Mayor london breed tells us it is among 150 locations set to close across the country. You just dug deep and found out recently . Yes. City officials are admitting before macys puts out a list of the actual 150 stores one of them is indeed the iconic store in union square, 4,000 square feet, really an impressive sight to see not only on christmas when people flock to it, and it has the displays in the windows and it has the famous trees and everything. But really 24 7 this thing is just a standout icon in San Franciscos union square and it is on the block to close according to city officials. It will remain open for the time being. Employees will still have their jobs but theyre trying to sell the store. Apparently macys owns the building so it will be trying to sell it. Just a sad time for the city of San Francisco as well. Mayor london breed has been dealing with so much and she even made a statement on this. Yes, breed came out with a statement, which is something she really has to
Nasdaq edged down. 26 , the star of the show was the Dow Jones Industrial average, which briefly crossed above 40,000. Hallelujah before pulling back a bit and closing down 39 points. Still, thats a huge leap from where we arrived at dow 30,000 back in november of 2020. So you know what . I think its worth exploring what stocks got us here and why. During this period weve constantly been told that tech is the market leader. But when i look at the top ten stocks up the most during dows trip from 30,000 to 40,000 very surprising group. Only two of them from tech. We also were told Interest Rates is all that matters but thats played a smaller role than expected too. Only the tenth stock really impacted. Instead its an odd grouping where the main thing these companies have in common is very strong exceptional management. Lets run them down so we can learn what the market really wants here. I need you to think about this even though we didnt close above 40,000, this is what matters. First i
Union stood by westlake saying in part, quote, the officer acted within policy and procedure and according to his training. Norah . Elaine quijano, thank you. A major setback today for hostage negotiations. An israeli official tells cbs news hamas is unable to locate 40 israeli hostages for a possible ceasefire deal. This all raising fears tonight for families that their loved ones have died. Cbs debora patta reports on the war that just entered its seventh month. Reporter palestinians pray amidst the rubble and ruin of gaza, mocking the end of ramadan with the muslim holiday of ieid. Its enough, god. Enough with war. Instead of a joyful occasion filled with childrens laughter, for this grandmother, it was a day of heartbreak as she said a final farewell to her grandchildren while their father cradles the body of his youngest son. His wife and three children were killed in central gaza. And for hamas chief ismail haniyeh, the conflict became personal. This is the moment he received the
To 55 cents a barrel. Lauren stunned by the death after walmart and best buy may set the tone. Dow futures up 60 points. Train to europe stocks to pick that the lower fractionally. Cac down higher pay one half of 1 . Lauren stocks rebounding. The nikkei in japan racing when put by and the cost in south korea chaining half of 1 . Turn into a painting by Leonardo Da Vinci smashes all previous record and goes to an unknown buyer for 450 million. Most expensive piece of art ever sold. Fbn am starts right now. Lauren 5 01 a. M. In new york. Good morning. I went in the navy. Drink your way gabriel and four Cheryl Casone. Lauren on to know who drive past a billion dollars on a piece of art this morning. House republicans are expected to pass their tax reform bill today and President Trump is to speak ahead of the vote. 240 seats in the house. Democrats have 194. Democratic leaders holding a family against the republican plan. They throw a scrap to the middle class, provided banquet to the wea
Prompted widespread fears and borrowing has prompted collapse. Fears of and, information sought on accounts involved in the elections. We have struggled to hold onto the gains we saw earlier this morning. Today, the u. S. In the red. The only sector still up was technology, but barely. We had that rally, but tech lost ground based on some of the details on the tax reform bill. , want to pull up this chart 879. It shows you how investors have been anticipating the tax bill will be bearish for tech stocks. Shares underperforming since the end of november as more details that come out on tax reform. David it has become a real problem, especially in asia. We have been down for seven days. Four of those dames with the kleins of more than 1 . It has been a drag. Declines ofhose it more than 1 . It has been a drag. Lets look at markets in new zealand, kiwi dollar underwhelming. Gdp,straight come big day, rba Rate Decision not to do anything,. 1 . Yields lower, bonds up, aussie dollar unchange