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the story of a neighbor s collapse. venezuela massive street demonstrations, three dead. the socialist president maduro says the time for come back has arrived. it s destabilizing the region. what should america do? send in the marines, send food? let them sort it out themselves? we re on it, and what exactly are we allowed to smoke. on the day that new york city bans tobacco sales in some stores and tries to put up the pack of cigarettes to $13, thousands of people will light up a joint in public. it s marijuana day, 4-20. come to this, tobacco increasingly expensive and outlawed and marijuana increasingly accepted and getting cheaper. varney & company is about to begin. a disintegration of venezuela, once a wealthy country, sitting on the biggest oil reserves in the hemisphere, now a socialist dictatorship and falling into anarchy. look at that. e-mack, what s this about the seizure of a general motors plant. liz: yeah, affecting 2700 workers. the judiciary in v ....
shortened day. s&p running about 42 percent below the 10 day average at this time. all three major averages not much changed. if you take a look at my terminal and the sectors on the move. some stocks are more resistant to economic weakness, telecom, staples, health care. energy and consumer discretionary stocks remain lower. energy has been weaker along with oil prices. alix: but because it is black friday, you are not going to draw a correlation. you are not going to go by consumer stocks. julie: true. let s start with amazon. very little changed today. abouthave been talking all morning, you can not necessarily extrapolate thanksgiving or black friday sales to the entire holiday season. role 43% year-over-year. amazon comparable sales, 29%. big boost for amazon. i did want to mention a big news story. is going to soon let prime members who use their video service tap into what would be like a bundle for the cable network. interesting potential from amazon. up 7% in t ....
it is up 200 plus points because being cheered on by the reserve requirements in china. this is an internationally lyly oriented market right now. is that the idea? i apologize if i m repeating anything. bill pointed out the dow is up 217. let s skip straight ahead to the closing bell exchange and introduce our guests. joining us at the top of the hour to kick things off. we have price heedley, kate warren from edward jones. and our very own rick santelli. a welcome one and all. anthony chan the big news this weekend, we have to talk about a china rate cut. the u.s. central bank the japanese, what s the message to investors. central banks all over the world are coddling financial markets, coddling the overall economy. that s one of the reasons we don t get big corrections anymore. we get mini corrections. right after the chinese announcement on friday that they were going to go ahead and restrict margin trading. the analysts warned and said the financial markets w ....
fed and personal income as well as personal spending data. we will give you those numbers. 9:55 a.m., university of michigan s consumer confidence numbers. facebook starts its first day of trading in the s&p 500. that is something you have heard about and prepare for last week. it becomes official now, you will see it in the listings. it is the 100th anniversary of the federal reserve. after that top-secret, 1913 meeting on jekyll island. i have been to jekyll island, is very interesting. another institution is making news. not the fed, the imf. raising its forecast for it u.s. growth. you can see that reflected in u.s. futures and around the world. futures up 7 points on s&p, about 0.5% gain. same on nasdaq and dow. we are seeing the grind higher for bond yields, 2.9% on the back of fed taper. chinr taking it on the against most currencies. crude oil falling, it has been an uptrend. that has an effect. looking at the price of gasoline. cents over the last week. i k ....
here at this hour, by the way. we also have both covered with a live report from iraq and our pros weigh in on just what the fed may do this week. also, a very special and exclusive interview after the bell, traveler ceo jay fishman in a rare one-on-one. he is widely viewed as one of the most respected and effective ceos in the corporate world. fishman will weigh in on the state of his business, the overall economy and much, much more. you don t want to miss it. all right, we can t wait. in the markets right now, take a look at the dow. it is down about nine points. the situation in iraq is certainly weighing heavily on the minds of investors today. the fed meeting, which is looming, which begins tomorrow, is as well. the nasdaq holding on to a gain of just under four points. and the s&p 500, we can call that flat on the day. joining our closing bell exchange right now is rob stein of astor investment management, joe tanias, kim forrest of fort pitt capital group. ....