Friday, march 28th. Good evening, everybody. Im sue herera filling in for susie gharib. And im tyler mathisen. Welcome, everybody. It is not over yet, but the month of march and the First Quarter of the year are just about history. And so far, wall streets performance has been about as welcome as this winters weather with the major averages swinging up and down like the temperatures but ending pretty much flat for the quarter. And its not just here. That same halting performance has been seen in markets all over the globe. So what trends outperformed in the First Quarter of this year, which didnt, and what lies ahead for the Second Quarter kicking off on tuesday . Bob pisani takes a look from the new york stock exchange. Reporter it will be a choppy end to a choppy quarter. Last years First Quarter everything was up 10 . This quarter will produce real winners and losers, what traders call a stock tickers market. Lets look overseas first. Many traders who were buying japanese stocks lik
Nightly Business Report for friday, march 28th. Good evening, everybody. Im sue herera filling in for susie gharib. And im tyler mathisen. Welcome, everybody. It is not over yet, but the month of march and the First Quarter of the year are just about history. And so far, wall streets performance has been about as welcome as this winters weather with the major averages swinging up and down like the temperatures but ending pretty much flat for the quarter. And its not just here. That same halting performance has been seen in markets all over the globe. So what trends outperformed in the First Quarter of this year, which didnt, and what lies ahead for the Second Quarter kicking off on tuesday . Bob pisani takes a look from the new york stock exchange. Reporter it will be a choppy end to a choppy quarter. Last years First Quarter everything was up 10 . This quarter will produce real winners and losers, what traders call a stock tickers market. Lets look overseas first. Many traders who wer
Keep crying all day. Well get through this. A week from black friday, a double dose of retail reality today with two big retail ceos. Apparel companying ipo today, up better than 40 . The ceo jill granoff is here with us. They left money on the table. I tell you. And Brendan Hoffman will be with us, operating 260 department stores. Looking forward to both of these interviews. When is it time to cry uncle . Bill ackman is down 500 million on his herbalife short position. Hes not down yet. Well ask a top investor when you need to say enough is enough and admit you were wrong. In the markets, lets take a look at wherer with we stand. The Dow Jones Industrial average up 0. 25 . We have been trending higher. Sitting around the highs of the day. Nasdaq composite showing gains. Technology doing well with the nasdaq up 20 points. At 3990. The s p 500 looks like this. Gain on the session of 7. 5 on the standard poors. Joining us on closing bell exchange, ann, michael yoshikami, rich peterson, a
That down first trading day and expect us to turn around. What is the real story on this economy . Is it on the upswing . Or was that a jobs number foreshadowing were in for a rough patch. Some warning we got ahead of ourselves and things could be dicey. Well try to separate the fact from the fiction. Yes, we will. Youre welcome, america. And it turns out that if you shop at target, your private information may be more of a target than we knew before. That stock is lower today as we learn the Security Breach is much wider, the information even more personal. Up to, is this possible, 110 Million People affected, email, street addresses, names and phone numbers all hacked. Is enough being done to make sure this doesnt happen again at any stores . Were going to cover this incredibly important story coming up for you. Take a look across the major indexes. At the moment the dow is off 40 points or a quarter of 1 . The nasdaq is trying to buck the trend. It is just slightly positive adding a
Accomplished investors in their own right. Plus theres so much to discuss. Tyler, were going to talk to the coopermans and the millers about where they see this market going. The incredible valuations weve been seeing in some Companies Like open table. Speaking of that deal today. Bought by priceline for month than 2. 5 million. It will be interesting to hear about that. And plenty of other occurrences in this space. Of course weve got to talk about oil, about some of these new tech developments and much, much more. Apples not falling far from the tree in those cases. Interesting to hear how they invest alike and how they invest differently. In markets right now lets take you through the three major averages. The dow up 32 points. About. 2 of a percent higher. The nasdaq a relatively small gain of about 12 points at 4309. And the s p 500 moving up today by about five points, a quarter percent at 1935. Joining our closing bell exchange, Kelly Connelly from jhs capital advisers, rich pet