We have got the answers and they may surprise you. And let the debate begin. Its a little fuzzy, roll the tape. There you go a new study says highspeed trading on wall street is hurting the small investor and even puts a price tag on exactly how much the little guy is getting killed. You know theyre talking about that one, sue, down at the new york stock exchange. How are you doing, sue . Great, ty. Indeed they are talking about that and we are going to talk bhort exact numbers on that study in just a few minutes. Stocks are steady. Talks continuing in washington. We are just down about 12 points on the Dow Jones Industrial average, 27 days until america goes over that fiscal cliff. The president just finished answering questions on the issue after meeting with governors at the white house and our political correspondent, john harwood is live at the white house and eamon javers is talking with key congressional players on those talks. John, first to you. Reporter the president talked t
Nasdaq, and google was 2,000 and the s p 500 holding on to fractional gains at 1803. Watching hewlettpackard can pop with its quarterly numbers beating the street, mixed bag, citigroup says they have 30 more upside, Goldman Sachs keeps the celebrating so were watching that as well. Commodities are to the downside. Oil below 92 for the First Time Since june so we are watching that story closely as well. Dennis lets talk about the wintery weather, weather making its way to the east coast causing several headaches for a lot of people on the busiest travel day of the year. Accuweather meteorologist pilotpoint is tracking the storm and jeff flock as the latest travel delays. Where is the storm heading . Is it getting worse . Luckily traveling in the eastern u. S. There have not been a lot of fun but thankfully the worst has already occurred. Many of us will be looking at improvement over the next 24 hours but lots to talk about on the busiest travel day of the year, retain close it to the c
Kremlin has been amassing military along parts of ukraines eastern border. Ahead of the meeting, john kerry stopped to speak with reporters. About. Ave a lot to talk i look forward to an opportunity issues and the possibilities that we may be able to find about how to move Forward Together to resolve some of the differences between us. We look forward, i know, to a good conversation. We will take you live to the Russian Embassy later in the hour for an update. The public face of russias seizure of the peninsula is holding a News Conference ahead of the vote. You can watch it at bloomberg. Com tv. We want to focus on the oil ties between the countries. The u. S. Is selling 5 billion barrels of oil today. It is the first time the u. S. Will be testing its release system. Barrelsel, 5 million sounds like a lot, but put it into context. It is kind of like a drop in the bucket. It is basically less than 1 of all of the oil we stockpiled. The whole enchilada is 690 Million Barrels. Huge, and
Mission critical rise above d. C. Welcome back to our continuing coverage, Mission Critical rise above d. C. Weve been here all morning long. While weve been here on capitol hill, weve been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. In the last hour we sat down with Grover Norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. He also added he thinks House Speaker boehner has been a good leader during the fiscal cliff negotiations. And then we were joined by bob corker and bob conrad. Corker said we need to focus more on entitlements now, and he will not sign any package that doesnt deal with entitlements at this point. Conrad said more, not less, should be included in some sort of a big deal. By big deal, he means over 4 trillion. We are now just 20 days away from the fiscal cliff deadline. We continue to bring both sides of the aisle to sit down together. Co
Earnings before the bell. Happy st. Patricks day. Some welsh. Green beer later on this hour. I am a quarter irish. Here is a headline. Inflation and little but lower than expected. Sir. 7 0. 7 . Lets do a did a check. And optimistic bounce off a tough week. 10 year yield goes nowhere. Euro essentially goes nowhere. Nymex crude is still under. Vix, 14 to 18. Yan is a little bit lower. The rubel goes nowhere. That is a headline. Part of it back stories on commodities. Here is copper, the ascension of china. There is the financial crisis. We have rolled over again in copper. Why have we rolled over again . All of the volatility in china. Financial trades really have nothing to do with actual supply and demand. Copper, you secure it, are you unwinding that and have to sell it . Some things are going down copper, but other things are going up. Right. You have oil that has been moving with ukraine and russian issues. They are moving on the totally on fundamental. Lumping all commodities toge