Tonight on nightly Business Report on wednesday, december 4th. Good evening, everyone, and happy eve. Yes, im bill griffith. Wishing you a happy holiday. Tyler mathison is off today. We did have a record breaking session on wall street. But just barely this time as the dow did edge to a fresh closing high. With the markets closing early ahead of the holiday, stocks faded into the close ending mixed and little change. Heres how the major averages ended. This quiet dayen on the street. You see that the dow was up six points, was much stronger than that earlier. Any positive close, though, good enough for a record high. Its the sixth strai weve seen for the dow. The nasdaq was up eight points when all said and done, but the s p snapped a fiveday winning stre, losing a fraction of a point on the close. In the widely followed energy markets, a rising u. S. Dollar and a sizable jump in u. S. Crude inventories sent Oil Prices Lower today. Unused u. S. Stockpiles rose by 5 1 2 Million Barrels
Tonight on nightly Business Report on wednesday, december 4th. Good evening, everyone, and happy eve. Yes, im bill griffith. Wishing you a happy holiday. Tyler mathison is off today. We did have a record breaking session on wall street. But just barely this time as the dow did edge to a fresh closing high. With the markets closing early ahead of the holiday, stocks faded into the close ending mixed and little change. Heres how the major averages ended. This quiet dayen on the street. You see that the dow was up six points, was much stronger than that earlier. Any positive close, though, good enough for a record high. Its the sixth strai weve seen for the dow. The nasdaq was up eight points when all said and done, but the s p snapped a fiveday winning stre, losing a fraction of a point on the close. In the widely followed energy markets, a rising u. S. Dollar and a sizable jump in u. S. Crude inventories sent Oil Prices Lower today. Unused u. S. Stockpiles rose by 5 1 2 Million Barrels
Six more arrests on u. S. Soil all young men determined to join isis overseas. Two in minnesota, four in san diego, each somaliamericans, 21 years old and under. Their contact was not a master recruiter but a friend who successfully left minnesota to fight along isis in syria. They were not confused young men. They were not easily influenced. These are focused men who are intent on joining a terrorist organization by any means possible. Whoo that case shows is that the person radicalizing your son, your brother your friend, may not be a stringer stranger. Is may be their best friend right here in town. Melissa here with me now, our very own Charlie Gasparino todd lonski and todd starnes. I talk with people in the Tech Industry they say theyre eager to cooperate with authorities to monitor this type of thing. The government is so disjointed where you go, and could be working closer together. That is really the thing that unifies all the different groups and all the people were looking f
Flee the chaos of muslim north america. Meanwhile, stocks up. China says its going to stimulate with lots of cash. You know investors like that. And furious 7, more than a billion dollars made worldwide. 250 million from china. Varney company is about to begin. Ashley well, check out the big board and thank china thats stimulating its economy by, well, what else . Printing more money. What a great idea. Certainly boosting stocks here, the dow up 2k5 9 points 259 points, pretty much erasing the losses from friday. Meanwhile, hasbro is a winner. It makes its money these days not from toys so much as licensing movie characters. It has frozennen, thats a winner right there, but it also will have the star wars characters from the upcoming movie series. Need we say more . Oil, meantime, has been moving higher. You know what that means its up 1. 15 at 56. 89 that means gas prices going up overnight to 2. 45. Well, to your daily terror update. Six arrested in minnesota and california in connec
More fallout and reaction to our exclusive interview with billionaire investor Stan Druckenmiller. His critical comments about ibm prompting bill miller another famed investor to take to twitter in defense of big blue. We will show you what both said and hash out who may be right. Two very smart guys two very different opinions on ibm. And later today weve got tony robbins, his first book is out in nearly 20 years. Its all about money and gaining Financial Freedom, which by the way, coincidentally the same thing cnbc and this show is all about, but tony robbins will be here at the New York Stock Exchange later on closing bell. A lot coming up. Here is where we stand. An hour to go to the close. The dow is off 89 points. Weak session across the board. Earlier today it looked like a mirror image of the gains we saw yesterday. A couple of differing reasons as to why that may be going on. Maybe just some profit taking. A banner day yesterday with the nasdaq closing above 5,000. Today at th