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Right now. Its great to have you with us on this thursday. Our Investment Committee stocks giving up big gains the dow is up more than 185 points earlier in the session. The feds front and center. Policy makers are gathering as we speak if jacksonville Steve Liesman is there, speaking with philly fed harker his comments really impacted the markets here. Reporter yeah. I think maybe the key is this. That harker is not a hawk but his talk or his answers to my questions were somewhat hawkish. Heres what he said when i asked him, you know, where should rates be where should they go ididnt think the cut was appropriate, necessarily, but i went along to it to get back to neutral. But im on hold right now. My forecast is hold where we are for exact one of the reasons is that that i think we run the risk of creating too much leverage in the economy. Reporter that comes against t ....
That requires a 6. 4 decline we are just around that level at the moment the s p is on pace for its worst week since november 2008 the nasdaq since january 2016. You know what, the dow especially, comparing it to 2008, the drop we had was Something Like 17 yes, its the worst since then, but were still nowhere near where it was 18 . Was it 18 thank you. The key level is 23,885 if we go below that at the close. It is the worst week since 2008. But nowhere near as bad as that week. Exactly well check the action as we look to close out this week. What a week its been. Bertha coombs is at the nasdaq watching the movement there. Bob pisani on the floor of the nyse bob, lets start with you on the session today. Im a little encouraged today for the first time all this week because were starting to see a little bit of buyer interest let me show you an intraday chart of the trading activity. Ive circled the key point almost every day this w ....
Plans saying it does not go far enough to address the deficit. Lincoln and temple are among five universities caught in the cross hairs. Now a total of 600 million for those institutions are on hold. We collaborate our Veterinary Health care with the Human Health Care and really kind of intertwine our treatments and diagnostics. The university of pennsylvanias vet school says services at its two animal hospitals, Research Programs and overall assistance to. Students would be in jeopardy. Were the only, we draw people from hours away. Temple is only saying it is studying the implication. I think they should put themselves in our shoes. Schools are hoping for the best but beginning to prepare for the worst. Aundrea clinethomas, nbc 10 news. Now this developing story. A congressman from the pittsburgh area is resig ....
We want to begin with bob who covers twitter. Bob, you with me . Its good to have you as always. You follow this as closely as anybody does. What do you make of the speculation around this company . The stock has had a pretty good run from 14 to 19 and change. Is a take out becoming more likely. We dont think theres any take out possibilities in 2016. I think they want to see those things they want to do resonate. Jack has only been there for a year almost and the board is new. I think they fully support jack. I think you have to get through those changes and if youre on current trend which have been getting worse in 2017 you could see a take out on the that point. That meshes with what im hearing today as i talk to people. Im told that jack and the board still think that they can unlock value, that theyre not ready to sell, but at the same time they would be realistic if they got an offer. The last thing they want is to pull a jerry yang and get an offer and turn it down and two years ....
The MVUs were jointly launched by Union Cabinet Minister for Fisheries, Animal Husbandry & Dairying Parshottam Rupala and Nagaland CM Neiphiu Rio on Friday. ....