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High. And the s p 500 is about 20 points away from a record close. Gold and oil also rallied. The feds stess tests on banks shows Ally Financial was the only firm that might not be able to withstand a deep recession. The other 17 banks passed. Goldman sachs and Morgan Stanely were near the bottom. Pandora is still in tune with wall street. The Company Reported a 14million loss after the close, but sales are up 54 , and the ceo is stepping down. The stock rallied 19 last night. There is the sound of the bell, and larry shover of sfg alternatives is ready to get the day going. What is your prediction, larry, on todays jobs numbers . Right now i am expecting 7. 9 , unchanged on unemployment rate. About 163,000 adds to that number. What do you make of the Bank Stress Test . Well, the stress test basically came out as expected, nothing really beat the surface that caused any kind of angst to anybody, especially because the Market Action we saw yesterday, nobody really seemed to be very surp
United-statesIndiaBrazilChinaFloridaEvanstonIllinoisNorth-koreaSouth-koreaLondonCity-ofUnited-kingdomWelcome back to squawk. We have odd breaking news this morning. We reported earlier today that home depot and excuse me, office max and office depot were merging. Theyve taken that press release back. Apparently the negotiations are still ongoing. This according to dealbook. Well find out more throughout the day. Thats where things stand as we speak. Robert wolf has been our guest host. Thank you for being here. Its been a lot of fun today. Well see all of you tomorrow. Join us tomorrow. Squawk on the street begins right now. Good wednesday morning. Welcome to squawk on the street. Im melissa lee, with carl quintanilla, jim cramer and david faber at post 9 here at the New York Stock Exchange. The day after we broke a lot of records for the u. S. Markets, were looking at an update for the dow. The s p looking to give back just a little bit, along with the nasdaq. As for the picture over in europe, some comments from germans chancellor Angela Merkel about the euro saying between 130 and
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