lauren simonetti on headlines. emergency has been called in florida as tropical storm michael threatens to hit the panhandle as a category 2 hurricane this week. michael could slam the coast as early as wednesday morning dropping up to 8 inches of rain. strong winds already being felt, over 100 miles away. >> this storm will be life-threatening and extremely dangerous. today is the time to get a plan. do not put it off. there isn't any reason not to be prepared to keep your family safe. lauren: governor rick scott putting his senate campaign on hold to focus on the preparations. well, the department of homeland security standing by an apple and amazon in their denial of a bloomburg report that chinese spies placed surveillance chips the size of a pencil tip in their server hardware that could have compromised data centers. apple calls the report inaccurate. amazon says it found no evidence to support the claim and dhs says it has no reason to doubt the companies. well, one art buyer may have just been banksieded. th

i'm lauren simonetti.ressure on china's economy, beijing is out with worst than expected read for third quarter, second biggest economy expanding 6 and a half percent, however, slowest rate of expansion since financial crisis back in 2009. cheryl: exports rose despite china's trade dispute with the united states, chinese officials try to calm investors saying the fluctuations and chinese stocks don't reflect fundamentals. shanghai come po -- composite down 25% over the last year. lauren: trump administration toughening response of alleged killing of columnist jamal khashoggi after secretary mike pompeo briefed the president. cheryl: blake berman with the details. >> you can add the treasury secretary to the list, steve mnuchin announcing on thursday he will not be heading to investor conference, writing, quote, just met with president trump and secretary pompeo and we have decided i will not be participating in future investment summit in saudi arabia. tweet came after secretary of state briefed the presid

in new york, monday october 15th, good morning, everybody, i'm lauren simonetti. eryl: good morning, everyone, i'm cheryl casone, another jam-packed news weekend, we have pastor back, we have the president in front of the cameras. lauren: political news and business news, sears filed for bankruptcy protection, the company was a giant at one time for over a century they've been struggling to reverse years and years of losses under massive debt as more and more people shop online, sears who owns kmarts plans to close 132 more, billionaire who bought the company 2014 says turnaround efforts have fallen short. let's take a look at shares of sears obviously lower, 34 cents, if you think that's a lot well, this paints story, they are down 88% this year. cheryl: we will be talking more with our guest coming up. to this story, president trump issuing a stern warning to saudi arabia, the president says the u.s. will be very upset and angry if it turns tout missing saudi arabia jamal khashoggi was murdered. disappeared after visiting consulate in istanbul more than a week ag

lauren: good morning, everybody, i'm lauren simonetti, what a day yesterday? e wheels came out of of the bus from no where. cheryl: people say we shouldn't be surprise, laura mentioned, the bleeding could continue into today. lauren: tracee carrasco joins with more on the selloff we saw yesterday and we are seeing this morning, tracee, what's going on? tracee: yes, good morning, it could be another day of big losses, taking a look at u.s. stock market futures, all firmly in the red right now. we are seeing dow futures down by 297 points, s&p down 27 and a half, nasdaq down by 67. can you believe it was just one week ago that dow hit all-time high coming within 50 points of 27,000. dow saw worst day since february 8th tumbling 831 points losing 3.1%, losses across the board for all 30 dow components. 11 s&p 500 sectors saw losses and nasdaq fell 315 points. 4.1% biggest decline sign june 2016 with concerns of interest rates, tech stocks fell 4.8% to leave broader index lower, the sector's worst day of trading since 2011, industrial, consumer discretionary, big t

i'm lauren simonetti. cheryl: good morning, i'm cheryl casone. news this morning. the saudi government is claiming that washington post columnist jamal khashoggi was killed in a fist fight in its consolate in istanbul. the foreign minister is calling khashoggi's death a mistake. >> the individuals who did this did this outside our authority. there was a tremendous mistake made. what compounded the mistake was the attempt to cover up. these things unfortunately happened. we want to make sure that those who are responsible are punished. lauren: let's bring in the vice president for national security at the heritage foundation. do you buy it? do you believe them? >> here's where it gets a bit game of thrones. i don't know the truth of what happened. the saudis have to know, whatever story they put on the table is going to be measured by the u.s. government against what the turks put on the table and also what we have from our own u.s. intelligence and here's what's important for the administration. let's say the administration said we're just going

