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Right now and thats what the markets rallying on at the moment. Pore sure. Were focused on reopening of the government. Market continuing to see flows into stocks. Take a look at investors cannot take this weekend off. What happens at the white house between president s and republicans could determine what happens when that bell rings monday morning. If the deal goes sideways, so could this market. Well be talking with republican buck mckeon, who was in the room with the president when the talks began in earnest. Jpmorgan, they take a loss. Ceo jamie dimon not at a loss for words. Billions in litigation fees and legal problems swinging his bank to that loss for the quarter. Hes now speaking out, suggesting the government is not being reasonable or fair. Well have more on this still developing story coming up on todays closing bell. Lets check the stock market as we approach the final stretch for the week. Dow jones industrial average shy of the high of the day with a gain of 8 5 85 poi ....
Is about to bite us in the assets. Sues out, im in, tyler at the nyse. All right. Great to be with you. Futures, of course, this morning a bit of a bleak story, but its been a pretty good day frankly. Certainly for the s p 500, certainly for the nasdaq compass sit. Is wall street worried washington will not get itself together before the next set of deadlines. January 15th to fund the government. February 7th for the debt ceiling. What is the worry here . Theres not much if you look at the spx at 1729. I think thats an alltime high interday and the composite look at that, 3856 and that is, what, 140 some points away from 4,000. 90 days away from the Government Shutdown, maybe another one, 113 for the debt ceiling. The alltime high for the s p as we said, was 1729 and look, we dont have it on there, but well get to it. 1729. The industrials down just 33 points. But a large reason for that is ibms troubles. Its a highpriced sto ....
But it if you have held the stock for five years, you are up a full 435 . So obviously that was a winning bet. Josh lipton is angering our coverage from beautiful San Francisco. Over to you, josh. Yeah, sue. Were here at the event just about to start as you said what were expecting here apple to unveil some new ipads. The questions, though, the features, the price points. Those are the kinds of details were looking for. Different speculation about what we might see for a full size ipad, will it be lighter, thinner . Is it going to have the 64 bit a7 chip that means it would run more data quickly. Also, might it have that fingerprint sensor like the 5s that would mean no more passwords. For the ipad mini, is it going to have the outfitted with that high def in this retina display, everything would be sharper. The colors you might see for the ipad mini. Some think maybe theyll come out with a gold iphone mini like the gold 5s nicknam ....
Senator cruzs capitol hill crusade last week on the senate floor, to this one, Silvio Berlusconis new threats that have investors all over the world getting nervous once again, strange bedfellows they, getting worried once again about europe and with european problems and washington worries, the big question this hour, should you be getting into this market or out of it . Listen to the president on tape. The senate has passed a bill that keeps the government open, does not have a lot of extraneous issues to it, that allows us then to negotiate a longer term budget and address a range of other issues, but that ensures were not shutting down the government and not shutting down the economy at a time when a lot of families out there are just getting some traction and digging themselves out of the hole that weve had as a consequence of the financial crisis. Ive said before, congress has two responsibilities. Pass a budget and pay ....
Today as they prepare for the battle of the beltways. The burgundy and gold take on their heated rivalry, the baltimore ravens. Theres more than just pride on the line in todays game. News 4s derrick ward is joining us from fedex field. Good morning. Reporter good morning. Its a gray day. At least the rain has let up for a while. Thats good. Of course, we know about the importance of this game for the redskins. Should they win today and the giants lose, the redskins will be tied for first place in the nfc east. But seeing were playing a team right up 295 this game results in a lot of regional rivalries as well. There are some bets from the county executives of Howard County and Prince Georges County. Howard county executive ken almon said he would pick up trash on Prince Georges County and singing and wearin ....