The exchange. Stocks currently moving back up towards highs of the day. Bob, okay, it is a rally but how low is the conviction at this stage . This is a rally but not with a lot of conviction. We need a little more buying enthusiasm. Were not getting it right now. But still 200 points, nothing to sneeze at. We had a nice move up prior to the open because productivity numbers were better. We are now approaching the highs for the day. Little bit of a midday rally. Lets look at the markets in the middle of the day. Right now 3 2 advancing to declining stocks. Heading towards 2 1 very shortly. Moving in that direction. Volumes been moderate. Not saying this is heavy. This is the lightest volume since weve had this volatility. Speaking of volatility, vix is below 30. Just a few points moved there. Dow leaders, fairly broad advance here. Home depot is one of the few dow components up this quarter. These are nice advances. Just not seeing much volume. It is not a normal volume day for most of
World. We will take you inside. Tyler is off today. My partner Bill Griffith is here at cnbc headquarters with me. The major averages trading in a narrow range, light volume. You would expect this for the last trading week of the year. We have seen several new records. The s p, the russell 2000 closed in a new high on friday. Here is how we stand at the moment moment. The s p is up a fraction. Now 53. 30. Brent is back below 60 with conviction down 2. 8 now or 1. 66. That is taking a toll on blue chips. Back to the New York Stock Exchange. Bob pisani, happy monday. Lets take a look at the s p 500. We are lower as oil moved to the new lows. Not that much lower. I think the market is holding up fairly well here. You see us off of our highs. S p still positive. Dow went negative a short while ago. We did see oil stocks move down. Look at the exploration and production index. Oil started moving south a little before noon when we started moving into negative territory. Energy stocks mixed t
Judges ruling, and the Justice Department will appeal. This is not the first time where a lower court judge has blocked something or attempted to block something that ultimately was shown to be lawful. I have shown the process that the only way were going to get a broken immigration system fully fixed is by congress acting. Lou the president may be disagreeing today with the judges decision but on 22 occasions before he issued his executive fiat he actually agreed with the judges decision. Coming up next well be talking with the secretary of state of ohio, jon husted about the threats posed to our government and electoral system. Ohio, one of the states suing president obama. And well be talking with fox news political analyst Juan Williams about what the white house can do next . Also tonight, Islamic State terrorists reportedly burning 45 people to death in western iraq, in the town of albaghdadi, the Islamic States atrocities continue as a state Department Spokeswoman says we cant,
Judges ruling, and the Justice Department will appeal. This is not the first time where a lower court judge has blocked something or attempted to block something that ultimately was shown to be lawful. I have shown the process that the only way were going to get a broken immigration system fully fixed is by congress acting. Lou the president may be disagreeing today with the judges decision but on 22 occasions before he issued his executive fiat he actually agreed with the judges decision. Coming up next well be talking with the secretary of state of ohio, jon husted about the threats posed to our government and electoral system. Ohio, one of the states suing president obama. And well be talking with fox news political analyst Juan Williams about what the white house can do next . Also tonight, Islamic State terrorists reportedly burning 45 people to death in western iraq, in the town of albaghdadi, the Islamic States atrocities continue as a state Department Spokeswoman says we cant,
Have new details as iraqi soldiers and Shiite Militiamen enter the Islamic Statelets check out how equities are doing after yesterdays selloff it was the worst day for equities in two months. Dow jones industrial excuse me, the s p 500 is down fractionally. The Dow Jones Industrial average , also declining on this wednesday, down fractionally. And the nasdaq composite index is down a little more than. 1 . We have not seen the dollar this strong against the euro in almost a dozen years. It is almost approaching parity. The dollar is up 11 this year up 22 since last june. The stronger dollar will hold down inflation and consumers will eventually see lower prices on imported products. For europe, it means their exports are more competitive than the global markets. Customers of apples itunes had app stores have not been able to buy or download items worldwide due to an extensive outage that has lasted more than eight hours. The itunes app and Mac App Stores are unavailable. Service for the