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President obama and chinas xi jinping reach a deal on climate change. Lets update you on the banks charges as we just head to the top of the headlines the uk levied fines against ubs, jp morgan chase, citigroup, rbs, hsbc and barclays. As you can see, the stocks in general off, but only off slightly. Barclays is not included in the fines as it was working with the fda on an fx settlement. Sources told cnbc it pulled out after issues with the u. S. Regulators. Thats why the u. S. Regulators are holding a press conference at any moment. Joining us now, marc ostwald. Heel ya is also joining us in studio to give us more on what just happened. Also, i would love to get to know your biggest take away on the fines that have been charged. The consult temperature still has major, major hurdles and i think everyone would degree. Weve been the chairman of ubs talking about the culture still hasnt repaired problems still within the Investment Ba ....
deere and stronger than expected housing is that rights. another billion acquisition involving walgreens and duane reade, not hurting sentiment either. the s&p 500 is trading higher by a quarter of a percentage point, almost three point, 1,077 the last trade there. 10,288 and the nasdaq moving higher today as well. it is up a third of a percentage rate at 2222. trish, what s happening on the floor so far this morning? melissa, we re seeing stocks try to hold on to yesterday s gains. so far, managing to do so, however we are off the highs of the session. we have seen some strength in the earnings numbers and economic reports out today and that s contributing to this upside. i want to bring in bob who earlier was telling me that come on over here, bob. good, how are you? you were saying earlier that you think this rally is a little bit, and i quote, strange. so explain what you mean. we re getting smacked around by the currency markets again and they can t decide ....