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CNBC Closing Bell With Maria Bartiromo August 7, 2013

Down about 48 points, 15,470. The industrial average settles out, look at the volume number on the light side. 540 million shares traded. The nasdaq gave up 11. 75, 3,654. And the s p 500 tonight down 6. 50 at 1,690. By the way, all of the major averages finishing off the lows of the day. Even though were down in the double digits, we had buyers throughout the session today. It was nonetheless, though, a downer for the broad market. Bob pisani, put things in perspective for us today on the heels of what has been a record setter for this market. Reporter the big story is the constant commentary from the fed officials here. Lets take a look at that, because that will determine what happens in the next couple of months. The bottom line is the fed hawks and fed doves seem to be aligning, and the concept is tapering is imminent. If not in september, certainly by december. Unless the data completely falls apart. The head of the cleveland head came out today, not a voting member, but she said ....

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