
<!DOCTYPE HTML>
<html prefix="og: https://ogp.me/ns#" itemscope itemtype="https://schema.org/WebPage">
    <head>
        
        <title itemprop="name">Wall Street braces for the impact of Hurricane Harvey</title>
        
        <meta http-equiv="X-UA-Compatible" content="IE=edge" />
        
  <meta charset="utf-8"><meta property="AssetType" content="blogpost" /><meta property="pageNodeId" content="104673633" /><!-- premium asset !--><meta itemprop="description" name="description" content="The market will be closely watching Harvey, which continues to pummel Houston and other parts of Texas. Total rainfall could go as high as 50 inches." />
    
<meta itemprop="keywords" name="keywords" content="Market Insider, Donald Trump, Market Insider, Investment Strategy, US: News, Market Outlook, U.S. Markets, business news">
<meta property="og:type"  content="article" /><meta property="og:url" content="https://www.cnbc.com/2017/08/27/wall-street-braces-for-the-impact-of-hurricane-harvey.html" /><meta property="og:site_name" content="CNBC" /><meta property="og:image" itemprop="image" content="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/08/27/104675175-GettyImages-839689590.1910x1000.jpg" /><meta property="og:title" content="Wall Street braces for the impact of Hurricane Harvey" /><meta property="og:description" content="The market will be closely watching Harvey, which continues to pummel Houston and other parts of Texas. Total rainfall could go as high as 50 inches." /><meta name="twitter:card" content="summary_large_image" /><meta name="twitter:site" content="@CNBC" /><meta name="twitter:url" content="https://www.cnbc.com/2017/08/27/wall-street-braces-for-the-impact-of-hurricane-harvey.html" /> <meta name="twitter:creator" content="@pattidomm" /> <meta name="twitter:title" content="Wall Street braces for the impact of Hurricane Harvey" /><meta name="twitter:description" content="The market will be closely watching Harvey, which continues to pummel Houston and other parts of Texas. Total rainfall could go as high as 50 inches." /> <meta name="twitter:image" content="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/08/27/104675175-GettyImages-839689590.1910x1000.jpg" /><link rel="amphtml" href="//www.cnbc.com/amp/2017/08/27/wall-street-braces-for-the-impact-of-hurricane-harvey.html"><meta property="article:publisher" content="https://www.facebook.com/cnbc" /><meta property="article:published_time" content="2017-08-27T23:46:49-0400" /><meta property="article:modified_time" content="2017-08-28T08:08:13-0400" /><meta property="article:author" content="https://www.facebook.com/CNBC" /><meta name="author" content="Patti Domm" /><link href="https://plus.google.com/+CNBC" rel="author" /><meta property="article:section" content="Market Insider" /><meta property="article:tag" content="Donald Trump" /><meta property="article:tag" content="Market Insider" /><meta property="article:tag" content="Investment Strategy" /><meta property="article:tag" content="US: News" /><meta property="article:tag" content="Market Outlook" /><meta property="article:tag" content="U.S. Markets" /><meta name="news_keywords" content="stocks, market, hurricane harvey, oil, gas, Trump, jobs, tax cuts" /><meta http-equiv="pics-label" content="(pics-1.1 &quot;http://www.icra.org/ratingsv02.html&quot; l gen true for &quot;http://www.msnbc.msn.com&quot; r (nz 1vz 1lz 1oz 1cz 1) &quot;http://www.rsac.org/ratingsv01.html&quot; l gen true for &quot;http://www.msnbc.msn.com&quot; r (l 0n 0s 0v 0))" /><meta name="GOOGLEBOT" content="unavailable_after: 31 Dec 9999 23:59:59 GMT" /><!-- structured data !--><meta itemprop="dateCreated" content="2017-08-27T23:46:50-0400" /><meta itemprop="dateModified" content="2017-08-28T08:08:13-0400" /><meta itemprop="lastReviewed" content="2017-08-28T08:08:13-0400" /><meta itemprop="sourceOrganization" content="CNBC" /><meta itemprop="inLanguage" content="en-US" /><meta itemprop="specialty" content="stocks, market, hurricane harvey, oil, gas, Trump, jobs, tax cuts" /><meta itemprop="primaryImageOfPage" content="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/08/27/104675175-GettyImages-839689590.1910x1000.jpg" /><meta itemprop="isFamilyFriendly" content="true" /><meta itemprop="contentRating" content="NR" /><meta name="tp:PreferredRuntimes" content="universal" /><meta name="tp:PreferredFormats" content="M3U,MPEG4" /><meta name="tp:initialize" content="false" /><meta name="apple-itunes-app" content="app-id=398018310" app-argument="//www.cnbc.com/id/104673633"><meta property="al:ios:app_name" content="CNBC Business News and Finance"><meta property="al:ios:app_store_id" content="398018310"><script type="application/ld+json">{"@context": "https://schema.org","@type": "NewsArticle","description": "The market will be closely watching Harvey, which continues to pummel Houston and other parts of Texas. Total rainfall could go as high as 50 inches.","mainEntityOfPage": "https://www.cnbc.com/2017/08/27/wall-street-braces-for-the-impact-of-hurricane-harvey.html","headline": "Wall Street braces for the impact of Hurricane Harvey","dateCreated": "2017-08-27T23:46:50-0400","datePublished": "2017-08-27T23:46:50-0400","dateModified": "2017-08-28T08:08:13-0400","author": {"@type": "Person","name": "Patti Domm"},"creator": ["Patti Domm"],"publisher": {"@type": "Organization","name": "CNBC","logo": {"@type": "ImageObject","url": "https://sc.cnbcfm.com/applications/cnbc.com/staticcontent/img/cnbc-logo-amp.png","width": 360,"height": 60}},"image":{"@type": "ImageObject","url": "https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/08/27/104675175-GettyImages-839689590.720x405.jpg","width": 720,"height": 405},"thumbnailUrl": "https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/08/27/104675175-GettyImages-839689590.720x405.jpg","articleSection": "Markets","url": "https://www.cnbc.com/2017/08/27/wall-street-braces-for-the-impact-of-hurricane-harvey.html","keywords": ["Articles","Markets","U.S. Markets","Market Insider","Donald Trump","Investment Strategy","US: News","Market Outlook","source:tagname:CNBC US Source"]}</script><meta name='parsely-metadata' content='{"nodeid": "104673633","originalImage": "https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/08/27/104675175-GettyImages-839689590.jpg"}'>
					
			<meta itemprop="speakable" itemscope itemtype="http://schema.org/SpeakableSpecification" itemref="speakablemeta1 speakablemeta2 speakablemeta3">
		<meta id="speakablemeta1" itemprop="xpath" content="/html/head/title">
		<meta id="speakablemeta2" itemprop="xpath" content="/html/head/meta[@name='description']/@content">
	

         <!-- Including styles as the first thing on the page-->
        
              <link href="//www.cnbc.com/staticcontent/global.2.css?vn=520" rel="stylesheet">


	<script id="javascript-lazy-loader" data-loader-url="https://js.cnbcfm.com/minify/js" type="text/javascript" src="https://js.cnbcfm.com/minify/js?modules=partner_experience&vn=520"></script>




<!--[if lt IE 9]>
	<script type="text/javascript" src="//www.cnbc.com/staticcontent/html5support.js?vn=520"></script>
<![endif]-->
        
        
       <!-- Styles from Skin -->
                    							    		    			    				    				
					    						    						    							    							    							    							      				      			       		    				
					    						    						    							    								    							    							    							    							      				      			       		    				
					    						    						    							    								    							    							    							    							      				      			       		    				
					    						    						    							    								    							    							    							    							      				      			       		    				
					    						    						    							    								    							    							    							    							      				      			       		    				
					    						    						    							    								    							    							    							    							      				      			       		    				
					    						    						    							    								    							    							    							    							      				      			       		    				
					    						    						    							    								    							    							    							    							      				      			       		       		    		    			    				    				
					    						    						    							    								    							    							    							    							      				      			       		       		    									<link href="//www.cnbc.com/skinjoin?skins=2017%2F03%2F23%2Fcnbc-global.28_20_42_6.css?vn=1518129302|2016%2F04%2F05%2Fright-rail-source-hide_0.css?vn=1460493679|2016%2F05%2F11%2Fhide-feedback.css?vn=1463760405|2016%2F08%2F22%2Fcnbc_nav_skin_8.css?vn=1495142212|2016%2F12%2F30%2Fportfolios-nav-hide.css?vn=1483140728|2017%2F01%2F05%2Ftp_cursor_fix.css?vn=1483638002|2017%2F03%2F07%2Flisticle_fix.css?vn=1489599224|2017%2F07%2F13%2Fcreator-override-fix.css?vn=1499985483|2012%2F07%2F26%2Fmarket-insider.2.css?vn=1465919013&preview=" rel="stylesheet">
			
                <!-- End of Styles from skin -->
                
        <script type="text/javascript">
            var postLoadFunctions = {};
            var foresee_enabled = 1
            var dynamic_yield_enabled = 1
                    </script>
        
        
                <link itemprop="url" rel="canonical" href="https://www.cnbc.com/2017/08/27/wall-street-braces-for-the-impact-of-hurricane-harvey.html" />
        
        
                <!-- comScore Identifier: comscorekw=Markets -->
<script type="text/javascript">
	CNBC_Comscore = 'Markets';
</script>
        <!-- MPS insert_head -->
         	
	<script>
		var mpscall = {
						'site' : 'cnbc.com-relaunch'  ,  

					'content_id' : '104673633'  ,  

					'path' : '/id/104673633'  ,  

					'is_content' : '1'  ,  

					'is_sponsored' : '0'  ,  

					'adunits' : 'Top Banner|Badge A|Badge B|Badge C|Badge D|Flex Ad First|Box Ad 1|Non Iframe Custom|Inline Custom|Movable Box Ad|Responsive Rectangle'  ,  

					'keywords' : '~'  ,  

					'cat' : 'Markets|U.S. Markets|Market Insider'  ,  

					'cag[attribution_author]' : 'Patti Domm'  ,  

					'cag[attribution_source]' : 'CNBC US Source'  ,  

					'cag[related_primary]' : 'Donald Trump|Market Insider|Investment Strategy|US: News|Market Outlook|U.S. Markets'  ,  

					'cag[related_related]' : 'United States'  ,  

					'cag[configuration_franchise]' : 'Market Insider'  ,  

					'cag[type_creator]' : 'Patti Domm'  ,  

					'cag[type_source]' : 'CNBC US Source'  ,  

					'cag[type_person]' : 'Donald Trump'  ,  

					'cag[type_franchise]' : 'Market Insider|Investment Strategy|US: News|Market Outlook|U.S. Markets|Market Insider'  ,  

					'cag[type_place]' : 'United States'  ,  

					'cag[brand]' : 'none'  ,  

					'cag[template]' : 'story_simple'  ,  

					'cag[device]' : 'web'  ,  

					'hline' : 'Market Insider'  ,  

					'type' : 'blogpost'  ,  

					'template' : 'story_simple'  ,  

					'title' : 'Wall Street braces for the impact of Hurricane Harvey'  ,  

					'pubdate' : '1503892010'  ,  

					'stitle' : 'wallstweek domm 180825 ec'  ,  

					'byline' : 'Patti Domm'  ,  

					'subtype' : 'section'  ,  

					'id' : '104673633'  ,  

					'nid' : '104673633'  

		
		}, mpsopts = {
		  
		"host" : 'mps.cnbc.com',
		"updatecorrelator" : true

		};

		var mps = mps || {};
		mps._ext = mps._ext || {};
		mps._adsheld = [];
		mps._queue = mps._queue || {};
		mps._queue.mpsloaded = mps._queue.mpsloaded || [];
		mps._queue.mpsinit = mps._queue.mpsinit || [];
		mps._queue.gptloaded = mps._queue.gptloaded || [];
		mps._queue.adload = mps._queue.adload || [];
		mps._queue.adclone = mps._queue.adclone || [];
		mps._queue.adview = mps._queue.adview || [];
		mps._queue.refreshads = mps._queue.refreshads || [];
		mps.__timer = Date.now ? Date.now() : (function() { return +new Date })();
		mps.__intcode = "v2";
		if (typeof mps.getAd != "function") mps.getAd = function(adunit) {
		    if (typeof adunit != "string") return false;
		    var slotid = "mps-getad-" + adunit.replace(/\W/g, "");
		    if (!mps._ext || !mps._ext.loaded) {
		        mps._queue.gptloaded.push(function() {
		            typeof mps._gptfirst == "function" && mps._gptfirst(adunit, slotid);
		            mps.insertAd("#" + slotid, adunit)
		        });
		        mps._adsheld.push(adunit)
		    }
		    return '<div id="' + slotid + '" class="mps-wrapper" data-mps-fill-slot="' + adunit + '"></div>'
		};
		(function() {
		    head = document.head || document.getElementsByTagName("head")[0], mpsload = document.createElement("script");
		    mpsload.src = "//" + mpsopts.host + "/fetch/ext/load-" + mpscall.site + ".js?nowrite=2";
		    mpsload.id = "mps-load";
		    head.insertBefore(mpsload, head.firstChild)
		})();

	</script>
		
	




