matt and nique. the one where she allegedly flashed him. >> she tore off her top and says, come on, let's go, let's f like a family. >> were you expecting any sort of comment like that? >> never. i -- never. >> once nique disappeared, clegg says, matt leili inquired about having his wife involuntarily committed and even hired a divorce attorney. a man who knows his wife is already dead, he says, wouldn't have done either of those things. >> he did not really want to divorce her. he wanted to let her know, look, here are your options. you can go get help for yourself, or i'm going to go forward with a divorce. >> the defense wrapped up its case by calling matt and nique's two daughters, rebecca, now 14, and amanda, 17. >> did you ever see your dad hit your mom? >> no. did you ever see any obvious injuries or bruises to your mom? >> no, sir. >> according to the girls, their mother was the one with the violent temper, not their dad. >> she took a heel and threw it. i myself had to duck from it. >> was i

matt and nique. the one where she allegedly flashed him. >> she tore off her top and says, come on, let's go, let's act like a family. >> were you expecting any sort of comment like that? >> never. i -- never. >> once nique disappeared, clegg says, matt leili inquired about having his wife involuntarily committed and even hired a divorce attorney. a man who knows his wife is already dead, he says, wouldn't have done either of those things. >> he did not really want to divorce her. he wanted to let her know, look, here are your options. you can go get help for yourself, or i'm going to go forward with a divorce. >> the defense wrapped up its case by calling matt and nique's two daughters, rebecca, now 14, and amanda, 17. >> did you ever see your dad hit your mom? >> no. did you ever see any obvious injuries or bruises to your mom? >> no, sir. >> according to the girls, their mother was the one with the violent temper, not their dad. >> she took a heel and threw it. i myself had to duck from it. >> was

our defending champion, matt cogar. yeah, the heat of matt's here. you know, i'm a little bit biased on this one. i am watching matt bolton. he currently lives in and spent a lot of time one town away from me in new york state, and it's great to see him come back to this sport. he came through the college ranks. obviously, all eyes on matt cogar, our current reigning champion, and of course, young matt slingerland. look at the best time that his dad laid on that first heat. time to beat's 1:12.77, laid down by mike forester in heat number one. yeah, look at this. bolton up. pole number two, just ahead of matt cogar. to clean out some chips. cogar, though, has got it reeled in now. oh, trouble for bolton off that second board. wow, down off the second board. was looking good, was almost blow-for-blow with cogar up until that point. but now, matt cogar's absolutely going to town on that block. trouble for slingerland, too. for matt cogar, and this will not be long before that block comes off, and there we go. super competitive time, 54:13 unofficially.

. ♪ [bell ringing] matt: i am matt miller. joe: i am joe weisenthal. scarlet: and i am scarlet fu. the dollar holding steady and looking at a possible rate hike for december. joe: the question is, "what'd you miss?" scarlet: a goldilocks report for the jobs report, but we are breaking down what you need to know in three charts. matt: brexit is turning ugly again. the british pound is tumbling and tensed -- against the dollar in early trading yesterday in asia, a sharp move triggering concerns. joe: and i sat down the governor of norway's central bank for his take on central bank ammunition. he says that markets have a tendency to overreact. we will hear why, later this hour. scarlet: we finished relatively flat on the day, but the dow did climb 119 points at one point. little change after it came back down. however, when you look at how things have fared for the week, we are on pace for the first weekly decline in a month. joe: a disappointing week across the board, especially for equity investors. in the ongoing backup in rates that we are seeing preventing the stocks from going h

matt: and i'm matt miller. let's start with the headlines. for that, we go to mark crumpton. mark: hurricane matthew is picking up steam as it heads towards the southeastern united states. the category 4 storm bore into the bahamas earlier today with sustained winds rising to 125 miles per hour. it's likely to approach florida's each coast sometime tonight. about 2 million people in florida, georgia and the carolinas have been urged to evacuate. the u.s. hasn't been hit by a major hurricane, katrina coming more than a decade. praise today for hillary can -- praiseom hillary today for hillary clinton from an unlikely source, mike pence. he spoke on nbc's "today show." president obama is enjoying a surge in popularity as the end of his second term years. 55% of americans approve of the job he is doing. it is a four-point increase from the previous survey and 11 points from the same period last year. angela merkel does not seem inclined to grant the u.k. a special trade relationship once it leaves the european uni

matt: thank you. the market closes up next and here are the major averages with westman conformist to go to close. you can still see gains in the dow in the s&p 500. the nasdaq down lightly but really not a lot of movement. the gains we saw earlier called after the fed minutes were released. this is bloomberg. ♪ ♪ >> moments away from the closing bell. "what'd you miss?" the fed losses after signaled policymakers will gradually -- probably lift interest rates gradually. i'm joe weisenthal. matt: and i matt miller. welcome to viewers tuning in live on twitter. you can watch our closing bell coverage every weekday from 4:00 p.m. to 5:00 p.m. eastern. new technologies, new innovation. let's kick off with market minutes. markets seem to be holding onto gains at the end of the day here. i got they would turn down and drop after minutes were released, but they are coming back a little bit. joe: it has been a pretty tight range the entire day. a rally, age-old right after that release of said minutes. a

