Consumer discretionary stocks up the most. Utilities the biggest losers. And while individual trading sessions may have been choppy, it was another month of low volatility. The vix remained below 20 for the fourth consecutive month and thats the longest streak since february of 2007. A big part of the market story has obviously been a big topic dominating the sunday talk shows. Tim geithner arguing republicans need make the next move in negotiations. Republicans have said that they dont like those reforms or they would like to do more. And if thats true, then they should tell us what they would like as an alternative. Build on those, tell us how. But we cant react to anything until we see the details of the proposal and we need it on the rates and revenue side as well as on the spending side. Weve given them our best view what makes sense for the country. Meantime john boehner says that his party has a plan and he has already offered dozens of alternatives. You can cap deductions at a
Republicans without qualifiers, we kind of looked the other way when this group was doing its own thing. I think the Government Shutdown was the straw that broke the camels back. Senate. They the money againsting me. That opened the floodgates. Then all the other one started piling on and asking the same questions. Last few weeks there has from theiful silence more a survey part of the party. Everyone is involved. Seeink you are going to more of a concerted effort financially, structurally, in the media, and it is a way of not just eating defined by one very vocal group not just being defined by one vocal group. They go out in the cold and rain. Lot to get me to protest these days. I think this has been good. On your first question about obamacare, the best thing to happen to obamacare was the Government Shutdown. Who waser asking a guy about two and a half weeks in when we finally started talking about the website and all the problems remember there were glitches. When can we start ca
Itll be interesting for black friday, cyber monday and heading into the Holiday Season to watch to get the idea of how the consumers are feeling for the holidays. The dollar is lower, commodities are higher. Transports giving it a go, getting ready for planes, trains and automobiles. Back to you. Melissa thank you so much. Gas prices continue to drop, but it is not all good news. Prices at the pump are the highest they have ever been on a given day. Sandra smith in the pits of the cme with more on todays trade. Oil reacting to the news of the ceasefire between israel and hamas, first of all. Sandra it certainly is. Not really sustaining the selloff. Currently down 0. 24, still a little bit of a selloff but nonetheless prices have been coming down into thanksgiving weekend. A lot of drivers hitting the road, 34 million of them writing. Obviously the ceasefire has an Immediate Impact on prices going down, but a lot of you say oil and gas will be going higher the rest of the year. We have
Attention, it is 72 times faster than the original ipad. 72 times. 72 times. Because of the processor. You wont be stunned to know i still have an original ipad. It works. I have mine, too. Model a ford here. Later in the program jack welch will be here in the 4 00 hour. Well ask him about apple, how they should handle carl icahn. Plus a lot more with jack welch. Stay with us on that. I bet jack has an ipad air already, by the way. Folks programming and building the obama care website knew it was not ready to go. We have the reporter who spoke with insiders. We will speak with him and try to find out why the white house still insisted on launching the site despite those internal warnings. They have to clean up a big mess right now. The Dow Jones Industrial average up at 97 points, inching back to the highs of the day which will reach about 10 a. M. This morning. 15,488, last trade of the blue chip average. Nasdaq, gains once again, moving forward. 11 points higher, to 3930. S p 500, un
It looks like were looking at a lower open for the dow. As for the action in europe, really, the action focuses on italy where theres an impending political regime change. More on that in just a moment. The road map starts at the golden arches. Mcdonalds blowing out expectations for november sales after the dismal drop in the month of october. Hoping to fuel the rise, the bacon onion cheddar sandwich. Theres one thing for certain, taxes on top earners are going up. Turmoil in italy. Berlusconi throws his hat in the ring. Retail Sales Numbers out of china, hoping the economy is in fact on an upswing. Apple, enthusiasm. Jeffreys trimming its price target to 800 from 900, as apple shares do trade lower in the premarket. Well start with mcdonalds, posting better than expected november samestore sales, global comps up 2. 4. U. S. Samestore sales up 2. 5, offered by breakfast offerings, including that cheddar bacon onion sandwich, as melissa mentioned. Jim . People are saying the u. S. Maybe