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That conference. A lot of optimism there. And well discuss why hundreds of millions of dollars are going into Alzheimers Research it still may not be enough to make any real progress. Also along musk discussing the latest spacex rocket failure right now. Well bring you the latest headlines soon as we get them. We start with our closing bell exchange. The major averages are in record territory. Territory. Mr. Willis whats moving this market today . This is another one of those days where we are hitting singles. No home runs but enough to put us over the top for the s p and the nasdaq in record territory today. The big cap, particularly the nasdaq are the story. Inside that story, you need to take a look at some of the rotation that we are seeing. Still taking profits out of the russell 2000. Some of the Health Care Stocks seeing profittaking. We are seeing money rotat ....
Of the s p 500. Just about a half a point higher. We are going to be hearing from travellers United Technologies verizon and many more out later this afternoon. Its all about tech. Beyond earnings here the other big stories were watching this morning in greece today the government submitted a bill needed to officially start talks in the rescue package. The Prime Minister has until tomorrow night to get the measures adopted in parliament. Increasing year over year last month but only slightly. This shows how a slowing economy is hurting Investor Confidence and in Corporate News out today, the ceo was stepping down. This comes after an independent investigation says he was aware the company was inflating his profits over a number of years. Ibms earnings top ....
And stand back and say were going to do fog about it. What britain should be doing is fighting for the changes we want so then we can ask for the consent of the british people to settle this issue once and for all. Order. Thank you, mr. Speaker. Can the Prime Minister tell the house what the government is doing to keep pensioners warm in this cold weather, and will he join me in congratulating the Suffolk Foundation for the success, for the Great Success of their surviving [inaudible] what this government has done is, first of all,tive the biggest give the biggest increase in the state pension of five pounds, 30 last year. Weve kept the cold weather payments at the high level, and were replacing the warm front scheme, and while that helps Something Like 80,000 ho ....
That would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable so it doesnt crowd out the investments we need to make in people and education and job training and science and medical research all the things that help us grow. Now, step by step, weve made progress towards that goal. Over the past two years, ive signed into law about 1. 4 trillion in spending cuts. Two weeks ago, i signed into law more than 600 billion in new revenue by making sure the wealthiest americans begin to pay their fair share. When you add the money that well save in Interest Payments on the debt, all together that adds up to a total of about 2. 5 trillion in deficit reduction over the past two years not counting the 400 billion already saved from winding down the wars in iraq and afghanistan. So weve made progress. We are moving towards our ultimate goal of getting to a 4 trillion reduc ....
The U.S. isn’t usually thrilled when a country intervenes in its own currency. But boosting the yen is likely to help Japan’s economy, which could help the U.S. in turn. ....