matt: and i am matt miller. mark crumpton has more from our newsroom. unanimous --. has unanimously agreed that the portugal former prime minister should be the next secretary-general. he served as the high commissioner for refugees until last december. the council will meet to formally approve guterres and recommend his candidacy to the -- for final approval. he may releaseys his 2016 tax return with a report that his comments were reported by nbc after last week's presidential debate. he said he would release his current returns as soon as they are complete. he had asked for a six-month extension, they would be due october 17. a survey released finds the -- hillary clinton is better like then donald trump in china. it was a survey conducted by the washington dc based research center. 22% saw donald trump favorably and 35% off clinton unfavorably. more than 80% of respondents said they consider the u.s. a threat to china. global news --global news 24 hours a day, powered by more 2600 journalists and analysts in over 120 countries. crumpton. this is bloomberg. matt:

matt: i'm matt miller. this is "bloomberg markets." let's kick it off with the first word headlines. mark crumpton has more. store that you just heard, the fbi is reopening its inquiry into hillary clinton's use of a private e-mail server while secretary of state. in a letter to homeland security director jeh johnson and to the heads of several congressional committees, fbi director james comey writes the move is in connection with an unrelated case but provides no further details. director co-me the bureau has learned of more e-mails that "appear to be pertinent to the investigation." we will have more details on this story as they become available. the estate of one of bernie madoff's oldest friends will pay the con man's victims $270 million. stanley chase died in 2010. lawsuits accused him of getting rich off of made us ron at the expense of thousands of investors. a federal trustee has recovered $11 billion in that case which represents $.64 on the dollar of the money invested. madoff is serving a 150 year prison sentence. germany

matt: this is "bloomberg markets." i'm matt miller. things are changing rapidly in technology. our next guest says augmented reality and artificial intelligence algorithms are the cost of creating the markets. carol massar is standing by with brad slingerlend. and do have with us brad slingerlend, with janus capital management. good to have you here with us. talk about the environment right now, the investment themes you are following in the tech sector. >> there is a lot happening in the tech sector right now. the biggest things are the shift to the cloud, away from the legacy i.t. systems we have been using for the last 30 years come into the new platforms. we are seeing a three horse race development between amazon web services, microsoft cloud platforms, and google's cloud platform. a year ago, amazon was dominating, and they still have the market share, but amazon and google are doing well in that market. carol: does that mean you are moving into those names as a result? investors,ong-term those earnings we are positioned in. we t

matt: -- mark barton. matt: i am matt miller. economists are taking mark carney at his word. days ago, mark carney said he will tolerate faster price gains now according to a new bloomberg survey. more than 70% of economists say policymakers will cut the benchmark interest rate to a record low of .1% xmas. ryanair is cutting profit guidance. full-year earnings are likely to increase by 7% instead of 12%. the reason is the drop in the pound, lamed on the brexit vote, will have an impact. that is your business flash. back to you, mark. oil prices ahead, fluctuating today. we will get more insight on where they are headed next. this is bloomberg. ♪ ♪ opec plans to cut output in smog. to the chief executive of one of the role passes top oil trading houses. >> i think the fures markets have probably priced in a kind of agreement and restraint from producers. expect to see prices and 65, may be up toward 60 next year. mark: executive director telling bloomberg the opec deal could lead to higher prices. collect we will see upward pressure. would bepward pressure from high-cost p

matt: and i matt miller. scarlet: the s&p 500 retreats after posting a three-week rally. matt: the question is, "what'd you miss?" scarlet: u.s. auto sales surprised in september coming in stronger than estimated. is there more room to grow after a record 2015? matt: the g.o.p. is wondering if a turnaround is possible for donald trump after a rough week. scarlet: our guest says canada is in a housing bubble with no chance of a soft landing. ofspeak with the author "surviving the canadian real estate crash." a muted start to the first day of october, the first day of the fourth quarter. the dow, s&p, and nasdaq off by .2% to .3%. a huge drop-off in the 20-day average. matt: not a lot of movement. not a lot of training. it is rosh hashanah today. there are a number of global markets closed today. not a lot of trading. we don't see as much action in the market. we do see a lot of individual stock stories. cars are the one i am focused on today because we had numbers out that were in line with estimates or beat estimates. the interesting thing is they still missed last year's

lisa: thank you, matt. when it comes to brexit, germany is cutting off back door contacts with the u.k., according to people familiar with the matter. they say chancellor angela merkel's government is telling officials to avoid any communication with british counterparts. germany has said there will nobody discussions until the u.k. starts the formal process to leave the e.u. in the philippines, a police van rammed into protesters as an anti-u.s. rally turned violent at the american embassy in manila. there are reports that three student activists had to be taken to a hospital. protesters are demanding an end to the presence of u.s. troops in the country and backing a call for an independent foreign policy by the president. obama administration is proposing a sweeping package of consumer protections for airline passengers. travelers would get refunds when their bags arrive late, and there would have to be more transparency on ticket purchases involving online travel sites. an airline lobbying group says the

