We will take you to the earnings after they break. Again, you either own these names or you want to own them. All three of them tend to be proxies for certain areas of the consumers, you need to see how they are doing. Perhaps wall street way of saying we are putting our faith in washington, d. C. Congress will make a deal, but will it get done before we default on our debt . It is all in the timing. Peter barnes at the white house, nicolNicole Petallides at the n. In moments we will hear from terry duffy of plans in case extreme volatility hits. When it comes to the market, rich, to you first. What is happening, everything sort of out of sync for us because it is changing moment by moment, right . Rich it is, liz. House republicans are meeting right now. They will control that after the senate votes. The pass is open for this to be concluded tonight, but there are a number of things that have to go right. We are getting indications the one senator we thought would slow this up, senator ted cruz, he says he will not slow a vote in the senate. If the senate can pass it, and every senator agrees not to slow this up, it comes to the house. We expect it is just concluding that they will agree to sign onto this deal. Now we need enough republicans to sign on, that is what Speaker John Boehner is doing right now. We will wait to see the next move when the meeting concludes within the next hour. Liz i said it was a game of inches, so where do we stand when it comes to the football field for the president and anybody else you are talking to. Theyre asking house to pass the deal swiftly in the senate. White House Press Secretary jay carney says the president supports the provisions of the compromise, and this legislation would reopen and fund the government through january 15, extended the debt ceiling through february 7. Declaring Income Verification for government subsidies for obamacare. An antifraud provision. It would require a House Senate Budget Committee to work on a compromise on the 2014 budget and any possible tax and entitlement reforms with a deadline of mid december. The white house wants the congress to get this done because it is reminding folks tomorrow at the close of business is when the treasury says it will run out of additional Borrowing Authority and will have to operate and pay bills with cash on hand. That is expected to be 30 billion. That could get another day or two if Congress Needs it, but the white house wants it done as quickly as possible. Liz that is what jack lew told fox business. We will not run out of money tomorrow. We run out of the ability to borrow to pay our bills. It draws down very quickly, that is what upsets the market. Right, nicole . Nicole absolutely. A big difference between deadline and default. What we have seen is the volatility that has gone back and forth today. Yesterday we saw it jumping to the most recent highs of this week. We have had that while the swing. The nasdaq composite hitting 13 year highs led by names like staples and garman just to name a few. Names with earnings doing well like pepsi, bank of america. We continue to watch everything going on including washington and earnings. Peter talked about tapering. The lack thereof. Yesterday remained so calm, said these guys will probably figure it out, a buying opportunity. Liz less wrangle him to get in front of the camera if we can. We will give him kudos. One could argue, i tend to not want to use the term ground zero. An important area of the market globally is where you are right now. The Worlds Largest platform. Lets talk about how closely they are watch the monitors around you when it comes to the news flow. That is key, liz. This is where the world comes to manage risk. If youre an institutional player, speculating on the market, and the trades that had been during the Government Shutdown being reversed. If you look at the energy market, crude oil prices, these are some of the bigger gainers on the cme today. Selling the commodities during the government shut down. The idea was the government shut down, possible default, we consume less oil and gasoline. We are seeing a pop in those commodities based on what we have heard out of the market today. Crude oil prices after falling more than a dollar in yesterdays session right now up more than a dollar. We have taken back all of yesterdays losses and were building on those gains right now. By the way, the crude oil contract volume right now 30 above the 100 day average. So you are seeing above normal trading volumes as well. By the way right now trade is to buy precious models. Silver on a percentage basis up even more, so certainly flocking to that trade as well. Back to you. Liz an interesting guy who writes about the market. Maybe the metals are oversold. You dont usually see the market jump and metals which is a little bit of a safe haven. Thank you, all. Talking about the last 48 hours and 72 hours, it has been a fulltime job but today second by second action, no downtime at all. Okay, we have mike holland of holland and company talking about investing that money. I want to get to the cme and ira. Give him that kudos. Sandra talked about very specific things the traders are looking for right now, but you specifically, what are you watching in the next 12 hours . Volume. Sandra hit it right on the head. Seeing of the traders come back the market and that is what youre looking for. We are seeing some of that in the energies, expects to see some coming into the metals as well. They do back away, unlike stock traders, they dont have to be invested all the time. Much harder to move your portfolio trying to get a dividend rather if you will playing the futures market. The futures market traders