All right, america, youre so money and dont even know it, maybe you do because your Stock Investments hitting record highs yet again. Look behind me, all three major indexes higher for a fourth straight day you see, mr. President , somebody is talking asht ining about it. Surprise one of the big winners this week, ge, up 6 in the last five kays were going to chat with an analyst sthat says the beaten u ge could go 50 higher from here check out other movers this hour, cvs health, xilinx, underarmour, up, leading the s p 500. Welcome, everybody, im Tyler Mathisen we kick off the day with the jobs report, first of the new year payrolls for december missing the mark the jobless rate hitting a 17year low. Wages rising not blowout pace, but nice Steve Liesman in philadelphia breaking down the numbers and looking at what it all means for rate hikes this year steve reporter hey, tyler, thanks. Yeah, it was a weaker than expected jobs report, but economists said it didnt really change their vie
Im going to defer to one of our panelist, stephanie long, behind this move all the way, people selling the stocks even down to the caterpillar sell by Goldman Sachs saying this is your opportunity i hope you do talk emerson this is a remarkable time, and there are very few people who understood it was about to happen and theres a stock shortage of machinery companies. We have all the companies that you want in biotech. We do not have enough machinery and Cyclical Companies thats a big part of this. Is this, steph, the way to really capitalize on whats happening . Not only with taxes, perhaps infrastructure, but the synchronized Global Recovery that weve been noting every day. Thats why you want to own industrials, when you think the global economies are improving and when the dollar has come back and been pretty tame, when end markets are actually strengthening and commodities are stabilizing and commodities are moving up across the board thats when you want to have a whole hodgepodge
Even rural internet connections. We will take you there for the president comments live at the top of the hour. Totally reversing the offshore drilling rules. Should the oil industry be careful what it wishes for. Trip advisor dan everhart on the major turnabout that some say could lead to oil company bankruptcy. Tech investors zeroing in on multiple developing stories at this hour. Im going there for all of the excitement. It is the eve of the worlds greatest technology convention. As the security falls rocket. Buyers and investors. I am leaving the second after the show. We will have us full preview and show you some things that are supposed to be the hot stock. The markets may not look as her as hot as they usually do. All five major indices right there in the green. We are less than an hour to the closing bell. A very busy monday hour. Speaking up 2018 we had breaking news. One of the most hotly anticipated events has to take place in las vegas today which is the have of the offici
And lead to a Government Shutdown next week. North korea, iran, russia, china, likely topics to come up in the meeting with the Prime Minister. We are going react to the president s press conference. Liz claman catches up with the ceo of arm holdings. Arms architecture is founded 100 billion chips shipped around the globe. Find out what he says about a possible natural a first on fox interview. On wall street, the dow cutting losses in afternoon trading. Could we see another record close in 2018 . We are less than an hour to the closing bell. Im Ashley Webster in for liz claman, lets start the countdown. Breaking news, hundreds still trapped after devastating mudslides that swept away cars leaving 15 people dead, 24 people still missing. Well bring you any updates to the tragic storiesa the details develop. Thats just east of Santa Barbara in california. Meanwhile, stocks hitting the pause button on the 2018 rally. The s p 500 and the nasdaq are looking for first downday are the year f
Sto stocks of their 16 years and one of the Worlds Largest Digital Currency markets. Ge trouble shares the mark as the Company Takes a 6 at t 2 billion charge after reviewing the portfolio. It feels 12 days ago the dow passed 20,000. We could see 26 k at the open. Their best start of the year since 2003 it is actually seven trading sessions, jim, a thousand point. Yeah, there were some really good quarters on friday kind of confirming things. It is very positive and almost every single line item wells fargo is surprisingly positive and pnc is pretty good. Blackrock was the most amazing it had a gigantic amount of money coming in and they talked about deaccumulation when it occurred and obviously, no time soon talked about the idea of longevity and the need to be able to save and how money comes into equity. The most important call so far really, blackrock yeah. You saw the piece today on social responsibility and larry fink and not unimportant also. No. I think it was a very good artic