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Transcripts For CNBC Closing Bell 20140107

Closing bell. Im kelly evans. Im bill griffeths. Fourth time was a charm. This is our first rally of 2014 after declines. Pretty good Economic Data, the trade deficit number was strong enough. Thats 10 of our economy. So that bumped up the growth estimates for the quarter. The trade deficit figures were a big deal. Very excited about trade deficit. You can talk about the Immediate Impact to the Fourth Quarter gdp numbers. 2. 4 to 3. 3 on that report alone. Could you talk about what it means for the u. S. Energy story. Could you talk about what it means for the u. S. Dollar because the trade gap which is part of the current account is shrinking quickly. Were here to talk about the rally. The dow is up 114 points. Not far from the high of the day, but we got a ways to go before an alltime high. As bad a start as weve had to the year, were only 40 points off the closing high for the Dow Jones Industrial average. Were only 10 or 11 points for the s p 500. Its the Rolling Stone article that

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