It was for a moment. Ital ital italys Coalition Looks Like it will survive and the ecb standing pat with Interest Rates. Adp, because of the shutdown, the the only number were expected to get this week comes in under expectations. And george soros making a claim that the euro crisis is over but the European Union may not survive. And what is microsoft without bill gates . Some investors are pushing for gates to be removed from the board. And the three major ipos, brands that you know, well bring you the first trades as soon as they open. First up, futures moving lower on day two of the Government Shutdown, this on which data from adp shows private sector added 166,000 jobs last month, below expectations. The numbers taking on more significance as fridays release of the jobs numbers has been hindered by the showdown. The president hosts 19 ceos at the without today, center stage is jamie dimon and, jim, heres how the papers are playing the shutdown. Heres the journal, capitol digs in fo
The hour. Those stories and much more coming up on the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. We are live at cnbc headquarters. The house is voting this hour on the gop spending plan d. This is a piece meal approach to reopen small portions of the federal government. Their plan, separate bills to fund the National Park service, part of the departments of veterans affairs, and operations for the district of columbia. So far Senate Democrats have rebuffed the house four times and have been unwilling to negotiate. So even if somebody wants to appeal obama care, and i do, and you know i want to appeal it, i must say to the gop, you fought the good fight. More people now know that the economic and Health Dangers of the Central Planning obama care which cannot work, youre right, but now is the time to back off. Now is the time to move on. Even powerhouse Football Team university of alabama punts once in a while to get better fie
Youre watching Worldwide Exchange, bringing you Business News from around the globe. All right. Hello. Welcome. Weve got two hours of the good stuff coming up. Were here at work today. Thats the good news. Im still here today and tomorrow. I love working with you, ross. But yesterday i got to work with louisa and we talked hockey the whole time. How do you beat that . You dont. Working with louisa is an unbeatable experience. Ice hockey . No, field hockey i can do. Field hockey . I dont know. The canadians, we dont consider that you should. We have lots of fun stuff to talk about today. Lots of politics still. It is day two of the u. S. Government shutdown and there appears to be no quick resolution in site. How republicans tried to get three bills passed tuesday to fund certain programs, National Parks and operations for the district of columbia. But the measures, which needed a twothirds majority vote all failed. Democrats and president obama opposed the piece mail strategy. Aids say
Others. Then there is the uber left, tax the rich, and bill de blasio, after 20 years of prosperity and lower crime, de blasio looks to antibusiness, antieducation reform. This is Elizabeth Warren stuff. We need more Rudy Giuliani and bloomberg. All this and much more coming up on the kudlow report beginning right now. Good evening, everyone, im lawrence kudlow, happy new year to everybody. Were here live, first thing we need to do is get you updated on a big winter storm hitting the midwest and heading towards the east coast. And Kevin Tibbles joins us, live from chicago, good evening. Reporter hey, larry, my lips are still moving, but only barely, i have to spit this out for you. There are parts of the midwest where it has been snowing nonstop. Here alone, there are 1300 plows and trucks trying to keep the roads open. So far theyre pretty successful. I have to tell you it is pretty hard to travel, it is chaos, hundreds of flights cancelled at ohare. And as you know, that sort of thin
The s p is back above 1800. The s p is about 1. 3 away from its alltime highs. The closing high was 1848. We have another day like today and were back. A lot of people are going to be saying what happens to my correction . Exactly. We have jim grant coming up. Hell be joining us exclusively. Hes a closely watched fed follower. No fan of ben bernanke. What does he think of janet yellen and what she said and the Market Action which he described as completely manipulated by what the fed is doing in the first place. He will be here in just a bit. Always look forward to jim grants comments. In the markets right now it has been off to the races pretty much all day and its one of those days where you havent seen much loss of momentum as the day builds. The dow up at about the high of the day. Were just off the high of the session up 211, or 1. 3 . This would be the fourth consecutive up day for the dow. First time we have seen that this new year. Nasdaq up 1. 1 , 46point gain at 4194 and as w