York city all the way out to the west coast in california. With that. And Silicon Valleys zen master will join us today. This is the guy that the tech giants like google turn to when it wants to boost productivity and innovation and spark creativity in workers. Youre going to meet him, down at the nyse today. Thats going to be an interesting segment. Are you channeling your inner trader, ty . I am in a zen state of mind, sue. And stocks unfortunately are not in a zen state of mind, down about 73 points right now on the dow, the s p 500 is off about 5 and the nasdaq is down just fractionally. Think about the week we have just gone through. It began with the removal of Larry Summers as a leading candidate to be the fed chief. Then the tragic shooting in washington. The nontaper day on wednesday. And now, votes in washington about defunding obama care and continuing resolution. Theres a lot for investors to mull. The first week with a lot of unsirtsty. China did not fall apart. We saw eur
Picked up. New york and philadelphia indicated that Business Activity had rebounded from weatherrelated slowdowns earlier in the year. Consumer spending increases since the previous property in majority of districts, in part due to better weather. The beige book says, and manufacturing improved in most districts. Also, thanks to the better weather. Melissa. Melissa lets get to james romelli. Peter, stick around to see how markets are reacting to this news. James what do you see . Only, reaction on beige book are muted. Looks like the markets are holding the bid relatively well. One thing traders need to be aware of around the release of the number. It is holiday week. Volumes are things and easier for algos and institutions to hunt for stops. Vix is higher today. Markets hold these levels i think or head higher into the close. Melissa james, thanks so much. I want to bring in my group now. Federal reserve chairman janet yellen speaking at the new york economic club. Peter is here. We h
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