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tv   FBN AM  FOX Business  October 29, 2015 5:00am-6:01am EDT

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>> questions that have been asked so far in this debate, illustrate why the american people don't trust the media. [cheers and applause] >> cheryl: breaks news this morning. there was no clear winner in last night's presidential debate. the loser were cnbc moderators. good morning, everyone. i'm cheryl casone. >> nicole: good morning, ownership nicole petallides. usually bad for stocks. let's check out what u.s. stock index futures are doing.
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pulling down slightly almost a half percent to the dow, s&p almost down 10. giant merger in foorm -- pharmaceutical industry, working on a 120 million-dollar merger plan. >> cheryl: and in sports. >> how about royals 2-0. >> cheryl: commanding lead 2-0 lead over new york mets. welcome to fbn:am, latest breaking news for you and what to expect for the day ahead. >> nicole: breaking news this morning, unexpected twist at last night's presidential debate. candidates choosing to attack
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the cnbc moderatest instead of each other. >> leading republican candidate is donald trump, when you look at him do you see someone with a moral authority to unit the country? >> there's a few questions i have. i love donald trump. i'm wearing a trump tied tonight. get over that one, okay. >> such a nasty question, but thank you, governor. >> mr. trump, you have done very well in this campaign so far, is this a comic book version of a presidential campaign? >> it's not a very nicely asked question the way you say that. >> daily fantasy sports has become a phenomena this this country. >> fantasy football. we have $19 trillion in debt. we have people out of work and we have al qaeda and we talk
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about fantasy football. >> governor christie you said about climate change is undenial. >> we should be investing in all types of energy. >> in government? >> john, you want me to answer or you want to answer? [cheers and applause] >> because i have to tell you the truth, even in new jersey who you're doing is called rude. >> let's stay on the issue of immigration. you have been critical of mark zuckerberg. >> i was not critical of him. >> where did this come up with -- >> i don't know, you people write this stuff. i don't know. >> you had talked about marco rubio, i think you called mark zuckerberg's personal senator.
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>> e never said that. -- i never said that. >> my apologizes, i'm sorry. >> rubio should resign, not rip us off when they they floydans send you to washington to do a job, you act like you hate your job, do you? >> let me say i read that today with great amusement. >> do you hate your job in. >> these folks, i just read today in "the new york times" $250,000 for a 30-second ad, i went out and said it was ridiculous. i called ben, we are not doing it. everybody said it couldn't be done. everybody said it was going to be three hours and about two minutes i renegotiated it down to two hours so we can get the hell out of here. [cheers and applause]
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>> just for the record the debate was going to be two hours. >> that is not right, you know that is not right. >> would raise the debt limit and prevent government shutdown and calm financial markets, does your opposition to show that you're not the kind of problem-solver americans want? >> the questions that have been asked so far in this debate illustrate why american people don't trust the media. [cheers and applause] >> this is not a cage match, and you look at the question donald trump, are you a comic book villain, ben carson can you do math, can you insult people over two, marco rubio why don't you resign, jeb bush, why have your numbers fallen.
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>> nicole: last night's debate was a train reck and if you don't believe us take a look at specific headlines. republican presidential debate draw criticism, the daily caller, presidential candidates turn on cnbc moderators during debate. associated press, republican candidates are not happy with cnbc debate. washington post, cnbc's really bad debate night and washington examer chair, quoted assaying, cnbc should be ashamed of debate handling. >> cheryl: well, republican national communications calling out the moderators for the handling of cnbc debate on the kelly file last night. >> there's a different between tough questions and got-you questions. this was supposed to be a financial debate. it doesn't.
