melissa. >> thank you, leslie all right i'mless melissa lee. watching "fast money" first in business worldwide here is what else is coming up. >> active wear. >> yep active wear is one of the hottest retail trade this year about but one stock that may have gone too far too fast we tell you the name. plus, the next big catalyst for cannabis could be coming straight from capitol hill we tell you who the bigds winners could be winners could be much more "fast money" next. because i'm retired now. so? we're voya. we stay with you to and through retirement... with solutions to help provide income throughout. so you'll still be here to help me make smart choices? well, with your fit is. we had nothing to do with that, uh, tie. or the suit. or the shirt. voya. helping you to and through retirement. >>> welcome back to "fast money. pot could get another political boost despite all the trade talks and chaos in d.c congress has been putting the final touches on the farm bill, the agricultural legislation that could go to both sides of congress next week

i'm andrew ross sorkin with joe kernen and melissa lee is hanging out for all three hours this morningutures after what was a heck of a day yesterday in the green looks like right now dow would open down off about 40 points. nasdaq looking to open off by 41 points s&p 500 looking to open off by 10 or 11 points right now. let's see what happened overnight in asia after what was an unusually great day for the markets. the nikkei up close to 2%. hang seng up a little bit. shanghai off marginally. let's look at europe overnight you're looking at a bit -- can i call it a mixed picture? most of that is in the red with the exception of the

live from the nasdaq market site overlooking new york's time square i'm melissa lee. tonight on "fast," general motors surging as it announces a major restructuring plan the stock is up 15% in the last month as the rest of the market struggles, does it have more room to run? plus a record-breaking run for retail is the retail rally back on? and it was a major rally on wall street stocks snapping back with the dow surging 300 points consumer discretionary and financials leading the way the s&p 500 emerging from correction territory while the nasdaq jumped 2% we start with apple falling in afterhours as president trump pounds the table on more chinese transfers. let's go to eamon javers. >> the president gave an interview to the "wall street journal" that was published this afternoon and in that interview he talked about the possibility of adding additional tariffs on chinese products coming into the united states if he doesn't get a deal with the chinese which is what he's said in the past but he talked about imported iphones and laptops from china and this is the quot

i'm melissa lee along with joe kernen andrew ross sorkin is reporting live from the annual baron investmentonference, he will join us in a bit with guest host ron baron. and i guess he will talk about tesla, which you eluded to >> maybe, maybe not. we'll see you later. >>> let's check the markets. joe mentioned the dow lower by triple digits. down 120 points. s&p looking to open lower by 15 1/2 nasdaq down by 62. still digesting the fed meeting yesterday where there were minor tweaks to the language, particularly concerning business investment we'll get to that in a moment. overnight in asia, that trajectory is still lower. the nikkei down by 1%. hang seng down by 2% shanghai down by 1.40% in europe, let's see if we're taking cues from the asian markets. we are we have red arrows across the board with the italian minute down by 1.25%. as for treasury yields, we're watching that closely. on the ten-year up to 3.22 or so right now at 3.028%. >>> shares of disney moving higher shares of the entertainment giant are moving higher. disney reporting a record profit last quarter disney also announc

. >>> and thank you, scott and the gang i'm melissa lee. the dow trying to avoid a fifth straight day of losses time to go bargain hunting or hunker down. the ultra wealthy, we'll tell you why and the stocks they're snapping up now. >>> plus, facebook under fire. a new expose reviewing alarming details on how the company is dealing with scandals. does zuckerberg have to go what about sharyl sandberg carnage in crypto land plunging below 100 billion it is down 60% in 2018 are bigger losses ahead or is a big rebound coming "power lunch" starts right now >>> and we do welcome you to power lun. i'm bill griffeth. another wild day here. the dow was down almost 300 points the nasdaq is carving out gains right now, at least it's trying to it changes by the minute like weather in denver crude oil changing its rebound after posing the longest losing streak on record the british pound has been under pressure following a series of departures in the ranks of british government including the brexit secretary we're watching the news conference in london

