Of its own. We have a lot of stories to get to this cyber money. Have you bought something online today . Fess up. There was a browser open to lord taylor open when i got back. Just happened to be. It wasnt me. Someone upstairs was looking around. They were among the other 3100 people expected to buy something online today. Were tracking real time cyber monday numbers from ibm. Well look at Retail Stocks that could be the biggest winners from this Holiday Season. Thats right. Amazon, speaking of which, is channelling the ghost of christmas future as ceo sees drones delivering presents. How would he ever get government approval to use air space in this way . Some d. C. Insiders say he might have an ace up his sleeve. Its fascinating. You missed that report last night, but that is the jetsons coming for real here. To watch these drones. My question is, if i buy a drone from amazon does it deliver itself . That would be a drone delivering a drone. Like a 3d printer that prints in 3d. A na
And hello again, everybody. Welcome to the closing bell. Im mandy drury sitting in for maria bartiromo. Happy boxing day as well. Christmas is over but mandy has been celebrating boxing day all day. We didnt get any presents from lawmakers in washington yet. Were still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by todays numbers the waiting game continues, although we thank Brian Sullivan and you, mandy, for bringing us back to positive territory in the last hour. Im not sure we can take credit but well take it. The dow is up a fraction at the moment. 13,139 after a meandering much of the day. The nasdaq hardest hit today. Technology has been very volatile recently. Still down a fraction right now. 13 points, fraction percentagewise and the s p is down 3. 33 at 1423. Five days left until the fiscal cliff deadline, and though the market has been very resilient to this p
Dagen very big overseas. Connell we will talk to jo ling kent in a minute. Good morning. Volatility has been what we have seen recently. We are still in nonvolatile time. Right now we are seeing a pattern with lots of green arrows across the board. The Dow Jones Industrials up. Almost a half of 1 . Just like the tech heavy nasdaq. The s p is getting walmart with some tough numbers out. Back to you. Dagen whats app. That is how you are supposed to say it. Connell some mixed reviews from the analysts. 19 billion is what facebook is paying for what app. According to early investors whats app adds 1 million users every single day. The stock is actually down 2. 2 . They see a higher costs and delivering engagement. Theyre taking a more positive stance. The strategic rationale is sound. Here is something i loved researching. He tweets hear all about it. It is amazing how things change. It is. Tac is something a lot of people are talking about. We bring Michael Bloch in. Good to see you. What
The biotech index is the new vix. Though today the vix is the new vix as well. Oh, how quickly things unravel. The nasdaq is down more than 7 from its high of just a month ago. The russell 2,000 is as well. The Dow Jones Industrial average by comparison is only after 2. 5 from its 2014 high. Thats only a reflection of how poorly it had done relative to the nasdaq until the last week or so. The dow is down 1. 3 . American extress, disney, microsoft, jpmorgan whose earnings are coming down right in front of us here. Some of the real rate sensitive names, rate sensitive parts of this market as that tenyear continues a jawdropping drop db pardon the repetition there is one thing thats getting peoples attention. You can look at some of the big insurers, metlives, and see the pain there. People are jumping out of those higher rate moves. What do people do when they feel pain . They eat and they shop. Mcdonalds is the best performer in the dow. It is actually in the green today. Theyre eating
Mcshane this hour of markets now. Connell fried a lot of cool things and not so cool things to talk about. We are fired out about ben bernanke and a baseball hat and all these things. Danny dagen any reason to talk about baseball. Theres a lot to get to this hour. The first vote coming in the next hour on capitol hill to keep the government running, Dan Henninger of the wall street journal will join us to Talk Health Care and a lot more. Connell all these succession stories. No. One before you get to ben bernanke microsofts alan mulally of fort wanting to replace steve ballmer. And nice timing to take the job. Chairman of the Commodity Futures Trading Commission and at the end of the year we talk about that because he was talking this morning. The president embarked with the format in 2010, and to the Commodity Futures Trading Commission. Cftcs near completion of the reforms shifting to a transported rat market place. And the marketplace with access, give investors, consumers and busin