What happens if the response is more aggressive and more violent. Hong kong, of course, is a vital city for global business. We will have a live report from the center of the turmoil and will be talking with some experts on where this may go from here. Meanti meantime, whens going on over there and here and affecting your money. Time for our Closing Bell Exchange today. We have sam stillball, larry glazer, renee norris, derrick gruden and our own Rick Santelli joining us, as well. Renee, you believe we suffered technical damage in the market last week. What do you think thats going to do here . Where are we going, do you think . You know, i am really watching that on top of the fact of a major divergence of the russell 2000 and the large cap index so i am watching that closely. I do think that this could be the Tipping Point for the correction. Between the geopolitical issues were seeing, this divergence and the fact that its a tired market. This is one of the longest periods of time w
U. S. Equities and we are at this point at this moment the dows down about 3. 3 from its most recent peak. The nasdaq the russell, the s p all down a like amount right now. Lots of key levels to watch today. The fact below 50 in wti crude, some of whats happening in the rate space and waiting to talk about that but again were starting off the year in a trading session that people love to extrapolate for moves from here on a weak note. It goes without saying this final hour will be very instructive. Do they start to buy on the dips . They havent yet. Or do we get even more selling come into the picture in this final hour . As mentioned, as we get into this final hour underway here the dow off 340. Nasdaq off 1. 7 . The s p off almost 2 and biggest decliners in the dow are energy names and also the financials. Theyre also a Big Industrial name like caterpillar and a lot of other companies with international exposure. Last we checked two components of the dow are positive. Merck and cocac
Move to unlock shareholder value. Well tell you those names and examine how realistic those moves really are. Plus getting into exclusive reaction to the breakup of former chair Ralph Whitworth. Looking forward to that today here. Lots to discuss with him. The government on trial over the bailout of ag in the financial crisis. Literally on trial. Former treasury secretaries testifying along with ben bernanke. All key figures during the worst of the worst six years ago. Well tell you whats happening in the courtroom and when to follow along. Also, ebola fears not subsided. That victim in dallas in Critical Condition fighting for his life. And we have had late word he has been given an experimental drug. And it has moved one stock although thats the least of the important part of the story. But were hoping that this will work. We have a late report coming up from the cdc in atlanta with the very latest on that important story. And of course, you probably heard by now that a case has been
That a good or bad idea . Voices on both sides of that issue. We have the latest and you get to chime in on whos right in that battle, as well. You can see on an otherwise up day, all the table stocks are lower. The president in china at a quick summit announcing a visa program thats expanded and on the same day china is the top suspect in a massive hacking attack on the u. S. Postal service affecting more than 800,000 postal workers. Can we have truly normal economic relations with china while they continue to hack america at will, seemingly . Looking for one Great Holiday deal this year, dont look for it on black friday. Thats right. Turns out the best deals come on a different day. Which one . Which one . Well tell you later. Not one i thought if thats an indication. I thought it was all right, all right. Not the one you thought. An hour to go here into the close and talking about alltime highs on the indexes. The dow up. S p adding and the nasdaq with a gain to 4648. We have kim fo
That stock is undervalued. He thinks it should double in price, kelly. Hes also talking about them getting into tvs, bill cars batteries. A lot of great fodder for industries that should be paying attention. Maybe he wants to merge apple with tesla . Or going back to his investment last week in lyft. Charlie evans said the fed should not raise rates until next year. Will that power up this beaten down sector . We will hear from both sides, coming up. And why you had a little hint here from melissa lee a moment ago. Why is Consumer Reports calling teslas 120,000 top of the line car undrivable. You dont want to hear that for that expensive a car. There is a twist, bill as ever with this one. It is an interesting story. Thats coming up. In the markets right now, the blue chips, Dow Jones Industrial average bolstered a little bit by apple as bill mentioned. Up 0. 25 . In record territory. The s p is as well here at 7 points higher on the session. The nasdaq adding 31 at a level of the mome