Nice pop after yesterdays disastrous performance, but still, you cant call any kind of victory within the crude market. Time now for todays top market moving news from our washington and new york bureaus. Congressional republicans and democrats are preparing for a fourth round of stimulus. Joining me is kevin cirilli. The ink hasnt even dried on third stimulus package. What are we talking about for phase four . Kevin kevin i was speaking with sources on both sides of the aisle, and the conversations are starting first and foremost on where the holes are left as a result of the latest round of economic stimulus. They want to see how quickly they are able to get liquidity to businesses, as well as to americans as they are expecting these paychecks in their account. The second part of this is likely going to be in the Financial Services sector, as well as other industries that have been pummeled as a result of this. I wouldnts bait that now, lawmakers arent going to begin talking about th
Inflation and pmi. A brutal bond selloff. Called it here on the show yesterday. Yields up seven basis points. Time now for the global exchange, where we bring you todays market moving news from all around the world. Joining us from hong kong is bloombergs stephen engle, from , and london, tadeo guy johnson and dani burger, and in washington, kevin cirilli. In hong kong, protests are intensifying. Stephen engle joining us for more. What can he tell us on the ground . Whats happened . As you can see over here stephen as you can see over here, police have formed a line. There have been some sharp words between officers and people on the mezzanine level looking down lotsthem, keeping lots of of swearwords in cantonese going back and forth. This is a cleanup operation by the police after what was a very raucous national day celebration, if you will, or commemoration of the national day in china. Here it is a very different feeling as protesters, tens of thousands of them, came onto the stre
Industrial world. At 20 , we will be on the lowest side. We will be very competitive. We will be pretty much below the average and we will be able to compete. Despite all of that, and despite we get before we even get this massive injection, we have a stock market that has hit record highs 81 times since our election victory. It is at a new high right now. Unemployment is at a 17 year low. Shortly it is going to be at a 19 year low. We think the numbers are going to continue to go down. We are getting into the pool of the 100 Million People that is not working. We have a lot of people that want to get to work that will be working. Consumer confidence is at a 17 year high. We have created nearly 2 million jobs. 2 million jobs since election day based on Consumer Confidence , based on enthusiasm. Every enthusiasm paul especially for business enthusiasm and job enthusiasm is that a alltime high. That is why countries are coming back to our country. Toyota came back in. Many Car Companies
Just the fact that markets have come so far. Dow down triple digits. Yesterday the dow was slightly negative. Finished the session slightly positive. Boeing and nike, leading us lower. Some say Market Sentiment heard as eric cantors stunning defeat last night. Hell step down in his majority leader role, that announcement coming the next hour and well have full development. Barney frank joins us, larriy kudlow and republican pollster coming up on the show and well debate the house Leadership Conference when it begins. Stunning news. Making sense of these markets is nonother than the legendary vanguard innovator jack bogle who joins us exclusively for his take on these markets and what investors should be paying attention to right now. The dow is off its lows and still down more than 106 point. Take a look at nasdaq. Outperforming as of late. Down about 12 point. Thats a little more than a quarter of 1 . Finally the s p 500, thats giving up almost eight points this hour. 1942, scott, is
Up for sale. Heres brian schactman. Reporter i touched it yesterday. As a sox fan i touched the sock. Did you wash your hands is this. Do it like southie does. You criticize mine. Sock. Reporter even though its kind of odd, a long song with dried blood back. Those not in the know, want me to keep going like this, sul . 2004. Curt schilling pitched a sixinning world series gem on a damaged ankle so, dang it had bled through the sock, as you see. The sox ended up winning the title for the first time in 86 years. Need this little history level and the sock became an iconic symbol of it. Since retiring from a career in which he made 114 million schillings video game captain went bankrupt and hes selling the sock through heritage optics. Guess were not going to use the sound bite. Show is over. 64,000 is the current bid. Think it may get half a million. Thanks for joining us on street signs. See you tomorrow. Hi, everybody. We enter the final stretch on wall street. Welcome to the closing b