At this hour, at least right now, there are some modest advances. Germany up by about 14 points. Ftse up by 8 points and in france, the cac up by about close to 10 points. In geopolitical news, we are watching the situation in ukrai ukraine. The Ukrainian Government warns a ceasefire with pro russian fighters would end tonight. If the two sides failed to reach a deal on lastminute talks. Meanwhile, there are reports of heavy fighting around separatist strong holds in the eastern part of that country. Its a situation we will continue to watch. Andrew, right now, baub back over to you. Dupont is cutting its Current Quarter and profit forecast. The company says sales in its agriculture and chemicals unit increased at a slower pace than expected. Nike, posted better than expected quarterly results. The company spent aggressively on marketing ahead of the world cup. Demand for nike apparel and footwear rose. World cup, its the first time nike is sponsoring more National Teams than adidas. N
Not just living off your paycheck. There are some people, call them the 1 , if you want, who can make enough from their ordinary daytoday income to become truly rich, but for the jas majorities of americans, the paycheck is simply not enough to get you there. You need to augment it. If you keep watching, im going to tell you how to do just that, for the rest of your life. Usually i come out here and tell you what i think of the market, what themes i think are doing best, but the truth is, before you even start investing, there are a lot things you want to do. To mean something. Tonights the exception. You may not want to hear this, but its absolutely fruitless to think you can get rich in stocks if you havent laid a foundation for longterm wealth. If youre hemorrhaging money anywhere else, at best it lets you stay afloat. If you plan things better, it might have let you become filthy rich. There are three things you must take care of before you consider even owning stocks. Normally som
Legend bill miller. Well discuss his long bullish eye on amazon. He recently called the company the best run in the world. And we have david faber on that coming up as well, looking forward to that. Heres how weve done so far today. A bit of volatility here and there, but for the most part, just down 48 points on the Dow Jones Industrial average, now trading at 16,798. 17,000 a mere 110 points away. Weve got the nasdaq up, though, up seven points. The Technology Stocks doing well again today relative to the other blue chips, and the s p is down 2 1 2 points right now, trading at 1,954. Lets get to our Closing Bell Exchange for this friday. Rich peterson from s b capital iq, joe duran from united capital, diane jaffray, mr. Arthur cashin from ubs joins us, and we are always pleased to have Rick Santelli with us as well. Arthur, we talked in this program yesterday around this time about the futility once in a while, trying to assign meaning to days activity in the markets here. But you k
Israeli army on a day where missiles once again are flying back and forth. And why brazil 71 defeat by germany could have implications far beyond the soccer field . On the left is president rusef, on the right manager big fill, scolari. And would she may be bearing the brunt of the big loss even more so than the coach. First to sue at the nyse. Stock aring back in the green does the rally have leg . Editor mark hullbert on fast money Halftime Report reported it earlier. He said the fact starting in may trim tabs, which tracks this, called a massive slowdown in buybake announcements suggest that the fact that the market has kept on going has sort of one out over a cliff and perhaps will have to come down to earth. Ron insana with a great piece on cnbc. Com. He maintains the bulls arent quite done yet, so make the case, ron. Ive seen some charts. One person put up 23 different charts, showing this market was at alltime highs in every conceivable manner, a whole host of different indicato
Today for the annual running of the bulls. Joe, any interest in doing this . No. Never . Never. Thousands cram into the streets to watch. Some participating and while bulls are seeing red, joe referred to this earlier, the Nobel Prize Winning Economist Joseph Stiglitz has a market message for the bulls there. He is uncomfortable with stock market levels and stiglitz argues that the high levels doesnt signal a high level in the u. S. A very strong stock market price is a symptom of the weak economy, not a symptom that we are about to have a strong recovery to our real economy. I dont think he is headed to pamplona any time soon. The fact that my multinationals are getting a large chunk of profits from emerging markets. Wait a second, you would run with the bulls . I clearly have an ambition to do that. You cant do that. Its a touch of bait interesting thing to do. You are looking at me like im crazy. Joe said it was a counter what was your i didnt know you needed a nobel prize to say th