cnbc's karen tso is live in london covering all that for us. phillip, good morning to you. the french conglomerate packaged up a premium offer for the maker of the little blue box, tiffanyn tabled, worth $135 per share keep in mind where tiffany's stock closed, 125.51 if investors close the gap, you could see a spike of 7% in tiffany's stock. >>> key question for many drivers, what is the gas price doing? it's been tracking lower, down about 4 cents per gallon for regular. that's $2.66 signals for the tens of millions expected to hit the road over thanksgiving, driving on average 50 miles or so good signs for the weather, i'll leave it up to the experts. back to you. >> so far, that's not looking good karen, thank you >> the travel ahead of that. thank you. >>> still ahead, "frozen" is the hottest thing at the box office. >>> t the massive haul for the sequel on opening weekend you're watching "early today." in providing significantly clearer skin. tremfya® may increase your risk of infections and lower your ability to fight them. tell your doc

as consumers around the globe hit singles day hard in search of bargains keeping an eye on it is karen tsoing >> phillip, records seem to be the record of the morning. the s&p 500 clocked up a fresh record on friday the question is whether it can keep on going this way a couple headline acts to talk you through. president trump will be speaking at the economic club of new york that's lunchtime tuesday don't forget, there is a uging executed or signed at some point. watch that also, bond markmarkets we have jay powell speaking later on watch and wait to see whether there is commear interest rates. speaking of records, chinese consumers again trying to outspend american consumers all in one day this is around alibaba's singles day. $23 billion spent in the first nine hours on this big shopping event. just a short time ago, $31 billion spent. that topped last year's record taylor swift was singing some beautiful tunes to those online shoppers today back to you. >> karen, thank you so much. >> the market in china, we can't even compete >> famously so >> true. >>> up next, janessa has your week

ford unveiling their long-awaited electric mustang suv will muscle car enthusiasts buy it in kar it karen tso> good morning. ford pulled the wraps off the hotly anticipated vehicle expected to take on tesla's model y. what we've seen, the mustang c mach-e, uses their architecture, expected to be used in 40 electric cars in coming years. it also uses the mustang name. it's not been used on a vehicle o 60 miles3 seconds. pony car. t the range but 210 to 300 miles, hands-free driver assist system, and the c model when it lands in the dealerships the end of next year >>> other news, there have been reports circling that amazon boss jeff bezos might be interested in buying an nfl team with reports citing the washington redskins and seattle seahawks as possibilities. the reality given his net worth, over a tune of $109 billion, he is capable of buying all teams in the 32 nfl franchises the most expensive being the dallas cowboys at $5.5 billion small change for bezos back to you in the studio. >> jerry is never letting that one go he should start with the jets. re tnkout that kan,ha y. >>> still ah