The e. U. We have adam shapiro from the floor of the New York Stock Exchange. Reporter it was an ugly day. If you look the speed with which this happened. We were down tripping digits on the dow for most of the day it was just after 2 00 we picked up the momentum. They are blaming the Federal Reserve Bank President out of boston. Hes a dove. He never talks about Interest Rate increases. The meeting coming up in two weeks. Let me give you the quote that had everyone on edge. If we want to insure we remain at full employment a gradual tightening is likely to be appropriate. He said a reasonable case can be made for tightening Interest Rates. That was the first thing that upset investors. We saw them pull out of stocks, treasuries and commodities. Toil closed down today. The chances of a Federal Reserve Interest Rate increase, if you look at what happened between thursday and today, the federal funds rate are look at a 24 chance. Thursday yesterday that chance is only 18 . The chance of a
Liz donald trump and Hillary Clinton going at each other bigtime, trump calling on hillarys camp for sordid past. This is risk reward, im Elizabeth Macdonald in for deirdre bolton. Others on Trumps Campaign side are targeting the clintons treatment of women. I find it so interesting that there continues to be this conversation about what he has said. When you look at what she has done, gennifer flowers, paula jones, Monica Lewinsky, my goodness. She didnt just stand by him, she attacked Monica Lewinsky. After being married to bill clinton for 20 years, if you didnt know the moment that Monica Lewinsky said that bill clinton violated her and she was telling the truth, you are too stupid to be president. Liz this is heating up, were monitoring a trump rally in michigan. We will let know what you he has to say. Back to the sordid past fight. When you think about it, its a sordid and unseemly distraction, we have the worst discovery since the great depression. Take a look again at the deba
It is positive. Nine days of the last ten trading sessions. S p 500 also on track to close at a record high for the 52nd high in 2014 and nasdaq just turned positive for the month of december. And is trading around the highest level since back in 2000 and a close eye on the russell 2000. The index of small caps trying to close at a new high. We are seeing intraday records for the First Time Since june. If it does close at a record, thats the First Time Since back in march. And just think last october it was down as much as 20 from that march 4th high. Talk about a round trip for the small caps index. Incredible rebound. Talk about it with the guests today in the exchange. We have rob morgan with us. Jim lowell. Nicole sinclair. And our own jeff cox from cnbc. Com. We have trader Matt Cheslock and, matthew, ill start with you. What do you make of whens going on right now. Back at alltime highs including those small caps that were hit so hard through much of this year. Yeah, well, time t
Today a top analyst says miller has the june part right but it wont happen until june of 2016 one year after this market believes it will happen. Hes here to explain why he thinks first move from the ned wont come until then. And Union Battles are percolating across america. The port slowdown out west and the governor of illinois blocking unions from collecting fees from workers that benefit from union deals but are not actual members of the union themselves. Well talk to aflcio boss Richard Trumka. Hell join us exclusively with reaction. Basically, if you look at the broad market it brings us positive for the year. Dow currently up 140 points. Session highs give or take a couple. S p 500 2,067. And the nasdaq up 1. 25 . Joining us now, our Closing Bell Exchange karen cavanaugh, Mark Spellman from alpine funds, eric ristman from russell investments, ron wiener from Rdm Financial Group and our very own rick santelli. Okay. Lets kick off then with lets go to karen first. Karen, what is t
Baltimores afc affiliate reporting that the medical examiner that freddie gray died as a result of slamming his head against the inside of a police van breaking his neck. The sources are citing the Baltimore Police report given to the citys chief prosecutor today but it wont be released to the public as previously thought. Fox is working to confirm that report. We dont have it yet. This is wabc affiliate giving this information. Of course cities across the country now bracing for more protests tonight including this rally kick off in fill definitely about an hour ago. Here to weigh in, michael good win, chief Political Columnist for New York Post and Fox News Contributor and chris stirewalt, digital politics he had for fox news. Chris, ill start with you. This report coming out just moments ago, breaking news, it may not come as huge surprise to people following the story but i wonder what you make of it . What i make of it, for a city with a reputation as bad as the City Government of