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Leave it. President says hes done negotiating on health care. That crucial vote now set for later today. Keystone green light, the president set to officially reverse one of the obama signature Environmental Policies this morning. And then markets on track for their worst week since november, wall streets keeping close watch on d. C. And any progress for the trump agenda. President s pushing hard for House Republicans to pass Health Reform today. In the past hour he wrote after seven horrible years of obamacare, skyrocketing premiums and deductibles, bad health care, this is finally your chance for a great plan. A lot of people wondering if they move to taxes is that like the market saying lets have dessert first, jim . Well, look, i expect there could be a quick leg down if he doesnt win. Theres always this we ....
Here. Let me show you oil, wti crude, for a time this rally occurred even though the price of oil was sharply lower, as you see there, until near the close. And look at that turned right around and became positive again. Article carbon reminding us all day that to keep an eye on wti crude because its still calling the shots in this market now. That is an important point, we continue to debate those areas, as Oil Continues to fall or not. Retail names to focus on as well. Get to where we stand with the markets, an hour to go near the highs of the session, dow up 319 points, about 1. 8 exactly the same as the s p is at the moment of 37. The nasdaq adding 88 points a little pit outperformer today but only pie a little bit. Nevertheless, some pressure across the internet name there is, bill. Get to our Closing Bell Exchange for this thursday. We have got cnpc contributeor < ....
Trust up 1. 50 today. 156 million paycheck. Well, thats for one ceo. The stock, however, down 23 in a year. Mandy is out today, but kayla is with us. Im excited to be holding down the ford today. We will, however, start with the markets as always. All major averages went into positive territory by just about 30 minutes into trading. The s p up by about 18 points. Thats good for just shy of 1 . Nasdaq up as well. Threequarters of 1 . The russell 2000 which is actually the closest to any of any major average too its alltime high. Its half a percent away from that alltime high sitting right now at 12 61. Bob is here on the floor with me. Bob, pretty interesting day. Especially given what we saw on the jobs report on friday. Strange day. Futures were no help at all to us. Preopen. Use usually we look at them for guidance. We were 2,044. Yet, we move straight up at the open. Were at the highs of the day. Thag that was no help at all. Dudley helped the new york fed, mr. Dudley talking this m ....
Close. Yum brands which owns kfc missed on earnings due in part to lower sales in china. Washington outweighs earnings with the debt ceiling drama. Yesterday the vix options set a one day volume record at cboe. While the dow dropped 159 points, nasdaq was off by 75 and the s p by 21. The commodities were much more tame. Gold moved down 6, oil inched up 52 there is a serious salmonella outbreak. 278 people in 18 states have become sick since july. The outbreak is linked to foster farms chicken. The numbers to watch for are on your screen. No one has died. And the Neiman Marcus christmas book is out. Among the extravagant gifts a 1. 9 Million Dollar demand ring that includes a trip to africa where it was mined. Larry shover of sfg alternatives joins us now for some trader talk. Larry, is there a political drag on this market . There definitely is a huge washington discount. Half ....
[applause] thanks, lynn for that very kind introduction. One thing you didnt mention which was fine was that there is a picture of the Cabinet Meeting in todays new york times. And if you look new york times. And if you look closely youll see the back of my head. One of my colleagues said arent you glad you got your haircut this weekend . Im delighted to deliver the address here again. At last years conference i spoke about the progress that we had made recovering from the worst recession since the great depression. I also discussed the near term outlook for the economy. I emphasized several reasons to be cautiously optimistic about the economy Going Forward. Despite uncertainly about government fiscal policy and the lingering effects of the financial crisis that were then and continue to be head winds for the recovery. Im sure you are all aware our economy has continued to r ....