        <!-- end of MPS insert_head -->

        <!-- Global insert_head -->
        <!-- MPS Global Head Insert BEGIN -->
<meta name="referrer" content="unsafe-url">
<link rel='apple-touch-icon' href='//fm.cnbc.com/applications/cnbc.com/staticcontent/img/mobile/touch/cnbc-logo-sharing-57.jpg' /> <link rel='apple-touch-icon' sizes='72x72' href='//fm.cnbc.com/applications/cnbc.com/staticcontent/img/mobile/touch/cnbc-logo-sharing-72.jpg' /> <link rel='apple-touch-icon' sizes='114x114' href='//fm.cnbc.com/applications/cnbc.com/staticcontent/img/mobile/touch/cnbc-logo-sharing-114.jpg' />
<!-- MPS Global Head Insert END -->
        <!-- MPS ASYNC Application Component - Desktop Insert HEAD BEGIN -->
<script type="text/javascript">
window.NREUM||(NREUM={}),__nr_require=function(t,e,n){function r(n){if(!e[n]){var o=e[n]={exports:{}};t[n][0].call(o.exports,function(e){var o=t[n][1][e];return r(o||e)},o,o.exports)}return e[n].exports}if("function"==typeof __nr_require)return __nr_require;for(var o=0;o<n.length;o++)r(n[o]);return r}({1:[function(t,e,n){function r(t){try{c.console&&console.log(t)}catch(e){}}var o,i=t("ee"),a=t(19),c={};try{o=localStorage.getItem("__nr_flags").split(","),console&&"function"==typeof console.log&&(c.console=!0,o.indexOf("dev")!==-1&&(c.dev=!0),o.indexOf("nr_dev")!==-1&&(c.nrDev=!0))}catch(s){}c.nrDev&&i.on("internal-error",function(t){r(t.stack)}),c.dev&&i.on("fn-err",function(t,e,n){r(n.stack)}),c.dev&&(r("NR AGENT IN DEVELOPMENT MODE"),r("flags: "+a(c,function(t,e){return t}).join(", ")))},{}],2:[function(t,e,n){function r(t,e,n,r,o){try{d?d-=1:i("err",[o||new UncaughtException(t,e,n)])}catch(c){try{i("ierr",[c,s.now(),!0])}catch(u){}}return"function"==typeof f&&f.apply(this,a(arguments))}function UncaughtException(t,e,n){this.message=t||"Uncaught error with no additional information",this.sourceURL=e,this.line=n}function o(t){i("err",[t,s.now()])}var i=t("handle"),a=t(20),c=t("ee"),s=t("loader"),f=window.onerror,u=!1,d=0;s.features.err=!0,t(1),window.onerror=r;try{throw new Error}catch(p){"stack"in p&&(t(12),t(11),"addEventListener"in window&&t(6),s.xhrWrappable&&t(13),u=!0)}c.on("fn-start",function(t,e,n){u&&(d+=1)}),c.on("fn-err",function(t,e,n){u&&(this.thrown=!0,o(n))}),c.on("fn-end",function(){u&&!this.thrown&&d>0&&(d-=1)}),c.on("internal-error",function(t){i("ierr",[t,s.now(),!0])})},{}],3:[function(t,e,n){t("loader").features.ins=!0},{}],4:[function(t,e,n){function r(){C++,M=y.hash,this[u]=b.now()}function o(){C--,y.hash!==M&&i(0,!0);var t=b.now();this[l]=~~this[l]+t-this[u],this[d]=t}function i(t,e){E.emit("newURL",[""+y,e])}function a(t,e){t.on(e,function(){this[e]=b.now()})}var c="-start",s="-end",f="-body",u="fn"+c,d="fn"+s,p="cb"+c,h="cb"+s,l="jsTime",m="fetch",v="addEventListener",w=window,y=w.location,b=t("loader");if(w[v]&&b.xhrWrappable){var g=t(9),x=t(10),E=t(8),O=t(6),R=t(12),P=t(7),T=t(13),S=t("ee"),N=S.get("tracer");t(14),b.features.spa=!0;var M,j=w[v],C=0;S.on(u,r),S.on(p,r),S.on(d,o),S.on(h,o),S.buffer([u,d,"xhr-done","xhr-resolved"]),O.buffer([u]),R.buffer(["setTimeout"+s,"clearTimeout"+c,u]),T.buffer([u,"new-xhr","send-xhr"+c]),P.buffer([m+c,m+"-done",m+f+c,m+f+s]),E.buffer(["newURL"]),g.buffer([u]),x.buffer(["propagate",p,h,"executor-err","resolve"+c]),N.buffer([u,"no-"+u]),a(T,"send-xhr"+c),a(S,"xhr-resolved"),a(S,"xhr-done"),a(P,m+c),a(P,m+"-done"),E.on("pushState-end",i),E.on("replaceState-end",i),j("hashchange",i,!0),j("load",i,!0),j("popstate",function(){i(0,C>1)},!0)}},{}],5:[function(t,e,n){function r(t){}if(window.performance&&window.performance.timing&&window.performance.getEntriesByType){var o=t("ee"),i=t("handle"),a=t(12),c=t(11),s="learResourceTimings",f="addEventListener",u="resourcetimingbufferfull",d="bstResource",p="resource",h="-start",l="-end",m="fn"+h,v="fn"+l,w="bstTimer",y="pushState",b=t("loader");b.features.stn=!0,t(8);var g=NREUM.o.EV;o.on(m,function(t,e){var n=t[0];n instanceof g&&(this.bstStart=b.now())}),o.on(v,function(t,e){var n=t[0];n instanceof g&&i("bst",[n,e,this.bstStart,b.now()])}),a.on(m,function(t,e,n){this.bstStart=b.now(),this.bstType=n}),a.on(v,function(t,e){i(w,[e,this.bstStart,b.now(),this.bstType])}),c.on(m,function(){this.bstStart=b.now()}),c.on(v,function(t,e){i(w,[e,this.bstStart,b.now(),"requestAnimationFrame"])}),o.on(y+h,function(t){this.time=b.now(),this.startPath=location.pathname+location.hash}),o.on(y+l,function(t){i("bstHist",[location.pathname+location.hash,this.startPath,this.time])}),f in window.performance&&(window.performance["c"+s]?window.performance[f](u,function(t){i(d,[window.performance.getEntriesByType(p)]),window.performance["c"+s]()},!1):window.performance[f]("webkit"+u,function(t){i(d,[window.performance.getEntriesByType(p)]),window.performance["webkitC"+s]()},!1)),document[f]("scroll",r,{passive:!0}),document[f]("keypress",r,!1),document[f]("click",r,!1)}},{}],6:[function(t,e,n){function r(t){for(var e=t;e&&!e.hasOwnProperty(u);)e=Object.getPrototypeOf(e);e&&o(e)}function o(t){c.inPlace(t,[u,d],"-",i)}function i(t,e){return t[1]}var a=t("ee").get("events"),c=t(22)(a,!0),s=t("gos"),f=XMLHttpRequest,u="addEventListener",d="removeEventListener";e.exports=a,"getPrototypeOf"in Object?(r(document),r(window),r(f.prototype)):f.prototype.hasOwnProperty(u)&&(o(window),o(f.prototype)),a.on(u+"-start",function(t,e){var n=t[1],r=s(n,"nr@wrapped",function(){function t(){if("function"==typeof n.handleEvent)return n.handleEvent.apply(n,arguments)}var e={object:t,"function":n}[typeof n];return e?c(e,"fn-",null,e.name||"anonymous"):n});this.wrapped=t[1]=r}),a.on(d+"-start",function(t){t[1]=this.wrapped||t[1]})},{}],7:[function(t,e,n){function r(t,e,n){var r=t[e];"function"==typeof r&&(t[e]=function(){var t=r.apply(this,arguments);return o.emit(n+"start",arguments,t),t.then(function(e){return o.emit(n+"end",[null,e],t),e},function(e){throw o.emit(n+"end",[e],t),e})})}var o=t("ee").get("fetch"),i=t(19);e.exports=o;var a=window,c="fetch-",s=c+"body-",f=["arrayBuffer","blob","json","text","formData"],u=a.Request,d=a.Response,p=a.fetch,h="prototype";u&&d&&p&&(i(f,function(t,e){r(u[h],e,s),r(d[h],e,s)}),r(a,"fetch",c),o.on(c+"end",function(t,e){var n=this;e?e.clone().arrayBuffer().then(function(t){n.rxSize=t.byteLength,o.emit(c+"done",[null,e],n)}):o.emit(c+"done",[t],n)}))},{}],8:[function(t,e,n){var r=t("ee").get("history"),o=t(22)(r);e.exports=r,o.inPlace(window.history,["pushState","replaceState"],"-")},{}],9:[function(t,e,n){var r=t("ee").get("mutation"),o=t(22)(r),i=NREUM.o.MO;e.exports=r,i&&(window.MutationObserver=function(t){return this instanceof i?new i(o(t,"fn-")):i.apply(this,arguments)},MutationObserver.prototype=i.prototype)},{}],10:[function(t,e,n){function r(t){var e=a.context(),n=c(t,"executor-",e),r=new f(n);return a.context(r).getCtx=function(){return e},a.emit("new-promise",[r,e],e),r}function o(t,e){return e}var i=t(22),a=t("ee").get("promise"),c=i(a),s=t(19),f=NREUM.o.PR;e.exports=a,f&&(window.Promise=r,["all","race"].forEach(function(t){var e=f[t];f[t]=function(n){function r(t){return function(){a.emit("propagate",[null,!o],i),o=o||!t}}var o=!1;s(n,function(e,n){Promise.resolve(n).then(r("all"===t),r(!1))});var i=e.apply(f,arguments),c=f.resolve(i);return c}}),["resolve","reject"].forEach(function(t){var e=f[t];f[t]=function(t){var n=e.apply(f,arguments);return t!==n&&a.emit("propagate",[t,!0],n),n}}),f.prototype["catch"]=function(t){return this.then(null,t)},f.prototype=Object.create(f.prototype,{constructor:{value:r}}),s(Object.getOwnPropertyNames(f),function(t,e){try{r[e]=f[e]}catch(n){}}),a.on("executor-start",function(t){t[0]=c(t[0],"resolve-",this),t[1]=c(t[1],"resolve-",this)}),a.on("executor-err",function(t,e,n){t[1](n)}),c.inPlace(f.prototype,["then"],"then-",o),a.on("then-start",function(t,e){this.promise=e,t[0]=c(t[0],"cb-",this),t[1]=c(t[1],"cb-",this)}),a.on("then-end",function(t,e,n){this.nextPromise=n;var r=this.promise;a.emit("propagate",[r,!0],n)}),a.on("cb-end",function(t,e,n){a.emit("propagate",[n,!0],this.nextPromise)}),a.on("propagate",function(t,e,n){this.getCtx&&!e||(this.getCtx=function(){if(t instanceof Promise)var e=a.context(t);return e&&e.getCtx?e.getCtx():this})}),r.toString=function(){return""+f})},{}],11:[function(t,e,n){var r=t("ee").get("raf"),o=t(22)(r),i="equestAnimationFrame";e.exports=r,o.inPlace(window,["r"+i,"mozR"+i,"webkitR"+i,"msR"+i],"raf-"),r.on("raf-start",function(t){t[0]=o(t[0],"fn-")})},{}],12:[function(t,e,n){function r(t,e,n){t[0]=a(t[0],"fn-",null,n)}function o(t,e,n){this.method=n,this.timerDuration=isNaN(t[1])?0:+t[1],t[0]=a(t[0],"fn-",this,n)}var i=t("ee").get("timer"),a=t(22)(i),c="setTimeout",s="setInterval",f="clearTimeout",u="-start",d="-";e.exports=i,a.inPlace(window,[c,"setImmediate"],c+d),a.inPlace(window,[s],s+d),a.inPlace(window,[f,"clearImmediate"],f+d),i.on(s+u,r),i.on(c+u,o)},{}],13:[function(t,e,n){function r(t,e){d.inPlace(e,["onreadystatechange"],"fn-",c)}function o(){var t=this,e=u.context(t);t.readyState>3&&!e.resolved&&(e.resolved=!0,u.emit("xhr-resolved",[],t)),d.inPlace(t,y,"fn-",c)}function i(t){b.push(t),l&&(x?x.then(a):v?v(a):(E=-E,O.data=E))}function a(){for(var t=0;t<b.length;t++)r([],b[t]);b.length&&(b=[])}function c(t,e){return e}function s(t,e){for(var n in t)e[n]=t[n];return e}t(6);var f=t("ee"),u=f.get("xhr"),d=t(22)(u),p=NREUM.o,h=p.XHR,l=p.MO,m=p.PR,v=p.SI,w="readystatechange",y=["onload","onerror","onabort","onloadstart","onloadend","onprogress","ontimeout"],b=[];e.exports=u;var g=window.XMLHttpRequest=function(t){var e=new h(t);try{u.emit("new-xhr",[e],e),e.addEventListener(w,o,!1)}catch(n){try{u.emit("internal-error",[n])}catch(r){}}return e};if(s(h,g),g.prototype=h.prototype,d.inPlace(g.prototype,["open","send"],"-xhr-",c),u.on("send-xhr-start",function(t,e){r(t,e),i(e)}),u.on("open-xhr-start",r),l){var x=m&&m.resolve();if(!v&&!m){var E=1,O=document.createTextNode(E);new l(a).observe(O,{characterData:!0})}}else f.on("fn-end",function(t){t[0]&&t[0].type===w||a()})},{}],14:[function(t,e,n){function r(t){var e=this.params,n=this.metrics;if(!this.ended){this.ended=!0;for(var r=0;r<d;r++)t.removeEventListener(u[r],this.listener,!1);if(!e.aborted){if(n.duration=a.now()-this.startTime,4===t.readyState){e.status=t.status;var i=o(t,this.lastSize);if(i&&(n.rxSize=i),this.sameOrigin){var s=t.getResponseHeader("X-NewRelic-App-Data");s&&(e.cat=s.split(", ").pop())}}else e.status=0;n.cbTime=this.cbTime,f.emit("xhr-done",[t],t),c("xhr",[e,n,this.startTime])}}}function o(t,e){var n=t.responseType;if("json"===n&&null!==e)return e;var r="arraybuffer"===n||"blob"===n||"json"===n?t.response:t.responseText;return l(r)}function i(t,e){var n=s(e),r=t.params;r.host=n.hostname+":"+n.port,r.pathname=n.pathname,t.sameOrigin=n.sameOrigin}var a=t("loader");if(a.xhrWrappable){var c=t("handle"),s=t(15),f=t("ee"),u=["load","error","abort","timeout"],d=u.length,p=t("id"),h=t(18),l=t(17),m=window.XMLHttpRequest;a.features.xhr=!0,t(13),f.on("new-xhr",function(t){var e=this;e.totalCbs=0,e.called=0,e.cbTime=0,e.end=r,e.ended=!1,e.xhrGuids={},e.lastSize=null,h&&(h>34||h<10)||window.opera||t.addEventListener("progress",function(t){e.lastSize=t.loaded},!1)}),f.on("open-xhr-start",function(t){this.params={method:t[0]},i(this,t[1]),this.metrics={}}),f.on("open-xhr-end",function(t,e){"loader_config"in NREUM&&"xpid"in NREUM.loader_config&&this.sameOrigin&&e.setRequestHeader("X-NewRelic-ID",NREUM.loader_config.xpid)}),f.on("send-xhr-start",function(t,e){var n=this.metrics,r=t[0],o=this;if(n&&r){var i=l(r);i&&(n.txSize=i)}this.startTime=a.now(),this.listener=function(t){try{"abort"===t.type&&(o.params.aborted=!0),("load"!==t.type||o.called===o.totalCbs&&(o.onloadCalled||"function"!=typeof e.onload))&&o.end(e)}catch(n){try{f.emit("internal-error",[n])}catch(r){}}};for(var c=0;c<d;c++)e.addEventListener(u[c],this.listener,!1)}),f.on("xhr-cb-time",function(t,e,n){this.cbTime+=t,e?this.onloadCalled=!0:this.called+=1,this.called!==this.totalCbs||!this.onloadCalled&&"function"==typeof n.onload||this.end(n)}),f.on("xhr-load-added",function(t,e){var n=""+p(t)+!!e;this.xhrGuids&&!this.xhrGuids[n]&&(this.xhrGuids[n]=!0,this.totalCbs+=1)}),f.on("xhr-load-removed",function(t,e){var n=""+p(t)+!!e;this.xhrGuids&&this.xhrGuids[n]&&(delete this.xhrGuids[n],this.totalCbs-=1)}),f.on("addEventListener-end",function(t,e){e instanceof m&&"load"===t[0]&&f.emit("xhr-load-added",[t[1],t[2]],e)}),f.on("removeEventListener-end",function(t,e){e instanceof m&&"load"===t[0]&&f.emit("xhr-load-removed",[t[1],t[2]],e)}),f.on("fn-start",function(t,e,n){e instanceof m&&("onload"===n&&(this.onload=!0),("load"===(t[0]&&t[0].type)||this.onload)&&(this.xhrCbStart=a.now()))}),f.on("fn-end",function(t,e){this.xhrCbStart&&f.emit("xhr-cb-time",[a.now()-this.xhrCbStart,this.onload,e],e)})}},{}],15:[function(t,e,n){e.exports=function(t){var e=document.createElement("a"),n=window.location,r={};e.href=t,r.port=e.port;var o=e.href.split("://");!r.port&&o[1]&&(r.port=o[1].split("/")[0].split("@").pop().split(":")[1]),r.port&&"0"!==r.port||(r.port="https"===o[0]?"443":"80"),r.hostname=e.hostname||n.hostname,r.pathname=e.pathname,r.protocol=o[0],"/"!==r.pathname.charAt(0)&&(r.pathname="/"+r.pathname);var i=!e.protocol||":"===e.protocol||e.protocol===n.protocol,a=e.hostname===document.domain&&e.port===n.port;return r.sameOrigin=i&&(!e.hostname||a),r}},{}],16:[function(t,e,n){function r(){}function o(t,e,n){return function(){return i(t,[f.now()].concat(c(arguments)),e?null:this,n),e?void 0:this}}var i=t("handle"),a=t(19),c=t(20),s=t("ee").get("tracer"),f=t("loader"),u=NREUM;"undefined"==typeof window.newrelic&&(newrelic=u);var d=["setPageViewName","setCustomAttribute","setErrorHandler","finished","addToTrace","inlineHit","addRelease"],p="api-",h=p+"ixn-";a(d,function(t,e){u[e]=o(p+e,!0,"api")}),u.addPageAction=o(p+"addPageAction",!0),u.setCurrentRouteName=o(p+"routeName",!0),e.exports=newrelic,u.interaction=function(){return(new r).get()};var l=r.prototype={createTracer:function(t,e){var n={},r=this,o="function"==typeof e;return i(h+"tracer",[f.now(),t,n],r),function(){if(s.emit((o?"":"no-")+"fn-start",[f.now(),r,o],n),o)try{return e.apply(this,arguments)}finally{s.emit("fn-end",[f.now()],n)}}}};a("setName,setAttribute,save,ignore,onEnd,getContext,end,get".split(","),function(t,e){l[e]=o(h+e)}),newrelic.noticeError=function(t){"string"==typeof t&&(t=new Error(t)),i("err",[t,f.now()])}},{}],17:[function(t,e,n){e.exports=function(t){if("string"==typeof t&&t.length)return t.length;if("object"==typeof t){if("undefined"!=typeof ArrayBuffer&&t instanceof ArrayBuffer&&t.byteLength)return t.byteLength;if("undefined"!=typeof Blob&&t instanceof Blob&&t.size)return t.size;if(!("undefined"!=typeof FormData&&t instanceof FormData))try{return JSON.stringify(t).length}catch(e){return}}}},{}],18:[function(t,e,n){var r=0,o=navigator.userAgent.match(/Firefox[/s](d+.d+)/);o&&(r=+o[1]),e.exports=r},{}],19:[function(t,e,n){function r(t,e){var n=[],r="",i=0;for(r in t)o.call(t,r)&&(n[i]=e(r,t[r]),i+=1);return n}var o=Object.prototype.hasOwnProperty;e.exports=r},{}],20:[function(t,e,n){function r(t,e,n){e||(e=0),"undefined"==typeof n&&(n=t?t.length:0);for(var r=-1,o=n-e||0,i=Array(o<0?0:o);++r<o;)i[r]=t[e+r];return i}e.exports=r},{}],21:[function(t,e,n){e.exports={exists:"undefined"!=typeof window.performance&&window.performance.timing&&"undefined"!=typeof window.performance.timing.navigationStart}},{}],22:[function(t,e,n){function r(t){return!(t&&t instanceof Function&&t.apply&&!t[a])}var o=t("ee"),i=t(20),a="nr@original",c=Object.prototype.hasOwnProperty,s=!1;e.exports=function(t,e){function n(t,e,n,o){function nrWrapper(){var r,a,c,s;try{a=this,r=i(arguments),c="function"==typeof n?n(r,a):n||{}}catch(f){p([f,"",[r,a,o],c])}u(e+"start",[r,a,o],c);try{return s=t.apply(a,r)}catch(d){throw u(e+"err",[r,a,d],c),d}finally{u(e+"end",[r,a,s],c)}}return r(t)?t:(e||(e=""),nrWrapper[a]=t,d(t,nrWrapper),nrWrapper)}function f(t,e,o,i){o||(o="");var a,c,s,f="-"===o.charAt(0);for(s=0;s<e.length;s++)c=e[s],a=t[c],r(a)||(t[c]=n(a,f?c+o:o,i,c))}function u(n,r,o){if(!s||e){var i=s;s=!0;try{t.emit(n,r,o,e)}catch(a){p([a,n,r,o])}s=i}}function d(t,e){if(Object.defineProperty&&Object.keys)try{var n=Object.keys(t);return n.forEach(function(n){Object.defineProperty(e,n,{get:function(){return t[n]},set:function(e){return t[n]=e,e}})}),e}catch(r){p([r])}for(var o in t)c.call(t,o)&&(e[o]=t[o]);return e}function p(e){try{t.emit("internal-error",e)}catch(n){}}return t||(t=o),n.inPlace=f,n.flag=a,n}},{}],ee:[function(t,e,n){function r(){}function o(t){function e(t){return t&&t instanceof r?t:t?s(t,c,i):i()}function n(n,r,o,i){if(!p.aborted||i){t&&t(n,r,o);for(var a=e(o),c=l(n),s=c.length,f=0;f<s;f++)c[f].apply(a,r);var d=u[y[n]];return d&&d.push([b,n,r,a]),a}}function h(t,e){w[t]=l(t).concat(e)}function l(t){return w[t]||[]}function m(t){return d[t]=d[t]||o(n)}function v(t,e){f(t,function(t,n){e=e||"feature",y[n]=e,e in u||(u[e]=[])})}var w={},y={},b={on:h,emit:n,get:m,listeners:l,context:e,buffer:v,abort:a,aborted:!1};return b}function i(){return new r}function a(){(u.api||u.feature)&&(p.aborted=!0,u=p.backlog={})}var c="nr@context",s=t("gos"),f=t(19),u={},d={},p=e.exports=o();p.backlog=u},{}],gos:[function(t,e,n){function r(t,e,n){if(o.call(t,e))return t[e];var r=n();if(Object.defineProperty&&Object.keys)try{return Object.defineProperty(t,e,{value:r,writable:!0,enumerable:!1}),r}catch(i){}return t[e]=r,r}var o=Object.prototype.hasOwnProperty;e.exports=r},{}],handle:[function(t,e,n){function r(t,e,n,r){o.buffer([t],r),o.emit(t,e,n)}var o=t("ee").get("handle");e.exports=r,r.ee=o},{}],id:[function(t,e,n){function r(t){var e=typeof t;return!t||"object"!==e&&"function"!==e?-1:t===window?0:a(t,i,function(){return o++})}var o=1,i="nr@id",a=t("gos");e.exports=r},{}],loader:[function(t,e,n){function r(){if(!x++){var t=g.info=NREUM.info,e=p.getElementsByTagName("script")[0];if(setTimeout(u.abort,3e4),!(t&&t.licenseKey&&t.applicationID&&e))return u.abort();f(y,function(e,n){t[e]||(t[e]=n)}),s("mark",["onload",a()+g.offset],null,"api");var n=p.createElement("script");n.src="https://"+t.agent,e.parentNode.insertBefore(n,e)}}function o(){"complete"===p.readyState&&i()}function i(){s("mark",["domContent",a()+g.offset],null,"api")}function a(){return E.exists&&performance.now?Math.round(performance.now()):(c=Math.max((new Date).getTime(),c))-g.offset}var c=(new Date).getTime(),s=t("handle"),f=t(19),u=t("ee"),d=window,p=d.document,h="addEventListener",l="attachEvent",m=d.XMLHttpRequest,v=m&&m.prototype;NREUM.o={ST:setTimeout,SI:d.setImmediate,CT:clearTimeout,XHR:m,REQ:d.Request,EV:d.Event,PR:d.Promise,MO:d.MutationObserver};var w=""+location,y={beacon:"bam.nr-data.net",errorBeacon:"bam.nr-data.net",agent:"js-agent.newrelic.com/nr-spa-1039.min.js"},b=m&&v&&v[h]&&!/CriOS/.test(navigator.userAgent),g=e.exports={offset:c,now:a,origin:w,features:{},xhrWrappable:b};t(16),p[h]?(p[h]("DOMContentLoaded",i,!1),d[h]("load",r,!1)):(p[l]("onreadystatechange",o),d[l]("onload",r)),s("mark",["firstbyte",c],null,"api");var x=0,E=t(21)},{}]},{},["loader",2,14,5,3,4]);
;NREUM.info={beacon:"bam.nr-data.net",errorBeacon:"bam.nr-data.net",licenseKey:"356631dc7f",applicationID:"22258555",sa:1}
</script>
<script type="text/javascript">
var admantx_url =
document.addEventListener("DOMContentLoaded", function(event) {
  mps._queue.mpsloaded.push(function(){
    mps._log('**** LOADED: cnbc-cms-header-insert');
    if (window.mps) {
        if (window.CNBC_Premium && CNBC_Premium.isPremium && document.cookie.indexOf('ispro=true') == -1 && (mps.pagevars.type!="franchise")) {
          mps.nlformtypes = mps.nlformtypes || [];
          mps.nlformtypes.push('paywall');
        }