live from the nasdaq market site overlooking new york city's times square i'm melissa lee. traders are steve grasso brian kelly, tim seymour and dan tonight on facebook facebook could be facing regulations as reports of turmoil dominate the news feed. fresh faces in the c sweet will that get the social giant on track. plus the trade trauma continues as competing headlines give the investors whiplash the president puffing the possibility of a deal. white white house officials tamp down expectations. we start off with the cracks in the market spreading that's right semis slams after the nvidia earnings report. retail starting to fall apart. and high yield bonds deteriorate. do you think it's holding up while the rest of the market sold off in october? are the cracks breaking the market how bad could it get. >> it's about the market not about the economy. there is a lot of the sectors you could have looked looked at semi conductors you mentioned topped out earlier in the year in march we saw weakness home builders. banks topped out in the first half of the year i'm not certain

go to cnbc.com i'm melissa lee. our watching "fast money" on cnbc worldwide here is what's coming up on fast. >> a bird, a plane. >> actually it's a cat shares of the industrial giant are soaring this week but the chart master says don't trust the bounce he explains plus. >> it's fair to say i would not have tweeted some of the things i tweeted. unwise. >> no kidding but ee lean musk tweets may not have done as much damage to tesla as you might think. there is much more to "fast money" right after this. at som >> announcer: this cnbc program >> announcer: this cnbc program is sponsored b no, i'm pretty sure i didn't order a squirrel playing a guitar. that's why you work with watson. it works with your systems to resolve calls faster and improve customer satisfaction. i detected fraud and helped reassign a new credit card. let's put smart to work. honey, they're overnighting us a new card. woooo!!! woooo!!! for ai that works with tools you already use, choose watson. hello! the best ai for the job. your but as you ge

i'm melissa lee. our traders on the desk. tonight on fast, electric shock, g.e. falling 6% today as jp morgan says it's heading to $6 if you think the pain is over we tell you how to trade with limited risk plus semis slams and something happening next woke that could determine the fate of the group. we tell what you it is we start with what was shaping up to be the notify you are looking for blue skies and birds singing red october over it looked like the bull market was back we even got to the mid-terms unscathed. but the markets snapped back to reality. and the selling back we started to see some creeping in yesterday today the dow dropped 200 points the nasdaq down 2% worries about trade and fed continue to hit the market are we setting up for a year end selloff no more pain ahead. >> it not easy being green especially when are the fed is hard atwork. but i'll be oscar the grouch the bottom line we have the fed doing what nepd two weeks ago. letting the fed settle in alongside of really market p. o. boxing with, moving the % in seven days we had huge boundbac

we're live at the nasdaq market site in times square i'm melissa lee along with joe kernen and andrews sorkin. our test host is dana telsey let's get to the markets as we set up for this holiday-shortened session. markets do close at 1:00 p.m. today. we have a few hours of trading dow looking down by 124 points s&p is looking to lose about 14. nasdaq looking lower by 47 overnight in asia, we had a selloff in shanghai. japan is closed for a public holiday. hang seng down by a third of a percent. in shanghai, down by 2.5%. european equities are digesting german pmi, which was delow expectations a check on treasury yields, ten-year at 3.052% the twos at 2.82%. >>> it is the biggest shopping day of the year. this is a live shot of the mall of america in minnesota. the doors just opened. traffic at the malls and stores expected to peak later this afternoon. many stores open on thanksgiving courtney reagan will give us the rundown in a few minutes >>> nissan's board voting unanimously to remove carlos ghosn from his post. he was arrested earlier this week on allegations of financial miscond

i'm melissa lee along with joe kernen andrew ross sorkin is reporting live from the annual baron investment a bit with guest host ron baron. and i guess he will talk about tesla, which you eluded to >>

. >>> i'm melissa lee president trump meeting world leaders in argentina but it is his showdown with china's president xi tomorrow that wall street is focusing on. will they strike a trade deal and what's at stake for investors? >>> marriott's massive hack attack. names, phone numbers, email address, passport numbers and more and the breach goes back years. we've got the fallout straight ahead. >>> and check out this mystery chart this sector having its best week in two years. it is also the best performing sector this month and this year by a long shot of the why it could be a healthy bet for 2019? "power lunch" starts right now. ♪ >>> who knows? it is songs from the big judiciary. i'm brian sullivan. the dow is lower at this hour but happy friday any way. the dow is still aiming for its best week in two years. you got better than expected manufacturing data that is helping the broader markets and barring any kind of major selloff over the next few hours, the dow is set to end higher for november. the nasdaq hovering around bake even. it has the shot at breaking two month losing str

