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CNBC Closing Bell December 29, 2009 - Vimarsana News

CNBC Closing Bell December 29, 2009

the strength in disney, general electric, coca-cola and 3m. gains in consumer staples and discretionary stocks. when you look at the broader markets that offset the weakness in the energy sector. we saw slight gains in crude oil. energy stocks have been down throughout the session. another group that has been weaker throughout the session have been the airlines. you might recall yesterday they came under pressure on concerns about that failed bombing attack. they are lower once again today. the transports have rebounded from yesterday's decline, up 28 points. nokia has filed a compla...

CNBC Squawk On The Street December 29, 2009 - Vimarsana News

CNBC Squawk On The Street December 29, 2009

oil is also still up. pretty big story this morning. we are now above $79 a barrel. picked up now by 54 cents. of course, we have predictions for chillier weather going into the new year. that could possibly be one of the reasons and geopolitics are front and center as well, aren't they, mark? and now turning to the breaking news on the u.s. housing market. the s&p home price indices report for october showing home prices -- i'm interested in this headline as well. maybe i'm in a nitpicking mood. home prices still improving? isn't it -- aren't home prices actually still falling? da...

CNBC The Call December 29, 2009 - Vimarsana News

CNBC The Call December 29, 2009

let's take a look an at an intraday chart, up 21 points and trading in a narrow range of 35 points and as brian mentioned earlier. light volume on the big board. 166 million shares have changed hands and up volume has a slight edge over down volume by a margin of 7 to 6 today. the dow jones industrial average on track for a seventh straight gain. if it does for the s&p 500 it will be the first time since we've seen gains since august 2006. also technical areas to watch. traders telling me 1140 is near-term resistance for the s&p, breaking through the 1120 area which had been an area ...

CNBC Squawk Box December 28, 2009 - Vimarsana News

CNBC Squawk Box December 28, 2009

topic, what was the top story, would you say? she looks like she could just start talking there. >> do you want to know the conan thing where you move the mouth and you do the talking? >> a survey by freddie mac predicts that the average rate on a 30-year fixed rate mortgage could hit 6% by the end of to 10. freddie mac's deputy chief economist says this is because private buyers will demand a hire rate of return on securities than did the fed. lenders may have to raise the rate in order to make that happen. mortgage rates hit an all-time low earlier this month. but then last week, r...

CNBC Squawk On The Street December 28, 2009 - Vimarsana News

CNBC Squawk On The Street December 28, 2009

well. the dollar a little bit weaker. among the stocks we're watching, fannie and freddie are rallying very big this morning. freddie is up about 25%. fannie is up 20%. this on the news the government is assuring it will support these gscs for the next three years essentially lifting a cap of aid or a cap on $200 billion of aid so, again, both of these stocks rallying on that news. we're also watching retailers and airlines. retailers because of that news out of spending pulse that retail soles rose 3.6% during the christmas season. helped in part by an extra shopping day and also ai...