America and thats widely considered to be the main driver of julys gains which were the best since february. Today the market was mixed. The Dow Jones Industrial average advanced 60 points to 21,895. Nasdaq fell 26. The s p 500 was off just slightly. For the month, all the major indexes were up. The nasdaq was the big winner. Bob pisani takes a look at what worked for investors and what didnt in july. Reporter was a good month overall. S p up about 2 . Up nearly 11 for the year. Techs been the leader and it was again in july. The demand for semiconductors to power cell phones and appliances keeps going up. Oil had a big rally going from 44 to nearly 50, but didnt help a lot of oil stocks. Exxonmobil hit a 52 week low on friday. Banks were mostly down for the knot. They benefit when Interest Rates are higher and traders have been surprised rates have not been rising despite the improving economy. Inflation, for example, remains below the Federal Reserves target levels. One major issue,
Performance since april, reversing the losses that besieged the market last week. The mood on wall street improved on easing tensions with north korea thanks to an opped written by the secretaries of state and defense who said the administration would continue to pursue diplomatic resolutions with pyongyang. Now, add to that a solid quarter of corporate earnings, and stronger than expected growth in japan, and stocks took off. The Dow Jones Industrial average rose 135 points to 21,993. The nasdaq gained 83. And the s p 500 advanced 24. Dominic chu watched the rally from the floor of the new york stock exchange. Reporter it didnt last very long. What was shaping up to be a bigger scaled downturn in the stock market ended up fizzling out like its done consistently over the past year. On a Bigger Picture basis, major indices posted declines of around a couple percent only to bounce back today with gains in tech stocks and bank stocks. The general consensus among many traders is that geopo
Undrum, more of a quagmire than even iraq. But there are lots of ways to support the Syrian People if you want to support the Syrian People, right . You can actually bring over more as refugees. You can actually provide more humanitarian aid. You can establish a safe zone it is not at all clear to me that going after the a sad regime directly militarily is the way to go. Rose we conclude with bernard henrilevy, the french filmmaker and author whose most recent film is called the battle of mosul. The famous question in 1943 in america, why do we come back, why do we fight. The kurds ask the same question and they say we fight for freedom. We fight for america. We fielt for france. We might gengs jihadism. And this is a great thing to see. Most they are devouted muslim, pious mus lum, try muslim fighting against radical islam 6789 this is a great experience and great proof that the battle is not between the west and the rest. Rose tom done illon, ian bremmer and bernard henrilevy when we
Hong kong. Some families move here with young children. Some citizens of hong kong even quit their jobs to move here. These new residents struggle to build new lives among the mixed emotions of hope and insecurity. Friction is being felt in hong kong in the relations with Mainland China. Amidst such delicate situations, why are more and more people moving to taiwan . This episode follows a family that just migrated. Hong kong, a region with a population of 7. 3 million. At an International Exhibition held in the city, one event attracted a lot of attention. Taiwanese developers gathered to host one of the largest real estate exhibitions theyve ever held in hong kong. The 20 Companies Sell condos and second homes to hong kong citizens. Seminars migrating to taiwan are also held. The popularity of taiwan as a new home has been soaring. The number of approved residency applications has more than tripled between 2011 and 2014. But why now . Surging real estate prices have become a serious
The Syrian Civil War has lasted five years, more than 250,000 people have been killed. Soccers world governing body fifa has a new president. Members elected gianni infantino, hes the general secretary of the European Soccer Federation uefa and hes promising to reform fifa. Can [ applause ] 207 members cast votes. The first round was inconclusive. No candidate got the twothirds majority needed to win. Infantino won the second round with 115 votes, a simple majority. I want to work with all of you together, with all of you in order to restore and rebuild a new era in fifa, a new era in fifa where we can put again football in the center of the stage. Gianni infantino is a 45yearold swiss lawyer. Hes been an advisor to football bodies in spain, italy, and switzerland. He joined uefa in 2000. He became general secretary in 2009. Infantino pushed for punishment for european players and club teams involved in match fixing. During his campaign, infantino said he wanted the world cup finals to