i'm sara eisen. >> we'll wing it. we don't need cues. we don't need breaks.ery good morning from me as well i'm atrocity frowilfred fr. >> stocks threat dow down 100 points which is off the loss but looks like there are more losses to come. dow futures down 71. nasdaq futures down 14.5. s&p futures are down about 8 points as well. so risk aversion reigns. nothing what we've seen in the vix. this election less than seven days to go is jolting the markets. investors worried about the u.s. presidential election. today's fed decision. wall street so-called fear index gives some good insight to story. vix surging above 20 yesterday. that was a key level. s&p 500 is down less than 2% during the same time. traders note that suggests more volatility is on the way. clearly buying of protection in the short term for these wild stock swings and the vix move has been much bigger than the s&p 500 which is something to watch. >> more of a momentum and volatility. index yesterday down less than 1%. six sessions in a row of declines for both the s&p and the nasdaq. the dow d

i'm sara eisen. >> i'm wilfred frost.ood morning to you from me as well. >> let's check in on the global markets on this final trading day of the month. what a month it's been. a strong one for stocks. the dow jones outperforming the s&p, up more than 5% for the month. futures indicating a higher open. dow futures up 22. oil has a lot to do with that, i would say. s&p futures up 2. nasdaq up 1 1/2. yesterday the close was stronger, but just barely. a mini rally, not a full recovery from what we saw the day before. the russell ended yesterday lower. it has been the outperformer so far for the month. as for the price of oil, just mentioned some strength. we'll get to vienna in a moment. it's been an action-packed morning there. some comments, positive ones from key members like saudi and iran helping to lift crude prices. wpi surging 5%. brent pore than 5%, 48.91. wti, 47. this after a selloff yesterday left wti below $46 a barrel. i put this 5% gain, the optimism around it we were down about 4% yesterday. we'll get out to

i'm sara eisen. donald trump declaring victory in the presidential race. >> no dream is too big, no challenge is too great. nothing we want for our future is beyond our reach. america will no longer settle for anything less than the best. >> that was trump about an hour ago. hillary clinton did call him to concede. here's how the electoral map shook out. donald trump projected to take 278. hillary clinton to take 218 electoral votes. in congress, a clean sweep, the republicans holding control of both the house and the senate. it is very remarkable to see and it's an outcome, wilford, that very few predicted. >> indeed. that's why we saw an immediate selloff to the tune of almost 900 points for the dow. we have since had some of those losses. a particular moment for the market was when donald trump gave that speech. it was softer in rhetoric than some would have expected. in european trade we're looking at about a percent of declines. the best performers have been the likes of farmers and gold and sil

i'm sara eisen. >> i'm wilfred frost.esterday was thanksgiving, today means it's time for holiday tunes. >> is this your first black friday in the states? >> it is, indeed. my first thanksgiving. >> are you going shopping? >> i am. i'm buying a new laptop. >> there you go. >>> stock trading volume typically on this day half the level from standard trading sessions. here's what time the markets close. the new york stock exchange and nasdaq will close at 1:00 p.m. eastern time. the bond market closes at 2:00 p.m. eastern. commodity and currency markets observing the holiday and have a shortened session. here's where futures are trading. closed on wednesday at another record high. it looks like the gains are continuing. earlier this morning the futures perking up. dow futures up 60 points. higher yields as well. we reached 242 i believe it was earlier in the week. that was the highest level in years. >> the dollar particularly strong on wednesday. we just pulled back a bit over the last couple sessions for the dollar. the u.

