Claman on Call: AT&T Earnings Come Up Short


U.S. stocks ended sharply lower following fatal shootings in Ottowa, Canada, coupled with oil falling to more than a two-year low. Canadian authorities identified the shooter as 32-year-old Michael Zehaf-Bibeau, who is believed to be Canadian born and to have converted to Islam.

Canadian stocks tumbled more than 235 points, or 1.6% on Wednesday -- the largest selloff in 16 months. Back in the U.S., nervous investors sent the VIX Volatility Index higher by nearly 15%.

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And AT&T missed analyst estimates on top and bottom, and also came up short on revenue growth projections. On a positive note, the telecom company added two million new wireless subscribers. Shares were trading lower in after-hours action.

Now, looking ahead to tomorrow: We'll continue watching any developing news from Canada and the impact on the markets. Then, weekly jobless claims are out at 8:30 a.m. ET and October manufacturing PMI index is out at 8:58 a.m. ET. Plus, we'll get earnings from Microsoft, Amazon, Pandora, Comcast and Under Armour.

Be sure to check out all of today's interviews on and tune into Countdown to the Closing Bell every week day at 3 p.m. ET.

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