A lot of the traders still think that the trend remains to the upside. All three of the major averages have up arrows. Around 1812, 1814. We were watching for that as well as in the meantime, higher at the moment, watching this treasury balance. That is a big deal. Manufacturing data came a better than expected. The fed is going to us stop the bond buying and people selling of bonds quickly. New highs for Great Companies. Goldman, 90, American Express to microsoft ball hitting new highs. Jo ling kent over there. 17158 is the height. 8653. And then i cant leave out nike. So those are the highs of the day. Watching that very closely as well. Adam Opening Weekend was a disappointment. For the first time in at least seven years retail spending dropped over thanksgiving weekend. That is according to the National Retail federation. The early numbers showed total spending fell nearly 3 from last year. Expecting sales to jump. Lori hilton that tells looking to raise big bucks in its initial Pu
Of sleeping. Big things ahead today, right . Youve got the exclusive with schul schultz, we cant wait for that. Its not about the triple pu on. The value of the payments business at starbucks talking about how much its worth and how important it might be here as a rival to some of these card companies. Yeah. Look, bob nardelli made a great point if you can cut out the little big, the vig that visa and mastercard get, if you can make it so someone nearing the store is able to pay for it ahead of time and own the register why should this be limited to starbucks. This is a trillion dollar market and Howard Schultz moved over from his daytoday running on starbucks to focus on this. Is it worth more than the company . Same say it is, i think its a little bit of hyperbole but well find out. So fascinating. The red carpet on the stairs behind you looks like the dolby theater like youre in the Academy Awards and youll sit next to hanks and brad pitt. Wow. I mean, if they show up if Richard She
President obama said in a cbs interview that russia must move its troops that on the ukrainian border. The president also warned russia not to revert at to cold war practices. Inwe have no interest circling russia. We have no interest in ukraine beyond a leading the ukrainian people make their own decisions about their own lives. And it is true that we reject the notion that there is a along theinfluence russian border that then justifies russia invading other countries. At this afternoon, the Un Security Council is planning to hold a secret meeting to discuss the crisis. Russia has rejected a yuan resolution affirming the territorial integrity of ukraine. Mood among a strong the vast majority of russians that the United States is very happy to facilitate russia declined, Energy Diversification away from russia and even Shock Therapy which i do not necessarily agree with. But that is their perception. And they are sitting on red line which they take much seriously than we do, on ukrain
After the bank of japan surprises World Markets with additional stimulus. Shares of starbucks heading in the other direction. Lower premarket after Quarterly Sales disappoint. We will talk to Ceo Howard Schultz about that in an exclusive interview later on in the hour. And citi adjusting its previously reported Third Quarter profit, setting aside an extra 600 million to cover legal costs. We are going to explain exactly why. Well, a global rally for stocks on a morning that could see the dow open todays session in record territory. This after the bank of japan unexpectedly announced additional stimulus measures, including plans to buy more japanese government bonds and other assets. U. S. Stock markets on track to finish what has been a volatile october on the up side. Jim, some 2 1 2 weeks ago, would you ever have thought we would be sitting where we are today . The numbers are unbelievable, from the lows, the dow is going to be up 9 , s p 10 , nasdaq 11 . Whats amazing here this is a
Assurances say if the Union Rejects them, they will reward them. Not fair. The survey say that comcast and time warner are dead last in Customer Satisfaction, netflix anyone . Weve got a big show, stay settled, Varney Company is about to begin. Here it is. The snow arrived and its moved in. Much of the east coast under that white blanket. The ice forming taking down the trees and the power lines, it is a mess. Look at this video. People on their hands and knees clearing ice off the road with hand scrapers so an ambulance can get through. Believe it, it happened. Driving is a nightmare, jackknifed tractortrailer scenes like this everywhere. And reporting hundreds of crashes, too many to count and more than a half Million People without power. 350,000 in georgia, 240,000 south carolina. 100,000 in north carolina, that number is growing rapidly. This is what it looks like rights outside our studios now. Thats a blizzard. And this thing is going to runway into tomorrow morning. All right .