Congressmen start cracking, breaking with the white house . Change their minds, go against obama care. Sue is down at the nyse. Hi. Hi. We begin with breaking news, but not here at the nyse. At the nasdaq. Seema moody is there with the latest on trading glitches and halts earlier today. Whats the latest . Sue, the nasdaq indexes have resumed trading after an unusual halt where the nasdaq composite, the nasdaq 100 among other nasdaq specific indexes were not updating. Stocks on these indexes were not impacted. The nasdaq says it was an issue with its Global Index Data Service 2. 0. Apparently this feed experienced a brief disruption of service, but since then, has recovered. The nasdaq says it continues to investigate the issue. Again, no Equity Exchange operations have been impacted but this is still something that traders are watching, especially in the options market. Sue thats the latest. Seema, thank you very much. We turn to obama care now because it is taking center stage on capi
Then, now i can move over here, there is sue, the it fed, decision time, one hour away and where does america stand on job creation . Its critical, obviously, to the fed and to the economy. Adp number out this morning, not so great. Lets check in with you at the nyse. Youre absolutely right, and we will get to that but we want to start, ty, with the fireworks on capitol hill as Kathleen Sebelius goes before the house energy and commerce committee. Bertha coombs is on the case on capitol hill. Over to you, bertha. Sue, the hearing lasting more than three and a half hours and members of congress usually a little more def ren shall to a cab meth member but they did hit secretary Kathleen Sebelius hard on a number of issues. She started out by apologizing and taking responsibility for the website nurse and its improving every day. Clearly there have not been enough but she said none of the contractors who said they raised red flags said the problems warranted delaying the october 1st rollo
Practices that created the wealth in the first place . New Yorks Cardinal Timothy Dolan about to tell us in an exclusive cnbc interview. All those stories and much more coming up in the kudlow report, beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. Its a pleasure to be back after the christmas vacation. We are live here at 7 00 p. M. Eastern and 4 00 p. M. Pacific. Obamacare coverage begins in just two days according to hoyle. Now about 2 Million People have enrolled in the plans, half from the federal and half from the states. But the question to ask is how many are actually enrolled and how many have actually paid . Only about 75,000 apparently has paid. And thats a long way from the administrations goal of 7 Million People that are enrolled and paid up. The question is will the Insurance Companies be pressured to cover everyone, paid or not, on january 1st . Nobody knows the answer to that. So lets talk. We have dan mendelson, avalier Health
Fail and if it is, should you leave your money there or not . S theres a big discussion, sue, about whether some of the big Asset Managers are systemically important, ie, too big to fail. Indeed. Thats been a discussion recently, ty. Well talk about that. We also are talking ate the nasdaq, pushing higher today, but its had a few lack laster days recently. So questions are being raised about whether the tech heavy index is setting up for a bigger pullback. The nasdaq is, however, still up 36 in a year and thats nothing to shake a stick at. And since that march 2009 bottom the index is up 210 . So should we cue the bear video . Perhaps. Because its cold. We picked polar bears today. Arent they cute . A number of stocks at the nasdaq already in bear market territory. What does that mean for all the other stocks there . Sheila dharmarajan is bear hunting at the nasdaq. Hey, sheila. Hey there, sue. The nasdaq is staging a little rally today, but when it comes to the tech heavy index trader
We continue to move to the down side. We should add as we enter this hour, were off about 41 points. The nasdaq, though, bucking that trend. We should show you the tenyear yield as well. Thats been up ten basis points today. That gdp number had a big impact on that. Its up nine basis points to 2. 55 , and the 30years 3. 2 right now, so moving quite higher. But im stealing oh, now its at 3. 30 , as a matter of fact, 3. 31, do i hear 3. 32 . Im stealing Rick Santellis. Troubling reports out of russia and ecrane, things that may be escalating. Stocks may have lost early gains on those worries. Well talk about all that coming up. Also, forget tax inversions. Now outversions are the new Corporate Tax trick. Oh, thats right, yeah. Youve got to look up on cnbc. Com. You wrote about that on cnbc. Com in a story thats getting a lot of interest right now. It involves companies spinning off their Real Estate Holdings into Real Estate Investment trusts, all, of course, blessed by the irs. Some sto