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Transcripts For CNBC Power Lunch 20131106

Hi, ty. The dow did hit a new record today. The s p not yet, but 25 stocks in that index did hit new records. Lets check the markets for you. The Dow Jones Industrial average up 97 points off its high of the trading session. The s p up 5 points. The nasdaq composite is really, perhaps, the most interesting index right now of the day. Down 13 points. And look at that chart. It shows a steep drop earlier this morning. The nasdaq dropping in large part due to the fall of apple tesla and celgene. Apple down. 3 , tesla down 15 . Joe is chief Market Strategist with u. S. Trust division of bank of america private wealth management. Bob joins me here on the floor as well to talk about this market. Joe, im going to start with you. As we move into the latter part of the year after such a spectacular performance by stocks, do you think the s p 500s ten sectors will have a perfect ten all ending the year with doubledigit gains . You know, sue, i do. Its very interesting, it hasnt happened since 19

Transcripts For CNNW Erin Burnett OutFront 20130116

That is all for us this evening. Thank you so much for joining us. Outfront starts right now. Outfront next congress about to vote on a relief bill for victims of super storm sandy. A republican representative who will vote against the relief tells us why in just a moment. Plus, france tripling the number of troops the country is sending to mali. What does this mean for americas role in that fight . And an outfront investigation into a booming business, birth tourism. Foreign women giving birth in the United States so their kids will be citizens, but this time, were not talking about people south of the border. Lets go outfront. Good evening. Im erin burnett. Outfront tonight, the battle over super storm sandy. So the house of representatives is going to vote tonight, really just imminently, on a controversial relief package for the victims of the devastating october 29th storm. A 17 billion aid package was approved earlier today and at this moment, another 34 billion is at stake. I kn

Transcripts For CNNW Erin Burnett OutFront 20130116

Spotify me. Barf. You know what i want a groupon for . A moments peace. In conclusion it is always a good idea to trust your instincts more and gadgets less or else you might take a wrong turn on to the ridiculist. Erin Burnett Outfront starts next. An outfront investigation in to a booming business birth tourism. Four women giving birth in the United States so their kids will be citizens and its not from where you would expect. Lets go outfront. Good evening. Im erin burnett. Outfront tonight, the battle over super storm sandy. So the house of representatives is going to vote tonight, really just imminently, on a 49 House Republicans voted against the final bill and we will speak to one in a moment this may sound like an easy vote to you because Disaster Relief always gets approved but when it comes to spending this countrys money every dollar counts. As we saw with the fiscal cliff battle not everyone in washington thinks this kind of money is worth it. 16 billion is to quintuple the

Transcripts For CNNW Erin Burnett OutFront 20130116

I know we all rely on these devices but when they start telling us to drive into bodies of water or to croatia and we actually do it i think weve got to just take a step back. Id say nowadays its just, hey, could you email me dinner . Could you fax me a hug . Text me. Text me. Text me. Why dont you write a letter, you dummy . Spotify me, spotify me. You know what i want a groupon for . A moments peace. In conclusion it is always a god idea to trust your instincts a little bit more and your gadgets a little less or else you might take a wrong turn on to the ridiculist. An outfront investigation in to a booming business birth tourism. Four women giving birth in the United States so their kids will be citizens and its not from where you would expect. Lets go outfront. Good evening. Im erin burnett. Outfront tonight, the battle over super storm sandy. If you listen to the republican critics, they say the pork is everywhere in this 34 billion amendment that the democrats tacked on to this e

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