Street. Im scott wapner with jim cramer live from the New York Stock Exchange. Carl quintanilla and david faber are off today. Gdp at 4. 1 . Lets take a look at the futures. Theres the 10year. Everybody is watching the 10year yield, 2. 94 . Its a mixture there. Seu cutting the triple a rating by one notch on budget concerns. Our road map starts with what else, the u. S. Economy. The gdp coming in at 4me men4. 1 fastest growth in two years. And looking a blackberry, announcing a 4 million lost in the Third Quarter. Revenue for nike beating the street after the Company Reported revenue of over 6 billion in the Third Quarter. Revenues at nike are up and hit an alltime high just also a week. Do you remember where you were a year ago today . I do and so did bill ackman. On this day a year ago he laid out why he said herbalife is a pyramid scheme and the stock will go to zero. Its far from zero. Gdp revised upward from 4. 1 . Jim, this number caught a lot of people by surprise. Maybe not the
The Supreme Court of the north making some big decisions. Think looneys, tooneys and prostitu prostitutes. Andrew . Hey, sue. It is quadruple witching day on wall street and Expiration Date for stock, option, and futures. Youve got to be watching for a lot of volatility today between now and the close. Right now take a look at what is going on at the dow. Up 9267. S p up 1250. And nasdaq, a nice little run there. Up over 1 . We have our good friend bob pisani right here who can take it away and tell us whats really going on. Andrew, in terms of technical analysis, if you believe in technical analysis, it really doesnt get any better than this. Put up the full screen. Not only are we at historic highs. Number one. Very important technical indicator. Number two, strong all week. 31, 51, advancing on declines. Volume has been heavy. All factor into various components of technical analysis. What else can i say . In terms of what sectors are moving, high beta names moving. Home building sto
Weve been in a very tight trading range pretty much all day long. All right, sue. Lets talk a little bit more about what we might expect. As we get prepared for this press conference. You know, the market is going to be i think dissecting almost every word at the News Conference. I think the News Conference is where most of the news if there is news made will be made, ty, because theyre going to be parsing her language, her body language, and Steve Liesman is going to be there. And hes probably going to get one of the first questions. Steve steve . Lets go up to you and see what you expect to hear from miss yellen. We cant count on that, sue. You just take your question when youre called. You raise your hand and youre either in or youre out here. But this is an important day here, the beginning of the yellen era. This is the term when the economy and the rates are supposed to normalize. Heres on the yellen agenda. End qe. Reduce the Balance Sheet sometime after that. Begin heightening
Possibility behind that mystery Malaysia Airlines flight 370. That it was not some sort of mechanical failure. Clearly, nobody knows yet but phil lebeau is going to catch us up on the latest developments in about five minutes time. Why did that plane fly seemingly for as long as it did after losing contact with Ground Control . And a very bright future. See how this teenager just won a big prize from google and see how her idea is literally changing the world. She is an amazing young person. She is with us today live. First lets check in with sue with some news on new problems for General Motors. Absolutely, ty. As you know, it has not been a good week for General Motors. Right now, the stock is up 1. 75 but investigators are opening waves of probes into whether the companys efforts to save money cost lives. Despite todays uptick, the stock is down almost 10 this week. Phil lebeau begins our coverage for us on General Motors. Phil, over to you. Reporter sue, more bad headlines for Gene
[ male announcer ] get uverse tv with a total home dvr included free for life. Only 29 a month for six months. Rethink possible. Search and rescue teams scouring this marin county creek this morning looking for a man who jumped into the water and went missing. Why he was wanted by police. Reporter were live in palo alto where there was major flooding in the area last night. Well show you what it looked like and what authorities are still concerned about. A holiday labor dispute. Why nurses are spending this Christmas Eve walking the picket line. And how a Popular San Francisco restaurant is making this a happier Holiday Season. Mornings on 2 starts right now. Good morning, everybody. Welcome to mornings on 2. Im brian flores. Dave clark is off today. Yes, he is. Good morning. Im pam cook. Tori campbell is also off. Its monday, december 24th. Were following developing news out of marin county this morning where searchandrescue teams are about to search for a missing man. Alex savidge ha