For right now people continue to think that the fed will continue the bond buying program. Take a look of the nasdaq. Into the greenlaw we were not looking. Three points. Dow and s p pulling back. We have had a nice run, looking at each of the indices over that time, one week. A winning year, for short. Major averages hitting records this week. The nasdaq at highest level since 2000, the dow and s p hitting the highest levels ever in history. It really has been a monumental weekend. Six straight weeks of gains for the dow. That is the latest. Ashley thank you very much. Oil dipping lower after a week of jobs for boards, was still on track to end the week on a higher note. Fox news contributor phil flynn in the trading pits of the cme. Reporter it is like the old days where bad news is bearish and good news as bullish. That is really what has been happening in the oil complex since the fed statement earlier in the week. The concerns about the lack of inflation means that the tapering is
The next on bank account adds. Dagen nicole 5 on the new york Stock Exchange. Nicole this is unbelievable. We continue to get the headlines out of washington. We have boehner coming out with plan b. We are getting harry reid response saying that speaker banners boehner approach is very far away. The markets have managed to move back higher. There is a look at the nasdaq. The dow is a winner of about. 5 . Connell lets follow up on this breaking news on the speaker of the house john boehner. Dagen richardson is live in washington, d. C. With what the heck. Rich the house will vote as early as this week to extend tax rates for those making less than a Million Dollars a year. House Speaker John Boehner says he is still negotiating plan a with president obama. The reason for the backup plan, Speaker Boehner says, after optimism, the white house is latest offer has soured the mood within republicans. It was essentially a 1. 3 trillion in new revenues for only 853 billion in net spending redu
Now liz good afternoon, everybody, iemg liz caman, stocks up across the board, trading near the best levels of the day. Take a look. The Dow Jones Industrials up 47 points, that s p level now at 1529, up nine points,. Nasdaq better by 16. The dow is now just about 1 away from its alltime closing high of 14164. 53 back to october 9th of 2007. Just before the launch week of fox business. Its been awhile. Well see whether the bulls can turn it up a notch and make it interesting going into the close. In the meantime, though, while the blue chips get the attention, since the dow 30 has named people recognized, we want to point out the strength in small caps. Look at the russell 2,000, a record high of 929 , up six full points. Same thing for economically sensitive groups like the dow jones transports touching alltime highs, up 60 points at 6007. Trains, planes, automobiles, airlines, ups, you name it, its in there with a big engine. Drilling down on individual names that two might be one. O
The following discussion should be read in conjunction with the condensed financial statements and the notes thereto of the United States Brent Oil Fund, LP included elsewhere in this quarterly.