Meantime, a war of words on cnbc between j. P. Morgan head jaime diamond. Tell you whats behind that controversy thats been brewing for a while. After the bell, wilfred frost has an interview with bank of america ceo, Brian Moynihan. Stay tuned for that. Look forward to that very much. Now, the retail pain. Shares of coal sinking again. The hard times for traditional retailers might not be over anytime soon as amazon continues to outperform. They were out yesterday with a note reiterating the preaddition that amazon could become the top clothing Retailer Next year, 2017. How big of a threat is amazon to traditional retail . Lets bring in stacy and cou Courtney Reagan. We are getting horrible numbers from macys and kohls and others. Is everybody migrating to Online Shopping right now . You know, i dont think its just that simple here. Everybody is blaming amazon and saying, all of a sudden, what is changed . Amazon has been around for a while. The numbers are getting worse. Macys traffi
Highs today and both Companies Near equal and market cap. Are these tech stocks the ones you need to have in your port follow portfolio right now, guy . Steve has been all over this but given the valuation and run and the stability of earnings, facebook is the name for me. What do you say, dan . If youre picking a would you rather, id say facebook if you didnt have to pick. Both . Listen, i have a lot of fundamental issues with amazon. If you k llook out five years, facebook will be more valuable. I cant tell you what will happen from now and then. Amazon, karen and i were talking this company had a cumulative 500 billion in sales and 5 billion in net income in generally accepted accounting principles. Thats 1 . They have used investors money. Their willingness to invest to take market share and were going to get to that but to me thanks is a bit of a shell game and i dont like it. What facebook is doing is they are front of a secular. They built things other people cant do and the lea
No idea how the nurse treating the now deceased dallas ebola patient contracted the virus herself. Does the government have a handle on this outbreak . Were live in dallas with the latest. In the markets heres how the major indexes stand w. The new look today. Off about 34 points. At the moment, you are looking there on the screen at the percentages. Red for the majors. Russell, surprisingly, though, up half a percent today. A little bit of a leading gauge for everybody else. Speaking of new looks, russell 2000, thiss a new look. Up. Thats right. Been on a steady decline since july. A real point of concern for people who watch the market closely and a bounce today back positive by it was up more than 1 and now a half percent. Absolutely. All right. Joining the closing bell exchange, sam stovel, anthony chance and, guys, welcome. I was looking at the notes here. I see renee says market showing signs of being tired. Sam says end of the year. Lucky to have a singledigit gain. Anthony says