"power" starts now >> see you soon, scott i'm melissa lee. good riddance, october hello, november. historically one of the best months of the year will it be a november to remember the five things that could decide where the markets go from here and it is the earnings everyone is waiting for apple reporting after the bell the three key metrics to watch for that could fuel the stock higher from here and the failing "new york times" actually on fire strong earnings, growing digital subscribers, and a stock that's ral l rallying today, up 50% this year alone. ceo mark thompson joins us first on cnbc. "power lunch" starts right now >>> and welcome to "power lunch. i'm contessa brewer. the dow rebounding after dipping earlier in the session all three up for a third straight day, something the s&p 500 hasn't done in well over a month. oil prices, though, sinking. crude taking a leg lower this hour materials and industrials the best performing sectors today. utilities and energy among the biggest laggards the mattress retailer missing estimates and cutting its outlook. hanes dropping on m

what we deliver by delivering. >>> i'm melissa lee.he alarm saying ceos are telling him the economy has quickly cooled. what signs are they seeing that's impacting their outlook >>> the facebook fallout continues from "the new york times" expose sending the stock to more than one year low. is it still a risky bet or buy >>> will amazon's new headquarters be completely underwater by 2050. some experts say yes. we've got a look at the rising risks. "power lunch" starts right now. >>> welcome to "power lunch." i'm contessa brewer, stocks volatile in today's sessions. we're offsession highs after a big rally on trade comments from the president. the dow as you can see up .35%. on pace for its worst week since late october. a bad day for retail. the etfxrt on straight for hits straight down week. nordstrom, william sonoma and rh leading today's declines. >>> and the fang in the red today led by facebook. >> another frustrating day for those of us who want clarity on trade and tariffs. look at the s&p 500, 2722, you know, about an hour ago.

. >>> i'm melissa lee president trump meeting world leaders in argentina but it is his showdown withresident xi tomorrow that wall street is focusing on. will they strike a trade deal and what's at stake for investors? >>> marriott's massive hack attack. names, phone numbers, email address, passport numbers and more and the breach goes back years. we've got the fallout straight ahead. >>> and check out this mystery chart this sector having its best week in two years. it is also the best performing sector this month and this year by a long shot of the why it could be a healthy bet for 2019? "pow l

we're live at the nasdaq market site in times square i'm melissa lee along with joe kernen and andrewe markets as we set up for this holiday-shortened session. markets do close at 1:00 p.m. today. we have a few hours of trading dow looking down by 124 points s&p is looking to lose about

thank you so much for being here thank you, all of you, for your service. [ applause ] >>> i'm melissa leeenu. the markets reversal stocks falling after a big weekly rally was the market overbought, or is this a one-day blip? oil is doing something it hasn't in 35 years and it could have an impact on the economy. >>> plus, we'll debate the fda's bold plan to restrict the sale of flavored ecigarettes. >>> going once, going twice, sold

power lunch starts right now >>> welcome to power lunch, i'm melissa lee. the dow is under pressure, the s&p and nasdaq carving out some mod et gains at this point both off session highs, still trading below 200 moving averages oil record breaking losing streak crude oil is down for a 12th straight day, hitting its lowest level in a year. caterpillar and 3m, the best perform performers home depot adding pressure, despite beating com store sales. tyler? >> thank you very much melissa, trade tensions heating up today but not between the u.s. and china, between two members of the president's economic team. elan mouy joins us to explain this >> they don't call it a team of rivals for nothing first it was peter navarro, w n warning wall street globalists to stop pressuring the president to cut a deal with china then today larry kudlow delivered this epic clap back. >> he was not speaking for the president, nor was he speaking for the administration, his remarks were way off base, they were not authorized by anybody i think he did the president a great disservice

