Whats driving it . S in past 20 minutes, theres been a reversal, dow and s p snapping a two session losing streak, up arrows across the board right now, and dows up 48 points, and, well, we have more declining stocks than advancing ones, but up arrows. This is what happened. Moments ago, the Atlanta Fed Bank president essentially said this tapering that we are talking about and expecting to happen next month might not fully happen because the Economic Data that weve been getting is relatively uneven, so, perhaps the qe continues longer. Up arrows right now. Back to you. Take it while we got it. Headline with attention, the department of justice and states suing to block the merger of American Airlines and u. S. Airways. We are joining right now live by capital chairman and fowppedzer, also former Continental Airline ceo, Frank Lorenzo on the telephone. Thank you for being here on fox business to help us understand what the ramifications of the doj move are, and what are they . Caller w
Theres a 1year chart of microsoft, something we continue to watch but the big picture on the market, were down 140 points off of the highs of the day top to bottom swing and a lot of this concerns what may occur in syria as the president has support to move in. Adam john boehner is supporting president obamas call for action against syria following his meeting with leaders at the white house. This as we are less than an hour from the first of the series of congressional hearings on military intervention in that country. Rich edson is at the white house with more on all this. Please explain. Rich president obama this afternoon leaving for europe and the g 20 and leaves consideration of an attack on syria in that hands of congress. You just said it at 2 30 this afternoon ashore while from now the first in a series of hearings that start on the senate side continues on the Senate Committee hearing tomorrow and into a house Committee Hearing tomorrow afternoon. When congress is debating th
Favorite plays of the gamee 3 and. Get hired. Ffve words to 3 include on your resume. To 3 make you stand out from the crowd. 3 p3 live ook dc ahead of 3 inauguration monday, january 3 21st 3 3 3 3 3 3 mapgreenspring 3 bat natl pikemmp 3 3 you can just feel the pexcitement across ballimore this morning. The ravens are headee to the super bowl the peam ent into foxborough last niggtt. And pulled out a convincing 283 win over the patriots. We pick it up in the middle of the third quarter. The pavens trail 137. Buttthen. Joe flacco hits dennis pitta from five yards out. The extra lead 1413. Later. Facco hits Anquan Boldin for two fourth quarttrrtouchdowns. This is the second one. From 11 yards out. Givinggthe 3 ravens a 2213 lead. That provee to be enough. And as the lock wound down, tte ravens claimed tte victtry. 3 3 p i just said the god doeent make mistakes, man. 3 to bring us 3 bbak here twice. He had real plan for us the whole year. 3 trip to the super bowl in 12 years. Heyll plaa j
Melissa and i am melissa francis. The extension of the debt ceiling. Will it make the markets feel any more confident . Lori in the meantime, lou dobbs is here. Secretary of state Hillary Clinton testifying on the benghazi attack. Melissa is the economy and low beer . We have an exclusive interview with the American Trucking corporation bill graves. Lori the big apple shrinking . The new trend of micro apartments in manhattan. 250 square feet. Melissa time for stocks now as we do every 15 minutes. Lets head to the floor of the New York Stock Exchange where Nicole Petallides is standing by. Nicole i saw pictures of those apartments, i would love to buy one. They actually look very cute. Lets take a look at some of the earnings related names. Lets start at mcdonalds. It is up about a half here. They expect the management that is not great news there. You can see the up arrow. When you talk about airlines they are up about three and a 3 . Good news there despite the fact that superstar di
Markets now. We get Johnny Mandel on baja see this morning and we are waiting to hear what happens to Alex Rodriguez, we are all over that but of course we started the day at a new alltime high for the dow. Lets check the markets, straight weeks of gains but some losses this morning. Nicole good morning. Absolutely right. We have seen record highs for the dow and the s p, the nasdaq was sitting at 13 year highs but today a mixed market. The nasdaq once again breaking into the green. We had major averages not far off of the unchanged line. Interesting, havent had that clear direction but the trend has been to the upside bit by bit and that is what we continue to see where we had a down day late in the day, stocks broke into the green later in the day. The Dow Jones Industrials are down 40 points, the vix, the fear index is to the upside. The names weighing on the dow today include Energy Shares such as chevron and exxon, that is nothing disney and travelers and the names and coming out