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it was a got-you interview over and over again. that was a disappointing. >> cheryl: if you want to hear about economic issues and everything else, you want to tune to fox business november november 10, here on fox business network. >> nicole: more support during earlier debate last night. >> i am trying to solve a problem of win an election. i'm tired of losing, good god, look who we are running again, the number one candidate on the other side thought she was flat broke after her and her husband was in the white house for eight hours. i don't think he ever came back. if we don't beat these people, who the hell are we going to beat. >> i get rid of it, all the corporate welfare, make the
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ceo's pay tax rates the way we all do. >> nicole: immigrant are partly to blame and hillary clinton's decision to put unsecure serverr from being president of the united states. >> cheryl: all right, obviously, we are looking at a lot of things that happened last night with that debate. there's other headlines we want to get you to this morning. paul ryan calling it a new day in the house of representatives. wisconsin congressmen commenting after his republican colleagues nominated him to serve as speaker. ryan saying the republican party needs a new vision. >> we believe that the country is on the wrong track. we think is country is headed in the wrong direction and we have an obligation here in the people's house to do for
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people's business, to give this country a better way forward. >> cheryl: ryan is said to be confirmed by the house, the house passing a bipartisan budget and debt deal, government default. >> nicole: right. federal reserve decided to keep interest rates unchanged. federal officials explicit i will say they might raise short-term interest rates in december. investors had expect to keep rates unchanged, but many were surprised to hear, lower polling numbers, former new york governor said the fed should raise rates. >> reduced them now for seven straight years. that's never happened before. they've been zero for way too long. they should raise the rates, the feds should get out of manipulating the market. >> nicole: u.s. labor market was
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still healing despite slower pace of job growths and everyone is pricing in. >> cheryl: that's going to be a big story today. we have some economic news that's coming out today. economist expect the commerce department that the economy growth slowed in third quarter. economist expect expanded at 1.6% annual rate from july through september. now that would be a slow down from the 3.9 growth in the second quarter. >> nicole: right, that would be trirr gdp number. this is the reaction that we're seeing abroad to the fed statement yesterday, we are seeing asia mix with shanghai kospi to the downside. >> cheryl: dax down 21 points.
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>> nicole: u.s. stock market futures, dow futures right now down about 83 and s&p down nearly 3, nasdaq on 28. we have seen a little bit of academy celebration in the half hour or so. >> cheryl: possible merge, pfizer approached allergan. second amendment. largest u.s. drug maker, allergan the maker of botox, third largest generic. goprodisappointing results, that add add to concerns of business,
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goproshares have been sliding since august. take a look. gopro failed in afterhours trading. much higher than expected profit . arthritis drug. the world's largest bio companies. >> cheryl: first, let's see what today's vision of the wall street journal looks for all of you. first head line, aig, push to break up, remember, this is aig that the government bailed out. now there's a push for the company to be broken into pieces. next headline, deutsche bank,
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toyota shakes up japanese tradition. german supplier for key supplier, german cars, japanese cars so popular. big change for them. >> nicole: coming up in sports, new york mets dig a deep hole. >> royals have a good team, we have to make better pitches and be better. >> nicole: 2-0 as the mets limp right off to new york. we will have the highlights or low lights. taking 120-trip north. we will have that story, checking u.s. stock futures, dow down about 88, this is fbn:am, your first look at morning markets and breaking news. ♪ ♪
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>> if you saw that blimp that got caught from marilyn today, it's a perfect example of government. something the government made, basically a bag of gas, cut loose and left thousands of people powerless but they couldn't get rid of it so we had to keep it. that is our government today, we saw it in the blimp. [laughter] >> cheryl: gop huckabee making a reference to this. a billion-dollar government blimp following, giant it used to watch the east coast and
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broke free and drifted over pennsylvania allock -- along way it cut thousands of electricity, didn't collide, it came down near pennsylvania but not before it had drifted at the end of the day, 100 miles. your taxpayer money. >> nicole: lines are drawing a long. thousands of feet so very dangerous. turning now the sports. kansas city royals are in driver's seat after betting mets 7-1. that puts up royal 2-0. cueto held the mets to just two hits. wearing him down. tie-breaking two-run single. two outs that included 14 foul balls. team's next at nueva york city.
