Of power lunch. Im tyler mathisen. And welcome back, tyler. Im melissa lee. Shares of apple moving lower right now as a big apple event gets underway. Its been a pretty lackluster year for the stock. As you know apple far underperforming the broader markets up by just about 2 in 2016. And apple shares are up just 8 since the company last introduced a new phone back in september of 2014. And im Brian Sullivan along with jon fortt, who will be here with us for the next two hours. We deliver all the breaking news, dig into everything apple and talk about where to put your money in tech right now. Weve also got a very special guest joining us in a bit, legendary z. Z. Top front man Billy Gibbons here. Very cool. But we begin, Kayla Tausche, she is live at the apple event in san fran where tim cook is expected to stage. Kayla, i think amazon may have jumped the gun a little bit here. Reporter oh, they did. And gizmoto was very quick to pick up on that fact. Amazon having a landing page for
So what we have to do is you know come back tomorrow, put the equipment on again and we go at it again. [ theme music ] bill good morning my fellow americans. And welcome to the full court press here on current tv. Great to see you today this thursday january 31st if you can believe it. Were coming to you live from our Nations Capital today bringing you up to date on all of the news of the day. A lot of job changing here in washington, d. C. A big hearing on guns in the Senate Judiciary committee, another shooting in phoenix, arizona yesterday, even while the hearing on gun control was taking place, and israel during an air strike deep inside of syria. John kerry said farewell to the senate. Hilarys final day is tomorrow. And then brennan the next director of the cia, and we have a new senator of massachusetts, mo calen, im telling you, you need a program to identify all of the new players around here. And now for todays current news update early on the west coast here she is Lisa Ferg
The last few moments we moved higher and we are positive for the week. When you check it out and industrials we are up 44 points and most of those names on the dow are in the green, names like hewlettpackard and caterpillar and bank of america and United Healthcare doing well. The fiscal cliff headline after headline continues to be in the forefront and on everybodys mind that this is what we are seeing, a decent market and the u. S. Dollar being weaker today has been a factor in the strength we are seeing as well. Connell treasury secretary tim geithner meeting with congressional leaders and doing so as we speak. Dagen peter barnes live from capitol hill. Peter treasury secretary tim geithner arriving at our or so ago to hold meetings with top congressional leaders. Senate democratic leader harry reid, now he is meeting with House Speaker john boehner, that meeting just getting underway, after that meeting with Senate Republican leader Mitch Mcconnell and House Democratic leader nancy
It was like we were in the 40s and 50s. Stuart our time is up. Dagen and connell, it is yours. Dagen thank you, stuart. I am dagen mcdowell. Connell i am connell mcshane. The economy when it negative. Privatesector job growth offering some hope for the road ahead. Connell you only see this on the Fox Business Network. Elizabeth macdonald ringing exclusive video showing us how hospitals are putting money before patients. Dagen research in motion rolling out the blackberry ten. A bandaid for a gaping head wound. Connell i love name changes. Dagen lets go to Nicole Petallides at the stock exchange. Good morning. Nicole lets talk about the markets. The dow is down about 14 points right now. We have had the dow not too far off of 14,000. There are five year highs that we are sitting at. The dollar had broken through. You have seen the euro at 13 month highs. With this environment, you are seeing gold up 20. This is the market taking a breather. It does not surprise people on wall street. Le
S p within striking distance of alltime record highs. The nasdaq had its best close since 2000. Gold moved up 12, and oil by 82 cents as it edges closer to 104. A microsoft management shakeup is reportedly in the works. The tech company is expected to detail its largest Re Organization plan in 5 years tomorrow. Exxon mobile tops fortune magazines list as the most Profitable Company in the world with 44 billion. The oil giant is followed by apple with 41. A backtoschool spending splurge shopper trak predicts parents will spend more because the economy is stronger now than a year ago. Its exciting times once again for the stock market. Larry shover of sfg alternatives joins us now. Good morning larry. Good morning. The s p 500 cleared 1650. What will that mean to traders today . A big resistance point. Shortterm, its going to get more people off the fence and into the market, but intermediateterm, a lot of people are on hold because not Many Companies really report their earnings until t