Stocks soaring yesterday on all of this news about a potential deal out of washington. Yesterday, the market was up by better than 2 . A gain of 323 points for the dow. Thats one of the best market days all year. The futures this morning after that big rally are actually, believe it or not, indicated slightly higher. Barely up there, but you did see a downturn earlier in the futures that turned around after it looked like a deal was at least a very good possibility. As for the publics opinion on the whole situation, americans are saying fire them all. Theres a new nbc news wall street journal poll that finds the majority wants to toss out the entire congress. Just 14 say the nation is headed in the right direction. Thats about 0. 5 of who felt that way just a month ago. 78 call the country on the wrong track. That tells you a little bit about how bad things got in the last couple of weeks and that might tell you why the two sides sound more willing to negotiate. John harwood is going t
It. The dow just went positive and is up all of about 17 points. So far so good. Well take it. Lets look at the big picture. The three charts you need to see now. Ill sew you the s p. Look at that. Take a little profit after that monster day yesterday. Were practically back to the flat line. The s p up 27 year to date and is the best year since 1997. Its hard to argue with the trend on this one. Back to the 1990s. Hello . Looking at the 10year, up three ticks. Its close to the threeyear high we saw in september when it got up to 3 for one particular day so keep your eye on 3 . Its not just psychological but is in effect a threeyear high. Moving on to gold, the polar opposite. Theres no bid for gold. Down 40, 11. 95. Were close to a multiyear low in gold. 11. 79 was the low you saw in july. You go through there and theres not a lot you can point to for support. Lets move on to the big three, the stocks were watching heading to the close. Julie is keeping an eye on them. Lets start with
Tap, turn the volume to 11, get staired and, oh, by the way, trust me to give the solution more you. For you. And instead we have to turn this issue into something where we understand that as long as we use the internet, there will be cybersecurity and cyber war threats. Its all about how do we manage them, how do we become more resilient in our both technical approach, but i would argue even more so in our psychological approach to it. Did they fall into certain categories . Professors of Computer Science at a University Like this would say be useful to you . How did you inform yourself about this issue . Great question. One is the challenge for journalists, it is actually two ways. One is the challenge of how do i report on this space on cybersecurity . There is an assumption it is this feels, into one little area, everything from the wall street beat to the china beach, cybersecurity woven into it. You cant tell the story out target is going to be in the next quarter to u. S. china
We take you through the details and impact of that announcement. We are asking our viewers what you think Ben Bernankes legacy will be when he steps down from the fed. Give us a call. Epublicans, 202 5853881 democrats, 202 5853880. Independents, 202 5853882. Outside the u. S. , 202 5853883. You can also catch up with us on twitter, facebook, or email us. A very good thursday morning to you. Ofwant to begin with some the front pages about that ben bernanke press conference. Here is the financial times. A picture of ben bernanke. A historic end to the tenure. Over to the front page of usa today money section. A bit from the front page of the wall street journal. That is the lead to that story on the front page of the wall street journal. Here he is announcing the decision to taper monthly asset buying. [video clip] let me just say that one of the things i am proud of and i have tried to accomplish over the past eight years is to increase the transparency of the fed and to increase the ac
Following the story. Could pandora be next . Apple announced music,nd of news around pandora stock fell in the last couple of years. Last year, when apple announced pandora stock rose. This will spark pandora to do something to become a protected player. There are no talks that we know about, but just speculation at this point. Pandora claims it has 9. 3 of the overall listening audience. That is growing. Last year around this time, it was seven point three percent. Users. 78 million a big player. Spotify wants to go public. There could be something to do there. We are talking about a massive valuation. Forget google had also pushed aggressively. It has a product that cuts across so there could be some Competitive Pressure there allows these players to feel itselfed and then apple with its m a strategy. Some people talking about maybe apple buying twitter. Investors have had a chance to invest this. Does the price tag makes sense for apple . It seems like such a big out they mustound h