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rooky start for the mets and ventura for the royals. chicago bulls put away the brooklyn nets last night and the bulls shot 3 pointers and 0-9. all five starters scored in double figures. >> cheryl: from sports taking a look at how your markets, if you need cheering up, i can't help you right now, it looks like we have a negative open this thursday morning. s&p down by 8 and a half and 24 and a half to the downside. nasdaq, we had a big rally yesterday. >> nicole: that's right. highlights of gop presidential debate. instead of attacking each other candidates turned on cnbc moderators. >> this is not a cage match. how about talking about the substantive issues? [cheers and applause]
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>> nicole: we will have reaction of the debate. economists looking for performance in the u.s. economy. you are watching fbn:am, first look at morning markets and breaking news. ♪ ♪ ♪ the great beauty of owning a property is that you can create wealth through capital appreciation, and this has been denied to many south africans for generations. this is an opportunity to right that wrong. the idea was to bring capital into the affordable housing space in south africa, with a fund that offers families of modest income safe and good accommodation.
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citi got involved very early on and showed an enormous commitment. and that gave other investors confidence. citi's really unique, because they bring deep understanding of what's happening in africa. i really believe we only live once, and so you need to take an idea that you have and go for it. you have the opportunity to say, "i've been part of the creation of over 27,000 units of housing," and to replicate this across the entire african continent. jeb bush:believes thatnt, wamerica's leadership and presence in the world is not a force for good. america has led the world and it is a more peaceful world when we're engaged the right way. we do not have to be the world's policeman. we have to be the world's leader. we have to stand for the values of freedom. who's going to take care of the christians that are being eliminated in the middle east? but for the united states, who?
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who's going to stand up for the dissidents inside of iran that are brutalized each and every day? but for the united states, who? who's going to take care of israel and support them - our greatest ally in the middle east? but for the united states, no one - no one is capable of doing this. the united states has the capability of doing this, and it's in our economic and national security interest that we do it. i will be that kind of president and i hope you want that kind of president for our country going forward. announcer: right to rise usa is responsible for the content of this message. tand that's what we're doings to chat xfinity.rself, we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible.
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because we should fit into your life. not the other way around. >> the questions that have been asked so far in this debate illustrate why the american people don't trust the media. [cheers and applause] >> nicole: brokering -- breaking news this morning, clear loser according to reviews was c nbc
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moderators. >> cheryl: federal reserve leave interest door open for interest hike. rally for the dow. let's check u.s. stock futures. dow is pointing lower after yesterday's big rally by 81. s&p lower by 9 and a quarter. >> nicole: we will tell you what economists are predicting for the third-quarter growth. >> cheryl: wall street journal is reporting that pfizer and allegran working on a merger plan. >> how about cueto? 2-0. >> nicole: 2-0 leading over the new york mets in the world series, we will have the
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highlights. welcome to fbn:am, first look at what is moving in today's morning markets and what to expect ahead. >> cheryl: unexpected twist at last night's republican presidential debate in colorado, the candidates choosing to attack the cnbc moderators instead of each other. >> leading republican candidate is donald trump, when you look at him do you see someone with a moral authority to unit the country? >> you know, there's a few questions i've got, the last time is i have to give him some more time. i'm wearing a trump tie tonight. get over that one. >> such a nasty question but thank you, governor. >> mr. trump you've done very
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well in the campaign, is this a comic book of a campaign? >> it's not a comic. >> daily fantasy sports has become phenomena in this country. >> we have government involved infant say football. wait a second. we have people out of work, we have isis and al-qaeda attacking us and we are talking about >> ii want to go back, if i may, to the -- >> climate change is undenial, the question is what do we do to deal with it. so what do we do? >> what we should do is be investing in all types of energy. >> in government? >> no, john, john f you want me to answer or you want to answer? [cheers and applause] were because i have to tell you the truth, even in new jersey what you're doing is called rude.
