Signs. Im going to go for a ride in this baby behind us. Closing bell is next. Hi, everybody. Good afternoon. Welcome to the closing bell. We enter the final stretch. Im Maria Bartiromo here at the new york stock exchange. The market trying to stay in the green. Second straight session. At the highs of the session as we approach the final stretch, scott. Back at a fiveyear high. Im scott wapner in for bill griffith. On top of the markets plus a whole lot more. Did the upper income crowd start retrefrping before their taxes were raised . Some worrisome evidence that they could already be hiding their wallets . Jim grant from grants Interest Rate observer here with a big warning about the debt ceiling fight, and it may not be what you think hed say. Plus, are women better Hedge Fund Managers than men . Maria says yes. A new study agrees. Well speak with the person behind the data. Let check the markets right now as we approach the final hour with the Dow Jones Industrial average at highs
Have a great weekend. Squawk on the street begins right now. Good friday morning. Welcome to squawk on the street. Were live from the new york stock exchange. Im melissa lee, along with jim cramer and scott wapner. Lets take a look at how were setting up on the u. S. Futures. Its all about the jobs reports for the month of december, a weaker than expected report. Take a look at this, the markets looking at the s p up by three points, the Dow Jones Industrial average looking at about 1. 5 here. In europe, it was really about the fomc minutes yesterday. It looks like a mixed bag, which is marginal changes across the board. The latest snapshot of the economy, 155,000 nonform jobs added in the month of december, with the Unemployment Rate at 7. 8 below consensus. With warmer than normal temps and impact of sandy being felt, how good of a read is this . Goldman sachs upgrades for citi, conviction buy list, stronger bakes have fewer levers to pull in this tough environment. Retail movers, ta
Melissa your fault, washington, 70 of americans say the leaders are hurting the nation. You know, 77 of americans saw their taxes go up this month as well, even as calls grow louder for more tax hikes. Lori live tv on your smart phone, and how they plan to be number one. Liz claman live in the Consumer Electronics show in las vegas with the ceo of dish, joe clayton. Busy hour. Lets get where the markets hour on the floor of the New York Stock Exchange with nicole watching narcotics as we kick off watching the narcotics as we kick off earning season. The dough dow is to the downside, down 85 points now. Boeing down 3 , caterpillar, verizon weighing on the Dow Jones Industrials. Awaiting on alcoa to be the first to report the earning season, and, affect, so many names we are watching closely, however, right now, we are certainly right near the lows of the day, and the nasdaq down after a percent like the s p 500. I want to take a look at the retailer, sears, in particular, which we tack
Our roadmap begins with the look at the gdp, and better than expected and what does this mean for the feds next move as we countdown the to the decision this afternoon. And facebook has friends and trading above the ipo and priced at 38 in the premarket and the First Time Since that ipo in may of 2012. And the story that faber flagged last year, bill ackman said he did own a stake. And fords nat gas guzzler and cramer is wait ing ting the it. And the new jobs numbers from adp showing that private employers added 2,000 job tho 2 july which is ahead of expectations. The fed will wrap up a twoday meeting today and issue a policy today and investors will look for any new indication ofgs when the fed will scale back the bondbuying program. Even though 1. 7 is not fireworks some say we might be in taper territory with this number. Well, they dont need to taper, because inflation is low. They dont need to taper, because the employment is not there yet, but the employment nu numbers have been
Themselves in power. But in the process of saying that, we may have missed Something Else that is also true as well as highly amusing. These people are idiots, for real. The angry children that you watched set fire to wendys and topple statues and scream at you on Television Day after day are truly and utterly stupid. This probably never been a dumber group gathered in one place and all of american history. They are mouth breathers. They know nothing. They couldnt tell you who George Washington was. They say they oppose racism and they rip down monuments to four abolitionists. They have no idea who the abolitionists were. I think its a band for the 80s. The stupidest people are well educated. And they hold a good paying job at digital. They are supposedly impressive but they are not impressive at all. They fall for any lie no matter how preposterous, the more preposterous the more likely they are to fall for it. And like small children they are afraid of everything. In california hispa