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This bartender in washington with a message for ouu government. Furloughed workers get a discount at the bar but congress and the president would have to pay up big time. And will ferrell helping dodge so if you during those. As Dagen Mcdowell joins me this hour on markets now. Dagen you will do that. Connell sent him out with a bunch of lacrosse sticks. The story was the middle school said you cant have Sports Equipment because they thought was too dangerous. I dont think he can do cartwheels. Running down the stretch. Dagen causing trouble at the middle school. Connell senator tom coburn later in the hour to get into the debt ceiling and talking about the hearing on it. That will be live later this hour. Dont miss it. Dagen stocks now top of the hour, session lows hitting the losses. Lauren simonetti with more. Lauren we do have stocks, 65 points, nasdaq the big loser tod ....
The dow down 12, now 6 points. Were finishing near final figures down to 13,241. Nasdaq down 8 points and the s p hanging in there, at least for the moment, still settling out but at 1428 and change. Indeed. With the marks losing steam during the fed chairmans press conference. Why dont we take a closer look at todays moves as weve got lots of people lined up here and a couple on the set as well . Randy bateman from huntington funds is over there. Stephanie link, cnbc contributor and bruce mccain with Key Private Bank in cleveland and Michael Pento of pento portfolios, no idea where you are, and bob pisani on the floor of the new york stock exchange. What did you make, stephanie, of todays Market Action . Youre the trader and follow the shortterm swings. What was the message of the market do you think today . The message ....
After a setback yesterday. Hello, tyler. Shares late in the nasdaq higher as activist investor carl icahn increases his stake in the company, steps up his effort to get ceo tim cook to launch 150 billion stock buyback. Does icahn really own enough shares to get his way . We will talk about that and more. Where is the growth . We are looking at growth and the economy, coming up. When i talk to former council on economic adviser Larry Summers. Where he sees the u. S. And global economies headed as well as discuss some of the recent headlines out of the countrys capital. Meanwhile, maria, lets get you up to date on the markets. They are powering higher right now. The strindustrials up 113 pointt 15,526. About. 75 higher. Nasdaq moving up by 25 points. 3932. Twothirds of a percent. S p 500 is at 1753. Up seven points or a little less than. 5 . Maria . Not a bad showing today with that triple digit gain on the dow. Bob pisani, whats beh ....
It is up about half a percent. The russell 2000 is participating today up a third of a percent. Transports up 22. 5 points. The yield on the ten year note moved down to 2. 57 . We were up above 2. 58 earlier. The gold market and the Copper Market moving to the upside. Gold up about 0. 2 . A significant advance. Your questions obviously are why is the market jumping today. The copper thing could be headlines out of china, maybe more liquidity. Stocks are at session highs right now. The cause of moves higher first off you have the chart watchers who are pointing to buying in the small cap stocks because they have been beaten down so badly. Something many traders call an oversold condition. Maybe that is something to watch. Remember the small caps real under performance maybe we have technical chartbased buying. Then you have other traders at least in point to the Energy Sector mo ....
We with the First Business network to put them on the air in 2008 but this is the scene just as the stock went public. They tried not to look hysterical but it they were taking pictures. I get it our is quarter was one dash producer was escorted away. As a young life police cleaving they think independently now another Business Network could they figure out how to get out their message . We were right there watching all the action but nicole petallides, in my opinion it is studying how we were treated not a good sign they are ready for the big leagues Steve Mcbride way they should have accepted a nice offer from the fox business we are a leading this is the work week cover things clean and fair and there was no reason to say no. Whether they want to do another network but why some of the fox business id we would have do ....