Good evening everyone, and welcome to the support group, we invite you to sit down have a shoplifter drink soft drink or maybe something a little stronger, what has happened to the stocks that went up last year, why have the shares that loved you so much in 2013, facebook and amazon, turned cold . I cant promise any definitive answers, a few weeks ago at least we had crimea or china or yellen to point to. But in the past few weeks including this one the worst for the nasdaq and s p, including this one, maybe it is just momentum in reverse, the stocks went up for seemingly little reason when they rose, now theyre fallen just because they can. You are forgiven if you want to avert your eyes, the dow falling, suffering its first weekly loss in four. The nasdaq, which is actually higher shortly after the opening bell fell hard down 54 today, closing below 4,000, techheavy nasdaq now down 6 and a half percent since three weeks, biggest decline, and s p seeing the biggest drop since june 201
Welcome to the support group, we invite you to sit down have a shoplifter drink soft drink or maybe something a little stronger, what has happened to the stocks that went up last year, why have the shares that loved you so much in 2013, facebook and amazon, turned cold . I cant promise any definitive answers, a few weeks ago at least we had crimea or china or yellen to point to. But in the past few weeks including this one the worst for the nasdaq and s p, including this one, maybe it is just momentum in reverse, the stocks went up for seemingly little reason when they rose, now theyre fallen just because they can. You are forgiven if you want to avert your eyes, the dow falling, suffering its first weekly loss in four. The nasdaq, which is actually higher shortly after the opening bell fell hard down 54 today, closing below 4,000, techheavy nasdaq now down 6 and a half percent since three weeks, biggest decline, and s p seeing the biggest drop since june 2012. Well, our market is calm
Welcome to the support group, we invite you to sit down have a shoplifter drink soft drink or maybe something a little stronger, what has happened to the stocks that went up last year, why have the shares that loved you so much in 2013, facebook and amazon, turned cold . I cant promise any definitive answers, a few weeks ago at least we had crimea or china or yellen to point to. But in the past few weeks including this one the worst for the nasdaq and s p, including this one, maybe it is just momentum in reverse, the stocks went up for seemingly little reason when they rose, now theyre fallen just because they can. You are forgiven if you want to avert your eyes, the dow falling, suffering its first weekly loss in four. The nasdaq, which is actually higher shortly after the opening bell fell hard down 54 today, closing below 4,000, techheavy nasdaq now down 6 and a half percent since three weeks, biggest decline, and s p seeing the biggest drop since june 2012. Well, our market is calm
Together. Kwaer very excited to have them join us this morning. Tweet us with questions from them, as well. Joe, back over to you for some headlines. Okay, becky. Ill read these headlines with maybe a little bit of an echo. I mean, im its like so alone here. But, you know, its okay, i guess. Youre kind of with me, right . Hey, joe, guess who i have with me. Besides warren . Yeah. Can you take a shot, jerry . Oh, i know, i know, i already asked. Ive already asked for mac, yeah. You know how that take a shot of yep. Hi, joe. Ive told you, he completes me. Ive said that to him before. Yes, thats why i took him. Is it a leaky roof . I never know what it is. Sick dog, what is it this time . Its okay on, but i found out he was with you and at least hes doing something. Right. Usually hes just you know, let me get on to these stories here. I almost said some anyway, the major story dominating the markets are morning is coming out is ukraine. Russian forces have seized the Southern Area of cri
This after it hit a new 13year low of 9. 52. Back to you. Adam thank you very much, nicole. And now the latest on Jpmorgan Chase. Ceo jamie dimon met with u. S. Attorney general eric holder on a reported 11 billion settlement over mortgagebacked securities. Were all over this story. Rich edson is reporting from washington, d. C. , Elizabeth Macdonald is working phones here in new york, but first lets get up to speed with rich. Reporter good afternoon. He walked through the front entrance, slipped out the side door in a black suv. Jamie dimon spent about two hours at the Justice Department. Attorney general eric holder says he met with dimon, this following reports jpmorgan and justice are discussing an 11 billion deal in connection with abuses in mortgagebacked securities. At an unrelated press conference, holder refused to comment on the specifics of his discussions with dimon, though acknowledged the departments focus on financial crimes. This is something that is a priority for this