watching the volume and very frankly w were getting ready fr another event come january. It will be back to normal looking at day to day fundamentals, hopefully by the weekend. Liz january 15, that is part of the deal. A couple of calendar markers. We will keep the government running until then. Okay. You take your victory lap. A buying opportunity. It has been, but who has the guts to do that at a time it is very hard to see what will happen. Realistically do any of us really think they werent going to come to an agreement . I know they have done their very best to scare us to death and dysfunctional heavier reinforces being scared to death, but at the end of the day they locked them in a room and figured it out and it is not over until it is over. Still not quite across the finish line yet. Certainly looks like were going to get there. Liz this is unbelievable. You are more thinking about the finish line. How close are we to the finish line from, say for example, the perspective of you who has billions in assets under management and can invest the money right now . We really cannot believe the alternative, which is in the 11th hour that they are going to screw this up. I have done their best to make fools, and nobody would have lead us and we would get to hear, but we are here. They have been embarrassed to the her, but we are here. Point even ted cruzs afternoon said he will not stand i in the way f the thing. Liz tea party candidates. Americans dont like that. John mccain this morning said we lost. Get out of the way. Limit the damage at this point. If this were a football game, it would be pretty much over. Liz so people are leaving. I want to beat the traffic, right . I think this point they are out of the stands. Liz investing right now, is it too dangerous to put money to work . One of the things we always have to look at is valuation. When you look at Companies Like the one you heard about, ibm, American Express, these are valuations that are not crazy. They are quite attractive. If they screwed up even the 11th hour and knock them down, those of us who have been in the business for a long time always have some reserves. One of the reasons were getting a pop at the 11th hour. Liz you want to talk about a pop at the 11th hour, it is oil. 30 increase in volume for trading of those products. What is the message we get from that . People believe this economy will continue to grow, well get through this and companies will need energy to make the products and continue commerce. This is the busiest day we have had since the shutdown. Probably the busiest in three weeks. As much as Commodity Traders like to trade, when you dont know what the government is going to do a lot of guys took two weeks off and sit back and see what will happen. Now they know an agreement will be there. Volume up across the board, stocks and commodities. Look for all of them to rally over the next couple of weeks. Liz thank you. We are going to drag you in if anything happens because the closing bell is 49 minutes away, but anything can happen. You watch these numbers we have on the screen. The man totally plugged into the plumbing of the Global Financial system, we have cme Group Executive chair and president terry duffy from the Worlds Largest trading operation. What is he going to plan for any kind of 11th hour problem or success. He will make sure it runs smoothly. With the senate vote hours away, will we see a new era of bipartisanship on the hill . Will we get rid of the fingerpointing, the chest jabbing with the index finger . Two senators on opposite sides of the aisle. Democrat from delaware and republican of north dakota, both former governors. And they are going to weigh in. Stay tuned. Its a growing trend in business do more with less with ss energy. Hp is help. Soon, the worlds most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. Multiply that across over a thousand locations, and theyll provide the same benefit to the environment as over 60,000 trees. Thats a trend we can all get behind. Liz weve noticed, and you have as well, the market getting whipped around by every tiny move in d. C. With high volume and increased volatility, how is the Worlds LargestFutures Exchange dealing with this roller coaster ride . Terry duffy. I know you are extraordinarily busy. Thank you for being here. Im also joined in mike holland. The real brains on the street here. Tell me what kind of contingency plans because we have called this a game of inches. What are you doing at the cme in advance of anything that might gyrate or cause volatility or any kind of problems. The good news for cme is we put into dizzy plans in place long before things like this could ever be thought of. We take haircuts on the treasuries, we make sure other margins we accept are properly price. We do a whole host of things to be sure of volatility in any circumstance including a Government Shutdown. This is a little out of the ordinary because it is more of a big political event coming down to the wire if we pay our bills or not. We are well prepared. Because of the Risk Management we have done over 100 years. Liz you know your stuff. One of the things weve noticed here at fox business is the treasury market. A shortterm treasury bond. Even banks like citigroup, jpmorgan have said fidelity. We will not have this because we are not sure it will be safe to have them on the books if the government to deal does not come through, for example. If we were to show the yield on the 10year or the threeyear, you would see them. It has been extremely disturbing to some people who worry about that. What cracks in the foundation have you seen at all, anything catching your eye as an alltime trader . Not really. They