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3760. S p 500 up 36 points. Up by better than 2 . All the major averages clapping on 2 moves. Stocks skyrocketing on signs today lawmakers are moving towards some sort of a short term debt ceiling deal. Bob pisani, they sure made a big bet that the meeting scheduled for 4 30 p. M. Eastern time at the white house will go well. Thats what were focused on now, bob. Thats right. All of this on a belief that a deal is going to happen. Take a look at the Dow Jones Industrial average essentially closing a t the highs of the day. We were all up throughout the day. Took another leg up on the hopes, again, these are hopes that maybe getting the Government Back into business, getting the government working again, might even be part of the deal. Most people thought it wasnt going to happen throughout the day. That aspect of it. But thats hope springs eternal. Take a look at what w ....
Market closes lower after fed minutes hit wall street. Bob pisani here with all this action. Not the market doesnt know the fed is going to taper at some point, bob, any time its faced with that reality, we see sellers come out of the woodwork. Yeah. Were parsing every comment and cynical in here. You could prove almost anything reading these minutes. Heres the sense, let me put it up for you, that got people talking. Participants considered scenarios under which it might be appropriate to begin to wind down the program before an unambiguous further improvement in the outlook was apparent. Some people were talking about tapering sooner rather than later. I think thats the key sentence in the whole record. The tenyear, which had been moving up prior to this announcement, moved up even further. We were at 2. 71 at the start of the day. Closing right near 2. 8 . The dow drop the a little more than 100 points but ended off its lows. Still a decline on the day. Not surprisingly, United States , New York , Green Mountain , District Of Columbia , New Jersey , South Dakota , Liz Ann , Paul Jacobs , Charles Luna , Raymond James , Kathleen Sebelius , Liz Ann Sanders , Mandy Drury , Bny Mellon , Ron Heller , Los Angeles , Maria Bartiromo , Bob Pisani , Jimmy Carter , James Bullard , Erin Swenson , Tim Tebow , Andy Griffith , Elizabeth Wilner , Robert Luna , Wind Program ,
This market is heading and what regular investors should be focusing on with the legendary jack bogle from vanguard. Another legend, advertising icon Jerry Della Femina joining us. An interesting take on apples announcement on the iphones. Did the company botch it up . Plus he actively campaigned against Eliot Spitzer who narrowly lost the new York City Comptroller pot yesterdspot yes putin on the hits. House Speaker John Boehner calss it, quote, insulting. Nothing compared to what donald trump has to say. Heres here to respond to that. Where we stand as we approach the final hour for the markets. Dow jones industrial average off of the lows. Thats not saying much with a gain of a quarter point. Flat on day. 15,326 as we approach this final hour. Nas ....
Today. Remember whats been driving the markets in the whole month of september. Weve had syria and the lesser chances of a conflict there. Weve had better than expected China Economic data. On some days lower Interest Rates have helped Interest Rate sensitive sectors. Essentially we had none of that today. You could sense the market was kind of floundering. The dow traded in a very narrow range. You see closing right near the end of the lows for the day. In the middle of the day we did get a little bit of a pop. Disney provided some of that. Weve told you a lot about that. Disney buying back 6 billion to 8 billion in an announced buyback. They havent actually done it yet. See the effect. Thats a lot. Disney has got a market cap about 117 billion. Its about 5 of the company. Thats a significant number for a company that si ....
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