        //<!-- Omniture s_code path -->
        mps.scodePath="//fm.cnbc.com/applications/cnbc.com/staticcontent/scripts/omniture/s_code.js?v=1.6.4.1";
        //<!-- end: Omniture s_code path -->

        //<!-- Google PII Fix BEGIN -->
        mps._queue.mpsinit.push(function() {
          (function(){
            mps._urlContainsEmail = function() {
              var _qs = window.location.href;
              if (!_qs) {
                return false;
              }
              var _regex = /([^=&/<>()[].,;:s@"]+(.[^=&/<>()[].,;:s@"]+)*)@(([[0-9]{1,3}.[0-9]{1,3}.[0-9]{1,3}.[0-9]{1,3}])|(([a-zA-Z-0-9]+.)+[a-zA-Z]{2,}))/;
              return _regex.test(_qs);
            };
            if (mps._urlContainsEmail()) {
              mps._debug('[MPS]: email address detected in url, bypass gpt.');
              if (mps.response && mps.response.dart && typeof(mps.response.dart.adunits) === 'object') {
                if (typeof(window._mpspixZ) != 'string') {
                  window._mpspixZ = (function(a){var b="abcdefghiklmnopqrstuvwxyz".split("");a||(a=Math.floor(Math.random()*b.length));for(var c="",d=0;d<a;d++)c+=b[Math.floor(Math.random()*b.length)];return c})(12)
                }
                for (var i in mps.response.dart.adunits) {
                  var pixelurl = ((document.location.protocol === 'https') ? 'https' : 'http') + '://pix.nbcuni.com/a-pii.gif?X=piiblock&S=' + mps.pagevars.instance + '&P=' + mps.pagevars.mpsid + '&A=' + i + '&U=' + encodeURIComponent(window.location.href) + '&_=' + window._mpspixZ;
                  mps.response.dart.adunits[i].data = '<img id="div-gpt-x-0" class="mps-slot" data-mps-slot="x" data-mps-loadset="0" style="width:0;height:0;margin:0;padding:0;border:0;display:none;" src="' + pixelurl + '"/>';
                }
              }
              mps.cloneAd = function() { return false; }
              return true;
            } else {
              return false;
            }
          })();
        });
        //<!-- Google PII Fix END -->
   }
 });
});
</script>

<!-- Piano Ad Block Detection: BEGIN -->
<script>
    var setAdblockerCookie = function(adblocker) {
        var d = new Date();
        d.setTime(d.getTime() + 60 * 60 * 24 * 30 * 1000);
        document.cookie = "__adblocker=" + (adblocker ? "true" : "false") + "; expires=" + d.toUTCString() + "; path=/";
    }
    var script = document.createElement("script");
    script.setAttribute("async", true);
    script.setAttribute("src", "//www.npttech.com/advertising.js");
    script.setAttribute("onerror", "setAdblockerCookie(true);");
    script.setAttribute("onload", "setAdblockerCookie(false);");
    document.getElementsByTagName("head")[0].appendChild(script);
</script>
<!-- Piano Ad Block Detection: END -->
<!-- ADmantX Head Insert Begin -->
<script>
    var admantx_url = ('https:'==document.location.protocol?'https:':'http:')+'//usasync01.admantx.com/admantx/service?request=' + escape('{"decorator":"template.nbc_template","key":"62263fff3cc1d07f85c7f8261a0c8f7dc096b35f59c82a713f20a9db8d562ff2","method":"descriptor","filter":"default","mode":"async","type":"URL","body":"' + escape(document.location.href) + '"}');

    function admantx_callback(data) {
        if (top.__nbcudigitaladops_inject && top.__nbcudigitaladops_inject.dtprm) {
            if (data && data.admants) {
                if (data.status == "OK") {
                    for (var x = 0; x < data.admants.length; x++) {
                        var kv = 'adg=' + data.admants[x] + ';';
                        top.__nbcudigitaladops_inject.dtprm(kv)
                    }
                } else {
                    top.__nbcudigitaladops_inject.dtprm("asg=othererror;")
                }
            }
        }
    }
    (function() {
        var sct = document.createElement('script');
        sct.src = admantx_url;
        sct.type = 'text/javascript';
        sct.async = 'true';
        var domel = document.getElementsByTagName('script')[0];
        domel.parentNode.insertBefore(sct, domel);
    })();
</script>
<!-- ADmantX Head Insert End -->
<!-- Universal Player Compatibility for IE11 BEGIN -->
<script>
  if(typeof window.MediaSource !== 'function') {
    if(typeof document.getElementsByTagName('meta')['tp:PreferredRuntimes'] === 'object') {
        document.getElementsByTagName('meta')['tp:PreferredRuntimes'].setAttribute("content", "flash,html5");
    }
}
</script>
<!-- Universal Player Compatibility for IE11 END -->
<!-- MPS ASYNC Application Component - Desktop Insert HEAD END -->
        <!-- End Global insert_head -->
                
    <script  type="text/javascript" src= "//www.cnbc.com/staticContent/showads.js"></script>

    
    
    <!-- <script  type="text/javascript" src= "//www.cnbc.com/staticContent/showads.js"></script> -->
    </head>
    <body id="page_story_simple" class='web cnbc large  '>
         
         
        

        
<div class="dart_wrapper dart_ads_noniframe_noniframecustom  badge-ad" id="dart_wrapper_noniframecustom">
	<script>
	var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.gptloaded=mps._queue.gptloaded||[];
	mps._queue.gptloaded.push(function() {
	  (mps && mps.insertAd && mps.insertAd('#dart_wrapper_noniframecustom', 'noniframecustom'));	
	});
	</script> 
</div>
        <!-- begin mps section -->
        
        <!-- end mps section -->

        <!-- BEGIN FRAME -->
            
            <div id="cnbc-contents" class="cnbc-contents">
                
                                                        
                
                                                                                
                    
                                                                                                                
                    <!--BEGIN HEADER -->
<!--for different templates--><!--for different templates--><header id="cnbc-new-header" class=""><div class="main-header"><div class="header-content"><a href="//www.cnbc.com"><img id="cnbc-logo" src="//sc.cnbcfm.com/applications/cnbc.com/staticcontent/img/cnbc-hdr-logo2.png" width="189" height="49" title="CNBC" alt="CNBC" /></a><div class="symbol-search"><div class="input-container"><input placeholder="Search Quotes, News &amp; Video"><span class="lookup"><a class="btn-lookup" href="javascript:void(0)"><i class="fa fa-search fa-2"></i></a></span><span class="close-search"><a class="btn-lookup-close" href="javascript:void(0)"><i class="fa fa-times fa-2"></i></a></span></div><div class="lookup-results hide"><ul class="lookup-list"></ul></div></div><div class="ad">
<div class="dart_wrapper dart_ads_noniframe_badgea  badge-ad" id="dart_wrapper_badgea">
	<script>
	var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.gptloaded=mps._queue.gptloaded||[];
	mps._queue.gptloaded.push(function() {
	  (mps && mps.insertAd && mps.insertAd('#dart_wrapper_badgea', 'badgea'));	
	});
	</script> 
</div></div><div class="promo_heavy_container"><div id="promo_100009896_heavy_container" class="promo_heavy_container"></div></div></div></div><div class="main-header-nav"><div class="header-nav-content"><nav class="cnbc-menu">












