Frontrunners at both parties. They aim to take back momentum. Donald trump and Hillary Clinton need not worry, not only win new york but to dominate in the empire state. As promised trump is out with the new nickname for Hillary Clinton. Critics say it is not one of his best. You can judge for yourself. I thought it was pretty good. You will hear more on the campaign trail. Lets go to lori rothman on floor of new york stock exchange. What is driving stocks today . Melissa, what stubborn resistance at the 18,000 mark. I think it crossed the mark Something Like 40 times. We did close above 18,000 for first time really in quite a while. The driver was oil and earnings. You have oil coming down. Real interesting oil, energy, material stocks were among the leaders in the session today. As you know oil and stocks have been moving in tandem. Were starting to see that separate that is key. Cheap oil looking better for economic growth. We can go on with that debate. Oil was really a driver. It
Just getting some pmi data on euroacturing for the area and the figure is 51. 7, a slight uptick from the earlier 51. 5. 51. 7 showing the Manufacturing Industry is expanding. Any number above 50 shows expansion. Economycourse is an that grew 0. 6 in the last quarter. Still, inflation is a bit of an issue. Lets get to the bloomberg first word news desk. Nejra halliburton and baker hughes have called off their 28 billion merger, citing challenging regulatory conditions. The proposed union between the oil Service Firms admit antitrust resistance in the u. S. And europe. Halliburton must pay a termination fee of 3. 5 billion. Puerto rico will default on a 420 million bond payment today, escalating the biggest crisis ever in the 3. 7 trillion municipal debt market. The governor warned the itsrnment would miss obligation, saying the commonwealth needs to focus on providing essential services. Investors hold 900 million of its debt. Creditors would accept a potential haircut according to the
Sreenivasan plus, beyonceas drops her latest album lemonade, and the artist continues on to write her own rules. O we examine her path. All that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. My bnsf, the engine that connects us. Fathom travel. Carnival corporations small ship line. Offering seven day cruises tong three cities in cuba. Exploring the culture, cuisine and Historic Sites through itse, people. More at fathom. Org. Lincoln financial committed to helping you take large of your financial future. And the william and flora hewlett foundation, helping people build immeasurably better lives. Supported by the rockefeller foundation. Promoting the wellbeing of humanity around the world by building resilience and inclusive economies. More at bti rockefellerfoundation. Orgotma and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by
Drops her latest album lemonade, and the artist continues on to write her own rules. O we examine her path. All that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. My bnsf, the engine that connects us. Fathom travel. Carnival corporations small ship line. Offering seven day cruises tong three cities in cuba. Exploring the culture, cuisine and Historic Sites through itse, people. More at fathom. Org. Lincoln financial committed to helping you take large of your financial future. And the william and flora hewlett foundation, helping people build immeasurably better lives. Supported by the rockefeller foundation. Promoting the wellbeing of humanity around the world by building resilience and inclusive economies. More at bti rockefellerfoundation. Orgotma and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs s
Museums and historic sites. History book shelf. The best known American History writers. The presidency looking at the policies and legacies of our nations commanders in chief. Lectures in history with top College Professors delving into americas past. Hour new series real america featuring archival government and educational films from the 1930s through the 70s. Cspan three. Created by the cable t skrrks industry and funded by your local cable or satellite provider. Liesk us on facebook and follow us on twitter. President obama delivers his state of the Union Address on tuesday, january 20th to a joint session of congress. Now American History tv looks back to 1975 and president jerald r. Fords state of the union speech which was dlifed eddelivered five months. He told the congress that he didnt expect much applause because as he said, quote ive got bad news. He detailed the opportunity ricountrys economic and energy woes blaming in part the ever increasing government benefits. He urg