matt believes that nikki shut it off. he is insistent that he didn't shut it off. >> reporter: so whatever happened to her, the cameras didn't see it. >> the cameras did not see it. that is correct. >> reporter: as for the audio recordings of the arguments, he pointed out that most of them were recorded in 2008 and 2009, two years before nikki died. according to the defense attorney matt made the recordings with the encouragement of a marriage therapist that the couple had been seeing at the time. >> he is talking and he is conciliatory in my opinion. he is trying to calm things down and it is impossible to calm nikki down. >> please, don't do this. please. >> you do not want to do this with me right now. i mean it. you do not want to tangle with me right now at all. >> what did i do? >> according to his attorney the prosecution cherry picked scenes from the marriage highlighting the bad and downplaying the good. bright spots like a 2010 trip they took to hawaii. they even renewed their marriage vows. >> the tapes reflect

julie: i'm matt miller. -- matt: i am matt miller. scarlet: a rally in energy companies. joe: but the question is, what you miss? scarlet: investors are driving into passive products. we were here on this topic. and it is a showdown in sin city. presidential nominees donald trump and hillary clinton face-off for the third and final debate in las vegas. we will take you down with a preview. and one of clinton's biggest supporters, billionaire a little steve case, joins us live from -- aol founder steve case, joins us from the vanity fair summit. we will ask about lessons learned from the tech bubble. matt: take a look at where the major averages stand. been most of the day -- nasdaq not moving much at all. hovering around flatlined. s&p, one third of a percent. dow jones 67 points. off the session highs but still showing gains. abigail doolittle is standing by. have had the nasdaq around even all day. fluctuating between small gains and losses. slightly higher all afternoon. this largely reflects what is going on within the largest sector, technology. it comprises about ha

matt: live from london and new york, i am matt miller. mark: i am mark barton. this is the european close. nine minutes left in the wednesday training session. saudi arabia is going on a sales spree. planning to raise 7.5 billion dollars. this is according to people with knowledge of the operation. beating argentina, 16 point $5 billion sale in april, bloomberg largerge desk learned a portion of saudi dollars have come from the united states. does this reflect the 17.5 billion that saudi arabia is making hay while the sun shines. does it impact the deepening strain on the country? >> indeed. all of this, we have the sale today, which is going to be the biggest sale after the emerging markets. billion,we saw 16.5 and argentina has been selling more dollars, euros for companies as well. day deal from emerging markets, it is saudi arabia that is going to be on top of it. and there are reasons for this. there are demands from investments in the emerging markets. traditional investments and also crosses over from global investments. indeed, there is a strain. there i

matt: i matt miller. oliver: i am oliver renick. matt: -- oliver: the question is, "what'd you miss?" matt: word of the fbi's renewed investigation sent u.s. shares dropping near session highs. mexico's peso seen as a proxy for market perception. ofwill have full coverage this dramatic development as we count you down to the u.s. closing bell. ♪ scarlet: take a look at where the major indexes stand when the headline growth that the fbi is looking into new e-mails, a leg lower in equity indexes and then they stabilized, they took .nother leg down at its low point the dow jones industrial average was trading at 18,094, and in terms of what that meant for a point drop, that was a 74 point decline. we recovered a big chunk of that. you can see the dow industrials now positive on the day. in terms of volume, it has really been picking up today. the trading participation is now 20% higher than this 20 day average. usually a slow friday -- it's been slow on the political front as well these last couple days. you are looking at the s&p 50

matt: take a look at the imap. you can see the industry groups broken down. 11 out of 10 are declining, but there is some green on the screen here. health care is a gainer. you can see individual pockets, semiconductors, semi conductor equipment gaining. individual pockets of financials, like banks, diversify financials gaining. consumer discretionary. media is up. that is obviously the time warner move. consumer staples, retailing. take a look at some stocks on the move. let's just say, time warner is one of the big gainers today after that scoop was broken. you can see telephone moving down. here you see at&t down almost 2%. time warner up almost 5%, not the 8% pop we saw initially. ebay with a forecast that disappointed the market with its earnings report yesterday. american express with earnings that pleased investors. those stocks going the other direction. scarlet: mixed day when it comes to earnings and we have m&a news to contend with. in the bond market everyone was fixated on what the european central ban

matt. >> time to hit the brakes on 422 matt. eastbound lanes now heavy from approaching oaks on into route 23. we'll check those massive delays from the blue route and a situation in norristown when "action news" continues on this tuesday morning. >> ♪ is when i was one year old, i was diagnosed with a rare form of cancer on my spinal chord. but i spent my whole life fighting back. so you can imagine what i thought when i saw donald trump say... "i don't know what i said, ah, i don't remember!" "that reporter he is talking about suffers from a chronic condition that impairs movement of his arms." i don't want a president who makes fun of me. i want a president who inspires me, and that's not donald trump. priorities usa action is responsible for the content of this advertising. >> ♪ >> 6:44. beautiful start as we take a look at the early dawn along the ben franklin bridge and south jersey. coldest morning since may. in the 30's in some spots. it will warm up to about 65 today. >> the commute may be a little bit lighter becau

