The dows advance today wasnt big. But it was enough to put it at levels never seen before. The blue chip index added 45 points to 22,203. The nasdaq fell 31. And the s p 500 was off two. The run to records for the dow was gradual and kind of quiet, as if the index was just crawling along. But something is helping lift that part of the market. Bob pisani explains what reporter the dow notched its third record close of the week today even as the nasdaq and s p closed slightly lower. The dow remains on pace for its best weekly gain since april. Crude oil sent Energy Stocks higher. Leaders included schlumberger. But there was some weakness out there. Other sectors that had been strong last week ran out of steam today. Bank stocks, for example, had been up 3 to 5 for the week. But most closed lower by about 1 today. Retailers which had been having a great week, they also declined today. Tiffany was down nearly 5 . Qatar still retains a 10 stake in the company, wiping out a twoweek rally in
We will go to San Francisco shortly for the latest on changes in ubers leadership. On thewe have our eye middle east with the crisis in vauxhall, later in the program. This is daybreak asia, coming to you from 7 00e it is just after a. M. In hong kong. I am yvonne man. We escaped the typhoon in hong kong. A whirlwind of a storm. The selloff going global. It is hard to tell if this is a pause or meaningful rotation out of some of these growth stocks. Betty it seems to make perfect sense, right . Yvonne, these big tech shares are the ones that have led the rally, so you can see at some point, investors would say let us take some profit on these gains. The question is, what is the timing . What gives here . That is what investors are tied to parse through in the next few hours. Heavy some of the tech investors. That looks set to continue. Let us look at how the state of play is into new zealand. Plenty flat. The kiwi at 72. 02. Australia returning back from its holiday, could play catchup
Washington. Senator Jeff Sessions heads to judiciary. Futures are steady. The tenyear, around 2. 39 . Small Business Optimism at an alltime high. We begin with the sprint of confirmation hearings. In minutes, what investors should focusing on. Apple is breaking to an alltime high, but is it a sign of a stronger year ahead . Carl icon on the quote of idiocy of over regulation. How he is pushing the Trump Administration. Chipotle warns it is putting out preliminary results. It is making a reversal, now in positive territory in the premarket. Of course. First up, stocks are looking to bounce back from a mostly negative session on monday. Nasdaq was a bright spot, hitting fresh, alltime highs. Apple one of the catalysts, rising to a new 52week high. Nasdaq is up five straight. Interestingly, it started december, up six straight, jim. Right. This is kind of a reverse. Apple being the last to really go. Look, theres a stock, i call it repulsive today, realmoney. Com article, about a repulsiv
In erbil. Secretary of state john kerry justified the attack on isil. Isils campaign of terror against the innocent, including the izidi and christian minorities, and its grotesque targeted acts of violence show all the warning signs of genocide. Kerry said president obama approved the air strike to save innocent lives, and he said the world should join the u. S. In condemning isils actions. Security in iraq has been worsening since june when sunni militants seized the second largest city of mosul. Hope has faded for an extension on a temporary ceasefire between Israeli Forces and hamas fighters. The truce expired friday morning. And soon after, both parties resumed fire. Israeli and palestinian delegates held talks in cairo through egyptian mediators during the 72hour ceasefire. A palestinian negotiator told nhk that talks broke down after israel rejected their demands. The negotiators said delegates from both sides will leave cairo by the end of friday. More than ten rockets were fir
Secretary of state john kerry justified the attack on isil. Isils campaign of terror against the innocent, including the izidi and christian minorities, and its grotesque targeted acts of violence show all the warning signs of genocide. Kerry said president obama approved the air strike to save innocent lives, and he said the world should join the u. S. In condemning isils actions. Security in iraq has been worsening since june when sunni militants seized the second largest city of mosul. Hope has faded for an extension on a temporary ceasefire between Israeli Forces and hamas fighters. The truce expired friday morning. And soon after, both parties resumed fire. Israeli and palestinian delegates held talks in cairo through egyptian mediators during the 72hour ceasefire. A palestinian negotiator told nhk that talks broke down after israel rejected their demands. The negotiators said delegates from both sides will leave cairo by the end of friday. More than ten rockets were fired toward