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I am manus cranny. Cut to junk is the verdict from standard and poor, the first time in a decade it has dipped that low. Russia expert Ryan Chilcote is here with us. Along with stephen king will be with us, the chief economist at hsbc. Great to have you with us stephen. Ryan, was this something we thought were coming . One person said we have not then asked in terms of the centralbank. It was widely anticipated and came a bit earlier and s p said it would, by the end of the month and the results of the review. It was not entirely priced in. I doubt i thought the head of Sovereign Rating and de...

Confidence number in 11 years. Thats how the market rebounded. Climbing 191 points s p vaulting 1. 34 and nasdaq 1. 39 . Yep, you needed to see oil stabilize. Buy buy buy. And see the consumer final recognize that gasoline is not going back to 4 and change any time soon. To encourage buyers to take advantage of the incredible bargains that this seemingly endless selloff has created. It doesnt hurt that for a day we didnt get earnings disappoints, a bunch of regional banks last managed to not stink up the joint with their awful numbers. And the oil service giant made us feel its not the end of ...

Well have the numbers the moment they cross and the best analysis in Business News. Of course we are waiting for president obama during this hour to speak at the white house. Set to speak about his request for congress to authorize money and power to fight isis abroad before they infiltrate the United States. Well bring you, of course his comments live as soon as he takes the podium. Lets have a look at exactly where we are on the markets right now. The dow at its lows was down 109 points. Its quite a strong comeback although i guess for your Broader Market the s p still negative for now the t...

About 300 the day before that, continues to the upside. Up 83 points or half of 1 . The s p 500 mentioned right now up 14 points in record territory closing here and the nasdaq composite adding 27 and half of 1 . Lets get right to it with our Closing Bell Exchange on this friday to wrap up the week. Gerard fitzpatrick. Steve sax. Pat ty edwards. And kenny pulcari. Patty, questions to the women today seem to be the theme here, what do you think happens . Is this a santa rally . Have we just put it in and seen the gains . All rebalancing and a quad witching effect . What do you think is going on...

Seen in the dow just since yesterdays highs. We talked yesterday about the outside reversal we had and what that meant technically. Art cashin among others really focused on what this has looked like from a trading point of view even as people are arguing about the fundamentals and speaking of which, lets talk about a couple wacky things going on in this marnth. Ket. Well get you all angles covered. Why are mining stocks being routed . How come retail sales look so weak when gas prices are so low . Will europe come to the rescue next week with their version of quantitative easing . And does al...