Points off of earlier lows still not anywhere near where we started the day and we want to talk about the s p 500. The index is down for a fourth recession, losing five points. Lets look at what is the. Ticker symbol cf soaring after the Fertilizer Company says it expected to give significant additional cash to shareholders in the form of dividends, with the agriculture theme, and beer is a widely held stock in your portfolio, approved an increase and stock buyback program, huge amounts. Investors seemed to like the move. We flip attitude deer shares and thjumping more than 2, that is a 3 been, not just agriculture related stocks, a few Big Technology names. Nicole petallides on the floor of the Stock Exchange. Nicole technology bucking the trend at the last point today. When the dow is down over 100 you son teams like intel and microsoft with the arrows. Hewlettpackard is up 3. 5 , twitter at 43. 40, up 5 and facebook up 3. 4 so you see this group in particular seems to be bucking the trend we have been seeing, financial very temperamental, crossing the unchanged line, the dow went over the unchanged line 30 times, something that is will we have been seeing with financials, social media and technology really seem to be leading the way for us today. Facebook of 3. 4 . Liz we were up 46 points for the Dow Jones Industrials and you can see the tough go, the market swimming in positive Economic Data this morning, the markets have drowned in it. First we got better than expected home sales and the ndp jobs report, both better than expected. In the last hour the newly released beige book gave us a rundown of the current state of the economy and whether it is heading but is it heading into or or our temperatures more comfortable these days . Joining us from washington d. C. Peter barnes looking through the beige book and more. Peter the economy continued to expand at a modest to moderate pace from early october through mid november despite a Government Shutdown during this period, and the report does not appear to tee up to and during in the fed on purchases the known quantity of easing for the next fed meeting which is in two weeks because this report has the same language on the economy and job creation as the last edition book that cash in a pot for the meeting in october and back in october the fed did not keeper so maybe that is what the markets are reacting to. The report says hiring showed a modest increase or was unchanged in early october to mid november with philadelphia, richmond, minneapolis, dallas, those districts showing increases comedy of the seven districts largely unchanged on the jobs front but the report said contact in many districts voiced concern about the future Cost Increases attributable to the Affordable Care act, to obama thecare and other federal regulations so that is a worry for some employers and on consumer spending, the report said, quote, increased in almost all districts at a modest to moderate pace going into the Holiday Shopping season. Liz markets and dictated the data. We have come out of the laws but no way in here where we began the day. Tomorrow could change all. We got the gdp number, lets bring in traders from the Stock Exchange, looking at ten year yield, it touched 2. 85, that got people wondering what is going on because stocks were not a great place to look at. That had to do with the strong numbers you were talking about where you have seen rates hiccup and people take money off of the table, one number interesting agree with you the way as been a buckle your seat belt and whiplashed day between unchanged and higher or lower but the iso number was the only weak number, it was not that week. 0 little weaker than expected and we rallied off of it so again i have been talking about a Glass Half Full and this is the first day of trading that i have seen positive news translated to negative profits and that is liz people looking at the equity land and today was a day where good news and bad news yet to margot doesnt stop. We at the huge flow of news. What are traders expecting . Good news from dean street, bad news from wall street. The news has been good. Good auto sales, so everyone is waiting for friday. Gdp, friday is a big day, the jobs number, we will get that. We are watching that like the previous guest mentioned, ten year, is that 282 right now all so it is picking up. Remember when we got three last summer, that was enough to stop any kicking. Liz you have been dying to talk, 91 a barrel suddenly proved it is gone. A week or two and now more like 97, the opec meeting, we know what that is as well as what is happening psychologically in the market. Tell us what is happening with the market . It is tough. We got around 91, you had an opec meeting coming up cyclically if you look at the last couple years rally in the summer and tend off of the end of each of the last two years, we got around 91 and if you look at this trip from june, we got 9160, already 2 higher than that, people accumulating those and for good reason. Why take the risk Going Forward. 