For north of 2. 5 or three hours is enough to make you lose your mind. I am honored to be back. Lets talk about time warner. Reported earnings facing analyst in the secondts quarter. Sales rose 8 over companies per 7re as revenues reached billion shares for time warner. Point a full percentage for the s p 500. Seeing dollar signs. The billion exceed dollars. Television ratings should benefit from the time zone. Ahead. E hour ,he International Monetary fund major benchmarks, and that significant work in analyzing decidingrequired when currency reserve status. The euro, the yen, and the pound. Baskets of currencies. Stephanie Republican Voters will not start their nominee for six months. Already split into front runners. Primetime televised debate while night. That pushes rick perry and six other candidates into an earlier event. Donald trouble be the front runner. Front and center when the cameras come on. Slamming his closest rival. He waits in ways and you are not allowed to talk to t
Right now and thats what the markets rallying on at the moment. Pore sure. Were focused on reopening of the government. Market continuing to see flows into stocks. Take a look at investors cannot take this weekend off. What happens at the white house between president s and republicans could determine what happens when that bell rings monday morning. If the deal goes sideways, so could this market. Well be talking with republican buck mckeon, who was in the room with the president when the talks began in earnest. Jpmorgan, they take a loss. Ceo jamie dimon not at a loss for words. Billions in litigation fees and legal problems swinging his bank to that loss for the quarter. Hes now speaking out, suggesting the government is not being reasonable or fair. Well have more on this still developing story coming up on todays closing bell. Lets check the stock market as we approach the final stretch for the week. Dow jones industrial average shy of the high of the day with a gain of 8 5 85 poi
And chevron after the pipeline operator consolidated all of its subsidiaries in a 44 billion deal. The deal is changing the face of the Energy Industry, but it could also spell the end of Master Limited partnerships, which Kinder Morgan popularized and are used by many investors for income. That is an open question and we will hear from a top oil industry executive on that, coming up. So, lets take a look at where we stand in markets as we head into the last hour of trade. The dow up about 22 points, well off its session highs above 74 points earlier. The s p 500, meanwhile, adding about six. The nasdaq is up about 30. Tesla is a key outperformer. Were going to talk about a couple of namespecific stories, but weve also, by the way, seen a 10year holding at 2. 4 . Oil, interestingly enough, slightly lower, tyler. Kelly, joining the Closing Bell Exchange is joe hider from raymond financial, sam barnett from sbb research group, Diane Garnett from clear alternatives, holly list from mcquar
Fiveday losing streak since december. Now over to kayla who has todays headlines. Goldman sachs technical error caused erroneous options trades yesterday. Many trades may be erased but it could cost upwards of 100 million. They do not face material loss or risk from the issue. Maury tomhr Mary Thompson will join us with more. Jpmorgan is reportedly close to naming two new directors with finance and Risk Management experti expertise. The bank identified the candidates but the board has not yet voted on them. The decision is likely to come next month. Two directors stepped down earlier this summer. Facebook wants to get more people online. It is called internet. Org. The goal is to make Internet Access available to the twothirds of the world who are not yet connected. The groups plans include developing cheaper smartphones and using mobile data more efficiently. Joe . Thank you, kayla. What is 75 of twothirds of the world that the nsa could then watch . What is 75 of twothirds. If we had
First troubling behavior by Donald Trumps right hand man. Take a look at this video from trumps rally in arizona last night. The Trump Campaign claims he did not yank on the collar of the protester. The video shows otherwise. Its enough to congresser up the phrase who are you going to believe . Me or your lying eyes. I think its important to see this is a few minutes before the Campaign Manager operation. This protester was punched and kicked repeatedly by a rally goer. They were taken away by the police. Trump says he doesnt condone violence. He did speak about riots. He also renewed his verbal against foxs megan kelly. I have new reporting to share. Fist, let me bring in our panel. Thank you all for being here. Thanks brian. Dade, let me start with you. Has the media sufficiently held the Trump Campaign accountable for these support rat rancic acts of violence these past few weeks . Here is that initially they em havent. When this started as early as july and august, i think p televi