Just barely. Up 0. 13 at 3919. Mixed performance for technology. S p 500 tonight down four points, about a quarter of a percent finishing at 1767. The dow pulling back from an alltime high reached yesterday. Lets get to bob pisani on the floor of the big board. We had dueling fed president s. We had a drop because Dennis Lockhart came out and said, tapering could start next month. Put up the full screen. The market is hypersensitive to any talk of higher Interest Rates. Theres the dow moving to upside. Then they said it will hold. So it stort of came back. This is the forefront of the whole issue on the markets. Reits, emerging markets, housing, telecoms, ratesensitive, all down noticeably. Emerging market stocks, these countries have been hit hard, even modest increases in the overall numbers here. Just want to talk. Back to you. Thank you so much, bob. Tesla ceo elon musk is speaking to Andrew Ross Sorkin at the deal book conference in new york. Lets listen to this. With that jacket
wall street. with all that said, for the 401(k)s of the world, it is the worst june, certainly beginning again, these few-day patterns are as good as a few days, but it has been a rough beginning to june, and in fact, the 2012 gains are now gone. s&p down 10%. the point is the trend is swinging the other way. the sellout, of course, a swing of things, the least of which is a very weak jobs report, limited occasions of job creation, let alone the 30 million jobs we like to talk about around here, let alone failure to solve the financial crisis since 2008 as it is manifesting itself quite grimly in places like spain and we all know about greece. fed money printing. this is what it s come to, my friends. a hope that the central bank, which is now authorized to do as it sees fit, will simply print as much money as we need, because apparently that s the new solution as opposed to actually moving to these new realities. senator coburn blasting both parties in dealing with all of th
as much money as we need, because apparently that s the new solution as opposed to actually moving to these new realities. senator coburn blasting both parties in dealing with all of these problems that ultimately you see through the symptom of our mounting debt. and speaking of the symptom of our problems, in case you ve lost count, our mounting debt is now up to nearly 16 trillion, and again, as you know and we ve discussed with some emotion on the show, $70 trillion is easily calculated when you get into the outside health and retirement liabilities. senator coburn joins us from the capital today with his new book. it s called the debt bomb, a bold plan to stop washington from bankrupting america. 50.8 trillion in debt, and we are for the third time talking about printing more money as our next best solution to the problem. senator, we all know that debt is fundamentally a huge symptom, not that it s not a huge problem in its own right but a reflection of something else