Leading the rally today, tech, discretionary, industrials. Meanwhile safe havens are biggest laggards in the market. Dom chu looking at the stocks that got us back to alltime highs. Dom. Its an impressive run, but remember were just where we were a year ago. First of all know the s p 500 since that time up about 5 the last time we saw that record high may 20th intraday 2015. Since then the utility sector, defensive ones like you talked about gaining the most in the s p. Meanwhile energy up the least in that amount of time as well. Something to watch out for as we move from record levels to new ones today. Look at points stocks individually done really well. First of all ulta salon, up 67 just since the last time we hit a record high, beauty products, personal Care Products a big part of that story. Another one, second best performing stock since then, one that we all know about, its amazon. Com. Those shares up by about 78 since the last time we saw record highs. So amazon continues th
Hour. Could increase to a category two hurricane. Its pretty powerful. There is making landfall near Cabo San Lucas tomorrow morning. This is what were watching very closely. It could bring us significant rainfall. Models are indicating significant rainfall around southeastern portions of the state. We could see upwards of an inch of rain fall year, downgraded to a tropical depression. Lense and 35 miles how long will the rain stick around . That answer coming up in a few minutes. Or here is a live look from one of our adot traffic cameras. Its a little blurry but traffic is moving. Thousands of arizonans still heading home from their three day weekend. Some answers right now, conditions outside of flagstaff after a car fire shut down the southbound lanes of i17 south of months part. You can see the big slowdown right now is basically starting right before you get to the river. This is a 1520 mile backup. If you have had a cold one today, Police Officers and troopers are still out ther
Get ready for a possible wet workweek. You are looking at video coming into our satellite center. This is from cabo san lucas. You can see from this webcam, the surf at the bottom part of your screen starting to get rough. Hi, i am steve maclachlan. Thanks for joining us on this labor day minutes for all your answers for tuesday. The weather this week, it may be all over the place. Hurricane. That could bring a lot of rain to the southwest. Lets send it over to paul heart. What is hurricane new mean for us . All eyes are on cabo san lucas. A category one hurricane packing winds of 85 miles an hour. Could increase to a category two hurricane. Its pretty powerful. There is making landfall ne morning. This is what were watching very closely. It could bring us significant rainfall. Models are indicating significant rainfall around southeastern portions of the state. We could see upwards of an inch of rain fall year, downgraded to a tropical depression. Lense and 35 miles an hour. How long
Enough to buy the Worlds Largest public traded companies. Lets head street to the markets desk with julie hyman. Quandary with better economic numbers and lower margins. This is the quandary we used to be in, right . Mention we are getting the final read on march Consumer Confidence mentioned by the university of michigan coming in and 91. Coming in at 91. Adding to the slew of Economic Data we are ready at this morning. We are getting the isn manufacturing report coming in at 51. 8. 51. 1 was estimated by economists. Big one. Report is the if you look at the major averages, we are indeed creating up off the lows, investors trying to weigh the future for Interest Rates. I want to take a look at the sp y. He gives us a good snapshot of the reaction and stocks to the jobs report moments after the report. Here we are at 8 30, we saw a pickup. It was lower in a couple of random trades. Maybe a couple of bad traits. As bouncing up off the lows we had these into the session. I want to look a
Indicating another tough day for the markets after the first backtoback losses in five weeks for the s p and a fourday losing streak for the nasdaq, but as well talk about with jim in a moment, could clearing the froth be just what the market needs . General motors set to continue lower after its worst oneday performance in over two years that was yesterday and after a report that the u. S. Attorneys office in new york has opened a criminal probe in to the handling or lack of handling of a recall. Continuing fallout from the target breach. New data finds that customer traffic fell to a threeyear low in january. And we talk to twitter cofounder biz stone about the outsized valuations of some of todays startups and whether were in the midst of another dotcom bubble. The s p logged its first backtoback losses in five weeks and the nasdaq posting its first fourday losing streak since august as shares of fuel cell, plug power and tesla took a hit. Cramer sounded off on all of this last nigh