The British pound plunged to a 31 year low against the dollar Tuesday, as Brexit fears came back into focus.

U.S. stocks rose on Tuesday as the pound hit a 31-year low against the dollar, sending European stocks higher.

The first trading session of the fourth quarter is off to a relatively muted start ahead of economic data including the monthly jobs report later this week. Janus Capital , the already giant money manager -headlined by "Bond King" Bill Gross is getting even bigger after London's Henderson Group announced it's buying the firm. Together the combined fund will manage an estimated $320 billion. Outdoor-equipment retail chain Cabela's . Bass Pro Shops is buying the Connecticut-based retailer for $5.5 billion, or just over $65 a share in cash. Sources speaking to Bloomberg say Bass Pro edged out competition from the private equity firm Sycamore Partners. And,

U.S. Stocks are down as mixed data come in from auto sales, the release of weak August construction spending, and better-than-expected manufacturing data hit the markets on Monday. The ISM manufacturing index for September came in at 51.5, slightly higher than the consensus of 50.2. Construction spending in August declined 0.7% from July, missing expectations. On a year-over-year basis, spending on home building declined 0.3%. Twitter's shares rose in trading Monday on a report that Alphabet hired an adviser to help evaluate a bid to acquire the social media company. Tesla shares rose after reporting its best sales quarter ever, saying global deliveries of its cars more than doubled in the third quarter to 24,500 from a year earlier. Finally, Ford's stock increased after reporting U.S. sales declined 8% this month, but the company said September was the best month for its F-Series retail sales. TheStreet's Valerie Young reports from Wall Street.

The situation at Deutsche Bank ( ) is deteriorating and shares are down 7% in Europe. A Bloomberg report indicated that 10 hedge fund clients are reducing their dealings with Germany's biggest bank. The head of the Europe's largest investment bank directly addressed the report, telling a German newspaper that the bank had not seen any noticeable outflow of funds. 34 million people have already started their holiday shopping. Creditcards.com says by the end of November, one-quarter of U.S. adults plan to have finished their holiday shopping. The real overachievers are the ones who are already finished-about a million Americans. The movie 'Deepwater Horizon' opens today at theaters across the United States. The film depicts the blowout of the Deepwater Horizon offshore drilling rig that had a blowout in the Gulf of Mexico in April 2010.

U.S. stocks fell Friday as investors grappled with headwinds facing Deutsche Bank .

Stocks moved higher thanks to a Deutsche Bank

Deutsche Bank

U.S. stocks moved lower Thursday, despite Wednesday's agreement by OPEC to cut oil production.

Stocks fell into the red by late morning as Mylan kicked off a selloff in health care. Oil was a bright spot, though, adding gains to a late-session rally seen a day earlier.