. >> good morning i'm lauren simonetti if it is not the radio what do they want in the honda?> they want something stay tuned for that story. we have a lot of breaking news this morning and we're going to start with with what's happening overseas. saudi arabia now reportedly considering admitting that rogge operative killed post columnist jamal during an interrogation at its consulate in a assemble. >> this as mike pompeo is on the ground in scraib to find out what happened. blake burman is at the white house with more. >> a phone call between president trump and saudi arabia's king on monday morning believed to be first between the two since disappearance of the washington post columnist jamal. the president made it clear that the king denies any involvement saying for his son, the crowned prince. president suggested his disappearance could be an operation carried out by rogue actors. the king firmly denied any knowledge of it. he didn't really know i don't to get into his mind but it sounded to me like maybe these could have been rogue killers who knows. we're going it try t

. >> good morning everybody thank you for starting your morning with us i'm lauren simonetti. >> stocksnce again looking like a rough day for the markets. stock index futures trading sharply lower overnight at one point dow was down 261 in premarket now down 269 actually let's bring in 20 talk about numbers jonathon portfolio manager of fox news contradict tore and author of a new textbook of americanism. a textbook of americanism.com i think i read that wrong but anyway americanism.com is the website so let's talk about about this jonathon. from the book but i want to talk about these futures because it seems to me that concern isn't about this quarter earn earnings for this quarter. seems to be at the fourth quarter it is 2019 once tax cuts wear and trade war on companies have to kick in that's what the street seem to be worried about right now. >> yes that's exactly right. my is strong right now. it is moving unemployment is quite low as you said economy is doing quite well. but the market is a forward looking indicator and it is forecasting that something is not well if not in later

thank you for joining us i'm lauren simonetti. >> well the dow spiking almost 200 points yesterday onhe u.s. trade teal with canada, president trump touting parking lot new agreement at his tennessee rally last night. >> it is the largest trade deal the united states has ever negotiated. and it is also a great deal for our country. it is going to produce jobs and companies are not going to be leaving and firing everybody and making product and sending back into the united states. no tax -- [applause] >> blakeed a white house with more had. >> president trump describing the new u.s.-mexico canada agreement as historic, saying that trade deal is a big win for the the autoindustry, and farmers and will transform america into a manufacturing power house. but once the deal is officially signed late next month then it will go into the handle of the next congress. the president top trade rep bob saying mopgd he thinks it will pass congress would be problem but the president acknowledged there is still political uncertainty. >> not at all confident. no i'm not in i don't know. why you think -

in new york monday morning, october 29th good morning to you i'm lauren simonetti. >> good morning everybody'm cheryl casone a lot of happy fans in boston. lauren: absolutely. well deserved i can't believe i said that. cheryl: i can't believe you said that either but we have a live report from l.a. coming up but right now we're looking at the market the. stocks tumbling on friday. fallings disappointing results from amazon from alfa bet but this week could be the game changer. we're goinger to hearing from apple and facebook is that going to change markets especially for nays dc and let's bring in right now justice chief investment worker joe good morning. >> let's talk about the rough news first and that is facebook. this is a stock that has been hit by multiple concerns whether it is cambridge analytica and worries about regulation in europe, fake news take your pick on facebook. no confidence vote is this the week that we see a turnaround for facebook in my opinion? >> certainly since on facebook has been poor going into earnings. you know, there's concerns about advertising and how great

i'm lauren simonetti. >> never been together on set i'm cheryl casone. >> and we'll get straight to the big story that played out over the weekend it is brett kavanaugh now justice kavanaugh. well he has been appointed to the supreme court, with the partisan fighting continues. kavanaugh swearing in on saturday he fills the 9th seat on high court and begin hearing cases tomorrow the confirmation delivering major win for trump who defended his embattled nominee against sexual assault accusations. >> i stand before you today on the the heels of a tremendous victory for our nation, our people, and our beloved constitution. [applause] >> republicans and democrats are are vowing to rally voters in next months's elections. fox news reports from washington. >> there are already signs that the fight over justice brett kavanaugh kisms will have an impact in midterm election. take a look at north dakota where democratic senator is facing a tough reelection battle. fox news poll show her trailing republican challenger kevin kraim arer by 12 point in that gap could widen after her vote against kava

