Gains of the day two weeks ago the dow hit 25,000 for the first time now lets get to bob pisani on the floor. I want to point out the dow is price weighted, the biggest prigs stocks te price stocks tend to move the index. Let me show you the five dow stocks that contributed most this is a 1,000 point gain from 25,000 to 26,000 boeing is 34 of the gain. One stock is a third of the gain caterpillar, united health, home depot, 3m. Eight of the highest priced stocks in the dow. Put it together, 60 of the dows gains from 25 to 26 were five companies five out of 30 companies here. What is more interesting is the days to the rally are getting small eastern smaller. Each 1,000 point increment is getting small eastern smaller. Look, it took 109 to go from 21 to 22,000. After that, 53 dpays to go to te next 1,000, 23 days, 7 days. You get the point. This is more than just easier to hit the target this is definitely an acceleration it is euphoria, some people say it is. But its an acceleration th
Retailer soar after the Company Raises its fullyear Profit Guidance on the back of a boost in demand to its directory business. And munich re shares hold steady after the german reinsurer warns of a hit to fullyear profits following Hurricane Season in the United States good morning great to have you with us once again. Its thursday, that means its one of those days where its boe day once again well talk about that later. Lets kick things off with a look at the European Equity markets. Just slightly lower to the tune of 0. 1 . Two things going on today. One is the weakness of basic resources. On the back of chinese data and the strength of retail the secoEuropean Markets, a lotf red here ftse 100 off 0. 1 . The xetra dax falling by 0. 25 now we comeback to the sectors basic resources lower after chineses fixed Asset Investment grew at its slowest pace in 18 years between january and august weaker than expected industrial output and retail sales were also reportedingi worries that econo
Anna a warm welcome to bloomberg daybreak europe. On anna edwards. Manus we have a feast of breaking news for you. A headline on airbus first of all. Adjustedst quarter ebit against an estimate of 326 million. Theyre confirming the forecasts and giving numbers for orders in revenue as well. Theyve been facing some production glitches thats been afflicting them with the newest in their highmargin jets facing some of the problems. They have suffered problems because of shortages from suppliers. Two suppliers both said they were addressing the issues but perhaps its something thats giving the Company Policy for thought this morning. Thats one of the companies were covering, airbus saying adjusted Free Cash Flow has come in at 1. 6 billion euros. Manus lets talk about the World Biggest cancer drug maker, roche. The company confirmed its fullyear there were talking about 2017 as being low mid singledigit growth and they been hoping to raise the dividend. ,irstquarter sales is a beat 2. 70 7
Clocks i dont think it is haunting. It is always going to be something that happened. You have a very clean conscience. The reason is i know i did my job right. Wilson is the subject of a Justice Department investigation. Prosecutors say the government is unlikely to charge him with violating the shooting over civil rights. In hong kong, prodemocracy protesters and one of the biggest shows of force in two months. They cleared a key protest site and attain student leaders. Detained student leaders. Saudi arabias oil minister says theres no need for opec nations to reduce output. He said Falling Crude prices will stabilize on their own. Opec nations meet tomorrow in vienna. The meeting discussions failed to result in cuts. Oil prices down 30 since june. Amazon says forget about black friday, think couch commerce. The first time, amazon is offering holiday deal that you can only get on your table or off your smart phone. Ate will be announced midnight tomorrow. Thanksgiving has become the
Otherworldly things. But there are some things ive never seen before. This ge jet engine can understand 5,000 data samples per second. Which is good for business. Because planes use less fuel, spend less time on the ground and more time in the air. Suddenly, faraway places dont seem so. Far away. All right. Last week, everybody went into panic and sold, and im giving you permission tomorrow if you would like to sell in an up tick. Because thats buy low and sell high. There is always a bull market somewhere. I promise to try to find it for you on mad money. Im jim cramer. I had see you tomorrow. Stock markets continue to roar on the strength of Ben Bernankes second straight dave easy money testimony. Dow soared another 175 points and just 89 points from its all time closing high. You know what else . I still believe stocks like the budget cutting sequester. Limited growth is good for stocks. Chris christie brings Online Gambling to new jersey in order to throw Atlantic City a life line