courtney reagan is live at centerville high school outside of dayton. a couple of undefeated ohio teams. a game this year for the ages, electric atmosphere. >> reporter: absolutely, tyler you can feel the excitement and the buzz here. it's homecoming night, it's military appreciation night. the school spirit is the same. like you said, full disclosure, this is my hometown. i went to this high school but the helmet technology, that has changed a lot since i was here it's a familiar fall sound the clash of helmets and pads on the field. the danger posed by the big hits is obvious but medical research shows it's the smaller, unnoticed hits that cause most of the traumatic brain injuries >> it's all the subconksubconcu blows they take. >> there is a sensor device inside the liner of the helmet with an on board computer and radio receiver that can alert team personnel of a high atypical impact that happened on the field. >> reporter: centerville high school in southwest ohio was one of the first in the state to outfit all 130 players with the sensors. this i

courtney reagan, just a shocking news event, today. i would imagine there is so much more interest in the queen's long life, her long reign, nowadays, and people will be documentaries and the series like the crown. i was thinking to myself i wanted to rewatch the crown and i will not be alone this weekend. >>. this has been your job for a long time. okay, how do we take that information, what does that mean. i know you don't want to be mercenary or anything like that but then you're thinking, all right, the crown, a lot of binge watching of the crown, what does that mean for netflix? so, you could do with more wins watching, that is an interesting thought. i feel dumb that i did not think of it. not surprised that you immediately thought of it because that's how you think but then we are talking about tourism to london, people are going to want to feel close to the queen, sort of being there even though she is not there. and also, a combination of the pound being at, i don't know, a 35 year low? give or take? that is a help to the uk w

reagan in for brian sullivan i hope you had a nice weekend. it's right at 5:30 a.m. here on the east coast here is how the markets and your money look right now well ahead of the opening bell. dow jones industrial average is higher by 44 points. s&p up 21. nasdaq higher by 82. let's see if we can break that friday losing streak to our top story this morning and russia scrapping plans to resume natural gas flows to europe through the nord stream pipeline after discovering a leak it accounts for 35% of europe's total russian gas imports. the pipeline operator gazprom had been set to resume operation on saturday after three days of maintenance. that news sent the price of natural gas surging yesterday. it has come down a little bit, but still off the highs of late august it is not just russia rocking the global newenergy opec and allies agreed to slash 100,000 barrels a day to boost global energy prices the cut is a surprise to many in the energy space accounts for .10% of demand saudi arabia last month flagged the possibility of output cuts to a

he will be staying in scotland before returning to london >> courtney reagan, thank you very much. "closing bell" will be right back (vo) hi. we're visible. a different kind of wireless company... ...running on a big impressive wireless network. how are we different? we exist only on your phone. so you get unlimited data for just $30/mo, taxes and fees included. plus we have a new plan with 5g ultra wideband. switch today at visible dot com. (fisher investments) it's easy to think that all money managers are pretty much the same, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher investments. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when clients do better. that might be why most of our clients come from other money managers. at fisher investmen

comp sales expected to grow 17% year over year courtney reagan? >> reporter: lululemon seems to always perform every time we get earnings this quarter is not expected to be any different a lot of the analysts are thinking the sales will be at that upper end of where the guidance was and where consensus is not beating consensus even though, of course, prices have gotten higher on almost everything across the board on what we buy, they have been higher at lululemon and they have pricing power and have proven they can do that. potentially the level of inventories. inventory was up 74%, less so on a unit basis because of the cost increase taken on that inventory but that was a hefty level even though management said they were comfortable with it. that's one area i'm watching lastly to the pricing point i think the margins will hold up much better for lululemon than other apparel or retail players right now because they just don't do sales like everybody else does. they do a level of clearance frankly, they don't have to. pretty impressive. >> so, davi

shep >> courtney reagan, thanks so much we'll have a complete wrap and a look ahead tonight on the news at 7:00 eastern time, 6:00 central. coverage continues now on cnbc.com on our sister network, on satellite and cable and think on our streaming service nbc news now and that's online around the world i'm shepard smith. right after this, "power lunch" is next on cnbc, first in business worldwide >> good afternoon, earn. we will continue to follow the queen's death and historic reign, but now we turn back to the markets a little more than 90 minutes to the close and let's get to dom chu to brings up-to-date the markets, right now, dom, little changed >> little changed, but we've seen both sides of that equator both up and down we are seeing fractional gains for the market indices up, down, just around a half percent, mark and the 31,000 the last trade and up 135 pointses and about one-half of 1% and the s&p 500, this is key, approaching back toward the 4,000 mark and up 16 points and nearly half of 1% and it's important for the s&p because this is just about the level that we were at wh

