Economic data, down just a little bit in the red today, down 22 points 37 yeah, it is the first trading day of the new month. December, a strong month historically for the stocks, but theres a push and pull going on between Market Forces and the Economic Data, and were in the red across the board, relatively flat this monday morning. The data, u. S. Manufacturing activity last month lowest level since the summer of 2009, but then we got a Construction Spending report that was good. In october, it rose by the largest amounts in five months, and then we got auto sales throughout the morning, and while they were decent, gm, toyota, and chrysler missed novembers estimates, but ford beat them. Thats the data and push and pull among the markets, back to you. Lauren, thanks so much. 12995 where it ends, nobody knows. Take a gamble. Talks in a standstill, Timothy Geithner blaming republicans saying they have to raise taxes in order to avoid going over the cliff. Rich edson in washington with t
A 52week high in france and germany. Our road map this morning begins in washington where fiscal cliff negotiations according to the times has collapsed. At least for now. With less than a month until the deadline, who blinks first if anyone . Goldman takes dell from a strength to a buy. Is it time to look at the stock and maybe even other players in the beat up personal computer sector . Manufacturing data out of china. Not bad. 50. 6. Thats the highest in seven months. Although shanghai again trades lower even europes pmi improves a touch in november. First up, were one month away from the fiscal cliff and so far the white house and Congressional Republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. Yesterday our own jim cramer and Maria Bartiromo were on meet the press and cramer had a message for fellow panelists and father of the antitax pledge, Grover Norquist. Most ceos are republican. Theyre on board. Theyre not on
male announcer live from the bay area here is your kron 4 news a live look from our roof cam this morning. As we look over sampras is the we do see some fog and hayes. Lets find out more about the weather on a cold note heres erica thats right especially in the north bay. Were talking upper 30s. Keep those layers on as we head into the afternoon. Temperatures only climb into the upper 50s low 60s. Not nearly as pleasant as what we saw yesterday but we will continue to see an increasing cloud cover in the afternoon. Later on tonight, especially in the north bay we have potential for rain in the bay area. Satellite and radar is monitoring the area with low pressure and cold front that is coming from the gulf of alaska. With that expect light rain overnight and waking up tomorrow morning full details on what to expect coming up and my next report. We have a lot of slow traffic headed into San Francisco. No accidents on the bridge but a lot of heavy traffic as you work their way into the c
Done. Reporter were live in fremont. This is just one of nine locations in the east bay where you can catch a free bus to the city. Well show you what it looks like. You just have an hour left. And if youre taking your car to work today, traffic is already backing up around the bay. The spots you will want to avoid this morning. Mornings on 2 starts now. Good morning. This is a live look at the bay bridge toll plaza where the commuting chaos is in full force, thanks to the continuing b. A. R. T. Strike. From fremont to walnut creek and alameda, we have crews around the bay area right now monitoring all of the ways you can get to work this morning and all of the stories involved in this. Good morning. Welcome to mornings on 2. Im tori campbell. Welcome back. Welcome back to you, too. Thank you. Good morning. Im dave clark. Lets check weather and traffic. Steves right over there. We have a lot of fog. The base is around 200 to 700. Its very slow. Some of it is very thick t will play into
Do you know that all four times the s p not only preserved those gains but rallied right into the new year. I do not normally put that much stock in monthly historical data, but ill admit if a pattern has been ropily indicated 100 of the time then i have to believe there is, indeed, something to it. That makes me want to buy, buy, buy. When we have weakness, even the minimal kind like we had for much of the day before the averages rebounded. Dow rebounding climbing and nasdaq declining 0. 06 . Probably some stuff to buy there. There are some Amazing Companies reporting this weekend. I have a gim plan for. But those will be dwarfed by two other events. The pricing of the twitter deal. And fridays october nonfarm payroll report. So, let me tell you how youre going to have to navigate these waters with these two. First, i like the company where i can be found jim cramer wearing my dead mouse halloween costume, go there after the show, of course. Most of you will not be able to get in beca