All those gains and now we are back to where we started the day. The nasdaq, the biggest gainer, up about. 7 . Energy stocks have been the biggest laggard all day. Lets look at the smp year to date as we get closer to the end of the year. We are lower by a little more than 2 with just eight trading days left. Higher inhas finished the past three years, but we are on track to break that will stop this is the seasonality chart and we are on track for our worst december since 2002, when december ended down by more than 6 stop we are on track to be 3 . By a little more than david not many indications we will be making up that ground by years end ramy . Ramy especially with some new research coming out saying that a year rally for the s p is in doubt ill stop we would need to rally about 2. 7 by the end of the year. Weve got eight trading days and the s p has only done that in the last eight days of the year just five times since 1928. Days were only positive 15 times, thats about 17 of the
Last night she said oh i feel so down when i feel left out so i, i turned around this for sure good monday morning. Welcome to squawk alley. Carl is off today. With me, john fort, holding down the fort at post nine. Joining us also, the cofounder of aol ventures, now president at confide. A lot to get to in the tech sector. The markets are making up some of the losses from friday. We had steep declines on what was the second highest volume day of the year, the dow fell more than 350 points. Crude hovering around 34 a barrel which continue to be one of the leading stories in the market. Bob is on the floor with more. As we are counting down, bob, to the end of the trading year. Yes, and were up, and we should be up. The fed has made its decision. Options exploration is over. Were in a new oil contract. This is the seasonally strong period. Particularly the time when you pick up the beaten up stocks this year for possibly gains next year. The problem is this lower for longer theme is rea
May be to step back, the starting point of the conversation is to recognize that our country has an epidemic of corporate crime, abuse and violence which we all suffer its evident in the financial crash of cost the country 22 million in the blowup in the oil spill in the environmental disaster in the nations history nations history arguably and numerous food safety crises and disasters that kill dozens routinely in the new england compound scandal in Workplace Safety and Health Issues that rise on a dalia basis and much more. We have to step back and say we dont do a very good job of dealing with these problems and one marker of that is if they persist over a long period of time we have an issue about how we set the rules for what is permissible for corporations to do when we say no you cant compare all human life and know no you cant threaten the environment. We have to make sure the rules are being followed, supervisors look at the think tank sure they are following the rule and it t
Atlantic he highfashion makeover. You see if its new uniforms are a sign of a bigger revamp and we look at why two letters are all you need for an app to go viral. Lets get to our top story. Nicolas sarkozy has been charged with influence peddling after 15 rounds of questioning by police. Good morning. What are the details of the charge . Is interesting is this is the first time in recent history is that a french president is being held into custody, like we saw last night. Questioneds, he was by the anticorruption judges in the suburbs of paris before being officially charged with influence peddling. Sarkozy isolas accused of is allegedly influencing a judge, seeking information from this judge in exchange for promising the judge a prominent position as a government advisor in monaco. So the information that Nicolas Sarkozy was looking for is related to another case on alleged illegal financing of his president ial campaign back in 2007. And the investigators are looking into whether
Today, a democracy now broadcast exclusive, we speak with alayne fleischmann, the whistleblower who helped the Justice Department forced the bank to pay one of the largest fines in american history. You might be surprised what she says about the bank as well as the obama white house. She is featured in a new Rolling Stone piece a recently returned matt taibbi. The significance of this story to me is that it talks a lot about the legacy of eric holder. We finally have somebody from the inside who is telling us what a lot of us expected all along, that the Obama Administration did have enough evidence to proceed against a lot of these banks, and they just did not do enough with that evidence and those witnesses. And we finally have someone like alayne fleischmann who can tell us all about that and all that went on. All that and more, coming up. Welcome to democracy now, democracynow. Org, the war and peace report. Im amy goodman. A federal Appeals Court in ohio has dealt a blow to Marria