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Potential successors to ben bernanke. Stocks nearing some record levels. The nasdaq moved toward their best september in three years. Apple is not part of the rally. The Company Announcing the new 5c and 5s will be available friday. Well talk about whether investors should be concerned. Look out elon musk. They are working on a new electric car. First up, fed reserve policy makers begin a twoday meeting today. The fed statement will be out tomorrow followed by a new conference with fed chairman bernanke of course. It comes one day after stocks did rally on news that former treasury secretary Larry Summers pulled out of the running for the fed chairman. Everyone is talking about yellen, though you look at andrews column in the time today, the mention of donald cone, geithner still gets a mention here and there. Geithners out. But i think that ferguson will be terrific. Look ....
Siemens. Answers. Welcome back to squawk. We want to thank or guest hosts for being here on this postsuper bowl wrapup day. Steve liesman, well see you tomorrow. Join us tomorrow. Squawk on the street starts right now. Good morning. Welcome to squawk on the street. Im carl quintanilla, with melissa lee, jim cramer. David faber is off. Signs of reemerging political turmoil, both in spain, and in italy making investors a little bit reluctant to press the button for the upside. It comes after the dow did top 14,000 on friday for the first time in more than five years. Look at europe, thats where the storys going to be for most of the morning before we close at 11 30 eastern time. Germany taking it down 1,100 points as well. Asia got action as well as china. Nonmanufacturing came in better than expected. Clearly the story is going to be in europe for most of the morning. Weve certainly seen a flight to safety take place this morning, as weve seen the bond yields, particularly the spanish 1 ....
They do things for noneconomic reasons. Somebody said in europe, they dont care about theyre going to keep europe together. The u. S. , i think entitlement reform is serious. I think they have a couple weeks to work this out. Barry, thank you so much. Its been a pleasure talking to you today. Thank you. That does it for us today. Make sure you join us tomorrow. Right now its time for squawk on the street. Good morning. Welcome to squawk on the street. Im melissa lee, along with carl quintanilla, jim cramer and david faber at the New York Stock Exchange. The new home price reports were just released. S ps David Blitzer will join us to break these numbers down moments from now. Lets get a check on futures. And how we are setting up, this after the s p ended its eightday rally. It managed to hold above the 1,500 mark in yesterdays session. The dow looking to lose about n ....
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