Moving to the upside today rebounding beyond the major u. S. Indices oil is bouncing back. This is important. Its helping the market hire. This is after brent crudent entded in bear market territory. As for europe ftse ending up 0. 7 of a percent. In asia overnight, chinas selloff continues. Not as bad as the day before. And nikkei 225 hitting a twoweek low. Lets get to trading action here in the good old United States of america with bob pisani down on the floor of the nyse. Weve been do for an oversold bounce and it helps that earnings are better than anticipated today particularly in industrials. Look at the major sectors. Everything thats been a disaster this month is up today, which is the way it should be. Were due for a bounce in energy and materials and industrials. A lot of disappointments in earnings. Health care has been holding up. Thats on the upside. Watch the market leaders. Market leaders are internet stocks like google and Facebook Biotech stocks and banks. All of thos
Closing high. Tyler, just thinking about that, that was april 30th, our 25th anniversary and see if we can do it again today. I think the s p is trading at record high closing territory. Meantime, a heavy duty lineup on closing bell. Exclusive interviews with cant fitzgerald head and two friends who started with 200 have a brand worth millions. And will housing turn out to be a bad investment over the next decade . Kevin oleary says yes. Hes here to make the case that youre better off renting right now than owning a home and wait until you hear why. Heres where we stand in the markets. Tyler mentioned the dow is up a couple of points to 16,729. Still 15 shy of the record closing high. Take a look at the nasdaq which after underperforming for the last couple of sessions is trying to add 15 point today and the s p 500, keep a close eye on this one. The record high is 1924 just about, and were trading at 1926 right here with about an hour to go, tyler. Lets talk markets. Joining our Closi
Look at santa rosa. More than five inches of rain compared to San Francisco less than an hour down the road, an inch. In san jose, most of the rain fell yesterday. We had 100 times more rain in santa rosa today than san jose. Petaluma, four inches. Vacaville, three inches. That is north of highway 4. Everywhere north of highway 4 has gotten the rainfall. In pittsburgh, only an inch. Sunnyvale, onage inch. All of this rainfall we are getting, dense in the drought. Because of the north bay since the beginning of last year, we are 30 inches below normal weather wise. But that line of heavy rain. I dont care what the radar says, we are living it. It is wet and windy in pittsburgh. Back inside to brian to show where else thewet sore going downhill. I will tell you all of this, paul, as you said, this big Pineapple Express coming in has caused a marked decrease of rain. As you can see from the live shot that paul just did, rain and wind cannot only play havoc with streets, it can play havocs
You can post your comments on usebook. Com cspan or email at journal cspan. Org. Path for obama to spend. This in the Washington Times. They say the legislation must be approved by the end of the month when the Treasury Department says it will run out of our wing room. It also says in the Washington Times this morning that business groups worried about the effects of bumping up against the bill urge congress to act. The New York Times this Morning House approves higher debt limit without conditions. A sharp setback for conservatives. We want to hear from conservatives only this morning. What do you think about the decision to bring a clean debt bill to the house floor . It also says that harry reid of nevada commended to the speaker and promised to pass the bill as soon as possible. We are happy to see the house legislating the way they shouldve legislated for a long time. Ted cruz said tuesday in a statement that he planned to object to any attempt to raise the debt ceiling with a min
This is the fox report. Tonight another nation in the islamic world in chaos as the symbol of American Power there now under militant control. Im in no harris faulkner. An islamic militia now claims to be in full control of the u. S. Diplomatic compound in trip poly. You may remember or embass was evacuated more than a month ago under heavy security. The state department temporarily pulling all american staff out of the country as a precaution under the security situation there improves. This, as new evidence that the situation there is anything but improving. Libyas u. S. Supported parliament now forced to meet in the small city of tobrok, east of ben ghazi, as that parliament, by the way has repeatedly asked for international assistance, fearing they could lose control of the entire nation. Heres where we were just three years ago when nato and u. S. Forces helped the libyan people overthrow gadhafi. Several countries, including the u. S. , enforced a nofly zone. The u. S. Navy also