90 is a groundfloor when everyone is looking on an end. I am not looking for 100 before the end of the year, we are near the high end of the range we will be in Going Forward and Going Forward into the First Quarter of next year we might pushover 100 and if you base it on a last two years it has been 90 to 110 a barrel so everyone who needs a barrel is starting to accumulate them in the latter part of next year and that is what we have. Liz what is the catalyst this market needs . It has been tweet it weeks of beans for the dow and the s p. We may lose that, we may not. It would be healthy if it did. A great market lately but what did traders and investors need to see to keep the rally going into 2014 . Jobs numbers, more than anything else and that will obviously be the focus for tomorrow but a positive job market is going counterintuitive, a positive job market actually we will seek the bring come sooner rather them later and that is what the market is up here on, lower rates and need the sugar. Liz here is the fact. The Rockefeller Christmas tree will be lit tonight. A few weeks left. I bring it back to the business angle. Great to see you, thanks for joining us on the floor show. On lovelies, closing bell ringing in 50 minutes. One of the brightest and best minds on wall street and one of the most sought after advisers to ceo as and board rooms, talking citigroup, the banking giants Institutional Clients Group vice chair. He rarely gives interviews but he is joining us next in a fox business exclusive to talk about the economy, markets, the fed, anti bring and the way to win in 2014 for companies, ford and you. New York Stock Exchange ceo Duncan Neiderauer could be along for a supersize golden parachute. Charlie gasparino will give us exclusive details in just a moment. Stay tuned. Every day were working to be an Even Better Company and to keep our commitments. And weve made a big commitment to america. Bp supports nearly 250,000 jobs here. 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Tdd 183452550 all with no trade minimum. And only 8. 95 a trade. Tdd 18003452550 open an account anrn 300 commissionfree online trades. Call 18886287118 to learn more. So you can take charge of your tradg. Liz as peter barnes mentioned the Federal Reserve says the economy is flashing signs of modest to moderate growth. The equity market this year has pushed sharply higher with the s p and the Dow Jones Industrials posting doubledigit returns but lets back up a little bit. Rewind the tape even further. Look at this chart going back some 15 years. After reaching a peak and 90s and mid 2,000s the stock plummeted each time to new lows. History could be repeating itself with the current bull market rally. Are we going to see another we hope not crash but a drop following the cycle of all time highs . We brought in the financial industry veteran who lived and breathed the Business World for years. Joining us for the flower is citigroups institutional client groups vice chair. That underscore is an interesting trend. It looks completely similar to what we saw 15 years ago. Do we have to go back to those lows of 20092001 again . For those of us that went through it it was a horrendous experience. When you are in the middle of a crisis it comes on fiers like this is the big one, we are never going to get out of it. Liz big year that is almost done. Rockefeller Christmas Tree just outside the window, we know a few weeks left, what are you advising ceos and chairman of the board to do to make sure their position in 2014 . First and foremost given the way Interest Rates are they kicked up a little bit but they have long memories, incredibly low, a big part of the advice which goes to the ceo insuring they got a robust balance and this year we will see a record 1 trillion worth of investment dead being put in the market. Financing at a peak, not necessarily at a peak but significant levels. Ensure liquidity, that Balance Sheet is appropriately stretched out, take on longterm debt, and last but not least significant period of Share Repurchases. It is an important tell me i am wrong but i look at that as Financial Engineering that tends to juice the stock short term but speak to the investor. Should they be glittery i. T. Every time a company they own institute the huge shareholder buyback . We dont provide Investment Advice but from my vantage point, Share Repurchase is simply let cool and i was advised many years ago by a mentor of mine that people should look at the debt side of the Balance Sheet and equity side is flexible so in fact some of the great ceos look at their equity and when they think it is cheap selling at discounted value they buy it back. History has proven some people are wrong doing and Share Repurchases were done at the peak of the market place. That is one aspect. The other aspect comes which Share Repurchases investing capital when you dont have opportunities inside your business. An interesting indicator to what opportunities people have been returning cash. Liz or mergers and acquisitions. There is another area to look at and that is shareholder activism. This year we have close to 100 campaigns up from 63 last year. At the end of the day we dont work with shareholder activists, interesting check and balance marketplace, sometimes they are right, sometimes wrong. What