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Runs out and shares of Bed Bath Beyond are surging, the retailer reports comps of 6 , online sales soaring 89 , jim so earlier in the week, jim, and even last week you seem to be pessimistic about the prospect of a compromise coming together. Do you feel any different this morning . Look, i think the Airline Layoffs are looming large because with layoffs come a cut in roots, with a cut in roots is a pain point, but i think its the senate, we keep talking about mnuchin and we keep talking about speaker pelosi, but i think the senate is buying into the president s vshaped recovery and i think Mitch Mcconnell is buying into it which says why do we need more we have a v shape, its just Certain Industries that can be triaged. I know that the industries represent s ....
Dont even know about. Youve got to stay with us for the entire hour. Which begins right now. Welcome to the final kudlow report. Im larry kudlow. First up, lets start with the news. Another roller coaster day for stocks. Jackie deangelis has that for us. Good evening to you, jackie. Good evening to you, larry. As you said, a roller coaster day tore stocks. Ending in the green but off session highs. The early rally was fueled by comments from chinas premier that the countrys government would take steps to support its economy. But then a selloff in the biotech sector. That was late in the day, weighing on the markets. Now, at the close the dow was up 58 points. The s p 500 was up 8. And the nasdaq managing to squeeze out a fourpoint gain. The nasdaq, though, was the big loser this week, off almost 3 , making it the composites worst week since october of 2012. And biotech stocks, they were underperformers all week. A near 3 drop in the nasdaq biotech index today. A roughly 7 loss on the w ....
Eastern time. What is going to happen . We tried to do that last time to make people guessing. I guess every time. Not really. Its Business News. And we do our best to try and get something going around it. But the one thing that makes this a little more interesting is some of the whisper numbers. Did you see how high they get . How high are they . The whisper numbers are as high as 300. 300. Do you think people can hear us . Yeah. Why are we whispering . Yeah, 300. Meanwhile, dallas fed president Richard Fisher came from around the world saying the Central Bank Must avoice being locked into calendar based policy commitments. In other words, theyre data dependent. He says Forward Guidance should be flexible enough to allow for changing conditions. He is currentl ....