<script type="text/javascript">window.cnbc = window.cnbc || {};window.cnbc.config = window.cnbc.config || {};window.cnbc.config.product = "web";window.cnbc.config.isWeekendMode = false;</script><a id="sm-logo" href="//www.cnbc.com"><img src="//sc.cnbcfm.com/applications/cnbc.com/staticcontent/img/cnbc-hdr-logo2.png" width="123"></a><ul id="nav"><li class="site-set"><a href="//www.cnbc.com/" class="nav-home" data-onclick="#"><span class="homeLabel">HOME</span><span class="icon arrow-down"><i class="fa fa-chevron-down fa-1"></i></span></a><ul class="home-geo-container"><li>EDITION</li></ul></li>	<li class="news"><a data-trkNavAttr="navigation:news:news:104673633" href="//www.cnbc.com/us-news/" class="expandable">News</a><ul>	<li ><a data-trkNavAttr="navigation:news:economy:104673633" href="//www.cnbc.com/economy/">Economy</a></li>
	<li ><a data-trkNavAttr="navigation:news:finance:104673633" href="//www.cnbc.com/finance/">Finance</a></li>
	<li ><a data-trkNavAttr="navigation:news:healthcare:104673633" href="//www.cnbc.com/health-care/">Health Care</a></li>
	<li ><a data-trkNavAttr="navigation:news:realestate:104673633" href="//www.cnbc.com/real-estate/">Real Estate</a></li>
	<li ><a data-trkNavAttr="navigation:news:wealth:104673633" href="//www.cnbc.com/wealth/">Wealth</a></li>
	<li ><a data-trkNavAttr="navigation:news:autos:104673633" href="//www.cnbc.com/autos/">Autos</a></li>
	<li ><a data-trkNavAttr="navigation:news:earnings:104673633" href="//www.cnbc.com/earnings/">Earnings</a></li>
	<li ><a data-trkNavAttr="navigation:news:energy:104673633" href="//www.cnbc.com/energy/">Energy</a></li>
	<li ><a data-trkNavAttr="navigation:news:news-life:104673633" href="//www.cnbc.com/life/">Life</a></li>
	<li ><a data-trkNavAttr="navigation:news:media:104673633" href="//www.cnbc.com/media/">Media</a></li>
	<li ><a data-trkNavAttr="navigation:news:politics:104673633" href="//www.cnbc.com/politics/">Politics</a></li>
	<li ><a data-trkNavAttr="navigation:news:retail:104673633" href="//www.cnbc.com/retail/">Retail</a></li>
	<li ><a data-trkNavAttr="navigation:news:commentary:104673633" href="//www.cnbc.com/commentary/">Commentary</a></li>
	<li ><a data-trkNavAttr="navigation:news:specialreports:104673633" href="//www.cnbc.com/special-reports/">Special Reports</a></li>
	<li ><a data-trkNavAttr="navigation:news:asia:104673633" href="//www.cnbc.com/asia-news/">Asia</a></li>
	<li ><a data-trkNavAttr="navigation:news:europe:104673633" href="//www.cnbc.com/europe-news/">Europe</a></li>
	<li ><a data-trkNavAttr="navigation:news:cfo-council:104673633" href="//www.cnbc.com/global-cfo-council/">CFO Council</a></li>
</ul></li>
	<li class="markets"><a data-trkNavAttr="navigation:markets:markets:104673633" href="//www.cnbc.com/markets/" class="expandable">Markets</a><ul>	<li ><a data-trkNavAttr="navigation:markets:premarkets:104673633" href="//www.cnbc.com/pre-markets/">Pre-Markets</a></li>
	<li ><a data-trkNavAttr="navigation:markets:us:104673633" href="//www.cnbc.com/us-markets/">U.S.</a></li>
	<li ><a data-trkNavAttr="navigation:markets:asia:104673633" href="//www.cnbc.com/markets-asia-pacific/">Asia</a></li>
	<li ><a data-trkNavAttr="navigation:markets:europe:104673633" href="//www.cnbc.com/markets-europe/">Europe</a></li>
	<li ><a data-trkNavAttr="navigation:markets:stocks:104673633" href="//www.cnbc.com/stocks/">Stocks</a></li>
	<li ><a data-trkNavAttr="navigation:markets:commodities:104673633" href="//www.cnbc.com/commodities/">Commodities</a></li>
	<li ><a data-trkNavAttr="navigation:markets:currencies:104673633" href="//www.cnbc.com/currencies/">Currencies</a></li>
	<li ><a data-trkNavAttr="navigation:markets:bonds:104673633" href="//www.cnbc.com/bonds/">Bonds</a></li>
	<li ><a data-trkNavAttr="navigation:markets:funds:104673633" href="//www.cnbc.com/mutual-funds/">Funds</a></li>
	<li ><a data-trkNavAttr="navigation:markets:etfs:104673633" href="//www.cnbc.com/exchange-traded-funds/">ETFs</a></li>
</ul></li>
	<li class="investing"><a data-trkNavAttr="navigation:investing:investing:104673633" href="//www.cnbc.com/investing/" class="expandable">Investing</a><ul>	<li ><a data-trkNavAttr="navigation:investing:tradingnation:104673633" href="//www.cnbc.com/trading-nation/">Trading Nation</a></li>
	<li ><a data-trkNavAttr="navigation:investing:tradingtalk:104673633" href="//www.cnbc.com/trader-talk/">Trader Talk</a></li>
	<li ><a data-trkNavAttr="navigation:investing:financialadvisors:104673633" href="//www.cnbc.com/financial-advisors/">Financial Advisors</a></li>
	<li ><a data-trkNavAttr="navigation:investing:personalfinance:104673633" href="//www.cnbc.com/personal-finance/">Personal Finance</a></li>
	<li ><a data-trkNavAttr="navigation:investing:etf-street:104673633" href="//www.cnbc.com/etf-street/">Etf Street</a></li>
	<li ><a data-trkNavAttr="navigation:investing:portfolio:104673633" href="http://portfolio.cnbc.com/">Portfolio</a></li>
	<li ><a data-trkNavAttr="navigation:investing:watchlist:104673633" href="//watchlist.cnbc.com/">Watchlist</a></li>
	<li ><a data-trkNavAttr="navigation:investing:stockscreener:104673633" href="//www.cnbc.com/id/15839076">Stock Screener</a></li>
	<li ><a data-trkNavAttr="navigation:investing:fundscreener:104673633" href="//www.cnbc.com/id/15839074">Fund Screener</a></li>
</ul></li>
	<li class="tech"><a data-trkNavAttr="navigation:tech:tech:104673633" href="//www.cnbc.com/technology/" class="expandable">Tech</a><ul>	<li ><a data-trkNavAttr="navigation:tech:mobile:104673633" href="//www.cnbc.com/mobile/">Mobile</a></li>
	<li ><a data-trkNavAttr="navigation:tech:socialmedia:104673633" href="//www.cnbc.com/social-media/">Social Media</a></li>
	<li ><a data-trkNavAttr="navigation:tech:enterprise:104673633" href="//www.cnbc.com/enterprise/">Enterprise</a></li>
	<li ><a data-trkNavAttr="navigation:tech:gaming:104673633" href="//www.cnbc.com/gaming/">Gaming</a></li>
	<li ><a data-trkNavAttr="navigation:tech:cybersecurity:104673633" href="//www.cnbc.com/cybersecurity/">Cybersecurity</a></li>
	<li ><a data-trkNavAttr="navigation:tech:tech-guide:104673633" href="//www.cnbc.com/tech-guide/">Tech Guide</a></li>
</ul></li>
	<li class="makeit"><a data-trkNavAttr="navigation:makeit:makeit:104673633" href="//www.cnbc.com/make-it/" class="expandable">Make It</a><ul>	<li ><a data-trkNavAttr="navigation:makeit:entrepreneurs:104673633" href="//www.cnbc.com/make-it/entrepreneurs/">Entrepreneurs</a></li>
	<li ><a data-trkNavAttr="navigation:makeit:leadership:104673633" href="//www.cnbc.com/make-it/leadership/">Leadership</a></li>
	<li ><a data-trkNavAttr="navigation:makeit:careers:104673633" href="//www.cnbc.com/make-it/careers/">Careers</a></li>
	<li ><a data-trkNavAttr="navigation:makeit:money:104673633" href="//www.cnbc.com/make-it/money/">Money</a></li>
	<li ><a data-trkNavAttr="navigation:makeit:specials:104673633" href="//www.cnbc.com/make-it/special-reports/">Specials</a></li>
	<li ><a data-trkNavAttr="navigation:makeit:primetime:104673633" href="//www.cnbc.com/make-it/shows/">Primetime</a></li>
</ul></li>
	<li class="video"><a data-trkNavAttr="navigation:video:video:104673633" href="//www.cnbc.com/video/" class="expandable">Video</a><ul>	<li ><a data-trkNavAttr="navigation:video:topvideo:104673633" href="//www.cnbc.com/top-video/">Top Video</a></li>
	<li ><a data-trkNavAttr="navigation:video:latestvideo:104673633" href="//www.cnbc.com/video-all/">Latest Video</a></li>
	<li ><a data-trkNavAttr="navigation:video:usvideo:104673633" href="//www.cnbc.com/us-video/">U.S. Video</a></li>
	<li ><a data-trkNavAttr="navigation:video:asiavideo:104673633" href="//www.cnbc.com/asia-video/">Asia Video</a></li>
	<li ><a data-trkNavAttr="navigation:video:europevideo:104673633" href="//www.cnbc.com/europe-video/">Europe Video</a></li>
	<li ><a data-trkNavAttr="navigation:video:ceointerviews:104673633" href="//www.cnbc.com/video-ceo-interviews/">CEO Interviews</a></li>
	<li ><a data-trkNavAttr="navigation:video:analystinterviews:104673633" href="//www.cnbc.com/video-analyst-interviews/">Analyst Interviews</a></li>
	<li ><a data-trkNavAttr="navigation:video:fullepisodes:104673633" href="http://www.cnbc.com/live-tv/">Full Episodes</a></li>
</ul></li>
	<li class="shows"><a data-trkNavAttr="navigation:shows:shows:104673633" href="//www.cnbc.com/tv-worldwide/" class="expandable">Shows</a><ul>	<li ><a data-trkNavAttr="navigation:shows:watchlive:104673633" href="http://www.cnbc.com/live-tv/">Watch Live</a></li>
	<li ><a data-trkNavAttr="navigation:shows:cnbcus:104673633" href="//www.cnbc.com/tv-worldwide/">CNBC U.S. Business Day</a></li>
	<li ><a data-trkNavAttr="navigation:shows:cnbcusprime:104673633" href="//www.cnbc.com/make-it/shows/">CNBC U.S. Primetime</a></li>
	<li ><a data-trkNavAttr="navigation:shows:cnbcasiapacific:104673633" href="//www.cnbc.com/asia-business-day/">CNBC Asia-Pacific</a></li>
	<li ><a data-trkNavAttr="navigation:shows:cnbceurope:104673633" href="//www.cnbc.com/europe-television/">CNBC Europe</a></li>
	<li ><a data-trkNavAttr="navigation:shows:cnbcworld:104673633" href="//www.cnbc.com/global-television-shows/">CNBC World</a></li>
	<li ><a data-trkNavAttr="navigation:shows:fullepisodes:104673633" href="http://www.cnbc.com/live-tv/">Full Episodes</a></li>
</ul></li>
<li class="more"><div id="hamburger" class="hamburger-menu"><span></span><span></span><span></span></div><a href="javascript:void(0)" class="singleton">More</a><div class="more-container"><div class="more-nav grid"><div class="grid-cell cell1"><div class="grid-col"><ul class="more-mobile-login more"><ul class="log-info unreg-user more"><li id="mobile-signin"><a href="//www.cnbc.com/application/generic/?action=signin">Log In</a></li><li class="pipe"><span>|</span></li><li id="mobile-signup" class="cnbcRegister"><a href="//www.cnbc.com/application/generic/?action=signup">Register</a></li></ul><ul class="log-info reg-user more hide"><li id="mobile-logout"><a href="javascript:void(0);">Log Out</a></li></ul></ul><ul class="more-news more"><li class="header"><a data-trkNavAttr="navigation:more:news:104673633" href="//www.cnbc.com/us-news/" class="expandable">News</a></li><li class="sub-nav-menu"><ul class="more">																	<li class="economy">
		<a href="//www.cnbc.com/economy/"  data-trkNavAttr="navigation:more:economy:104673633">
			Economy
					</a>
	</li>
																	<li class="finance">
		<a href="//www.cnbc.com/finance/"  data-trkNavAttr="navigation:more:finance:104673633">
			Finance
					</a>
	</li>
																	<li class="healthcare">
		<a href="//www.cnbc.com/health-care/"  data-trkNavAttr="navigation:more:healthcare:104673633">
			Health Care
					</a>
	</li>
																	<li class="realestate">
		<a href="//www.cnbc.com/real-estate/"  data-trkNavAttr="navigation:more:realestate:104673633">
			Real Estate
					</a>
	</li>
																	<li class="wealth">
		<a href="//www.cnbc.com/wealth/"  data-trkNavAttr="navigation:more:wealth:104673633">
			Wealth
					</a>
	</li>
																	<li class="autos">
		<a href="//www.cnbc.com/autos/"  data-trkNavAttr="navigation:more:autos:104673633">
			Autos
					</a>
	</li>
																	<li class="news-consumer">
		<a href="//www.cnbc.com/consumers/"  data-trkNavAttr="navigation:more:news-consumer:104673633">
			Consumer
					</a>
	</li>
																	<li class="earnings">
		<a href="//www.cnbc.com/earnings/"  data-trkNavAttr="navigation:more:earnings:104673633">
			Earnings
					</a>
	</li>
																	<li class="energy">
		<a href="//www.cnbc.com/energy/"  data-trkNavAttr="navigation:more:energy:104673633">
			Energy
					</a>
	</li>
																	<li class="news-life">
		<a href="//www.cnbc.com/life/"  data-trkNavAttr="navigation:more:news-life:104673633">
			Life
					</a>
	</li>
																	<li class="media">
		<a href="//www.cnbc.com/media/"  data-trkNavAttr="navigation:more:media:104673633">
			Media
					</a>
	</li>
																	<li class="politics">
		<a href="//www.cnbc.com/politics/"  data-trkNavAttr="navigation:more:politics:104673633">
			Politics
					</a>
	</li>
																	<li class="retail">
		<a href="//www.cnbc.com/retail/"  data-trkNavAttr="navigation:more:retail:104673633">
			Retail
					</a>
	</li>
																	<li class="commentary">
		<a href="//www.cnbc.com/commentary/"  data-trkNavAttr="navigation:more:commentary:104673633">
			Commentary
					</a>
	</li>
																	<li class="specialreports">
		<a href="//www.cnbc.com/special-reports/"  data-trkNavAttr="navigation:more:specialreports:104673633">
			Special Reports
					</a>
	</li>
																	<li class="asia">
		<a href="//www.cnbc.com/asia-news/"  data-trkNavAttr="navigation:more:asia:104673633">
			Asia
					</a>
	</li>
																	<li class="europe">
		<a href="//www.cnbc.com/europe-news/"  data-trkNavAttr="navigation:more:europe:104673633">
			Europe
					</a>
	</li>
																	<li class="cfo-council">
		<a href="//www.cnbc.com/global-cfo-council/"  data-trkNavAttr="navigation:more:cfo-council:104673633">
			CFO Council
					</a>
	</li>
</ul></li></ul></div><div class="grid-col"><ul class="more-pro more"><li class="header"><a data-trkNavAttr="navigation:more:pro:104673633" href="//www.cnbc.com/pro" class="expandable">Pro</a></li><li class="sub-nav-menu"><ul class="more">																	<li class="viewall">
		<a href="//www.cnbc.com/pro"  data-trkNavAttr="navigation:more:viewall:104673633">
			View All
					</a>
	</li>
																	<li class="pro_franchise">
		<a href="//www.cnbc.com/pro-story"  data-trkNavAttr="navigation:more:pro_franchise:104673633">
			News & Analysis
					</a>
	</li>
																	<li class="provideo">
		<a href="//www.cnbc.com/pro-video"  data-trkNavAttr="navigation:more:provideo:104673633">
			Video
					</a>
	</li>
																	<li class="protalks">
		<a href="//www.cnbc.com/protalks"  data-trkNavAttr="navigation:more:protalks:104673633">
			PRO Talks
					</a>
	</li>
																	<li class="prouncut">
		<a href="//www.cnbc.com/pro-uncut"  data-trkNavAttr="navigation:more:prouncut:104673633">
			PRO Uncut
					</a>
	</li>
																	<li class="kensho">
		<a href="//www.cnbc.com/kensho"  data-trkNavAttr="navigation:more:kensho:104673633">
			Kensho Stats
					</a>
	</li>
														<li class="take_tour">
		<a href="javascript:void(0)" id="pro-tour" >
			Take a Tour
					</a>
	</li>
																	<li class="subscribe2">
