Last we solve this, 1990. Extraordinarytely run we have been on. Alix if you take a look at what wasmoving, what was hated loved again. Amazon seeing a rally. Big banks seeing a rally. Those that got hated get some love. Basically everything rallying across the board. Alix well cut my eye were the minors. This is the best fourday rally they have seen since 2008. Huge rally. Ad a there is that factor going on when it comes to the minors. We if you look at yield talk about that yesterday, how huge they have seen in the last few days. This week we have seen yields rise across the board. Continually years of 1. 81. It took quite a story there. On the currency front today unbelievable move in the mexican peso. 5 rally at one point. Bank of mexico coming out with 50 basis point rate hike. No one saw it coming. Slammed,been getting making a big comeback on the flip side. An interesting day in market currency. Alix one more look at stocks. I was curious, is it due to Short Covering . There is
Get kids to watch sports on new media platforms. Indira lakshmanan reports on the Nuclear Power talks in vienna. We begin with peter cook and a new review of a controversial u. S. Surveillance Program First leak by Edward Snowden. What does the reports say . Of this report from the privacy and Civil Liberties board, a group appointed by the president and confirmed by congress may give reassurance to americans that the government is not reading all of their emails and it could provide political cover for Tech Companies accused of offering up too much of their customers in from information. Critics of the program will satisfied by this report. One of the biggest revelations to come from Edward Snowden about one year ago, it immediately raised serious questions about whether the nsa was sweeping up electronic indications in the same way that it was collecting phone records. The Bipartisan Group era appointed by the president has found in their report that that is not the case and have con
Quietly introduced yesterday and promises to be an in home assistant to respond to the voice commands. If you have sy ri on the iphone, do you need that . Stock continues to lag. A lot may be riding on the surprise new device. What its about and what it means and brings to the table here in technology. Yes. We will. And now market where markets stand in the final hour of trade. Back and forth today, up and down on the back of the payroll report. Right now, the dow off 8. Is weaker by about 1. Nasdaq off 13. We should mention, of course, yesterday at least the dow and the s p closing at alltime highs here and just slightly below the levels for right now. Musics like game of thrones, isnt it . Parallels, im sure. Lets get to the Closing Bell Exchange for a friday. We have jeff taylor with us today. Ken mahoney, mike laguni, heather loo mismis and rick santelli. Heather, what did you make of the jobs report . Pretty strong. I think it continues a long trajectory of pretty good trends on j
Also on power lunch why your doctor is so angry and confused these days. First, though, to sarah eisen in for manned where i. Shes at the nyse. Hi sarah. Hi. Good afternoon, tyler. Were going to begin with a big deal in the transportation sector. Fedex making a major move into europe buying european rival t t. What is it this mean . Investors seem to like it. Morgan brennan outside Fedex Distribution Center in manhattan for us. Morgan. Well, thats exactly what it means. Fedex is expanding into a Market Europe that until now its had little share of. Fedex has largely focused in az wra. Instead the two dominant players in europe have been ups and dhl. By acquiring tnt express, fedex dramatically expands its presence in europe, and it does so primarily through ground operations. The chairman says there is a number of reason to do this now. The Dollar Exchange ratio was very favorable. The quantity the quantitative easing means the economy has a better outlook now than for some period of t
Performers in the s p and google and microsoft both reporting in three hours time from now. Plus the water crisis in california. Beverly hills making a big move in the last few hours. Were spending much of our time in the golden state covering the Economic Impact of this severe drought. By the way, that is where we find Brian Sullivan. Hes right off the 5 just northeast of los angeles in castaic castaic. How are you going . Reporter im going all right. I think im going better than this reservoir here. This is a major crisis in california and the Economic Impact too, not just environmental, cannot be overstated. Los angeles today saying it is going to rewrite the water rule book cutting landscape watering to two days a week from three. Officials are debating what parts of los angeles are worth spending water money on and which parts are simply not. Too far gone already. Beverly hills, the posh enclave issuing its open water rules. Fining Property Owners 1,000 each for water violations f