Weve seen a lately last hour selloff in this market. And we wonder if that will happen today on a month when this is usually the best month of the dow. Its been a forgetful month. But not for the Corporate Bond market. Pace record is being set and broken. Well see if that brings out the buy the dip. Interest rates are still historically very low. Its very cheap to borrow money for corporations right now. Weve got a lot of Market Information to get to over the next hour or so here. In a down market, this stock is bucking the trend. Dont look now but apple is surging again. Its now north of 550 and climbing. A ton of news driving it. Take a look. If theres still time to buy the stock at these levels. You could have gotten 100 more cheaply. More people bought it last year at 750. Theyre waiting for it to get back to that level. Saying pretty please. Also, very serious story out of motor city. Detroit is now broke city. A judge ruling a little a few hours ago the citys bankruptcy can go fo
I am not sure that bernanke will discuss the topic. Looking at both fedex and General Mills. Fedex has been a great performer. They have done maintenance on the planes. That has also cut down on the prices. We are seeing General Mills under pressure while fedex is hitting new highs. Lori thank you, nicole. Adam we are just an hour away from the latest decision from the central bank. Lori will they, or wont they when it comes to tapering . Peter most of the Analysts Expect them to do a soft launch of its tapering. Probably dial it back right ten 20 billion a month or so. Make sure that markets and investors know that it will be future tapering and it will be data dependent. This may not be a slamdunk for the fed. Take a listen. With such a slew of moderately bad news, much weaker than they expected, you know, it does raise the question why start tapering now. I think the market has not really priced that in yet. Peter one of the other options could be not to start tapering now. I also w
Device some of the signs before your portfolio drops 10 , ahead of the exits. Power lunchs top five business and finance stories of the year. Well have one every day this week. Today the fifth biggest business story in our judgment of 2013. First, though, lets check in with sue at the nyse. Thats going to be a fun series, ty. Thank you. After today just ten trading sessions left in 2013. Tyler gave us the big picture this market up big today, Mary Thompson here with the specifics, gain of 133 points not bad for the bulls. Not at all. Been up big since the open today. The markets coming off an oversold position in todays session and moving higher. From the get go leading the way strength in energy stocks, oil higher and upgrades over at Goldman Sachs on exxon mobil as well as fmc it technologies. Those are the leaders. The s p leaders, deals including the acquisition of lsi for 6. 6 billion giving a lift to its stock, expedia, positive comments there out of ubs which says that investors