Consequences. Through 15,000, gaining 60 in the past five trading sessions. We hear from howard davies, who called the whole bitcoin surge in rational exuberance. That . Er we are about 30 minutes into the trading day. That is one reason bitcoin is so appealing. We see the slow and steady gains on equity markets and other traditional assets. The bitcoin rise is something different. We are seeing gains on the stock market. Industrials, energy, and materials. Industrials, energy, and materials have been leading those gains as we have sessions little changed in the past several days. Overall, not necessarily that large. They are larger and larger, potentially. Take a look at the correlations here. Back several years. You can see the loosening correlations. Less frequently in lockstep, which may lockstep, which may open up more opportunities for folks who called himself call themselves stock pickers, individual companies that will give them outperformance. We will keep tracking these are t
We are live in Atlantic City. But we head to the floor of the new york Stock Exchange, Nicole Petallides. Theres some green on the screen. What have you got for us . Reporter i enjoyed watching some of that gambling video, looks like fun. All up arrows. No record on the dow, no record on the s p today. I know youre used to me saying it, but not yet or not today. But for the nasdaq youve got the record, okay . 4,017, a new intraday record that we havent seen since the year 2000. All three have up arrows, the nasdaq up onehalf of 1 . The vixx, the fear indeck, pulling back a little bit. Lets take a look at some names that are hitting new highs, right . I said no record highs on the dow, but you do have on the nasdaq. Walmart and nike, these are dow components that hit highs, American Express and also travelers, macys not a dow component. New highs also some others worth noting, Southwest Airlines hit a high, pulled back. Well watch that, obviously, as people are trying to get where they
This hour of markets now. Connell governor christie wrapping up a news conference, so we are ready to go on markets now. Dagen you were treating last night. Connell people staring at these devices. We will talk that in a minute. Now to the market first of all before we get through any of that, Nicole Petallides, good morning. Nicole good morning, connell and taken. We started off with a very tough job this morning, less than anticipated coupled with Participation Rate, the challenges of 1977. The economy is not as good as people thought it was. The dow is in the negative territory right now. 16,014. The nasdaq higher slightly. Most of the names have down arrows, some squeezing out some gains. Take a look at intercepts, pharma up 300 . On a Liver Disease drug, tacking on further gains. Back to you. Dagen the jobs report last month was terrible. People were expected the fewest number we have seen in less than three years. The Unemployment Rate did fall to lowest since october, 2008. That
12,000, Government Cut their teen thousand mainly in local education jobs, sectors that hired last month include retail up 55,000, no surprise given the Holiday Shopping season, attempt agencies added 40,000 workers and manufacturers added 9,000. Ashley the markets climbing from the lows of the day but still in the red. Lets head to the floor of the stock exchange, Nicole Petallides. Kind obama mixed reaction to this jobs report. Nicole you get the jobs report and there was nothing great about it. It wouldnt have been great if we added more jobs and the Labor Force Participation rate showed improvement. It did not do that so it brought uncertainty to the moment, the economy is not as good as we had hoped. That said the dow jones industrials, 16,400 down 41 points and the nasdaq lower, the s p virtually flat at the moment and also watching other names overall, looking at the indices for the week, the nasdaq and the s p look like they will squeeze out some gains but not the dow. The dow
Revenue of 1 million per day. In the eventual scrutiny received from the department of justice which shut it down in 2011. This program is about 40 minutes. Good afternoon, thank you all for joining us and thank you all watching on booktv on cspan2, you are joining billions around the world. When they asked me to come here and interview ben mezrich had jumped at the chance. He is one of my favorite people in the literary world. A lot of you know the film based on his books as well as his books, the accidental billionaires became the social network, bringing down the house became 21 and you title the book sex on the moon because you knew they would never change that title for a film. The book we are talking about who dealt their way to a billiondollar online poker empireand how it all came crashing down. About how a few Enterprising Program players created an empire sort of. I want to begin by drawing your attention to for my many the greatest author jacket photo since hemingway, right