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What happened at the beginning of the session. This company cannot catch a break. Jcpenney below 5 per share today. 2 increase in sales over the holidays but jpmorgan wasnt impressed. They cut the price target from 5 to six. But say guess what, were going down to 3 for our price target. It is neutral, the shares are looking. Stocks are up, we will take it after yesterdays big selloff. What is really leading this rally. Dupont up after it announced a deal with the progressive farmer. Weeding Dow Jones Industrials higher. Giving dupont realtime weather and market data. We know the stocks tend to move on the market weather and data. Part of the push into farming. Dupont making that play. Pfizer moving up the more than 2 , so a great day, same as we saw with dupont up 2 . If you are watching the super bowl on sunday, millions of you cracked up during this ad. Okay. The 80s called, they want their store back. Liz and in walked a ....
Ashley stocks have turned on a dime. Breadth is improving rapidly. What an interesting day. At one point all dow 30 components are in the red. Buyers stepped in the last 20 minutes or so. 26 of the 30 still in the red. Good afternoon, everybody. Im ashley webster. It is the last hour of trading and the countdown to the closing bell beginning right now. Stocks are down in a fourth day in a row but well off the lows. The dow off 62 points of the trying to make a comeback. We got word members of the house are reconvening sunday night at 6 30 p. M. , boostings opt that deal gets done by yearend the dow up, well, down half a percent but certainly up from the lows. S p down half a percent. Same story on nasdaq. Russell 2000 down. 8 of a percent. Harry reids comments setting the tone early. When he spoke the markets tanked. The Senate Majority leader said nothing is happening in budget talks and looks like the u. S. Is heading for the s ....
A nice move for that company. Lets stay with tech for the moment. Got to talk about sony, releasing its brand new playstation 4 video game console at midnight last night. You may remember yesterday jack trenton, president and ceo of Sony Entertainment america, joined us live with one of the consoles on the set. Weve been previewing this thing since silicon valley, three days in the valley. So will the new playstation put competitor put pressure on debt to haves like microsoft . Nicole petallides. Reporter no doubt. And i almost feel an expert many this because my family, full of boys, loves it. Electronic arts, gamestop, of course, where you go to buy this stuff, act vision right now unchanged at the moment, Electronic Arts getting beaten down, 6 to the downside. Im telling you, trust me, take two with interactive, virtually flat at the moment. Lets look at sony which go ....
Conference. Well bring it to you as soon as it happens. Meantime i want to bring in todays panel, fox businesss own dave asman. Barrons editor jack otter and spencer ante. What is your favorite memory or role . Wow, i think awakenings. Where he played the psychiatrist. How ironic he played characters he was on either side of in real life. But thats when you could see him as a real actor. Melissa yeah. He actually, the, for me the judge of a good actor if he can make plea genuinely laugh and cry and he did both. Melissa Goodwill Hunting too. Absolutely. Melissa jack . I was a cub reporter in east hampton covering Steven Spielbergs wedding to kate capshaw. Williams was one of the guests. The at rehearsal dinner he ran up the stairs of nick and tonys restaurant singing, singing in the rain. He seemed so gleeful. The guy was as you on. He was never not performing. Melissa ye ....
Lori a very good afternoon, everybody. I am lori rothman. Melissa and i am melissa francis. What does facebook have up its sleeve and will it live up to the hype . Lori urging new warnings on the debt ceiling. Warning of a possible downgrade. Would the u. S. Lose its aaa rating . Melissa more than a quarter of workers are dipping into the 401 k account early. Lori lets get you updated on the market as we do every 15 minutes. Time to check with Nicole Petallides at the Stock Exchange. We do have losses. Nicole it depends if you are looking at the s p 500, that would be the case. The dow jones industrials, not the case. We finished higher yesterday by 18 points on the dow. What we are looking at today is the same sort of sentiment where we are right near that sentiment. We actually moved into the green for the dow. Some of the names that are weighing on the dow include hewle ....