Will talk more about that in a moment. Another tough overnight session for global losses in tokyo and india. The road map begins with the retailers rallying best buy, home depot, urban, and they all beat handily expectations, but slightly different than penny. Missing expectations, but trading up as the investors conclude that it could have been worse and appears to be better for eli musk and tesla. After the retailer posts better than stronger earnings and mobile phones and appliances were the strong components of the quarter while gaming is weak. This stock is at a 2 1 2year high today, jim. It is up 2x for the year and a lot of discussion about huber joe l jolie, and if they have found the answer to amazon. Well, that is very good and the gaming is the going to be good in the Fourth Quarter and we have new iterations, and i like gme. This is a remarkable turn, and sometimes you have to say remarkable. Some people have gotten it right. Joey has gotten it right, and shows you how poor
Corporations, from the higher rates and the improving economy with more jobs. More people paying into the treasury. And the governments expenses were down 3 for the period as it continues, among other things, to operate under the sequester spending cuts. Melissa, back to you. Melissa peter, thanks so much. Lets take a look how the markets are reacting to all this news as we said. Were having a pretty mellow day in the markets versus what weve seen past four days. The big surge. The dow is read down by proctor gamble. Down 20 points. S p 500, basically break even, a little bit in positive territory. Nasdaq up 1 3 of 1 . Go to jo ling kent who is standing by with some of the biggest movers. What are you watching . Were watching tech stocks, three of them actually. Fireeye, feye. Look at that, Cloud Computing security vendor. Theyre down 11. 3 . Essentially they beat in the quarter for expectations but pout put out a poor quarter for quarter one. Shutterfly, the photo sharing service arou
Will they begin the taper or not . The taper, word of the week. The word of the week as we continue to talk about it as it looms. The market seems to have its own message here. Up 70 point. Two big exclusive points coming up for you. Michael dell, off a big victory to take his company private. Hell talk to me about whats next for the company. If hes planning a dell mobile phone. If his long term plans to take dell public are on the horizon, once again, after taking the company private. Jim grant, want to get his take on the twoday fed meeting. Well ask him what he think ben bernanke will do next week and his thoughts on Larry Summers to be the next chairman of the Federal Reserve. You dont want to miss either of those interviews coming up on closing bell. How about this for a hash tag, feesy frien feeding frenzy. Could a successful Public Offering for twitter restore confidence in a generation that inherently distrusting the stock market. We thought that would be facebook. Didnt happen
Oped by Boston Properties ceo Mort Zuckerman points out it might not be painting the most accurate picture, surprise, surprise. The number of fulltime jobs actually plunged by 523,000 while parttime jobs shot up by roughly 800,000. Is this further evidence that were becoming a parttime nation . How will that impact us Going Forward . Joining me, monica mate at that from and spencer ante, from wall street journal and fox businesss Charlie Gasparino is back. Did you get thrown out of sun valley . What happened there by the way . Before we get to this very important top i can i want to clear the air what happened with mr. Gasparino. You got booted out on your tuccs . Well melissa no . I dont think the gentleman in question had, look at that. Wanted to touch me. Here is what happened, that guy at 63, 300 pounds, at least melissa i dont an know. Did you weigh him . No. Im not going to pick hill up. Basically attack ad fox business producer, a woman who is five two, 100pound, soaking wet and
Given, but can be taken away or sold. Also tonight, cashing in on Company Profits without cashing out your shares. Were taking on the world of dividends and how to pick a stock in this market. One of the most successful financial take radio hosts in the business, Steve Crowley will help discuss and make this your market. All right. What a difference a day makes, stocks hammered yesterday by uncertainty in the middle east, and while the uncertainty did not go away, stocks bounced back ending higher which is why i say, you dont want to have daytoday gyrations in the stock market, watch the fundamentals, and they will to the they did not change in the last 24 hours. News headlines in syria did. Facebook down 5 yesterday, a bigger winner today, and the company, nothing changed with it overnight. Its just summer. We have Light Trading volume this time of the year, market volatility. Take the dips as buying opportunities. Be selective, not every stock is a winner. Ultimately, though, to come