i'm sara eisen. >> i'm wilfred frost. good morning to you from me as well.et's get straight to the market action and check in on futures this hour. this time yesterday they were yo-yoing all around the place. we were down at one point more than 3% in the premarket. we ended the day yesterday up more than 1%. we'll get to the reasons for that rebound and what we can expect moving forward next week as well in a moment. right now, as you can see, called higher to the tune of triple digits. the dow once again 142 points. the s&p expected to open up 16 points. the nasdaq by 45. the major u.s. averages rallying within 2% of the all-time intraday highs. yesterday it was broad, 7 out of 11 sectors positive. financials up 4%. utilities down 3%. >> quite a performance. more on the markets in just a moment. first some overnight news to tell you about. thousands of protesters swarming the streets of several major cities following the surprise election of donald trump. reports say that at least 30 people were arrested in new york for disorderly conduct. in los angeles mo

i'm sara eisen. >> i'm wilfred frost.d morning to you from me as well. >> let's check in on the markets. after another record close for u.s. stocks, the trump rally has momentum and is strong again. we have a lot of economic data to work through today. ahead of the thanksgiving day holiday where stocks are closed. for now strength in dow futures up 5. s&p futures are flash. nasdaq futures up 3 1/2. the dow with an all-time high yesterday, crossing above the 19,000 mark and closing above it for the first time in history. the s&p 500 seeing record intraday and closing highs for its part that index ticking above the 2,200 key technical mark for the first time ever. and u.s. treasury yields took a pause yesterday, but stayed near high levels. 2.3. real movement in the short end of the curve, the two-year yield reaching lie levels. and we're seeing the opposite interestingly in europe. >> yes, two-year yield hitting a high level since april of 2010. >> here in the u.s. >> exactly. we saw the shorter end of the curves play catc

i'm sara eisen alongside dom chu who is in for wilfred frost. >> happy veterans day. thanks to all who have served and all who are serving in the military right now. >> i echo that as well. >> let's get to the markets. after quite a rally for the dow, finishing at a record high. the s&p not there, and the nasdaq has been the underperformer all week long. it's only up about 3% so far this week versus the dow's gain of 5%. right now the dow futures are up 21. s&p features down 2.5. nasdaq futures down more, 43. so this rotation out of tech continues. the bond markets are closed today in honor of veterans day. let's show you where the ten-year note yield finished yesterday. just to give you a sense of the story of the week, which is yields shooting higher. look at the end of that chart, jumping to 2.1. big selloff in u.s. government debt has been a key theme in the wake of the trump surprise victory. what was that druckenmiller quote from yesterday? rates could be like a beach ball submerged underwater? they could shoot up quickly in a short amount of time. >> that's som

i'm sara eisen. >> and i'm wilfred frost. with just one day to go until the next president of the united states is decided. futures are jumping after we got the headline yesterday. the fbi director james comey said no charges were warranted against hillary clinton after a view of new evidence. if the s&p closes higher today, it will end the s&p's longest losing strike in more than 35 years. nine straight down days. the dollar right now is also rallying pretty hard, especially rallying is the mexican peso where the dollar is falling. but the dollar is rallying against the major currencies like the euro and like the japanese yen. the peso has been highly sensitive to developments in the u.s. presidential race. the dollar is higher against the euro and yen following the fbi announcement. a big move there in the peso almost 2% last night. it was more like 3% higher potentially correcting the moves we saw last week. it's unclear whether a headline a few days before an election from the fbi director can do any difference when it co

i'm sara eisen. >> and i'm wilfred frost.orning from me as well. >>> let's check in on the global markets this morning after record highs last week. a third weekly gain for major stocks. the nasdaq finished higher by 1.5%. all the major indices gained more than a percent. the small caps and midcaps were really strong, outperformance on the trump rally. dow futures are under a little pressure this morning, not much, though. it's improved over the last half hour or so, down 23. s&p futures down nearly 5. and nasdaq futures down 5 as well. will we see a correction to the three-week rally we've seen since the election, or will the strength continue? we do have some key event risk coming up. opec this week as well as the u.s. jobs report. early action in europe -- some declines across the board. italy getting particularly hard as the focus turns to this weekend's referendum vote. italy down 1%. that's also improved lately. but the banks are getting hit especially hard. they're considered in the crosshairs if this vote goes no, as