matt: this is bloomberg. ♪ ♪ matt: this is "bloomberg best." i am matt miller. quite a few big deals got done, but others hid regulatory snags. let's continue the tour of the top business stories eight in the e.u. where there is been a hitch in the takeover of syngenta. mark: cam china missing deadlines to buy the swiss -- to make the purchase of the swiss herbicide maker. how much of a big deal is this, that chemchina did not submit on time? >> they had a deadline of next -- friday to do it and they had a decision deadline of next friday where the commission gets dealcide to clear the without any conditions or do they open a longer in-depth probe and i can take months. what we see right now with the share drop is the level of uncertainty about what happens next. waiting for her five months for approval is tough when you want the deal done as fast as possible. when you open up a realm of possibilities it is worrying for a deal you thought was very nearly in the bag. >> exxon shares here in germany slopping after the german economy minister opened a review of its

matt: i'm matt miller. this is "bloomberg markets." let's start with the first word news desk with mark crumpton. south florida escaped the worst of hurricane matthew and now the storm is pushing north. hurricane was downgraded to a category three storm and state top of florida's atlantic coast. still, matthew has sustained winds of 120 miles per hour. now 100 miles of coastline from florida through south carolina are at risk of a deadly storm surge. hundreds of thousands of homes in florida and businesses are without power. in geneva, switzerland, the international red cross announced an emergency appeal for $6.9 million needed for money, medical aid, sanitation, and assistance to 30,000 people in southwestern haiti hit hard by hurricane matthew. unicef says it needs $5 million to meet the immediate needs of children in the region. on sunday night, donald trump and hillary clinton meet for a town hall style debate at washington university in st. louis, missouri, the second debate presenting challenges for

matt: and i'm matt miller. joe: u.s. declines hearing by more than half after the s&p was brought back from a three month low, but the question is "what'd you miss?" data isek chinese trade fostering new doubts about the health of the world economy is the federal reserve is preparing to tighten. chairmanwells fargo and ceo is out, marking a stunning town fall for one of the banking industry's most powerful figures. discovered donald efforts to self opposition research, so how is he shifting course? less than 30 minutes to go before the close. take a look at where the major averages stand right now. way higherding our with major averages still in the red but it has been a steady progression north with utilities and real estate reinvestment trust leading the way. the drives are financials and tech stocks. let's go live to the nasdaq where abigail doolittle is keeping an ion those tech names. abigail: it has been a down day for the nasdaq but well off the lows. earlier, the nasdaq had been down more than 1% and some of this

matt is over an accident on the roadways. matt? >> 41 southbound headed through avenue, right now we have a crash, the left lane is blocked. they have reconfigured the lanes saturday morning and no longer exits at greenfield from southbound 41. that is where the crash took place. southbound coming through the zoo we have a delay pushing through that ramp. it is growing back to blue mound and continuing down past the crash site before greenfield. the green. we are continuing to watch them. this is the only crash on the system. i will watch it. that's a look at the morning commute, back to you. >> matt, thank you. this morning the candidates are getting back to the campaign trail after last night's debate in st. louis. it started with the trump video with the vulgar comments and ended with the candidates saying nice things aboutac good morning. >> good morning. combative moments in st. louis, but the night ended on a rare positive note. >> donald trump calls the 2005 about groping women locker room talk. >> i am not proud of it. i ap

for matt pelman, erin he o'hearn, matt pelman, dave murphy i'm matt o'donnell. bye bye-bye katie v/o: she works hard. she stays late. but she gets paid 21% less than her male coworkers. pat toomey has voted time after time against equal pay for women, against pay that helps hard working families get ahead. katie o/c: for my daughters and yours, i'll fight for equal pay for women. families need it; you've earned it. katie v/o: i'm katie mcginty, and i approve this message because it's your turn to get ahead. did you know your business doesn't have to suffer from slow internet? comcast business now offers blazing fast internet speeds up to 150 mbps. that's 10 times faster than dsl. get internet for as low as $59.95 a month. call today. comcast business. built for business. did you know that sharing wifi with your customers could leave your business exposed? only comcast business offers wifi pro. two separate networks - one that's private for you, and one that's public for your customers. upgrade to wifi pro for only $19.95 a month. call today. comcast business. bu

matt: this is bloomberg. ♪ ♪ matt: this is "bloomberg best." i am matt miller. quite a few big deals got done, but others hit regulatory snags. we continue in the e.u., where there has been a hitch in chemchina's takeover of syngenta. mark: chemchina missing deadlines to buy the swiss herbicide maker. how much of a big deal is this, that chemchina did not submit on time? >> they had a deadline of next -- of friday to do it, and there it is -- there is a decision on next where the commission gets friday, to decide if it clears the deal without any provisions, or does it open a more in-depth probe. that can take months. with the share drop, we are seeing the level of uncertainty. waiting for five months for approval is tough when you want the deal done as fast as possible. when you look at the whole realm of possibilities, that is -- >> shares in germany slipping after the german economy minister opened a review of its takeover by china's grand chip investment. the move comes as germany seeks tighter control of foreign investments, not to mention the e.u. is also

matt: this is bloomberg. ♪ matt: this is "bloomberg best." i am matt miller. quite a few big deals got done, but others hit regulatory stacks. we continue in the e.u., where there is a hitch in chemchina's takeover of syngenta. mark: chemchina missing deadlines to buy the swiss herbicide maker. how much of a big deal is this, that chemchina did not submit on time? >> they had a deadline of next friday, where the commission gets to decide if it clears the deal without any provisions, or does it open a more in-depth probe. with the share dropped, we are seeing the level of uncertainty. waiting for five months for approval is tough when you want the deal done as fast as possible. when you look at the whole realm of possibilities, that is something you want to bury in the bag. >> shares in germany slipping after the german economy minister opened a review of its takeover by china's grand chip investment. the news comes as germany seeks tighter control of foreign investments, not to mention the e.u. is also weighing in. >> it is the latest move by the german govern

