The First Time Since june third. The price tag recovered just a bit. Lets take a look. 92. 26 because of rising supplies and reduce tensions with iran dont expect a price to go higher unless there is another headline. That is something out of the middle east or something going off line due to a problem with one of the refiners but you do see this moving significantly to the downside 1. 43. Everyone is talking about that massive winter storm bearing down on the east coast which could dump as much of as a foot of snow on the region particularly upstate new york. Here is the satellite photo at the second. Where is it . You see everywhere from new york below that to upstate new york and new england. This could disrupt thanksgiving travel across the country even if there are no clouds in certain parts of the nation because in terms of takeoff and landing it is Ohare Airport in chicago that is the worlds busiest and things tends to fall like dominoes and that is where jeff flock is live now.
Reference. 5000 way back when. Absolutely a day of round numbers, impressive ones at that. Vanessa nasdaq at the level of 4000 like we did earlier since the year 2000. It is somewhat a monumental day. New highs for the dow and the s p 500 above the 1800 mark so new highs as we continue to watch the market gaining that momentum and they will not quit. Other names on the move, lets take a look at sears. A great performer on the s p 500. Stocks hitting a new high. Rewarding loyal customers but they came under some Sales Numbers that were disappointed. The ceo says he is not as close to closing stores. Back to you. Connell nicole, thank you very much. The other story is United States and iran reaching a deal to freeze the Nuclear Program for six months, but the fallout has farreaching impacts among political and economic. Oil prices falling today, something we are watching but the political impact is much more complicated as you have lawmakers on both sides who are skeptical of this deal t
You may see your thanksgiving travel plans disrupted. Wind, heavy rain, snow, freezing rain, just as the holiday gets going. Not good for the malls, but excellent for the online guys. Now, look at this. Hunger games catching fire, Huge Box Office for movies that you can invest in. Varney company is about to begin. Stuart we will start with your obamacare update. If you get your Health Insurance from your employer, here comes sticker stock. The wall street journal reports that obamacare forces more people to enroll in a plan from their employer to avoid those fines, that pushes employer plans up because of the extra people and that means premiums and especially deductibles will go up for millions of people. Youre going to pay more, a lot more. Another prominent democrat distancing himself from obamacare, minnesotas senator al franken says he supports a delay in the individual mandate if the website problems arent fixed by the end of this month, five days away, aint going to happen. Fran
Thought it would be, clipped under a dollar here. Twitter flying at its lowest levels since the company went public back on november 7th. And the other social media stocks are getting colored by the same red today. Lets go to nicole we lead d. C. On the floor of the New York Stock Exchange. Is this driven by some type of news or just, wait a minute, were not profitable . Reporter it traded as low as 38. 80 today, and this is on the heels of a bare ops article over the weekend that talked about some of the highflying stocks such as linkedin. Right now the stocks at 39. 20, so they made a list of the stocks involved with cloud computing, and that may just be flying too high too fast. So lets take a look at a group that is somewhat related, facebook is down, yelp is down, linkedin is down 1. 7 . Barrons is talking positively about some of the names we know well such as jpmorgan and caterpillar. But you do see twitter here, 38. 80 was the low. It traded above 50 on november 7th, but the if
Collective show we have here. Nicole starts us off. Good morning. Nicole the Dow Jones Industrial average of 88 points right now. Up a half of a percent. You can say thank you to at least visa which is worth 29 positive dow points. Disney, united, burke, United Healthcare are some of the positives today. We have been watching facebook at new highs. That has been news. More jobs added for the jobless claims which is not great news. Overall, the market with up arrows. Connell thank you. Dagen big names in the oil business beard it is almost a 40 year ban on exporting crude oil. Connell ridge edson is live on capitol hill with more on that. Rich producing more oil than it imported. Proponents in the oil beyond, they say it is relevant to the 1970s and the energy panic then. There is varied opinions. We are witnessing an Energy Revolution in the country today. Producing more energy at home here than we have in decades. On my watch, the consumer is not going to get short shrift. Rich some o