Even as the nasdaq is rallying today. Theres red flags for tech. A very bearish outlook for Morgan Stanley on tablet, fesk. You need to hear whats going on in sales on devices like ipads. A special report coming up. The quarterbacks for ipad sales going forward. Hope you saw it this morning. Tim geithner unplugged. More of cnbcs interview with the former treasury Second Coming up. What does he say to people who still insist the Bank Bailouts was unnecessary. Tim geithner with very honest and straightforward answers as he spoke to our own Andrew Ross Sorkin. Coming up on closing bell. Looking forward to that very much. Final hour, continuing the snapback that began on friday if you want to step all the way back. Dow adding 115 points, shy of 16,500. S p 500, the nasdaq is the real talk, up 27 points, 1. 8 and theres the s p. Adding 17 points or 1 today, a strong start. 1. 8 on the nasdaq. Joining us. We have kathy wood, ron weiner and hank smith, steve saks from pro share advise errs an
Today dow climbing 20 points and nasdaq declining. 33 . Alltime highs require some soulsearching. Because by definition the markets gotten more expensive than it was with alltime highses. Considering that my whole career ive tried to buy low and sell high. Its hard to get excited now after a huge run. In the very old days we used to actually celebrate these milestone, can you imagine . I get that. Our viewers are wall street for people who own stocks and dont get against them, given that our core mission is to try to help you make money, a new high can mean there are more ways to make money, that many people are winning and that people who chose to be in the market are better than those who chose not to, but this distinctly what have you done lately for me kind of work which means we need to assess the risks and those risks increase the higher we go. We also have to assess the rewards because theres no sense leaving the party if well end up stuck with certificates of deposit which only
More. And if we dont lead it the whole rest of the world will be destroyed because of it. Senior fellow chris horn or that and we have our fox biz allstars here. Chris to you, because, i thought this debate about whether we should commit more money to this, left out a person part we already have, a lot of money, what have we seen for it . Weve seen admissions of failure, they cross their arms, say isnt it time we began investing in these things, then they call them new technology. Winds was commercializeed in 1887. Solar in 1891, now they cross their arms, jimmy carter increaseed their subsidies, say time we begin investing in these losers, it is not about the climate, it is about as president said in 4 big speeches, it is about finally making renewibles profitable, that is not a legitimate government purpose, he said he will do it by bankrupting the things that work. That is what he is doing in the name of climate salvationism. We should. Out among the 77 billion we spend over years w
Corporate america continues cutting jobs to deal with the laws unintended consequences the urban institute, a leftleaning think tank, says obama should scrap a key component of the law all together, employer mandate. Backers of obamacare take the think tank seriously but will they take this controversial suggestion to heart now . We have washington correspondent peter barnes with the very latest. Peteer . Gerri, thats right. The urban Institute Published this paper that the government could eliminate the employer mandate without reducing Health Care Coverage that much nationally. The mandate says any company with more than 50 fulltime employees who work at least 30 hours a week must provide Health Insurance for them or face penalties. 9 institute says that requirement has been creating labor market distortions like pushing companies to higher fewer workers or reduce their hours. It site cites plans by lands end, Regal Entertainment and seaworld to name a few, to reduce hours of parttim
So they have this reaction it is purely and grounded and a surge u. S. Institutions have long been involved with cybertheft as well as wiretapping and surveillance a activities against foreign political leaders companies and individuals. Ey d they did not deny this but they said you are pretty rich to go after us. Lcom welcome, everybody. I am neil n cavuto. E on thisop opening day of theej5 weeky. Kvn the five top military career officers arek p involvet to get some sensitive4rd material including thelear designs to Nuclear Power plant. Severs Security Experts onhous how this opens us up to the rest of the world i want to bring in our fox business all stars. So on the charges self you have no doubt they are and have hacked into our most sensitive systems . Absolute paid no question. We know that. But the interesting thing about today is where do we go from here . They have already bought their tickets. So what happens . That is the question. So will they turn the other cheek . I thin