Cable down 1 10 of 1 . Theyll the u. S. Dollar. Gold, a little bit higher and the vicks still stable. What it wants a meaning for equities, we will tackle that. David a big day not just because alix is back. Itsbank of england with latest Monetary Policy decision. We will get u. S. Weekly jobless claims. At 9 00, republicans promise they will give the details of their tax reform bill. 3 00 this afternoon, President Trump will announce his pick for the next fed chairman. Jonathan President Trump is jerome be tapping powell. Heres what guests worldwide have been saying about the man who could be the next chairman of the Federal Reserve. Experience is in private equity as a salesperson rather than investing. Im not sure what he knows about the inner workings of financial system. I dont agree with bill grosscomments this guy not being an economist is a hindrance to his ability to do the job. Powell has the equivalent of more than one phd in Monetary Policy given all the time he spent in go
What do you make of it . Clearly he was involved with isis, otherwise a dead mans switch and pull it after hes gone. Isis told us months and months ago they were going to embed fighters in the refugee flow, move them into europe, set them up, fund them and carry out attacks when the time is right. The time is right, were approaching one of the holiest times in christianity in a couple of days, i suspect everybody is on hair trigger alert over there. And we should be expecting them to act out. Neil you know, captain, back and forti talked to a number of people who say its the cart that comes after the horse here. By that, theyre saying a lot of the guys claim an isis affinity or allegiance not based on isis contacting them or recruiting them as much as them being disaffected, angry, you heard the whole nine yards and that kinship developing. That isis is not to take credit for this. What do you say to that . What i say is isis is the face representing the ideology of jihadist islam, and
Temperatures in the 30s in the shenandoah valley, lower to mid40setro area. That comes with rain drops. Light rain now. Another batch of showers down to our south and west. Another round of rain here the next hour or two. Rain ending around 9 00 a. M. In the shenandoah valley. Before lunch time, for most of the metro area, temperatures recover a bit. In the 30s and 40s this morning. In the 50s and 60s later on this afternoon. And mild start tomorrow too, rain chances coming back. More about that in ten minutes. Crash in silver spring. Just about ready to clear it off to the side of the road. You can see the blue flashing lights on the truck there. And the crash at New Hampshire avenue and adelphi road, north of the intersection on the lefthand side. Stay to the right. Emergency equipment on the scene. We have that crash on the right should, top side outer loop west of georgia avenue. The delays head east, one saving grace about this still being a holiday week. Lighter than normal volum
Going to be buying gold. Gold is reacting nicely. Maria is going to pick up the ball in five seconds and run with closing bell at 4 00. And it is 4 00 on wall street. Do you know where your money is . Hi, everybody. Welcome back to the closing bell. Im Maria Bartiromo on the floor of the new york stock exchange. This market rallying again. The s p 500 getting set to close at a new fiveyear high. Were settling out with a rally on the street today as this market continues to want to go higher. Up 80 points on the industrial average tonight finishing at the high of the afternoon, 13,470. Volume picked up a bit today. The nasdaq composite also higher. Also closing at high, up about 16 points on the nasdaq, s p 500 up 11 points, threequarters of 1 . The rally back on. S p 500 closing at the highest level in five years once again. Can the momentum continue . Lets bring in ben pace from Deutsche Bank private Wealth Management and john from cfi group and let me kick this off with you, john. Wh
You mentioned boehner and obama speaking once again. Many traders that i have spoken with that something, some white, would get done. We are up about one half of a percent. There is the nasdaq sitting right at the 3000 mark. I also want to take a look at two names that have been making news. That is sprint and clear wire. That is about a half of a percent for sprint which is the number three u. S. Wireless carrier. Now, they will have full ownership of the spectrum. That is some good news for sprint. You are seeing that clear wire is selling off the news. Lori president obama and House Speaker john boehner meeting just hours ago. Our rich and thin was first to report this news of the meeting. Rich, the House Speaker seems to be caving on tax hikes, at least a little bit. Rich they have been discussing the ratio with a 121 ratio. They are talking a trillion dollar spending cuts. Higher rates on amount of more than 1 million curbs on deductions congress would work out next year. Democrat