Chevron saw shares fall after seeing a drop sharp fall. And by the close the Dow Jones Industrial average gains 183 points to 18024 and the nasdaq rose 64 and the s p 500 tacked on 23 points. The nasdaq was down the most almost 2 . And later on our market guest will what is best for stocks and which names he is recommending right now. And the detroit big three all came out with strong sales for app having to drive the sentiment on wall street. April sales up 6 and march up about 5 . Why trucks are key to the automakers. Pardon the may on words, but bigger was big at auto dealerships last month. Trucks suvs and cross overs, almost everything with more space was in greater demand than cars last month. For example, gm had the best month ever moves cross overutility vehicles. And good morning boosted auto sales. With gas still selling at modest prices buyers continue to pass on electric models. Volt prepares for a new volt this year. And demand for the nissan leaf also lagged. And in a sig
Of its own. We have a lot of stories to get to this cyber money. Have you bought something online today . Fess up. There was a browser open to lord taylor open when i got back. Just happened to be. It wasnt me. Someone upstairs was looking around. They were among the other 3100 people expected to buy something online today. Were tracking real time cyber monday numbers from ibm. Well look at Retail Stocks that could be the biggest winners from this Holiday Season. Thats right. Amazon, speaking of which, is channelling the ghost of christmas future as ceo sees drones delivering presents. How would he ever get government approval to use air space in this way . Some d. C. Insiders say he might have an ace up his sleeve. Its fascinating. You missed that report last night, but that is the jetsons coming for real here. To watch these drones. My question is, if i buy a drone from amazon does it deliver itself . That would be a drone delivering a drone. Like a 3d printer that prints in 3d. A na
Its debt. We are three days from potentially hitting the debt ceiling, a move one bank ceo says would be a very rapidly spreading, fatal disease. We are on the grown in washington with the latest details. The deadlock in washington is weighing on stocks today. We are counting you down to the market open 30 minutes from now. Netflix coming to a cable box near you. A new report says the streaming Video Service is in talk with cable providers and shares of netflix are higher in the premarket. Still, no agreement on ending the Government Shutdown. Now in the 14th day. Nor on raising the debt ceiling. The biggest leaders in banking sounding the alarm at the International Institute of finan finance conference in washington. I was a moderator at that event. Jamie dimon painted a pretty bleak picture of what could happen. As you get closer, the panic will set in and something will happen. I dont know periodically when that problem starts. Deutsche bank says his company has been making continge
Part of the screen. The uss kidd is heading to the indian ocean as this search expands into those waters. The search area is absolutely vast. Several times the size of the continental United States. Almost a week in, there is no wreckage, no debris, no electronic signals and continuing confusion from the malaysian authorities, were joined by the cia Operations Officer in that area. General motors the top corporate story of the day, the stock seeing its worst week in three years. Now safety Watchdog Group says 303 deaths have been linked to the 1. 6 million vehicles recalled for ignition problems. The group says the air bags failed to work. Gm has dismissed those claims. These deaths are on top of 12 linked to the ignition switch problems. Stock is up 0. 50 throughout 34 so this is a crisis. A very big test for gms new chief who spent her entire career at General Motors. You have done a lot of reporting at gm. Granted, she has gotten a rotten hand dealt to her as she comes into the top
Take a look at europe. Whats happening across the pond this morning. More green than red right now. At well, you got about 3 1 2 hours or so before the european markets closed. And the roadmap starts with the markets. Stocks set to open higher this morning after posting a nice gain at the close yesterday but the one thing you really need to be watching this morning is the move in gold. Plus, earnings at nike beating the street but the stock slipping during trading thus far. Were going to break down the numbers and tell you exactly why the stock is moving that way. And ecking of earnings tiffany is slipping on weakerthanexpected results in the latest quarter, so why is the companys ceo touting record sales . Well, we have some answers. We also have breaking news this morning on the fed. Steve liesman is in washington with those details. Good morning, steve. Reporter scott, good morning. The minneapolis fed president who is out with an explanation of the dissent that is the very dovish.