matt. >> okay matt. thanks. >>> a natural gas leak set off an explosion and fire outside of chicago. firefighters say crews were repairing the gas leak at a townhome complex in romeoville last night when it happened. no one was in the building but two gas company workers were injured. one of the workers is in critical condition. two homes were flattened. >>> tim tebow stepped up to the plate to comfort a sick baseball fan in arizona. tebow was signing autographs yesterday when a man had a seizure. the one time eagles hopeful prayed and talked college football with the man. the fan soon opened his eyes and chatted with tebow for a bit until paramedics took him to the hospital. tebow reacted in a similar way back in the summer when a plan was having a medical emergency on a plane. >> new on "action news" a small pharmacy in new york city created a stir for advertising, one price for men and one price for women. thompson chemists post add sign stating for one day female customers could shop tax free while m

matt: and i am matt miller. joe: the question is, what did you miss? that the boston fed conference, janet yellen said there are plausible ways that a the economy hot for a while could fix some of the by the recession. over sales tactics. a scandal that led to the departure of the ceo of wells fargo this week. we will speak to the cfo right after the markets close. plus, the greek financial crisis is still at the top of investor minds. the country is still struggling to write an economy that has contracted in aid of the last nine years. as we head toward the close, let's get you a look at where major averages stand. gains across the board, but we have come off our highs for the session. for the week, the markets are poised to close down. by the financials after j.p. morgan and citigroup reported better than expected earnings. let's go to the nasdaq, where abigail doolittle is standing by with a bigger picture look. the day, the nasdaq is closing unchanged. on the week, as you alluded to, it's anything but unchanged. week --n for its work worst week in

matt: i am matt miller. scarlet: jabil circuit case for connotative monitoring policy. matt: at a speech in new york, vice chair stanley fischer said government policies can hardly counteract the impact of the games that could be holding back u.s. economy and weighing on interest rates. tug-of-war been in a lately over whether the company and continue to add subscribers or if it has hit a wall. bank of america today reporting its best third quarter for fixed income trading in five years, labonte trading revenue continue to be a bright spot for goldman sachs tomorrow. scarlet: let's look at where the major indexes stand. we are still down but we have taken a like lower in the last 10 minutes or so. at what is a look going on current abigail: it has three majorabout averages. in the u.s., the dow, the nasdaq, three major averages down 3/10 of 1%. investors are treading water. this follows back-to-back weekly declines for the dow and s&p 500 and. august 4 to brexit. we take a look at the 10 year yield and today it is lower. if there could call a few years ago, he thinks ra

now to matt up in news chopper 12. matt? reporter: we are looking down at the issue, howard avenue on-ramp, northbound, we have a squad and semi, and repair truck. there is a delay past howard and holt. side of 894. so a heavy ride on up from the hale up to the zoo. we have 12 minutes eastbound 94 into downtown. that's a look at the morning commute, back to you. >> matt, thank you. >> p and the farmer is hoping that the surveillance video helps the police track down the thieves and teach them a lesson and get the pufrn kins back too. >> a serious rescue mission on long island. melinda: poofa is a six-year-old golden doodle. while walking in the woods with her owner, poofa fell down an abandoned well. the dog survived the 20 foot fall. soon rescue crews arrived. they sent someone down to get poofa. it took more than two hours to bring the dog back to the glad she's okay. >> 6:37. changes at twitter. >> the announcement that is coming out that impacts people around the world. plus, hawaii's homeless is getting help in unexpect

matt: this is bloomberg. ♪ matt: this is "bloomberg best." i am matt miller. philip hammond has a tough job as the head of the u.k. treasury. he must set a fiscal policy that can soften economic shocks as the country moves ahead with it 's exit from the european union. hammond visited wall street to reassure u.s. banks of britain's strength and discussing the challenges he faces with an inclusive interview. >> now we have a situation over the past week. you see the talk of hard brexit. sterling has gone down. people do not see the city -- it looks like the government will go. is that fair? you have many worried watching on television. what would you say? >> i don't think it is fair. it's not a correct analysis of what has happened this week. first of all, we don't recognize the distinction between hard brexit and soft brexit. we want the one that works for britain and for the european union. it has to be about mutual advantage. it has to be about a mutually beneficial absolution. the financial services sector is a very important part of the u.k. the largest si

matt: i am matt miller in new york. in moments, president obama and the italian prime minister will hold a joint news conference and we will take the event live on bloomberg television. in a few months, italy will hold its own referendum vote. at stake is how they are run as they endure a banking crisis, economic stagnation, and migration into the country. thank you for your time. how does it look? is theonths out, but how mood in the country and how are the polls lookin? >> a few -- polls looking? >> for a month and a bit, the polls are changing and there seems to be a narrow majority against the reforms. the problem for the prime minister is he made the mistake of promising to resign if he quit which has united all the opposition against him. the problem is that if he loses the referendum, he might come under a huge pressure to quit. mark: what help been cut president obama give prime minister renzi. this is his last state dinner in the white house. can he give his campaign a boost? >> there is use symbolism. we have

