Here. Let me show you oil, wti crude, for a time this rally occurred even though the price of oil was sharply lower, as you see there, until near the close. And look at that turned right around and became positive again. Article carbon reminding us all day that to keep an eye on wti crude because its still calling the shots in this market now. That is an important point, we continue to debate those areas, as Oil Continues to fall or not. Retail names to focus on as well. Get to where we stand with the markets, an hour to go near the highs of the session, dow up 319 points, about 1. 8 exactly the same as the s p is at the moment of 37. The nasdaq adding 88 points a little pit outperformer today but only pie a little bit. Nevertheless, some pressure across the internet name there is, bill. Get to our Closing Bell Exchange for this thursday. We have got cnpc contributeor Heather Hughes with us. Hi there. Jim lowell from adviser investment. Joe hider from cirrus wealth manmanment with us m
Inking a major deal with sam sunk and blackberry ceo john chem is here in a first on cnbc interview to tell us more in just a few minutes. The dow up 16 points, as you can see, the s p relatively flat, slightly negative, the nasdaq also flat for the session overall. Remember, we have five record highs and then two days now where we have been unable to do that after a massive rally over the last month. Joining us in our Closing Bell Exchange to talk about these markets, Heather Hughes of sun america funds, rob more gam from v 26789 v associates, meg green of meg green and associates and jim lowell from adviser investment and very own rick san tellism welcome to you all. Welcome to the show. Let me show a chart very quickly, meg, direct this at you, where we have come the last month in the s p 500, an 8 1 2 rise, rallying from all the lows about concerns about ebola and the economy and now as you see, beginning. Isis. Meg, are you still bullish on this market . Im always bullish. I am ve
We saw this when stocks looked like they would run with the bulls. When i fired up the pc at 3 30 a. M. It seemed like our market was about to explode up perhaps as much as three quarters of a percent. Since every major stock market was roaring and oil was drifting down, not a lot of fervor. And then a parade descended on this market like a flock taking everyone by surprise. First oil rolled over in a big way. I will tell you about oil later. Every time oil gets pounded not a gentle push but a genuine beat down where sellers are giving it the business you get a huge slug of selling just about everything. Only the restaurants and bio tech were spared because restaurants are viewed as beneficiaries of lower prices at the pump. There is a lot of deal making at bio tech. We have a box of morton salt and a sack of mrs. Dash poured into the wounds by Goldman Sachs. It is one bullish forecast for oil pretty much in half as news trickled down of that bludgeoning. You could tell crude would dro
Fronts. Varney and company is about to begin. Police storming the cafe seized by a radical islamists for nearly 16 hours. Listen to this. Stuart the condition of the hostages and the armed man still not clear at this hour. There are some reports that some hostages were injured. It appears, however, that the whole thing is over. He claimed to have planted bombs in the cafe. Made hostages hold a flag made icier in ruffles in the window. Officials are calling this an act of islamic terrorism. The significance of this story is all about loan wolf terrorist doing Something Like what happened in sydney here. It is inevitable it is coming here. We are worried about peoples privacy. And lots of these things that this guy did he has been known to the police over there. This guy has been a problem and a troublemaker from the beginning. Here we go again. We worry about peoples rights. When they want to react like this, where are the rights of the people that are held hostage . Stuart how on earth
In a few hours israeli voters will begin to choose their next government. The polls show that Benjamin Netenyahu faces an up hill battle to stay in power. His comments could have vast implications for the region and u. S. , israel relations. Dana lewis is in jerusalem tonight. Reporter netenyahus defeat in the elections given the recent comments about the state of Palestinian Affairs would be seen as a victory for palestinians. Some leaders told us they would do anything on tuesday night to bring about his defeat in these elections. You have him out today making some comments saying he would continue Settlement Expansion around east jerusalem. And he said he would favorite a twostate solution but it is irrelevant that any land seated in palestinian would be dangerous. In a television interview, israels Prime Minister laid out a resolution. Whoever moves to establish a palestinian state or intends to withdraw from territory is simply yielding territory for attacks against israel. Those