Nicole this is one of those markets with a lot of anticipation. Every focuses on the fiscal cliff. Tomorrow is the allimportant jobs report for a lot of folks have been hearing more Economic News which has been more dismal lately. Talk about more layoffs they have seen in november. Right now the market is not too far off the unchanged line. The acidity holding 1400. The tech of the nasdaq still below 3000. Today apple is now moving into the green and that is one of the reasons why it is holding on to a quarter percent gain. Apple 700, 705 in september traded as low as 518 today. Certainly has been under significant pressure, however people use that as a buying opportunity which is evidenced in the twoday chart. With the fiscal cliff fast approaching, naturally its about time lawmakers took a long recess. Theyre gone today, but will be back tuesday. It meets with Small Businesses in their district, they will highlight what they say i see ae Small Business tax hike president obama is pus
Says ceo joins us from kansas city. Lori white takehome pay may be less than previously thought. Melissa president hugo chavez to be sworn in their reports are swirling he may be losing his battle with cancer. Now it is time for stocks with Nicole Petallides at New York Stock Exchange with the jobs report. It looks good. Holding above 13,000 ford 30,400 with the Dow Jones Industrial average. Obviously what a nice run. Kicking off 2013 beautifully. Helping the 401k to soar. Do not get ahead of ourselves but it is now better than expected. But it is the right direction. Look at some names of the banking index Morgan Stanley and Goldman Sachs are pulling back but they did upgrade city group and with the housing we band of route rebound and over a Deutsche Bank we have seen them do well today. They are up 45 each. Lori said job numbers are in job creation was in line with expectation the revision has the Country Holding steady. They actually revised the Unemployment Rate. Now lets go to wa
Obamacare. Joining us from capitol hill with more on the secretarys testimony. We are hearing word like shes frustrated, wants to rebuild confidence. What are you seeing and hearing . She is the one i should be held responsible for all of this. Saying hhs secretary Kathleen Sebelius is expected back before this committee in december to talk about how many people have actually enrolled in obamacare. Right now the administration is not saying because they dont have the numbers. Im not asking about what they enrolled in or whether they came in and said they were 65 and work voted as Something Like 27 years old. That should be something of a reliable number. Sebelius the system isnt functioning we are not getting that reliable data. On top of this, another issue democrats and republicans were responding to today was whether or not the president s promise was true when a Health Care Law was passed that you could keep your Insurance Plan if you wanted to. Kathleen sebelius, hhs secretary, sa
Ashley good afternoon, everybody. Im ashley webster. Lori im lori rothman. We knew they were coming, but after unsuccessful talks with congressional leaders the president signaling sequestration is set to hit by days end. The wall street journal joins us on washingtons and the military to deal. Ashley wild swings for the market to finish of the week. Stocks clawing back after being down more than 100 points in todays session. The dow yet again within striking distance of a new alltime closing high. Lori and Cyber Security fears realized. Mcafee gives fox business exclusive access to its control center as engineers track the latest threat. Updating you now on the stock market as we do every 15 minutes, its back to the floor of the New York Stock Exchange to check in with Nicole Petallides. Close to session highs. Reporter close to session highs, close to alltime highs, another exciting day on wall street. Dow jones industrials up 46 points at 14,101, the ethier index taking a breather.
Fort Sheridan Advisors LLC grew its stake in shares of Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 6.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 71,918 shares of the pipeline company’s stock after buying an additional 4,278 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in Kinder Morgan were worth $1,269,000 […]