i'm sara eisen. >> and i'm wilfried frost. good morning from me as well. the celebration is still going on this morning. the cubs giving their fans reason to cheer, beating the cleveland indians 8-7 in a dramatic ten innings world series game, the cubs coming back from a deficit to win their first champion sip since 1908. >> it's funny to see the celebration at wrigley field when the game was played in cleveland. the cubs have been waiting a long time for this. congratulations to all my cubs' friends and all the cubs fans out there. u.s. equity futures are under pressure. this is after we've seen seven straight days of declines for u.s. stocks. longest losing streak since 2011. a bit of improvement just in the last few moments or so. dow futures have now turned positive, up seven. s&p and nasdaq still negative. down 19 points in the pre-market. as for the ten-year treasury note yield this morning, post federal reserve, a pretty boring fed, as far as fed meetings and statements go. 180 is your yield on the ten-year. they're still waiting for some evidence b

i'm sara eisen. >> i'm bill griffeth. the final trading day of november. the dow is the only one in the green right now but it's had a stellar month. for the first time in history, the dow gained a thousand points in one month. >> it was the best for the dow since back in march, second best for 2016. >> the election of donald trump has helped make this one one of the best performing months the year, by the way, but if you think you missed the rally, think again. they will tell you what they would buy right now. we'll name names coming up. >>> and today we learned steven mnuchin is donald trump's choice for press secretary. he joined us in a cnbc interview to discuss specific plans for tax reform and job creation. we'll have a look at those policies and their potential on the market and kmet. >> all very, very interesting. and we have a deal. believe it or not, oil prices on fire today after opec reached a deal to cut oil production by 1.2 million barrels. we will go live to havana to get details, and then later, the energy stocks that could get the biggest

i'm sara eisen. >> and i'm wilford frost. a very good morning to you from me as well and congratulation to president donald trump a. >> u.s. futures have been extremely volatile as it started. dow futures one down at more than 800 points. it's the biggest we've seen since 20011. we've recovered a lot of the losses and as we march into the u.s. open, the dow down 300. s&p futures down 39. nasdaq futures. it's getting hit hardest but this has been a global market selloff and while we are off the wofrpt level os testify session, stocks are still lower across the board. nbc news projecting donald trump winning 278 electoral voigt. hillary clinton projected to take 218. in congress, a clean sweep. the republicans holding control of both the house and the senate. trump aimed for a theme of unity in his victory speech which could be part of the reason his market has recovered. have a listen. >> now it's time for america to bind the wounds of division. we have to get together. to all republicans and democrats and independents across

i'm sara eisen. >> i'm wilfred frost. good morning. >> let's check in on the global markets.re extending that winning streak. a quad factor. it's better than the august 15th trifecta record. russell 2000 as well. first time we've seen all four close at records since 1999. the strength continues this morning. nasdaq futures up 19. dow futures up 45. s&p futures up four. little in the way of economic data. focus is on politics and to some extent on energy prices as well. naerj big part fueling that rally yesterday. for europe a lot of energy commodity producers are helping the strength there as well as the optimism set in the u.s. yesterday. german dax up .6. fans up .7. ftse 100 doing well up almost a full percent. italy up 1%. we're starting to watch the politics here play out. italy, france with that interview myself did yesterday with myself le pen. asia quickly let's show you what happened overnight to a reaction to a more than 7 magnitude earthquake in japan fukushima area toledo the underperformance of the nikkei. hong kong up 1.4%. shanghai comp over in china mainland u

