It is positive. Nine days of the last ten trading sessions. S p 500 also on track to close at a record high for the 52nd high in 2014 and nasdaq just turned positive for the month of december. And is trading around the highest level since back in 2000 and a close eye on the russell 2000. The index of small caps trying to close at a new high. We are seeing intraday records for the First Time Since june. If it does close at a record, thats the First Time Since back in march. And just think last october it was down as much as 20 from that march 4th high. Talk about a round trip for the small caps index. Incredible rebound. Talk about it with the guests today in the exchange. We have rob morgan with us. Jim lowell. Nicole sinclair. And our own jeff cox from cnbc. Com. We have trader Matt Cheslock and, matthew, ill start with you. What do you make of whens going on right now. Back at alltime highs including those small caps that were hit so hard through much of this year. Yeah, well, time t
Happening. Stocks are moving higher at this hour. It feels like investors are shaking off fears about the debt standoff between europe and greece, but folks, the action is really in oil. Prices plunging again after the International Energy agency warned of more selloffs in the near term. We begin with fears in the bond market. Were talking about, yep, puerto rico, and its debt crisis sending its bonds to record lows. Why does it matter to investors here . Many hedge funds and big Bond Investors have exposure to puerto rico. Kate kelly has more on the fallout. Big legal news the last few days on puerto rico which has been struggling with over 70 billion in debt as well as highend employment and other Economic Issues for some time now. On friday a federal judge blocked the islands efforts to restructure certain debt through a new law known as the recovery act that was passed last summer. The law was intended to help agencies like for example, the purity wroe ricco electric Power Authorit
Cyberattacks . The numbers are on the screen. Also send us a tweet or go to facebook. You can also email. We will get your thoughts in just a minute about whether or not the u. S. Should engage in a offensive cyberattacks. The five by five writer from rollcall joins us. Tim starks, what do we mean when we say going on the offense when it comes to Cyber Security and cyberattacks . Guest its a very good question. The line between offense and defense insider security is very narrow. Obviously, defending her networks makes it harder for people to intrude on them, but there are people who say part of the defense is offense. You know, you need to make it if someone attacks her networks, you can attack them back. It is a deterrent, if you will. There is no question the u. S. Has conducted cyber offense, you know, they would say in the name of cyber defense. You look at the attack on north korea probably as an example of that. After the sony breakin. But its difficult to define what cyber offe
Husbands ambush style shooting saturday, this tearful message from the widow of wenjian liu. We would also like to express our condolence to the officer and the family. This is a difficult time for both of our families. But we will stand together and get through this together. Thank you. Were also hearing from the sister of the gunman. He was emotionally troubled young man. And he was suicidal. If you have emotional issues and youre going constantly going in and out of jail, you know, prison, and clearly somethings wrong, he should have been offered help in the system, right, but he wasnt. Meanwhile, mayor bill de blasio is asking antipolice protesters to stop demonstrations until after the officers funerals. And the major police union say they will hold off making more politically charged statements about saturdays shooting in brooklyn. Brooklyn borough president eric adams tolles msnbcs chris hayes, the tension wont Keep Police Officers from doing their jobs. Im extremely optimistic
Spewing into the sky. Back in 2010 volcanic ash from an eruption in iceland shut down europes air space for six days stranding hundreds of thousands of passengers and costing the airlines billions of dollars in canceled flights. Howard, how is it looking out there . Right now pretty good here in toward pennsylvania, ohio, parts of kentucky and West Virginia. Showers and storms. These are matching east. I expect the Southern Area to kind of fall apart as it approaches the appalachians later this morning. But this afternoon refire. And thats what were going to watch as we head to the early to mid afternoon west and later afternoon here in d. C. So a 1 00, 2 00, 3 00, the Shenandoah Valley, the blue ridge. 5 00, 6 00 by us. Out toward stafford and toward tappahannock and cumberland, quarter mile visibility. The rest of us are okay. Its a warm, muggy morning. Readings in the 60s to 74 at reagan national. 66 in la plata. Well up in the 80s, mid to upper 80s for highs this afternoon. Lets br