Mission critical, rise above d. C. Welcome back from our nations capital. Im Mario Bartiromo with brian sullivan. We continue our fiscal cliff coverage, mission critical, rise above d. C. Weve heard a lot after a morning of interviews and action on capitol hill. Here is what we know now. Just a short while ago House Speaker boehner said hes still waiting on a solid plan from president obama. Im hopeful we can reach an agreement. This is a serious issue. Theres a lot at stake. The person people sent us here to Work Together towards the best possible solution, and that means cutting spending. The president doesnt agree with our approach, hes got an obligation to put forward a plan that can pass both chambers of the congress. Meanwhile despite all of the back and forth, the market is seemingly optimistic today. At least some form of a deal will be released. Weve been up 100 points on the dow industrials for the past hour. Senator mark warner of virginia perhaps putting it best saying comp
Companies also on the rise where the profits arent there. The risk and reward coming up. And its simply unbelievable. Wait till you see what happens here. What archaeologists have discovered in italy. Tom hanks, get ready. We found, we think, your next movie. Sue, down to you at the nyse. Yeah, its a fascinating discovery, ty. Fast money halftime, as you said, had the interview of the day so far on cnbc with carl icahn just hours after he released that letter he sent to apple outlining his activist strategy. We feel tim cooks doing a great job, but we also feel they are not doing theyre very derelict in not doing a buyback. If other shareholders feel the same way and tell us that, well test the waters because as you know, theres a great feeling about apple. And there should be. Shares of apple right now on the trading session are up 5. 27. Thats a 1 gain. But for the year, the stock is down 13 . And bond investor bill gross adding a little fuel to the fire, sending out a message by twi
Is about to bite us in the assets. Sues out, im in, tyler at the nyse. All right. Great to be with you. Futures, of course, this morning a bit of a bleak story, but its been a pretty good day frankly. Certainly for the s p 500, certainly for the nasdaq compass sit. Is wall street worried washington will not get itself together before the next set of deadlines. January 15th to fund the government. February 7th for the debt ceiling. What is the worry here . Theres not much if you look at the spx at 1729. I think thats an alltime high interday and the composite look at that, 3856 and that is, what, 140 some points away from 4,000. 90 days away from the Government Shutdown, maybe another one, 113 for the debt ceiling. The alltime high for the s p as we said, was 1729 and look, we dont have it on there, but well get to it. 1729. The industrials down just 33 points. But a large reason for that is ibms troubles. Its a highpriced stock and the dow, of course, as bob pointed out, price weighted
A half a billion dollars of very special art up for grabs tonight at christies. This is one of the pieces on the block. It is warhols black and white classic cocacola bottle. Well take you inside the world of the auction. First to sue at the nyse. Hi, ty. Good to see you. We have big names in the Airline Sector thats moving the transports as well which are up about 30 points on the day. Heres dom with the details. Hey. Thanks, sue. Were finally going to see a merger between amr and u. S. Airways going to create the biggest airline. The two carriers said they reached an agreement with the Justice Department as well as state attorneys general to allow a deal to happen. U. S. Airways stock turned negative after being halted on this news. As part of the accord american and u. S. Air will give up Key Facilities and capacity at seven airports in order to facilitate more industrywide competition. The gates and slots will go to lowcost carriers in seven key airports including boston logan, chi
But it if you have held the stock for five years, you are up a full 435 . So obviously that was a winning bet. Josh lipton is angering our coverage from beautiful San Francisco. Over to you, josh. Yeah, sue. Were here at the event just about to start as you said what were expecting here apple to unveil some new ipads. The questions, though, the features, the price points. Those are the kinds of details were looking for. Different speculation about what we might see for a full size ipad, will it be lighter, thinner . Is it going to have the 64 bit a7 chip that means it would run more data quickly. Also, might it have that fingerprint sensor like the 5s that would mean no more passwords. For the ipad mini, is it going to have the outfitted with that high def in this retina display, everything would be sharper. The colors you might see for the ipad mini. Some think maybe theyll come out with a gold iphone mini like the gold 5s nicknamed the kardashian. On top of other mobile devices you w