All closing at a record high on the same day for the first time in about 16 years. The big winners were energy and utility stocks. The nasdaq isnt taking part in the party at this point. If he check out the futures this morning, right now you see there are some red arrows. These are modest declines at this point. The dow futures down by 1. 5 points, dow down by 9. 5 points and the nasdaq down by 3. 5 points. Policymakers in europe are expected to stick with current plans keeps rates at record loys. But there is growing disagreement between ecb members and mario draghi. Here at home, two big economic reports to watch this morning. Both of them set to be released at 8 30 eastern time. We have weekly jobless claims seen at dipping at 285,000. Well be getting a first read on Third Quarter productivity and, andrew, ill send it over to you. Lets talk about some Corporate News this morning. Tesla posted better than expected Third Quarter results. Those results driven by record deliveries, but
Every day bets on how companies will do and when the bullish bets overwhelm the bearish once, you get days like today where the dow gained 60 points, the s p climbed, while the nasdaq inched down. 2 , but are these bets informed . Or are they just guesses . It depends. Sometimes as we know from the confusing minutes released by the Federal Reserve this very afternoon, it is really difficult to get a good read. I couldnt make heads or tails out of whether the fed thought the economy was Getting Better or worse. Thats largely because the traditional benchmarks and toe tums arent making sense right now, sometimes even sending us in the wrong direction. Yet its confusing out there. Ive been doing this for a long time. Its confusing. In fact, i think you can say this is a temptations market. Weve got multiple balls of confusing. The most glaring example, for years weve looked to the direction of Interest Rates to gauge the economys strength or weakness. Interest rates going higher, we know
Consumers but the opposite still seems to be the case. This market likes it when oil is moving higher. Last thursday lets all recall oil hit a low of 43 and change. Now were almost 10 above that right now. Almost 25 gain. I will mention Brian Reynolds just hitting the tape saying he thinks this will help stocks fend off some of the weakness we have seen wreryeartodate. There is certainly a lot to watch. Not clear at all just what this move will even. Aetnas sew Mark Bertolini is joining us in an exclusive interview. Why theyre raising their outlook plus well ask him to weigh in on the controversy. The vaccine story was a big part of the show yesterday with kellys interview with senator rand paul. Disneyland in california was kind of ground zero for the measles vaccine debate with that scare out there. Bob iger will be here after his companys earnings are released tonight. Well get his take on all of that. Im sure im sure that bob will have something to say about that. Here is where we
Maryland man who likes ting risks. Th has paid ofoff. Rorob mcgovern launched career for 54. Com, then sold it Million Dollars. He was wellll into launching his next business when tragedy struck. He defied his prognosis. And everyones e expectations, coming back withth what may be th next trend in retail and beyond. I sat down withim at his home in chevy chase. You studied at the mercy of maryland with an undergrad in business. You minored in Computer Science at a time when not a lot of people thought that was serious. Only the nerds did that. Now, youre into very know w how talk about Career Builder and how you started the company. I have always been interesesd in technology. It did seem like the logical thing toto type punch cards, lie the right row graham program. I was in the computer industry working for hewlettpackard. Youre a product manager . A new internet came along. Someone showed me the first web browser. This is in 1994. There are no graphics. They said this is going to ch
Street despite the impact from the Massive Customer data breach which shaved two Cents Per Share of earnings and cut into sales. Andics inned Quarterly Results from a slew of other retailers that includes lowes, dollar tree, tjx and Abercrombie Fitch and barnes noble. And dream Works Animation down sharply in the premarket after posting Fourth Quarter results that were below expectations but well begin with target, reporting betterthanexpected Fourth Quarter results but saying the massive data breach shaved two cents a share off of earnings and comps down 2. 5 in the period but Gregg Steinhafel said sales trends have improved and u. S. Comes down 2. 5 . I know you were tweeting early about not just what the quarter would mean but the yield at this point and so forth. I have to tell you when i look at target, i expected them to miss the miss. Were happy with minus 2. 5 and the answer is, yes, we are, because a lot of people felt there had to be a sudden dropoff, the comeback is being vi