burrwell having served in president obama s white house. well, the bulls are running on wall street. stock rally has pushed the dow jones industrial average to a near record high closing 14,089 on friday and now less than 1% away from its all time high set back in october of 2007. hitting the old high would signal an amazing recovery for stocks, more than four years after the recession rocked our economy. so can the run continue? what would drive it? what does it mean for your personal 401(k)? senior business correspondent and anchor of bulls and bears, brenda buttner has more, brenda? harris, the sequester is officially on, but wall street shrugging it off. a-okay for your 401(k). the dow less than 1% away from its all time high and broader market part of your retirement plan a record, too, 3% away from its highs. and the bulls have been running hard for a while. blue chips up 115% from their crash low some four years ago,
improvements in the debt crisis in europe. dow is up nearly 7% since the start of this year and is about 1% from the record close of 14,164. that was recorded in october of 2007. a great day for your 401-k. years before the 2010 gulf disaster, british newspapers reported tony hayward said his company was being too cautious. a court heard what he had to say after his company dumped millions of gallons of oil into the water. that is next. plus, more signs that the white house may be leaving the sidelines in theory and walking right onto the field. does that mean military intervention? that is coming up. [ male announcer ] how do you measure happiness?
stocks are inching dloe inio their all-time high. the dow now just 1% away from its record high set back in october of 2007. what has investors so encouraged? you re in the seat of where folks talk a lot about faith. on wall street, there s faith that even as the clock ticks down to the sequester, those deals, those cuts that have to be taken that wall street will pull off a showdown to avoid that mandatory spending cut deadline. in the meantime, sales today were also in line and looked pretty good. we got good data out of europe. then there s the big deal. ge is the best performing component today after the industrial giant struck a deal with parent company comcast to sell its stake in nbc universal for over $16.5 billion. ge will use some of the cash to
chris wallace. bill: here s something you haven t seen for years. the dow industrials, the 30 stocks among that group, just crossed 14,000 a moment ago. they come back a little bit here. martha: they cheated you though. they took away the opportunity to see the big 14 on the screen. bill: trust me, a moment ago it was 14,. here is what i want to tell you about that. the last time we saw that, trading above 14,000, was october of 2007. there is survey that came out of the u.s. manufacturing activity rises strongly in january on new orders and increased hiring. that is the alert from the app. they remind the news we got hour and a half ago, the news on unemployment at 7.9%. we were at 7.8. we ticked up a point to 7.9. you can probably look and find good news and look and find bad news throughout this economy. the jobs market is still crucial as we point out. not enough americans working. martha: the stock market
his border agent, if you see people crossing the border, unless they are breaking the law, hurting someone, killing someone, bringing drugs over, look the other way? there are two aspects here. the border patrol has the primary responsibility on the border. it s the i.c.e. agents who have the primary responsibility inside the interior of the country. and that s where so many problems have occurred. all right. we are going to leave it there. senator jeff sessions, thank you. we got your picture back. thank you, though. thank you. check this out. the dow closing in on 14,000. we haven t been this high since october of 2007. if it crosses, we will let you know. no gotcha questions here. critics asking, what is softer today, steve crost s interview with barack obama and hillary clinton or his defense of it. have you to hear this to believe