, and have historically low risk. call today to request your free bond guide. 1-800-376-4376 that's 1-800-376-4376. >>> s&p laggards this morning, you'll see some chip names on there, obviously, after the revenue warning and the tsm capex guide, but also some travel, especially in the cruise lines. carnival's going to open down 5.5% our opening bell is a few moments away, and don't forget, you can catch us any time, anywhere, just listen and the follow our "squawk on the street" opening bell podcast >> announcer: the opening bell is brought to you by nuveen, a leader in income, alternatives, and responsible investing. >>> hey, want a stock that's up? listen to the "mad dash," because right now, it still looks like walgreens is going to be higher. >> that's a tough call, because it is part of the s&p 500, and those will all be pulled down, but this is a very good example of what