That long to come back to an alltime high. And lets all remember the last time we were there in 2000 we felt like we were at mt. Everest at that time because it had gone straight up. And it didnt take very long for it to come plunging back down to earth although this time is different. A lot of people looking at the valuations and a number of reasons. Well talk about then and now. Also something to note heading into the close, quadruple witching. The expiration of four different options contracts to make for a bumpy ride and exciting and higher volume ride into the close. That is what could put us over the top for the nasdaq today. So well watch that going into the final hour here. Lets show you how were doing otherwise for the major averages. The dow is up 233 points. Thats close to the high for the session right now as a matter of fact, up 1. 3 . And the s p is up 24 points now at 2113. Lets get to our closing bell exchange. A lot to talk about our guests today including jeff reeves
The dollar is stronger. Gold is down sharply. All the markets telling the same story. And there are plenty of investors talking, joking perhaps about the property that they are looking at in greece in italy, across europe because if you want to theres the euro dollar today up another 1. 5 . The low 10. 09. 109 1. 09. Extraordinary to remember a couple years ago when it was at 1. 40. That will have a huge impact on their economy and on ours as well. Book your vacations to europe. Europe is on sale this summer. With just an hour to go before the close, a steep selloff. The dow is off almost 300 points. Off 277 this hour. It brings it to 17,861. The nasdaq is off 56. 4,926 for that index today. Here we go. Time for our closing bell exchange. Dorothy weaver of Collins Capital is with us today. Formerly of the board of the Federal Reserve bank of atlantas miami branch. Jeffrey cleveland from payton and regal. Our even Steve Liesman and Rick Santelli santelli. Steve, Pay Attention here. Are
This years show. Is the holy grail of tv. Monday night at 8 00 p. M. Eastern on the communicators on cspan2. Up next, Prime Minister David Cameron taking questions from members of the house of commons. Then we will show you a recent News Conference with chinese premier li keqiang. Later, a look at workplace discrimination. Focus of a recent hearing on the commission of civil rights. During question time at the house of commons there was an exchange between Prime Minister David Cameron and ed miliband about changes made to the u. K. Health service. The Prime Minister took several questions on the state of the economy. Mr. Speaker questions to the Prime Minister. Prime minister cameron this morning i had meetings with ministerial colleagues and others. In addition to my duties in this house i shall have further such meetings later today. Ian murray the chancellor said in his first budget, when we say that we are all in this together, we mean it. When the Prime Minister and the chancellor
That drone that Kara Swishers showing you. Does it have seven tamcameras or something on it . It is fascinating. Any anybody familiar with the Drone Industry knows about those cameras. It could really take off. A new report says jpmorgan could lay off 5,000 people by next year. Is this a broader issue for the Financial Sector . Many parts of financials have suffered the last couple of years. Is there normore layoff to come . Going to the front lines, we have the ceos of three major banks all here exclusive on closing bell. We begin with the markets. An hour to go to the close, the dow is down about 40 points right about the middle of the trading range today. Giving up. 2 . Caterpillar interestingly the big weigher there, down 2 on the session today. The s p weaker by 2 1 2 points. The nasdaq which yesterday closed at a record high today giving up a little bit of that. Down about nine just below 5,100. One featured market were following closely today, natural gas sinking like a stone ar
I still believe anyone can turn a profit in the stock market. As long as youre willing to put in the time and effort to keep track of what you owe. I wouldnt come out here every night and try to educate you if i didnt think this was more than just a theoretical possibility. But its feasible. For the vast majority of people watching the show. You can succeed at managing your own money. If thats the case, why is it so darn difficult . How come so many People Struggle to make money in the market . How can i believe that its possible for to you beat the averages. The s p, the dow jones average when so many people so regularly fail to do so . Simple, you can do it. But youve got to do it the right way. One of the biggest obstacles to successful investing is the lack of clarity about what is the right way to do it. What is investing supposed to mean . Ive seen countless people try to follow conventional wisdom about Money Management only to have their investments wiped out because convention