Combination with the animal orchestra. I think youre right. What happened to him. Thats what i mean. We just called him a sensation. At one point he was, right . 33 million views not bad. But still a fraction of the super bowl. Hes not opening in las vegas. Was he the true one hit wonder . There were two. It sounded very similar. Did it . That happens with the one hit wonders. You know what works. Go with it. Lets get you up to speed in the markets. The u. S. Equity futures at this hour at least. Youll see yesterday the market ended near the highs of the day. Were looking at red arrows again but this is what it looked like yesterday before the market started taking off during the session. You can see the dow futures down by 50 points. S p futures off by 5. Lets tell you about the big stories were watching as well. Its official tlied the heaviest day of earnings season among the names mostingposting results before the bell. Pepsi and procter gamble. Its a lot. Weekly jobless clamsims an
3760. S p 500 up 36 points. Up by better than 2 . All the major averages clapping on 2 moves. Stocks skyrocketing on signs today lawmakers are moving towards some sort of a short term debt ceiling deal. Bob pisani, they sure made a big bet that the meeting scheduled for 4 30 p. M. Eastern time at the white house will go well. Thats what were focused on now, bob. Thats right. All of this on a belief that a deal is going to happen. Take a look at the Dow Jones Industrial average essentially closing a t the highs of the day. We were all up throughout the day. Took another leg up on the hopes, again, these are hopes that maybe getting the Government Back into business, getting the government working again, might even be part of the deal. Most people thought it wasnt going to happen throughout the day. That aspect of it. But thats hope springs eternal. Take a look at what we had moving today. The important thing is people kept saying were getting ahead of ourselves. Theres no real deal out
War on the poor. My district is also very low income. Manufactured housing is a big deal. 50 of the homes in my district are manufactured housing. And yet, the policies really made it very difficult for banks to lend on that. I suspect that your staff has made known to you that these pressures exist. Have you all discussed that in any greater detail that wed need to look out for the people on the low end of the income spectrum . Well, qm was a policy adopted by the Consumer Financial protection bureau. I think they are trying to address a set of practices that resulted in unsafe and unsound okay. Well, thank you. Lending. But it is very important to monitor their impact on credit availability. One of the reasons that weve been able to get by with a qe is that were the worlds reserve currency. Has the fed thought at all about whats going to happen when more nations are expressing discontent that were printing money and were devaluing what theyre holding . So weve seen countries trade wi
His death in the path of a new york subway train. Crazy people running the streets. An uninvited guests slithered into a backyard in florida. Somebody else got the shower on the sideline. Jamal crawford who i think should be an allstar coming off the bench is dangerous. Be still. And all that matters. Hillary clinton plans to go back to work just in time for the new year. Two reather than get angry and you show it you live a lot longer. He gives a speech about hitting the debt ceiling id like to see if he could even count to 1 million much less 16. 4 trillion captioning funded by cbs its friday welcome to cbs this morning, everyone. Im jeff glor with rebecca jar sis. Charlie, gayle and norah are off. There are predictions but little progress in washington with a deadline for the fiscal cliff now just four days away. President obama meets later today with congressional leaders in one last effort to make a deal before the deadline. Major garrett is at the white house. Good morning. Repor
Halloween friday october 31st. Good evening, everyone. Well, nothing spooky or scary about this halloween friday on wall street. Both the dow and the s p 500 surged to record highs this friday and posted gains of 2 or more despite all those wild swings. After todays wild rally, investors can thank Investment Bank for the stimulus plan. Also helping, some strong Economic Data right here at home. The shoppers index in the midwest rows more than expected. Consumer sentiment hit its highest level in more than seven years. Even though Consumer Spending fell last month for the First Time Since january, personal income rows nearly 1 , the biggest increase in more than six years. So add it all up, and it was a blockbuster day on wall street. The dow skyrocketed at almost 200 points, closing at 2,390. The s p added 23 to the new high of 2,018. Looking at the scorecard for october, the dow was up 2 , the nasdaq jumped 3 and the s p added more than 2 . Bob pisanti has more on this months tricks a