don't go away. >>> i'm melissa lee. we are 24 hours away from the next fed interest rate decision.hat will chair powell signal about the pace of rate hikes and what does the market want to hear >>> trade and health care, two issues front and center as the president starts the second half of his term under a new congress >>> and bull's eye, target rallied 32% this year, but one analyst says it has more room to room to run. he'll join us with his take. "power lunch" starts right now >> melissa, thank you and welcome, everybody, to "power lunch" on a busy post election day. we are seeing a significant post election rally the dow on pace for its highest since october 9. the s&p and nasdaq highest possible close since october 17th, less than a month ago. the russell 2000 has moved out of correctionterritory with th gains that you see right there today. all 11 of the s&p 500 sectors are higher, led by health care, technology, and consumer discretiona discretionary. communication services and industrials they have now moved out of correction territory. west texas crude meanwhile down near

live from the nasdaq market site over looking new york city times square i'm melissa lee. our traders are on the desk. it's the most feared technical indicator on wall street, the death cross. it's rearing its ugly head on small caps it may spell trouble ahead for the market a crude selloff, the worst day since september 2015 as it hits the lowest level in a year how low can it go? we start with apple under pressure bad news and more bad news since the all-time high and october 3rd. the stock has been in meltdown mode, down 18% from the high nearing a bear market. apple lost 20 billion in market cap as worries over shipment and demand have questioning on the trillion dollar valuation. as the stock closes below the 200 day moving average is there more pain ahead for the giant? this guy was supposed to be the defensive tech stock in the market. >> the a week or so ago it went up to the smart board and the power pitch on apple and it turned out -- firps it look like a genius. >> you pitched it as a short to be honest i thought you imprisoned -- dsh kudoss to you nice job. >>

right, mel >> why not >> i would be inclined to take a look at that tomorrow, melissa lee. >> that does it for us here on "fast. meantime, don't go anywhere. "mad money" with jim cramer starts right now >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica call me at 1-800-743-cnbc or tweet me @jimcramer. but the word

does, live from the nasdaq market site overlooking new york's times square, i'm joe kernan in for melissa lee, feeling pretty comfortable here, pretty much at home. thank you, you lent us this desk for a while before we move downstairs on squawk box these guys are my friends, pete najarian, brian kelly and tim seymour. i wish there was a better reason for us to be together tonight but it's not once the market started selling today it didn't let up the dow sinking 600 points, closing near the los of tws of day. tech leading the way big time to the downside nasdaq weaker. for more, let's get to bob pisani for the details robert >> hello, joe. good to see you. the market is boxed in due to the problems with the fed and global growth. those are the two issues today's decline in tech can't be blamed exclusively on apple. all right, it was down 5%. momentum one of apple's facial recognition suppliers and others are all weak along with big semiconductors, but the fact that all the fang names were down 2% to 3% and the industrial and the energy sectors were down 1.5% each, it points to a much bigger

right, mel >> why not >> i would be inclined to take a look at that tomorrow, melissa lee. >> that does it for us here on "fast. meantime, don't go anywhere. "mad money" with jim cramer starts right now >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica call me at 1-800-743-cnbc or tweet me @jimcramer. but the word is we're in a bear market, nonetheless, right sucker typical bear market lurs you in and rips your heart out, right? there, i said it that and $5.35 will get you a triple venti cappuccino with skim whip at starbucks after an ugly day and not so ugly day the day where the dow at one point plunged 354 points to rally only 267 points. nasdaq 0.9%, thank you, apple. this is nothing new. no revelations here. just keep moving it's not like we just woke up this morning and found yourselves in yellow stone national park running for our lives. we're at least running faster than

i'm melissa lee. you're you're watching cnbc. in the meantime here is what else is coming up on fast. >> well, the news might not be good for the health care sector after the mid-terms. we'll tell you why it might be a lose lose situation for some of the biggest stocks >>> plus. >> get in looser we are going shopping. >> that's what investors do as retail stocks rip gh sulhierhod you trust the bounce there is more "fast money" right after this ade the first commercial wireless phone call in 1983. yes, this is bob barnett in chicago. (john) we were both working on that first network that would eventually become verizon's. back then, the idea of a nationwide wireless network was completely unreasonable. but think about how important that first call was to our lives. it opened the door to the billions of mobile calls that we've all made in the last 34 years. sometimes being first means being unreasonable. i'm proud i was part of that first call, and i'm proud that i'm here now as we build america's first and only 5g ultra wideband n

