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The dow added on 8 points while the s p lost 2. Gold edged up 8 dollars and oil ended down 65 cents. American airlines is ready to settle. Airline officials want a Bankrutpcy Court to approve its deal with regulators so it can merge with us. Airways. A Consumer Group objects over the potentially of higher air fare. The National Catheral in dc will start to charge a 10 tourist fee next year. Time now for trader talk with Glenn Schultz of performance trust. Good morning to you. Hi. How are you . With so much emphasis on the nasdaq potentially closing above 4,000 whats the bond Market Reaction . The bond markets reaction actually has been positive. So were seeing positive correlation between bonds and stocks. ....
Finishing at 99dollars38 cents a barrel. The search continues for more than a hundred people missing after a mudslide destroyed a fishing Village North of seattle, washington. Eight people were killed when the slide, 15feet deep in places struck, saturday morning. President obama is in europe meeting with leaders of the group of seven, thats the g8 without russia. They may step up economic sanctions against russia for its annexation of the crimean peninsula. And disney is paying 950 Million Dollars to buy privatelyheld maker studios. The Online Video Company has over 340million youtube subscribers. Trader Glenn Schultz of Performance Trust joins us now. Hello glenn hi, how are you . Im doing very well. ....
Trading above 104 per barrel. President obama warns russia the country could face costly sanctions over the conflict. Secretary of state john kerry travels to the ukrainan capital of kiev today. Members of the European Union call a meeting for thursday and russian president Vladimir Putin responds that he has the right to invade the ukraine. Lets get down to it with Glenn Schultz of performance trust. Hes watching the market for us today. Bring us up to date on the Market Reaction so far to the ukrainerussia situation. Right now the markets reaction has been relatively benign. We really havent seen a powerful quality trade coming into the markets yet although we have seen it somewhat. On monday evening the treasuries closed at about a 260 yieldand we did see risk as ....
Want to use the companys experimental drug for myscular dystrophy patients. There are signs the fda will give it fast track priority. The main indexes all advanced for a 5th day. That close for the s p puts it on its longest winning streak for the year. Oil settled at a 7 week high. Gold opens at a more than 2 week low. There are reports ford will name its coo, mark fields to be its new ceo. Current Ceo Alan Mulally has said he will retire before the end of the year. And on the 44th annual earth day, comes the question how earth friendly are you . Eco america did a poll. 71 percent of americans say theyre concerned about climate change. A higher percentage say humans can reverse the damage. But would you pay more for environmentally friendly products to help do that . In asia 58 percent say yes. Only 32 percent in the us and russia would buy such products. Things have been hopping and popping in the bond markets. Lets talk with ....
News conference by outgoing fed chair ben bernanke. Wall street is on edge over whether he will disclose a wind down of bond buying stimulus program. Ahead of the meeting stocks went wild monday. The dow pushed up by 130the nasdaq 29 and s p by 12. Gold edge higher by 5 dollars. And oil by 71 cents. A report says a vote to approve janet yellen as the next fed chair could happen thursday. Today, president obama meets with top tech leaders to talk about the healthcare. Gov website and nsa spying. Also a snow snarl is expected for commuters from the midwest to the east coast. Take care on the roads. Glenn schultz of Performance Trust joins us now. Glenn, will it be a terrifying tuesday. Everybodys so concerned about this fed meeting. What is the bond market telling you . The bond market is telling me that theyve handicapped the odds of tapering at around 60 70 . If you compare this to the economists predictions thats about 34 of e ....