You go out no, i dont. Various market milestones today. The nasdaq crossing 7,000 for the first time and the dow closing in on 25k for the first time although were well off the highs right now. Tax reform hopes, and a series of deals this morning seem to be helping sentiment today. This is the first time ever, by the way, that the dow has gained 5,000 points in a single year. We began the year in president 19,000 range and now were well into 24k. Its just crazy theres no other word for it nothing like bitcoin, though, by comparison, it seems tame. We have people who are going to tell you where to make more money in the sfarkt cotock markg up in a few minutes. Is utilities are the biggest loser today. We have a debate on whether the bitcoin boom could help drive utilities higher talk about some of the power usage. Thats a hot topic. Recode calls him one of tvs most important executives. What espn had john skippers resignation announced today means for that sports giant and for disney ov
Tyler mathisen is off tonight. The major indexes climbed further into record territory. The dow closing in on 25,000. The optimism sums ahead of a vote on the tax bill that would be an historic overhaul of the u. S. Tax system. It would cut the corporate rate and result in likely increases in profits. A number of corporate deals also helped lift sentiment. Well have more on that later. But first a look at the closing number. 24,792 for the dow, its 70th record close. The highest number in a calendar year ever. The nasdaq was up 58. The s p 500 added 14. With the steady climb in stocks all year and the tax bill vote near, what will drive the next leg of growth . Mike santoli took a look for answers. Every bull market needs a good story line. The one that started nearly nine years ago has followed several along the way. You have the depths of the bear market in early 2009. The bullish story was stocks were simply too depressed. As the years went on, the narrative shifted to Central Banks
Good morning from the studio 57 news room at cbs news headquarters here in new york. Good to be with you. Im annemarie greene. The National Transportation safety board says preliminary data says the amtrak train that derailed was going 80 miles an hour in a 30mileperhour zone. At least three people were killed as it hit a new bypass just south of seattle. More than 70 were injured when 12 train cars and a locomotive jumped the rail, some cars falling to the road below. Immediately after the derailment, the conductor called for help. We were coming around the corn eaer and we went on the ground. Is everybody okay . Im still figuring that out. We got cars everywhere and down on to the highway. The ntsb says its not known what caused the train it was going so fast. Kenneth craig is in washington with the latest. Good morning. Reporter good morning to you, ann marie. Still a massive scene out here and this is where it all happened. Take a look down the interstate here. You can see that cru
One, but it is a wakeup call for the Prime Minister. The tally is the worst performance in two decades. He may adopt a more populist agenda. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Lets take a look at the markets. Australia has closed out tuesdays session in sydney, up by 7 10 of 1 , the nikkei flat cured the hang seng looking good after the lunch break and India Holding onto gains. This is bloomberg. Emily im emily chang and this is bloomberg technology. Coming up, bitcoin hits another gear on a bigger stage. Why sundays cme debut could play a defining role in the cryptocurrencies march to the mainstream. Plus, the blackout at americas Busiest Airport. How tech can help keep the power running when the lights go out. And stepping up security. With just a week to go for lastminute shoppers, an ebays executives tips on shopping online. First, to our lead. The worlds Biggest Exchange just joined the bitc
Good morning from the studio 57 news room at cbs news headquarters here in new york. Good to be with you. Im annemarie greene. The National Transportation safety board says preliminary data says the amtrak train that derailed was going 80 miles an hour in a 30mileperhour zone. At least three people were killed as it hit a new bypass just south of seattle. More than 70 were injured when 12 train cars and a locomotive jumped the rail, some cars falling to the road below. Immediately after the derailment, the conductor called for help. We were coming around the corn eaer and we went on the ground. Is everybody okay . Im still figuring that out. We got cars everywhere and down on to the highway. The ntsb says its not known what caused the train to derail and its too early to know why it was going so fast. Kenneth craig is in washington with the latest. Good morning. Reporter good morning to you, ann marie. Still a massive scene out here and this is where it all happened. Take a look down t