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Financial news program, on the money. Now, maria bartiromo. Heres whats making news as we head into a new week on the money. Thstock market market rally keeps powering forward and the major indeesices are hat fivey hihighs. The markets have been powered by so much money on the sidelines new money coming so the market at the beginning of the year as well as encouraging Economic News and just a lack of bad news when it comes to earnings. Stocks kept on climbing on friday. Lots of earnings news for big Financial Companies this week. Goldman sachs blew past expectations. Baf nk of america finished ahea of predictions, so did morgan stanley. Jpmorgan chase beat expectations but cut ceo jamie dimons composition in half to 11 million because of the socalled london wl trarade which cost the bank 6 billion. Retail sales were up more than expected in december, up half a percent. Th ....
Cane abel, romulus remus. My boys are perfect and they get along every minute of every day. Sure. Still ahead on monday on starting point because its friday from the winners to the losers to the fashion, well have a complete recap of the s. A. G. Awards, they take place sunday night plus the hit amc show the walking dead David Morrissey will join us to talk about that. Remember the darth vader volkswagen ad, sneak peek at the ads for the super bowl. Cnn newsroom with Carol Costello right now. Thank you, soledad. Conservatives in charlotte with a sweeping message of change. We have to stop being the stupid party. We must quit big. We are not the party of big business, big banks, big wall street bailouts, big loopholes or big anything. Governor bobby jindal and the importance of messaging. The first u. S. President to support samesex marriage in his inaugural address, this mor ....
Investors turning sour on it. Why in were continuing to watch facebook. Second day in a row to the downside. After the numbers, a little disappointing, but they still have the users, the mobile ad growth. Keep an eye, but under the 30 mark. David a big drop for facebook on this day. Liz blackberry debuts under bbry today. Theres a big rally as they ring the closing bell at the nasdaq. We need cookies around here. David we do on a day like today. Not a great way to start the week sessions. All in the negative, some very much to the downside. The dow very low today, down 130 points right now. Lets look at all the indexes if we can. The nasdaq is down as well. All the indexes down, and, again, the vix, as we talked about, nasdaq down 47 points. The s p down 17 points, and once again, the volatility index, the vix, up 14 . Liz . Liz i have to mention that we have the transports down twothirds of a percent at the moment, and you got loyal. That is also lower. We had a very strong dollar on ....
It fool you. We have a system towards the north and west thats going to drop down in here as we go into 3 this afternoon. And its going to bringing us snow showers across the area. What you need to do this morning, dont forget to bring the heavy coat because we can see the temperatures coming in at 17 degrees right now. 1 in jessup monrovia at 13. And the winds are calm so we are not dealing with the wind chill right now. But its frigid out there. Dont forget the coat or the snow boots because you will need them and we are going to be dealing with the temperatures very cold as we go through remainder of the day. 17 degrees by 9 this morning. 22 degrees by lunchtime. And our high today in the mid 20s and i will tell you when the snow arrives coming up. Now lets check the abc2 timesaver traffic with lauren cook good morning. Reporter good morning. We are off to another cold start and we have a crash on 95 blocking three southbound lanes at route 175. Expect delays in the area. You can st ....
We have breaking news. New details on the fiscal cliff deal that Timothy Geithner put on the table today during his meeting with congressional leaders on the hill. These details just coming in. Jessica yellin has that and what have you learned about what geithner took you know, listed out with the numbers and put on the table . Hey, erin, here are some of the details im getting from senior officials on both sides. The headline is that he put out a number of 1. 6 trillion in new taxes. That was at according to republican officials, a surprise. They expected a much smaller number and that has some republicans crying foul. He proposes extending unemployment insurance. Continuing the dock fix. Thats approving additional spending on medicare to pay doctors. The amt patch protecting middle income americans. 50 billion in stimulus next year and in return, the administration would offer 400 billion in additional medicare and other entit ....