Extending the new years rally. Today Energy Shares led the way on a rise in oil prices and a strong start to the earnings season thanks to deltas better than expected results and guidance. The dow jones industriae advanced 205 points to 25,574. Nasdaq added 58. And the s p 500 was up 19, rising on seven of the first eight trading sessions of the year. The Worlds Largest retailer is handing out pay raises. Walmart, which is also the nations largest private employer, will pay workers a starting salary of 11 an hour. Employees are also getting a onetime bonus of up to 1,000 depending on how long a worker has been with the company. The ceo says the new tax law is giving the company the opportunity to be more competitive globally. In a statement the company said, quote, today we are building on investments weve been making in associates in their wages and skills development, end quote. In a separate announcement, walmart is shuttering 63 of its samms clubs locations across the country. Seve
But Bernie Sanders. China its a huge day around the world and Varney Company is go to begin. A lot of tension and happening around the world thatc1 a lot of tension and happening around the world that will influence your income your 401 k and a lot of other things like commodities and on that note lets take a look at oil. Down more than 10 , were less than a week into the month and dothing again after being up a little earlier today a lot of news coming out of iran that could make that go lower or higher. Lets take a look at gold in the traditional safe haven, its down 15 at 1157. The ultimate i call it the safety if you will our yield. Obviously money pouring into u. S. Treasuries once again, dothing six basis points 2. 22 . Its amazing the last two weeks out of greece and Ashley Webster with the latest from athens. Ashley. Ashley hey good morning to you charles. Wel157 we continue to wait to see what happens in brussels. The greasis are b10ng asked to give a new proposal on how to ta
Posted its first eightquarter win streak in, yes, 20 years. The s p 500 recorded its sixth straight month of gains. Thats saying something, because historically between may and october tends to be the worst period for stocks. Lets get right to the numbers, shall we . Today the Dow Jones Industrial averag added 23, to 22,405. Nasdaq was up 42, its 50th record close this year. The s p 500 rose nine. For the quarter, all of the major indexes had solid gains, as you see right there, about 4 or better. What drove the gains . And what may happen in these final three months of the year . Bob pisani takes a l reporter u. S. Stocks hit record highs this quarter. Stock markets from japan and china had 52week highs. Hang seng and hong kong, twoyear highs. Bulls are betting that slow but persistent Global Growth coupled with tax cuts in the u. S. Could keep the markets at record highs in the fourth quarter. The Global Economy is continuing to expand. Growth sectors like banks, energy, materials, i
Testimony of former fbi director james comey, the upcoming election in the and yunited kin and next weeks stock numbers. Investors bought bonds, and gold prices hit their highest level in months. First, the Dow Jones Industrials fell by 47 points, closing at 21,136. Nasdaq was down 20. S p 500 dropped by six. While investors are not making any big moves, Business Leaders are optimistic. Ceos are more confident than theyve been in years. Kayla ten ocloausche has more. Reporter each quarter, the ceo roundtables survey showed a reading after a big jump in march. On capital spending, they expected small increases. The plans for u. S. Hiring in the next six months actually dropped. As did the outlook for this years gdp growth. Now ceos expect 2. 0 gdp for 2017, down 2 . Josh bolton, former chief of staff for george w. Bush, said that optimism is based on potential tax reform. U. S. Businesses remain optimistic, he says, but there is also a potential downside from failure. That should add to
In the United States. The bitcoins community is not happy about this one. Adam right now we have a news alert for you. Diplomatic tension between the United States and russia is heating up. This happens as congress rushes to impose sanctions on russia. Those soldiers still in place despite orders to lead. The heritage. H standing by. Dennis crimea is in the middle of the worst standup since the cold war. Lawmakers took another aggressive step by declaring their intentions to slip to ukraine and joined russia. Crimean lawmakers also voting to set up new ministries which will be independent of kiev. Russian forces remained in control of crimea. Ukrainian media also claimed that are men captured the operator of Television Transmitters and crimea. Meanwhile, to the north, once again flying over government headquarters. Management looking to remove demonstrators. More than 70 people in custody. Maintaining the protest across the south and east of the country. They have been orchestrated by