Auto along El Camino Real in san mateo at least who sets of keys were stolen along 40 sets of car keys and two vehicles and another nearby dealership targeted, as well. San mateo Police Arrested two men identified as 18yearold Moufassa Haulcy and 19yearold mark questions banks. They are only tied to the burglaries at tracks auto and theft of two vehicles at brand motors also here in san mateo, police are now looking to see if they could be connected to a series of other car thefts in san jose, santa clara and also belmont. As we first told you here on kpix 5 news on monday, this Surveillance Video caught criminals in action at the formula 1 dealership in san jose and San Jose Police are now investigating that incident. They are not concerned with getting caught. So these crooks are probably, you know, pros. They probably have done this more than once. And again, maybe the idea that maybe theyre not from the area. Reporter now, the m. O. Of the criminals is to break into the key boxes a
No funk for the consumer. Targeted at 6 billion, snap chat with 0 billion in revenue, raising a new height this morning. Facebooks first downgrade since march of this year, and the growth will slow in 2015. For the first time, the targets open with the s p above 2,000 coming off the 30th record close of the year and dow hit new intraday highs in tuesday session, and nasdaq at a fresh 14 and a half year high, up 4. 5 . Interesting action so far. We have a cease fire in gaza, meeting how the geopolitical story reversed and markets like that. Lack of news is good news for the market. The bullish momentum continues. Milestone after milestone, but momentum is a keyword to talk about and whether it continues the 30th record close for stocks . The action is in the currency market. Overnight, the year row hit the lowest level in a year, ramped up hopes, right, simon, for more action and weak Economic Data fuelling the fire. I think one. Most interesting barometers this morning is the major rig
Economy. Zell not so much. And investor lynn tilton is with us live this hour. She just filed a suit against the s. E. C. Shes fighting back saying fraud charges levelled against her are absolutely false. We begin now with the American Labor market. Traders and investors positioning themselves for fridays employment report but could they be setting themselves up for a bit of a shock . Steve liesman is here to explain. Explain, stevie. Yeah mandy. There has been a lot of worrisome Economic Data these past few weeks and this morning that raises questions about the friday jobs report. Let me show you what im talking about. The adp data 189,000 coming in below the prior one and below the estimate of 225. The ism Manufacturing Survey coming in again below the estimate, below the prior, and inside that ism report wills an employment component asking manufacturers how theyre doing hiring coming in at 50. Thats the lowest since may 2013. Here are the negatives as we get ready for the friday jo
Earnings from fedex, lennar, 2014 guidance as well. And then europe responding to the strongest german Business Confidence in 20 months. The biggest decline in u. K. Unemployment in 13 years. Our road map begins with anticipation waiting to see if todays fed announcement will include the t word, taper. Quarterly results from fedex missed estimates but the company boosting fullyear guidance. Analyd going public, amc. After the fed wraps up its twoday meeting this afternoon, investors will learn whether policy makers will wind down on the Economic Data. Complete coverage of the fed announcement and the chairmans News Conference on cnbc this afternoon, begins at 2 00 p. M. Eastern time. Jim, are you ready . Yeah. There is if youre the fed, you got to tough job. I am getting so many people sending me, jim, tell the fed i mean, tell the fed. Okay, fed. What do you want me to tell them . Its the holiday time, dont ruin our year . That is not exactly what bernanke is focused on or yellen. The
Eastern time. And in europe some markets have already closed early. The nikkei did hit 15,000 briefly for the first time in six years. Our road map begins with Holiday Cheer for the market. It might sound like a broken record but once again stocks set to open at fresh highs. Today is another important day for retail. Some stores are staying open for as much as 100 hours straight to try to take advantage of the late rush. But with new data showing a drop in sales, will those extra hours be enough to boost holiday totals . And what was the most important story for your money . Its not over yet but weve got that answer for you. And were joined by Dennis Berman, Business Editor and columnist at the wall street journal. The bulls are in a pretty jolly move this Christmas Eve, nasdaq closing at its highest level in more than 13 years, all three major averages posting their strongest fourday winning streaks in over two months. For more on this record market rally, lets bring in paul hickey, c