Hortons. Well speak with two freshmen congressm congressmen, one democratic, one republican, about what washington is prepared to do about it, or if all this rhetoric is now just electionyear politics. Is bigger better . Apple seems to think so. A bigger iphone coming and maybe a bigger ipad as well. Could this be the tablet that finally allows you to throw out your laptop . I hope not, mines kind of new. As apple stock climbs above 100 bucks, well investigate what apple might have up its sleeve. Im rather attached to mine as well. Im with you. In the markets with an hour to go, the Dow Jones Industrial average off seven points, further away from its alltime closing high of 17,138, i think, if im not mistaken. The s p 500 yesterday closing above 2,000 for the first time, today giving up three points. The nasdaq giving up about five. There has been there have been headlines, we should say, about tensions between russia and the ukraine, scott. But frankly, markets here have been more or
Investigation. And today the u. N. Security council is expected to vote on a resolution calling for full access to the crash site and an International Investigation. Well check in with our nbc colleagues in russia in a couple minutes. Also, we are closely following the situation in the middle east. Israeli air strikes pounding gaza again today. Officials say more than 500 palestinians have been killed since the beginning of the offensive. Yesterday was the deadliest day. 20 israelis have been killed including 13 soldiers who died during heavy fighting yesterday. And the u. N. Security general and u. S. Secretary john kerry are headed to egypt for talks on the crisis. Israel has every right in the world to defend itself, but were hopeful, very hopeful that we can quickly try to find a way forward to put a ceasefire in place so that the underlying issues, so that we can get to the questions, but you cannot reward terrorism. There cant be a set of precondition demands that are going to be
Different alarm. Often a critic, Rupert Murdoch takes a shot. Google with harsh tweets about privacy. Family dollar at center of a bidding war. Dollar general announcing an offer to buy rival discount retailer for 78. 50 a share in cash, total transaction valued 9. 7 billion, counters dollar trees 74. 50 a share, cash and stock bid. So much, jim for not everybody working in late august in the summer. Somebodys working here. This is interesting. This was what we first thought would happen. Exactly. Surprised that dollar wasnt involved because its a better fit. You can tell from the stocks reaction, people agree. I like allcash bid. Lots of overlap in the two, youll be able to take out more cost. Thats what we like about takeovers, consolidation and cost taken out. Even icahn in Family Dollar and precipitated all of this at least public conversation we know discussions with Family Dollar and dollar tree had been going on for some time before icahns involvement. He himself thought that Do
Dominic chu is standing by at the new york stock exchange. Whats the word on the floor . The word on the floor, first of all, the s p 500 closed at a record high just about one out of every five trading days so far this year. Cnbc data crunchers look at the s p and said, hey, 17 of the times or 27 times this year, weve closed at a record high for the s p 500. So not too shabby. The odds are good. Now, if you take a look at the overall picture for where the markets are headed, weve seen a nice move higher, despite fed concerns out there. Look at the sectors leading the way, financials and technology. The biggest sectors in the s p 500, that gives the bulls some bullishness or bullish feel about the whole thing. Take a look at some of the stocks that are moving. Big names like hormel on earnings. Look at other ones, because ebay and hp doing well on their particular moves and staples on the downside on their earnings results. Overall, a nice move higher despite the fact we have a lingeri
No funk for the consumer. Targeted at 6 billion, snap chat with 0 billion in revenue, raising a new height this morning. Facebooks first downgrade since march of this year, and the growth will slow in 2015. For the first time, the targets open with the s p above 2,000 coming off the 30th record close of the year and dow hit new intraday highs in tuesday session, and nasdaq at a fresh 14 and a half year high, up 4. 5 . Interesting action so far. We have a cease fire in gaza, meeting how the geopolitical story reversed and markets like that. Lack of news is good news for the market. The bullish momentum continues. Milestone after milestone, but momentum is a keyword to talk about and whether it continues the 30th record close for stocks . The action is in the currency market. Overnight, the year row hit the lowest level in a year, ramped up hopes, right, simon, for more action and weak Economic Data fuelling the fire. I think one. Most interesting barometers this morning is the major rig