i'm melissa lee and this is "fast money. here is what else is coming up from a snowy new york city tonight. >> we have a deal. deal or no deal? let's make a deal. so what is the deal? is wonderi. one top strategiste market plus. >> ♪ i got to stay high. >> announcer: spot stocks light up as another multibillion-dollar cannabis company hit the market the ceo joins us in an exclusive interview. there is much more "fast money" after the break. own. they don't settle. and they don't quit... except for cable. cable? oh you can quit cable. because we are cougars and we don't quit!! unless what?!?!?! [team in unison] unless it's cable! quit cable and switch to directv and get the most live sports in4k more for your thing. that's our thing. 1-800-directv ♪ ♪ move to the enterprise-grade cloud that's built to handle all your apps. ♪ ♪ the ibm cloud. the cloud for smarter business. >>> welcome back to "fast money" appear wild day for the market the dow accepting 300 points at the lows of the session. and then reversing ending up it 00

. >> i'm melissa lee president trump ready to go all out in the trade war with china saying tariffs onther $200 billion of chinese made goods to be coming. what's at stake for the markets and economy. >>> apple caught in the cross hairs of that trade war, what double digit tariffs could mean for iphone sales, apple stock and the growth. >>> fed chair powell speaking tomorrow about the economy the one word the markets want him to say "power lunch" starts

. >> thank you very much for watching "power lunch" starts now >>> i'm melissa lee.cks rallying on the first full trading day off thanksgiving but is the bottom in should we start buying here. we'll debate and hitting the brakes general motors announcing a biggest restructure, cutting production and slashing model and jobs and what it is signaling for the auto sector. >>> and the holiday shopping season getting off to a stellar start. today expected to be a record-breaking day for online sales. the retail names that are set to cash in. "power lunch" starts right now ♪ ♪

good weekend, everybody "power lunch" begins now >> thank you >>> and welcome to "power lunch" i'm melissa leelong with contessa brewer. president trump talked about wanting a trade deal with china and that more tariffs may not be needed >> stocks are spiking following those comments dow up 174 points and s&p 500 positive by nine and the nasdaq unable to burst into the green it remains lower by about ten points >> so for more on those market-moving headlines from the president, let's get right to eamon

starts now live from the nasdaq market site overlooking times square i'm tyler mathisen in for melissa lee. i'm not in kansas. pete narj. brian kelly, dan nathan appear guy dmaum dma yup process we are all over the big movers. drop box active vision all reporting earnings moments ago the conference calls under way and we bring ut the latest details on that. and tom rogers is here to give us his reaction to disney earnings and what it means for the media space and the future of tv and entertainment, how we consume it first the big story of thedy the federal reserve keeping rates where they have been and saying it's on track to continue raising them steve liesman is still down in washington i told you to get on the train, steve. >> you didn't tell the producer of the show, tyler. >> no, i will put in a good word. >> jason if you could send a note but meanwhile let's talk about the aforementioned federal reserve which kept the rates unchanged in the november meeting. the range is 2 to 2.25 rate for the overnight funds rate but did signal the rates will rice meaning probably another quarter po

. >>> and thank you, scott and the gang i'm melissa lee.he dow trying to avoid a fifth straight day of losses time to go bargain hunting or hunker down. the ultra wealthy, we'll tell you why and the stocks they're snapping up now. >>> plus, facebook under fire. a new expose reviewing alarming details on how the company is dealing with scandals. does zuckerberg have to go what about sharyl sandberg carnage in crypto land plunging below 100 billion it is down 60% in 2018 are bigger losses ahead or is a big rebound coming "power lun"

. >> thank you very much for watching "power lunch" begins right now >>> i'm melissa lee.day on wall street following yesterday's massive fed-fuelled rally. are investors being led into a bear trap or should you get ready for a santa claus rally. president trump says he and president xi are close to do something, but we will get a trade deal >>> and the president ripping into general motors again over its plan to slash thousands of jobs we'll speak to a key player in gm's bailout and separate fact from fiction and look ahead what is in store for gm "power lunch" starts right now

