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Transcripts For CNBC Power Lunch 20140904

The state of the American Housing market. First, though, to sue whos here at cnbc headquarters because the traffic was so bad in the city. It is really awful out there today, ty. I had to turn around and come right back. Were going to talk stocks which are marching to new record highs. Growth in the u. S. Services sector surging to a nineyear peak. Europe announcing a big stimulus plan to revive that region. Major ramifications with that move. So lets take a look at how things are faring right now. Dow jones industrial average is 35 on the trading section. S p 500 up about 4. 5 points. Up for the first day in three the nasdaq the best gain in more than two weeks. It is traded on the up side by better than a quarter of a percent. In terms of 10year note the yield was baumped up to 2. 45 today. Lets take a look at the dollar versus the euro especially with the move earlier this morning. You can see we are moving off the lows of the trading session, right, ty . That is right, suit. Thanks

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