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Time. Abigail, what are session highs . The dow, s pave 500, nasdaq all sharply higher. Up 1 on pace for their best day since march 1. The s p 500 on pace for its best weekly gain. The first weekly gain in three weeks. The best weekly gain in 2 months. The nasdaq on pace for yet another record closing high. Certainly a bullish day. We havehis, strengthened financial straight American Express up more than 5 , on pace for its day its best day since october 20 of last year. Investors clearly like t...

Iif, please welcome gary cohen, director of the National Economic council. In conversation with tim adams. [applause] thank you very much. Delighted to see you. Its great to be here tim, thanks. Gary was on my board for years, one of our best Board Members ever. I can see what had someone has to do to get on your board . I never thought of you as a government guy. Public sector, hows the transition gone . The missions are similar. The private sector is trying to serve its kind, trying to achieve...

Thank you very much. Delighted to see you. Its great to be here tim, thanks. Gary was on my board for years, one of our best Board Members ever. I can see what had someone has to do to get on your board . I never thought of you as a government guy. Public sector, hows the transition gone . The missions are similar. The private sector is trying to serve its kind , trying to achieve its objectives and its goal. And the Public Sector is doing the same. Is trying to achieve their mission, understand...

Thank you very much. Delighted to see you. Its great to be here tim, thanks. Gary was on my board for years, one of our best Board Members ever. I can see what had someone has to do to get on your board . I never thought of you as a government guy. Public sector, hows the transition gone . The missions are similar. The private sector is trying to serve its kind , trying to achieve its objectives and its goal. And the Public Sector is doing the same. Is trying to achieve their mission, understand...

Well as the isn services index. Market desk where julie hyman has all these. Julie we recently got disappointing news on the manufacturing, but disappointing on the nonmanufacturing front as well. Service industries expanding at the slowest pace in six months. We saw the biggest month over reading ofase, a 55. 9 for the month, that is worse than estimated in october. Again, thats isn noninfection composite, 55 point point 50 59, 58 is what economists had estimated. Factory orders, excluding tran...

Half hours time. It looks like investors do not anything germanic ahead of that on a macro basis because the s p and dow slightly lower. The nasdaq slightly higher here today. Gross closer to resuming and surpassing its record high. Take a look at my bloomberg terminal. I the intraday moves going back to six months. The record high was reached back in july, july 20 to be exact. We are 1 below that level. Indo see a rally for stocks december. We could see not only the nasdaq but other averages on...

The center of that story for weeks. Bob peck, the analyst with sun trust. Bob, its good to have you back. Thanks for having me. The board is considering a spin or a sale of the core assets or maybe other things. Whats most likely to happen . A couple of these. We think when yahoo did not receive its public ruling from the irs that that would be taxfree, but that was a material adverse change. The board right now is doing what it should do prudently looking at all the other options that maybe mor...

Countries will have an impact of the value of a dollar and the economy. Were interested in having the chairman address that issue also. These are some of the major issues we will discuss, and i certainly look forward to hearing chair yellens thoughts on this. There is also growing uncertainty that we should add to the occasion. Too many mornings we hear breaking news or pick up the newspaper and find headlines we dont want to read. That appears to be a spreading cancer not only in the United Sta...

We are very, very happy to have congressman teeberry take over as vice chair. Welcome. I also want to welcome our distinguished chair of the Federal Reserve janet yellen and thank her for appearing before us this morning. This committee has a long tradition of receiving regular updates from the chair of the Federal Reserve and were pleased to be continuing that tradition today. U. S. Economy has struggled through a long season of at tted growth. Over that time, our economy has grown at a histori...

Were interested in having the chairman address that issue also. These are some of the major issues we will discuss, and i certainly look forward to hearing chair yellens thoughts on this. There is also growing uncertainty that we should add to the occasion. Too many mornings we hear breaking news or pick up the newspaper and find headlines we dont want to read. That appears to be a spreading cancer not only in the United States but also throughout the world. And so the uncertainty that that leve...