Pelley good evening. This is our western edition. They were dancing on the street today to a couple of new records. Investors, who have been pouring money into stocks, drove the dow up to its fourth record close this year 16,715. And have a look at this in 2009, the dow bottomed out during the Great Recession at 6,547. Well, it is now two and a half times higher. And the s p 500, a broader measure of stocks, closed today at a record 1,897, but at one point it was even higher. More now from anthony mason. Reporter even on a slow day on wall street, the markets keep surging past milestones. Today, it was the s p slipping past 1,900. When a market moves this quickly, does it make you nervous . No question about it. Reporter veteran trader alan valdes is with d. M. E. Securities. Are we a little frothy . It was only a year ago we were at 1,600. Reporter that milestone, by comparison, was a long time coming. It took 13 years for the s p to climb from 1,500 to 1,600, which it finally reached
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Now, on the eve of COP28 African climate activists hope for decisive action beyond empty words, calling on leaders to fulfil promises made at the ACS and previous COP summits.
When world leaders and climate activists meet in Dubai for the 28th United Nations Climate Change Conference (COP28), for the first time, African representatives will bring to the negotiation table new expectations, hopes and criticisms stemming from the inaugural Africa Climate Summit (ACS) that took place in Nairobi in September. At the ACS the […]
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