Page 4 - James Ramelli News Today : Breaking News, Live Updates & Top Stories | Vimarsana

500 the blue chips pulled back 40 points. The nasdaq gained 5 and the s p fell 4. Gold continues to gain momentum. Yesterday futures rushed up 58. Oil fell back abother 1. 85. Meanwhile Mortgage Rates tumble. Now that the Federal Reserve plans to continue taking measures to stimulate the economy the 30 year fixed is averaging 4. 5 the 15 year is 3. 54 . And words of wisdom for wall street are coming from billionaire investor Warren Buffett and bank of america ceo brian moynihan. Buffett tells cnbc fed chair ben bernanke did a terrific job during the financial crisis and should continue leading...

President obama will speak to members of the un today. He will likely seek diplomacy in the syria situation. The presdient of iran will also be speaking. The Chicago Tribune reports citigroup is cutting 1,000 mortgage jobs. And chrysler has filed for an ipo. The company is partially owned by fiat. Lets get the ball rolling this morning with Michael Gurka of spectrum asset management. He s on the floor of cme group. Good morning micheal, its been a while. Good morning. What do you think is behind most of the buying and selling in the market right now . What are some real market moving catalysts...

Out this morning. The market predicts 163,000 jobs were added to payrolls and the Unemployment Rate will remain unchanged at 6. 6 ahead of the news there were more buyers than sellers on wall street. The dow added on 62 points, the nasdaq lost 6 and the s p closed up 3 to an all time high of 1877. Thats the 50th record in the past year. The wall street journal reports cerberus has reached a preliminary agreement to buy Supermarket Chain safeway for 9 billion. The deals value is 40 dollars per share. And music, film and interactive festival south by southwestl starts today in austin texas. Lady...

Good to see you both. See you later. 15 seconds left heading towards the close, off the highs of the day but a new fiveyear high for the dow and we wait for apple an netflix numbers. We get those numbers right here on the second hour of the closing bell. Welcome to the closing bell. Im Michelle Carusocabrera in for Maria Bartiromo who is on assignment from davos, switzerland. Bill griffith will rejoin me in just a moment. The dow closing at another fiveyear high. Another within 400 points of an alltime high. Heres how were finishing the day on the street. The Dow Jones Industrial average is hi...

2012. Its due in part to a breakout above 450 in apple. In other market action, the dow and the s p stayed near the flat line as Traders Await the Federal Reserve meeting that gets underway today. Gold pulled back 4 and oil lost 1. 45. Jc penneys backtoschool traffic is picking up at least on its website. According to a research firm, jcp is number 2, behind walmart, in traffic on its site featuring backtoschool items. And Community Health systems heals a deal by paying 3. 9 billion to acquire Health Management associates to create a giant hospital chain. Larry shover of sfg alternatives is am...