fbn:am continues right now. 30 in 5:30 i'm lauren simonetti.erybody i'm shale cheryl hold on to my iphone i don't know what it is. but i'm waiting. >> holding on to them. president trump sending message it that migrant caravan as u.s. military moves over five thousand troops to border to stop thousands from illegally entering the country. >> jen kins on move again in southern mexico, griff good morning to you. >>good morning cheryl, lauren me than a thousand miles from texas border. more than 2,000 from california border but they're not deterred by president trump to not come. caravan you can see starting to wake up this is some of the -- mexican human rights organizations, volunteers helping, people waking up let me just take you it a visual we're in little town of neil in a state, and these towns just open their doors now this town it is population is 4,000 that's pretty much equal to the estimated size was caravan. this is their city hall which actually damaged in earthquake last career. but yet they've opened it their doors you see migrants

we also have lauren simonetti getting engaged on how this is falling out on main street. let's go to susan first. susan? >> we came off the worst week since march. volumes were in line with expectations. the dow would have had to rally over 83 points to make it avoid being the worst weeks in six months. tell use a lot about the conviction in this turn around. volumes were in line. there's a lot of market jitters out there. as you said, this morning is underscored by the strength in the banks. the bank earnings that came there that undermined and put a floor on the market selling. double digit market gains by j.p. morgan chase, wells fargo. interesting comment from j.p. jamie dimon. he says he doesn't know any president that has not criticized the fed for raising interest rates. now on the other side of the trade, we had consumer technology names. the big technology ones, the fangs as we call them, facebook, apple, netflix, google. amazon and netflix drove the comeback today. so we're in the middle of earnings season. this is the heavy part of it. looks like expectations a

coming up on 5:30 in the morning on 12*9 of october friday everybody thank you for joining us i'm lauren simonettining everybody i'm cheryl casone different story for investors this morning. lauren. lauren: before the bounce back this morning we do have to show you broader market. it was down 6 day in a row to in perspective longest losing streak in two years mostly on fears of interest rates going nowhere but up. >> dow yesterday losing another nearly 550 points 5.45 and change and we have christina at the new york stocks exchange with with what fueled the selling. >> you have all three markets close in the red and down 2% nasdaq down 1.25 percent and financial so what's going on? we've had this talk about inflation climbing higher that could put interest rates higher. and that waved on yield but if you look at the tenure that actually had the yield at 3.15% which was lower than just two days ago so they're seeing that because we have inflation numbers for september lower so inflation is not climb as high as we thought. we move on to oil, though, oil close lower at 2.30 losing why is that? we've

good morning, i'm lauren simonetti. cheryl: i like the joy for the holidays. lauren: positive news.eryl: we al get the positive news for you with the markets the dow hitting all-time high yesterday, jumped about 122 points and change this as president trump continues to tout his administration's trade deal with mÉxico and canada. >> the u.s. mca is an incredibly victory for farmers, rarchlers, factory workers and our entire nation. [cheers and applause] >> america is winning again and is america is being respected again. cheryl: the companies that are sensitive to trade leave the dow higher watching boeing, 3m, caterpillar all the of names contributor, more than half of the dow's gain. 102nd record close. lauren: jay powell says he sees no need to drop the gradual approach to hiking interest rates. >> inflation is currently running 2% objective. and while the two top line statistics don't always capture inaccurate picture of the overall state of the economy, wide range of data and prices do support positive view. lauren: the u.s. never experienced such extended period of stable infl

i am in for lauren simonetti. the investors on a wild ride yesterday. they saying about the market action. the managing director. they join us now. good morning scott. so you say volatility is back that's normal. what is your take on yesterday's trading. we haven't seen anything new come into the market to give this a little bit of a spook. we've seen the all-time highs. i can with some of the guys we have seen with some of the reports. until we get done moving some of these stocks from the we weekend to the strong hand. and because we haven't have any really big change in news per se more of these investors have been looking at the technical's technicals so were to are going to be trading on technicals. we can work through that. we will get to where we need to be. do you think they are peaking right now. do you expect revenue to slow after this quarter. 200018 earnings growth. but the 200,019th growth is 10% what you think? >> i think they could slow a tad. this is all what you may think the fed will do. and you know what, given my 31 years in the busi

