Quietly introduced yesterday and promises to be an in home assistant to respond to the voice commands. If you have sy ri on the iphone, do you need that . Stock continues to lag. A lot may be riding on the surprise new device. What its about and what it means and brings to the table here in technology. Yes. We will. And now market where markets stand in the final hour of trade. Back and forth today, up and down on the back of the payroll report. Right now, the dow off 8. Is weaker by about 1. Nasdaq off 13. We should mention, of course, yesterday at least the dow and the s p closing at alltime highs here and just slightly below the levels for right now. Musics like game of thrones, isnt it . Parallels, im sure. Lets get to the Closing Bell Exchange for a friday. We have jeff taylor with us today. Ken mahoney, mike laguni, heather loo mismis and rick santelli. Heather, what did you make of the jobs report . Pretty strong. I think it continues a long trajectory of pretty good trends on j
Carvilles famous dictum about the president ial election has been turned upside down. We got an unemployment number that shows continued consistent job growth. Earlier in the week the republicans took the senate from a belingering democratic party. Lowest in six years and on top of yesterdays rally the dow gained another 19 points and the s p climbed. Nasdaq climbed. We spend a lot of time on discussing how our economy is the shining star around the world, the envy of every nation including china while our stock market is most robust on earth. It clearly meant nothing at the ballot box. While the voters want washington to do something, anything, work together, have a beer, investors want washington handcuffed and doing nothing. Grid lock has been a huge win for the stock market and official verification of it like this week despite plenty of talk that the republicans can work with the president is enough to continue to rally. Why does grid lock work so well for the market . Why is it s
She were to win. Shes really been able to, through the powerful personality narrative, sort of make braley very washington and very unlikable. Something to keep an eye on. If she is to win, she would be the number one surrogate any of those republican president ial candidates would want. Thats for sure. She could become a quick star. Luke russert in iowa, thank you, sir. This is such a surprisingly unpredictable election when you see what the numbers we have nationally. We needed two panels to sort it all out. Joining me now are some of the smartest minds in political analysis. Charlie cook, amy walter and two of our nbc pollsters. Fred yang, and bill, our republican pollster with Public Opinion strategies. You have just given us some brand new data. I appreciate that. Here is our generic congressional ballot likely voters, say they prefer republican congress, but its the slimmest of margins. And here is another surprising finding. In the ten Senate Battleground states which largely ha
Are jumping on to the gridiron, as of today putting up strong terrific performance. Thats one of the defining features of the final the year, at least a good year, a good one like this one. Its playing out even seemingly on a sleepy day. Believe me, though, under the hood, it was anything but. It was a downright ripsnorter of that rotation with lots of big winners. Alleluia , but also a lot of loser. They managed to cancel each other out. For days on end, this market has been led by the stocks of companies with very little sensitivi sensitivity. Pepsico has had a remarkable stealthy run, a move that picked up speed as the stock readily went to 90 to 100. Procter gamble, stuck in the 70 range for ages, suddenly broke out. It was a fantastic run for the company. And the new plan to sell the problem matt fick wella hair care big. And speaking of infrastructures, yeah, clean ex, spun off hallyard health. A name i will revisit in 2015. The stock kept climbic without it. They have been on fi
Throughout. Tom lee said himself, the financials, the idea that were out with some of those, that sounds like great news to him. Its something theyre going to be covering in squawk on the street right now. Expired, by which the underwriters can start saying what they think. And guess what eric schmidt thinks is the companys biggest rival when it comes to search. The answer may surprise you. Got his attention. A big day for Bank Earnings. Jpmorgan chase posting a Third Quarter earnings miss. Revenues, though, did exceed estimates, helped by fixed income, currency, and commodity training. Citi reported better than expected Quarterly Results while wells fargo came in right in line with what was expected for its Third Quarter earnings. The Bank Earnings coming one day after stocks posted the worst threeday losing streak weve seen since 2011. The s p 500 down nearly 1. 7 , closing below its 200day moving average for the first time in almost two years. I said 1. 3, it was 1. 7. And adding th