i'm courtney reagan and for melissa lee. this is options action live from the nasdaq market site. we are carter werth, and [ indiscernible ]. gentlemen, thank you for joining us. let's begin tonight with another friday selloff and another down week. the s&p falls 4 out of 5 days, finishing down 3% for the week. the financials get hit harder. shares of the s&p bank index are down almost 4%. with the master here, laying out where one hard-hit name is heading from here. carter, what does the chart tell you? >> we will look at capital one. just as a follow-up from last week when we drill down on regional banks and rate sensitive areas of the market. the big news this week was that the two year yields, after showing a bit of life faltered at the end of the week. the low yields, it is not good for financials in principle. we have seen this in the quarterly reports. the loan-loss provisions are taking up. as the operators of these enterprises get ready for the assumptive quality deteriorating in the loans they have, let's look at capital one, which is not a high quality lender. they are

courtney reagan, thank you very much all right, david, what's the trade? what's the investment on costco. you're shaking your head again what does that mean? >> courtney's right. winners breed winners and costco is a winner. brian, you're right, exactly, too. i think this quarter sets up pretty well for them, because we're seeing a lot of potential upside from gas margins. because they continue to leverage volume to benefit from a bunch of market share gains. and outside of that, i do think that there are some market participants out there looking for some commentary around some type of membership hike. something that happens, what, every 5, 5 1/2 years and the last one happened back in 2017. we are probably due on that. but i'm not betting or gambling on that. i don't think that they're going to announce it i understand that companies do have some opportunities to announce price increases during inflationary environments. i don't see that right now, as a company that loves delivering on a valuable client experience, at, you know, a good price but in a nut

i'm courtney reagan in for melissa lee, and this is "options action" live from the nasdaq market site we have carter worth, mike khouw and our guest. the chart master here to lay out where one hard-hit name in the sector is heading from here. carter, what is the chart telling you? >> sir, ure, we're going to loo capital one. the big news this week was two-year yields and ten-year yields, after showing quite a bit of life faltered and basically, lower yield the is not good for financials in principle. but we're seeing this in the reports of the big banks, long-range is starting to tick up as they get ready for quality deteriorating in the loans they have let's look at capital one, which is not a high-quality, if you will, lender just a few simple charts we know this this was a huge winner off its covid lows $38 on the low and hit 178 now down some 43%, it's exactly a 50% retracement. but does that mean it holds? no, i don't think it does. the second chart, same time frame shows or annotates it's finding support, but it's not likely to hold let's drill down more immediately. the chart i

i'm courtney reagan and fo

courtney reagan looking at the retail movers. every consumer discretionary name is lower right now and some of these retailers are getting pummeled what are you watching? >> absolutely, sara. fear reverberating through the retail stocks. the xrt is down precipitously but also look at the amplify online etf, the i buy. that's off even more by almost 7% so within that space, the e-commerce names, wayfair off 11%, whicchewy down 6%. even the more staple names in the discountiers are significantly lower. big lots is down 11% walmart and target are lower too, but not at least much worse than the broader market. the specialty apparel players, those are off huge we saw actually an increase in inflation numbers for apparel. children's place is down 13% urban outfitters down 8% abercrombie down more than 6 and haines brands down 7%. shares of nordstrom down 7%. ralph lauren and capri holdings down 5%. canada goose, rh, all of those names falling even more so than the broader market as we worry about consumers' ability and willingness to s

. >>> bed bath & beyond's ceo, who died friday by suicide, courtney reagan has the latest. >> good morning, carl. the tragic news of the death of the bed both and beyond chief, his death was confirmed. the company says their focus is on this sad and difficult time it leaves open another executive seat a successor is still to be determined the company eliminated its chief operating and chief of stores rolls. the financing agreements were $500 million, expanded more than $1 billion credit line and $375 million first in last out facility with jpmorgan and sixth street partners were finalized september 1st. bed bath & beyond trading remains active with traders, 40% of shares are currently held short and volatility remains high in august investors filed a class action lawsuit accusing them of artificially inflating bed bath's stock price stock sales in question were both preplanned as part of an agreement that he signed in april. in a filing last month bed bath & beyond said it was evaluating the complaint but believes the claims are without merit and would not comment when asked by cnbc bad ba

reagan has the story. lee munson has the trade courtney, let us start with you. i mean, the stock's gotten crushed. how is the outlook >> brian, obviously, nike is a very, very strong brand the world over, but not immune from macro economic pressures we're really going to want to hear a lot of details about how nike, frankly, is dealing with the impact of inflation on running its business and what that means for consumers that are faced with higher costs of goods that they have to buy. and what that means for what they're willing to buy with their discretionary dollars. the strong dollar is also something that's really in focus in the analyst and investor community. only about a third of nike's revenues come from the united states so from a dollar-denominated area and everything else has to have this fx translation. and so we're really concerned about what that means for nike this quarter inventory, of course, a big focus for retailers across the board. we know their direct-to-consumer business is getting