in new york, good morning to you, i'm lauren simonetti. eryl: good morning, everyone, i'm cheryl casone. lauren: google and facebook are tone-deaf with new hardware when they have the security concerns. cheryl: yeah. lauren: big story this morning is the weather. hurricane michael is a cat 4 storm, barreling toward the florida panhandle, forecasters say it could be the worst to hit in decades. cheryl: jeff flock in florida where evacuations have been ordered, always the question, are people adhering to those warnings? >> you know, cheryl, this is a community that has large buildings, safe people so people not encourage today leave. i'm on the beach, though, and this also at low tide as what you see behind me now, i want to take you down to the water, we are at low tide now. the storm will be coming to high tide. walk with me and maybe you will see it. i can't emphasize enough, this is a classic hurricane in that i mean it's not like florence where you were worried about just the flooding and slow speed, this is moving fast but tremendously

in new york, friday october 5th, good morning, i'm lauren simonetti. od morning, i'm cheryl casone. i hear the game of thrones show is pretty good. lauren: neither one watch it. we are the minority here. another selloff in u.s. treasuries, sending yields sharply higher, the yield on the benchmark ten-year note 3.21%. that is weighing on the stock market yesterday seeing its biggest losses since june, let's bring in fox news contributor john lay feld to discuss. john, futures relatively stable this morning, is that signaling to you that the selloff was one and done or is this wait and see ahead of job's data? >> i think it's wait and see, it's not necessarily the job's data, i think we know the job's data has been good. the economy is on fire, hitting on all cylinders, the market is trading on the economic fundamentals and not necessarily the president's twitter timeline which is good thing, this is good for the economy that the market can actually get a normalized interest rate environment, we were too low and when you're too low you don't have a shock

neil: lauren, thank you very, very much, lauren simonetti. pass along an item across residedders about saudi arabia. why in our country we sort of go slow looking for punishments for saudis in the role of the death of jamal khashoggi, "washington post" journalist. they print money, huge deals. 50 billion-dollar deal announced in the oil, gas, infrastructure arena saudi arabia signed with the likes of some interesting companies that cover the gamut from hyundai to total, the energy concern, narenko, a energy concern, schlumberger, baker hughes in the united states, swiss-based company also part of that. a long-term effort to look at oil, gas, infrastructure expansion opportunities in and beyond just the kingdom. this is why we don't turn away from saudi arabia when they're talking that kind of money, on top of 110 billion-dollar defense deal we scored with them last year. if you add it all up, better than $400 billion worth of deals scored in the last two years. let's get the read on all of these deals, what is going on across the globe, how i

lauren: i am lauren simonetti and for david asman. jordi niemi on the panel commentary kaltbaum president of kaltbaum. kevin harnick of -- and the lovely heather zimmer right, vision or vice president. we should tell you that gary and jonathan are both fox contributors. take a look at their spirit the party returns to wall street with all three of the major averages rallying big-time today. the dow climbing 401 points. even after yesterday's big 600 plus points aloft. everyone getting a big boost from big tech today and we've got some big news "after the bell" from amazon and alphabet, the parent of google. both on earnings but missing on revenue. here is where they are trading right now. amazon down 7% and alphabet down about 5%. guys, would you make up more revenue? this time coming from two big tech companies. >> glad to see a little bit in the markets. this is a weak stock market. look at the results "after the bell." the stock selling off. i want to be able here and again happy to see some kind of a bounce back, but so few new hi

lauren simonetti.is guilfoyle, better known as sarge because he calls it as he sees it, and as he's very honest at how he looks at these markets. steve, you're looking at this market now going into a weekend where anything can happen. so for trading monday, what do you look for? what are you going to be following? >> well, for those folks who don't know me, don't follow me on twitter, i basically start my monday morning around 6:00 on sunday night. that's when i put away all fin things from the weekend -- fun things from the weekend, and i start watching asian markets, i'll even trade the futures if i see an opportunity at that point. and i'll sleep very little on a sunday night because you need to be alert on a monday morning. this is going to be an exacerbated version of that where we'll be paying attention to the asian markets ever more and the european markets as such. and we'll see where the s&p futures are at that point. we'll know if that little rally that we had that looked so positive because

i'm lauren simonetti in for melissa francis. >> i'm connell mcshane. this is "after the bell." let's get to gerri willis on the floor of the new york stock exchange to wrap up the big day and look at movers. >> connell, what a week. we'll talk about major indexes first. the dow ending the week slightly higher, a quarter point, big day for the dow in the green here. s&p 500 pushing back against negative sentiment for the day and the week. only nasdaq, tech-heavy nasdaq doing worse for the week. we'll do the dow winners, proctor & gamble, no doubt about it, this stock up 9%. why? they reported strongest quarter in five years. revenue up for that company in five years. it had been the second worst performer on the dow for the year. not anymore. american express doing well, up 4%. price targets on the stock moved up. disney doing well, up 2.5%. netflix having a heck of a time, continuation of the herd mentality on the stock. we'll look forward to fang earnings, tech earnings, amazon, google, microsoft. all these companies reporting, you see how they did on stocks, their stocks toda

