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Thatwould be julie would be one of the many superlatives we have had. The s p 500 earlier touched 2600 and it is nearly at that level. What is curious and interesting is that once again, these gains are coming on no particular catalyst. We have a holiday shortened trading week. We have got this big surge in stocks, technology in particular doing well. This is evidenced by the upsurge in the nasdaq. We also have some earnings reports to chew on. We have got two food related earnings, going in decidedly opposite directions. Hormel foods out with sales that beat analyst estimates, but on the flip...

Welcome to squawk alley. Im Carl Quintanilla with john fortt, sara eisen of post 9 of the new york stock exchange. The s p, the nasdaq, the russell all hitting record highs the dow is very close to a record of its own. Were in a period of time here seasonally the markets tend to do well. Its been about two weeks since we saw not only intraday highs, but even backtoback gains on the dow and s p. Technology is in the lead with some familiar names dom pointed to paypal, chip makers, technology stocks. The best performing sector of the year continues to plow this market forward deals are also a bi...

Doc, they draw the live. You get taxes through and go to 2850 on the s p. Okay. You dont, you get an air pocket pretty quickly of 5 to the downside that sound all right with you . I think that when we hit the new year, when we ring in the new year, if we dont have a tax plan passed, judge, we will see an air pocket. Dont know if its 3 , 5 . I doubt if its much more than that, but thats, like i say, a little over a month from now what im looking at if it doesnt pass, so not this week, but i think they will do it into the new year if that doesnt pass. Jim lebenthal, this goldman prediction about...

Informant that theyre going to be some real problems with a deal like this . In fact we also have herned that that uranium left the United States of america and went to canada, to asia, and to your are. We have more on the bombshell revelation in a few moments. Also breaking today, cbs news, as well as pbs firing charlie rose that he had encounters with several female employees. John conyers settle ad sex harrassment complaint with a staff member, that he did so, and we will have that. Blake burman, on the sanctions what does it mean, blake . Reporter remember, trish, the president was surroun...

David faber at the new york stock change well talk about the move and impact on tech, media and m a. Feet futures are up well get housing data in an hour and yellen speaks tonight the Justice Department sues to block the merger with time warner saying it would hurt competition and result in higher prices for consumers at t says it is breaking with decades of antitrust precedent by blocking a merger of companies that dont directly compete with each other. Well talk to the lead attorney in just a few moments. As you heard stevenson say, the suit defies logic and erat cal departure from decades o...