Britain has raised its terror level alert, saying an attack is now likely. We will hear what Prime Minister David Cameron said and have expert reaction. And is the market in for a rough september . Some now wondering if investors will come back from vacation on tuesday and wake up to the global turmoil thats engulfing the world, from the Russia Ukraine mess to the growing Islamic State threat. The stock market has largely ignored it all and continued to make new highs. Can and will that continue next month, again, when everyone is back from the beach . And call this, kelly, game of drones. Google in the drone business in a big way. Is the objective just delivering stuff or is there something bigger at work here . We will explore that all. In the markets right now, the dow is off 11 points, the nasdaqs higher by about 15, the s p 500 is higher by about 3 points. A mixed session, and one, brian, where the s p has been hugging that 2,000 level, frankly, for most of the afternoon. And ive
About 0. 3 . Nasdaq composite also in positive territory to the tune of 9. 5 points. S p 500 higher by 2. 25 points. Fractional move there at 1379. Meanwhile, cease fire between israel and hamas announced earlier today. We saw an Immediate Reaction in the market. Take a look at this chart. The dow rallying as soon as the news hit the tape. We saw oil go down, as a matter of fact. Things are coming back here. Lets get to it with our next guests in todays close clclos exchange. Theoretically, the cease fire is an hour old. Markets responded initially, but theyve sort of regressed after that. You just saw the Dow Jones Industrial average intraday. We saw a move to the upside. Dont call it a super rally, but certainly definitive. The markets had been very nervous about whether the situation could eventually explode into something far bigger in the middle east. Theres the intrasession for the dow as well. The news came along with secretary of state Hillary Clinton announcing that the egypti
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
Means six months or that type of thing. From yellens lips, new Federal Reserve chief janet yellen in her press conference puts a chill into stocks when she indirectly spells out when Interest Rates may start to rise. The market was surprised. Should it have been . What investors need to know now. All that and more tonight on a special edition of nightly Business Report from the nations capitol for wednesday, march 19th. Good evening, everyone. Susie gharib has the night off. Im Tyler Mathisen in washington where there was calm and confusion at Janet Yellens first policy meeting as chair of the Federal Reserve. She dropped an explicit Unemployment Rate target for rising raising that is the federal funds rate. That was the calm it was widely expected. What wasnt expected and caused some confusion was some musing or was the more than that about specifically when the fed might start raising Interest Rates. Her interest made many think that that day may be sooner rather than later. Stocks q
Means six months or that type of thing. From yellens lips, new Federal Reserve chief janet yellen in her press conference puts a chill into stocks when she indirectly spells out when Interest Rates may start to rise. The market was surprised. Should it have been . What investors need to know now. All that and more tonight on a special edition of nightly Business Report from the nations capitol for wednesday, march 19th. Good evening, everyone. Susie gharib has the night off. Im Tyler Mathisen in washington where there was calm and confusion at Janet Yellens first policy meeting as chair of the Federal Reserve. She dropped an explicit Unemployment Rate target for rising raising that is the federal funds rate. That was the calm it was widely expected. What wasnt expected and caused some confusion was some musing or was the more than that about specifically when the fed might start raising Interest Rates. Her interest made many think that that day may be sooner rather than later. Stocks q