Rally, since we hit bottom eight years ago today, is all the result of the feds easy money policies. The other day when the dow gained points, nasdaq crept up a tiny point with 2 . I think its worth spending some time together debunking that canard because its a bogus story that casts the entire move as a castle in the sand that could be washed away by the wave of the feds impending rate hikes. Look, if you really believe that this epic multiyear increase was all about the Federal Reserve, as so many do, and not about the companies and the ceos and the people behind them that you invested in, then right now you should be scared out of your wits, no doubt, given that were probably going to get a very strong employment report tomorrow which will allow the fed to start tightening, most likely tightening fast. The fed aggressively cut rates during the grease recession because it wanted to entice our country into doing more business and it did it. So lets move on to something more befitting
It is a great tester to maturity of the company you want to do business with is do they submit themselves to open hacking . Do they compensate hackers. If a volume and if you find a vulnerability of their product they will pay the hacker which is amazing. It gets hackers oriented the organization that puts that out there feels comfortable. They want to learn more. They have a culture that wants to identify and protect themselves. Any thoughts on the black holes . What is interesting to know my years of technology he will invent something new every five to 10 years and create a of natural holes. The social media today we couldnt fathom 15 years ago. It continues to be this notion of mixed Public Private and in trying to coordinate across your organization, most businesses meanwhile. So finding more ways to partner, finding more ways to Work Together to make sure we are covering this. If you look at my back in a database in your backend database, how come we dont have one bad guy databas
The new trove of documents showing even more secrets from the democratic nominee and battle to take back mosul. Isis is latest, last major strong hold in iraq. That is underway right now of the terror group using ieds and boobytraps to defend its territory. What this means for u. S. Led military operation. David a lot to cover. First back to the markets. The dow ending the day to the upside, even though it was way off its highs. Unitedhealth, Goldman Sachs an intel among biggest winners. Trader Scott Shellady watching action in oil and gold. There were buyers from the cme. And lori rothman on the floor of the new york stock exchange. Lori, first to you. Hi, there, david. So stocks did rally today. Markets are up two of the last three sessions to be more accurate. The leading industries were health care and technology. Look at dow. Really unpack it here. Huge stories for many of the dow components, starting with unitedhealth group, number one gainer on industrial average today, up bette
We have new shocking details on the size and the scope of the lists that were used by the irs to go after conservative groups. Wait until you see who else was targeted. Melissa back to the markets, the dow hitting 18,000 today, but not enough momentum to finish there. Phil flynn, Price Futures Group is a fox business contributor. He is watching action on oil and gold from the cme. Lori rothman on the floor of the new york stock exchange. Lori, we couldnt hang on to it. What was driving it and why couldnt we hold it . Reporter health care was the drag. Crude oil settled above 50 bucks a barrel today. As far as the dow hitting 18,000 but paring those gains, s p 500 closing still at the best level since last summer basically. Energy, telecom, industrials are among the best performing industries but health care sold off, especially late in the session. That started by valeant once again, the usual suspect. Valeant touching a new low today basically slashing guidance. New yorkbased investor
Last night, so it is unclear where the fire starts. They are investigating. It jumped to both sides of the road and it is unclear in it was an accident or ignited. Fires are investigating the cause. We will update you with the cause when we get it. New perspective of how much one. Good morning, everyone, i am reggie aqui. I am natasha zouves. Glad you here on thursday, july 14. Rue is here for meteorologist mike nicco with a hot day ahead . We do. Good morning, it and remain with an bay and hot inland. We will take you outside our exploritorium from this point we are fog free and limited fog along the coast the first thing but by 4 00, we calling it very hot inland and that Prime Minister add spare the air day with poor air quality inland, and, also, in the south bay. We have a couple how citizens, one, new one, but both are on 680 and it could the developing hot spot, injury accident, southbound 680, off the benicia bridge at marina vista and it is off for the road so it is not causin