Page 6 - Warren John News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And s p lost 9. The market lost ground on concerns over the feds next move and soft Sales Numbers from macys. Gold up 15 oil up 12 cents. Cisco skids on earnings. The stock fell more than 2 dollars after the close. The tech Company Topped ananlyst expectations but the ceo says the economy is challenging and inconsistent. Cisco is cutting 4,000 jobs. Fight for flight. Attorneys for American Airlines and u. S. Airways are gearing up for a courtroom battle to prove the merging of the airlines wont hurt consumers. The government is blocking the deal with a lawsuit. Todd horwitz joins us now, hes w...

And that compares to that very first week, the monster week we had to launch this whole year. So to be the second best week says a lot about this weeks action. Bill mentioned boeing. Its the down stock. The one in the news. Accounting for almost all of the dows closes today after a fire aboard an Ethiopian Airlines dreamliner yet. It had hit a shy earlier, and now the shares are falling. The Trading Volume on boeing more than 400 above the tenday moving average. Thats accounting for 50 dow points. So look at where we are right now. The Dow Jones Industrials average would be positive if it were...

Is reacting to comments from fed chairman ben bernanke that economic stimulus will continue for now. Homebuilding stocks were among the sectors helping the market pound out gains. Gold bumped 37. Oil slid 1. 90. Meanwhile, at the treasury, a 117 billion dollar Budget Surplus as the government took in more than it paid. Mortrgage rates are on the rise. The 30year fixed jumped to 4. 51 , the highest in 2 years. 15year loans rose to 3. 53 . J. P. Morgan and wells fargo both report earnings today. Joining us now, scott bauer of trading advantage. On the Trading Floor, what is the trader talk today...

Also at all time levels. Nasdaq composite at 13year high, at 3,578. Dow saving fire works for july. Bob pisani, which led to todays record . A lot of people said, gee, mr. Bernanke didnt say anything different after the close. Maria, a lot of people think he must have said something different. I will try to give you the simple version. The highly accommodated comment that bernanke made essentially took the edge off of the tapered talk and fear off of the taper talk. Tapering can still occur. Everybody realizes that fed remains highly accommodative near a 0 Interest Rate policy. And i think tha...

First, all Government Spending ends on september 30. And that literally means if therethere is not a compromise reached, the entire federal government would shut down. A place like this that means like every civilian job like Tinker Air Force base, it means the district has four veteran centers your they wouldnt be open. Veterans hospital closed down. The National Weather center that give us as much warning as you can give anybody about the tornadoes wouldnt be operating. So thats a pretty contentious issue. Well also had the National Debt ceiling sometime probably in midnovember. That creates...