Connell emphasize the now in markets now but we are doing pretty good. Dagen keeping track. Connell what a day the last 24 hours. Stuart varney said the markets are up and seem to like the latest which we will talk about and the big changes to the dow. Nicole petallides starts us off at the stock exchange. Nicole good morning, the big news is we will have some changes on the Dow Jones Industrials as of next week friday, september 20th at the close of trading names on the move, the Dow Jones Industrials up 112 112 points, the u. S. Dollar looking good and commodities pulling back. And seasoned changes. Bank of america, alcoa and hewlettpackard coming out of the doubt. Goldman sachs, nike and visa larger stock price, the more it has waited within the index. This is the biggest shakeup we have seen in a decade. The three names coming out of theedow, bank of america, alcoa and gillick packard have been underperformers so interesting to see these changes, this will occur friday after the cl
Drugmakers. Pfizer and merck. Big pharma is something to watch during this earnings season. Lipitor sales are out patents. As they lose the patent, they lose some of the money. Adam that is something we can talk about another day. Right now, oil has been falling below 104. Phil flynn is in the trading pits of the cme. New numbers show that u. S. Demand for oil is actually slowing down. The selling is actually picking up; right . I think so. Refinery runs are well above normal for this time of year. I think it is one of the negatives that is weighing on oil today. The Economic Data that came out today, Consumer Confidence, the home sales numbers, that does not really inspire a lot of talk going fooward. You have the worries about the federal reserve. The good news is it is also bringing down rbob, which, of course, at the gas pump, that is a sign that we could see prices come down. Adam phil flynn, thank you. Lori gearing up for the biggest week of the summer. The seventh time in all of
Good morning. Todays top story, what else its official, the bulls are back, the dow soaring to an alltime record close. Global stocks, well, they had to follow suit overnight. Its wednesday, march 6, 2013. Squawk box begins right now. Good morning, everyone, welcome to squawk box here on cnbc. Im becky quick along with joe kernen and andrew ross sorkin. Welcome back, andrew, back this time. To celebrate . How long with we going to celebrate for, though . I dont know, another three hours. Three hours. When the market opens every day that we close higher. The new alltime high. Wondered if we would break it a new, fresh alltime high. And none of them are rotten. Theyve never been hit before. I wonder if we could keep this going every time. We will. Oh, we will. If we get one point, thats another it is another fresh, alltime, new high. Thats the generation that hasnt seen that. There is. Did you also see, though, theres a story in the wall street journal well talk about that in a minute. T
Will play sideways until then. Maybe you think i am crazy. Lori that is beside the point. [talking over each other] lori who are you . John kerry . He had a big gap in a new country. Anyway. Good afternoon once again. I am lori rothman. Melissa i am Melissa Frances. Senators attack ben bernanke and the feds Bond Buying Program. The fed chairman says the benefits of the easy money policy out raise the rest. President obama on the road in virginia with a warning for shipbill is about automatic spending cuts but no sign of progress ahead of fridays deadline. Lori Housing Market recovery picking up steam, the case schiller report signals improving home prices but not everyone is convinced that we have turned the corner and that includes the reports coauthor Robert Schiller coming up. Lori youll want to stick around for that. Also today we have for you the latest on the battle over Martha Stewart, the queen of all things domestic testifying in court as macys tries to blocker deal with j. C.
Administer rushed to the hospital overnight and many waking up this morning wondering what happened to Heather Locklear. Fox and friends first starts now. She said she said city on fire if i am not careful this is going to roll me the sun is going to own me and control me beautiful shot of new york city before the sun comes up. Thank you for joining us this Tuesday Morning wherever you are waking up morning. Lets get to our top story. Donald trump unleashing on the left for open border policies and doubling down on his executive order to reunite immigrant children and their families. The executive order was great. It was something i felt we had to do. We want children staying together, the law has been this law for long. Go of time. That was later live in washington dc where immigration talks continue to heat up. The president facing and approving crowd in South Carolina talking about cracking down on the border. Building the wall, fixing the wall, spending a lot of money and we are go