i m up next, but now i m singing the heartburn blues. hold on, prilosec isn t for fast relief. cue up alka-seltzer. it stops heartburn fast. oh what a relief it is! turning to wall street. first day to absorb the idea of jack lew, the s&p starts today at its highest level in five years. and we re seeing evidence that average investors are getting back into the market. cnbc s becky quick joins me for a market rundown. we don t get to do it every day these days, but we re working on this to get our little dance back together. you know, this makes it sweeter when we do get to catch up. fair enough. jack lew, what s wall street think? you know, jack lew there are people who look back and forth at this. and there has been a raging debate on wall street. the instant knee-jerk reaction was that the business leaders, business community, would like to see somebody who would listen
news division clothing. finally, attorney general eric holder s chief of staff announced he will be leaving the justice department. he was named by republicans and their probes into the fast and furious case. he has been holder s chief of staff since 2011 and worked on and off for the justice department since starting as a federal prosecutor in 1982. how is wall street react iing t the house republican plan? let s get to the market rundown. joining me now becky quick. so you guys are calm, right? remain calm, all is well. reporter: yeah, all is well. things are going well. actually it s good news that you have two different plans on the table. that means you can make progress even if it seems like those two plans are worlds apart. hey, they have a blueprint for how they can get to a compromise, get to middle ground. one thing we ve been watching, how firms are acting differently ahead of the fiscal cliff. you have a lot of companies, over 110 now, that have talked about how they re g
we ve come to learn that intelligence people knew it was a terrorist raid and we had no explanation as to why we couldn t protect our ambassador and lost our first ambassador in the line of duty since 1979, if those questions aren t answered then there s not going to be a confirmation in my judgment. all right. i have to leave it there. georgia republican senator johnny isakson, thanks for coming on. thanks, chuck. optimism over the fiscal cliff is fading in washington but not on wall street. they continue to believe a deal is coming. the market rundown is next. and from secretary of state to new york city mayor, michael bloomberg s crazy speculation today allowed hillary clinton s future. remember who the deputy mayor is in new york city. maybe it s not so crazy. but first, today s trivia question. how many current senators are named john? any spelling of the name counts. you ever notice that some people just have a knack
united nations in it would it chuck, i worked at the united nations and i know it s far from perfect. you see the name and it makes some folks well, it s foolish. i think you have to look at the substance of what this treaty provides, match it with what our commitment is and the americans with disability act. nice to see you. thank you both for being on. how much is wall street paying attention to the fiscal cliff nonsense this week. the market rundown is next. hillary clinton issues a new issue to syria not to use chemical weapons. are they worried about something? and rocking the white house, why the president is mixing it up with led zeppelin.
henry mancini and led zeppelin have the kennedy center honoree thing in common. oy. the markets will keep watching the slow going fiscal cliff negotiations today. how will wall street react to the latest maneuvering? to the market rundown. we ll let you know when to pay attention. is that still the case? i have to admit 28 days and counting. if we re in the same place in two weeks, i ll be nervous. the 15th they have to have a deal. it s nothing. it is if you want companies to deal with what this is going to mean in terms of taxes. i m starting to sweat this out. we spoke with jim o neill of goldman sachs, a great voice,