		<a href="//www.cnbc.com/application/pro"  data-trkNavAttr="navigation:more:subscribe2:104673633">
			Subscribe
					</a>
	</li>
</ul></li></ul><ul class="more-markets more"><li class="header"><a data-trkNavAttr="navigation:more:markets:104673633" href="//www.cnbc.com/markets/" class="expandable">Markets</a></li><li class="sub-nav-menu"><ul class="more">																	<li class="premarkets">
		<a href="//www.cnbc.com/pre-markets/"  data-trkNavAttr="navigation:more:premarkets:104673633">
			Pre-Markets
					</a>
	</li>
																	<li class="us">
		<a href="//www.cnbc.com/us-markets/"  data-trkNavAttr="navigation:more:us:104673633">
			U.S.
					</a>
	</li>
																	<li class="asia">
		<a href="//www.cnbc.com/markets-asia-pacific/"  data-trkNavAttr="navigation:more:asia:104673633">
			Asia
					</a>
	</li>
																	<li class="europe">
		<a href="//www.cnbc.com/markets-europe/"  data-trkNavAttr="navigation:more:europe:104673633">
			Europe
					</a>
	</li>
																	<li class="stocks">
		<a href="//www.cnbc.com/stocks/"  data-trkNavAttr="navigation:more:stocks:104673633">
			Stocks
					</a>
	</li>
																	<li class="commodities">
		<a href="//www.cnbc.com/commodities/"  data-trkNavAttr="navigation:more:commodities:104673633">
			Commodities
					</a>
	</li>
																	<li class="currencies">
		<a href="//www.cnbc.com/currencies/"  data-trkNavAttr="navigation:more:currencies:104673633">
			Currencies
					</a>
	</li>
																	<li class="bonds">
		<a href="//www.cnbc.com/bonds/"  data-trkNavAttr="navigation:more:bonds:104673633">
			Bonds
					</a>
	</li>
																	<li class="funds">
		<a href="//www.cnbc.com/mutual-funds/"  data-trkNavAttr="navigation:more:funds:104673633">
			Funds
					</a>
	</li>
																	<li class="etfs">
		<a href="//www.cnbc.com/exchange-traded-funds/"  data-trkNavAttr="navigation:more:etfs:104673633">
			ETFs
					</a>
	</li>
</ul></li></ul></div><div class="grid-col"><ul class="more-makeit more"><li class="header"><a data-trkNavAttr="navigation:more:makeit:104673633" href="//www.cnbc.com/make-it/" class="expandable">Make It</a></li><li class="sub-nav-menu"><ul class="more">																	<li class="entrepreneurs">
		<a href="//www.cnbc.com/make-it/entrepreneurs/"  data-trkNavAttr="navigation:more:entrepreneurs:104673633">
			Entrepreneurs
					</a>
	</li>
																	<li class="leadership">
		<a href="//www.cnbc.com/make-it/leadership/"  data-trkNavAttr="navigation:more:leadership:104673633">
			Leadership
					</a>
	</li>
																	<li class="careers">
		<a href="//www.cnbc.com/make-it/careers/"  data-trkNavAttr="navigation:more:careers:104673633">
			Careers
					</a>
	</li>
																	<li class="money">
		<a href="//www.cnbc.com/make-it/money/"  data-trkNavAttr="navigation:more:money:104673633">
			Money
					</a>
	</li>
																	<li class="specials">
		<a href="//www.cnbc.com/make-it/special-reports/"  data-trkNavAttr="navigation:more:specials:104673633">
			Specials
					</a>
	</li>
																	<li class="primetime">
		<a href="//www.cnbc.com/make-it/shows/"  data-trkNavAttr="navigation:more:primetime:104673633">
			Primetime
					</a>
	</li>
</ul></li></ul><ul class="more-investing more"><li class="header"><a data-trkNavAttr="navigation:more:investing:104673633" href="//www.cnbc.com/investing/" class="expandable">Investing</a></li><li class="sub-nav-menu"><ul class="more">																	<li class="tradingnation">
		<a href="//www.cnbc.com/trading-nation/"  data-trkNavAttr="navigation:more:tradingnation:104673633">
			Trading Nation
					</a>
	</li>
																	<li class="tradingtalk">
		<a href="//www.cnbc.com/trader-talk/"  data-trkNavAttr="navigation:more:tradingtalk:104673633">
			Trader Talk
					</a>
	</li>
																	<li class="financialadvisors">
		<a href="//www.cnbc.com/financial-advisors/"  data-trkNavAttr="navigation:more:financialadvisors:104673633">
			Financial Advisors
					</a>
	</li>
																	<li class="personalfinance">
		<a href="//www.cnbc.com/personal-finance/"  data-trkNavAttr="navigation:more:personalfinance:104673633">
			Personal Finance
					</a>
	</li>
																	<li class="etf-street">
		<a href="//www.cnbc.com/etf-street/"  data-trkNavAttr="navigation:more:etf-street:104673633">
			Etf Street
					</a>
	</li>
																	<li class="portfolio">
		<a href="http://portfolio.cnbc.com/"  data-trkNavAttr="navigation:more:portfolio:104673633">
			Portfolio
					</a>
	</li>
																	<li class="watchlist">
		<a href="//watchlist.cnbc.com/"  data-trkNavAttr="navigation:more:watchlist:104673633">
			Watchlist
					</a>
	</li>
																	<li class="stockscreener">
		<a href="//www.cnbc.com/id/15839076"  data-trkNavAttr="navigation:more:stockscreener:104673633">
			Stock Screener
					</a>
	</li>
																	<li class="fundscreener">
		<a href="//www.cnbc.com/id/15839074"  data-trkNavAttr="navigation:more:fundscreener:104673633">
			Fund Screener
					</a>
	</li>
</ul></li></ul></div></div><div class="grid-cell cell2"><div class="grid-col"><ul class="more-tech more"><li class="header"><a data-trkNavAttr="navigation:more:tech:104673633" href="//www.cnbc.com/technology/" class="expandable">Tech</a></li><li class="sub-nav-menu"><ul class="more">																	<li class="mobile">
		<a href="//www.cnbc.com/mobile/"  data-trkNavAttr="navigation:more:mobile:104673633">
			Mobile
					</a>
	</li>
																	<li class="socialmedia">
		<a href="//www.cnbc.com/social-media/"  data-trkNavAttr="navigation:more:socialmedia:104673633">
			Social Media
					</a>
	</li>
																	<li class="enterprise">
		<a href="//www.cnbc.com/enterprise/"  data-trkNavAttr="navigation:more:enterprise:104673633">
			Enterprise
					</a>
	</li>
																	<li class="gaming">
		<a href="//www.cnbc.com/gaming/"  data-trkNavAttr="navigation:more:gaming:104673633">
			Gaming
					</a>
	</li>
																	<li class="cybersecurity">
		<a href="//www.cnbc.com/cybersecurity/"  data-trkNavAttr="navigation:more:cybersecurity:104673633">
			Cybersecurity
					</a>
	</li>
																	<li class="tech-guide">
		<a href="//www.cnbc.com/tech-guide/"  data-trkNavAttr="navigation:more:tech-guide:104673633">
			Tech Guide
					</a>
	</li>
</ul></li></ul><ul class="more-video more"><li class="header"><a data-trkNavAttr="navigation:more:video:104673633" href="//www.cnbc.com/video/" class="expandable">Video</a></li><li class="sub-nav-menu"><ul class="more">																	<li class="topvideo">
		<a href="//www.cnbc.com/top-video/"  data-trkNavAttr="navigation:more:topvideo:104673633">
			Top Video
					</a>
	</li>
																	<li class="latestvideo">
		<a href="//www.cnbc.com/video-all/"  data-trkNavAttr="navigation:more:latestvideo:104673633">
			Latest Video
					</a>
	</li>
																	<li class="usvideo">
		<a href="//www.cnbc.com/us-video/"  data-trkNavAttr="navigation:more:usvideo:104673633">
			U.S. Video
					</a>
	</li>
																	<li class="asiavideo">
		<a href="//www.cnbc.com/asia-video/"  data-trkNavAttr="navigation:more:asiavideo:104673633">
			Asia Video
					</a>
	</li>
																	<li class="europevideo">
		<a href="//www.cnbc.com/europe-video/"  data-trkNavAttr="navigation:more:europevideo:104673633">
			Europe Video
					</a>
	</li>
																	<li class="ceointerviews">
		<a href="//www.cnbc.com/video-ceo-interviews/"  data-trkNavAttr="navigation:more:ceointerviews:104673633">
			CEO Interviews
					</a>
	</li>
																	<li class="analystinterviews">
		<a href="//www.cnbc.com/video-analyst-interviews/"  data-trkNavAttr="navigation:more:analystinterviews:104673633">
			Analyst Interviews
					</a>
	</li>
																	<li class="fullepisodes">
		<a href="http://www.cnbc.com/live-tv/"  data-trkNavAttr="navigation:more:fullepisodes:104673633">
			Full Episodes
					</a>
	</li>
</ul></li></ul></div><div class="grid-col"><ul class="more-shows more"><li class="header"><a data-trkNavAttr="navigation:more:shows:104673633" href="//www.cnbc.com/tv-worldwide/" class="expandable">Shows</a></li><li class="sub-nav-menu"><ul class="more">																	<li class="cnbcus">
		<a href="//www.cnbc.com/tv-worldwide/"  data-trkNavAttr="navigation:more:cnbcus:104673633">
			CNBC U.S. Business Day
					</a>
	</li>
																	<li class="cnbcusprime">
		<a href="//www.cnbc.com/make-it/shows/"  data-trkNavAttr="navigation:more:cnbcusprime:104673633">
			CNBC U.S. Primetime
					</a>
	</li>
																	<li class="cnbcasiapacific">
		<a href="//www.cnbc.com/asia-business-day/"  data-trkNavAttr="navigation:more:cnbcasiapacific:104673633">
			CNBC Asia-Pacific
					</a>
	</li>
																	<li class="cnbceurope">
		<a href="//www.cnbc.com/europe-television/"  data-trkNavAttr="navigation:more:cnbceurope:104673633">
			CNBC Europe
					</a>
	</li>
																	<li class="cnbcworld">
		<a href="//www.cnbc.com/global-television-shows/"  data-trkNavAttr="navigation:more:cnbcworld:104673633">
			CNBC World
					</a>
	</li>
</ul></li></ul><ul class="more-special-reports more"><li class="header"><a data-trkNavAttr="navigation:more:Special Reports:104673633" href="//www.cnbc.com/special-reports/" class="expandable">Special Reports</a></li><li class="sub-nav-menu"><ul class="more">																	<li class="global-investing-hot-spots">
		<a href="//www.cnbc.com/global-investing-hot-spots/"  data-trkNavAttr="navigation:more:Global Investing Hot Spots:104673633">
			Global Investing Hot Spots
					</a>
	</li>
																	<li class="modern-medicine">
		<a href="//www.cnbc.com/modern-medicine/"  data-trkNavAttr="navigation:more:Modern Medicine:104673633">
			Modern Medicine
					</a>
	</li>
																	<li class="investor-toolkit">
		<a href="//www.cnbc.com/investor-toolkit/"  data-trkNavAttr="navigation:more:Investor Toolkit:104673633">
			Investor Toolkit
					</a>
	</li>
																	<li class="advisor-insight">
		<a href="//www.cnbc.com/advisor-insight/"  data-trkNavAttr="navigation:more:Advisor Insight:104673633">
			Advisor Insight
					</a>
	</li>
																	<li class="healthy-returns">
		<a href="//www.cnbc.com/healthy-returns/"  data-trkNavAttr="navigation:more:Healthy Returns:104673633">
			Healthy Returns
					</a>
	</li>
																	<li class="your-money,-your-future">
		<a href="//www.cnbc.com/your-money-your-future/"  data-trkNavAttr="navigation:more:Your Money, Your Future:104673633">
			Your Money, Your Future
					</a>
	</li>
																	<li class="singapore-airshow">
		<a href="//www.cnbc.com/singapore-airshow-2018/"  data-trkNavAttr="navigation:more:Singapore Airshow:104673633">
			Singapore Airshow
					</a>
	</li>
																	<li class="along-the-belt-and-road">
		<a href="//www.cnbc.com/along-the-belt-and-road/"  data-trkNavAttr="navigation:more:Along the Belt and Road:104673633">
			Along the Belt and Road
					</a>
	</li>
																	<li class="trading-nation">
		<a href="//www.cnbc.com/trading-nation/"  data-trkNavAttr="navigation:more:Trading Nation:104673633">
			Trading Nation
					</a>
	</li>
</ul></li></ul></div><div class="grid-col"><ul class="more-original-series more"><li class="header"><span>Original Series</span></li><li class="sub-nav-menu"><ul class="more">																	<li class="executive-edge">
		<a href="//www.cnbc.com/executive-edge/"  data-trkNavAttr="navigation:more:Executive Edge:104673633">
			Executive Edge
					</a>
	</li>
																	<li class="trading-nation">
		<a href="//www.cnbc.com/trading-nation/"  data-trkNavAttr="navigation:more:Trading Nation:104673633">
			Trading Nation
					</a>
	</li>
																	<li class="futures-now">
		<a href="//www.cnbc.com/futures-now/"  data-trkNavAttr="navigation:more:Futures Now:104673633">
			Futures Now
					</a>
	</li>
																	<li class="retire-well">
		<a href="//www.cnbc.com/retirewell/"  data-trkNavAttr="navigation:more:Retire Well:104673633">
			Retire Well
					</a>
	</li>
																	<li class="the-pulse-@-1-market">
		<a href="//www.cnbc.com/the-pulse/"  data-trkNavAttr="navigation:more:The Pulse @ 1 Market:104673633">
			The Pulse @ 1 Market
					</a>
	</li>
																	<li class="the-bottom-line">
		<a href="//www.cnbc.com/the-bottom-line/"  data-trkNavAttr="navigation:more:The Bottom Line:104673633">
			The Bottom Line
					</a>
	</li>
</ul></li></ul><ul class="more-cnbc-events more"><li class="header"><span>CNBC Events</span></li><li class="sub-nav-menu"><ul class="more">																	<li class="healthy-returns social ">
		<a href="https://www.cnbc.com/2017/11/08/healthy-returns.html"  data-trkNavAttr="navigation:more:Healthy Returns:104673633">
			Healthy Returns
							<i class="webresource"></i>
					</a>
	</li>
																	<li class="davos">
		<a href="//www.cnbc.com/davos-world-economic-forum/"  data-trkNavAttr="navigation:more:Davos:104673633">
			Davos
					</a>
	</li>
																	<li class="delivering-alpha">
		<a href="//www.cnbc.com/delivering-alpha-ii/"  data-trkNavAttr="navigation:more:Delivering Alpha:104673633">
			Delivering Alpha
					</a>
	</li>
																	<li class="cambridge-cyber-summit">
		<a href="//www.cnbc.com/securing-our-future/"  data-trkNavAttr="navigation:more:Cambridge Cyber Summit:104673633">
			Cambridge Cyber Summit
					</a>
	</li>
																	<li class="emerge-americas">
		<a href="//www.cnbc.com/emerge-americas/"  data-trkNavAttr="navigation:more:eMerge Americas:104673633">
			eMerge Americas
					</a>
	</li>
																	<li class="iconic-tour">
		<a href="//www.cnbc.com/iconic-conference/"  data-trkNavAttr="navigation:more:iCONIC Tour:104673633">
			iCONIC Tour
					</a>
	</li>
																	<li class="net-net">
		<a href="//www.cnbc.com/netnet/"  data-trkNavAttr="navigation:more:Net Net:104673633">
			Net Net
					</a>
	</li>
																	<li class="sohn-conference">
		<a href="//www.cnbc.com/sohn/"  data-trkNavAttr="navigation:more:Sohn Conference:104673633">
			Sohn Conference
					</a>
	</li>
</ul></li></ul><ul class="more-follow-cnbc more"><li class="header"><span>Follow CNBC</span></li><li class="sub-nav-menu"><ul class="more">																	<li class=" social ">
		<a href="https://www.facebook.com/cnbc"  data-trkNavAttr="navigation:more::104673633">
			