talked about one of the most extraordinary circumstances we have seen in a long time. Most of them have been negotiated. When you look at the treasury volumes, the yield going up, it doesnt surprise me because look at where we are coming from. We are coming from below. This to me is almost a normal course of business. I am surprised it is not more than it is. 25 years in business, you have seen a lot of crazy things happen. This there any lasting damage . What we have experienced many times in short memories of people, is there any lasting damage for the u. S. Market as a result of what we just went through . First of all yes, i think there is. Second of all we are not completely through it yet. We will look at a house vote that is a very skewed with the democratic putting 200 votes on the bill and a handful of republicans. We will be right back at this in a couple of months dealing with the same effect. This is a big deal to play out the way it has played out throughout the world. We will see this in a very short period of time. I think there is some lasting damage from the last one, but unfortunately the president said something i will agree with him on. If we default the Interest Rate will go up and they will not come back down. Im more the mindset we will have more normalized rate environment whether we like it or not. That will cost taxpayers billions of dollars to service that debt. What you described is an environment in the future where the risk of return to trick your bills and treasury note offered is no longer risk free. No, thats for sure. Were holding a large number of bills. We do have them properly haircut. People all around the world owning our debt. We cannot default on it. A better system that were not going through this process every couple of months in order to talk about how were going to service and pay our bills. Liz Charlie Gasparino reporting the white house has reached out to some ceos to have them articulate just that, how serious this is. Have you received a call like that, and if not, would you understand why theyre doing it . You have no problem explaining what you see have happening. It is pretty scary. My years of experience i have not spoken to anybody in the white house, i was in washington a week or two ago and i always take the opportunity to meet with different leaders on both sides of the aisle and i told them of our contingency plans and things of that nature. Nobody is seeking my advice, and that is just fine. We are here to run the cme group with a situation our clients can manage their risk. That is really our focus. I spent a chunk of my life in the bond market. One of the things when it comes to the risk return was the full faith and credit of the u. S. Government is in the constitution. It is part of our law. Social security and of the things are not part of the law, but the way i grew up in business some of these were things that had to be paid. There wasnt a choice. There is enough money to pay them. I dont understand where we are going in at this point. You have been involved with the responsible people the past. What can you tell the people doing right now about the full faith in credit . Liz people running like ted cruz. I will not comment on that. What mike just said is very important. These are obligations our congress has already approved. For them to hold hostage the payments on those, the reputation of the full faith of the government in the constitution to me is irresponsible. If you want to effectuate change do it at the voting polls, not the American People who are working hard in order to meet their own demands. I find this a bit of irresponsible to use this opportunity for politics. These are expenditures that were already approved, these are not new expenditures. That is a big difference people have to understand. Liz amen. Thank you so much. Executive chair and president of the cme group. During Lehman Brothers when the plumbing was getting clogged up, the cme had zero issues with unwinding the instruments that were coming out of bear stearns, Lehman Brothers, things like that. He is the person to be speaking on this issue. You just heard terry duffy say they will be lasting damage to the u. S. Because of the protracted impasse of washington. Even if we get a deal today or tomorrow, we may not be out of this yet. Twitters decision to list on the big board instead of the nasdaq is a huge win for the new york stock exchange. Is it a gamechanger . Does this now force other companies to say i will go with the nyse instead of the nasdaq . We will see if it can regain its strength. When we made our commitment to the gulf, bp had two big goals help the gulf recover and learn from what happened so we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts watch over all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more safely. Our commitment has never been stronger. Trust your instincts to make the call. To treat my low testosterone, my doctor and i went with axiron, the only underarm low t treatment. Axiron can restore t levels to normal in about 2 weeks in most men. Axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. Women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. Report these symptoms to your doctor. Tell your doctor about all medical conditions and medications. Serious side effects could include increased risk ofrostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. Common side effects include skin redness or irritation where applied, increased d blood cell count, headache, diarrhea, vomiting, and increase in psa. Ask your doctor about the only underarm low t treatment, axiron. Liz breaking exclusive news. The federal judge may have blocked Ben Bernankes pretrial