lauren: i am lauren simonetti and for david asman.commentary kaltbaum president of kaltbaum. kevin harnick of -- and the lovely heather zimmer right, vision or vice president. we should tell you that

lauren: good morning everybody hope you had a wonderful weekend at it today i'm lauren simonetti.ck. cheryl: great to be back everybody, and coming back to some good news with stock market futures numbers soaring this morning. after the u.s. and canada reached a trade deal. just before that midnight deadline this allows canada to say in a free trade packed with united states and mexico let's bring in right now martin, senior managing director head over time products at the new bean investors. martin, good morning. >> good morning how are you doing? >> let's first start what we're seeing on market big kickoff to last quarter of the year with the news of the trade deal does this setting to you that stocks have a lot further to run? >> it is very, very positive for u.s. stocks you know, the canada is a very, very important market. i think we did 340 billion of sells to last year. two times that of china so i think it is very bullish for u.s. stocks. >> this is, of course, a big story when it comes to the automobile market. this does mean that more automobiles are going to be made wit

. >> good morning i'm lauren simonetti thanks for joining us.ressure this morning as treasury yields rise to multiyear highs. and manager and marcus treasurer joins us now to discuss we see bond market michael reopening we see a three and quarter percent tenure yield how serious of a threat is this or for the stock market? >> i think it could does a temporary destruction but long-term this is a very good thing when your interest rates are ultra low it essentially says your economy has no growth and no inflation. okay, run away inflation isn't good but no inflation is worse. take a look at japan and where japan has been for the last decade this could cause a temporary disruption but i believe believe it is a buying opportunity we saw this in late january that -- as economy started to heat up rates started to tick out stock markets sold out and back up at the high. >> now people are worried that you know, okay, it's high per interest rates but it is also a trade war possibly. so you put them together that's not good. >> well, look, definitely some

wall street expectations, the company's third quarter earnings report due today after the bell, lauren simonettiith the preview, lauren, good morning. lauren: hi, good morning, everybody, the first so-called fang stock to report, it will set the tone for big-tech momentum stocks, let me give you expectations, 68 cents and $4 billion in revenue, the number that most analysts are watching is this one, 5.32 million, that is the expected number of new subscribers added in the third quarter, netflix hopes that 676 hours of original programming essentially doubled what they had this time last year that all of those new episodes aren't -- orange is the new black, bringing the eyeballs so they can hit new subscribers. last quarter they failed mace -- miserably and the stock tanked. that's the 3-month chart. yesterday the stock fell hard, today, however, it is looking little bit better in premarket up 3 quarters of 1% at 335. i do want to point out that a trio of analysts morgan stanley, cut price target on the stock but this will be a movement stock today, no doubt in the first of the big tech companies

yesterday first on fox interview with amazon, now putting pressure on the rest of corporate america, lauren simonetti with all the details. lauren: it absolutely is, good morning, putting pressure on corporate america, 350,000 of u.s. workers $15 an hour, that is the minimum wage and that is about double, in fact, more than double the federal minimum wage, that's what am -- amazon, raking in all of this money in profit and revenue every single year. amazon is framing this as a leadership position and here is dave clark, senior vice president of worldwide operations. >> we thought about it and listened to critics and decided we we wanted to lead, when we look at 7.25 federal minimum wage is too low, it's time to change that, we we wanted to take a leadership position, we decided to go now so starting november 1st, our national minimum wage would be $15. lauren: they can do that, they have money to do that, for other retailers that squeeze, revenue was $178 billion and in the tight labor market with holidays upon us they want to pay. retail stocks got hit on the news because they don't have the wherewi