							<i class="webresource    fa fa-facebook"></i>
					</a>
	</li>
																	<li class=" social ">
		<a href="https://twitter.com/cnbc"  data-trkNavAttr="navigation:more::104673633">
			
							<i class="webresource     fa fa-twitter"></i>
					</a>
	</li>
</ul></li></ul><ul class="more-internationalization more"><li class="site-set sub-nav-menu"><ul class=" more home-geo-container"><li class="header">EDITION</li></ul></li></ul><ul class="more-go-up more"><li class="go-up sub-nav-menu"><a href="javascript:void(0)"><i class="fa fa-chevron-circle-up fa-3"></i></a></li></ul></div></div></div></div></li></ul>
<div id="featured-menu-container"><div id="login-container"><ul class="log-info" id="unreg-user"><li class="iconContainer login expandable"><a href="javascript:void(0)" class="singleton"><i class="fa fa-user fa-2"></i></a><ul><li class="cnbcRegister"><a href="javascript:void(0);">Register</a></li><li><a id="signin" href="javascript:void(0);">Log In</a></li></ul></li></ul><ul id="reg-user" class="log-info hide"><li class="iconContainer login expandable"><a href="javascript:void(0)" class="singleton"><i class="fa fa-user fa-2"></i></a><ul class='registered'><li><a href="//www.cnbc.com/account#profile">Profile</a></li><li><a href="//www.cnbc.com/account#newsletter">Email Preferences</a></li><li class="link-pro-user"><a href="//www.cnbc.com/account#pro">PRO</a></li><li><a id="signout" href="javascript:void(0);">Sign Out</a></li></ul></li></ul></div><ul class="log-info"><li class="pro"><a data-trkNavAttr="navigation:pro:pro:104673633" href="//www.cnbc.com/pro" data-onclick="#" class="expandable">Pro</a><ul><li class="viewall"><a data-trkNavAttr="navigation:pro:viewall:104673633" href="/pro">View All</a></li><li class="pro_franchise"><a data-trkNavAttr="navigation:pro:pro_franchise:104673633" href="/pro-story">News & Analysis</a></li><li class="provideo"><a data-trkNavAttr="navigation:pro:provideo:104673633" href="/pro-video">Video</a></li><li class="protalks"><a data-trkNavAttr="navigation:pro:protalks:104673633" href="/protalks">PRO Talks</a></li><li class="prouncut"><a data-trkNavAttr="navigation:pro:prouncut:104673633" href="/pro-uncut">PRO Uncut</a></li><li class="kensho"><a data-trkNavAttr="navigation:pro:kensho:104673633" href="/kensho">Kensho Stats</a></li><li class="take_tour"><a href='javascript:void(0)' id="pro-tour">Take a Tour</a></li><li class="subscribe2"><a data-trkNavAttr="navigation:pro:subscribe2:104673633" href="/application/pro">Subscribe</a></li></ul></li><li class="livetv"><a data-trkNavAttr="navigation:livetv:livetv:104673633" href="javascript:void(0)" data-onclick="#" class="expandable">LIVE TV</a><ul><li class="watch-cnbc-tv"><a data-trkNavAttr="navigation:livetv:watch-cnbc-tv:104673633" href="http://www.cnbc.com/live-tv/">Watch CNBC TV</a></li><li class="watch-cnbc-pro"><a data-trkNavAttr="navigation:livetv:watch-cnbc-pro:104673633" href="//www.cnbc.com/application/pro">Watch CNBC Pro</a></li></ul></li><li class="watchlist"><a data-trkNavAttr="navigation:watchlist:watchlist:104673633" href="//watchlist.cnbc.com/"  class="singleton">Watchlist</a></li></ul></div><div id="quickLinks">	<a class="button" id="markets"  data-trkNavAttr="navigation:top:markets:104673633"  href="//www.cnbc.com/markets/"><i class="fa fa-markets"></i></a>
	<a class="button" id="video"  data-trkNavAttr="navigation:top:video:104673633"  href="//www.cnbc.com/video/"><i class="fa fa-video"></i></a>
	<a class="button" id="quotesearch"  href="javascript:void(0),"><i class="fa fa-quotesearch"></i></a>
</div></nav></div></div><!--might not need this for make it--><div id="toPopup"><div class="close"><a class="btn_header">X</a></div><div id="popup_content"></div><!--your content end--></div><!--toPopup end--><div id="backgroundPopup"></div><!--might not need this for make it--></header>
<!-- END HEADER -->

                
                

                
                    

                


                


                
                                                    	<div id='cnbc-alert-container-breaking-news' class="news-alert breaking-news hide" >
	<div class="content">
		<div class="news-alert-container">
							<div class="news-alert-title">
					<h2 class="headline">
						<a class="alert-banner" id="breaking-news-link">
							<span class="alert-title"></span>
							<span class='alert-headline'></span>
						</a>
					</h2>
				</div>
					<div class="alert-close-button" id="breaking-news-close-button">&times</div>
				<div style="clear:both;"></div>
					</div>
	</div>
</div>

                                	<div id='cnbc-alert-container-pro-alert' class="news-alert pro-alert hide"  style="display: none;" >
	<div class="content">
		<div class="news-alert-container">
							<div class="news-alert-title">
					<h2 class="headline">
						<a class="alert-banner" id="pro-alert-link">
							<span class="alert-title"></span>
							<span class='alert-headline'></span>
						</a>
					</h2>
				</div>
					<div class="alert-close-button" id="pro-alert-close-button">&times</div>
				<div style="clear:both;"></div>
					</div>
	</div>
</div>

                                	<div id='cnbc-alert-container-watch-live' class="news-alert watch-live hide"  style="display: none;" >
	<div class="content">
		<div class="news-alert-container">
							<div class="news-alert-title">
					<h2 class="headline">
						<a class="alert-banner" id="watch-live-link">
							<span class="alert-title"></span>
							<span class='alert-headline'></span>
						</a>
					</h2>
				</div>
					<div class="alert-close-button" id="watch-live-close-button">&times</div>
				<div style="clear:both;"></div>
					</div>
	</div>
</div>

                                	<div id='cnbc-alert-container-watch-live-international' class="news-alert watch-live-international hide"  style="display: none;" >
	<div class="content">
		<div class="news-alert-container">
							<div class="news-alert-title">
					<h2 class="headline">
						<a class="alert-banner" id="watch-live-international-link">
							<span class="alert-title"></span>
							<span class='alert-headline'></span>
						</a>
					</h2>
				</div>
					<div class="alert-close-button" id="watch-live-international-close-button">&times</div>
				<div style="clear:both;"></div>
					</div>
	</div>
</div>

                                    

                
                

                
                
                

                <div class="cnbc-body " itemscope itemtype="https://schema.org/NewsArticle">
                                                                                <!-- MPS iframe:ad -->
                    
  <!-- MPS iframe:ad -->
  
<div class="dart_wrapper dart_ads_noniframe_topbanner  badge-ad" id="dart_wrapper_topbanner">
	<script>
	var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.gptloaded=mps._queue.gptloaded||[];
	mps._queue.gptloaded.push(function() {
	  (mps && mps.insertAd && mps.insertAd('#dart_wrapper_topbanner', 'topbanner'));	
	});
	</script> 
</div>
  
  <!-- end of MPS iframe ad -->

                    
                    <!-- end of MPS iframe ad -->
                    
    
      
		<h2 class="cnbc-clearfix pagehead weekend" id="page_header">
		 <div id="franchise-header-badge">
		
<div class="dart_wrapper dart_ads_noniframe_badgec  badge-ad" id="dart_wrapper_badgec">
	<script>
	var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.gptloaded=mps._queue.gptloaded||[];
	mps._queue.gptloaded.push(function() {
	  (mps && mps.insertAd && mps.insertAd('#dart_wrapper_badgec', 'badgec'));	
	});
	</script> 
</div>
	 </div>
									<a class="header_title last breadcrumb" href="/market-insider/">Market Insider</a>
		
					    	</h2>

  
    <div class="story-top"><div  class="story-header-left twoCol"><h1 class="title" itemprop="name" >Wall Street braces for the impact of Hurricane Harvey</h1><div id="article_deck" class="content"> 
	
	



																
																	
			
							<div class="group-container last">
						
			
			
			

			
						
			
														<div class="group" >
																		<ul> <li>The storm known as Harvey hit Houston and parts of Texas this weekend, and the markets are watching to see how much damage the storm has left in its path.</li> <li>Total rainfall could go as high as 50 inches in some parts.</li> <li>The storm is expected to have a serious impact on the oil and gas industries — and drive prices higher.</li> </ul>
																										    																</div>
					</div>
	</div>
	<div class="source" itemprop="author" itemscope itemtype="https://schema.org/Person">
																																							
					    			    		
	    									<a itemprop="url" rel="author" href="/patti-domm/">Patti Domm</a>													| <span class="twitter-url"><a href="//twitter.com/pattidomm">@pattidomm</a></span>
																
					
							 
			</div>

	
	<time class="datestamp"  itemprop="datePublished" datetime="2017-08-27T23:46:50-0400">	  
		Published 11:46  PM ET Sun, 27 Aug 2017
	</time>
			<time class="datestamp last-pub-date"  itemprop="dateModified" datetime="2017-08-28T08:08:13-0400">
			Updated   8:08  AM ET Mon, 28 Aug 2017
		</time>
	<span class="sourcelogo" id="sourcelogo-cnbccom" itemprop="sourceOrganization">CNBC.com</span></div><div class="story-header-right">
	<div>
		<div id="social_bar_top" class="gigyasharebar"></div>
		
			
	</div>
</div></div>
  
    
    <section class="cols2">
	    <div class="unit col1">
        
              

  
  
<article>
	<div class="story">
        		<div id="article_body" class="content">            

                                             
	




																
																	
			
							<div class="group-container ">
						
																							
			
			

			
																		

									
													
<div class="embed-container image" itemscope itemtype="https://schema.org/ImageObject">
			    	<img src="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/08/27/104675175-GettyImages-839689590.530x298.jpg?v=1503841309" alt="Flooding and a damaged home are seen after Hurricane Harvey hit Rockport, Texas, Saturday, Aug. 26, 2017." data-enlarged-image="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/08/27/104675175-GettyImages-839689590.1910x1000.jpg?v=1503841309" width='530' height='298'/>
    			<meta itemprop="image" content="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/08/27/104675175-GettyImages-839689590.jpg?v=1503841309" /><meta itemprop="width" content="width='530'" /><meta itemprop="height" content="height='298'" /><meta itemprop="datePublished" content="2017-08-27T09:41:49-0400" /><meta itemprop="dateCreated" content="2017-08-27T09:40:00-0400" /><meta itemprop="dateModified" content="2017-08-27T09:41:49-0400" /><meta itemprop="uploadDate" content="2017-08-27T09:40:00-0400" /><meta itemprop="expires" content="2099-12-31" /> <!-- TODO: defaulting to 2099 until we get the expiry date from toolbelt --><meta itemprop="encodingFormat" content="jpg" /><meta itemprop="author" content="Alex Scott | Bloomberg | Getty Images" /><meta itemprop="publisher" content="CNBC" /> <meta itemprop="caption" content="Flooding and a damaged home are seen after Hurricane Harvey hit Rockport, Texas, Saturday, Aug. 26, 2017." /> 
					<div class="attribution">Alex Scott | Bloomberg | Getty Images</div>
							<div class="caption">Flooding and a damaged home are seen after Hurricane Harvey hit Rockport, Texas, Saturday, Aug. 26, 2017.</div>
			</div>
	

									
			
			
														<div class="group" itemprop="articleBody">
																		<p>Wall Street was set to focus on tax reform and the monthly jobs report this week, but the storm known as Harvey created such destruction and devastation over the weekend that it will dominate the focus of the market — and all of America — as the week begins.</p>
															
																													
					
			<meta id="speakablemeta3" itemprop="cssSelector" content="#article_body > div > div.group > p:first-child">
	
												    														<p>Harvey, a hurricane that was later downgraded to a tropical storm, <a href="/2017/08/27/harvey-claims-second-fatality-as-floodwaters-rise-in-texas.html">ravaged Houston and other parts of Texas</a> over the weekend, with more than 30 inches of rain falling in some parts in just 48 hours.</p>
															
																										    														<p>The destruction was reminiscent of Hurricane Katrina, which hit Louisiana in 2005. The National Weather Service described the storm as "beyond anything experienced."</p>
															
																						<div id="inline_movable_ad"></div>
																			    														<p>Five deaths were thought to be storm-related and an estimated 3,000 people had to be rescued from floodwaters. Many families attempted to flee the area but that task was made infinitely more challenging as most major roadways are flooded and deemed impassible.</p>
															
																										    														<p>The rain is expected to last until later this week, with some forecasts suggesting some areas could see a record-breaking 50 inches before it's all over.</p>
															