matt: and i'm matt miller. scarlet: gold tumbling on speculation of a federal rate increase. joe: the question is, "what'd you miss?" scarlet: we break down what this means for markets with binky chadha. joe: the takeover of monsanto. we have the charts that you can't miss ahead of the earnings tomorrow. matt: before brexit, there was grexit. discussing the greek economy today and whether it has turned the corner. we begin with our market minute. u.s. stocks have begun october, the month in the quarter, weather tends to be quite a bit of volatility, with back-to-back losses. moving higher, reflecting some anxiety. i think it's a little deceptive because while it doesn't seem like much, the story today was the brett of the selloff. everything getting hit on. joe: i will show you that -- matt: i will show you the story right now, using my eye. .- imap everything is red, with the exception of financials. once again, second day in a row this week, defenses getting hit the hardest. utility, telecom, tear he is, all down there. take a look at the winners on the s&p. are financials,

matt is up in news chopper 12. matt? >> right now we are over a trouble spot, bypass, you can see heavy traffic leading up to national avenue point. delays are solid starting back at beloit road and up. it is leading up to 13 minutes right now from the hale up to the zoo. 41 southbound at 13 minutes from q to the zoo. >> matt, thank you. >> crews in massachusetts helped to rescue two dogs trapped inside of a pipe. the pipe here is 65 feet under ground. water works crews worked for there they are. they brought in a bulldozer to dig alongside the pipe. the dogs were freed and celebrating with a run in the yard. >> right now, a strange phenomenon is raising questions. this video has people wondering if a ghost ship is sailing on lake superior. it was spotted by a videographer in the upper peninsula. it's not the first time a ghost ship has been spotted on the lake, but experts say this is probably not the ghost of a shipwreck. it's more likely an optical illusion involving a lighthouse about eight miles offshore. >> a tempe

it's matt. >> hey, how you doin'? >> it's still matt leblanc from friends. >> hey! get your clothes up off the floor and put your backpacks where they belong. >> matt plays a contractor and dad to three who finds himself a fish out of water when wife liza decides to go back to work and he takes over the household duties. it's matt's first time ever playing a dad. >> the way you kids behaved today was completely unacceptable. >> you were a carpenter, weren't you? >> yeah. in another life, about 104 years ago, i was a carpenter, yeah. >> will we see some of those skills in the show? >> well, i'll tell you -- no. >> but don't look for matt who also hosts a bbc show top gear to put the pedal to the metal with man with a plan. >> it's a minivan. >> they've got one now with th vacuum cleaner built in. >> they have a minivan sideways. >> the vacuum and the minivan. i've got one of those. man with the plan debuts october 24th and meanwhile, tonight cbs the cardinals take on the 49ers and did you know this? former "who's the boss" star alyssa milano is a huge football fan an

matt kenseth having to remain patient and get >> you watch matt kenseth move up to the field the left side of your screen. already gained seven positions, make it eight when he crosses the finish line this time. he preached that to me as well about the patience he has to exhibit early in this race. you can work your way up but look at what he's doing, middle of the groove he's been running this entire time. the track at charlotte motor speedway laid down a lot of rubber before the cars showed up. the rubber seemed to have stayed through the rain the last couple during preracing. you can use that high lane if the rubber and grip is there but it's tough to be the first guy up there. >> we saw kyle larson make it work and joey logano cleaned jamie mcmurray on the outside. to be 100% honest i'm surprised it's good already. if it's this good now it should only get better as the race moves forward. >> i loved when people use the word patience and racing. there's a difficult balance you would have to have, be patient and yet at the same time you've miles an hour into turn one and be literall

matt: i'm matt miller. joe: the question is, would you miss? -- what'd you miss? inflation may have been underwhelming but earnings are stand out as we head into the close. investors are eyeing yahoo! and intel very closely. and we are going to be speaking smith.tel's stacy the chipmaker is pivoting aggressively as core pc sales and. and it has been a horrible year for bill ackman could even his adversary -- even as his adversaries seem to be plotting emise, should we be counting him out? could bill ackman make a comeback? scarlet: we are heading for the close so let's look at whether stock indexes stand with abigail doolittle. abigail: we see lots of green for the three major averages. higherp 500, nasdaq all with lots of green. nasdaq close to one person as the tech-heavy index charges forward. let's look at the financials. i socket of strength for u.s. stocks. goldman sachs and blackrock and regent financial trading higher. goldman sachs earnings really stand out. a lot of the strength is driven by fixed income strength come up 49% on a year-over-year basis. on

matt on the right, sarah on the left if you'd be so kind. you two look fantastic. matt, stunning. how do you feel now, matt? very nervous. >> well we're all here by your side, aren't we folks? [cheers and applause] >> that's your cue. sarah, you look gorgeous. how are you feeling? >> thank you. i don't know how i got here. >> jeff: how did you get here? what happened today? take us through it. >> we were having dinner and then all of a sudden dennis rodman walks up to us and like just takes us out. we went and got fit for a tux. she got fit for a dress and we >> jeff: wow. only in vegas. was it fun? >> it was good. it was good. i tried on a wedding dress for the first time ever today and i cried. >> jeff: you cried a little bit. dennis help you get fit? he has great taste that d-rod. here's the way it will work. you are going to have 60 second for this entire ceremony to take place in order for the marriage to be valid. again, i am this is legit ceremony if you get through in just 60 seconds. now, how often is this? if you complete the wedding ceremony in 60 seconds, not only do y

