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Gold steady around 1275, as for europe, mildly week action despite an eightmonth high in uk investor confidence. We are right up against the deadline. Senate leaders say theyre hopeful about a deal today. Our Credit Rating on review for a possible downgrade. Twitter selecting the New York Stock Exchange over the nasdaq for its highly anticipated ipo. And apple saying it will cut orders for the smartphone in the fourth quarter. One day to go until the debt ceiling deadline. The ball is back in the senates court this morning. Meantime, fitch has put its triple a rating on negative watch meaning ...

15 billion. It could be the biggest internet deal since google. Not everyone is ready to buy in. This is todays wall street throwdown. Scott martin is ready to go allin on alibaba. He is also a fox news contributor. We have brian sossi, is saying stay away, far, far away. Scott, go ahead and get it started. Melissa, you brought up first and fores mow this is coming to the nyse, a New York Stock Exchange. This is major win for the. Change. A major win for the u. S. Number two, a growing company. Roughly two billion in revenue makes by the way, a billion in profit, bigger than ebay and amazon in...

And the number the headline number for the Business Front index, 109. 7. Thats, again, the reuters Consensus Forecast for 110. 2. So missing expectations. Current conditions index, 1. 48 in june. Again, below consensus expectations, calling for 15. The expectations index, 104. 4 excuse me, 104. 8 in june and, again, thats below forecasts, reuters consensus calling for 104. 9. I guess to a large extent this was to be expected given the softer pmis we saw yesterday. It follows the survey we had for this month, too. We will dig into some of the more details about that. Scott, weaker there on some...

Dow jones industrials. We havent been there for some time over the last couple hours. Interesting to see us getting a little pop here the dollar strong ran the vix tire and durablegoods orders rebounded into september and looks better than august and initial jobless claims fell below expectation. We are looking at the dow up almost ten points gaining 0. 1 . Proctor and gamble is the best performer on the dow, one of the names helping the dow along. They came out with their numbers. The profit for the first order rose more than expected. Shareholder, talking about cutting costs to get things ro...

Look at how its weighted. Theres a big move there with Microsoft Holding the gains. We hit the high of the session minutes ago. Much more on steve balmers resignation, but now, much more importantly, who gets the nod as his successor . If you got excited about a housing recovery, hold your horses for a moment. New home sales for the month of july fell 13. 4 to a 394,000 annual rate. That is the lowest number since last october. Rising Interest Rates, of course, could be the culprit with the 3 30eyear jumping but its important to remember monthly data are volatile and subject to large revisions...