with me, courtney reagan with a check on the markets. >> stocks are at session highs ahead of the beige book. the dow, the s&p 500 and the nasdaq all sitting firmly in the green. the nasdaq, the leader of the bunch higher by 1.6% the ten-year yield falling.3% and this adding roughly 16 basis points in trading yesterday and crude, check this one out. down 5% on concerns of the economy. apa, baker hughes and aog resources the worst performing energy stocks. >> the fed vice chair brainard this afternoon said the central bank will fight inflation as long as it takes and the likelihood of a three-quarter-point cut fed hike as the fed meeting rises to more than 80% our next guest has stock picks for this changing investor pick, and mike with fbb capital partners mike, good to have you with us how do you handicap the likelihood of a three-quarter-point hike versus a half-point hike and how would it affect it differently than other. >> i would hate to say a foregone conclusion of a 75-basis point hike and that's consensus at this point, and if that were to happen in a couple of weeks and i woul

cnbc's courtney reagan has context around the royal family, and a royal watcher herself as we mourn the loss of queen elizabeth. >> shep, this is a historical day for all of us really around the world. if you think about queen elizabeth, she became queen in 1952 and was cor nated in 1953 and at that time it was much more of a surprise than what we were experienced now and her father was quite young and it wasn't quite known that he was ill at the time. she has met with 15 prime ministers starting with winston churchill which really just seems like a historical figure, but was someone that she knew personally and politically, which i just find fascinating. 13 presidents, i believe, meeting all, but lbj during that time, and of course, the queen came to the throne in a very interesting way. yes, her father had passed away and that was the way these things naturally pass, but he was only king because his brother had abdicated the throne in order to marry an american divorcee of course, since then, the rules have changed, but the queen stayed very, very close to the way things had always be

i'm tyler mathisen courtney reagan to my left here's what's ahead. tech stocks attempt to come back after yesterday's rout from mega cap to chips to the cloud, the stocks to buy on the pullback are the ones to be wary of and those that have more to fall and what's the difference between low volatility and momentum etfs? maybe not that much. you might be surprised by those funds' top holdings especially if you're looking to offset some of these big market swingds. and stocks are off their highs modest gains right now today's gains slowly, slowly

i'm tyler mathisen courtney reagan to my left here's what's ahead. tech stocks attempt to come back after yesterday's rout from mega cap to chips to the cloud, the stocks to buy on the pullback are the ones to be wary of and those that have more to fall and what's the difference between low volatility and momentum etfs? maybe not that much. you might be surprised by those funds' top holdings especially if you're looking to offset some of these big market swingds. and stocks are off their highs modest gains right now today's gains slowly, slowly evaporating. the dow up 172 at the high and right now as brian sort of foretold a few minutes ago, i heard him say tentatively that he wouldn't be surprised to see the dow in the red before the close today. and there you see it, down 69thu a fifth of a percent s&p flat, nasdaq up about a quarter of a percent "wall street journal" reported netflix expects its ad-supported service to reach 40 million viewers globally by the third quarter of next year and shares of verizon are lower midday after an executive said

courtney reagan is here to take us inside of the numbers. >> putting up another steady quarter. as you note, shares are down more than typical in response to the results. comparable sales grew 14% for this 16-week quarter up nearly 16% in just the united states if you exclude -- if you pull out that region e-commerce is up more than 7%. gas price inflation is responsible for about positive 3% of that total comp growth membership revenue grew 7.5% over last year and renewal rates hit all-time highs, more than 90% for worldwide renewal rates and higher in the u.s. and canada at 92.6% and on the call just now richard said there are no plans for a membership fee increase at this time. sam's club did just announce an increase gross margin excluding membership fees that was 10.2% operating margin 3.5%. both relatively in line with consensus and inventories of about 26%. some of that is likely inflation. going into the report, stifle jeffrey and bank of america among the firms with buyer ratings even with some of the higher evaluation, analysts point to the sustainability of the sales

courtney reagan has more on this shocking story this morning. >> the tragic news on september 2 does add to the company's turmoil. the board chair confirmed the cfo's death noting that the focus is on supporting the family and team and that their thoughts are with them during this difficult time. it leaves open another executive seat mark trenton resigned in june. large layoffs, store closures and financing to shore up liquidity. it expanded the credit line and $375 million first and last out facility with j.p. morgan and sixth street partners were final identified september 1st b volatility is high shares are down about 14% this morning. in august, investors filed a class action lawsuit accusing cohen and arnott of artificially inflating the stock price. they said they were evaluating the complaint and believes the claims are without merit and would not comment on litigation. quiver kwaunt show it is isthe most-mentioned name. they recommend holding tune bed bath and beyond shares or options >> we'll dkeep our eye on bed bath and beyond. >>> beijing is ramping up covid lockdowns. eu