I know. Alltime highs we have like, what, 39 trading days to go is that it . It is a tight time frame here the interesting thing around the market is it has shrugged off concern. One of the reason the market has gone higher is because of really light positioning. That mentality hasnt changed. That has fuelled the rally in the market you see the dow in the green but just barely. Nasdaq futures down by a point again, we are sitting at new highs after the gains we added on yesterday you look at the treasury market yielding 1. 85 xerox looking at buying hp. The company has an informal funding commitment xerox has a Market Company a third of hp. Both of these companies former technology stall waters. Xerox has had a couple of falls. Do people steel xerox things it is like faxing. Hp has tried to keep up it is like help me im drowning. Hp shares are up. Xerox somehow is the acquiring company. And there would be a premium to hps market cap. I just get depressed reading this xerox already scra
Org. Library of congress festival Live Saturday 9 00 a. M. Eastern on cspan2. It doesnt just look like this, it looks like this. Americans can see democracy at work and truly informed. Straight from the sources cspan. Unfiltered, unbiased, word for word. The opinion that matters the most, this is what democracy looks like. Good evening and welcome, excited for you to be here. Regime change, this is part of a new initiative i advised to the forefront in d. C. And the country. I look forward to many more evenings with you. I want to share the history of modern age in case you arent familiar. In 1951, circulate a perspective of investors in the midwest and target leadership was professors, clergyman, men in government and reflective people walks of life who preserve equilibrium of life so i will leave it to you whether your the industry and the powerful men of government or scare people preserve and develop but what it is amusing, its a fundamental statement about the dignity of ordinaryu
Announcer this is nightly Business Report with bouncing back . Consumers rebounded a bit in april. But retail itself remains a mess. What gives . Is the backbone of the american economy, better known as the american consumer, healthy or not . Taking the plunge. Home prices are not for the faint of heart right now. So what do you do if youre looking to buy your first home . Some of the best markets if youre looking to get in. And its the new retirement. Why senior women are making a strong push to be this generations golden girls. All that and more on nightly Business Report for this friday, may the 12th. Good evening, everybody, welcome. Im Bill Griffeth coming to you from the new york stock exchange. Tyler and sue have the night off tonight, so its just you and me, okay . Weve been telling you about the wreck that is retail, and theres another one today. First, there was a bit of a rebound by the consumer in april. Spending rose, albeit less than expected, but it rose nonetheless. Ste
1997, down 1. 75 . So the selloff in bond market has been real. The 30year yield back above 3 . 10year at 2. 30. The fiveyear, 1. 7, and twoyear at 1. 035 . The nikkei closed higher by a half percent. European equities at this hour, lower. Not by a whole lot. Except for italy and spain, off by more than 1 . Crude prices are mixed. Lower by 7 cents for wti. Look at the dollar, which is stronger once again against the euro and the yen. 14year high for the dollar index. 1. 06 is what the euro will cost you. You will get 110 yen for every dollar. Reuters is reporting this morning that chinese policymakers are ready to slow the decent of the yuan so it doesnt fall too quickly. Its 6. 88. That headline sergeauggests thay will let it fall through 7. People saying the important level that could the negative for multinationals to the point that where the everybody is looking for a reason for this rally to stop. Thats another one. I dont employee if that would stop it. The u. S. Dollar index, it
Coming up here. The former ceo of mcdonalds says the number may look bad but the current employee picture looks even worse. Hell explain why coming up. And donald trump calling that jobs report in his word a bombshell. Larry kudlow and barney frank will be along. And Joel Greenblatt gives us a peek into his strategy and why people should own a bucket of stocks like apple. He explains coming up. So much more. Weve got a lot of things planned, coming up. Lets talk about the things that cattalized the jobs rohrs. Steve liesman, what in the world happened here . You know, it was a week number. No sidestepping it was well below what the street was expecting and now everybody turns to the fed chair janet yellen who steps up monday and will have to react to this dismal jobs report. Remember she said she thought it was moving in way to hike it in the coming months but now says steven stanley, i expect that chair yellen speech writers were told to clear their calendars for the weekend and a new