Page 4 - Uptime Network News Today

Im not going to vote for any plan that will get a majority of republicans in the house. As a result take a look at the futures this morning. You will see that there are some red arrows once again. Dow futures down by 93 points below fair value. The s p futures down by 10 points. Andrew, ill send it over to you. The bond market today not open because of columbus day which may have a little bit of an impact in terms of the odd dynamic between the stock market and what people think is going on. Als...

Reports suggest an agreement on the shutdown is coming along. The 10year right around 2. 71 and europe is up on some of the highest german Economic Confidence numbers in the past three years. Our road map begins with anticipation. Two days from the debt ceiling, day 15 of the shutdown, still no deal on the table. But lawmakers say they are clos closer. A mixed bag of quarterly results. Citi, coke and j j. And blackberry placing an open letter to customers to reassure them, quote, you can continu...

Traders spent much of the morning waiting for speaker baner to emerge from the meeting with the House Republican s. He same out and said they made no decisions at all. Is it fair to say Speaker Boehner doesnt have the votes to get whatever they have on the table through the house . Yes. The situation is in flux right now and it was surprise because yesterday was all about the Senate Making progress, harry reid and Mitch Mcconnell on a plan that they were going to send to the house and count on t...

Business leaders who were really fed up with washingtonp. Were going to hear from them. These are people who have lost money including one Business Owner down about a quarter of a Million Dollars since the shutdown. Were going to give them a chance to speak on our hour and we hope washington will listen. Im going to look at this. How can i be here and there at the same time . You figure that out. The guy by the computer went and showed us where the error actually was in the string of code on tho...

Last two weeks. The yields on debt that comes due in one month have risen to levels higher than yields for maturity thats dont secure for six months. Thats a big deal because normally an issuer would pay to borrow for longer periods of time. The institutions want to avoid being stuck with debt in the event of a default. Citigroup has told clients it would rather not take treasuries on october 24th as a sign of collateral. Andrew, this a sign your money is no good here. Weve got more on the situa...

Its debt. We are three days from potentially hitting the debt ceiling, a move one bank ceo says would be a very rapidly spreading, fatal disease. We are on the grown in washington with the latest details. The deadlock in washington is weighing on stocks today. We are counting you down to the market open 30 minutes from now. Netflix coming to a cable box near you. A new report says the streaming Video Service is in talk with cable providers and shares of netflix are higher in the premarket. Still...

5s models as the less expensive 5c, that according to Intelligence Research partners. David we have learned that Sony Television pictures will become the first big Hollywood Studio to produce a new tv show for netflix. Netflix shares were already surging on news that the company could put an app on cable tv boxes, but this sent them soaring higher. Liz Advanced Micro Devices popping today as well after getting a wall street upgrade to outperform from neutral. Theyre in both the xbox and the play...

On those automatic spending cuts that were part of the debt deal a couple of years ago, ty believe it could be an opening to get rid o some cuts i exchange for revenue increases, creating problems for republicans here, and republans concerned about them wanting to increase spending levels without those offse were told that republicans are Standing Firm on that par part of increases will spending, perhaps kicking the rest of negotiations to a process to come later. Also a question of timin this. ...

On those automatic spending cuts that were part of the debt deal a couple of years ago, they believe it could be an opening to get rid of some cuts in exchange for revenue increases, creating problems for republicans here, and republicans concerned about them wanting to increase spending levels without those offset. Were told that republicans are Standing Firm on that part, part of increases will spending, perhaps kicking the rest of negotiations to a process to come later. Also a question of ti...

Dropped out cattle. All that and much more at this hour of market now. All right. Good morning, everybody. I am connell mcshane. Dagen had to leave early today. I will take you through the hour. Nicole petallides imposition at the New York Stock Exchange to start us off. Nicole good morning. Three days last week that showed some stellar gains. Today, obviously, there are some frustrations. Last week what we saw was a winning week on wall street. We keep an eye on washington now as the october 17...