We are going to bring you todays market moving news from all around the world, from london to brussels, istanbul and washington. Our bloomberg voices are on the ground with this mornings top stories. We want to begin in turkey. The country has agreed to tip a rarely halt its military offensive in northern syria, but it is not withdrawing its forces. The lifting of sanctions may come with a permanent ceasefire. Theence with implementation of a ceasefire, the United States will not impose any further sanctions on turkeys, and once a permanent ceasefire is in effect, the president has agreed to withdraw the economic sanctions that were imposed. Joins usimin demokan from istanbul. How does this play out over the next 24 hours . Simikin turkey is expecting the kurdish fighters to withdraw from the areas. President erdogan said he expects to create a safe zone once those kurdish militants have left the area, and the safe zone will be 444 kalama theres long. 444 kilometers we also expect turk
For allegedly opening up customer accounts without consent, forging signatures. I mean is your identity safe anywhere . Well look at that story coming up a little bit. The rally continues on wall street today. I mean in this you know after we saw what happened, bill, with the fed, the 300point move we had after the fed decision to taper, you know the aftermath still remains pretty solid. Were adding another 70 points on that index today. The dow was 97 at its peak today, light volume. As we always say, can you make money light or heavy volume, or lose money at the same time. It still reveals a bias. The bias appears to buy the index. The s p 500 adding almost ten points at this hour. The nasdaq strongest performer of the day. Take a look at some components of facebook in particular as its added to the s p 500. Up better than 5 . That index again, sitting about 1827. Lets talk to our Closing Bell Exchange gang joe tanney dick from Rmb Capital Management joe duran, hes also by the way, t
i m charles payne and stuart will be back on monday. here is the story, 175,000 jobs created in may and the unemployment rate goes to up 7.6%. all of that printing and we re still not seeing a significant growth in the economy or the job marketment you thought the obama administration listening to your phone calls was bad. how about everything from facebook, google, youtube, you name it they re on it and now even the new york times is saying the president has lost credibility. we re all over this story and just when you thought your government has done enough to outrage you, try this. 332 million dollars in bonuses for federal workers last year alone. oh, this is the year of sequester cuts, you remember the cuts of maximum pain and shared sacrifice. federal workers still got big time bonuses. hey, it s your money and your freedom. we re talking about it all morning long. varney & company is about to begin. with fidelity s options platform, we ve completely integted every st
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book balout nation. washington journal starts now. host: good morning, the whitehouse leaked the news shortly after 9:00 p.m. monday evening and today papers are reporting on the re-emanation of fed chairman ben bernanke. we will hear from the president live this morning from martha s vineyard at about 9:00 a.m. eastern. nasa try again tomorrow to launch the space shuttle after bad weather delayed the launch. this morning, also h1n1 could infect many thousands of this fall. more details on the prosecutor. we will look into the alleged cia interrogation abuses. those are some of the issues we will talk about on this august 25. our focus this first half-hour is on the federal reserve board and the expected re-nomination of. chairman ben of of chairman ben bernanke. we will also take your e-mails or you can send us a message by twitter. here is the front page above the fold in the washington post as a ben bernanke is reappointed, the announcement will come this morni