i'm carl quintanilla with sara eisen who's back, david faber.s 19k, the s&p cracks 2200 as the rally continues now following the election. oil is really the only thing that was not participating in a large way but has managed to find its way back above 48, as hopes for that opec production cut remain intact. amazing day. amazing day for commodities, for equities, for the dollar. people are now comparing the dividend on the s&p at 2-1 versus the ten-year at 2-3. >> the trump trade is back on. i can't believe i missed ten straight days of the dollar shooting up to a 13-year high. always seems to happen when i'm gone. >> we were thinking of you, sara, every time we saw a new high and the euro coming close to parity, backed off a little bit. >> about 106 or so. and you really see the move higher on the dollar along with yields higher, all predicated on this idea that we're going to get inflation and we're going to get growth. there's a lot of optimism baked in. when you look at a package of corporate tax cuts, rolling back some regulation and big in

i'm carl quintanilla with sara eisen, david faber at the new york stock exchange.get to today. we've got a fed statement coming out in just a few hours. a lot of earnings to get to as well. some m&as on the docket, we're watching oil and keeping an eye on a lot of these election polls. right now the dow is down 15. >>> our road map for the hour begins with a final countdown. just six days to go until the election, a new poll has the candidates neck and neck. >>> plus the fed wrapping up that meeting statement at 2:00 p.m. eastern time what clues will be given for a rate hike. we'll be joined by former fed governor. >>> and e-commerce giant alibaba rising beating on both top and bottom lines. we dig through those numbers straight ahead. >>> less than one week to go until election day and new poll shows the candidates in a dead heat. our eamon javers joins us this morning with the latest on that. hey, eamon. >> good morning, carl. you do get the feeling that this race is tightening in the last final days here ahead of november's election next week. take a look at thi

i'm sara eisen with tyler, brian and billion dollar buyer tillman fertitta. the closing bell. good to have you here. let's show you what the major averages are doing. hitting all time highs. dow is back above that 19,000 mark. went above that level this hour. we're just below it. the s&p 500, the nasdaq and the russell 2000 are all hitting new records, new milestones. big moves in the bond market as well. yields on the two-year note yield hitting their highest level in six years. >>> let's lack at whook at what right now. dsw, is that the shoe warehouse? that's my wife's favorite place. next to home goods. dsw up 10%. mixed quarter for the shoe retailer. they say better inventory will lead to better results, better fitting shoes coming up. the opposite direction, medtronic, down 10%, missing revenue estimates, cutting its full year forecast. campbell soup up more than 3%. the company beating on the top and bottom line. all about the noodles. brian? >> fired up. >> you bet. i love that shoe stuff. >> remind me never to combine soup and shoes. spontaneous combu

i'm sara eisen. >> i'm wilfred frost. good morning to you from me as well.

i'm carl quintanilla with sara eisen and david faber at post nine.k for three solid weeks of gains, dow is up 10 of 12 and really only needs about 30 points for another intraday high. got some economic data crossing the tape this morning. let's get to rick santelli. rick. >> well, october read on new home sales 563,000, a bit less than expected. and we lost 19,000 on a revision from 593 to 594. so that's down just under 2%. keep in mind 1.39 million was a high water mark in july of '09. weakest number since june. now, let's look at our final november read on university of michigan sentiment. at 93.8 it replaces the mid month read at 91.6, so an improvement there. best level at 93.8 since 94.7 in may. and the inflation numbers, one year outlook eased back from mid re read of 2.7. five-year also a mid month read of 2.7 and eased back to 2.6. all this is important on housing especially after yesterday's blowout existing home sales. and for the granular detail as always we head east to diana olick. diana. >> well, rick, you're asking why was it a blowout

and then i go and watch wilfred frost and sara eisen. don't mean to put those two first, but they everyone joked about it this morning. wilfred joked about it we talked brexit so much. they changed my mind. i've been trying to do either or the whole time because that brexit vote and the polls, well, just basically said pollsters don't know what the heck they're doing. and how discredited are they? thank you to wilfred and sara, a must-watch show because they own the polls and they got brexit, which means you got this. >> yeah. dow at an all-time high surpassing august levels. s&ps would have a little more work to do from here 2172. you'd be looking for something around 2193. >> well, that's why the banks have to do it. because the banks are so big. you mentioned pfizer. pfizer does have to be -- pfizer being emblemmatic of health care, they have to come back. there was a lot of positive commentary today saying health care is not going to get the scrutiny including pieces about might be able to raise price. that's something you never woul