millions of dollarswhile poole cardinal health samsung, frigid air. >> we will watch, thank you lauren simonettident trump headed to florida, and georgia, today, with the first lady as search for missing from hurricane michael continues this morning, saudi arabia is lashing out, kingdom of saudi vowing to hit back against any murders in response to the disappearance of the journalist from saudi arabia the latest stay with us. >> won't you stay with me, ♪ (engine roaring) (horn honking) okay, okay, okay... (clatter) ( ♪ ) feeling unsure? oh... (nervous yelp) what if you had some help? introducing the new 2019 ford edge with the confidence of ford co-pilot360 (tm) technology. the most available driver assist technology in its class. ( ♪ ) the new 2019 ford edge. in 1948... [sfx: bottle sounds on conveyor] one bottle at a time. today, we produce nearly 20 million cases a year. chubb has helped us grow for the past 30 years... they helped us prevent equipment problems during harvest and provided guidance when we started exporting internationally. now we're working with them on cybersecurity. my gran

open enrollment ends december 7th. >>> nerpgs full swing new york stock exchange lauren simonetti ona for earnings, today we've got general electric that stock is up, right now, because cutting coasts what they are doing actually down pardon me was up down 2 1/2% slashing bold move dividends to a postponey to save 3.9 billion dollars in cash per year, yesterday. this did hit a nine-year low might be taking that, nine-year low out, this morning, also, quickly the first report under their new ceo larry said first 100 days on job is to reposition, this company for growth we will see, take a look at two dow components pfizer shares down 3%, in the premarket right now, about 3.3%, their earnings report kind of narrative that we have been saying all earnings season missed on sales and forward looking guidance disappointing they are also citing product storage pay attention to the call president called on pfizer reverse price hikes expired the end of the year. >> watching pretty good opening back to you with openly paying respects president trump headed to pittsburgh to visit tree of life s

john is with us shah gilani is with us elizabeth macdonald lauren simonetti.he last two days you've been a rock you said i'm not afraid ain't afraid of no ghost ain't afraid of no selloff and it got worse people were tweeting me what the heck is shah talking about i'm losing my shirt. do they buy today? >> they shouldn't have sold. i'm actually buying i got a buy program in starting today there's a lot of stocks gone on sale and the selling is over and actually could be over if earnings start to come out in solid double digit gains then this might have run its course typically when it kind of selling happens short period it plays out longer so it wouldn't bother me if we went down more and not substantially i think this is a buying opportunity and a lot of stocks on sale right now. >> i think overall you're optimistic is there a point where you become more bullish you know as sort of a signal that this particular moment in time as passed? >> you know when you start seeing more liquidity in the market but you look at companies like shah is right like company li

lauren simonetti at the new york stock exchange, bring me up to speed on the traders down there. they saying about this sell-off? there's no panic, obviously. reporter: there's no panic. if you look at the vix, the fear gauge, the number to watch is 25. we are just shy of 24 now. we are seeing gold buying, gold is up $16. that's your typical fear trade. there are a lot of narratives behind what exactly is causing investors to press the sell button this morning. much of this sell-off started in china. after two days of big gains for the shanghai composite because of the stimulus measures, we saw china pull back today big-time. we also saw two dow components who very much tell the china trade story, whether that's caterpillar or 3m, report earnings that really disappointed investors. that gets us to another narrative in this market. caterpillar for one actually had a double beat where they just scraped past those estimates and they cited tariffs making them have to spend more money and investors didn't like it. they are selling the stock by 7.6% today. so it's china and it's intere

. >> i'm lauren simonetti on the floor of the new york stock exchange.having a pretty nice day today. up almost 2%. here's the news. they are working on a project. basically this is the ability to play video games on any device. the freedom of the device whether it's a console or a phone. yes, you will eventually be able to play games on your phone. they're going to start beta testing next year. based on the quality of the video you receive on your phone. that is the latest on microsoft. again, i'm lauren simonetti on the floor of the new york stock exchange. more "varney & company" after this. charles: quick check on the big board. now meandering around the unchanged line. s&p and nasdaq are higher this session. google shutting down google plus after user data may have been exposed. here's the thing. they knew about this issue for months, but they didn't say anything. joining us now, ceo sultan interactive group 30s also worked on cybersecurity for the trump campaign. thanks for joining the show. >> thank you. charles: when you make of this idea there w

