A double record run. Both the dow and s p hit all time highs. Despite a dip in Consumer Confidence to the lowest level since 2011. The nasdaq closed higher by 12 points but needs to get above 5,000 before reaching a record. Gold sold off by 8 dollars and oil dripped by 95 cents. In earnings after hours. Linkedin topped wall streets view but the forecast was below range. Yelp reported losing more money as it spends more on marketing. Yelp lost 2. 3 million. And Gilead Sciences came in strong with earnings and full year guidance that beat the street. Shares rose 1 after the close. Its official dell is now a private company. And, sac is set to soon plead guilty to securities fraud according to the wall street journal. All enough men have trading in advantages on. In the seat first this morning is in the trading area of cme group. Good morning to you. Good morning angie. What do you see in the market today as we await the decesion coming from the fed . Well nothings changed, ive been bulli
President obama will speak to members of the un today. He will likely seek diplomacy in the syria situation. The presdient of iran will also be speaking. The Chicago Tribune reports citigroup is cutting 1,000 mortgage jobs. And chrysler has filed for an ipo. The company is partially owned by fiat. Lets get the ball rolling this morning with Michael Gurka of spectrum asset management. He s on the floor of cme group. Good morning micheal, its been a while. Good morning. What do you think is behind most of the buying and selling in the market right now . What are some real market moving catalysts out there . Clearly the market is still getting a lot of euphoria out of the bag here from the letdown by the fed last week. You saw it in the markets yesterday as the s p was down. The broad market was down. Crude oil down over a dollar and of course metals themselves. So this risk off trade is back on and i think also the pessimism is starting to grow on the market due to the fact it seems as t
Consultant. There was nothing about dpw or at t. Also i do want to thank you for this hearing, however, i would like to point out that it does not fulfill fulfill the mout and again after year two which should have taken place last year. Mr. Blake man told us this is a box. Here is a photo of a box. The box is here. Supervisor scott weiner thank you very much. Next speaker. Thank you, i just wanted to share my experience. I live at 529 buchanan. They want to install a box at 503 buchanan. That address does not exist. I find that to be the most frustrating part of all of this, the lies, the strategy, to trick the citizens and i mean, i think its been said before. I just want to say that i support them investing their own money in creating an infrastructure that we as city city san San Francisco to be proud of. They want to add a fourth box. It seems absurd. Thanks for the time. Supervisor scott weiner thaens for coming down. Is there any additional Public Comment on the at t utility box
Should be a hearing. I could not notify members of my association who thought that i had notified. There is another issue with process. If we can get this cleared up, everybody would be a lot happier. Thank you very much. Supervisor scott weiner thank you, next speaker, if there are any additional commenters, please lineup, unless there is other folks to speak, miss berkowitz is our final commenter. If you want to email us afterwards, we can make it part of the record. San francisco neighborhoods which consist of 48 neighborhoods throughout the city. Everybodys district. I think the point is with all of this is that we have reached a Tipping Point of sidewalk boxes from every company plus the city. And i know planning has a term for it which escapes me for a moment. Its the Tipping Point. I received several emails about these boxes coming into my neighborhood because i am registered at city decks which asno longer exist. There is no place to object except to the Public Relations consul
Given what we just saw on the gdp . I think the new normal is the old normal. Stock give you pretty good turns, especially on top of inflation. Stocks are going to be once again a big part of peoples portfolios. You have a right to be cautious. I only need one number to put you back in now we talked about this last time. I was going for slower appreciation. Guys, thank you very much. That does it for us today. Right now its time for squawk on the street. Good morning to you all. Im melissa lee, along with jim cramer, david faber at the new york stock exchange. Carl quintanilla is live where research in motion is holding their blackberry 10 launch today. Lets look at futures and how were setting up for the day. We saw a bit of a reversal on the gdp numbers, the first contraction since 2009. Now were in negative territory. As for europe, confidence coming in stronger in the real star here. The euro topping 135 for the First Time Since april 2010. And strengthening even more after the gdp