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in los angeles. liz: good afternoon, everybody. i m liz claman live at the beverly hilton hotel in the heart of beverly hills at the milken institute conference for my final show before heading off to omaha. much more on that in just a second, but just to let you know, this hallway is crawling. we just saw actor chris tucker, the sportscaster tim gray is a rare to my right. people are schmoozing. we got an interview with the co-owner and chairman he s just moving around, but the co-owner and chairman of the milwaukee brewers. you have to hear what he says. a big, big financial and business man with good ideas. he will give you the real feel of the conference. just a short time ago we learned that the federal reserve plans to keep that qe in place again. it is going to stand by its economy stimulating measures, but the fed did stress that it can reduce or increase the bond buying program anytime, depending on what the economy needs is not need. people are waiting for. a lot
United-statesIndiaBeverly-hillsCaliforniaBrazilChinaHollywoodRussiaLos-angelesSpainLondonCity-of the latest out of boston. three more suspects have been arrested in connection with the marathon bombing. let s get to the new york stock exchange and nicole petallides. nicole: yesterday was a new record all-time closing high. over the last hour or so, we have seen a little of a loss. the tech heavy nasdaq is the worst of the three. we have gotten our adp report numbers. not as many jobs were added as many had hoped. merck has been weighing on the dow jones industrials. right now about eight negative dow points come from mark. that is a disappointment. it is down about 2.5%. much like what we saw from pfizer yesterday. lori: thank you as always. you and 15. melissa: the move showing oil hit a record high. phil flynn is in the pits of the cme. do we have storage for all of the oil? we are running out of it. i can tell you that. it is all about the oil boom you will be talking about a little bit later. we are hearing concerns out of saudia arabia. they are getting nervous. s
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