The dow has been up seven sessions in a row. S p is up six out of the last seven sessions you are talking the highest closes since late july overnight in asia, the sang high deposit was closed for a public holiday. The hang seng up almost 1 in europe, it looks like now most of those markets are in the green, one exception is the ftse down by about. 1 . If you check out treasury yields in the united states, another big story is what happens to the yields some of that movement started after treasury secretary told us that Treasury Department is looking seriously at the idea of a 50year bond for some time next year. Right now, the 30 year is yielding 2. 28 i saw him later in washington and he started talking about 100year bond for the next consideration. Did you prepare for seeing him by watching the interview we conducted . I did thats why i decided to take the 50 and up theante and ask him about 100. To beat the record, he would have to serve 13 years see, i knew it were you talking abo
Yesterday markets didnt hold on to the morning gains. The markets down for the fifth day in a row. You can see things picking up this morning with the dow futures up by 85 points. S p futures up by 11 and nasdaq up by 37. Flat yesterday . Down by about five points for the dow. Yeah. Lets tell you about some stocks to watch. Barely down but ended down for five days in a row. You know the dow is one thing. Comcast was up. I just happened to see it. Not that it matters. A couple of stocks to watch. Intel with better than expected Quarterly Results. Growth in its Data Center Business that helped offset demand for pcs that used the companys chips. Well talk to an analyst about all of that. Also netflix shares are up sharply. Company adding more subscribers than forecast in the latest quarter helped by overseas expansion and that stock rocketed yesterday afternoon and ebay nearing a deal to sell their Enterprise Business for about 900 million. Theyre lead by mara and sterling is in there and
It is Market Makers on Bloomberg Television. I am Olivia Sterns in for stephanie. I am thrilled to be here. The emmys are on tonight. There is a great big canada story in the news. Data could be a huge story. If tim horton gets taken over once again by an American Burger chain. It is about the Housing Market. New july homes are in. We have an on extent did unexpected drop. In july they actually fell 2. 4 . Decline inecond as many months. Analysts and economists we surveyed were expecting an increase to 430,000. It this 412,000 is the fewest since march. This is the lower than the lowest estimate. The Housing Market is recovering in fits and starts. I am just looking. U. S. Stocks continue to rally higher. We are at the best levels of the day. The s p 500 is one point away from reaching 2000. Dampenedto not have anything. This is a disappointing read on housing. Scarlet fu with the latest on the Housing Market. These the top business stories around the world. It will be tougher to make
This is americas number one Financial News program. On the money. Now maria bartiromo. Here is a look at whats making news. A surprising and sharp increase in the number of jobs created last month. Labor Department Says the economy added 204,000 jobs in the month of october well above expectations and in spite of the twoweek shutdown. Unemployment rose to 7. 3 and the numbers from previous months were revised upward. That set the markets higher on fridays open, one day of a triple digit loss for the dow industrials. The most eagerly waited ipo, the initial Public Offering since facebook started trading. Twitter soared to 45, a 70 increase from where the ipo was priced at 26 a share. All went smoothly at the new york stock exchange. A contrast to the problems facebook had on the nasdaq. Broadest measure of the size and strength of americas economy came in. It measured 2. 8 . That was well above the 2 expected. The best reading in two years. Gasoline prices have been tumbling. The averag
The mon of october well abo exctations and in spite of the twoweek shutdown. Unemployment re to 7. 3 and the numbers from previous months were revid upward. The most early wted ipo, e initial public offing since facebook starte trading. It soared to 75. A 70 increase to whereit was priced at 26 share. All went smoothly at the new york stock exchange. A contras to the oblems faceok had on the nasdaq. E Third Quarter gdp measured2. 8 . That wasell above the 2 excted. The best ading in two years. Gasoline prices haveeen tumbling. The average aroun 3. 25 and in some areas below 3. The reason, u. S. Oil production is boong and the middle east iselatively stable. A busy wk forhe maets new record. E big ipo and the jobrert. What does it mean for your money . Joining now is larry kantor and nathan bachrach. Good to see you. Thank you. It was pretty good week. The jobs report on friday, big surprise. 204,000 jobs created f the month giventhe Government Shutdown the expectations were so w. Unemp