Our road map begins with the global stock rally, rolling on dow 25,000 within striking distance that winter storm crippling the eastern u. S. Thousands of flights have been canceled and shares of macys are in focus, as the retailer announces some fresh store closures. We are close to a major milestone on the street. The dow is within 78 points of 25k. Thats a day after another recordsetting session for stocks this would be the fastest thousandpoint surge in history. We know about the law of large numbers, but were talking a little more than 30 days one day, its actually going to be in the front page. You know, look, other than the president s tweets about it, you really dont no ones really focused on this. Theyre more focused on bitcoin, tesla. This is remarkable last night i did a piece where i had to stick my hands into the cake because its not baked in so i think we blow through the number the only thing in my sights that may be negative is that we are going to get a trade decision
10year at 2. 44. Our roadmap begins with Unemployment Holding steady at the 17year low. Futures point to new records of the open apples chip response confirming its products are vulnerable to that security flaw and the Corporate Tax response, bonuses on the way at jetblue and billion plus q4 earnings hit over at Morgan Stanley december nonfarm payroll growth missed forecast, we still saw 2. 1 million jobs added in 17. Average hourly opens up 2. 5 from a year ago labor force, unchanged, a lot of discussion of the amazon effect, whats happening to retail. I think so, i was disappointed obviously you want more jobs and more people to be hired to get a little increase in wage. But this is whats happening i spoke to Planet Fitness yesterday, Interesting Company i i. Theres a lot more people who work at the sears and kmart than there are Planet Fitness and thats the old and new economy canting amazon and sears being wrecked by ham zon. In retail, warehousing up 30k, couriers, up 19k. Isnt it
Dont expect much in the way of damage. We significant amounts of snow too. You can see heading towards geyserville, thats the leading edge of the wet weather. The heaviest rain is up to the north. Heading out this afternoon . Oh, its going to be poor because of the rain spreading south. Window closing if you want to get outside to exercise in the dry weather. Dangerous in the sierra after 5 00. As far as the commute goes, theres going to be ponding. Its poor. Caution needed. Take the umbrella. You may get wet on mass transit, and Small Craft Advisory for the bay because its welt and windy there. How much rain will we get . Thats coming up. Developing news coming down in the last 90 minutes. The former sports doctor accused of molesting 150 girls and women learned his fate. The judge told him hell spend the next 40 to 175 years in prison. [ applause ] you can hear it. That courtroom in michigan erupting in applause after the sentence was handed down after days of emotional victim testim
We want to welcome our viewers in the United States and around the world. Im wolf blitzer. And youre in the situation room. Announcer this is cnn breaking news. Were following breaking news on the anticipated request by President Trumps testimony for President Trumps testimony and special counsel Robert Muellers investigation. Sources with knowledge of the matter tell cnn mr. Trumps lawyers are preparing for muellers team to request an interview with the president and theyre looking for ways to limit the scope of the questioning. That as the president makes experiences at national and atlanta tonight, the white house denying a report his official workday has been starting later so he can spend more time watching tv and tweeting. Mr. Trump and his allies are waging a campaign to defend his Mental Fitness. The president tweeting he is a very stable genius, and quote, like really smart. Also breaking the white house says it welcomes a potential 2020 challenge by Oprah Winfrey. Exploding a
Paul manafort, then campaign chair, and Jared Kushner. That meeting actually happened about two months before steve bannon actually joined the campaign. So steve bannon now telling the author, michael wolf, in that soontobereleased book, fire and fury, saying this about the meeting in addition, theyre going to crack don jr. Like an egg on national tv. Very harsh words there. Also calling it treasonous, unpatriotic. Now, of course, don jr. Has said that he took the meeting as someone new to politics. He said as a business man, you take about every meeting that presents itself. And he said he also viewed it as getting opposition research. But of course, bannon there hitting back hard on that defense. Also, steve bannon in this book says that in the end, he believes this investigation will come down to one thing. He put it this way. He said, this is all about Money Laundering. He said, mueller chose senior prosecutor Andrew Weismann first and he is a Money Laundering guy. Their path to bl