Of the s p 500 that is one of many questions. Power lunch has the answers, right now. Yes, we do, tyler thanks ceos are starting to sounds the alarm about the economic recovery and the path forward. Lets get to bob pisani for the details on that. Bob . Kelly, we were hopeful we would get more Earnings Guidance 40 said no guidance, were sort of hearing for the Second Quarter and into the third quarter, so ibm yesterday a good example of that. He said maybe we were a bit optimistic uncertainly makes us unwilling to provide guidance. Theres other issues, too, the ceo of capital one has made the stimulus has made it different i dont think we have a rigorous measure of how many current borrowers are unemployed i think its reflective of america and there are different degrees of unemployment right now. Thats tough ive seen some positive comments as well. Nasdaq had very big stock volume, ameritrade did as well theres been a lot of ipo activity recently. We have he Anita Friedman on, the chai
Magic. Power lunch gets started right now. And lets check where we stand at this hour were off the highs of the day the dow up 200 points right now, but the session highs were about 100 points above that when we were up more than 300. S p and nasdaq both up about a percent as well. Even though asian markets were down 2 overnight, so a real turnaround for our markets today. And take a look at apple, the stock is jumping after one top analyst says that the tech giant might be tariff proof. Well explore that a little later this hour, kelly thank you, bill the big news affecting the markets today coming from the g7 meeting in france. Its been changing quickly hourly lets go to eamon javers for the latest yeah, kelly, thats right the president has left the country, air force one was wheels up from biarritz france a short time ago, and that brings to a conclusion the g7 where everybody involved was at pains to strike a message of unity it ended with a Fascinating Press Conference between Emm
That she was a contraction. I want to Bloombergs Julie Hyman with more on numbers. Julie contractions are a negative surprise. Economists had estimated 15 and inalf, expansion manufacturing. Instead, we got a reading of 40. 6, even after we have the Market Manufacturing number 15 minutes ago that showed an expansion, a better than estimated number. A couple of different readings. Prices paid rising less than estimated, a reading of 35. 5. At the same time, we got Construction Spending month over gain that gained 1 ,. 6 estimated here. Overall, it looks like the isn manufacturing report is considerably worse than had been estimated. We have been seeing for some time waning manufacturing numbers. This is the biggest decline since june of 2009 in manufacturing. Betty it is knocking stocks off the peak. Julie if you look at what is going on with the u. S. Averages, lets take a look. Weve been seeing a bounce back from yesterdays decline. Heading into what is traditionally the strongest mon
Happy new year. Welcome to the closing bell. Im Bill Griffith here at the New York Stock Exchange. Welcome aboard. Hi, bill. Im kelly evans in for bartiromo, and for investors its a pretty happy start to the new year. I would say so. If youre bullish this market. Right, if youre not short. Exactly. And the markets, were looking at the dow, off at session highs still adding 234 points. The nasdaq is the outperformer among major indexes today. Up nearly 2. 5 , and thats consistent with what we saw in 2012 and frankly since the market bottomed in 2009, the s p 500 for its part adding 1. 9 , 27 points, bill. Bob pisani at the happiest place on earth today, disney world. Hes at the New York Stock Exchange as well. Welcome back. Thank you very much, and weve got a big rally on hand here. Four points i want to make. Number one, this is a broad rally. 81 advancing stocks to declining stocks. Number two, its on heavy volume. Number three, its holding up. No sell into the rally going into the fi
Up winning in this one. You watch. Everyone wins. Thats the new america. Everyones a winner. Were all special. Thanks for watching street signs, everybody. Closing bell is next. Hi, everybody. Good afternoon. Into the final stretch. Welcome to the closing bell. Im Maria Bartiromo at the new york stock exchange. The dows fiveday winning streak looks to be in jeopardy, bill. Watch that in the final hour. Im Bill Griffith where you do pronounce the h. Dell dragging the dow lower and dreamliner grounding planes after an emergency landing. More on that developing story coming up in a little bit. Dimon roughed up a bit, jamie dimons compensation takes a by the due to the hits they suffered due to the socalled london whale. Banking sector did pretty well today. Overall, and it was a Merry Christmas for ebay. Were going to find out. Those earnings will hit just after the bell about an hour from now. Holiday sales will tell the story. Well have what it means, the instant analysis as soon as the