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>> these folks cnbc, they had it down three, three and a half hours. i went out and said it's ridiculous, we called ben, he was with me 100%. we called him, that's it we are not doing it. they lost a lot of money. everybody said it couldn't be done, everybody said it was three hours and about two minutes i renegotiated two minutes so we can get the hell out of here. >> for the record, the debate was going to be two hours. >> that's not right, you know that that is not right. >> senator cruz, congressional republicans democrats in the white house are about to strike a compromise that would raise the debt limit, prevent a government shutdown and calm financial markets, does your opposition that you're not the kind of problem-solver americans want? >> let me say something at the outsets, the questions that have
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been asked so far in the debate illustrate why the american people don't trust the media. [cheers and applause] >> this is not a cage match and you look at the question, are you a comic book villain, ben carson can you do math, kasich will you insult two people over two, marco rubio why don't you resign, jeb bush, why have your numbers fallen, how about talking about the substantive issues? [cheers and -- [cheers and applause] >> cheryl: reviews are in. presidential debate draw criticism from the daily caller. associated press, ap, republican candidates not happy with cnbc debate. here is something from the washington post.
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cnbc east really bad debate night. quote assaying cnbc should be ashamed of their debate handling. now you want to make sure to tune in tuesday november 10, we are going to have the real debate, fox business wall street journal republican debate here on the fox business network. >> nicole: indeed. now turn back to economic news that's out today. economists expect to department to say that the economy growth slowed in the third quarter. domestic products at 1.6% seasonally adjusted rate, that's not a good number. that would be a slow down from 3.9% growth that we saw in the second quarter. they'll be looking at housing, global market, strong u.s. dollar and how that factors in as well. >> cheryl: drug makers, two huge names in the drug industry with a possible merger in what could
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be the biggest takeover deal this year. however, newspapers says talk is at an early talcses second attempt to acquire a european rival after it failed to purchase last year. pfizer u.s. large maker. >> nicole: this would be a big one if it actually goes through and happens. coming up, reviews are in of apple tv. giant iphone for your living room. let's take a look at that. if you're visiting chicago, may the force with you. we will tell you about lucas about a star wars museum, let's check, dow futures down about 91, s&p down 11, nasdaq down 29. you are watching fbn:am, first look at morning markets and
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breaking news. ♪ ♪ ♪
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>> cheryl: let's take a look at u.s. futures right now. four hours before the market is open. u.s. stock market futures to the downside. s&p is pointing down by 10 and a quarter in the premarket.
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>> nicole: do you ever wish you could turn your iphone into a television, the new new iphone does that, a t into an app store, retailers and even personal trainers, remote control is a television best feature, much easier to use and can navigate through searches compared to typically complex remotes that are out there. you will be assisted on your searches just like your own iphones, some shows and lye events such as sports won't be available just yet. >> cheryl: all right, sign me up. if you ever wanted to go to a museum in a gal -- galaxy far, far away, your wish came true. overwhelming with just a few voting against it. museum of luka's collection of
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paintings and illustrations and digital art where the nfl's chicago bears play, economic and cultural bift and being designed to look like a gleaming white mountain. >> nicole: coming up gop presidential candidates open fire on cnbc moderators. >> this is not a cage match, how about talking about the substantive issues? [cheers and applause] >> nicole: expected to get hammered no today's trading, we will tell you why. u.s. stock futures, down about 79 points after gaining 200 yesterday. s&p down nearly 10. you are watching fbn:am, your first look at morning markets and breaking news. ♪ ♪ ♪
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>> the questions that have been asked so far in this debate illustrate why the american people don't trust the media. [cheers and applause] >> cheryl: breaking news this morning, the reviews are in and while there was no clear winner at last night's presidential debate t clear losers were the cnbc moderators. good morning, everyone, i'm cheryl casone. >> good morning, i'm nicole petallides. usually bad for stocks. checking u.s. stock market futures this morning, though, we are seeing some down arrows, s&p off by close to 10. >> cheryl: big market story coming up. in just a few hours how economy is performing. we are going to tell you what economists are predicting for
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third-quarter growth. >> nicole: wall street journal is reporting that drug makers pfizer and allergan are working on a million dollar merger plan. >> and in sports. >> how about cueto? royals two games to nothing. >> cheryl: we are going to have all the highlights, i'm sorry, nicole. welcome to fbn:am, first look at what's moving in today's market and what to expect for the day ahead. >> nicole: breaking news begins with untwist -- unexpected twist last night. >> leading republican candidate when you look at the average of national polls right now, when you look at him do you see someone with a moral authority to unit the country?
