Vast majority of caucus members and my guess is a lot of other members as well. Maria president trying to make it shut down this morning as he attends the National Prayer for us to washington. We will bring you his remarks live at 8 00 a. M. Eastern. Join us for the National Prayer breakfast this morning. The political turmoil. Take a look at yesterdays performance. Things calm down before the close for the dow still traded better than 500 points after the 20point decline yesterday we are looking at another decline at the start of trading this morning. 75 points lower right now. Three points on the nasdaq and seven a quarter quarter lower in the s p 500. A big day for earnings among the top names. Cvs, kellogg and viacom for the big one we watched this morning, twitter up 14 cents per share. We bring you those numbers as soon as they come and for the quarter of three quarters of 1 . Europe this morning stocks are lower. Down almost 1 as was the cac and the dax and germany done better t
Trade. Heres a good example. 3m, down 4, 1. 6 . Thats almost 30 points in the dow. Another Big Industrial name. Excuse me, scott, lets move over here and showing you boeing down almost 4 thats another 30 points essentially off the dow, 1 . Another Big Industrial name. Then we get to some very specific stores, this Health Care Story weve been telling you about, the berkshire story and amazon story look what its done to United Health group this is the Biggest Health insurer in the United States dow component. 10 to the downside, thats about 70 points in the Dow Jones Industrial average another specific story mcdonalds down 6 mcdonalds had good earnings beat but they have that big 1 menu there are concerns that cheap menu might drag down growth. Thats another 40 points you put these four stocks together, thats about half the decline in the better than 300 points we saw . It the dow dow is priceweighted. Theres not much positive today, but the market is very defensive in tone. Theres some
The debt bomb threat returns. Thats the push and pull for investors good for stocks trillion dollar deficits higher Interest Rates thats bad. Hence, volatility politics u susan rice she of benghazi wrote a memo to herself for the very moment of Trump Inauguration in it she insisted twice that at a secret meeting president obama had had laid down the law to the the fbi. They must investigate russian medaling by the book. He was not asking about initiating or instructing anything. He was completely removed from the fbi probe. His hands were entirely clean. Two republican senators pownsd the memo odd as they call it. Yes, we have a big show for you today stay there please. A terrific olympic story for you. Varney company is about to begin. [laughter] oh, you have to love this. The u. S. Wins another gold at the olympics and this is a really special one. Khloe kim 17 year old a near perfect run in the snowboarding half pipe she was way with out in front of everybody. By the way, she had qu
Not seen the kind of range today we have seen in recent days, that changes in the markets prove me wrong. We swung from a loss to a gain. It is a smaller loss than we have seen in recent days. Still, the volatility is there, or the swings are there and daily averages. There was no catalyst that seems to send stocks higher. If you look the daily range, with the average, you can see that today, yes, the range is on a relative basis somewhat smaller. Overall, the range has really ticked up recently. Lets zoom in to get a better look. There you have it. Here is todays daily range versus where it has been recently. It is higher on balance that it was last year on a typical day. . Hat is leading stocks higher we have Consumer Discretionary stocks performing well today. Ther armour is helping lead gains there because the companys earnings and revenue came in better than estimated even the north american revenue still fell. The rates of decline is still smaller than it has been in recent quart
Index was off triple digits. Bu compared to what weve been seeing lately it hardly. Register some say investors took a much neededhe breafter the recent bout of heavy volatility. Whatever the cause it was the third consecutive sessionf gains. The Dow Jones Industrial average closed higher by 39 points. The nasdaq added 31. And the s p 500 rose about seven. But as bob pisani reports, both the bulls and the bears are trying to figure out what might happen next. The dow moved in a 280point range from todays high tolo yet compared to the last two weeks its quiet. Amazing. Are things finally startg to settle down . Volume today was well below the recent average. The s 500 trade three times normal volume much olast week. What a titanic week it was. Now that the dow rorecouped ughly 40 of its losses from february 1st, the big debate is what happens next . The bulls would argue the correction was technical and there was no fundamental driver behind it they say earnings are growing and the Glob