Communiques. Market perceptions had they will take patient out next month in march and then they will raise rates in june. These come out whether its jpmorgan saying theyre more dovish than expected or capital e con saying this just adds to all the confusion. The signal to markets is clear, this sounds like a fed thats slightly more dovish but the shelf life may be a couple days. We hear from janet yellen on tuesday. The data in the month has generally not been that great. Well talk about that in a moment. Were keeping an eye on a story developing in Southern California. Some kind of incident at an exxonmobil refinery in torrance. Theres a fire well have the latest details on. The Energy Market reaction. Weve seen an update in gasoline prices in georgia, gasoline futures, what they call car bob futures in l. A. The price has gone up 10 to 18 cents per gallon. Well keep an eye on that because oil has had such an impact on this market today. The stock of the day though has got to be, tak
Look at the other markets as well. Weve got the nasdaq, the russell, and dow transports for everybody to keep an eye on. The nasdaq having a great session, um 1. 25 . Good enough to puck it back at 5,043 for the level the. The russell, the small caps doing pretty well, up almost 1 or 11 points. The transports are lagging a bit, up half a percent. They have suffered this year, especially, coming back a lit there will. In the midst of all this real action, there was a seemingly phony bid for avon. Halted shares of the cosmetic maker. More on that story later. What a crazy story that was midday at the New York Stock Exchange. Lets get to our closing bell exchange, talk about this rally the Economic Data, and a lot of other things. Heather hughes from sun america funds joins us today. Jacob jordan from hd best Financial Services with us, jason tried from glen meade is out there and so is Rick Santelli. Rick, youve established that you believe the rising yields in the treasuryies is what yo
Bell. The german wings crash on tuesday that killed all 150 people on board appears to have been orchestrated by the copilot. He apparently deliberately flew the aircraft into a mountain after locking the captain from the cockpit according to french prosecutors. The investigation is ongoing. Billionaire leon cooperman telling clients as firm has been subpoenaed by the sec. The agency is seeking information on certain securities. A tumble in biotechnology stocks entering a fourth day. Investors with drawing more than 420 million from biotech in the past four days. Thats the most since last april. Less than an hour until the close of trading. I want to get right to the latest. Scarlet, its a lackluster day for the market considering that make selloff yesterday. Scarlet at one point today it just looked like we were going to recover. The dow got as much as 41 points in the plus column before giving that all up. Right now you can see we are lower by 33 point. If you look at treasuries, for
Capitol lawn. 61yearold doug hughes of ploard is due in florida is due in court in about an hour and a half. He made the 80mile flight from gettysburg yesterday and surprised nearly everyone by landing on the south lawn of the capitol. Craig boswell has more. Reporter tourists are still talking about wednesdays brazen stunt. A gyrocopter flying across the National Mall and landing on the u. S. Capitols west lawn. What happened to our security . This is crazy. He was in for a joke or big crazy man. What if someone was seriously wanting to do some damage, it would be questionable. Reporter postal worker doug hughes was carrying 535 letters to congress to draw attention to what he believes is an urgent need for Campaign Finance reform. Now a number of federal agencies are trying to figure out how he was able to fly some 80 miles at low altitude from gettysburg, pennsylvania through heavily restricted air space to the capitol lawn. Hes lucky he wasnt shot glrt federal Aviation Administrati
Ok. Started. Ng to get were waiting on the last panelist, david coleman. We can mock him when he sweeps his cape. His t i am frederick hess. Come in court has been adopted by 45 states common core has been adopted by 45 states and the District Of Columbia. The notion that these reading standards have the opportunity to improve. There has been in the last 12 to 18 months it rising chorus of skepticism, concerns about how these standards will impact instruction. Whether the standards are good or bad. The reason is my own personal bias. I think most efforts to alter standards or instruction or assessment turned as much on how they are done as on any grand design sketched on the front end. I could be wrong on that. But that is the bias that im coming from. We want to talk about with joanne weiss, who is in the middle of so many reform conversations, david coleman, from the College Board is what are some of the challenges ahead as states seek to make these things deliver on their promise. W