"power" starts now >> see you soon, scott i'm melissa lee. good riddance, october hello, november. best months of the year will it be a november to remember the five things that could decide where the markets go from here and it is the earnings everyone is waiting for apple reporting after the bell the three key metrics to watch for that could fuel the stock higher from here and the failing "new york times" actually on fire strong earnings, growing digital subscribers, and a stock that's ral l rallying today, up 50% this year alone. ceo mark thompson joins us first on cnbc. "power lunch

i'm melissa lee. traders are tim seymour. steve grasso karen finerman and dan nathan. we start with the which would day on wall street after a big night in d.c the dow surging more than 500 points soaring into the close ending near the highs of the session. the best day for stocks following the midterm elections since way back to 1982 but while wall street went wild, the real drama came from inside the beltway. our own eamon javers is back at headquarters with the details. eem sfwloon melissa, that's right. we had the wild press conference from the president in the east room down in washington, d.c but then shortly after this late this afternoon the white house announced that the president had removed his attorney general jeff sessions, replacing him with session's own chief of staff matthew whitaker somebody who has been critical of the special counsel's office straying too far from the mission. whitaker having written about a year ago an op-ed in which he suggested the special counsel should not investigate the president's family and finances. he should stick to inve

. >> brian's grateful for josh i'm melissa lee. markets rebounding from two really painful days.ks in the s&p 500, though, are still in correction territory is it time to go bargain hu hunting? yes. sell-off dividend stocks that have been rallying the past couple of months dividend darlings to protect your portfolio >>> ready, set, shop black friday and holiday shopping season, the trends that are emerging and retail names that are prime to cash in. "power lunch" starts right now ♪ you've got that james

"power lunch" begins right now >>> i'm melissa lee.is what's on the menu volatility is back and in a big way. a 600-point drop on monday 300-point swing yesterday. and now the apple is big dog the dow is the big dog apple falling into bear market territory. should this put fear in the hearts of investors? a look at why new york and virginia won the coveted amazon hq2 and the reaction from a number of cities that ended up as big loseers in that competition. plus, oil bouncing back from its longest losing streak ever is this the turning point, or is there more pain to come? and snap get

i'm andrew ross sorkin with joe kernen and melissa lee is hanging out for all three hours this morning becky is off today look at u.s. equity futures after what was a heck of a day yesterday in the green looks like right now dow would open down off about 40 points. nasdaq looking to open off by 41 points s&p 500 looking to open off by 10 or 11 points right now. let's see what happened overnight in asia after what was an unusually great day for the markets. the nikkei up close to 2%. hang seng up a little bit. shanghai off marginally. let's look at europe overnight you're looking at a bit -- can i call it a mixed picture? most of that is in the red with the exception of the uk with the ftse 100 treasury yields, this is the number that a lot of people are focused on right now you can look at the ten-year at 3.223. >> we're following breaking news out of california. police are reporting at least 11 people are dead after a gunman opened fire at a bar in thousand oaks authorities say the shooter is dead hundreds of people were inside the bar at the time of the shooting the bar was hosting a

starts now live from the nasdaq market site overlooking times square i'm tyler mathisen in for melissa leey, dan nathan appear guy dmaum dma yup process we are all over the big movers. drop box active vision all reporting earnings moments ago the conference calls under way and we bring ut the latest details on that. and tom rogers is here to give us his reaction to disney earnings and what it means for the media space and the future of

i'm melissa lee. our traders on the desk. tonight on fast, electric shock, g.e.gan says it's heading to $6 if you think the pain is over we tell you how to trade with limited risk plus semis slams and something happening next woke that could determine the fate of the group. we tell what you it is we start with what was shaping up to be the notify you are looking for blue skies and birds singing red october over it looked like the bull market wa

live from the nasdaq market site overlooking new york's time square i'm melissa lee.onight on "fast," general motors surging as it announces a major restructuring plan the stock is up 15% in the last month as the rest of the market struggles, does it have more room to run? plus a record-breaking run for retail is the retail rally back on? and it was a major rally on wall street stocks snapping back with the dow surging 300 points consumer discretionary and

live from the nasdaq market site overlooking new york city's times square i'm melissa lee.ve grasso brian kelly, tim seymour and dan tonight on facebook facebook could be facing regulations as reports of turmoil dominate the news feed. fresh faces in the c sweet will that get the social giant on track. plus the trade trauma continues as competing headlines give the investors whiplash the president puffing the possibility of a

