Nasdaq, and google was 2,000 and the s p 500 holding on to fractional gains at 1803. Watching hewlettpackard can pop with its quarterly numbers beating the street, mixed bag, citigroup says they have 30 more upside, Goldman Sachs keeps the celebrating so were watching that as well. Commodities are to the downside. Oil below 92 for the First Time Since june so we are watching that story closely as well. Dennis lets talk about the wintery weather, weather making its way to the east coast causing several headaches for a lot of people on the busiest travel day of the year. Accuweather meteorologist pilotpoint is tracking the storm and jeff flock as the latest travel delays. Where is the storm heading . Is it getting worse . Luckily traveling in the eastern u. S. There have not been a lot of fun but thankfully the worst has already occurred. Many of us will be looking at improvement over the next 24 hours but lots to talk about on the busiest travel day of the year, retain close it to the c
Now. But im still im still trying to understand what we as the u. S. Are now supposed to do with all this given what is going on internationally. I think about it a lot. I never come up with any answers. It is like im debating myself. I feel like i could do a good job on both sides of the debate, which shows you that it is a quandary for anyone trying to deal with it. I got to say, i dont i feel a little bit of empathy for the president on this. Even though i dont i think we put ourselves in this position. We put ourselves in a box. Everybody agrees we put ourselves in a box. If it is that we feel like we have to do something to just keep our credibility, thats not necessarily a great reason to go get involved somewhere. I still if we were going to do it, i kind of am with Richard Engel and others that say, if youre going to do it, have an objective. Shut down his air capabilities, maybe tip the scales in favor of, you know, the devil you dont know. Maybe there is good people in maybe
And of course, the latest lightest volume of the year yesterday, and the fed may respond to dday later at the fe meeting. And today, the publisher newspaper business, the post and can he do for papers what he has done for books . And the big black and blue ibm shares falling under Credit Suisse. And michael kors up strongly after sales, but American Eagle outfitters are losing altitude after issuing a profit warning they post in a couple of weeks. Meanwhile, a stunner the world of media, Washington Post selling the Newspaper Publishing businesses including amazon to jeff bezos, and Julia Boorstin has more on that blockbuster deal. This news took everyone including editors and writer at the post by surprise. The Washington Posts Company Whose name will change saw the stock rise with caplan tech being sold and now what the billionaire icon plans to do with the newspaper. Jeff bezos stressed what a newspaper plays in a free society, and he says that the newspapers duty remain s s to reade
Losses. Weve seen the nasdaq move into the green today and make record new highs that we have not seen in 13 years to the nasdaq. Dow and s p, though, pulling back, no highs today. There is certainly this negative tone to the market today. The dollars been flat, most of the names on the Dow Jones Industrials are lower theyd with a few exceptions, about 24 of the names are read while only six are green, so that is a lot of names pulling back today. I wanted to also look here at fossil. They make watches, accessories, due to report, analysts now citing some skepticism, barclays, for example, they are now predicting that theres going to be deaccelerating sales trends based on what they have been doing the checks and finding this out. We are seeing fossil to the downside. Back to you. Lori thank you for that. Commodities, gold fell, get this, fifth straight session now, longest slump since may. We are in the trading pits of the cme. Phil, gold, wow. It is hit today, lori. It has to do with
Lori knocking on the door of dow 14,000. It will be an exciting hour. I am lori rothman. Melissa we crossed it and now we are below it. I am melissa francis. The dow about 200 points shy of a new alltime high. Lori 157,000 jobs added last month. A small pit in the 12 Million People still looking for work. We will be asking why a strategist is not buying into this rally today. Melissa breaking news on ubs new strategy. Charlie gasparino is here on that in just minutes. Lori we are now just 30 days away from a huge reality check. Sequestration deep acrosstheboard. Lets get an update on the market as we do every 15 minutes. Our very own Nicole Petallides. That jobs are for pushing the dow to 14,000. Nicole this is a really exciting day. When you see dow 14,000, it is a psychological level that sony people have been waiting for. We are back to those levels that we saw in 2007. At 13,997 and change. Lets take a look at that s p 500. Also a winner there. You do see where we have that popped