Flag over the government compound in the key city of ramadi today, this after three weeks of fighting to retake the former isis strong hold. Fox newss john huddy has very latest from jerusalem. John . Reporter Iraqi Military spokesman said ramadi has been quote, liberated but were told there are pockets of isis fighters in the city. That said the iraqi troops accomplished the goal of retaking the citys government center. Earlier today, iraqi troops celebrated outside of the Central Government building. Iraqs flag was eventually raised over the complex. Iraqi troops relaunched offensive to retake ramadi back in november. The push into central ramadi started tuesday. Steve war ven, spokesman for the u. S. Led coalition called it, quote, a significant accomplishment and also a proud moment for iraq. If you take a look at a map, ramadi is the capital of the Anbar Province. It is about0 miles west of baghdad. The Anbar Province has been largely controlled by isis. When isis took control of
Now is critical before yearend. Why is it so important . So many people believe april 15th is the most important day when it comes to taxes. In fact it is not. It is december 31st. Most of us have only 23 days left to make some critical decisions that could really go a long way in reducing our biggest expenditure which is taxes. Gerri dominic, so i think the main thing youre thinking about here, i want to reduce 2014 income so my taxes are lower. That is the name of the game. You do that without hurting yourself. Well have a light inching round here. Start with deferring income. To johns point, if you eight until april 15th that is too late. Defer income. If youre a Small Business owner and dont have to take the income into this year, if you get the opportunity at work to take advantage of a 401 k , this is the time to do it. Gerri bonus, what about the bonus. The bonus is brilliant one. I want to defer part of my bonus. With 5 taken out of paycheck, only 5 of the bonus gets deferred.
Were seeing right now. Were trying to parse that out. Thats what makes the markets so interesting. Lets start here as we head into the final hour with where we stand on the major stock market indexes indexes. The dow is up 168 points and remember weve had many, many more 1 swings this year than we had last year, and today by the way, weve had them in both directions. The dow is up about 170. The s p is up 18 points right now, nearly 1 there to 2085. The nasdaq adding 36. Its actually the underperformer on the session to 4,922. Well also and well get to this in a moment talk about what were seeing across the benchmark interest year 10year. Have to talk about oil as well. Very strong. I dont know if you can show oil right now, but last i saw it was up about 5 . Its now 6. 25 gain for u. S. Oil. Wti. Thats at 52. Brent north sea crude is at 58. That almost feels like a short squeeze. Lets all make sense of this. All of our guests today except rick are over at our set at the New York Stock
At d. C. And a 200 point gain. Lauren simonetti at the Stock Exchange with more. At the height of the session the dow was climbing 215 points and investors playing defense. Nine sectors we watch in the green led by financials, and utilities. We have the vix down a little bit, down a lot of around 17. Gold prices down as well. This is a market where people want to buy deeply oversold market. Connell the breaking news this morning, exclusive from rich edson reporting on capitol hill lane new offer by House Republicans to avoid government default potentially. Dagen rich edson oliver has the details. Peter heres the house gop offer, a dazzling increase to november 22nd barring treasury from using any extraordinary measures and requires a budget conference, still have to see if the house is able to pass this thing. Democrats say republicans have been blocking a conference negotiations all along so that is the offer republicans will get to the president later today and treasury secretary jac
Thank you for joining us, everybody. Here on markets now, i am connell mcshane. Into the trading session, stocks are extending their holiday run. A lot to talk about, peter schiff will, in a minute. Juan williams later on. But we will start with Lauren Simonetti in the stock market. Lauren 105 million shares trading hands down here, but not only up arrows, but record highs. The nasdaq flying higher as is the s p 500, if youre keeping track, which we are. Counting todays close, 50 record highs counting todays price, 50 record highs for the Dow Jones Industrial average in 2013. We haae not seen a number that big since 1995 when we had 59 record closes. December, as you know, is historically one of the best months of the year for the stock market. Today is the best day of the month for the stock market. Amazon. Com. It was up quietly, but this year up 59 . 1 million customers became new prime numbers. Connell thank you very much. Today is one of the best days to be in the stock market. 80