Good morning. Welcome to squawk on the street. Hope you all had a good christmas. Im melissa lee. Were live from the new york stock exchange. Jim cramer has the day off. The latest s p schiller home price report has been released. The results being shown at the bottom of your screen. David blitzer will join us with a closer look at the numbers in just a few minutes. Lets get a check on how were setting up on this day after Christmas Trading session. The dow looking higher by about 15 points. S p looking at about two points at the open. European markets closed on this day after christmas. The uk and france among those celebrating foxing day. We start off with, what else, retail. Dips in spending in the midatlantic and northeast regions. Luxury sales also weak. Were coming off the worst Christmas Eve for the dow since 2006. As the president cuts short his hawaiian vacation to deal with the fiscal cliff, just five days to go until we go over. Threatening both coasts with workers snubbing
Down as many as 94 points on the dow at the low of the session and now down at 82 at 13,163. The nasdaq down 26 points right now, a decline of almost a percent at 2987 and the s p 5 hundred index, trying, doesnt look like it will, seven straight up days, not today though, down ten points at 1418. Investors dealing with jewel issues. Not only is the fiscal cliff situation looking dicier by the day as we head headlines out of announcement by the Federal Reserves announcement tying rate hikes to the Unemployment Rate. Our next guests are here with their best ideas going into the new year. Todays closing bell exchange, gary webbush here with us and steve sax from pro shares advisors and steven gil garcetg and our own jeff cox. No encouraging words out of washington, here we go again, from either the fed or congress. Right, and frankly thats very expected. Theres going to be a some grandstanding about your political philosophies right up until the end, but the way i view this is we will not
I d meant to see "Dumb Money" near the end of last year, but recent absurdities in the news had me feeling weirdly nostalgic for the comparatively quaint online firestorms of the COVID …
MailOnline has found NHS trusts are giving cadavers donated by the public away for use by private aesthetics course providers in with campaigners criticisng the practice as unethical .