i'm melissa lee. traders are tim seymour. steve grasso karen finerman and dan nathan.d day on wall street after a big night in d.c the dow surging more than 500 points soaring into the close ending near the highs of the session. the best day for stocks following the midterm elections since way back to 1982 but while wall street went wild, the real drama came from inside the beltway. our own eamon javers is back at headquarters with the details. eem sfwloon melissa, that's right. we had the wild press conference from the president in the east

live from the nasdaq market site over looking new york city times square i'm melissa lee.e desk. it's the most feared technical indicator on wall street, the death cross. it's rearing its ugly head on small caps it may spell trouble ahead for the market a crude selloff, the worst day since september 2015 as it hits the lowest level in a year how low can it go? we start with apple un

>>> thank you to melissa lee i need to correct you. >> you correct me. >> you know what i am talking about. i am kidding make sure you join us next week. "squawk on the street" is coming up next. good friday morning, welcome to "squawk on the street," i am carl quintanilla with david faber and jim cramer we'll speak to alibaba's president, michael evans and p & g, david taylor. futures are weak 10-yr is near 3.23 our road map begins with the wild ride for the market continues. futures point to a lower opening and crude getting crushed below 60 and down for a ten straight day. >> general electric gets a cut the analysts say earnings are worse than expected on all front. prices up in october by the most since 2012 and got crude slipping further into bare market territory down more than 20% from four year highs earlier on "squawk," ron barron says he does see a bullish deca decade ahead for stocks. >> i think the stock market is going to reflect the company in ten years the stock market is going to double, gdp will double in 10 or 12 years. that's what the stock market is going to do. >

does, live from the nasdaq market site overlooking new york's times square, i'm joe kernan in for melissa leepretty comfortable here, pretty much at home. thank you, you lent us this desk for a while before we move downstairs on squawk box these guys are my friends, pete najarian, brian kelly and tim seymour. i wish there was a better reason for us to be together tonight but it's not once the market started selling today it didn't let up the dow sinking 600 points, closing near the

i tease you guys, we're not fast money so we're not going to be on melissa lee's show., patient money and my best analogy would be we'll stay focused on equities. we won't shift the asset allegation but we'll batten down the hatches and prepare for rough tseas so i won't call out our trades on tv but we're tilting towards what we think are defensive strategies, taking profits where we can, the regular et state market is priced to perfection looking for a few opportunities but i think everybody recognizes there's few parts of the world that are cheap and the parts that are make your nervous because there's more story to play out there so it's a watch and see. i'd recommend for retail investors to rebalance their asset allocation a lot of them find themselves overweight equities. it's a good time to rebalance and the key word is balance. stay balanced in your investment portfolio. >> always good to talk with you about the markets. >>> let's get over to david faber as we said earlier at liberty media's investor day david? >> thanks, carl. earlier today i had a chance to si

. >>> welcome to "power lunch," i'm melissa lee. stocks wiping out their earlier gains.as been down triple digits, still down triple digits right now. 218 is the loss. it had been as high as up 200 points the s&p 500 is off the lows as well the low was 2700 we're now off by almost 30 points, or 1%. the nasdaq is down by 1.3% three major averages, by the way, will be down for the first time in four years if they finish lower but despite today's down day, it's one of the best weeks for the s&p 500 in six months. apple one of the main drags on the dow. the stock is on pace for its worst day since 2014 it's down by more than 7%. much more on that story straight ahead. >>> and crude oil is little its best someday since late april. steve? >> i'm steve liesman we're watching the three ms this hour -- markets, musks and midterms it's a friday fade, bob pisani joins us from the floor of the new york stock exchange. bob, is this all tariffs is there some jobs being too hot in there, too? >> the market moves on two issues, fed and tariffs. fed numbers, look, the jobs report was exc

