Behavior across the bond space. Oil, tyler, the dollar, you name it. You would definitely say that this is a relief rally in a very classic way. The catalyst, really the lack today, kelly, of a negative catalyst. Now, the stanford finance professor who wants a lot more Bank Regulation and has the ear of president obama and the attention of the Federal Reserve vice chair, stanley fischer, is here. These ideas make wall street nervous and theyre gaining traction. She will be here with what she says is wrong with the banking sector. Our old different Marcus Lemonis joins us after the bell. The profit star here on cnbc has a few things to say about this market. Plus, marcus has accepted the ice bucket challenge for als and will do so here on the closing bell and you wont believe who hes going to challenge to do it next, kelly. Watch out. I know. Lets take a look at markets right now. With an hour left in the trading session, the dow is turning in a strong performance, up 168 points or 1 no
50 to 60mile an hour gusts and its blowing the snow all over the place. Because of that im issuing a drivers alert slow it down, take your time getting to your destination this morning blowing snow and drifting snow is reducing visibility and covering icy patches out there. Its the secondary roads that are a mess especially acontrols south jersey. Windchills reading, 18 bloal. 17 in the poconos. Wilmington, 17 below and Atlantic City feels like 12 degrees below zero. Windchill danger for today temperatures in the mid teens windchills will feel like 5 to 15 below all day long. By the same time tomorrow the windchills get worse, 15 to 25 degrees below zero. Theres a windchill warning in effect for the poconos. Windchill advisory for everybody else. Ill tell you how cold it will get in the sevenday forecast when i see you in ten minutes. It was a scare for a Delaware County family when a tree suddenly crashed into their home. High winds are blamed for toppling the tree on the tomorrow in
Major comeback over the last four weeks. But heres the thing, guys, its not just those momentum stocks. Largecap tech stocks also moving to the down side. Steve malone vich at ubs has a buy rating on apple, but he did put out a cautious note today, saying apple could face pricing pressures in china. On that note, intel and ibm will be in focus, kicking off tech earnings next week. Thats when investors will get an initial preview of what to expect in the Second Quarter. Bill and kelly . Seema, thank you very much. Lets talk about whats going on today and what it means. Joining our closing bell exchange, winnie sun from Sun Group Wealth partners, rob morgan, mark matsen from matsen money. Anthony chen, maybe one of the most bullish economists on wall street. Hes with chase. And our own Rick Santelli. Anthony, im going to start with you. The tone of the market lately, weve seen very defensive issues moving higher. Utilities are actually up today, while the secondaries, the small cap stock
The offence. It all. Joe top american bodie miller top of the first training in the mens downhill yes the competitions of already begun in sochi. Even though the Opening Ceremony will take place on friday. As for the hosts well. Shrugging off any criticism Olivia Salazar would spear as the story. Im looking forward to sunday nap from five the Russian Foreign minister to even peak playing piano at the final leg of its jenny and safety. The town should be putting the final touches to preparations for the games. Well that there is some major topics that have been finished. Some dreaded statement of the scientists in the cia but when we arrived they told us not have to tell the building wasnt ready yet so we cant find another one less than optimal that they told us to get to the past month. Many of the buildings streets and on line workers from the balkans in the article seventy of running the equivalent of the use of memory in just two months. Others however have found themselves on the w
If it has anything to to with the recent primary elections that occurred in maryland on tuesday. He said he doesnt think there is any connection. We got harrowing accounts from a reporter at the Capital Gazette who was apparently inside the newsroom under his desk after the shooter opened fire. Phil davis is a Crime Reporter for the paper. He tweet in addition a gunman shot slew the glass door to the office and opened fire on multiple employees. He added there is nothing more terrifying than hearing multiple people get shot while you are under your desk, and then hear the gunman reload. Police say they expect to brief reporters again shortly. We will of course bring you that. Within the last few minutes the president tweeted he has been briefed on the situation and his thoughts and prayers are with the victims and their families. Lets go now to nbc news investigations reporter tom winter, who has been covering this story since it first broke. Whats the latest . So im just looking here