matt is in news chopper with the latest on the traffic. matt? >> we are over the bypass. we have had a full closure here. things are moving well construction area here. just a little tap on the brakes moving into the zone. travel times... >> thank you, matt. >> a milwaukee police officer behind bars and charged with sexual assault and prostitution. brown was already under investigation for theat shooting of smith that prompted days of unrest in milwaukee. hillary is live at the police headquarters with the latest. reporter: the chief is calling the allegations more than distressing and now the police officer could be facing decades in prison if convicted. he's charged with sexual assault and prostitution. prosecutors say in august, brown drinking shots together at a bar, the two were apparently watching the news of the unrest in milwaukee, which started after brown shot and killed smith. investigators also say that brown has photos on the cell phone of him and the second man. the prostitution charges date back to 2015. >> this is disappointing, thaez are grave charges, ch

matt. >> good morning, matt. the ramp from the schuylkill westbound to the vine eastbound reopened all overnight construction is gone here but there's construction elsewhere and accidents in montgomery county and gloucester county. details when "action news" continues on this tuesday morning. >> ♪ >> ♪ >> 5:14. taking a live look at the commodore barry. 46 degrees on city avenue. could be even chillier in some other areas so we could see frost out there in the outer suburbs. getting up to 65 today so a decent day. just got to get through a chilly morning. >> and you got to get through your commute. let's go to matt pelman. good morning, matt. >> that's never the easiest feat we know there for sure. good morning tam and matt. so far this morning it's not terrible. let's go outside. let's visit norristown. this is two he 02 markley street at main street. that car is coming northbound right off the danne hower bridge. looks okay here but the problem is just up ahead they're working on a gas main break from the o

mark: i predict she won't talk about it, matt. matt: i think you're right. that is my prediction too. if she does at all, it will be in a tarmac or airplane availability. i can't imagine her addressing this in front of 7,000 people at a rally. that would be really weird. she might address it if she feels it might move the ball. i think they might feel pretty good about the podesta statement. i think they're probably going to keep up an aide response at least for now. john: i don't like to ever ask you to do this because i know it makes you uncomfortable when i put you in the position of advising the trump campaign. mike: you've done it a couple times. you totally like it! john: there was a little discord, discontinuity, dissonance between trump having trashed the f.b.i. for months and months and months and now singing their praises. is that dissonance a problem? should he go on and be just praising the f.b.i. right now? does that make sense for him to be saying something totally counter to what he said two week ago? mike: yes, there is a problem for that. th

matt: i am matt miller. head of research tom lee told the what you've missed anchors why he is confident markets will shrug off any nervousness. >> i think it is amazing every time the market tumbles a little bit everyone starts battening the hatches for the next seven-year drought. i don't think anything has changed. you cannot rely on things like honeywell and say they are leading their company. things look pretty solid still. >> one thing we have been watching today is the correlation between the pound and stocks. i just called up the s&p 500 intraday chart that is yellow and the pound is in white. they have been moving almost in light step -- lockstep. when does the dollar get to the point that u.s. companies have to worry about it? >> a couple of things. i do think there is a realization that brexit is not a fairytale. the u.k. 10 year yield 60 basis points when the ftse has made an all-time high. it may not mean anything. but the dollar at 97 is not posing any risk. it is a response to a lot of uncerta

matt. >> thanks matt. >>> two people in custody for ramming their car into a police vehicle and then attempting to run from the crash scene. the officers involved were not seriously hurt. "action news" reporter katherine scott is live on the 6800 block of warnock street with the details. katherine. >> reporter: matt, that's right, two people are in custody and two officers are being evaluated but they are expected to be okay. you can see a tow truck is here at the scene. we're actually at 11th and spencer where this crash happened overnight here in fern rock, and you can see a tow truck is here still trying to clear it away. this block is closed right now for the investigation and the crash. and there was some crash here. there's heavy front end damage. you can see the air bags deployed in the vehicles. this happened at 11th and spencer just before 2:00 a.m. police say this all startd when officers tried to pull over a vehicle about a block away from here on the 6000 block of warnock street. as those officers approached, the suspects took off. and when the car got to 11th and spencer

matt. >> yeah, we sure are and it is a mess of a situation matt and tam. northeast extension is where it happened in the northbound lanes just beyond the exit ramp for lansdale route 63 and chopper6 hd remains high in the sky over the scene. there you can see one of the four trucks involved in the crash. that one we were seeing some smoke coming from it and as you can see it's lodged on that construction barrier because, yes, of course this is all unfolding right in the work zone. also have several other passenger vehicles on the side here in the midst of the accident scene. and no northbound traffic is getting through. they have put a plan x into effect which usually means we're looking at hours of the road closure because of this accident and the cleanup that's going to need to result. there you see some of the other trucks involved in this accident. so, northbound coming away from lansdale headed toward quakertown in the lehigh valley you're not getting through. southbound is opened headed down toward plymouth metering but traffic there is moving slowly

