At 4,994, close to 5,000 obviously. At 1,249 is where you find the russell. Bob pisani is at the New York Stock Exchange. Janet yellen is giving her prepared speech in cleveland. Have we seen any kind of reaction in the stock or bond markets . It didnt have to be because the whole world gapped up at the open. I would say modest reaction but no big surprises in her commentary. Important thing is what happened overnight. Were 51 almost advancing to declining stocks. Its been that way almost the whole morning. Tech materials, consumer staples, financials, all the riskon group here everything is up 1 because the whole world went up 1 . The s p 500, we gapped up 20 points at the open. Thats really rare folks. Thats 1 right at the open. That was on greece. We surged overnight when the details on the greece talks came out and they were offering concessions, at least from the greek side. It even happened more strongly in germany. We had a 2 gap up in germany. You can see the Straight Line ther
Critically helping sentiment, china stocks recording their biggest twoday gain in seven years. A number of stocks there are still halted. Weve got the Portfolio Manager for fidelitys 2 billion china fund coming up. He says there are a lot of opportunities in the china market right now. Well tell you where. The latest data show the pc market is just getting clobbered. Its dying yet again. Could microsoft have a plan to revitalize that sector . Thats coming up. Also a new bill that could help patients get their treatments faster but at what cost . Well break down the fight brewing between Pharma Companies and doctors coming up. Troubling reports out today. Lets begin with greeces bailout and reaction from germany. Our reporters are still on the scene. Chief International Correspondent michelle cruisae a carusocabrera live in athens and Steve Liesman in frankfurt. There is new controversy around greeces former finance minister. He cannot stay out of the headlines even though he is no long
Buy . And jeb bush. I like what he had to say. Its time for america to get back to work. The left actually criticized him for it. I cant wait to get into this and hillary, deflecting criticism saying there was no subpoena for emails and proven wrong yet again. What difference does it make . Weve got a big day coming it does make a difference. Varney company starts right now. Were talking about over 3,000 stocks that trade here on the floor of the New York Stock Exchange that are still halted at this time. Do we need it anymore . And its an anachronism almost this is odd to me. I think theres something more that we might be missing only because behind the scenes we dont know whats going on. This market has proved completely side ways since this happened. I dont know if someone is pushing the pause button, but it feels weird. Of course we were all over that big story, Varney Company and the fox business network, this was the place to be when the news breaks, its always the place to be an
Should you buy it . Well have the answer. Varney company, were about to begin. Straight to the big news. Lets look at the scenes by the way. Greece, theres a big pro bureau rally last night and three hours from now. The Greek Parliament will look at the proposal and it will reshape europe one way or another. Hes still there. Ashley webster, an amazing job, ashley. You may have seen it the finish line whats it look like . Im two weeks away from greek citizenship, put it that way. And a handsome match. Listen this proposal will be debated in parliament and it wont happen until 10 p. M. Local time. Right about now, its siesta time, but certainly not with the politicians trying to figure out whether they can propose this deal that the eu creditors will indeed accept. Weve had some interesting news out of the u. S. Treasury secretary jack lew speaking in washington and whats going on with greece. He said quote, i do not roll out damaging spinover impacts on the u. S. If greece exits. Now ex
Suffered its own sec nicktechnical difficults. And also this morning, a glitch stranded thousands of passengers worldwide causing heavy delays at most major airports. Some 3500 United Continental flights were affected by a faulty router. The combination of all of the supposed glitches prompted jay johnson to step out in public and address the matter. It appears from what we know at this stage that the malfunctions at united and the Stock Exchange were not the result of any nefarious actor. We know less about the wall street journal at this point but that their system is back up as is the United Airline system. All coming on the same day that the fbi director testified on capitol hill about how ill prepared the United States is for cyber attacks. Im here to tell the American People that the tools you have given us are not working the way you expect them to work in the highest stakes matters. I need help figuring out what to do about that. An incredible Statement Given that were in the s