Lets get to bob pisani on the floor of the New York Stock Exchange. This is what it sounds like when doves fly. Very good. That was a good song. The important thing about it is since yesterday, were up 1. 5 . The s p 500, we turn positive for the year. Lets look at what the markets are doing in the middle of the day. Brian is right. Were in a bullish situation now. Two to one advancing declining stocks. New highs are expanding 200 at the nyse. Volume is on the moderate side. Volatility, well, the vix is at new lows for the year essentially. So lets take a look at the s p 500, we are at highs for the year and, yes, thats only about up 1 . Well take that and most of those gains for the year have come just in the last 24 hours. Big caps, new highs, i mentioned some expansion of new highs and we have ge and coke and johnson and johnson, all names you know at new highs. United health. We track that on an intraday basis. Travelers also on the upside here. So most of the new highs recently ha
Reporter she said she would not specify what conditions. Melanie woodrow, abc7 news. Breaking news in the south bay just minutes ago, a jury found former stanford swimmer rock turner guilty on all three counts of felony Sexual Assault against him. Two bicyclists say they saw turner on top of an unconscious woman at a frat party last year. Turner was charged with assault with intent to commit rape. He faces up to ten years in prison. Three people are accused in a string of armed restaurant robberies. Police arrested three people. Investigators believe they were involved in four recent armed robberies in antioch and brentwood. When state officials trudged up to see ythe sierra, they fout what was missing, snow. These aerials show a picture perfect mountainside. Heres another look how this march compares with last year. Things have changed for the better, but abc7 news Laura Anthony is live with the tale of the tape. Lauren . Reporter hi, dan. With el nino, the expectations for this years
Kill his wife for money. Reporter that tipster set up a meeting between manejwala and an undercover cop. Police say they met three times and talked about how it would get done, how it would be made to look like a botchedni burgla or robbery. As soon as he began to offer money and information, that made it very evident that he was serious about this homicide. We began pursuing it that way. So now there will be additional investigation, but we dont know the motive at this point. Reporter police say he offered 15,000 but said hed have to make small payments so he wouldnt raise suspicion. When asked if he wanted his wife to suffer, he allegedly said, just end it. Hes being held on solicitation for murder and attempted murder charges. He took the officer to his home so that he could see the exact house. He also shared with him pictures of his wife and also showed him a video of the interior of the residence so he would know how to get around reporter there were three meetings allegedly thro
Varney and company is about to begin we start earlier and we stay with you much longer. Watch out. Well look here. Never mind the global crisis. Stocks still at near or approach record levels. 18,319. More on that in a second. Take a look at exit. That is the website that sells hand crafts, knickknacks by any other name, it lost money. Down it goes 22 . Look at lowes. Profits disappoint, sales in the Building Materials market and its down 4 . The stock with the rather exotic strange name, pep boys, its a winner. Its being approached by several potential buyers we hear and its up 16 . As for the price of oil coming off its biggest drop in five weeks, that was yesterday, back up by 60 cents today at 58 a barrel. And the price of gasoline keeps going up, 2. 60 is your National Average, it was 2. 65 when i left last friday. Up she goes. The cheapest gas in america still just under 2 a gallon, and it would charge you 1. 97 and that is in texas. The white house. Calling it a setback. We call
Im Bill Griffeth getting ready for tonights edition of nightly business report. Well see you later on pbs. Right now were on all time high watch again, kelly. The dow trying to close at a record for a second straight day as well as its four day win streak. Since early february we havent had one of those. Plus the s p is also trying to close at unchartered territory. Struggling a bit right now. But it has been helped out earlier by the financials and health care sectors. Coming up well hear from experts on whether stocks can sustain this rally. Also ahead activist investor karl karl icahn, he will tell us if it pays to invest like icahn. A couple of pros have different opinions on that. Etsy getting ready to report its first Quarterly Results since going public. That stock is up nearly 30 since its ipo. Well have the instant analysis of the numbers. Rumor has it that etsys earnings will be released on a needle point sampler. Lets take a look at markets. As bill mentioned record high ter