i'm carl quintanilla with sara eisen and david faber at the new york stock exchange.the first time after seven losses, the longest losing streak since 2011. a lot going on whether it's earnings, the bank of england, brexit, oil, facebook and some data crossing the tape. >> yep. let's get to that now. rick santelli has the numbers for us. rick. >> play the music some more. >> our read october non-manufacturing dips to 54.8. we're expecting a number around 56. it follows 57.1. so this is weakest since august which was 51.4, however 57.1 for last month actually was the best read in a year. now, let's go through some internals. we know what we have tomorrow. big jobs report. so the employment index on the ism nonmanufacturing moved down from 57.2 to 53.1. and new orders moved down from 60 to 57.7. so this is very fascinating. now, if we look at the september read on factory orders was up 0.3, a little better than expected. a revision that added 0.2 to last month originally up 0.2, now up 0.4. this is our final read for september. down 0.3. this followed a down 0.1 and def

i'm sara eisen along with david faber and mike santoli. here at post nine at the new york stock exchange. carl has the day off. let's take a look at where we are on the markets. another record day for the major averages. the dow is up a quarter of a percent or 50 points, which means a record high. s&p 500 up 0.2 and the nasdaq little changed. wti crude though off about 1.25%. 47.36 ahead of the big opec meeting next wednesday. >> let's get to our road map this morning, and it starts with, well, where else of course, holiday retail and the pulse of black friday. we're going to take you around the country and as well to retailers bottom line. >> plus, markets in the trump rally, the dow and s&p as i just mentioned making all-time highs. sectors and stocks to watch for the rest of the year. >>> and speaking of the president-elect, a transition day for commerce and a fight to keep a carrier plant in indiana comments, we'll have more on those negotiations. >>> but we start with retail. many stores already opened yesterday on thanksgiving day, b

with me, sara eisen and melissa lee. karla and kayla have the morning off. welcome.o our top story this black friday, the trump rally rolling on this morning, the dow, s&p 500, and small cap russell 2000 hitting highs, the averages set for their third straight week of gains. just up fractionally, but we're in record territory so they continue to push higher. not all sectors have joined equally in the rally, but still impressive. and perhaps a good sign that as the shopping season kicks off they're continuing to at least make new highs. >> within today's market action, it's interesting that the utilities are doing very well in today's session, and it's really the standout in terms of leadership. you have to wonder, well, why is that, why are people feeling the need to go for safety the day before this weekend. granted it's light volume. we're also seeing interestingly in germany, the two-year yield on the bund is at its record low. minus 0.76%. so also a bid for safety overseas. >> it's an interesting timing for that because it's happening when our treasury yields are

i'm sara eisen. with me this morning my partner in crime, wilfred frost, staying up past 6:00 a.m.nd en lee. four days to go until the election. new reports this morning that russia or another state agency may try to undermine tuesday's voting. this as donald trump and hillary clinton make their final push into key battleground states. our john harwood is in washington, d.c.. >> we have a three-point race. 47% clinton, 44% trump. donald trump had moved ahead in that poll earlier this week. that indicates things slipping back a little bit toward hillary clinton but not desis live at this point. look at the battleground map. electoral votes, hillary clinton is leading or solid in more than enough states to get to 270 electoral votes if you look at both how she's doing in traditional democratic battlegrounds and some new democratic strongholds. now, how are the candidates deploying themselves over the weekend? this is the time they race around the country. if you look at hillary clinton's final push, you can see that she has got a set of surrogates -- president obama, you've got miche

