Persing Square News Today

Tuesday is in the orange, or red, whatever color it is on your screen there. That is the last hour of trading on both of those days, and it traveled about 3500 points monday in just the last hour of trading, down 1600 points for a time, and then a 500 point or 900 point swing yesterday. As you mentioned, we had a big swing in the last few minutes here well see. Anything happens in the final hour of trade. More from bob on todays move, bob . Reporter other things moving things other than the vola...

Two great Leadership Groups taking over. I was looking at the stocks today beaten up, and the fundamentals are beaten up as well such as the rax space, and microsoft and intel and going down the list and the few that are not moving. And cisco, and the chips and this is what jim krcramer said this morning. There are two types of tech, tech that is cloudrelated and the digital seagate and microsoft, and we had a positive piece about microsoft, and positive talk from cowen saying to get ahead of We...

Europe, a couple hours left in the trading session. Mixed picture, pressure in spain and italy. Ireland, u. K. As well, and portugal in the green today. Road map begins now with markets setting up for a lower open after yesterdays bounce back. All major indexes logged the best day in two weeks. Target slips in the premarket after lowering the outlook and raised estimates of expenses related to the data breach. Cochairs hire ahead of the open after the company handedly beat expectations riding a ...

Its great. And for you, especially. It was your idea. Its great for all of us. Lets get you caught up on the business headlines this morning. Three big stories we are watching right now, oil prices are up plunge again. Main benchmarks trading at 5 1 2 year lows. Brent dipping below r50 for the First Time Since may 2011. The latest Oil Inventory data is out at 10 on 30 a. M. Today. The adp employment report is coming at 8 00 a. M. Eastern time. Then we go minutes from the latest fed meeting. And ...

Immediately. A lot of moving parts here. It is completely overhauling and remaking this company. It just depends on which businesses fit in with the ones you have and how you want to position yourself for the future. Were talking to lickliter, arent we . We are. From eli lilly. Novartis is up 1. 25 in reaction to the news, Glaxo Smithkline is up by more than 4. 5 and eli lilly up by 0. 5 . A couple programming notes for glaxos ceo, sir andrew witty will be here. At 7 15 eastern time as joe just ...

Look to portugal, tenyear rocketed to 4 , was 358 friday as the european indexes there are firmly in the red. Road map begins with the sell off on the globe; jobless claims fall from a week ago, and european worries drag down equities in the u. S. Family dollar profits fall for the third time as Carl Quintanilla icahn continues to push for the sale of the company. Costco, sales flat in premarket despite same store sale numbers strong. Allergan fights back after the bid to take it over. Well hear...

Whats driving it . S in past 20 minutes, theres been a reversal, dow and s p snapping a two session losing streak, up arrows across the board right now, and dows up 48 points, and, well, we have more declining stocks than advancing ones, but up arrows. This is what happened. Moments ago, the Atlanta Fed Bank president essentially said this tapering that we are talking about and expecting to happen next month might not fully happen because the Economic Data that weve been getting is relatively un...

Thats right. Following the averages, the dow, nasdaq, s p posting gains. We had backandforth action and seeing whether or not its four Straight Days of losses, in which case, it would be the longest losing streak; however, its turned around. Solid gains at the moment for the dow at 52 points. Jcpenney up 7 , as you noted, lori, at the top of the show, its jumping. Theres been reports, and theres an analyst covering this as well, but theres speculation as to whether or not they are true, but ther...