boehner s plan b thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here s where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan b proposal from john boehner, sort of took some of the wind out of the sails. nasdaq still up 1.25%, a 3348 and the s&p 500 index is up 12-plus points right now at 1443. while the dow on pace for the first back-to-back triple-digit gains in nearly five months. can we hold on for the final hour? let s talk about that in our closing bell exchange. carol roth, the author of entrepreneurial equation is with us. from chicago, keith springer from springer financial adviser and john carpina is on the floor with us, and rick santelli, of course, is in chicago as well. carol, you ve been skeptical about
expecting. i couldn t agree more with that. i think the headline risk is going to come back into the market, and that is what s going that s the biggest danger to this rally which is definitely tone. so what do you think maria, the other thing, you could and the other thing missing is growth. can you talk about apple transitioning from a growth story to a value story, and that s all fine and good. most of the arguments for stocks right now are about valuations, book values, dividends, et cetera, et cetera, et cetera. the growth is the missing component, and at the end of the day if we don t start to see better growth, and we ve spent more money on a more abundant economy than we ve ever had this, rally, and i do think the market will move high, but this rally could peeter out by the end of the year isn t it a vicious cycle? how do you get back to growth then, pace? i think the cash on the sidelines. one of the things is going to be manufacturing. we ve bee
treasury secretary coming on the air. i ll jump for the next hour. i ll see you tomorrow. very good. see you tomorrow. thanks, everybody. a 70-point gain. what do you imagine a decline looks like when you ve had ten consecutive days of gains for this market? we keep we hit eight consecutive all-time highs and the laws of gravity have to kick in at some point. unfortunately or fortunately, people have been expecting that pullback for almost three weeks or so, give or take. when it comes, does that mean it will be bigger than we re expecting? not necessarily, but we have not seen a real down day of any significance in weeks. and i think we re maybe we re getting a little too complacent on the upside. we re two points away from that all-time high on the s&p. we ve got 30 seconds left. and really, as you know t, the last few days, we ve seen the market really kind of hit those numbers as we go into the close there. we ll see what happens. warren myers, thank you ver
the market didn t bloing, no surprises about the growth in the economy and where the jobs growth may or may not be. jobs number throw is on friday. that will be a big up, don t you think? it will be a big one. that s the only area that hasn t really been performing well, real well. we ve seen modest improvements at best, and that s where the fed s focus is ultimately on on easing or non-easing. expectation is for job growth of about 160,000. are you on par with that? i don t think you ll see much of a surprise outside of there. if it s to the upside, surprise maybe 180, 185, don t think anything too significant. how do you think the market responds? i think there s a continuation the way it has been. going to be just a minor upward momentum in this markets and i think it s just going to continue for a couple days here. very good. thank you, warren myers, very much. my pleasure. finishing positive for the dow. two days in a row, another all-time high, where t
we ll find out what the economy is doing right now. larry, we just heard gary talk about revenue growth. you said earnings are doing well. revenue hasn t been so hot. it s been objection right? do you think you ll see a breakout in revenue and market demand? i think it s too late in the cycle for that. i think it s been driven by cost control. one little hiccup that could come soon, estimated a 0.7 rise in the cpi because of the rise in gas prices. the broader picture is you ve got to like equities. all right. in the meantime, we are heading towards the close, and we will set a new all-time high for what has been a rather unloved bull market that we ve seen this time around. the dow jones industrial average will be closing at an all-time high that we last saw in october 2007. what does it all mean? where do we go from here? that s what we re going to get into coming up in the second hour of the closing bell. i ll see you tomorrow. maria will see you tonight as wel