deposition in the Hank Greenberg lawsuit over the legality of the 2008 aig bailout. But action in the case is heating up involving two former treasury secretarys. Here is charlie. Charlie what we do know is this. In this case tim geithner and hank paulson has been deposed. Given pretrial depositions. These depositions occurred over the past month. Over the legality of the aig bailout. Wiping out shareholders including himself. He did take his lawyer deposition sources tell the Fox Business Network of tim geithner in his capacity as new york fed chair during the bailout. He helped engineer the aig bailout along with Everything Else and have taken the testimony of hank paulson who was then the treasury secretary. What we dont know is what they said about the legality of the aig bailout in what was going on at the time. Lifting the secrecy on this, confidentiality on this and expose it to the public. When that happens we will be on the air. Ben bernanke clearly delayed by the judge today. Liz they are not forcing him. Charlie until he leaves offic. These other two have been taken. What is interesting about this case, it is heating up, it is great stuff. I cannot wait for this stuff to come out. This is something people will pore over. It will be very interesting to see how they describe the events that went down. Liz there are many counterparties involved, Goldman Sachs and so many others that had helped them, what if aig had gone under. Explain to our viewers. Charlie he did not have to wipe out all the shareholders to bailout aig and you didnt have two cover. It ensured toxic debt on the Balance SheetGoldman Sachs and all these others. When they lost their bond rating it would have to post collateral and give them hundreds of cents on the dollar. Hank greenberg is arguing you should not have wiped out the shareholders. Why wipe out the shareholders of aig . And why cover them one hundred cents on the dollar . You bankrupted aig. Listen, this case is Going Forward. There is a legality whether the fed and the treasury and the new york fed at the time, that is why they are involved had the Legal Authority to do exactly what they did. This is being fought out in court. Liz twitter, inside the nasdaq very concerned it was not chosen. When it came to what is going to be the listing for the companys share. A huge deal. Liz he is going to discuss this with us as well. Lets hear from charlie first to get a sense of where he stands on this because you look very closely at the exchanges. I look at it from a business standpoint. This is a big loss for nasdaq. The nasdaq as we reported did a pretty interesting story last friday about how the nasdaq made a lastditch effort to push twitter to understand what is the Value Proposition of the nasdaq which is trading in the nasdaq 100 which there is an automatic autumn floor to how far the stock was going to go down because you are with apple and everyone else. They could not use that, they could not overcome negativity from the problematic facebook ipo and the latest glitch to overcome that. Twitter doesnt want to se screw this up. Liz they dont want to be the next facebook when it comes to that day. They cannot afford it, right . The reality is they are not unmitigated disaster. The reality is it was really the nasdaq. The nasdaq failed. The traitors to not know what orders were going in. They did not have any confirmations. What happened was everybody lost confidence in facebook because the proxy at the time the market failed. The stock traded. Liz start attracting other names like ali baba. I dont know why you would risk it. Liz they have had many, many successful launches at the nasdaq. The biggest tech ipo in more than 10 years. It literally failed. Charlie i think there is a bit of a special case. They are losing money, they are not making money. I dont think they can afford a Facebook Like flub. I think that would really, really hurt their company. Facebook is a very profitable company. I dont like the stock, dont like the platform. But this is what nasdaq is going to argue. They made a lastditch effort. When you are in the nasdaq 100, it is a powerful tool for a company. It works. One reason facebook is doing so well is it is trading with apple and others. Liz what do they have to do to get some shine back . Nasdaq has to execute. Whether it is smaller offerings or what have you, they can get this done. Charlies point on the nature of twitter is a good one. The reality is twitter is marginally not positive but cash flow basis losing a lot of money. This is a Business Model they are trying to figure out. They dont want to come out of the gate and have a dysfunctional ideal. Liz thank you for getting into the chair. Charlie, thank you very much. Go on foxbusiness. Com, story of Timothy Geithner and hank paulson. Charlie you are telling me i have two right now. I just want report and go home. And go to the bar. Liz best reporter around. A democrat and republican with us after the break with their perspective and inside view of this. If youve got it, you know how hard it can be to breathe and man, you know how that feels. Copd includes emphysema and chronic bronchitis. Spiriva is a oncedaily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. You know, spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace fastacting inhalers for sudden symptoms. Tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. These may worsen with spiriva. Discuss all medicines you take, even eye drops. Stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. Other side effects include dry mouth and constipation. Nothing can reverse copd. Spiriva helps me breathe better. Does breathing with copd weigh you down . Dont wait to ask your