Why that could bode well for corporate earnings in 2013. That and more tonight on nightly Business Report for friday, january 3rd. Good evening, everyone. And welcome. Im tyler mathisen. Susie gharib is off tonight. Well, no time for panic or even a double cocktail, but stocks arent exactly off to a great start so far this year. Day dtwo in the markets and day two of decline, the biggest losing streak to begin a year since 2005. Fraction l but loses they were on this mixed and chilly day on wall street. Traders watched out going fed chairman ben bernanke give what may be his final big speech before stepping down speaking to the American Economic association in philadelphia, bernanke had generally positive things to say about the u. S. Economy. The combination of financial healing, greater balance in the housing market, less fiscal restraint and policy accommodation bodes well for u. S. Economic growth in coming quarters. The bernanke pep talk helped but not a jolt of red bull. Todays f
Why that could bode well for corporate earnings in 2013. That and more tonight on nightly Business Report for friday, january 3rd. Good evening, everyone. And welcome. Im tyler mathisen. Susie gharib is off tonight. Well, no time for panic or even a double cocktail, but stocks arent exactly off to a great start so far this year. Day dtwo in the markets and day two of decline, the biggest losing streak to begin a year since 2005. Fraction l but loses they were on this mixed and chilly day on wall street. Traders watched out going fed chairman ben bernanke give what may be his final big speech before stepping down speaking to the American Economic association in philadelphia, bernanke had generally positive things to say about the u. S. Economy. The combination of financial healing, greater balance in the housing market, less fiscal restraint and policy accommodation bodes well for u. S. Economic growth in coming quarters. The bernanke pep talk helped but not a jolt of red bull. Todays f
Pension funds are the healthiest they have been in six years. Why that could bode well for corporate earnings in 2013. That and more tonight on nightly Business Report for friday, january 3rd. Good evening, everyone. And welcome. Im tyler mathisen. Susie gharib is off tonight. Well, no time for panic or even a double cocktail, but stocks arent exactly off to a great start so far this year. Day dtwo in the markets and day two of decline, the biggest losing streak to begin a year since 2005. Fraction l but loses they were on this mixed and chilly day on wall street. Traders watched out going fed chairman ben bernanke give what may be his final big speech before stepping down speaking to the American Economic association in philadelphia, bernanke had generally positive things to say about the u. S. Economy. The combination of financial healing, greater balance in the housing market, less fiscal restraint and policy accommodation bodes well for u. S. Economic growth in coming quarters. The
Will it be one of the big banks . Well explore that. And the great High Frequency trading debate. Got a computer like that . Thats not the one were talking about, folks. A lot more than that. Lets listen in. Its great to see, bill, instantly throw at brad, the idea that hes doing all this to promote a business model. He said that and also said, shame on you. How do you react to that . Yeah, so ill say it again. So i think hes outrageous. I think hes part of the problem. Today we will take you through the arguments that have ignited a furious debate. One small, we hope, understandable step at a time. First, though, to sue on a day where the dow hit that record and then fell back. Sue . Yeah, indeed it did, ty. Stocks hitting that record high today. The question is now, can the gains continue . Are we on the verge of a larger correction ahead . Shortly after the opening bell the dow did hit an alltime high intraday of 16604. 15. You can see things have fallen but certainly a milestone da
Legend bill miller. Well discuss his long bullish eye on amazon. He recently called the company the best run in the world. And we have david faber on that coming up as well, looking forward to that. Heres how weve done so far today. A bit of volatility here and there, but for the most part, just down 48 points on the Dow Jones Industrial average, now trading at 16,798. 17,000 a mere 110 points away. Weve got the nasdaq up, though, up seven points. The Technology Stocks doing well again today relative to the other blue chips, and the s p is down 2 1 2 points right now, trading at 1,954. Lets get to our Closing Bell Exchange for this friday. Rich peterson from s b capital iq, joe duran from united capital, diane jaffray, mr. Arthur cashin from ubs joins us, and we are always pleased to have Rick Santelli with us as well. Arthur, we talked in this program yesterday around this time about the futility once in a while, trying to assign meaning to days activity in the markets here. But you k