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taper? no. probably not. i ll leave that to kelly evans. 2.7. we ve been hanging around that range for some time. let s go overseas and take a look. it was really asia that had the strongest markets in the world with the nikkei in particular. can you see it up 2%. 7.7% last week for the nikkei of course, they re pressuring that yen again, the dollar gets stronger and you see what happens as they re trying to get thing back on track in a sense after a gdp number that was a little lower than some had hoped for. let s get to our road map this morning. where does it start? the dow and s&p, starting from another set of new highs and looking to extend the overnight cali throughout. moody s cutting its ratings on bank saying the government is less likely to jump to rescue in the future. and paulson and loeb piling into fedex. let s start with the markets, futures are on the rise. the dow and s&p all look to set new record highs. the s&p, by the way, fewer than 10 points ....
without one. we had 30 all-time highs if memory serves last year. it was one after another. right now we re only about 20 points away with the 20-point rally we re seeing. stocks are hitting these highs amid a week that continues to be driven by controversial charges that the market is rigged. yesterday memorably the author of the book flash boys michael liewis was challenged on cnbc. today we have the whistle-blower highlighted in his book. we take a closer look at if any retail investors are impacted by what lewis is alleging and if so, by how much. looking forward to that. everybody is still talking about it on the floor here. also with us today, that guy right there in a first on cnbc interview sirius xm boss mel karmazin. it s national autism awareness day. he will be speaking on a personal level, his grantson has you autism. he s working on his third retirement. he ran cbs for years and sirius and xm. if you have been wonder what these pins are four, itr, ....
unprecedented but it is rare. we ll ask people about that. the industrials bounce back today and what appears to be a de-escalation in japan, letting putin claim he s pulling troops back from the border and is calling for a dialogue on the crisis. is the market reading this one correctly? and we ve got jim brent coming up in the 4:00 hour. he s some of the guys that gmo have been saying if you want to wade into an area that s incredibly cheap albeit risky it s russia and gas prom. that trade paying off well today. we ll talk to him about that. the russian market up 6% today after mr. putin made those comments. another big day for the earnings. after the bell, stand by for tesla. they lead the pack of my profile stocks and among them momentum players, could move in a big way based on those numbers. also reporting an hour from now. 21st century fox. the move arm of what used to be news corp. green money and it and many more so we ll get to those coming up in the next ....
improved. it s the talk of the town. even as inflation numbers go up, it s counterintuitive. is the stock market bracing for a curveball that it wasn t expecting, a report showing a big jump in inflation on the wholesale level is raising those eyebrows and concerns that if inflation really is starting to rear its ugly head it could change everything for stocks and the economy. we will take a closer look at that story coming up here momentarily. also ahead, more problems over at the irs. paying out $13 billion in tax credits to people who weren t qualified to get that money. the problem so bad that one in four payments shouldn t have been made, and this has been going on for years. why hasn t it been fixed? larry cud lowe is coming in and weigh i weighing on thoughts. and the flap over flappy bird. so addictive that its young vietnamese create ore pulled the game because the pressure, he says, was running his life even though it made him a multi-millionaire almost ....
we have done our part. c-span: we are running out of time, and we have not started talking about what we could be talking about. are the americans getting at all leery of the way the israelis are handling this? have you found people here in the country that are mad at you? guest: i think that the not of the people here understand it s a war. it s a war which different methods are used. it s a war. it will take israel in the last day, and israel the state, jerusalem, and a worker killed by his by arabs met up and buried and before he killed him, he cut his lips, took out his eyes, and skinned him, and he said that don t this is nothing wrong. i think the people here do not understand that we are facing a war, and so today, the new york times, a story about the futility of arabs dealing with other arabs, killing them because they would not cooperate or they would not accept the plo or center piece of them. they kill them. they murder them. they bury them a ....