doctor about spiriva. You really love, what would you do . [ woman ] id be a writer. [ man ] id be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] id be an architect. What if i told you someone could pay you and what if that person were you . When you think about it, isnt that what retirement should be, paying ourselves to do what we love . Liz as they watch the market very closely, it has been a day of fastmoving developments on capitol hill after all the uncertainty, the senate will be voting first o on the budget and debt do it proposed this morning. Breaking just now, house Speaker John Boehner announced this statement saying in part the house has fought with everything it has to convince the president of the United States to engage in bipartisan negotiations aimed at addressing our countrys debt and providing fairness the American People under obamacare. That fight will continue but blocking the bipartisan agreement reached by members of the senate will not be a tactic for us. Joining us now, republican senator john hoven. Does that indicate to you that republicans in the house will go forward with what you will present to them . What you just said was very encouraging. We have been saying jonathan was tired of hearing it, but we need to pay our bills and negotiate. Premuch in agreement on this. Three waste reduce what did the visits. They these programs. Number two, generate some revenue for debt reduction. Number three, focus on everything we do to get a better result for less money. Liz is this a deal that you can support . It is. Look, we have to get government reopened. We have to make sure we dont default. This doesnt have the things i really wanted in the agreement which is longterm spending reform, getting reforms and savings. We set up a process to negotiate to get the kind of Structural Reforms and reduce our spending and find savings we need to address the deficit and the debt. Liz were going to put up the terms of the deal the senate has come up with. I know you both do, but tell us how closely members of the house should be watching because this one thing in common with every one of your constituents. Most of them have pensions or 401 k , 8529. That matters to just about everybody, right . I think some of them will watch the market pretty closely. Others are hung up on ideology. John and i are former governors di. We are more pragmatic. One of the things businesses need is certainty. What we have been needing all along is get into a budget conference for democrats and republicans in the house and senate to negotiate the big issues. Simply spending the money more effectively. Now we have the chance to do that. Liz one of the parts of the deal is by december 15 putting together a Bipartisan Committee that will tackle these very issues. Regardless we all have to be fighting the savings and reforms of address the underlying drivers of our debt and deficit. You see the market up today, your question. One thing is to restructure the federal forms. That will help our economy grow. Not only get people back to work, we truly do address our debt the right way, that means getting our spending under control and get economic growth. Liz you touched upon the fact both of you are former governors. Governors dont mess around. Do you think if you had gotten a lot of former governors who sit on the senate and maybe in the house could get together and figure out a way to get rid of the nastiness and understand the reality of the world we have today . From your lips to gods ears. To reach out to people who are former governors democrat or republican and say think about serving in the senate. We need you. Governors tend to be more pragmatic. Reaching across the aisle. You have to make some compromises along the way. We need some more mayors. I will second left. Liz lets get these two guys in charge. I will drink to that. Liz this is what i think they want. Any time for both you. Breaking news, not guilty. The verdict for mark cuban. Dallas mavericks owner coming one day after deliberations, he is found not guilty the whole issue of insider trading. 15 minutes before the closing bell rings. Stay tuned, much more ahead. Anything could still happen, folks. Lieve your Financial Advisor should focus on your longterm goals, not their shortterm agenda. [ woman ] if you have the nerve to believe that cookie cutters should be for cookies, not your investment strategy. If you believe in the sheer brilliance of a simple explanation. [ male announcer ] join the nearly 7 million investors who think like you do face time and think time make a difference. Join us. [ male announcer ] at edward jones, its how we make sense of investing. Losing thrusters. I need more power. Give me more power [ mainframe ] located. Ge deepsea fuel technology. A 50,000pound, ingeniously wired machine that optimizes raw data to help safely discover and maximize resources in extreme conditions. Our Current Situation seems rather extreme. Why cant we maximize our. Ready. Brilliant. Lets get out of here. Warp speed. Liz yes, we have seen a roller coaster ride for equities the past several trading sessions but one thing is consistent. We have moved higher. After the senate announced a deal to reopen the government and lift the debt ceiling. We bring back mike holland. And carol pepper. Have they been on the phone calling you . What are they saying . We try to encourage them to think longterm. We knew there would be some sort of a deal, just a question of when. We are starting to look forward into the future. Which we think about Going Forward now that we have a break until the next round of haggling happens. Liz has affected the way you have invested their money . Weve always looked for