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>> you know, there's a few questions i have and the last one is i need to give him more time. i am wearing a trump tie, get over time. >> such a nasty question, but thank you, governor. >> mr. trump, you have done very well so far, is this a comic book of presidential campaign? >> it's not a comic campaign. >> we have a government involved infant say football? we have $19 trillion in debt, we have people out of work and we are talking about fantasy football. [cheers and applause] >> i want to go back if i can to the issue -- >> governor you said that many in your party do not believe, which is that climate change is undeniable, the question is what
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do we do to deal with it? >> what we should do is invest in all types of energy. >> in government? >> no, john, if you want me to answer or you want to answer. [laughter] [cheers and applause] >> because i have to tell you the truth, even in new jersey what you're doing is called rude. >> mr. trump, let's stay on the issue of immigration. you've been critical of mark zuckerberg -- >> i was not critical. >> where did this come up? >> you people write this stuff. >> you talked about marco rubio, you called him -- >> i never said that. i never said that. a gentleman in florida that happens to be a nice guy. >> rubio should resign, not rip us up, floridan sends you to
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washington to do a job, you act like you hate your job, do you? >> i read that editorial today with great amusement. it's actually evidence of bias in the media. >> i just read today in "the new york times" $250,000 for a 30-second ad. i went out and said it's ridiculous. we called ben, he was with me 100%. we called in, that's it, we are not doing it, they lost a lot of money. everybody said it was going to be three hours, three and a half, including them and about two minutes i renegotiated it down to two hours so we could get the hell out of here. not bad. >> just for the record the dye . >> that's not right, that is absolutely not right. you know that that is not right. >> senator cruz, congressional republicans, democrats in the white house are about to strike a compromise that would raise the debt limit and prevent government shutdown and calm financial markets.
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does your opposition show that you're not the kind of problem solver american voters wants? >> the questions asked so far illustrate why american people don't trust the media. [cheers and applause] >> this is not a cage match. and you look at the question, donald trump are you a comic book villain, ben carson, can you do math, john kasich will you insult two people over here, marco rubio why don't you resign and jeb bush, why have your numbers fallen. how about talking about the substantive issues. [cheers and applause] >> nicole: reviews are in. last night's debate was a train wreck for cnbc. cnbc moderators draw criticism, from the daily collar, presidential candidates turn on
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cnbc moderators during debate. from the associated press, republican candidates not having with cnbc debate, cnbc really bad debate night. and then you have the rnc chair said, cnbc should be ashame of debate handling. >> cheryl: republican communications calling out the moderators for handling of cnbc debate on the kelly file last night. >> the debate is supposed to be about letting candidates express their visions, plans, solutions for america. this was supposed to be a financial debate. it wasn't. it was a got-you interview over and over again. that was a disappointment. >> you want to make sure to tune in on tuesday november 10th for the fox business wall street journal republican debate. that starts at 6:00 p.m. eastern
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time with trish regan, sandra smith, maria bartiromo a niel cavuto. >> nicole: economy's growth slowed in the third quarter. that would be a slowdown from a 3.9% growth that we saw in the second quarter. >> cheryl: wow. let's get you caught up on global market action. let's take a look at asian markets, a mix bag there, again, a fairly flat day for asia which has been the trend all week, hang seng losing and kospi down just a fraction. >> nicole: we are taking a look at markets, ftse, down three quarters of 1%. >> cheryl: looking like this right now as we look to opening on thursday.
