Telling cnbc we may not need the type of tax cuts being proposed. We have those details coming up. And a major deal in the media space. Maybe youve heard about it. It brings together bbetter home gardens and people magazines, Meredith Buying Time Inc for nearly 2 billion. Will this pave the way for more deals especially in the media sector where theyve been trying to get them done we have that coming up in a little bit. First, our top story today, the cyber monday surge amazon shares hitting yet another alltime high today. Courtney reagan joins us from an Amazon Fulfillment Center in robbinsville, new jersey, with the very are you packaging anything and sending it off as well reporter no, no, im not allowed to touch anything, so i will not be touching anyones packages dont you worry about it amazons prime day, bill, actually still Reigns Supreme at least as far as we know for its biggest day on record. Last year on cyber monday, amazon shipped 64 million items worldwide. Thats what was
Equities staged an aggressive comeback. Dow jones rose to 16,492 and nasdaq gained 128 and s p 500 up 48. For the blue chip dow index, its the 12th triple digit move in the last 14 trading days since august 19th. There have been only two sessions with moves up or down less than 100 points. Its all of those big wild white knuckled swings that have put investors on edge, but not all of them. The most respected and influential investor of our time, warren buffett, isnt worried about this market. Thats what he said about becky quick who spoke to him in new york city and said up days are nice but down days are better and he gets to buy what he likes at a cheaper price. Im no good on whats going on in markets. I have no idea what will happen tomorrow or next week and sometimes they get very volatile like this and sometimes they put you to sleep. But the important thing is where they are going to be in five or ten years and im confident they will be considerably higher in ten years and i have
Equities staged an aggressive comeback. Dow jones rose to 16,492 and nasdaq gained 128 and s p 500 up 48. For the blue chip dow index, its the 12th triple digit move in the last 14 trading days since august 19th. There have been only two sessions with moves up or down less than 100 points. Its all of those big wild white knuckled swings that have put investors on edge, but not all of them. The most respected and influential investor of our time, warren buffett, isnt worried about this market. Thats what he said about becky quick who spoke to him in new york city and said up days are nice but down days are better and he gets to buy what he likes at a cheaper price. Im no good on whats going on in markets. I have no idea what will happen tomorrow or next week and sometimes they get very volatile like this and sometimes they put you to sleep. But the important thing is where they are going to be in five or ten years and im confident they will be considerably higher in ten years and i have
Equities staged an aggressive comeback. Dow jones rose to 16,492 and nasdaq gained 128 and s p 500 up 48. For the blue chip dow index, its the 12th triple digit move in the last 14 trading days since august 19th. There have been only two sessions with moves up or down less than 100 points. Its all of those big wild white knuckled swings that have put investors on edge, but not all of them. The most respected and influential investor of our time, warren buffett, isnt worried about this market. Thats what he said about becky quick who spoke to him in new york city and said up days are nice but down days are better and he gets to buy what he likes at a cheaper price. Im no good on whats going on in markets. I have no idea what will happen tomorrow or next week and sometimes they get very volatile like this and sometimes they put you to sleep. But the important thing is where they are going to be in five or ten years and im confident they will be considerably higher in ten years and i have
For allegedly opening up customer accounts without consent, forging signatures. I mean is your identity safe anywhere . Well look at that story coming up a little bit. The rally continues on wall street today. I mean in this you know after we saw what happened, bill, with the fed, the 300point move we had after the fed decision to taper, you know the aftermath still remains pretty solid. Were adding another 70 points on that index today. The dow was 97 at its peak today, light volume. As we always say, can you make money light or heavy volume, or lose money at the same time. It still reveals a bias. The bias appears to buy the index. The s p 500 adding almost ten points at this hour. The nasdaq strongest performer of the day. Take a look at some components of facebook in particular as its added to the s p 500. Up better than 5 . That index again, sitting about 1827. Lets talk to our Closing Bell Exchange gang joe tanney dick from Rmb Capital Management joe duran, hes also by the way, t