Between her views and donald trump. Lets head to the markets desk with julie hyman. Fore we have one record the moment today. That is the nasdaq, trading at least on the record on a closing basis at the moment. It did not touch the intraday record, but the number to beat actually, not quite at the level, but the numbers 55220 5. 48. Thes p 500 also touched record on the closing business and came back down and the dow jones a little ways away, but coming back, fairly broadbased rally, Consumer Discretionary and Energy Shares leading the way after turnaround in oil prices. Also watching a lot of individual stocks. This has been the story over the past month. Not a lot of Movement Overall on major averages but Dick Stockton moves. Lets talk about alibaba. The company has been diversifying, so on one hand, in thef 40 47 boost ecommerce business but that only accounted for 72 of revenue. It has been building their cloud business, just like amazon in the u. S. , and also building their enter
Thank you for joining us. Lets get a check on the forecast with scott we know we have some changes its not all sunshine and lollipops. Hardly any sunshine storm fox radar we of been rained ont will need notice most of the area is dry at this. Rain through Central Indiana all of this converging coming together and will write up along the front more than likely by middaywrwr scattered showers ase day goes on we see that populate north northern ohioop with rumbs southwest wind a nicelooking we can debate we have several accidents out there starting on the west side as you comeev alog at west 104 and clifton for 80 westbound does block the right lane Valleyview Police are on the scene heavy delays looking on the ea pull the vehicles out of the center lanene where you see now the police cars are moving as welle this backup hopefully will dissipate as well. If you look at a few other do this because of the accident 40 westbound on the valleyview bridge between averaging 30 Miles Per Hour 71
And fat, sergio spoke loud and clear in fact, sergio spoke loud and clear when told he could be facing a murder charge. Were my chordae comes to me the Death Penalty or lock me up for life, i just did not want to miss the chance he says his mother has stage iv cancer and he doesnt want to be in jail if she passes away. He told a judge he is st pay for treatment. Police believe that with him shooting at officers after the three men tried to make the getaway. In fact, they believed they stop three separate times to fire at officers. He was found with 11,000 in cash, a huge lot in his pockets. That is why they think he is the shooter because they matched them to what they saw in the back of that truck. The reason he could be facing a murder charge is because their chase. The 21yearold is facing charges of Armed Robbery and aggravated assault. Right now police say none of the officers were hurt and none of the vehicles in the chase were hit, the police did say three other officers were inv
Business, microsoft going into the cloud. This week we are looking at more of the retail channel which is apple, which expectations are so low, could very well turn and stock is dirt, dirt cheap. Im looking at buy for the first time in a long time. Linkedin is also more on the retail channel, jobs and so forth. They are two different worlds of tech. That wont matter. Tech as an umbrella has been bad. You look at the performance last week, alphabet down six, ibm three, amazon three, Hp Enterprise down three as well. Does this turn this week or get wor worse . What we are seeing, we talk about rotations all the time. Maybe this is what we are seeing, rotation within tech. Microsoft up 24 in the last year, google up over 30 . When you look at intels numbers, this stock was trading in the very low, towards 30, actually right after earnings, then flipped around by the time we opened the following day after earnings. Stocks moving into positive territory and holding on to some of the gains.
Lauren the dow closed, lets check stock market futures. Do we have a recovery . No. Dow futures down 7 points, nasdaq down 8. Lea amazon shares up for their biggest gain as they reported their most profitable quarter ever. We have a preview of two oil giants. Lauren a new round of stars introduced, carson went of south dakota where the leagues top picks, we have the names you need to know from the first round. Major League Baseball suspending National League reigning batting champion for 80 games. We have those details coming up. Lea it is 5 00 am, welcome to fbn a. M. , your first look at what is moving in the markets, breaking news and what to expect for the day ahead. Lauren breaking news, violent protest outside a donald trump event in california, this Trump Supporters face appears to be covered with blood and antitrump protesters Damaging Police cars last night. More than a dozen people have been arrested as trump held a big rally, the golden state has the largest prize of the gop