jon fortt is back at post 9, sara eisen will join us for the hour along with henry blodget, businessnsider. great to have you. >> great to be here. >> to the campaign trail for our top story. five days to go until the presidential election. new national polls show hillary clinton once again pulling ahead of donald trump as both candidates set their sights on swing states in the homestretch. john harwood is live in lima, ohio weather the latest. >> i want to step back for a minute from this strongly republican county, al lep county where lima is located, to look at the national picture. donald trump has fallen two points behind in "the washington post" poll. if you look at the nbc news battleground map you can see hillary clinton is either solidly or slightly leaning in enough states to get her over the 270 electoral votes she needs to be elected president. now, donald trump tends to do better when he follows the direction of his campaign staff and stays on script. in fact, donald trump yesterday was musing out loud about that. >> we are going to win the great state of florida, and we

sara eisen is that. >> who are you? >> i'll be cher.i asked you earlier and you decided you'll be a gypsy. you have to pick. choices aren't great. two u.s. economic reports coming up this hour. weekly jobless claims and productivity and costs. the futures this morning up 46 now. and the nasdaq has been pairing its losses. down less than a point even though we had the big selloff. and then s&p i think is just barely above 2100 with a gain this morning. >>> breaking news right now. bank of england just releasing its policy decision and as expected here it left key rates unchanged. that vote was unanimous. the bank also says the brexit vote has had limited impact on the economy so far. the pound was already surging this morning after we got that decision that it is now going to have to go before parliamentary vote. this decision to invoke article 50 leading to bets that will look at a softer brexit versus a harder brexit. the pound up 1.4%. >>> today's other top stories and there it is. the london court ruling the british government must l

sara eisen from the new york stock exchange. a lot on the move this morning after the election. big movers to tell you about. sara mentioned the record low. check out the shares of mexican capped etf. that tracks the equity markets in mexico. lower by 8% at this hour. consolation with the mexican -- with trump being president-elect, there could be tariffs, a wall, a renegotiation. so we are seeing stz down 7.5%. take a look at health care names. bob pisani mentioned the idea that there would be less regulation particularly when it comes to drug pricing. sop we are seeing some of these health care names hold up better. that tracks health care higher. the bioteches up by 4%. on the flipside with the possible repeal of obamacare or aca, hca holdings, these are hospital operators. they are trading sharply lower. bob also mentioned some energy policies which could benefit fossil fuels. the flipside to that, of course, is the negative impact potentially on alternative energy. so we're seeing a crush across the board when it comes to the solar names. consol energy gaining another 8.5% t

sara sara eisen is making one of these faces. playing the role with the transports.ook at transports. >> is that a sports thing? >> there is a real potential for double fop you go back to heisman. in terms of trading oil ahead of this i will say that oil volatility index, that is elevated which leads me to believe the down side probably outweighs the potential for upside move. >> it was interesting to see oil prices pop. what stands out to you that the decline is worse day for stocks. >> since the election we are still pretty up. there aren't a lot of things that would make one excited about buying stocks today. mixed noise on retail sales. a lot of discounting out there. things like that make people a little bit weary. i always find something to worry about. the italian referendum, this is the most indebted country in europe about to have a real hiccup. >> how have you not turned gray yet? >> i don't know. good genes. >> do we worry about the italian referendum after brexit proved buying opportunity, trump election proved buying opportunity, both were consensus risk

. >> this is not my hometown, but it is the home state of joe kernen and sara eisen and courtney reaganurtney reagan used to work at the restaurant we're at now. little known secret. happy birthday, court. back to the election. why are we here? okay, ohio, not only an important state, 18 electoral college votes, but also this state literally mirrors the nation. what do i mean by that? back to 1896, remember that year? guess what, since 1896, ohio has voted with the winning president every single election except for two. 1944 and 1960. also, the ohio popular vote almost nearly mirrors the exact national popular vote. varies by 2%. that's it. in other words, what happens in ohio in the past anyway has pretty much mirrored the nation. now, what are the big concerns here? i said jobs, jobs, jobs. that's half true. let me lay it out in a different way. jobs, jobs, and the supreme court. short time we have been here, spoke to a lot of people last night, what they talk about are jobs, manufacturing jobs are coming back to the area. but they pay a lot less than they used to. jobs, one of the ke

