Steve Bernas News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In general had another blow out day wednesday. With the dow up 108 and the nasaq 32. Gold fell 4 dollars. While oil cruised above 94 dollar. Good for a two week high. Also making news jcpenney plans to close 33 Underperforming Stores and cut 2,000 jobs in its latest turnaround effort. The retailer is also bringing back Commission Pay for certain positions. And yahoo coo Henrique De Castro is leaving the Internet Company effective today. Todd horwitz of average joe options joins us on this thursday morning for a check on the markets. Good morning todd. Good morning angie. Weve had a big down da...

Below 16,000, the nasdaq lost 37 points and the s p 6 points to close at 1792. Gold faltered by 14 dollars and oil fell 88 cents. In earnings after hours sales force. Com traded in heavy volume with loses and gains. The Company Reported earnings that were in line with estimates. And Urban Outfitters shares fell about 1 after post revenue and profits that topped expectations. Another active day for walmart the retailer is being sued for firing protesting employees. And will hold a food drive for its own workers. Jpmorgan and the Justice Department have reached a 13 billion settlement deal over ...

February for stocks. Dow clinched 4 in gains. The s p 4. 3 and, nasdaq 5 mixed news about the economy came into the market friday. 4th quarter gdp was revised down from 3. 2 to 2. 4. While manufacturing numbers out of chicago took wall street by surprise by improving slightly from january. From the retail department. Bloomberg news reports the secret service is investing sears for a suspected hack attack. Sears insists its security was not breached. And the wall street journal reports jcrew is in talks to be sold to a japanese retail company. Trader daniel stecich of athena Advisor Services is...

High. Gms cars recalled for faulty ignition switchs remain on the road after a texas judge denied an emergency motion to stop the cars. The illinois attorney general launched an investigation into the Business Practices of herbalife. The stock fell to 55 dollars friday. The Company Denies the allegations. Chris gersch of altimus capital is on the Trading Floor for us this morning. Good morning chris. Good morning angie. Stocks are hanging tough, even with stumbles from google and ibm. You hit it right on. As far as the market is concerned it is holding on to whatever gains it had last year and...

Chips are now back to levels we have not seen since the financial crisis in 2007, when the dow hit an alltime high of 14,164. Amazon amazes despite a drop in profits. Last night the e tailer reported strong holiday sales of its kindle ereaders and a boost in operating incomes. The Federal Reserve makes an announcement on rates today around 2 15 eastern, wrapping up a twoday meeting. And the senate has confirmed john kerry as the next secretary of state. Joe cusick of optionsxpress join us now. Joe, there is a lot to talk about this morning, including the dow closing in on 14,000. What is your ...