they have then is to certain extent helped some Institutional Investors keep their eyes on the ball. From a management standpoint the question is management teams get forced to make shortterm decisions. We have seen too many examples of that. Liz he advises clients, big institutional clients, he is with us the whole hour coming up. I will ask you exactly the best moves companies and investors should do to prepare for that moment when janet yellen if she does decide to keeper, leon is with us the whole hour. Closing bell ringing in 42 minutes, another golden parachute for a Top Executive at the Stock Exchange, the ceo could be in line for a huge payout, what does that mean for the Intercontinental Exchange . They took over the euro next, Charlie Gasparino coming down with exclusive details. How about waking up to the smell of fresh coffee and the taco . Like taco bell . Mexican fastfood for breakfast, yum brands chairman and ceo in a fox business exclusive fresh out of his investor Day Conference today in new york city, he is only with us talking about that and the big challenges with kfc and china and much more. [ male announcer ] heres a question for you. If every u. S. Home replaced one light bulb with a compactluorescent bulb, the energy saved could light how many homes . 1 million . 2 million . 3 million . The answer is. 3 million homes. By 2030, investments in energefficiency could help americans save 300 billion each year. Take the energy quiz. Energy lis here. We were talking about a golden parachute for chief operating officer and Larry Leibovitz and John Stewarts brother. 17 million, Duncan Neiderauer stands to get. I thought people got paid coming in. If you do something good like they did, like sell the Stock Exchange but the Intercontinental Exchange. Why is that good . I dont know about the future of the Stock Exchange but you did increase shareholder value. Jeffrey will run the case, i can never say his name right, a lot of people think he would get rid of the floor, no doubt through this deal shareholder value increase and the guys that put it together a cashing out. Larry leibowitz will leave with a golden parachutes, six, the rest of it is going to be stock, a lot of that has accumulated that is what he will leave with. The ceo will leave with a lot more. It will be close to 30, Something Like 13. 6 million in cash and 5. 2 million in stock, pretty interesting. A lot of that stock has accumulated, some wasnt. Hard to figure out where the stock portion is part of the golden parachute so we let out and let you guys figure it out and this is where he is leaving something close to 30 million cted to leave next year. That is what he said. We dont know, there has been no filing and commenting on how he collected the money, they refuse to confirm or deny. Duncan could have collected this money. Maybe top of the markets, the fed will taper, stocks suffer from that. Liz std that sets the same pattern appearing from 15 years ago. A pretty shameful fall. Liz we will show you this. We saw an unbelievable run up. The bursting of the nasdaq. Lot of people think the stock market, the interesting thing with the nasdaq closed by two things. The fed was raising rates somewhat. We didnt have historic tapering in all that. We had the implosion of all the prices of the nasdaq related tech stocks because they were overvalued and turned out to be worthless and the anaststs who promoted those turned out to be completely wrong and people they promoted them through, not any reporters at this network turned out to be wrong as well. That is the combination but there was an Interest Rate play, the fed find here and you would think duncan would cash out of the Stock Exchange, pretty much in line. Liz duncan has done a great job except for the dunes he has on the floor who hate fox business. Here is what i have been told. Duncan neiderauer was the number 2 when john boehner took over the Stock Exchange, then they did the ipo, and duncan became the ceo and shepherded the exchange, when he saw the writing on the wall, the core business of the Stock Exchange was not a growth business, listing as well as the equity business being the middleman for the trade, tried to sell to Deutsche Boerse and found a way. They are saying, people at the Stock Exchange about them being due in about fox business and not giving any access to twitter. Liz they carried it through. S. A. Were blaming it on the marching orders they got from jack dorsey and all the twitter doofuses. That is what they said. Liz 33 minutes before the closing bell rings we will be back with Citigroup Institutional Client Group vice chair to talk about the biggest concerns facing wall street, in regulatory scrutiny including prospects of a tougher version of the volcker rule, proprietary trading. That and we will talk about the fed and capering. Leon is coming right back. Hi honey, did you get e toaster cozy . Yep. Got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. So i kn untilt was full. Youd be crazy not to. Is tt nana . [ male announcer ] fedex one rate. Simple, flat rate shipping with the reliability of fedex. Nothing, thats what . Thats why i take prilosec otc each morning for my fre