Were going to tell you about the new drug trial results weighing on that company today. Guess how it went. Well, it went well for someone else yeah. Exactly. Box office blues Movie Theater stocks are getting crushed again today. Six superheroes cant even save those shares being very opaque here but well explain coming up in a little bit. First, breaking news, just this afternoon on fed chair janet yellen, our dom chu has more on the story. All right, so guys, Federal Reserve chairman janet yellen will be leaving the fed completely in february and this is what some fed observers say is no real surprise. Fed chair yellens term as chairman expires in february we know this and President Trump has already made his pick to be the next fed head thats current fed governor Jerome Powell, of course, pending confirmation by the senate there had been some speculation around the notion, perhaps, yellen would maintain a presence on the fed board of governors since her term adds a governor of the cen
Whole market. Sandra this is a blue rally. All the dow points that we are seeing, it is a winning quarter and that really made the dow move up. Sandra by the way, david, google, today up more than 20, 5 on this trading session. That is certainly helping out the trading session. The s p 500 looking to settle just below 1500. Up a couple of points. The nasdaq very dependent on apple, right now up 10 points, the russell 2000 however moving the opposite direction finishing lower for the day. David what happened to the russell 2000 . Oil falling from a fourmonth high in the day down about 1. 5 at 95. 23 per barrel. A lot of people are not crying about that news but crude fell after they cut the Global Growth forecast. Also the pipeline was reduced. Sandra wall street are trend followers. The gold miners are seeing a move to the downside led by shares reporting Gold Production that fell well below analyst expectations, the group was down by poor guidance from one of the competitors. David re
Temu, a Chinese-owned shopping app targeting US consumers, has become a key factor driving strong revenue growth for its parent PDD, which briefly overtook rival Alibaba in market value.