About 15,700 to be in the green for the week. We are well in that territory right now with this 140point gain. And why are stocks higher with another anemic jobs report . Is the street discounting the number due to the bad weather weve had . Is it betting janet yellen will taper the taper because the economy isnt where it needs to be . Well get a team of top minds making sense of all this including former chair of the White House Council of economic advise errs cris errs christina. And smash burger expanding across the ghuntcountry in a bi. Why they have confidence to grow and create more jobs when others are seeing red flags. Lets recap where we stand as we head into the final hour of trade. The dow up 140 points at 15,771. That leaves it in positive territory for the week. Take a look at the nasdaq, up 60 points to 4117. And finally the s p 500, pretty strong rally adding 20 points. Its now 1,793. So here we go. Final hour of trading in what has been a very volatile week. Joining us
Expiration. Bill, the question which well get to in one second is why. So here is where we stand in markets right now. The dow is up 161 points. The s p 500 adding about 18 to 1854. If we hold, there will be a new record closing high. The nasdaq up 40 points above the 4,300 level at this hour, bill. Lets ask that why question you posed. Get to our closing bell exchange. Our round table includes Patti Edwards from u. S. Bank, Quincy Crosby from prudential financial, anthony chen from chase and our own Rick Santelli in the windy city as well. So, patti, why is the market up as much as the dow was up 190 points at the its peak today. Why is the s p near alltime high territory . Were getting through earning season and 75 of the reports have been better than expected. You add to that it looks like weve got a little bit of resolution in the ukraine and the fact that people had been taking money off the table and its time to get back in. I think people are just going where the best deals are
Well. Well get to that in a moment. Two exclusives with two heavyweights the street widely follows. Nouriel roubini joining us. Hes about to turn bullish on some emerging markets. And jim grant from the grant Interest Rate observer. He has his own unique take on the message the fed is taking about when raids will rise and some opportunities on Global Markets. I cannot wait to hear jim grants take on Janet Yellens News Conference last week. Thats pay per view material right there. Speaking of pay per view, nba mega star kobe bryant just invested millions of his own dollars in a new sports drink. Kobe will join us live in just a little while, get his take on that. Plus, well talk about phil jackson joining his rival the new york knicks. Thats coming up on the closing bell. Do not miss that. Here is where we stand in markets. Entering the final hour of trade, the dow is up just shy of 100 points. Is it significant we were at that resistance level . Art cashin was over here talking to us a
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