Us who say there are still stocks worth buying at these levels. Well tell you which ones coming up. The dow is up nearly 9 . The russell up nearly 15 . These are the kinds of numbers that make for a great year. With the feds decision tomorrow we look at whether investors are paying more attention. By the way, in case you havent heard the ceo of exxon mobil has been chosen by donald trump as next secretary of state. We are wondering what that move could mean for the future of the oil giant coming up later this hour. Lets start with dows run at 20,000 and nasdaqs push into record territory. Bob pisani is tracking action on the floor of the Stock Exchange and Courtney Reagan is at the Nasdaq Market site for us. Talking about this rotation. November industrials, materials and banks giving way now to new sectors of the company like consumer names. There is nike up nearly 2 . Didnt have a great november but doing pretty well now. Drug stocks, swing around to the right and let me show you her
Increase production to meet demand. Roadmap begins with shares of gap falling hard after the retailer reported slumping sales, stocks down more than 40 over the past year. Could it be time to buy . Allergan is on the move this after the companys Earnings Report and announcement of a 10 billion Share Buyback program. What is behind this big move . Well discuss. And valeants new ceo joe papa joined jim on mad money last night. Well see what he had to say about generating cash and buffetts right hand man charlie munger. Gap poised to open at fouryear lows on the companys fifth Quarterly Sales decline. Comps down 5 . The retailer also issuing some disappointing Profit Guidance for q1 saying its looking to streamline some operations and evaluate banana and old navy primarily outside of north america. Old navy down 10, gap down 4, banana down 7. We were looking for increases in some of these comps. Yeah, this is just one of those cases where this is part of this overall we have way too many
I find it a bit surprising he digit contact me. Crude clings on to gains afteren erratic session yesterday. The top firm is cutting 7 of its work force. Bp shares in the green after a u. S. Judge rules its liable for spilling less oil in the gulf than alleged. Its maximum mine will be 4 billion lower. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Quickly going to bring you flashes firstly out of the iea whose report on the oil market has come out and said how low the markets fall will be is anybodys guess. Macroeconomic weakness continues to strain Global Oil Demand growth. Prices do not be seeming to stimulate demand just yet. Stocks are rising to their widest surplus versus the five year average since august 2010. Well bring you a discussion on oil in the next 20 minutes or so. One other flash in the last five minutes is the greek Government Bond yields have risen 40 basis points to 9. 5. The three year has risen 137 basis points to 1. 11. 7. Tw
We bring you the results. Welcome to countdown. I am mark orton. Mark barton. We bring you the conversation you will not want to miss. Caroline it is a decisive week for greece and the greek minister begins with a visit to merkel. It is the second meeting in five days between the leaders. They failed to reach a deal last week at the european leader summit. 4 mark we will go to berlin shortly. The big story is taking place and there is a week of National Mourning. Five decades guiding the city. Tell us a bit about the the reaction to the mood. The news of his death is difficult to process for many. He was in Critical Condition for several days. The government kept the nation updated and was preparing for the eventuality. Until last night, young and old showed affection for the founding father. Many gathered at the hospital. Social media had an outpouring of condolences and tributes came from around the world. They knowledge the huge loss. The minister called him one of the greatest lead
Welcome to countdown. I am mark barton. To russia positive richest man. He is now in berlin after giving a pardon from president putin. He spent more than 10 years in prison. He was released in a deal with Angela Merkel. Good morning. For khodoweekend rovsky walking into the first first scoffers and more than a decade after leaving his status the most popular print prisoner as becoming the most famous exile. He was received like a rockstar. Breaking between cameraman jockeying for vantage. I have not ever seen pandemonium alike in this. Did he come out fighting said he would take aim at Vladimir Putin . White the opposite. He said he does not get into politics. Quite the opposite. Tohe said he does not want get into politics. He said he will be a voice for Political Prisoners across the world. He said he does not think people should boycott of the winter on memphis. I spoke them a little bit. I asked him what he would advise. In the Winter Olympics. I spoke to him a little bit. He was