Press releases today this did not end ammic bring. We have more details on what happened here today. Yes. Also yahoo getting active. Shares surged today as investor taking a big position in the stock. There it is up. We will have the latest on whos behind this and how ceo is reacting. Also, of course, these markets, i mean, volatility is back in a big way this week with the dow bouncing back after one of the worst days of the year yesterday. The dow enjoying its best day in seven months or something i saw. 181 points. Undoing some of the damage of yesterday and we shouldnt forget the week its been. Tripledigit moves in both directions. Maybe its that time of yore. We got the s p up 17 points. We are at 1983 at this hour. Nasdaq doing very well up 44 points. But again, i mean, we have had 100point swings for the dow every day this week. Multipercentage moves for all the major averages. Three of them down. Two of them up. Look at the russell. Up right now at 1118. Lets talk about it. In
About, right . Probably most concerned about german policy makers. In other words, not the ones at the central bank. Its mario draghi saying to the european governments, its up to you. You have to take the ball here. Meanwhile, in the u. S. The deficit is down below 3 of the gdp. Well go into the crucial final hour of trade. The dow down 319 points. At the low it was down about 345. The s p down 38 points today. Weve taken out obviously yesterdays lows. Now at 1930 and change. The nasdaq composite is down almost 1. 9 . Thats down 2 1 3 . 1071. Weve also been watching oil which today closed at a twoyear low. The price of wti crude here in for delivery around 85 a barrel. Now i see it at 84. In the electronic trading it continues lower. You know from the electronic trading figures, the futures, that we can follow oil is in a bear market. Down 20 from its highs just this summer. So talking about that. Keeping an eye on Interest Rates. Lets get to it now in our closing bell exchange. Joini
Month, what of the everyone is talking about 192,000 jobs were added in march, schiavo economist forecast. The employment rate 6. 7 , Holding Steady with last month. Sounds pretty good. Maybe we can get a little more context . This is probably the most boring jobs report that we have had in a long time. Everything came in as expected. Like most boring. That actually got my attention. Can we read a little more to these numbers . The best news was the Unemployment Rate not going down. More people think the economy is getting better, think they can find jobs, and so theyre going out and looking for work. That tells you at least admit we are on the track disease among improvement as the year goes on. The weather setback was not as much as people that, but we are back on track. Can we get some perspective on the u. S. And global economy, maybe from some of the biggest names in economics who might just be meeting in italy on a beautiful coastal backdrop . There is an improvement in the job m
We will find out. And Laird Hamiltons new venture, the golf board. He is hoping it will bring cool back to the game of golf and maybe bring money to his pocket. All that and more over the next hour. First, to washington dc, first involving the Federal Reserve, then general motors, and the washington redskins. At a News Conference today, i fed chair janet yellen said growth is bouncing back and the job market is improving. She also addressed concerns about inflation. Inflation continues to run well below our objective. We are still some ways away from maximum employment. And for the moment, i dont see any tree off whatsoever from achieving our objectives. The stock and bond markets liked with a heard from janet yellen. After speaking at the press conference, the s p 500 hit a new record, up more than 14 points. I am joined by Bloomberg Economist josh wright. He is a former policy advisor and market analyst at the fed. And were joined by the chief economist at banc of tokyo. Josh, i want
Find out. Will it make money . We will find out. And Laird Hamiltons new venture, the golf board. He is hoping it will bring cool back to the game of golf and maybe bring money to his pocket. All that and more over the next hour. To washington dc, first involving the Federal Reserve, then general motors, and the washington redskins. At a News Conference today, i fed chair janet yellen said growth is bouncing back and the job market is improving. She also addressed concerns about inflation. Runnflation continues to well below our objective. We are still some ways away from maximum employment. Seefor the moment, i dont whatsoever from achieving our objectives. The stock and bond markets liked with a heard from janet yellen. After speaking at the press conference, the s p 500 hit a new record, up more than 14 points. I am joined by Bloomberg Economist josh wright. Policy advisor and market analyst at the fed. And were joined by the chief economist at banc of tokyo. Josh, i want to start o