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Of the s p 500 that is one of many questions. Power lunch has the answers, right now. Yes, we do, tyler thanks ceos are starting to sounds the alarm about the economic recovery and the path forward. Lets get to bob pisani for the details on that. Bob . Kelly, we were hopeful we would get more Earnings Guidance 40 said no guidance, were sort of hearing for the Second Quarter and into the third quarter, so ibm yesterday a good example of that. He said maybe we were a bit optimistic uncertainly makes us unwilling to provide guidance. Theres other issues, too, the ceo of capital one has made the stimulus has made it different i dont think we have a rigorous measure of how many current borrowers are unemployed i think its reflective of america and there are different degrees of unemployment right now. Thats tough ive seen some positive comments as well. Nasdaq had very big stoc ....
That she was a contraction. I want to Bloombergs Julie Hyman with more on numbers. Julie contractions are a negative surprise. Economists had estimated 15 and inalf, expansion manufacturing. Instead, we got a reading of 40. 6, even after we have the Market Manufacturing number 15 minutes ago that showed an expansion, a better than estimated number. A couple of different readings. Prices paid rising less than estimated, a reading of 35. 5. At the same time, we got Construction Spending month over gain that gained 1 ,. 6 estimated here. Overall, it looks like the isn manufacturing report is considerably worse than had been estimated. We have been seeing for some time waning manufacturing numbers. This is the biggest decline since june of 2009 in manufacturing. Betty it is knocking stocks off the peak. ....
Happy new year. Welcome to the closing bell. Im Bill Griffith here at the New York Stock Exchange. Welcome aboard. Hi, bill. Im kelly evans in for bartiromo, and for investors its a pretty happy start to the new year. I would say so. If youre bullish this market. Right, if youre not short. Exactly. And the markets, were looking at the dow, off at session highs still adding 234 points. The nasdaq is the outperformer among major indexes today. Up nearly 2. 5 , and thats consistent with what we saw in 2012 and frankly since the market bottomed in 2009, the s p 500 for its part adding 1. 9 , 27 points, bill. Bob pisani at the happiest place on earth today, disney world. Hes at the New York Stock Exchange as well. Welcome back. Thank you very much, and weve got a big rally on hand here. Four points i want to ....
Up winning in this one. You watch. Everyone wins. Thats the new america. Everyones a winner. Were all special. Thanks for watching street signs, everybody. Closing bell is next. Hi, everybody. Good afternoon. Into the final stretch. Welcome to the closing bell. Im Maria Bartiromo at the new york stock exchange. The dows fiveday winning streak looks to be in jeopardy, bill. Watch that in the final hour. Im Bill Griffith where you do pronounce the h. Dell dragging the dow lower and dreamliner grounding planes after an emergency landing. More on that developing story coming up in a little bit. Dimon roughed up a bit, jamie dimons compensation takes a by the due to the hits they suffered due to the socalled london whale. Banking sector did pretty well today. Overall, and it was a Merry Christmas for ebay. Were going to find ....