Stock exchange to look at the stocks. Hey, lauren. Huge news, a big impact on u. S. Airways stock, down substantially on heavy volume right now, down 8 , 17 3 p is the level so this entire sector is getting hit. Now, american trades on the pink sheets, those down 27 right now, so this is a huge story. The doj said that you just reduce competition in the space which for consumers means higher air fares; right . The overall market, dow down 56 points, nasdaq down 12, s ps down four points right now. The best performer on the dow is hp. Its up about two and a half percent so, again, we have techs leading the way today, and other strong sectors are materials and industrials right now, but it is a down market, and, in fact, declining stocks are taking out advancing ones by a margin of 2to1. Back to you connell thank you. More on that coming up. The Justice Department is holding a Conference Call on the situation, lawsuit, breaking news. Thats coming up at the bottom of this very hour. Well
Also, we did start to the upside. We have since pulled back. We have had a 100point swing from top to bottom. We have oil and gold on there for you as well. The dollar has gained. This will also be a busy day going into the close. Volume is likely to be very heavy and can sometimes be a real milestone. We have some names that are hitting some new highs. Tesla, netflix, amazon. There may be some red arrows across the board. We have plenty of winners for you. Back to you. Lori thank you. We will see you in a couple of minutes. Will washington get its act together in time . Welcome back to the show. The center made a very interesting statement, i thought, earlier. Costly steps were taken to prepare for the taper. Was not tapering a waste and is that an issue that bernanke and company considered when making a decision earlier not to taper . Over the next week they will decide whether or not the government will shut down at the end of the month. We could run into the debt ceiling issue once
Facebook is at new highs, and pandora. There are little pieces of news, but the big picture is where taking a breather after a great run. Back to you. Lori nothing to get nervous about, at least for today. Directing your attention to breaking news. A recess may be canceled. The latest as Congress Considers action on the budget. Rich good afternoon. House republicans have delayed voting on a temporary spending measure. Republican leaders trying to come together with a bill that funds the government and satisfies republicans funding obamacare. Members may be in washington for the last week of the month. Supposed to be on recess. Members are advised pending ongoing discussions of the continuing resolution of the house may need to be in session during the week of september 23 and possibly into the weekend. An acknowledgment negotiations may come down to the deadline. Congress has a tight schedule and even if washington avoids a Government Shutdown on octobe october 1, midway through next l
A judge today invalidating mayor Michael Bloomberg soda ban in the ruling came at the buzzer as the law was scheduled to go into effect tomorrow. The state supreme justice said it was arbitrary and capricious not to mention infringing on personal liberties. Mayor bloomberg says it wasnt a ban at all. We are not banning anything, is called portion control. We just have to do something and all theyre doing in new york is reminding you that it is not your interest to have too many empty calories. Gerri thank you, debbie bloomberg. Im pretty sure you were banning something. Prohibit or forbidden by law. That is exactly what the laws designed to do. Thank god a court agrees with me. That is my two cents more. That is it for tonights the willis report. Go get a sarpy. Thank you for joining us. Have a great night. We will see you back here tomorrow. Good evening, everyone, i am lori rothman in for lou dobbs today. Five days and five records for the Dow Jones Industrial average, a feat not see
And not getting it. Jesus teens is the name of that company. They register the name. Back in 2007. Here is was some of those genes lookalike. The company uses phrases like dow shot at any other genes before me and he loves me follows me. According to the u. Trademark office the name of a personal character is register both only to if you can show it is used in a way that tells people what you do in addition to who you are. In this case, they get the name because it is at tied the name is tied to apparel. In my opinion a name like jesus should be the exception. Should be trademarked. Jesus jeans, well, they should have turned the other cheek. That is my 2 cents more. And coming up tomorrow, a routine checkup that cost more than a new car. All talk to the man behind some startling new numbers on the price of health care. Steven brill from time magazine. Youre going to want to see that. Thats it for tonight. A very good evening. Im lori rothman in for lou dobbs. We are now three days away