Captions by vitac www. Vitac. Com closed caption funding provided by mark burnett productions, inc. Bret i chose a team. I took a big chance on omarosa. She is an absolute manipulative villain, and and she got into brandes head. But you know what . Id be back here again in a second. If i get asked to come back tomorrow, im gonna come back and fight again. Im jim cramer. And welcome to my world. You need to get in the game. Firms are going to go out of business and hes nuts theyre nuts they know nothing i always like to say theres a bull market somewhere mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money, welcome to cramerica. Other people want to make friends, im just trying to save you a little money. My job is not just to entertain you but to educate you so call me at 1800743cnbc. Sure, the markets high, duh. We can stipulate that today with the dow gaining 42 points, s p rising. 11 , nasdaq backslid. 05 . We have broken through to dramatically higher levels.
Who won the street fight . Karen. Four to one. Whoa time for the final trade. Mike khouw . Heck of a run. Id take profiments in home depot. B. K. . Tomorrow, we have usda net exports on grain. Tim . Brazil. I still like omnicare. Ocr. Guy . Interesting reversal, nem. All right, im melissa lee. See you back here at 5 00 for more fast money here on cnbc. Meantime, dont go anywhere. Mad money with jim cramer starts right now. Im jim cramer. And welcome to my world. You need to get in the game. Go out of business and hes nuts theyre nuts they know nothing i always like to say theres a bull market somewhere mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money, welcome to cramerica. Other people want to make friends, im just trying to save you a little money. My job is not just to entertain you but to educate you so call me at 1800743cnbc. Sure, the markets high, duh. We can stipulate that today with the dow gaining 42 points, s p rising, nasdaq back slid. 05 . We have
Put investors in a sour mood. Behind the selling a strong showing in italys elections by groups opposed to economic reform, on top of that, u. S. Equities face a looming friday deadline for massive government budget cuts, known as sequestration. The dow tumbled 216 points, the nasdaq fell nearly 46, and the s p 500 lost 28 points. While theres been much talk of a correction in the stock market, sequestration may not be the catalyst. Suzanne pratt reports. Reporter it is widely accepted on wall street that sequestration is coming. And, with it a new reason for the fragile u. S. Economy to sputter. But, what will the first phase of billions of dollars in federal spending cuts actually do to the u. S. Stock market . After all, major market averages are hovering close to alltime highs, and dont forget investors are finally warming up to equities again. Floor broker art cashin says todays selling was mostly a reaction to italys election, and that the stock market is not yet focused on seque
Captioning sponsored by wpbt this is n. B. R. Susie good evening everyone. Im susie gharib. Worries about political gridlock, in italy and in washington, cause investors to dump stocks. Its the worst day for wall street since the november elections. Tom im tom hudson. With 85 billion in federal spending cuts just days away, we talk with congresswoman Cathy Mcmorris rodgers. Susie and the man who founded barnes and noble wants to buy his bookstores back, but he has no interest in the companys electronic book reader b ns nook business. Tom that and more tonight on n. B. R. susie a sharp sell off on wall street today, as stocks suffered their biggest drop since november. Italian and american politics put investors in a sour mood. Behind the selling a strong showing in italys elections by groups opposed to economic reform, on top of that, u. S. Equities face a looming friday deadline for massive government budget cuts, known as sequestration. The dow tumbled 216 points, the nasdaq fell nea
Profits in 2013. Weve seen First Quarter Earnings Growth expectations shrink to just a little over 0 from expectations of 3 or 4 . So, its almost as if for every percentage point companies were beating Fourth Quarter numbers analysts were cutting the First Quarter numbers by a similar amount. Reporter so even if sequestration doesnt kill the stock market rally. It could certainly amplify a correction that may have already gotten started. Suzanne pratt, n. B. R. , new york. Tom as suzanne mentioned, were just days away from 85 billion in federal spending cuts hitting the u. S. Economy. Today, the war of words over the sequester continued. President obama called on the nations governors today to pressure lawmakers over the sequester, saying citizens of their states will be out of work. The American People are out there ef row day meeting their responsibilities, giving it their all to provide thor their families and their communities. A lot of are you doing the same things in your respect