																										    														<p>The hurricane hit in the heart of oil and gas country and the impact is expected to affect production as many employees evacuate and <a href="/2017/08/27/hurricane-harvey-refineries-shutting-down.html">refineries close</a>. It is also expected to drive both oil and gasoline prices higher. Many refineries escaped serious physical damage from storm winds but the real concern is that many of these facilities have never seen floodwaters this severe. And, it's unknown when personnel will be able to return.</p>
															
																										    														<p>The Gulf Coast between Texas and Alabama is home to refineries that account for 46 percent of U.S. refining capacity. Refineries are concentrated in a number of locations, including Corpus Christi, Houston and Port Arthur in Texas and Lake Charles in Louisiana. That span of coastline accounts for 32 percent of U.S. refining capacity.</p>
															
																										    														<p>President <a href="/donald-trump/">Donald Trump</a> is expected to visit Texas on Tuesday.</p>
															
																										    																</div>
					</div>
																	
																	
			
							<div class="group-container ">
												<h4 class="subtitle">Tax reform push</h4>
										
			
			
			

			
						
			
														<div class="group" itemprop="articleBody">
																		<p>Trump was expected to begin pushing a tax reform plan later this week. Top White House economic advisor <a href="/2017/08/25/trump-to-begin-big-tax-reform-push-next-week.html">Gary Cohn says a framework for a plan</a> has been worked out over the summer, and it will now be up to a House of Representatives committee to fill in the details over the next couple of weeks.</p>
															
																										    														<p>Tax reform has been the <a href="/2017/08/25/art-cashin-market-frustration-will-build-soon-if-trump-cant-push-tax-reform.html">stock market's favorite policy</a> proposal from the Trump administration.</p>
															
																										    														<p>A tax cut can spur spending by individuals and corporations. That stimulates the economy and helps companies show more profits, a plus for stock prices. While there's a long road ahead before any proposal can become law, the fact that Cohn announced some details of the tax plan was a positive for the market and <a href="/2017/08/25/us-stocks-central-bank-jackson-tax-reform.html">sparked a rally in stocks Friday</a>.</p>
															
																										    														<p>The <a href="/2017/08/22/market-shouldnt-get-too-excited-about-tax-reform--yet.html">market has been giving low odds</a> to tax reform for fear it could become the next political football, over which Congress will not be able to agree — similar to health-care legislation which failed to win approval over the summer.</p>
															
																										    																</div>
					</div>
																	
																	
			
							<div class="group-container ">
												<h4 class="subtitle">Looking for a raise</h4>
										
			
			
			

			
						
			
														<div class="group" itemprop="articleBody">
																		<p>The economy looks to be picking up some steam. Goldman Sachs on Friday said third-quarter <a href="/id/44505017">GDP</a> is now tracking at 3 percent, but the economy is still missing one big factor — inflation. The lack of inflation prevents companies from raising prices, which increases profits, and from paying better raises to workers.</p>
															
																										    														<p>That is why the market will be watching the August employment report Friday with an eye on how much wages are rising. That number is not expected to be much for August, just a 0.2 percent increase after July's 0.3 percent gain — or about 2.5 percent annually.</p>
															
																										    														<p>The <a href="/id/43752521">Federal Reserve</a>, which oversees monetary policy, bases its decision to raise interest rates on the strength of the job market and inflation. The pace of inflation will determine whether the Fed will be able to raise interest rates again this year. For now, economists still expect another quarter-point increase in December.</p>
															
																										    														<p>As for job growth, it is expected to remain solid and economists project 184,000 jobs were added in August, down slightly from 209,000 in July. The unemployment rate is expected to remain at a low 4.3 percent.</p>
															
																										    														<p>Besides Friday's jobs report, there are also consumer confidence and June S&amp;P/Case-Shiller home price data on Tuesday. On Wednesday, there is ADP's private sector employment report and a revised look at second-quarter GDP growth, expected at 2.7 percent. There is also personal income and spending Thursday, which includes a key indicator that the Fed uses to gauge inflation.</p>
															
																										    																</div>
					</div>
																	
																	
			
							<div class="group-container last">
												<h4 class="subtitle">The end of summer</h4>
										
			
			
			

			
						
			
														<div class="group" itemprop="articleBody">
																		<p>The Labor Day weekend is everyone's unofficial end of summer, but it really is the official end of summer doldrums for Wall Street. Before the three-day weekend, trading should still be very quiet, and many will leave their desks within minutes of Friday's 8:30 a.m. ET jobs report.</p>
															
																										    														<p>"That would cause a brief spurt of activity, but it's the beginning of a long weekend and people will be closing up shop early," said Ward McCarthy, chief financial economist at Jefferies.</p>
															
																										    																</div>
					</div>
	
            		</div>

         
        
        
		        

        <div id="taboola_article_you_may_like">
        <script>
    var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.mpsinit=mps._queue.mpsinit||[]; 
    mps._queue.mpsinit.push(function() { 
      mps.insertComponent('#taboola_article_you_may_like', 'taboola-article-you-may-like') 
    }); 
</script>
        </div>
    </div>
</article>




        <div class="social-reporter"><div class="reporter"><a href="/patti-domm/"><img src="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2011/12/22/100000009-Untitled-3.60x60.jpg?v=1400521942" alt="Patti Domm" title="Patti Domm" width="60" height="60"/></a><div class="reporter-info"><span class="name"><a href="/patti-domm/">Patti Domm</a></span><span class="title">CNBC Markets Editor</span></div><div class="article-social-small"><a href="//twitter.com/pattidomm"><span class="social-twitter"></span></a><a href="//linkedin.com/patti-domm/4/488/922"><span class="social-linkedin"></span></a></div></div></div>
  
   

  
          <div><div id="social-tools-panel"></div></div>
      

  
              

  
          <div id="mps_article_insert_footer">
        <script>
    var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.mpsinit=mps._queue.mpsinit||[]; 
    mps._queue.mpsinit.push(function() { 
      mps.insertComponent('#mps_article_insert_footer', 'article-insert-footer') 
    }); 
</script>
      </div>
      

  
  
    		<div class="adcom_wrapper" id="ad-com-content-one">
		 <script>
    var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.mpsinit=mps._queue.mpsinit||[]; 
    mps._queue.mpsinit.push(function() { 
      mps.insertComponent('#ad-com-content-one', 'ad.com-content-one') 
    }); 
</script>
	</div>

  

  


  
          
		


	


      


      
  
		


	


  
  

  
				
					

  
  
  
  
</div>
	    <div class="unit col2">
			

    			

	


	
	<div class="sbc_wrapper" id="sbc-rightrail">
    <script>
    var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.mpsinit=mps._queue.mpsinit||[]; 
    mps._queue.mpsinit.push(function() { 
      mps.insertComponent('#sbc-rightrail', 'sbc-rightrail') 
    }); 
</script>
</div>
			
<div class="dart_wrapper dart_ads_noniframe_topflex  badge-ad" id="dart_wrapper_topflex">
	<script>
	var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.gptloaded=mps._queue.gptloaded||[];
	mps._queue.gptloaded.push(function() {
	  (mps && mps.insertAd && mps.insertAd('#dart_wrapper_topflex', 'topflex'));	
	});
	</script> 
</div>
				<div class="adcom_wrapper" id="ad-com-rightrail-top">
		 <script>
    var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.mpsinit=mps._queue.mpsinit||[]; 
    mps._queue.mpsinit.push(function() { 
      mps.insertComponent('#ad-com-rightrail-top', 'ad.com-rightrail-top') 
    }); 
</script>
	</div>

	
			<div id="prtnr_mod_stories"></div>
		<div id="prtnr_mod_money"></div>
			
			<div id="article-insert-sidebar">
		<script>
    var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.mpsinit=mps._queue.mpsinit||[]; 
    mps._queue.mpsinit.push(function() { 
      mps.insertComponent('#article-insert-sidebar', 'article-insert-sidebar') 
    }); 
</script>
		</div>
	

 

 


	

 	

 

 

 

 


	<!-- empty container to move promo medium here for xfinity experience page -->
	<div id="promo_medium_section_bottom"></div>


 


								
            
        	    	    	    	    		    		
    		
    			
                    			                <div class="widget">
					<div id="chartbeatWidget_102535788" class="chartbeat_data_module"></div>
	


	</div>
                    
    
			


			<div class="adcom_wrapper" id="ad-com-rightrail-bottom">
		 <script>
    var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.mpsinit=mps._queue.mpsinit||[]; 
    mps._queue.mpsinit.push(function() { 
      mps.insertComponent('#ad-com-rightrail-bottom', 'ad.com-rightrail-bottom') 
    }); 
</script>
	</div>

			<div id="movable_box_ad_target"></div>
	
	</div>
    </section>
    
    


                                        
                    
                                    </div>

                

                
                
                    

    
        						
        
                                    
        
        
        
                
        
                
        
        
		


                
                
                 
                
                    

                
                
					                                                                          <!-- BEGIN Footer -->
<footer class="cnbc-new-footer-res"><div class="sec-footer-wrapper" id="cnbc-footer-responsive" data-fragmentLazyLoad="true"><div class="sec-footer-container"><div class="sec-footer-links"><ul><li><div id="oba-link-container" style="display:inline;"></div></li></ul></div></div></div></footer>
<!-- END FOOTER -->

                
                
            </div>

            
                <div id="movable_box_ad_container" class="hide">
                    
<div class="dart_wrapper dart_ads_noniframe_movablebox  badge-ad" id="dart_wrapper_movablebox">
	<script>
	var mps=mps||{}; mps._queue=mps._queue||{}; mps._queue.gptloaded=mps._queue.gptloaded||[];
	mps._queue.gptloaded.push(function() {
	  (mps && mps.insertAd && mps.insertAd('#dart_wrapper_movablebox', 'movablebox'));	
	});
	</script> 
</div>
                </div>
            

        <!-- END FRAME -->
        
<script id="twitter-wjs" type="text/javascript" async defer src="//platform.twitter.com/widgets.js"></script>
        <script type="text/javascript">
            CNBC_Settings = {
    baseurls : {"register_base":"https://register.cnbc.com","login_base":"https://login.cnbc.com","show_schedule_service_base":"http://compass.cnbc.com/compass/xml/nextshow","cnbc_prod_urls":"pub.app20.cnbc.com|pub.app21.cnbc.com|pub.app22.cnbc.com|pub.app23.cnbc.com|pub.app24.cnbc.com|pub.app25.cnbc.com|pub.app26.cnbc.com|pub.app27.cnbc.com|pub.app28.cnbc.com","syndication_base":"http://syndication.cnbc.com/","bb_rhythmvideo_url_base":"rtsp://cnbc.rtsp.rnmd.net:554/adservice/","rhythm_siteid":"cnbc_web","optional_optin":"101","surf_base":"https://surf.nbcuni.com","pub_base_protocol_agnostic":"//www.cnbc.com","upLynk_service_base_url":"//vapi.cnbc.com/videoservice/getstream.do?partnerId=14","upLynk_default_live_channel":"UPLYNK-US","video_token_timestamp":"60","twitter_platform_base":"//platform.twitter.com","vapi_partner_service_base_url":"//vapi.cnbc.com/videoservice/getstream.do?partnerId=20071","php_vapi_service_base_url":"/services/phvapi?channel=","cnbc_base_secure":"https://www.cnbc.com","sc_base_protocol_agnostic":"//sc.cnbcfm.com","quoteservicebase":"//quote.cnbc.com/quote-html-webservice/quote.htm","chartbase":"//api-chart.cnbc.com/api/chart/chart.asp","cnbc_base":"//www.cnbc.com","static_content_base":"//sc.cnbcfm.com","ticker_base":"//ticker.cnbc.com","comments_base":"//comments.cnbc.com/comments","watchlist_base":"//watchlist.cnbc.com","detail_quote_base":"//www.cnbc.com/quotes/","symlookup_base":"//symlookup.cnbc.com","searchbase":"//search.cnbc.com/rs/search/view.html","itv_quote_url":"//quote.cnbc.com/quote-html-webservice/quote.htm?requestMethod=itv&exthrs=1&noform=1&fund=1&output=jsonp&&extendedMask=1&partnerId=2&symbols=","advanced_symlookup_URL":"//www.cnbc.com/id/15837272?q=","baseFeed":"//feed.theplatform.com/f/gZWlPC/CNBC_prod_global","poll_base":"https://www-aws.cnbc.com/services/polls","detailedquotebasenative":"//data.cnbc.com/quotes/","cnbcvideo_url_base":"//www.cnbc.com/video/","detailed_quote_base_http_only":"https://data.cnbc.com/quotes/","cnbcvideo_url_base_http_only":"https://www.cnbc.com/video/","cnbc_base_http_only":"https://www.cnbc.com","premium_video_feed":"//www.cnbc.com/id/46/services/premium/video/data?token=","wsod_api_base_url":"https://api-chart.cnbc.com","pro_base":"//www.cnbc.com/application/pro","detailedquotebase":"//www.cnbc.com/quotes/?symbol=","cnbc_base_host":"cnbc.com","theplatform_pdk_base":"//pdk.theplatform.com/5.7.15/pdk/tpPdk.js","amp_video_origin":"amp-video.cnbc.com","nid":100997851},
	wl360CoreServicesBaseUrl: 'https://wl.cnbc.com/wl/api/',
	wl360ResourceBundleUrl: 'https://register.cnbc.com/svc/api/message',
	wl360ResourceBundleAppKey: 'common_messages',
	wl360ServiceTimeout: 9000,
	wl360QuoteApiUrl: 'https://quote.cnbc.com/quote-html-webservice/',
	wl360EnableAddToWatchlist: '1',
	wl360PartnerId: 14,
	surf_key : 'cnbc',
	mobileQuotePageRefreshInterval: '900',
	mobileQuoteBlurRefreshInterval: '0',
	regionConfig: {"USA":{"edition":"USA","nid":"100746233","link":"/","name":"U.S. Edition", "msgName":"U.S.","mobileMsgName":"U.S.","mobileAlternate":"WORLD", "menuName":"U.S."},"WORLD":{"edition":"WORLD","nid":"100746255","link":"/id/100746255","name":"INTL Edition","msgName":"new international","mobileMsgName":"International","mobileAlternate":"USA", "menuName":"INTL"}},
	searchPartnerId: '2000',	
	chartbeat_service : '102527204',
	chartbeat_service_data : '',
	chartbeat_refresh_interval : '300',
	webQuotePageRefreshInterval: '600',
	webQuoteBlurRefreshInterval: '60',
	surf_on : 'on',
	templateName: 'story_simple',
	isNative: '',
	productName: 'web'
		,dockPlayer: '1'
			,video_gallery_config: {"double_tray_first_tray":"0","double_tray_all_trays":"0","sliding_tab":"1","is_universal_player":"1","full_episodes_links":"[{ 'fastmoney': { 'icon': 'icon-fast-money' ,'url': 'http://www.cnbc.com/live-tv/fast-money'},'madmoney': { 'icon': 'icon-mad-money' ,'url': 'http://www.cnbc.com/live-tv/mad-money'},'americangreed': { 'icon': 'icon-prime' ,'url': 'http://www.cnbc.com/live-tv/american-greed'},'cnbcoriginals': { 'icon': 'icon-prime'  ,'url': 'http://www.cnbc.com/live-tv/cnbc-originals'}, 'consumedtherealrestaurantbusiness': { 'icon': 'icon-prime'  ,'url': 'http://www.cnbc.com/live-tv/consumed-the-real-restaurant-business'}, 'restaurantstartup': { 'icon': 'icon-prime'  ,'url': 'http://www.cnbc.com/live-tv/restaurant-startup'}, 'secretlivesofthesuperrich': { 'icon': 'icon-prime'  ,'url': 'http://www.cnbc.com/live-tv/secret-lives-of-the-super-rich'}, 'sharktank': { 'icon': 'icon-prime'  ,'url': 'http://www.cnbc.com/live-tv/shark-tank'}, 'theprofit': { 'icon': 'icon-prime'  ,'url': 'http://www.cnbc.com/live-tv/the-profit'}}]","watch_live_tv":"http://www.cnbc.com/live-tv"}
			,pageNodeId: 104673633  // this property added for consistancy with Desktop, `nodeId` is depricated and must be retired
			,nodeType: 'blogpost'
						,franchise : {
		  id: '20409666',
		  title: 'Market Insider'
		}
				,homepageTrackingConfig:{header:true, footer:true, lead:true, secondaryLead:true, view:true, topicTown:true, dontMiss:true, marketData:true, madMoney:true, futuresNow:true, mostPopular:true, currencies:true, market:true, tradingNation:true}
				,is_universal_live_player: 1
				,brand: "cnbc"
		,jsVersion: "520"
};
                    </script>

