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Crude down 21 in july. That makes this the worst month since 2008. As you can see exxon shares down 4. 5 . Chevron down 5 today. Coming up. Labor posted the smallest increase on record in the Second Quarter. They started keeping the data in 1982. We will hear from somebody who predicts a september rate hike is off the table. We found somebody who said it may not be. Our segment which is taking a toll on the consumer. We will hear from Royal Caribbean ceo whose companys stock is hitting an alltime high after beating expectations today. A lot to get toompt lets get to the crude oil, this miserable month. The damaging effects of the oil collapse on earnings. Good afternoon. Let me talk about the settle for crude oil. 4712 to give you perspective. The Second Lowest weekly close that we have seen this year a very bear signal ....
Bell. The market down today. Washington is not even close to reaching a deal to avoid the fiscal cliff. We had a triple digit decline today. Here is how were finishing the day on wall street. At the lows, dow was down 189 points. By the close, we came a fair amount of the way back from that sharp decline in the morning hours. Volume very heavy today. Thats how he saw a lot of shifting in the volume for the day. 1. 2 billion shares here. Nasdaq gave up that 29 points at the close and the s p 500 down 13. 25 points. Five trading days left until the fiscal cliff deadline. Seven days until congress is back in washington. Raymond james says hes expecting the santa claus rally. Jeff is with me now also dean from barclays, Peter Anderson and our own rick santelli. Jeff, how can this market rally when theres still so much uncertainty out there . I am surprised the market held up as well as it did today, maria. It had every reason to be do ....
The deal for a vote on the house floor after it passes through the senate, but we were just saying, a reuters is quoting a senior gop leadership aide, whoever that is, as saying the outcome is unclear in the house vote. John harwoods in washington with the latest details. What are you hearing . Im not hearing what the outcome is unclear. In the senate you have, according to a leadership aide, republican aide tells me, 28 to 32 republicans are likely to vote yes. That is a substantial majority of their caucus. That would add momentum for the house of representatives. As of now, democratic leadership aides are expecting about 50 House Republican votes. That would be more than enough to pass it, unless some hitch develops in the drafting of the legislation. As of now, the senate is looking to vote some time in the 5 p. M. To 8 p. M. Hour. House sources tell me they will then take it up 8 00 to 9 00 and hope to get off the floor by ....
Such drastic and unprecedented means. Hes just trying to destroy the village. The most powerful person on earth doing the greatest damage possible to the oldest democracy on earth for the pettiest motive imaginable. Vengeance. Because he cant stand losing. Its pathetic, actually. I got to say. Did you see the press conference . The train wreck with Rudy Giuliani with the sweat and hair dye. Like, he was the the the conductor of this train week. Ne they took this one to 11. It was next level. Take a look. Rudy giuliani. There he is. I mean, we got to talk about giuliani. Can the producers from intervention, please, get in touch with his people and set something up . Legendary new york columnist once described giuliani as a small man in search of a balcony. Now, he is just a hot mess. The man once described as americas mayor appeared sweating with newly applied hair dye rolling down his face. It wasnt a press conference. It was a clo ....
Believes hes. Hes not motivated apparently by some greater end that justifies some drastic and unprecedented means. Hes not even destroying the village in order to save it, hes just trying to destroy the village. The most powerful person on earth doing the greatest damage possible to the oldest democracy on earth for the pettiest motive imaginable, vengeance. Because he cant stand losing. Its pathetic, really, and i got to just say, did you see the press conference, the train wreck with Rudy Giuliani with the sweat and the hair dye dripping . Like, he was the conductor of this train wreck. I mean, if you thought they couldnt top the mishegas at the press conference at the four seasons landscaping parking lot next to the, you know, the porn place, they took this one to 11. It was next level. Take a look. Rudy giuliani, there he is. I mean, we got to talk about giuliani. Can the producers from intervention please get in touch with hi ....