Thats right. Several sessions adding points and adding eight. Talking about the effect of the stimulus and people at the same time talking about as a currency race to the bottom. Round number five or six i think we are on. Expiration day, too. May be complications. Art cashin saying the bias so far to the upside and could change. The dow up half a percent and the s p 500 sitting at a level unbelievable, 2061. A lot of forecasts coming into the year closing at 2014 was aggressive. Now the nasdaq up about 9 and underperformer on the session hovering around 4711. Less than 300 points away from nasdaq 5000, too. Getting there. Lets talk about it in the closing bell exchange. With us this friday, hank smith, john wilson, peter chicini, christine short and rick s santelli in chicago. The sugar rush didnt last long for the markets. What happened, do you think . Well, you know, first of all, keep in mind, we have had a sugar rush going on and we pretty much cut the pattern with regard to quant
Here. Let me show you oil, wti crude, for a time this rally occurred even though the price of oil was sharply lower, as you see there, until near the close. And look at that turned right around and became positive again. Article carbon reminding us all day that to keep an eye on wti crude because its still calling the shots in this market now. That is an important point, we continue to debate those areas, as Oil Continues to fall or not. Retail names to focus on as well. Get to where we stand with the markets, an hour to go near the highs of the session, dow up 319 points, about 1. 8 exactly the same as the s p is at the moment of 37. The nasdaq adding 88 points a little pit outperformer today but only pie a little bit. Nevertheless, some pressure across the internet name there is, bill. Get to our Closing Bell Exchange for this thursday. We have got cnpc contributeor Heather Hughes with us. Hi there. Jim lowell from adviser investment. Joe hider from cirrus wealth manmanment with us m
From our studios in new york city, this is charlie rose. Cyrus vance, jr. Is here. He is the only the fourth person to hold the post in last 75 years and is circuit serving his second time in office. Chip brown wrote in some ways and might be the user to be the District Attorney in manhattan in an era where new yorkers are not inclined to do terrible things to one another and yet the da office still handles more cases than the entire United States department of justice. He has recently voiced his concerns about Cyber Security and other issues. Im pleased to have him to this at this table. As we were talking about, i knew your father well and what an honor it was to know him. He was such a great public servant. A very good lawyer. I think that was one of the secrets to his success. His i think people trusted his word which i think was you have to have that to be a good lawyer. It enabled him to work well with others around the world as they could trust him. They did not doubt he was a m
Terms about shutting down the american government. He speaks in cold war terms of not blinking when it happens. Letting the government drop before him as he gazes on in cold contempt. He uses the tactics of joe mccarthy suggesting now defense secretary chuck hagel, a fellow republican, might be an agent of this countrys enemies. Iran and north korea. Will the republicans fight back . Will they refuse to let their partys soul be grabbed by this new hard right that harkens back to the worst methods of the early 1950s . Will they or let the cruzs and pauls and the rest dictate the new terms of Political Warfare in this country where no one blinks even when the u. S. Government defaults on its debts, goes bankrupt and leaves the worlds creditors to pick up the pieces. Michael tomaski and jim moore. Lets talk about this thing now with ted cruz. Lets take a look at what happened last night and what happened there. Lets talk about republicans by the way, before we get to some of the pictures
Teddy roosevelt and an american constitution, the american conservation movement, the party of reagan who signed the deal with the so theests that eliminates Nuclear Weapons could be going ballistic. Ted cruz talks in brinksmanship terms about shutting down the american government. He speaks in cold war language of not blinking when it happens. Letting the government drop before him as he gazes on in cold contempt. He uses the tactics of joe mccarthy suggesting now defense secretary chuck hagel, a fellow republican, might be an agent of this countrys enemies. Iran and north korea. Will the Republican Party fight back . Will they refuse to let their partys soul be grabbed by this new hard right that harkens back to the worst methods of the early 1950s . Will they or let the cruzs and pauls and the rest dictate the new terms of Political Warfare in this country where no one blinks even when the u. S. Government defaults on its debts, goes bankrupt and leaves the worlds creditors to pick