lauren simonetti at new york stock exchange for us today. y, lauren. >> connell, only 56% of companies reported beating on revenue. that is the narrative that we're seeing. let's go through some of the names we're reporting today. double miss for general electric, the stock is new nine-year low. slashed dividend to a penny. a lot of folks on wall street saying that might not have been enough. pfizer reported beat on the bottom line, but the miss on the top line, and guided down for the year. investors are disappointed. pfizer's stock is down 1 1/2%. your two up arrows, coca-cola. coke had double beat both earnings and revenue today. that is look at some of the earnings we already got today. after the bell, facebook a headliner. major tech stock in bear market territory. they already warned this quarter they will see rising costs. for one thing. and they will see growth slowing down. we'll see how bad it actually is. as one trader told me. anything that is not a disaster might actually be good news for this company. the stock is down 13% in th

our experts know far more and they join us, gary kaltbaum and "fbn:am" co-host lauren simonetti. if this did not go through, if this nomination did not go through i would imagine it would be unexpected development. maybe they can live with that, maybe they can't, but i don't think it is something they have been counting on. >> there is so much uncertainty with this white house, neil. i disagree with her. neil: cut her mic please, guys? >> you got me. i thought that was for real. you had a great shot when you first introduced the segment, showed the dow sinking and showed 10-year yield spiking. happens at same time the low of the session for the dow as we hit a new seven-year high for 10-year treasury yield. more after rate story. no big deal, we're moving towards normalization of rates. november, tricky times after midterms. we see traditionally a gain of broader market on average, regardless, neil, which party wins. so i think yes, the kavanaugh nomination and confirmmation sun certainty for investors but we have so much uncertainty? trade is another one. neil: you're right. gar

lauren simonetti has the details now. lauren: good morning.pany based in california by law must have at least one woman on its board of directors by the end of next year and by the end of 2021 the numbers increase. in his signing memo, governor jerry youly brown writes given all the special privileges corporations have enjoyed for so long, it's high time corporate boards include the people who constitute more than half the persons in america. critics include the california chamber of commerce. they argue the bill is unconges tuesdayal. they say it potentially elevates gender as a priority over other aspects of diversity. governor brown signed the bill, c.c.ed the senate judiciary committee in his message an wrote that the judge kavanaugh hearings, quote, make you it crystal clear that many are not getting the message. the thinking is more women in power can help reduce sexual misconduct and as for the companies that do not comply, fines of between $100,000 and $300,000, a quarter of publicly traded companies in california do not have women on

lauren simonetti with with us now with the details. lauren: that's a pretty explosive report.a, and it says that chinese spies infiltrated almost 30 u.s. companies including amazon, apple, and others by pulling off a hack that is so difficult to do, it's getting into the hardware which are the guts of the computer by installing a little tiny microchip in the mother boards of a company that's called elemental technologies. amazon purchased that company three years ago. amazon, apple and others are denying bloomburg's report but we are seeing in real life the ramifications of such an attack in the current trade dispute with china that's centered around the protection of intellectual property. american companies trade secrets and the vice president will get to this when he makes a pretty prprovocative speech about china later today. more is less for some workers, they're complaining that amazon's minimum wage hikes to $15 an hour, which also includes losing stock options and incentive pay, will actually give them smaller paychecks. presently, when you're hired if you're an hourly

lauren simonetti with details. lauren: we have a date and we have a place.n musk tweeted over the weekend, first tunnel almost done and he responded to a follower on twitter, when, we will open december 10th, his boring company on december 11th will take the public on free rides of a tunnel track. check this out which will run in hawthorne, california, spacex, another one of musk's company, north 200th street, 2 miles, uses loop system which transports car or vehicle as you can see on platform which skates you 150 miles an hour to destination, no traffic, no speeding ticket. when musk announced the boring company back in 2016 because he was bored sitting in traffic, most people thought he was nuts, but once again visionary ceo making due on pie in the sky idea and inviting the public to try it out for free and that maybe his way of fairing well in the court of public opinion because at least two of his tunnels face lawsuit, in california they are word about environment and tunnel lg could do to residents home. musk is working on another stadium to train stat

lauren simonetti with with more on this. lauren: i love this story.ho is no fan of president trump, he owns the washington post, the newspaper highly critical of the president, yet bezos says tech companies cannot turn their backs on the department of defense. let's listen to bezos' own words here. >> we are going to continue to support the dod. and i think we should. it doesn't make any sense to me -- sometimes one of the jobs of a senior leadership team is to make the right decision even when it's unpopular. and if big tech companies are going to turn their back on the u.s. department of defense, this country is going to be in trouble. lauren: he was referring to google's decision not to compete for a $10 billion ten year pentagon cloud computing contract, the reason google said it conflicted with corporate pellsprinciples the same one tht they didn't compete for another deal that would have use drone footage. employees protested, saying they didn't want their company engaging in the business of war. that is why jeff bezos is getting a lot of credit