i'm carl quintanilla with sara eisen, david faber at post nine of the new york stock exchange. at the markets. a little bit of selling here on some retail names although oil's up more than $1 as we start a busy week full of an opec meeting, italian referendum this coming weekend, jobs number, gdp and more. >>> our road map though for the hour begins with cyber monday. mobile shopping topping a billion dollars for the first time ever on black friday. we'll go live to an amazon fulfillment center and speak with the president and ceo of the national retail federation. >>> the end of the year quickly approaching with the trump rally hitting pause after three straight weeks of gains. we're going to break down where you should put your money ahead of the new year. >>> plus, cuba after castro. the world reflects on the passing of the former president. the focus turns to the future of u.s.-cuban relations under president-elect donald trump and the impact that will have on business. >>> in fact, the world is reflecting on the death of former cuban president fidel castro while bertha coo

i'm sara eisen. >> i'm bill griffeth. the final trading day of november. only one in the green right now but it's had a stellar month. for the first time in history, the dow gained a thousand points in one month. >> it was the best for the dow since back in

carl quintanilla and sara eisen both off today. let's get a look at the markets and oil.n both. the s&p at this point up about 0.31% and wti having quite a good day with 1.7% move higher. in the meantime, for reserve chair janet yellen getting ready to testify on capitol hill before congress's joint economic committee. steve liesman joins us now to fill us in on what we can expect. steve. >> good morning, david. janet yellen testimony just a few minutes from now, she's going to use some of her most definitive language yet to signal a coming rate hike saying one could be, quote, appropriate relatively soon. she repeats the words from the fed's most recent policy statement that the case for rate hike has strengthened. and she adds a new warning about the dangers of delaying a rate hike. the market judges a nearly 90% chance of a rate hike in december. and yellen's comments seem to backup that conviction. the fed chair said they were a risk to financial stability from not hiking because it could encourage excessive risk taking and also could force the fed to raise rates more

i'm carl quintanilla with sara eisen and david faber at the new york stock exchange.mponent within that trying to avoid nine straight down days for the first time since 1980. we're watching earnings as well. and then oil below 44 this morning. our road map does begin with the market slump. the s&p coming off an eighth straight day losing streak for the first time since '08. jobs and wage growth in focus this morning. did the numbers seal a deal for a december hike? >>> and just four days left until election day. the candidates targeting batt battlegrounds as the polls tighten. we've got the latest numbers, analysis and we'll speak to third party candidate evan mcmullin. >>> plus we'll head to the baron conference in new york city where we'll talk exclusively to tesla ceo elon musk about the company, spacex, solarcity, a.i. and a lot more. first up, 161,000 jobs added last month. that gives a three-month average of about 176,000. meantime, the markets are poised for a nine-day losing streak which hasn't happened for 36 years. all of that just four days away from the el

i'm carl quintanilla with sara eisen and david faber at the new york stock exchange.day for the dow and s&p as we close out the month of november. mnuchin and ross to treasury and commerce. and then oil the best day since february here on these reports of an opec cut as we wait to hear whether or not that's going to stick. meanwhile awaiting remarks from house speaker paul ryan. as soon as that happens we'll bring you any news from it as it comes. >>> it is a busy morning. more economic data crossing the tape right now on housing. let's get to diana olick with the numbers. diana. >> reporter: pending home sales in october up 0.1% month-to-month, up 1.8% year over year. that is exactly in line with expectations. now, the pending home sales index from the national association of realtors is based on signed contracts in october. that is people out shopping for homes in october pre-election and before that unexpected rate spike that came just after the election. the realtors saying that really tight supply is holding back sales. and they are noting that people who got in

