Federal reserve. Nicole petallides, and we need you to stay healthy. Lets look at major markets, Dow Jones Industrials down again, 6 did a row below 15,000. Fourteen thousand nine sixtythree, a loss of 40 points. The nasdaq managing to squeeze out fractionally, the isnt the 500 lower. And retailers, American Eagle outfitters, j. C. Penney and down arrows, homebuilders after a good existing home sales, as you noted with an non federal some should today and later in the week jackson hole, some Economic News as well that we will be touching on. Connell all right, nicole. Latest developments here, football on your phone. This is a good story. Google wants to be part of it. Much has been made about this directv at making the rounds starring the manning brothers looking ridiculous. If you think they look like geeks how about these guys . Larry page to be the owner of your monday ticket. The contract is up with directv and the nfl after the 2014 season so that leaves the door open. Google cou
Connell job astarte is all over it. It is so much more. You have been on it from the beginning. One of the things i have been advocating over the years is the power rating. If you do not find the real high winds and one small area, like we see in some of the storms like charlie, remember charlie, it will spread out, it will be a larger area of very strong wind and you will get the same net result as it hits land. What we have been saying at whether bell is when it took the turn to the northwest, we have been on this for the last five or six days i actually believe it is a bit stronger than what the Hurricane Center is saying. South of montauk, there have been wind gusts of 130 Miles Per Hour. That would be close to what that barometric pressure is. That is now down as low as we have ever seen it. This is an extremely serious situation. All of the new jersey shore will be devastated. We will have record high tides in new york city. The only bright spot for new york city in this area is
Floor of the New York Stock Exchange. Nicole good morning, dagen and connell. A big piece of news here. This is obviously a big deal. Ninety dollars a share. You can see how the stocks are faring. This will create the second largest package food company. You can see the upside. Conagra is up about 4 there. Obviously, big news on that. The dow today down 41 points. He regained 3. 3 . Today we have come under pressure. The s p and nasdaq also down. There is a loss of about 40 points. Yesterday we lost about 42 points. Shortterm pullback is pulled back. Dagen thank you. If congress is unable to prevent the fiscal cliff, our lawmakers could send the entire World Economy into a recession. Steve moore is here, senior Economics Writer at the wall street journal. He joins us now from washington, d. C. Will they prevent it, steve . The good news is, no one should ever listen to what they say. But, you know, these go sheesh and keep rolling on. My sources on capitol hill say that there is still
Dagen you can finally get there from here. Walt mossberg on why Google Iphone maps app is so fantastic. Connell we both have it and it was desperately needed. Dagen i love maps. I am very, very happy. I am a very boring person. Connell walt will have his full review. Lets go now to the new york stock exchange. Lauren simonetti. This stock started the day higher. It actually took out a new annual high. The financials came out strong. They are down now. In fact, the only sector that is higher is energy. We await this press conference now. They become the second bank to settle regulations. We are down. The bluechip average up by triple digits. They have not seen a backtoback gain like that since july. The s p 500 was up by 1 both monday and tuesday. There is still hope down here on wall street that u. S. Lawmakers will have a deal. We are kind of to the downside. With that, i will send it back to you guys. Dagen what can we expect volume to look like . Typically, any traders take the week
Melissa welcome. I am melissa francis. It is like speed dating around here. Welcome, then this field. Dennis sam stovall for bulls and bears alike. What that signals for the market. Melissa kevin brady joins us with his warning on americas growing debt problem. Dennis president obama black on capitol hill for the Third Straight day. After rounds of discussions, are we anywhere closer to a budget deal . Will dobbs has that story. Melissa carnival having yet another problem with one of its ships. Dennis time for stocks now as we do every 15 minutes. Our own Nicole Petallides is standing by. Nicole we are really seeing another wedding day here on wall street. We got good economic numbers. Many of these people are surprised. To see up arrows again and had the eighth consecutive record alltime close for the dow. We are up about 62 points right now. Not too far off from our session and alltime highs. Some of the names that are helping the dial along our hewlettpackard, chevron and ibm. This