For allegedly opening up customer accounts without consent, forging signatures. I mean is your identity safe anywhere . Well look at that story coming up a little bit. The rally continues on wall street today. I mean in this you know after we saw what happened, bill, with the fed, the 300point move we had after the fed decision to taper, you know the aftermath still remains pretty solid. Were adding another 70 points on that index today. The dow was 97 at its peak today, light volume. As we always say, can you make money light or heavy volume, or lose money at the same time. It still reveals a bias. The bias appears to buy the index. The s p 500 adding almost ten points at this hour. The nasdaq strongest performer of the day. Take a look at some components of facebook in particular as its added to the s p 500. Up better than 5 . That index again, sitting about 1827. Lets talk to our Closing Bell Exchange gang joe tanney dick from Rmb Capital Management joe duran, hes also by the way, t
The nasdaq a 13year record. Heres where we stand right now. What does great 2013 spell for 2014 . There you see the industrials up nearly 82 points. The s p up 10 and nasdaq up 38. So what the heck . Thats what were calling it with the tenyear near 3 . Rates rising in china. How can we hit record after record . It usually doesnt work that way. This time, maybe as the saying goes it will be different. Sue is out, joined by michele at the new york stock exchange. Hey there, tyler. The dow up today, you said it a second ago. Take a look at the returns for the year so far. 25 . The spy, the etf that tracks the s p 500, if you put 100,000 at the start of the year you would be up by roughly 28,000. The triple qs track the nasdaq 100 up 33 year to date. Bob pisani is here on the floor. If you put 100,000 in the s p at the start of the year i would be impressed and hang out with you for a while. Last week with the big rally it would cut into the santa claus rally. It starts tomorrow. Good for
Of a program and those are good signs. In addition to which we see some good numbers. 1. 9 billion and counting. The coceo of Deutsche Bank signals they may have to set aside more money for litigation as they settle u. S. Mortgage claims. After years of talking, apple clinches a deal with china mobile to sell iphones. It could increase their revenues by 10 billion. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Hello, everyone. Its almost christmas and Ross Westgate has already started his christmas vacation so thats great for him. Im filling in for him this week. Lets get back to one of our top stories. The imf is raising its forecast for u. S. Gdp citing the budget talks to taper Bond Buying Program. In october the imf said gdp was expected to expand 2. 5 next year. While she didnt offer a new number, imf manager christine will he guard appearing on nbcs meet the press says she sees a lot more certainty for 2014. Most people who invest,
Market stocks set to open at more record highs this morning as we move closer to the end of the year. The deal is finally done. Apple signing a landmark agreement with china mobile, the Worlds Largest phone carrier. Analysts estimate this could help apple sell as many as 20 million additional iphones in china next year target sales suffering this weekend despite trying to make amends after credit and debit card information was stolen from as many as 40 Million People. Targets apology missed the market. We are joined by Dan Greenhaus. Stocks are taking aim at history. Futures on the ridese. The dow and s p on the way to rise. The s p and nasdaq each turning in their best weekly performances since october. As sarah said, dan, when we first came in this morning, we actually have a lot to talk about. We have echos of gdp on friday, lagarde raising instead of cutting her forecast for the u. S. We are going to see a pileon this week . I couldnt call it a pileon. There is certainly a lot more
Mutual fund. And making a difference in 2013, from apple to del investor carl icahn making an investment that paid off. And stories of people having a powerful impact in the Business World this year. We have all that and more on nightly Business Report. Good evening everybody, and welcome. It is hard to say who is halving a better year, peyton manning, or the dow jones industrials. The quarterback set the record of the season, today, the dow set its 48th record closing high of the year with five trading sessions left, manning only has one to go, and the s p 500, the dow transports and the russell 2,000 also closed at alltime highs, for its part, nasdaq finished at its highest level since 2000. A lift in november of Consumer Confidence in december and a rosy outlook on the u. S. Economy next year on the International Monetary fund. Today, the blue chip stocks jumped, the nasdaq up 44, a more than 1 spike and the s p 500 added nine. Our guests say there are risks for investors in the new