thank you so much for being here thank you, all of you, for your service. [ applause ] >>> i'm melissa lee. here's the menu. the markets reversal stocks falling after a big weekly rally was the market overbought, or is this a one-day blip? oil is doing something it hasn't in 35 years and it could have an impact on the economy. >>> plus, we'll debate the fda's bold plan to restrict the sale of flavored ecigarettes. >>> going once, going twice, sold we'll go inside the most expensive house ever put up for auction. "ho "power lunch" starts right now >> welcome, everybody, to "power lunch. what a wonderful program that was on "fast money halftime. a great tribute to our servicemen and women welcome, everybody i'm tyler mathisen stocks moving lower and on pace for the worst day of the month the month is young, folks. it's the second straight down day for the s&p 500 and the nasdaq, at least as of now it'd be the first in five for the dow if we close on the red side oil, a big mover, down for a tenth straight day slipping further into bear market territory tech, materials, communication services

i'm melissa lee. another ugly day the dow down almost 600 points early. the nasdaq down almost 3% at session lows but still trading below 7,000 pushing deeper into correction at this time down by 1.8% on the dow. recovered earlier losses and even went positive briefly apple is the main drag there the f.a.n.g.s trying to find their bite they were tanking earlier trying to carve out gains and facebook and amazon struggleing there to hold on. if you include apple, these famous five stocks have lost about a trillion dollars in this recent tech -- crude oil plunging to one-year lows moving further into bear market territory. >> melissa, i'm dominic chu. melissa, those are off their worst levels of the day but still firmly in negative territory with the s&p 500 down nearly 10% from its recent highs, back in late september, as you can kind of see here, this trend has been in place and we are seeing a little bit more of that discuss in today's trading down again close to 10% in just that span since those highs. right now, just around call it 43% of the s&p 500 ar

. >> brian's grateful for josh i'm melissa lee. markets rebounding from two really painful days. about 75% of the stocks in the s&p 500, though, are still in correction territory is it time to go bargain hu hunting? yes. sell-off dividend stocks that have been rallying the past couple of months dividend darlings to protect your portfolio >>> ready, set, shop black friday and holiday shopping season, the trends that are emerging and retail names that are prime to cash in. "power lunch" starts right now ♪ you've got that james dean daydream look in your eye and i've got that red lip ♪ >> welcome to "power lunch," day before thanksgiving. tyler mathisen here. green on the screen. look and behold, green on the screen as we head into thanksgiving stocks are higher. only making a slight dent in the losses in the past two days, however. today's gains are pushing the s&p 500 out of correction territory for what that's worth but the nasdaq still, folks, even despite 109-point game in correction huge rally for oil crude up about 4%, recovering a lot of its losses for the week energy, commu

. >>> i'm melissa lee. a massive powell induced rally, 500 points on the dow right now.de becomes front and center as president trump and chinese president xi get ready for their big showdown at the g 20 what's at stake for the markets. >>> new calls for regulating tech once again on capitol hill. what could regulation look like? >>> the trade war forcing soybean farmers to leave their crops rotting in the ground. >>> the president is ramping up the rhetoric on general motors, the automaker is caught between a rock and a hard place. the road ahead for gm, power lunch starts right now >>> and welcome to power lunch stocks in full rally mode after fed chair powell says the current interest level is just below neutral and the dow and s&p have gone positive for the month. the dow is now up 1,000 points in just three sessions it lost a little over 1,100 last week right now you can see those dow industrials up by 531 points ten of the 11 sectors right now on the s&p 500 are higher. leading the dow higher, united health, caterpillar and microsoft shares, a good day as well for

. >> thank you very much for watching "power lunch" starts now >>> i'm melissa lee. stocks rallying on the first full trading day off thanksgiving but is the bottom in should we start buying here. we'll debate and hitting the brakes general motors announcing a biggest restructure, cutting production and slashing model and jobs and what it is signaling for the auto sector. >>> and the holiday shopping season getting off to a stellar start. today expected to be a record-breaking day for online sales. the retail names that are set to cash in. "power lunch" starts right now ♪ ♪ ♪ santa claus is coming to town ♪ >> and welcome to "power lunch." i'm tyler mathisen stocks are in the green but well off the session highs. the s&p 500 pushing out of correction territory at least for this day. the dow up triple-digits but it was 390 points up and oil on a terror, up after last week and the crypto collapse worse, bitcoin below 4,000 and future prices hitting an all-time low more on the crypto carnage coming up. >>> as mentioned, the gm on stock for the best day in almost a month