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Transcripts For CNBC Closing Bell 20140808

Junk bonds too. Well discuss whether this aversion to ris sk a red flag now or perhaps a sign of capitulation. A minor bounce this morning even with the big selloff in asia last night. Up 162 for the peak for the dow now up 135 points. All the other averages higher as well. The nasdaqs up 30 right now, trading at 4,365. And the s p has come back quite a wit bit from lows of last night, now up 16 points at 1,926. Rich peterson from s p capital iq. Monica meda. Bill willis from princeton securities. And Rick Santelli as well. Ben willis, lets start with you on this crazy market day. Is there any doubt now that this market is influenced greatly by geopolitics . I hate to start off this way, but i dont believe its geopolitics. I think geopolitics is part of the fuel thats triggering the currency markets, which is really whats been driving the Technical Levels of this market. We hit 1,890 on the s p futures this morning, a critical line that happened to be 4 00 a. M. Before most of us were

Suitable Seating and Private Attorneys General Act Enforcement

In Meda v. AutoZone, an employee quit due to PAGA violation claiming AutoZone failed to provide suitable seating to employees at the cashier and parts counter workstations. The Court of Appeal held an employer must be expressly advised they may use a seat during their work.

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