That conference. A lot of optimism there. And well discuss why hundreds of millions of dollars are going into Alzheimers Research it still may not be enough to make any real progress. Also along musk discussing the latest spacex rocket failure right now. Well bring you the latest headlines soon as we get them. We start with our closing bell exchange. The major averages are in record territory. Territory. Mr. Willis whats moving this market today . This is another one of those days where we are hitting singles. No home runs but enough to put us over the top for the s p and the nasdaq in record territory today. The big cap, particularly the nasdaq are the story. Inside that story, you need to take a look at some of the rotation that we are seeing. Still taking profits out of the russell 2000. Some of the Health Care Stocks seeing profittaking. We are seeing money rotate into the consumer discretionary, particularly the restaurants strong today. Chinese stocks trade here also showing stre
Now the lowest since november. Our road map begins with the atand the gop on the verge the president and the gop on the verge of a much needed win. Plus apple making the 1 billion bet on manufacturing, launching a new fund to invest in u. S. Jobs. We elle a well tell you what tim cook told jim. Its a big morning on the hill as the house is slated to vote on the Health Reform bill. It would give the president the biggest legislative victory to date. Some gop congressmen have shifted from no to yes after an amendment was added to help cover preexisting conditions. Theyre calling it the upton amendment, jim. The question is, whats the future for the bill, if it does pass the house and the senate and if that happens, does the reflation trade is the path cleared once again . I think it is. I think this would be rather remarkable if they get it through. Just to get it to the senate so they can Start Talking about economics. Because yesterday, the fed issued a statement that was incredibly ha
Carmakers take the wraps off their new models as europes premier auto show opens in frankfurt. Im sarah kelly. Thank you for joining us. There is disunity as they try to slow the entry of refugees. Hungary has completed its fence, shutting thousands of migrants out of the european union. Serbia has appealed for people to be let through but hungary is holding fast, even planning to extend that fence along its border there with romania. Other countries have also been tightening checks on people coming in. Efforts to create a system failed on monday. If Member States want action, they must take it individually. They risk everything to find refuge. Their plan is to join relatives in europe or start new lives there. But they are stuck at the gates of fortress europe. Hungary has completed offense along the border of serbia and plans to extended along the border with romania. Police have started arresting people for damaging it. The Prime Minister is determined to limit entry of people from
Little bit of luxury. In a weeks time a new private museum will open in paris. It is called the Louis Vuitton foundations creation. Caroline is live from paris. Good morning. This museum does not open for a isk, but the inauguration tonight. It is going to be inaugurated by the france president francois lucky enough i was to visit before the official duration. It is a pretty imposing new building. It is all glass and steel. He told me it was more steel than the eiffel tower. He got the inspiration when he visited the Guggenheim Museum in spain, that was built by frank gehry, so he asked gary to create some sort of sailing ship. We dont know how much the project cost, but it is believed to have cost more than 100 million euros, and it will house the collection and some new artists in contemporary art. It is also a major publicity coup. Alsold rival has envisioned to build a private museum in paris. He decided to abandon the project and hosts the collection in venice, in italy. Become th
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