Is back and sop of the biggest returns are coming in just one segment of the market. We have that and more tonight on nightly Business Report for this friday, october 18th. Good evening everyone and welcome. Stocks end an exhausting up and down but mostly up week with some impressive gains and another alltime closinghe s p google shares have gone where few stocks have ever gone before breaking through the 1,000 a share barrier, the stock closed at 1,011, up 14 after blowout profits profits we reported yesterday. Google is the top Search Engine and yahoo and youtube powers smart phones but there is a lot more to the company and where it sees growth in the future. Jon fortt has more on google and what is next. A banner day for google and the company has the most impressive day of trading ever rising more than 13 and closing above 1,000 per share. The last time it rose that much, 2008, a rough year for stocks when a few good days offset a year and the stock lost half the value. Todays tra
Is back and sop of the biggest returns are coming in just one segment of the market. We have that and more tonight on nightly Business Report for this friday, october 18th. Good evening everyone and welcome. Stocks end an exhausting up and down but mostly up week with some impressive gains and another alltime closinghe s p google shares have gone where few stocks have ever gone before breaking through the 1,000 a share barrier, the stock closed at 1,011, up 14 after blowout profits profits we reported yesterday. Google is the top Search Engine and yahoo and youtube powers smart phones but there is a lot more to the company and where it sees growth in the future. Jon fortt has more on google and what is next. A banner day for google and the company has the most impressive day of trading ever rising more than 13 and closing above 1,000 per share. The last time it rose that much, 2008, a rough year for stocks when a few good days offset a year and the stock lost half the value. Todays tra
Tepid, why are stocks growing. Fixing, and reselling homes is back and sop of the biggest returns are coming in just one segment of the market. We have that and more tonight on nightly Business Report for this friday, october 18th. Good evening everyone and welcome. Stocks end an exhausting up and down but mostly up week with some impressive gains and another alltime closinghe s p google shares have gone where few stocks have ever gone before breaking through the 1,000 a share barrier, the stock closed at 1,011, up 14 after blowout profits profits we reported yesterday. Google is the top Search Engine and yahoo and youtube powers smart phones but there is a lot more to the company and where it sees growth in the future. Jon fortt has more on google and what is next. A banner day for google and the company has the most impressive day of trading ever rising more than 13 and closing above 1,000 per share. The last time it rose that much, 2008, a rough year for stocks when a few good days
Tenyear eeled reacting to a ppi number that did run a bit hot, first rise in a few months and europe in the green at least for now. Our roadmap begins with a cnbc exclusive. With both apple and china mobile ceos, apple shares rising in early trade on the tech giants new deal with china mobile. Bank of america reporting betterthanexpected Fourth Quarter results. And as new ceo mary barr takes the helm, gm expecting pretax profits to rise modestly this year but margins remain flat until 2015 on the back of news that the automaker will pay its first Quarterly Dividend in almost six years. And elon musk taking on the government for the proper term for teslas fixes. First up, though, apple shares rising in the premarket on optimism surrounding the companys deal on china mobile. Tim cook saying it will help bolster sales in the Biggest Smartphone market and china mobiles chairman said the agreement will entail various cooperative ventures and will not be limited to iphones. Cnbc spoke exclus
Strength of the market. I often feel the averages can be misleading. The averages always play a ole in thinking about the power of the move. But its how the market rallies. What stocks make up the advance and why they are advancing that really makes a difference for this guy. First, yes, i care about the direction of the averages. Provided that the wealth in the averages is spread across many different sectors. Remember, there are good rallies and badle rallies. The house of pain. House of pleasure. A good rally has many sectors rising with with good leadership. A house of pain rally is led by stocks representing one or two sectors as was the case in the runup to the financial crisis with the miners, minerals, oils and fertilizerers stocks leading the advance. Thats an unholy group of generals that cant get the job done. More reason to sell, sell, sell. Than to buy, buy, buy. The more the merry and the stronger the rally. That made me excited today. Until today a group was with left be