It was for a moment. Ital ital italys Coalition Looks Like it will survive and the ecb standing pat with Interest Rates. Adp, because of the shutdown, the the only number were expected to get this week comes in under expectations. And george soros making a claim that the euro crisis is over but the European Union may not survive. And what is microsoft without bill gates . Some investors are pushing for gates to be removed from the board. And the three major ipos, brands that you know, well bring you the first trades as soon as they open. First up, futures moving lower on day two of the Government Shutdown, this on which data from adp shows private sector added 166,000 jobs last month, below expectations. The numbers taking on more significance as fridays release of the jobs numbers has been hindered by the showdown. The president hosts 19 ceos at the without today, center stage is jamie dimon and, jim, heres how the papers are playing the shutdown. Heres the journal, capitol digs in fo
Hundred avenue to be considered for continuance to november 21st, 2013, you further im pleased to announce we received a written notice that the dr at the brood rick street has been withdrawn for item 19 interest let me just confirm yes. Thats all i have commissioners thank you. Is there any Public Comment on the two items proposed for continuance. Seeing none, Public Comment is closed commissioner wu. I move inform continue items one a. On that motion to continue to item to november 21st roll call calling names . So moved colleagues that passed 6 to one id like to ask item two to are continued as well as. That will place you under our consent calendar and theyre considered to be routine address they will be one roll call vote. There is no separate matter unless so asked for by the staff or committee. Item 2 the case on the richardson avenue for consideration and there is a question for knld use. Item 4 for case 1c at the 194 port tall avenue request for authorization and item 20 at 20
Every piece of data we got was positive. The dow at one point down 123 points. Before we get a remarkable comeback from the lunch time swoon thats become a staple of the last four days of trading. The dow is down 24 points. And nasdaq advancing 0. 02 . We are still in a good news bad news mode until the last hour of trading. But we saw a glimpse of what could eventually happen when we started accepting good news for what it really is. Plain old unadulterated good news. Today eill tell you how we can rally to still higher prices. Although it might be too early for it to occur in a sustained fashion. But i dont want to tell you how we escaped from the box. One thats still keeping the majority of stocks from advancing until you know what kind of positive data im talking about. First, we got money from the National Payroll processor, showing improvement. Why do we care about the number . Because it comes two days before the most important economic data. The nonfarm payroll report and many
Cap have, and what they jobs are still open. You see monks here at a temple in tokyo ringing bells to celebrate the new year. They are right outside, as you can see. New years is getting underway already in tokyo and overseas. New zealand started off this morning. Welcome to our new years eve edition of market makers. The final day of the year. We have breaking Economic News as well. Consumer confidence numbers are just coming out. We get a better than expected reading in Consumer Confidence for the month of december. Eric, you are just checking that this is the highest since when . September. Calexico decline has been revised higher to a read of 72. It is in line with what we have in seeing. University of michigan, confidence index, all rebounding from lows they saw a couple months ago. So we are coming off of base here. This is certainly a way to tie in how people are feeling as we head into the new year. It is backward looking because it included the runup to the Holiday Shopping se
A pretty rough session in asia. The nikkei lower today. The ecb outlining their plan for stress tests. By the way, stay tuned for our interview with ecb president mario draghi a little later on. Dell out telling two different stories, caterpillar, cutting the forecast, citing a difficult year. Then theres boeing raising its guidance and upping its production schedule. And our live interview with starbucks chairman and ceo Howard Schultz. The company is looking to expand its empire beyond coffee. Carl icahn selling shares. Well discuss the best time to get out of a stock. Boeing raising its fullyear guidance. On the flip side, caterpillar is falling after posting huge numbers, missed the street by a very wide margin, cutting hits fullyear outlook. Ceo Doug Oberhelman was on squawk box this morning. Ive seen cycles over my 39 years. This one is pretty acute in mining. The rest of the business is hanging in there. Jim, he said its been a tough year, hell be glad to see it go, hes still bu