Hurricane. We are going to have a ton of money directed at us. Plus, the weeks top interviews put the pandemonium in perspective. We are going to continue to speak up, no matter who is in charge. Hello and welcome. The week began with a familiar note of a nuclear test putting the rest of the world on edge. Atthe political tensions are washington hasnd promised an overwhelming response and the u. S. And south korea are trying to analyze the details of the test. They are saying this could have some type of effect negatively on the Growth Prospects in south korea. This could be seen as a slap in the face for north koreas main ally, china, and the test coming as president xi jinping welcomed the leaders. What is the mood in china . The chinese put out a statement saying they did not agree, didnt back, and did not support what the north koreans were doing. They said it was wrong actions, and they called for a resumption of dialogue. The chinese, it doesnt seem, are going to be changing thei
It was another record setting day for the s p 500 and nasdaq. Today, something new happened, the dow jones set an all time high too. Sewell tell you in a minute about the specific stock that drove todays record run broadly speaki speaking, investors were cheered by two things, including the Federal Reserves decision to keep rates unchanged. Something well talk about a little later in the program. The Dow Jones Industrial average advanced 97 points to that record 21711. The nasdaq added 10. It was enough for a new high. The stock that fueled the dows gains was boeing. Shares flew higher recording its largest percentage gain since 2008. The reason, strong quarterly results. A close to perfect report. Its profit beat expectations and the company lifted its forecast for the year sales fell, but investors didnt care. Boeing churned out a lot of cash and returned billions back to shareholders boeing today surpassed Goldman Sachs to be the priciest stock in the dow the Worlds Largest Aerospac
2027488901. Send us a tweet at cspan history or join us on facebook at facebook. Com cspanhistory. As we move outside to inside, one of the displays, and there are so many inside this fabulous museum, is moving beyond earth. And an example of the evolution of americas Space Shuttle program. And joining us again is valerie neal. We saw you just a moment ago in the tape portion. You are the curator, the chair of the Space History Department here at the museum. And lets talk about the shuttle program. No other country had Something Like that. Well, briefly, the soviet union did. They built a craft called buran that mimicked our Space Shuttle. But it was several years later. They flew one test flight and then retired it. They didnt really have a need for a shuttle craft. But they were very worried about what we might use ours for. And they thought they should have one too, just in case. But really, in the annals of space history, the u. S. Space shuttle is unique. Its the only operational
Barclays is prepared to pay that price. We wanted to be treated fairly. The ceo of deutsche bank, john cryan, refuses to rule out the need more more capital but says he is comfortable after a hefty legal bill to the doj. Ive been in there role before. It remains to be seen what those uncertainties are for us. Wilbur ross stokes the trade war fire, branding china the most protectionist major economy in the world. We talk about the president elects plan to dismantle nato with the secretary gem. And ready to take off. Shares in Zodiac Aerospace takes off after safran agrees to buy them for 9 billion. A warm welcome to street signs. We are talking banks this morning. Let me start with the top story, thats barclays in focus. Barclays is one European Bank yet to reach a settlement with the department of justice over the misselling of Mortgage Backed securities ahead of the final crisis. Cnbc spoke to the ceo, je jes staley. We believe the banks need to atone for mistakes and transgressions.
E that theyce peopl should delete they should lead the race. Donald trump has arrived in washington, d. C. , where he will be sworn in as the 45th president of. The United States at around noon local time tomorrow he arrived on the military playing with his wife melania and his family. Dozens of democratic lawmakers will be boycotting the event. Opposition marchers will take place. It comes as confirmation hearings for members of the trumpp administration continue. For the latest, we go to our correspondent, philip crowther. How are things shaping up ahead of tomorrows events . The First Official events will be happening at the lincoln memorial, one of the most emblematic sites in washington dc. This is where a concert will be held a little bit later tonight. Some acts have started already. This is also where president elect trump and his Vice President ial choice mike pence will be giving short speeches. The first day of carefully planned events. Donald trump, for example, went for a