Be escalating the civil war. There are new concerns the assad regime is preparing to use chemical weapons. Lets get to our pentagon correspondent barbara starr. Barbara, how does this change the u. S. Militarys syria plan . Are we talking u. S. Troops, boots on the ground . Well, not at this point, clearly, deb. But what we do know is that u. S. Officials tell us that they are updating some of the military options for action against syrias chemical weapons capability, why are they doing this . Of course, we chatted about this in the last several days. Officials say they do have the intelligence now that syria has filled aerial bombs with deadly sarin gas. Havent moved it to airplanes yet, but this is very concerning because that, of course, would be the next step. So once you have the deadly bombs, the u. S. Has to look at what the options could be, what they might want to target to essentially take out that kind of capabilities. So thats the options that are now being worked on. Deb .
From another cash infusion . Ben pace says hes expecting the Federal Reserve to announce another round of stimulus at the meeting next week. Is that what the markets really want right now . Ben pace joins me along with chris heize and rick santelli. Ben, lets talk fed policy. You think the fed announces qe4 next week . I think its the fact the twist operation is ending at the ends of the year, and they dont feel compelled to incrementally tighten that. That means it has to be replaced. Thats the qe4, the fact theyll continue to buy to continue to be just as easy as theyve been since the september 16th qe 3 announcement. So you think its a continuation. Whats the impact on the market, do you think . Is it priced in . Are we expecting that . What do you think . I think its generally priced in. The thing that concerns me the most is the effectiveness of Monetary Policy here is starting to get less and less as time goes on. The shock and awe impact we havent really seen. Its more of a fisc
Taxes no matter how the fiscal cliff works out. And Larry Ellison knows it and pays to avoid a dividend tax. Gets 200 million dollars. Im still shaking my head. Ambassador anna wintour . Varney company is about to begin. [ male announcer ] this is steve. He loves risk. But whether hes climbing everest, scuba diving the Great Barrier reef with sharks, or jumping into the marke hgoes with people he trusts, which ishy he trades with a company that doesnt nickel and dime im with hidden fs. He caworry about other things, like what the market is doing and being ready, no matter what happens, which isnt rocket science. Its just common sense, from td ameritrade. I heard you guys can sp ground for ss than the ups store. Thats right. Ive learned the only way to get a holiday deal is to camput. You know weve be open all night. Is this a trick to t my st . Male announcer break frothe holiday stss. Save on ground shipping at fedex office. Ambassador anna wintour, its got an interesting ring, does i
The holidays and enjoy the lowest prices of the year. Top of the hour, everybody. Nicole petallides on the floor of the new york stock exchange. Nicole would we got our jobs numbers, we saw the futures go from negative territory into positive territory. We arent out of 33 points on the dow jones industrial. The nasdaq is lower. Connell there were 146,000 jobs added in the month of november. Breaking news from washington. The speaker of the house john boehner. Lets listen in. The tax hikes that the president campaigned on, that had more stimulus spending then cuts. And indefinite, infinite increase on the debt limit forever. Four days ago, we offered a serious proposal based on testimony of president clintons former chief of staff. Since then, there has been no counter offer from the white house. Reports indicate that the president has adopted a strategy to slow walk our economy right to the edge of the fiscal cliff. Instead of reforming the tax code, the president wants to raise tax ra
Oil, oil was not a dark spot at all today, in fact, it was good news for those looking to see a little bit of those sinking prices getting back to a level where it may not interfere with the economy the way it was beginning to. Oil stepped back about one and threequarters percent today closing at 86. 38. Liz the ecb cutting at least the rate forecast of growth and so, nonetheless, that didnt help the picture, but the tech sector rallying today. As we mentioned, apple helping to push the rebounded after yesterdays steep drop. It hit a fouryear low yesterday. Lets look at iyw, apple makes up more than 22 of this etf which also holds tech heavyweights ibm and microsoft, threequarters of a percent gain, and then the tech etf xlk also rose today. The funds very large holding is, of course, apple. Weve got two ceos coming up that you are going to want to listen to. Tom is the ceo of tmx group. It owns and operates the Toronto Stock Exchange to our neighbors in the north, here in studio talki