        
																																																																																																																																															<script type="text/javascript">
	CNBC_Settings.tags = ["Donald Trump","Market Insider","Investment Strategy","US: News","Market Outlook","U.S. Markets"];
</script>



                          <script type="text/javascript" src="https://surf.nbcuni.com/rdk/surf.js.php" data-rdk-url="/rdk/" data-config-key="cnbc"></script>
                
        <script type="text/javascript">
                        
                








            
            	        	                	                
																			
			
	

	        
            

            
            
            
	

            	
					
			

	        	            
	        
			

			
		
            
		
            
                                                
                            
			
            
            /* JSInits */

            
                    
    

            

						

            			     		

                          
            
                window.cnbc = window.cnbc || {};
window.cnbc.pageModules = (window.cnbc.pageModules || []).concat([
	    {
	moduleId : 'xfinityExperienceSurf',
	initOn : 'load'
}
    ,	    {
	  'moduleId' : 'socialBar',
	  'initOn' : 'load',
	  'initData' : {
	  	templateName : 'story_simple',
	  	gigya_api_key : '2_Jx5rsFp18pauXYlKGzHQVpbahcR1iJ30bbyfqZsn69A6vbt3dQ7gYFCESWKMM1sP',
			socialBarTitle : 'Wall Street braces for the impact of Hurricane Harvey',
			containerID: 'social-tools-panel',
			pos : 'bottom',
		}
	}
    ,	    {
	moduleId : 'scrollPanel',
	initOn : 'load',
	initData : {
 		container: 'social-tools-panel' // element that will contain tabs. value can be a string (must be an element's ID), a DOM element or jQuery object -- Required
 		,transTime:50
		,respectiveContainer: true
		,hideIndex: true
	}
}
    ,	    {
	  'moduleId' : 'socialBar',
	  'initOn' : 'load',
	  'initData' : {
	  	templateName : 'story_simple',
	  	gigya_api_key : '2_Jx5rsFp18pauXYlKGzHQVpbahcR1iJ30bbyfqZsn69A6vbt3dQ7gYFCESWKMM1sP',
			socialBarTitle : 'Wall Street braces for the impact of Hurricane Harvey',
			containerID: 'social_bar_top',
			pos : 'top',
		}
	}
    ,	    {
	moduleId : 'tableSorter',
	initOn : 'view',
	moduleDomSelector : 'table.csvData, article table.quoteTable'
}
    ,	    {
		moduleId : 'Polls',
		initOn : 'load'
	}
    ,	    {
	moduleId : 'TaboolaRecirculationModule',
	
		initOn : 'load',
	
	initData : {
		
			taboola_url : '//cdn.taboola.com/libtrc/cnbc/loader.js'
		
		,taboolaParam: ''
	}
}
    ,	    {
	moduleId : 'TwitterPlatform',
	
		initOn : 'view',
		moduleDomSelector : '.twitter-timeline, .twitter-tweet'
	
}
    ,	    {
		moduleId : 'chartbeatMostPopular',
		initOn : 'view',
		moduleDomSelector : '#chartbeatWidget_102535788',
		initData : {
			refreshInterval : 300,
			chartbeatUrl : '//www.cnbc.com/id/102535788/services/mostpopular',
			containerId: 'chartbeatWidget_102535788'	,
			templateName: 'story_simple'		
		}
	}
    ,	    {
      moduleId : 'englargedImage',
      initOn : 'load',
      initData : {
      }
    }
    ,	    {
			moduleId : 'tinypassConfig',
			initOn : 'load',
			initData : {
				    "config": {       "aid": "o19WonOrHQ",       "rid": "PRO",       "endpoint": "https://buy.tinypass.com/api/v3",       "trackPages": true,       "debug" : false,       "signUpPage": "/pro-login-page"    },
       			"product": "web",
       			"templateName": "story_simple",
       			"containerSelector": "articlePayload",
       			"contentSection": "Market Insider",
       			"contentAuthor": "Patti Domm",
       			"contentCreated": "2017-08-27T23:46:50-0400"
				}
		}
    ,	    {
	moduleId : 'signin',
	initOn : 'load',
	initData : {
		source : 'default',
		flow : 'header'
	}
}
    ,	    {
        
            moduleId : 'internationalization',
        
        
            initOn : 'load',
           
        initData : {
            config    : {"USA":{"edition":"USA","nid":"100746233","link":"/","name":"U.S. Edition", "msgName":"U.S.","mobileMsgName":"U.S.","mobileAlternate":"WORLD", "menuName":"U.S."},"WORLD":{"edition":"WORLD","nid":"100746255","link":"/id/100746255","name":"INTL Edition","msgName":"new international","mobileMsgName":"International","mobileAlternate":"USA", "menuName":"INTL"}}
            
        }
    }
    ,	    {
	  moduleId : 'symbolLookup',
	  initOn : 'focus mouseover',
	  moduleDomSelector : '.symbol-search input'
	}
    ,	    {
		moduleId : 'navigation',
		initOn : 'load'
	}
    ,	    {
	moduleId : 'footerdefault',
	initOn : 'view',
	moduleDomSelector : '#cnbc-footer-responsive'
}
    ,	    {
			moduleId : 'quoteStreaming',
			initOn : 'load',
			initData : {
				showInlineQuotes : false,
				showTableChart : true,
				showFutureChart : false,
				showTickerChart : false,
				showTickerNG : false,
				showTableChartNG : false,
				chartApiUrl : '//api-chart.cnbc.com/api/chart/chart.asp',
				quoteService : '//quote.cnbc.com/quote-html-webservice/quote.htm',
				quoteServiceParams : 'requestMethod=quick&exthrs=1&noform=1&fund=1&output=jsonp&symbols=',
				partnerId : 2,
				quoteUrl : '//quote.cnbc.com/quote-html-webservice/quote.htm' + '?partnerId=' + 2 + '&' + 'requestMethod=quick&exthrs=1&noform=1&fund=1&output=jsonp&symbols=',
				futureQuoteUrl : '//quote.cnbc.com/quote-html-webservice/fvquote.htm',
				futureQuoteParams : 'requestMethod=quick&noform=1&realtime=0&client=fairValue&output=jsonp&symbols=',
				futureUrl :  '//quote.cnbc.com/quote-html-webservice/fvquote.htm' + '?' + 'requestMethod=quick&noform=1&realtime=0&client=fairValue&output=jsonp&symbols=',
				settings : {
					streaming : true,
					streamingInterval : 10000
				}
			}
		}
    ,	    {
	moduleId : 'tabletFriendlyTouch',
	initOn : 'load'
}
    ,	    {
	  'moduleId' : 'lazyLoadFunctions',
      'initOn' : 'load'
	}
    ,	    {
                	moduleId : 'alerts',
                	initOn : 'load',
                	initData : {
                		alertInterval : 30,
						playerurl : '/watch-live-universal?forceStreamAkamai=true&premium=1&popout=true&autoplay=true&',
                        isMobile : false
					}
                }
    ,	    {
				moduleId : 'proAccountNotification',
				initOn : 'load'
			}
    ,	    {
    	moduleId : 'persistentSiteHeader',
    	initOn : 'load',
    	initData : {
    		product : 'web',
    		products : {
    			web : 'web',
    			mobile : 'mobile-touch'
    		}
    	}
    }
    ,	    {
	moduleId : 'lazyloadFragment',
	initOn : 'load'	
}
    ,	    {
	moduleId : 'lazyImageLoader',
	initOn : 'load'
}
    	]);
            

            </script>
        
		  <script id="javascript-lazy-loader" data-loader-url="https://js.cnbcfm.com/minify/js" type="text/javascript" src="https://js.cnbcfm.com/minify/js?modules=core&vn=520"></script>
		

        <!--  Scripts from the skin -->
                    							    		    			    				    				
					    						    					      			       		    				
					    						    					      			       		    				
					    						    					      			       		    				
					    						    					      			       		    				
					    						    					      			       		    				
					    						    					      			       		    				
					    						    					      			       		    				
					    						    					      			       		       		    		    			    				    				
					    						    					      			       		       		    				
                <!-- End of Scripts from the skin -->

        <!-- Global insert_cmsfooter -->
        <!-- MPS Global Footer Insert BEGIN -->
<!-- Start BounceX Tag -->
        <script>
        (function(d) {
            var e = d.createElement('script');
            e.src = d.location.protocol + '//bounceexchange.com/tag/1021/i.js';
            e.async = true;
            d.getElementsByTagName("head")[0].appendChild(e);
        }(document));
        </script>
<!-- End BounceX Tag -->

<!-- Quantcast Tag -->
<script type="text/javascript">
$(document).ready(function(){
  mps._queue.mpsloaded.push(function(){
    mps._log('**** LOADED: Quantcast - cnbc-global-footer-insert');
    if (window.mps) {
        var _qevents = _qevents || [];

        function nbcQuantcast() {
        var lb = "CNBC";
        lb+=(typeof mps.pagevars.cats[1] =="string" && mps.pagevars.cats[1].length > 0) ? ".Section." + mps.pagevars.cats[1]:"";
        lb+=(typeof mps.pagevars.cats[2] =="string" && mps.pagevars.cats[2].length > 0) ? ",CNBC." + "Sub Section." + mps.pagevars.cats[2]:"";
        return lb;
        }

        (function() {
        var elem = document.createElement('script');
        elem.src = (document.location.protocol == "https:" ? "https://secure" : "http://edge") + ".quantserve.com/quant.js";
        elem.async = true;
        elem.type = "text/javascript";
        var scpt = document.getElementsByTagName('script')[0];
        scpt.parentNode.insertBefore(elem, scpt);
        })();

        _qevents.push({
            qacct:"p-9eJ8k4iSzux46",
            labels: nbcQuantcast()
        });
    }
  });
 });
</script>

<noscript>
<div style="display:none;">
<img src="//pixel.quantserve.com/pixel/p-9eJ8k4iSzux46.gif" border="0" height="1" width="1" alt="Quantcast"/>
</div>
</noscript>
<!-- End Quantcast tag -->
<!-- START Parse.ly Include: DOM-Free -->
<script>
(function(d) {
  var site = CNBC_Settings.baseurls.cnbc_base_host||"cnbc.com", // replace with the domain of your site (e.g. parsely.com)
      b = d.body,
      e = d.createElement("div");
  e.innerHTML = '<span id="parsely-cfg" data-parsely-site="'+site+'"></span>';
  e.id = "parsely-root";
  e.style.display = "none";
  b.appendChild(e);
})(document);
(function(s, p, d) {
  var h=d.location.protocol, i=p+"-"+s,
      e=d.getElementById(i), r=d.getElementById(p+"-root"),
      u=h==="https:"?"d1z2jf7jlzjs58.cloudfront.net"
      :"static."+p+".com";
  if (e) return;
  e = d.createElement(s); e.id = i; e.async = true;
  e.src = h+"//"+u+"/p.js"; r.appendChild(e);
})("script", "parsely", document);
</script>
<script src="https://fm.cnbc.com/applications/cnbc.com/resources/files/2017/12/07/parsely_data_4.js"></script>
<!-- END Parse.ly Include: DOM-Free -->

<!-- AB Admiral BEGIN -->
<script id="ab-admiral">(function(a,b,c,d,e){e=a.createElement(b);a=a.getElementsByTagName(b)[0];e.async=1;e.src=c;a.parentNode.insertBefore(e,a)})(document,'script','//nervoussummer.com/40cad7fabed6c884e79a4e286d192a42212f95b4a2dcfe41771324064f6510a6d465b805e1308a6de2f29b32fce73dffe3ba2710980cb2e99b39d282fc0917');</script>
<!-- AB Admiral END -->

<!-- MPS Global Footer Insert END -->
        <!-- MPS ASYNC Application Component - Desktop Insert FOOTER BEGIN -->
<script type="text/javascript">
$(document).ready(function(){
  mps._queue.mpsloaded.push(function(){
    mps._log('**** LOADED: cnbc-cms-footer-insert');
      //<!-- begin FRANCHISE ONLY Ad Refresh -->
      if (mps.pagevars.type == 'franchise' && mps.pagevars.hline != "US Homepage" && mps.pagevars.hline != "International Homepage") {
          if (mps._detect) mpsopts.activerefresh = 1;
          if (mps.pagevars.cats.indexOf('markets') != -1) {
              mps.refreshAdsInterval(120, ['topbanner', 'topflex']);
              window.console && console.log('--[executed]--> MPS Set Ad Refresh (120s)');
          } else {
              mps.refreshAdsInterval(60, ['topbanner', 'topflex']);
              window.console && console.log('--[executed]--> MPS Set Ad Refresh (60s)');
          }
      }
      //<!-- end FRANCHISE ONLY Ad Refresh -->
      (function() {
          if ('mps' in window && mps.pagevars && CNBC_Settings.templateName == 'slideshow_one_page') {
              setInterval(function() {
                  mps.refreshAds('topflex');
              }, 60000);
          }
      })();

      //<!-- Global Web Index: BEGIN -->
      (function() {
          var js = document.createElement('script');
          js.src = '//gwiqcdn.globalwebindex.net/gwiq/gwiq.js';
          js.type = 'text/javascript';
          js.async = 'true';
          js.onload = js.onreadystatechange = function() {
              var rs = this.readyState;
              if (rs && rs != 'complete' && rs != 'loaded') return;
              try {
                  mps.gwiqSect = mps.pagevars.hline.replace(/\s+/g, "_").replace(/[\W]+/g, "");
                  gwiq.asyncjs("cid=c0234&section=" + mps.gwiqSect);
              } catch (e) {}
          };
          var s = document.getElementsByTagName('script')[0];
          s.parentNode.insertBefore(js, s);
      })();
  });
});
</script>
<!-- Global Web Index: END -->
<!-- Sharethrough Load: BEGIN -->
<script type="text/javascript" async defer src="//native.sharethrough.com/assets/sfp.js"></script>
<!-- Sharethrough Load: END -->
<!-- MPS ASYNC Application Component - Desktop Insert FOOTER END -->
        <!-- End Global insert_cmsfooter -->

        <!-- Wires Redirect Popup -->
        

        <!-- End Wires Redirect Popup -->
        

    </body>
</html>
