Former Shell Oil President John Hofmeister is here to weigh in on that. Oils also a hot topic at the university of dayton. The school is going green after divesting all of its fossil fuel investments. Youre going to hear exclusively from the schools president about why he is doing this and his plan to have other University Follow daytons lead as well. Yeah, bill, potentially a lot of money at stake here. Theyre doing it for ethical reasons, but theyre also under pressure, like other universities like stanford, that have done this, from students. All right, want to see whats happening with the market right now . Heres what were doing today. As you can see, kind of a meandering session. Selloff on the open this morning following what happened in asia and europe overnight and this morning. Nasdaq is up just a tiny fraction right now. Its the only of the major three averages thats actually in the green at the moment, while the s p is down a point and a half at this moment at 1,961. Lets ta
Vote the presiding officer are there any senators in the chamber wishing to vote or change their vote . If not, the ayes have it, 5638. And the nomination is confirmed. Mr. Reid mr. President . The presiding officer the majority leader. Mr. Reid i move to proceed to the reconsider the vote by which cloture was not invoked on the watt nomination. The presiding officer the question is on the nomination. Is there a sufficient second . There appears to be. The clerk will call the roll. Vote vote the presiding officer anyone wishing to vote or change their vote . If not, the ayes are 54, the noes are 42, the motion is agreed to. Mr. Reid mr. President . The presiding officer the majority leader. The senate will be in order. Mr. Reid we have four unanimous consents for committees to meet during todays session. They have the approval of both me and senator mcconnell, and i ask consent that these requests be agreed to and be printed in the record. The presiding officer is there objection . Wit
Higher to the tune of 1. 7 . One auto expert is saying stay away from the stock and the vehicles because of a string of bad crashes recently. That includes one instance where a tesla was split in half. Are her concerns valid . Well hear both sides of this debate. Heres a reality check for all of us. Are you financially smarter than a 15yearold . 15yearolds in 18 countries, including here in the u. S. , were tested for their Financial Literacy. The results for the American Kids were mixed. Well tell you about that coming up. In the meantime, find out how youd compare throughout todays program. We will be asking some of the very same questions that those 15yearolds had to answer in that Financial Literacy test. See if you can get them right. Heres where we stand in markets now. Dow up about 78 points. It hasnt reclaimed the 17,000 level it punched through last week. The s p 500 is up about 8. 5 points. 1972 is the level there. Nasdaq up about 25, bill. Kelly, we have a cast of thousands
Melissa happy friday to you. I am melissa francis. Lori and i am lori rothman. We will tell you how to protect your investment. Melissa how worried is business . U. S. Chairman joins us in just a few minutes. Lori boeing 787 dream liner is safe. If boeing stock safe for your portfolio . Melissa if your new years resolution is to get in shape, this one will hurt. The gym membership, at that price, they better be working out for me. [ laughter ] all right, time for stocks now as we do every 15 minutes. Lauren a sibling that he is standing by. Stocks struggling today. Holding this titrating pattern for much of the session. The dow is up seven points. Energy is flat. Lets take a look at wells fargo. Profits hit a record high. That is good. They are not doing as many mortgages. They are the nations biggest lender. You can see it is down by one and a quarter percent. Cheryl how did last years drought play out . Jeff it was pretty wild in here today. Five of the past six years, this has been
We have not seen a fourday losing streak for the bluetooth chip. They got an upgrade from piper jaffray. A nice 2. 5 gain from intel. Back to you. Lori many thanks as always. September is the worst performing month. With just days to go, my next guest says they should take that pattern with a grain of salt. Why are you not as concerned . We know this is historically one of the weakest times for the stock market. That is right. That is usually the case. Obviously, some kind of hedging is always appropriate. If you look at the last four years, september has actually been an up month in three of those years. I would be a bit more worried if Investor Sentiment was more bullish going into this month. Of course, the market had a lot of shortterm momentum. It still has very positive longterm momentum. This pullback follows a breakout by the s p 500. We generally should be having pullbacks as buying opportunities, in my opinion. We already have an oversold rating. That number has got an higher