Its on fire again. 3. 8 gain yesterday can something similar, up to and half percent again today. Why the big rally . Leader mcconnell says there will be a stimulus package probably this year and that helps. Divided government means no big tax hikes or green new deal, that helps. The fed will most certainly keep printing, so check your 4o1k and a smile. Lets deal with the election, the president ial winner still in doubt. It will come down to four battleground states, pennsylvania, North Carolina, georgia, nevada. Its close in all four states in the trunk team will go to court to make sure only valid votes votes are counted and we expect an update on the count in nevada. That state may be called today. Watch las vegas, 11 30 a. M. , but from campaign may be filing a legal challenge there also. This is the place to be if you follow money on politics. Varney co. Is about to begin. Stuart i wanted something more upbeat and lively with the market rally to die for. We will try next hour. Th
Lord, preserve them, keeping them from stumbling or slipping. Enable them to rejoice because your goodness and mercies endure forever. May our senators remember that you love righteousness and justice. May this knowledge motivate them to follow your precepts, earnestly striving to glorify your holy name. Amen. The presiding officer please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The presiding officer the clerk will read a communication to the senate. The clerk washington d. C. , february 12, 2016. To the senate under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable mike rounds, a senator from the state of south dakota, to perform the duties of the chair. Signed orrin g. Hatch, president pro tempore. Mr. Mcconnell mr. President . The presidi
Slightly positive territory for some of the averages right now. The dow though is down ten points. About five off the s p 500. 1750 is the level. The nasdaq sitting just above the 4,000 mark off 20. Speaking of moment of truth, twitter with its first Quarterly Results since going public due to hit within the hour. Investors will get their first real look at the numbers. Well see if they justify a stock price thats now up more than 150 since that initial Public Offering here that we remember so well. We will get you those full results right after the bell. And were not finished with earnings either. Disney also reports. A big bellwether for the economy and bob iger will be joining us here on the closing bell as soon as the numbers are released. Twitter and disney, two very Important Companies reporting in this jittery market right now. And lets remind people where we sit. After a series of losses to start out the year and after the worst start to a february in some time, we look a littl
Hey, well be open thursday at 5 00. They couldnt bring themselves to say thanksgiving. They just said thursday. Even worse, as many of them opening on thursday arent closing. Theyre going to open all night into friday, a marathon period. Well be there, by the way, on friday. I cannot believe shes got me going to a mall on black friday. Look, i think there will be a little more foot traffic in that Shopping Mall than down here on the Stock Exchange on friday. We have that coming up. All kind of stories to tell about you on wall street. And a couple of big interviews. American apparel is one store that will be open, and many other locations, why . Well ask the ceo when he joins us after the closing bell and well get his take on how the season is shaping up. Do you know where you will not get a deal right now . That would be on bitcoins. The Virtual Currency trading above 1,000 now. I mean, its just nuts whats gone on here. The bitcoin has quadrupled. It started out at 210. I was going to
Testimony tomorrow. This retail story is interesting. Jcpenney beating on the upside, macys. Also cisco, earnings are due out one hour from now. Well talk to the ceo, John Chambers, joining me exclusively before he meets with analysts. Ciscos spending and the global economy. Youll get it here first. While the stock market enters an allnear high, the bit coin continues to set new records. What would a day be without a bitcoin story. Its around 40 0. Reports are china is helping to fuel this phenomenon, whatever the phenomenon is. The answer is is why theyre increasing demand. The answer to the question will be raising eyebrows along with the price of the bitcoin. A full report coming up. But wheres the money . Trading floor buzzing, meanwhile, because mike tyson is on his way over here. The controversial heavyweight champ will be here on the closing bell set for an interview about his rise, fall and now his rise again. Im excited about this interview. Mike tyson i know youre ready. In t