a few minutes ago, "dow jones newswires," moneygram a money transferring company might be up for salempetitors. moneygram's market cap is 1.1 billion. western union is 9 billion. zoom, if you hadn't heard of that is online only money transferring company. it is newer. the bidding will start probably shaking out soon. money program international spiking more than 8%. market is spiking too. dow is up 130 points. let's get to david asman. another triple digit swing. david: let's go to nicole petallides on the floor of the new york stock exchange. a lot of dow components hit 12-month high, gm, boeing. all of them. the market to the upside as you noted some names hitting fifth week highs. hewlett-packard, which was a big dog of the dow as year, up nearly 80% this year. liz: it is not all green on the screen. we need to look at shares of hormel. they're seeing red today. >> hormel, they're the makers of spam and jennyo turkey. they are hereof higher costs and lowering their earnings per share outlook. they bought skippy to offset and diversify a little bit but these numbers are not making s

. >> dow jones newswire. you in your statement before the press conference and in a policy statement acknowledged that inflation readings have been low. but you maintain the inflation -- longer-term inflation expectation raised -- expectations have remain stable. but certain measurements have fallen in recent weeks. is that of any concern? if not, why? what would you need to see for the committee to be more concerned that longer-term inflation expectations are following? - falling? >> this is something we watch very carefully. there are, as i mentioned, a number of transitory factors that may be contributing to the very low inflation rate. for example, the effects of the sequester on medical payments. that bond market prices are low right now. these are things we expect to reverse and see inflation come up a bit. first, on inflation expectations, it is true that break-evens from inflation-indexed bonds have come down. we remain within the historical range we have seen over the past few years. moreover, other

dow jones newswire. you in your statement before the press conference and in a policy statement acknowledged that inflation readings have been low. but you maintain the inflation -- longer-term inflation --ectation raised expectations have remain stable. but certain measurements have fallen in recent weeks. is that of any concern? if not, why? what would you need to see for the committee to be more concerned that longer-term inflation expectations are following? >> this is something we watch very carefully. there are, as i mentioned, a number of transitory factors that may be contributing to the very low inflation rate. for example, the effects of the sequester on medical' payments. that bond market prices are low right now. these are things we expect to reverse and see inflation come up a bit. first, on inflation expectations, it is true that s from inflation- indexed bonds have come down. we remain within the historical range we have seen over the past few years. moreover, other measures of inflation e