Better performing housing sector . We well, it really feels like a santa claus rally is getting under way. Stocks are up for a third day. As we stand, lets take a look at the numbers. The dow is currently sitting at 17,559. It is not break even get for the year but it is up. The s p 500 is one point in the green for the year. Its crossed over that break even line so many times. Were rich, were rich, were rich. I never thought santa was going to come, and i still believe in santa. Oil soaring. New data showing a big drop in inventories. Crude up more than 4 , about 3. 9 for west texas. Highest levels in more than a week. Gasoline up 5 tracking for its biggest oneday gain since last november. Well, as for chipotle, those shares are edging higher this hour by 0. 2 , but the embattled mexican fast food chain has been taking drastic steps as the restaurants try to contain the e. Coli crisis. Morgan brennan has more details on this. What are they doing . On the heels of the outbreak that sic
Cs. With congress on its summer recess, the cities tour is on cspan every day at 6 00 p. M. Eastern. Today we head to wheeling, west virginia. The first major highway built by the federal government. Well take a look at civil war battle flags and recount senator Joe Mccarthys enemy from within speech which he delivered in wheeling in 1950. T next, legal analysts talk about government surveillance and data gathering technologies in the digital age. They examine the role of congress, the courts, and the administration in enacting rules to protect consumer privacy. American university hosted this event. The senior counsel with the National Association of criminal defense lawyers. If you missed it, but if youre watching online and you have questions you can email them to nacdlquestions gmail. Com. Xrikz well do our best to get them asked. For those tweeting weve been tweeting with the hashtag Fourth Amendment. So feel free to use that. I want to introduce the moderator of our next panel, w
I want to recap for our audience as to where we stand right now. The plane crashed in the ukrainian area near the russian border. 295 people on board, 280 passengers and 15 crew members. An altitude of 30,000 feet when it was reportedly hit by a missile, david, you are also a veteran of politics in washington, what will be the impact now on this on the political landscapes specifically as i asked the same question with regards to russia, ukraine, and the United States . You have a pentagon, going through their own tapes. Not so much the aircraft, but what they were looking at on the ground. The United States has spy satellited military shiites that are tracking literally every piece of equipment, they can see literally down to the size of a Bumper Sticker on this stuff. So the pentagon will be going through, saying where did this Missile System was a praise of it. Where did it come from, who did it belong to. Once with that information goings up the chain of command, and you have the c
Index. The retail earnings day. After the bell, dreamworks and sam adams. Beer in retail. We will get to that in a bit. Commoditiesnd continuing. Futures lighter. Nymex crude, again, stable. Moving onto foreign exchange. We look at the yen at the bottom. A huge deal. That is a weaker yen as the government manipulates the room ramimbi. The gamimbi euroyen 140. 78. This is the dynamics of what revenue is doing. The dynamics are bringing that found the income statement to cap profits are doing. Looks like a disappointing quarter for home depot. Missing on earnings and revenue. That means revenue fell about two percent. Overall, comparison comparable csales. Is the fullyear Sales Guidance also lower than estimated coming in at 4. 8 . The company was looking for five percent. Obviously home depot has been hit with the weather issues. Spring very important to see if there is payback. The Fourth Quarter does not look great coming in at the low end of estimates. Rbc Capital Markets saying whet
Alcoa is up right now. And it is 4 00 on wall street. Do you know where your money is. Hi, everybody. Welcome back to the closing bell. Im Maria Bartiromo on the floor of the new york stock exchange. The market closing lower for a second day in a row today as we kick off the Fourth Quarter earnings reporting season. Take a look at how were settling out on the street today. The Dow Jones Industrial average off the lows of the average with a decline on the session of 55. 75 , about onehalf of 1 . Volume not great. 562 million shares at the big board. S p 500 down five point, a third of a point at 1457 and the nasdaq composite gives up some ground to the tune of seven points. All the major averages ending off the worst levels of the afternoon. Market closing lower for a second day as earnings kicks into high gear. Alcoa reporting moments from now. Well have the moments on alcoa and tell you what that may mean for the rest of the earnings season. Mark newton is with me, a gray wolf executi