Big but therent were enough. The Dow Jones Industrial average closed up 10 pois to 27,691. Its ninth record close of the year. Da the n fell 11 and the s p 500 was dow 6. The reason, boeing. The stock rose 4. 5 after the company said the 737 max could be back in service by the end of january. The aerospace companylso said it will resume deliveries of the jet next month. Phil lebeau takes a look at whats behind that optimism. Reporter with well over 300 newly b 737 maxes parked and waiting to go io commercial service, boeing is anxious to get the 737 max back in the air again. In fact, it believes that could happen as soon as january. Boeings time line calls for a certification flight by ear next nth. If there are no issues, faa certification is expected by mid decemb. So max deliveries would resume. Pilot training rules for the plane s could be by mid restart commercial flights on d planes that have been parked for almost a year. D butt expect southwest and american to begin flying the
Potential progress on trade between the u. S. And china liftednvestor sentiment. Lets get to the closing numbers. Averagejones industrial was 30 points, to 27492. E nasdaq up 1 and the s p fell 3. As weve been reporting a handful of stocks are responsible for much of the market gains. But as bob pisani reports that could be about to change. The on the record highs weve been riding a broader breakout that may be near. Onlyth 10 o s p at new highs right now. Six of the seven biggest stocks s p outperforming, apple, amaze be with google parent alphabet but that could be changesing. A handle handful of names are just below new highs close enou to get mor move up in the markets we could have significant expansion of new highs. Big names on the list, pharmaceutical Companies Like glaks o and merck. Discounters lie walmart. Homempvement by home depot and home kprochlt names names. The rally Energy Stocks in the last few days process. Why energy . Partly because the rally has been broadening.
Welcome to the texas book festival. Im joined today by two incredible authors who are going to help us unpack American Health care. Katherine eban, who whens an investigative journalist, a Fortune Magazine contributor and an Andrew Carnegie fellow. Her articles on pharmaceutical counterfeiting, gun trafficking and coercive interrogations by the cia have Won International attention and numerous awards. She lectures frequently on the topic of pharmaceutical integrity, bottle of lies the inside story of the generic drug boom, her second book, was published bihar per collins in by harpercollins in may. Based on a decade of reporting, the book takes readers into manufacturing plants where the majority of our low cost generic medicine is made. Educated at Brown University and oxford where she was a rhodes scholar, eban lives in brooklyn with her husband, two daughters and newfoundland dog romeo. Dr. Marty makary works at Johns Hopkins university and author of the New York Times bestseller un
Her articles on gun trafficking and coercive interrogation by the cia has Won International attention and numerous awards. She lectures frequently on the topic of pharmaceutical integrity bottle of lies the inside story of the generic drug boom in her second book was published by eecho Harper Collins and is a New York Times bestseller. Based on a decade of reporting the bug takes readers deep into the overseas manufacturing plans for the majority of the lowcost generic medicine revealing if god and educated at the university of oxford where she was a rhodes scholar, she lives in brooklyn with her husband, two daughters and newfoundland dog, romeo. Doctor marty is a surgeon and professor at Johns Hopkins university and author of the New York Times bestseller unaccountable and influential voice for physicians in the wall street journal and usa today. He was the lead author of the article introducing a surgical checklist adapted by the World Health Organization published on healthcare cos
Just facebook at all. Lets dive into all the action. Abigail im taking a look at the dollar. A steepe, the dollar in decline. A spike we saw a bit of higher for the bloomberg dollar index. Up 1 10 of 1 . We do see overall an uptrend for the dollar index. The dollar bulls are in charge. On the recent weakness, all down in the 200 day moving average. It is not clear if that support will hold or if we will go down to 97. Right now, the bloomberg dollar index and the dollar index trying to hang on. Renita right back to earnings, looking at mcdonalds. Shares that the lowest since june on disappointing earnings. The chain is still struggling to pull more customers in its stores in the u. S. Mcdonalds gets more than a third of its revenue from the u. S. , where it has been have a hard time bringing more diners in, especially during the morning hours. Fierce fast food competition pulling customers away. Competition continues to heat up. Been heavily investing in technology. License plate scann