i'm carl quintanilla with sara eisen and david faber at the new york stock exchange. mild than it has been the past four sessions but remains the dow's best week in five years. now we're getting some economic data crossing the tape. and for that we go to rick santelli. >> i'll tell you, there's some surprising features to this one. remember, this is the preliminary read for university of michigan sentiment survey, november preliminary. so we're comparing it to october finals, but there was definitely a pretty nice jump here. the final read last look for october was 87.2. that was the weakest in two years. we jumped up to 91.6. now, if 91.6 was considered to be the final read, highest read since mid-year, basically june. here's the interesting part, the inflation reads. many of us have ignored them because it didn't seem like with the growth we had we'd see any pricing pressures. a lot has changed. so 2.4 was our one-year inflation based on university of michigan. that jumped up to 2.7. 2.7 would take us back to the highest read outside of april which was 2.8. here's w

i'm carl quintanilla with sara eisen and david faber at post nine of the new york stock exchange. market rally underway. s&p's back to 2117, not quite the 2153 we were at before this nine-day losing streak began. but it is the dow's best gain since about midsummer, let's say. oil meantime up a buck about 1% back to 44.54. >>> our road map for the hour begins with the market surging after the fbi clears clinton in the e-mail investigation again. s&p 500 on track to break its first nine-day losing streak in 36 years. >> just one day until the election, clinton holding a slight lead in some of the latest polls. we're going to go to the swing states that could determine the next president straight ahead. >>> plus, a warning from the deputy mayor of new york. how she describes billionaire presidential candidate donald trump after decades of working with him. she'll be joining us live. but first, let's start with this market rally. the dow is up 264 points. the s&p 500 is up more than a percent and a half. and the nasdaq is soaring the most of the three major averages. it is up 1.7%. it

sara eisen is off today. banks leading the dow this morning. about 70 points down and we see giveback to the massive financial rally we've seen over the past few days. by the way, wholesale inflation and industrial production came in just a little bit light this morning. unchanged on both. >> i believe we have some data crossing the tape at this hour. diana olick in washington has that. diana. >> actually, we're in miami, but home builder sentiment unchanged at 63 in november on the national association of home builders. wells fargo home index. now, this is up from a year ago in november at 62, but the home builders are quick to note that the results of this survey mostly came in the week before election day. and that was before mortgage rates shot up a half a percentage point after the election. so you could expect a change in december. but again, unchanged at 63. we did see mortgage applications last week plummet 9% on those higher ratds. on the survey from the builders though, buyer traffic increased one point to 47. current sales unchanged

i'm carl quintanilla with sara eisen, david faber at post nine of the new york stock exchange. obviously markets being wh whipsawed as a lot of investors clearly out of position given results last night. sweeping victory not just for donald trump but for the gop at large as they control the house, the senate, the executive branch. of course you've probably seen it already a lot of people calling it perhaps the biggest political upset in at least a generation, maybe ever. oil is worth watching as well down some 15 cents. >> and how about the swing from u.s. futures down more than 800 points. we saw it happen overnight, carl, to now a positive market with the dow up 26. clearly the research notes are coming in and wall street banks are holding conference calls what does this mean for the assessment of the u.s. economy. it feels lst a balancbalance, h spending on infrastructure donald trump has already suggested. worth 0.75% of gdp but having to offset that with big uncertainties like the trade rhetoric, donald trump in his victory speech that we saw early this morning did sort of

i'm david faber with sara eisen and mike santoli and we are live from the new york stock exchange.th off today. markets close

i'm carl quintanilla with sara eisen, david faber at the new york stock exchange.. day before the thanksgiving holiday, attention turning to the consumer and retail after two weeks of outperformance from financials and industrials. watching trump's ongoing transition as well. europe's relatively steady. durables were the surprise of the morning. a 4.8 print