longterm investments. It affects us only in the census brings us more deeply into our own principles which is longterm investing and Strong Companies with good talent jeans and a lot of cash. We just spoke with terry duffy, he says he believed this is going to bring about higher Interest Rates which we are all expecting. The whole risk return thing that is out the window now. What do you do with fixed income . We want people about if you own your own bonds. If youre in bond funds, those are the things i want to get affected. As Interest Rates go up, bond prices go down so bond funds are going to go down. We encourage people to buy individual bonds. Liz and buy stocks. What do you like right now . A lot of the Great Companies continue even after this, 20 of the stock market year to date with the silliness going on around the world they still have Companies Like google and Companies Like that very attractive valuations. We talked about valuation in the past being one of the most important things your friend Warren Buffett says this most important. We cannot ignore compass like google and johnson johnson, 3m companies. Trading historically very attractive forgetting about where Interest Rates are. Liz what are your favorite names . Look for companies with a lot of cash on the Balance Sheets. Look for companies that have had only cash but plans to earn more money. Liz dont all Companies Plan to earn more money . Take a look at netflix. That stock has been on fire. Theyre going to get on the settop box. During individual programming for them. They will earn more money he h. This morph into a Technology Brand because look at what we saw today. They are not selling as much as the more expensive phones are doing fine. A preference for the upper end consumer. Liz doesnt it amaze both of you . I go back to the first failed tarp vote in 2008. Suddenly the diehard in congress who do not want to bail the banks out, there are certain things you have to plug your nose and jump in and do. Suddenly everybody understood the meaning of money when their constituents started whining. What do you think will happen if we have any kind of stumbling . There will be confetti. This is worldwide immediately. If they screwed this up in the last 24 hours, which nobody expects them to do, that is the biggest of the black swans in our lifetime. I totally agree. What we have to look out for is what will happen when we are back at it again. We would both tell clients to have cash just in case something crazy happens. That its right. We move toward a barbell strategy. Investments that we like that can withstand the volatility. Liz and the Common Thread between you two is google. Perfect perspective today. Good to have you as well. We are six minutes away from the closing bell. We have bigger earnings out after the bell. Maybe ibm, American Express, they are all widely held. We will have them the second they are released and lets you how the stocks are doing. Sometimes they just drop in. Always obvious. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. And this pk is the inside of your body. See, the special psyllium fiber in metamucil actually gels. And that gelling hes to lower some cholesterol. Metacil. 3 amazing benefits in 1 super fiber. Who found a magic seashell. It told him what was happening on the tradg floor in real time. The shell brought him great fame. But then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their Trading Platform. [ indistinct talking continues ] [ male announcer ] so the magic shell went back to being a. Shell. Get live squawks right in your Trading Platform with think or swim from td ameritrade. David the market is up over 200 points. Im david asman. List claim will come right back. Liz claman will right back. Go to Nicole Petallides at the new york stock exchange. The volatility index when that is down the market is up. I heard you say the vix. Im happy to kick it off there with that. We saw 20 to the downside, biggest move of 2013. Yesterday jumping today and pulling back. Every headline out of washington was a market moving event. Liz big banks responded postively to what happened today, right . Absolutely. We saw the financials leading the way as you noted, liz. Bank of america came out with great numbers and blackrock. The profits jumping there. Goldman sachs, dow component up 3 . David huge earnings day. That will be interesting hour. We have ebay, American Express,. How are they doing today . Ebay is pulling back. It is up 5 . Ibm and American Express as well. Liz well get those to you the second they come out. Federal express extending yesterdays gains, climbing further into the green. Clearly this is a company where people look at it as a proxy for the economy . Right showing buybacks and confidence in the company. Deutsche bank, another high here for fedex today. It soared up 2. 7 . [closing bell ringing] liz theyre cheering loudly. The bells ring on wall street. Holding on to most of the gains. At one point the dow jones was up 206 points. The nasdaq as we close had been up more than 40 points. It is up 45 at the moment. Holding on as she said with most of the gains. Russell 2000 and s p midcaps hitting alltime highs. Even with all that mike holland just said. David sometimes that cheering that you hear at the closing bell is because there is group, no, no, this is real cheering. Not only were they ecstatic about the market numbers but they were also so happy it appears we have a deal. That helped lead numbers up. It was a positive day on all fronts. Lets look at front page headlines before we go any further. Last few minutes, house Speaker John Boehner says his party will not block the senate plan to reopen the government and raise