matt? >> we are looking down at 43, 94. beecher is under the freeway. you can see looking good here. light to moderate volume. no delays. in fact, just bun delay on the system, starting at oklahoma avenue and up to the construction zone. that's a look at the morning commute, back to you. . >> matt, thank you. 6:15. a six-year-old killed during a shooting on a playground in south carolina will be laid to rest. tim is in the news room how hundreds are remembering jacob family says he loves super heroes. so later today everyone attending the funeral will be in costume to celebrate his life. a week ago, a gunman opened fire while jacob was on recess at school. he died over the weekend. the suspect is a 14-year-old student that killed his own father at home murder and attempted charges as a juvenile. a visitation was held yesterday. the police officers here wearing the super hero shirts under the uniforms. a number of super heros are paying respects. 60s tv star adam west played batman. ben, bac

matt: it is all straight ahead on "bloomberg best." ♪ matt: hello and welcome. i am matt miller. this is your weekly review of the most important business news, analysis, and interviews from bloomberg television around the world. the week again with a blockbuster media merger as at&t announced its intention to buy cable giant time warner. big deal everyone is talking about. at&t agreed to buy time warner for 85 point $4 billion. is this even possible? >> it is possible. you just have to turn the clock that 18 months or so, when at&t. directv -- when at&t bought directv. a lot of people arrest in at&t or in index eased -- a lot of people invest in at&t or in icesx eased -- ind associated with it. is ultimately seen as a utility to many investors. directv and time warner are big, large moneymaking machines. >> people talk about vertical integration. that thatis thought brings the cost down for consumers. but this is basically at&t adding another asset into their bundle. of industries are effectively in decline, whether it is the time warner business or at&t's own business, facing c

matt: this is bloomberg. ♪ . ♪ matt: this is "bloomberg best." i'm matt miller. philip hammond has a tough job as the head of the u.k. treasury. he must set a fiscal policy that can soften economic shocks as the country moves ahead with its exit from the european union. hammond visited wall street to reassure u.s. banks of britain's strength and discussing the challenges he faces with an withsive interview editor-in-chief john micklethwaite. john: now we have a situation over the past week. you see the talk of hard brexit. sterling has gone down. people do not see the city -- it looks like the government will go. is that fair? you have many worried watching on television. what would you say? philip: i don't think it is fair. it's not a correct analysis of what has happened this week. first of all, we don't recognize the distinction between hard brexit and soft brexit. we want the one that works for britain and for the european union. it has to be about mutual advantage. it has to be about a mutually beneficial absolution. the financial services sector is a very i

it's matt. >> hey, how you doin'? >> it's still matt leblanc from friends. >> hey! get your clothes up off the floor and put your backpacks where they belong. >> matt plays a contractor and fish out of water when wife liza decides to go back to work and he takes over the household duties. it's matt's first time ever playing a dad. >> the way you kids behaved today was completely unacceptable. >> you were a carpenter, weren't you? >> yeah. in another life, about 104 years ago, i was a carpenter, yeah. >> will we see some of those skills in the show? >> well, i'll tell you -- no. >> but don't look for matt who also hosts a bbc show top gear to put the pedal to the metal with man with a plan. >> it's a minivan. >> they've got one now with th vacuum cleaner built in. >> they have a minivan sideways. >> the vacuum and the minivan. i've got one of those. man with the plan debuts october 24th and meanwhile, tonight cbs the cardinals take on the 49ers and did you know this? alyssa milano is a huge football fan and that's why she hit the los angeles rams training facility. >

matt: i am matt miller. joe: i am joe weisenthal. scarlet: ims girl scarlet fu. oil supplies declined for a fifth straight week. joe: "what'd you miss?"? scarlet: earnings in just moments. closeill deutsche bank's cast a shadow in washington? they say the bank will be able to pay the dead bills. indiana governor succeeds without really trying to defend his running mate donald trump. we look what is next for both campaigns. we begin with the market minute, s&p 500 rising, after two days of losses. this is coming back from decent economic data. a ton of data cap today, but what was noticeable is the manufacturing and services, which added fuel to the idea the fed may go ahead and raise rates come december. joe: those numbers are what people pay attention to, the isn number setting the tone for the day. matt: and fuel really helped today. oil stocks were among the biggest gainers. if you look at the imap, you can see financials were the real winner. wells fargo was one of the biggest point additions to the s&p. you see energy ranks below it, the losers really, the s

matt: that is all straight ahead on "bloomberg best." ♪ matt hello, welcome. : i am matt miller. this is your weekly review of the most important business news, analysis, and interviews from bloomberg television around the world. the week began with a stunning announcement as 2 asset management firms consolidated. >> janus capital, home to bill gross, being bought by henderson group. the deal create a company with with $320 billion under management. is this what we have come to you in investing? so much pressure that managers have to combine to make the marginal margin? >> yes, we are going to see more of this. what is happening is the rise of passive investments indexing has put pressure on active managers. one thing this hopes to accomplish is to provide more scale to both companies, allowing them to distribute projects more evenly. -- products more evenly. henderson in the u.k. and janus capital in the u.s., they feel they can expand their client base to run active management actively managed funds and stay competitive. >> why be global? you will be dwarfed by blackrock and fi