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right now pointing down by 77 points in premarket, s&p said to lose a little more than 9 points this morning. we are also watching gopro disappointing third quarter results and guidance for holiday season, that added concerns over where the camera business, it's drying up, 17% after hours. big stock to watch today, gopro. >> nicole: first kicking with aig, aig faces push to break up. bank won't pay dividend and toyota shakes up a japanese tradition. working with german supplier breaking away from traditional
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supplier network. >> cheryl: all right, a lot of headlines there. coming up in sports kansas city royals dig a deep hole for the new york mets in the world series. >> royals have a good deep, we have to make better pitches and play better. >> cheryl: royals two games to none. we are going to have the highlights for you. a billion-dollar government blimp, takes a trip north. we are going to have the wild story for you. dow, nasdaq, s&p all pointing to lower, markets open 9:30 a.m. eastern time. you are looking at fbn:am, first look at markets and breaking news. ♪ ♪ ♪ ♪
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>> if you saw the blimp that got caught lose from maryland today, it's a perfect example of government. what we had was something the government made basically a bag of gas that cut lose, destroyed anything in its path, left thousands of people powerless but they couldn't get rid of it because we had too much money invested in it so we had to keep it. that is our government today. we saw it in the blimp. [laughter] >> nicole: gop candidate huckabee making a referents to this. an out-of-control blimp, giant unplanned surveillance and drifted over pennsylvania along the way, down power lines, cut off electricity for tens of
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thousands of resident. two fighter jets scrambled to make sure that the blimp didn't clyde with other aircraft, by late afternoon it come down to the ground in pennsylvania, but not before drifted more than 120 miles and finally landed across in trees, but dangerous. >> cheryl: a billion dollar blimps. beating the mets 7-1 last night. that puts royals 2-0, johnny cueto held the mets to two hits. waring him down. high-breaking two-run single with two outs that included 14 foul balls. team's next play friday night at nueva york city field. rooky starts for the mets and ventura is going to start for
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the royals. >> oklahoma city thunder beat the san antonio spurs. kevin durant hit two critical free throes. russell westbrook had 33 points and ten assists. all right, coming up running morning action before mornings with maria. coming up. ♪ ♪ th the questions ♪ ♪ legalzoom. legal help is here. ♪
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>> nicole: let's take a look at what is going on in european trading right now. announcing that it'll be cutting 35,000 jobs, u.s. stock index futures after 20 #-point gain yesterday, dow futures down about 73 right now. we are turning it to mornings with maria and we say good morning to sandra smith. good morning, sandra. >> sandra: good morning, nicole. what a morning it is. i'm sandra smith for maria
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bartiromo, it's thursday october 29, we have a lot to get to. with me is dagen mcdowell and michael blog and anastasia amoroso. it wasn't the candidates going after each other. >> this is not a cage match. can you do math, john kasih will you insult people over here, marco rubio why don't you resign, jeb bush why have your numbers fallen. >> donald trump, when you look at him do you see someone with a moral authority to unit the countries? >> i love donald trump, he is a goodman, i am wearing a trump tie tonight, get over that one, okay. >> such a nasty question, but thank you, governor. >> where did they read this and
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come up with this? >> probably i don't know, you write this stuff. >> even in new jersey what you're doing is called rude. [cheers and applause] [laughter] >> sandra: reviews are in. outlets from the washington post putting cnbc in the loser column among the standouts in the main stage. senator ted cruz and marco rubio. we will take a look at the candidate's performance coming up. we will be hosting the next republican debate on november 10th and we will be talking about the issues important to you, what you want to hear about jobs, taxes and wages. turning to the markets this morning, we are looking at a pullback after yesterday 200-point rally on the dow, futures right now to lower open with dow futures currently off 77, s&p futures off 9. a little bit later this mornin

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