lauren simonetti with all the details now, another product to us. ther fine, two fines that they are facing from europe, they are appealing the latest one, it's a 5 billion-dollar eu antitrust fine, regulators in europe accusing google of strong-arming phone makers by making them preinstalled google search engine on devices. the eu says google would not only have to change that behavior but also pay the fine and if they don't, they'll have to pay up to 5% of their daily global revenue until they agree to regulators' terms, tremendous repercussions are possible here and the upshot could be that android software would not be free because if google isn't allowed to have it preinstalled that potentially means less revenue coming for them but then look again, android is so consumers, consumers might seek out google products anyway. as you know coming to me, maria, latest battle for alphabet after news yesterday from wall street journal that google try today cover up a privacy breach at google plus, google is now telling customers not only trust us with yo

lauren simonetti with all the details now. i'm scared. lauren: it's a tone deaf mood.. it's a video chat device, face time on steroids. it lets you talk to your facebook friends. the camera uses a.i. to see how many people are in the room and to adjust as they move. ain't cheap. you can preorder it now for 200 to $350. are you going to spend that kind of money to allow facebook into your home? particularly after the cambridge analytical data breach and the recent hack where 50 million users' data was compromised. well, facebook is responding to anticipated backlash. here we go. they say, facebook doesn't listen to, view or keep the contents of your portal video calls. portal's camera doesn't use facial recognition and doesn't identify who you are. they add that you can disable the camera and the microphone on your own. you can also put a cover, tape, over the camera lens. which by the way is something that ceo mark zuckerberg has been known to do to his own devices. consumers don't like this. investors don't like this. look at how both of these stocks, facebook and alp

lauren simonetti, still ahead rewriting trade president trump pinning a brand-new trade deal with mÉxicoada, we will give you details back in a minute. . . . maria: welcome back. good tuesday morning, everybody. thanks so much for joining us. happy tuesday many i'm maria bartiromo. it is tuesday, october 2n 2. your top stories right now. touting trade, president trump celebrating the new nafta deal from the white house yesterday but also saying it's about more than just canada and mexico. >> it's a privilege for them to do business with us and i'm not talking about mexico, i'm talking about everybody, everybody. it's a privilege for china to do business with us. it's a privilege for the european union who has treated us very badly but that's coming along, to do business with us. maria: markets pulling back this morning after a pretty good rally yesterday, the dow industrials down 70 points, quarter of a percent, the s&p is down a quarter of a percent, this is off of the lows of the morning. so that's that. nasdaq is down a third of a percent after a pretty good day yesterday with the dow

weaker-than-expected lauren simonetti on the floor of the new york stock exchange watching all the action told be we are not in a bear market but vix pushing 24 fare gadget goals he climbing 16 dollars investors nervous the message glass is half empty a huge loser would be dow component industrial stock 3m, double miss on top and bottom lines cut full year guidance, the stock is selling off if you have add losses from 3m caterpillar bellwether for china trade that was a double beat for earnings on caterpillar if you look losses, between caterpillar 3m premarket 150 points chopped off the dow maria. maria: all right. thanks very much we will watch that we are looking at seven percent sell-off in 3m and caterpillar joining to weigh in host of "varney & company" stuart varney this morning, your take good morning to i. >> that is a very good question, i am not sure i've got a direct take for you. is it something to do with china? is it something to do with europe? is it earnings? is it the five dow stocks not all of them reported but there are five dow stocks sharply lower, they are boeing ca

lauren simonetti has the story. >> i sure do so wall street journal spoke to 70 current and former netflixion an they talk this is the headline of the general article radical transparency and blunt firings that you are held accountable for everything that you say and everything that you do and when that executive coo jonathon was fired for using n word on two occasions they sunshined it you need to be part of this corporate lingo corporate culture where he sun shines something he said this is what i did and why it was wrong and then you're held accountable for your actions. and then they explain to everybody in the company why you were fired what you did wrong. i know you're going to say what's so wrong about that -- >> but isn't that transparency. it is. but to the extreme -- that you have to fit in with the company's culture if you do it not, they have every opportunity to fire you because you're not conforming so we with criticize silicon valley as being conformist but you can get fired and employees are worried about. they're demoralized by that and fear being fired but number of emplo