This is nightly Business Report with Tyler Mathisen and sue herera. Funded in part by all it takes is a spark. One idea to take flight. The courage to seek the unknown. To innovate, disrupt, to move us all forward. To explore a different perspective. At nasdaq, we connect the world, its ideas, its capital, its businesses, the people that drive global economy, the future the isnt tomorrow, its right now. All it takes is a spark. Nasdaq. Setting the stage. Job growth defies expectations and wages rise. Now its the feds turn. Where the jobs are. One industry where hiring might be accelerating to full throttle. The accidental landlord. They didnt plan on the way Office Spaces rented but they did. Those stories and more for nightly Business Report for friday, march 10. Good evening. Welcome to the end of the week. It is official. The American Economy created a lot of jobs, many more than expected. The gains were broad in sectors all across the economy. The employment rate did tick lower. Wa
We begin on dow 19,000 watch. President elect donald trump lays out his first 100 days in the form of a video. Says hes going to abandon the tpp trade pact on day one in the white house. Amazon could be getting into the lucrative live sports business. Reports say they have held talks with the nba, mlb and the nfl for live game rights. But first up, stocks hitting those record highs, the dow is within 44 points of 19k, the s p just two points from 2200. Small caps making history as well. The russell at an alltime high and in the midst of its first 12session winning streak in 13 years, jim. Technicians love this setup over the next few weeks. More than 700 stocks hit an alltime high. Thats very positive. The groups that have been involved in this rally are broad based, they dont seem to just be all oil or all tech or all bank, its really a huge part of the s p. We saw yesterday the kind of a catchup trade with a lot of the oils. Weve got cold weather, a potential opec deal, a president w
Very good morning and warm welcome to you on Worldwide Exchange kicking off now on cnbc. Im wilfred frost with kayla sitting in for sara. Good morning. I like that youre playing the weekend music. Gets you in the mood. Even though it is 5 00 a. M. It is basically the weekend. Lets see what the markets are doing now. U. S. Equities open lower, gained traction throughout the day. Finished about a quarter of 1 higher. This morning, pretty much bang on flat in the premarket, s p slightly in red, treading water ahead of the jobs number which comes later today. All eyes on that and the implications for what it means for possible fed rate hikes. Lets look at the tenyear note, what is the bond market doing this morning. Were bang on 108. We just have come down on the yield. Seen a little bond buying during the course of the week, close to 1. 9 earlier in the week, now at 1. 8 . Everything rests on todays big market story, the u. S. Employment report, forecasters say the economy likely added 15
Happy friday, im sara eisen along with don chew who is in for wilfred frost. Hes back monday so my last day of the early shift for a while. You can go back to bed, but we will miss you in the morning. New music friday for you. Producer usually nails it with the new music friday. Going to be on the top of the list. This is where i learn all the new music is World Wide Exchange. Lets check out the markets this morning. U. S. Equity futures after a quiet day yesterday where the s p finished positive. Minor move. Maybe well break out of that pattern with dow futures up 24. S p futures up three. Nasdaq up 12. The big report is the jobs report today. Thats the big report. The earners have slowed to a crawl. This after we got decedent jobless claims yesterday. Lower factory orders, but a better adp report pointing to what could be a good report. There are those out there who believe the kind of Market Action weve been seeing has been this kind of fine tuning if you will jockeying positions, n
Committee, john brennan was brutal in his assessment of the terror group. Flatout saying isis will send operatives to the west to pull off more attacks. The directors testimony likely music to Donald Trumps ears. Music in the way what we mean by that is that the billionaire businessman has been beating the drum on protecting the home front as he tells gop leaders to get in line or quote shut your mouths. He said that to gop leaders. Hillary clinton getting a major endorsement from organized labor. Former democratic senator evan bayh and republican George Lemieux who ripped donald trump saying his campaign is about to implode on how todays vote will tip the balance, red or blue. A major shift in the possibility of any rate hike this year . Do you see the markets moving higher . Take a look. The dow jumping 62 point. Less than an hour to the closing bell. Ill tell you why as we start the countdown. Breaking news, we have a roller coaster in high speed, reverse, the dow is up 61 points, y