Corporate funding is provided by mutual of america designing customized individual and Group Retirement products. Thats why we are your retirement company. Additional support is provided by and by the corporation for public broadcasting and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios in Lincoln Center in new york, hari sreenivasan. Sreenivasan good evening. Thanks for joining us. Attorney general eric holder today ordered federal authorities to perform an independent autopsy of 18year old michael brown. The unarmed black youth was killing by a white Police Officer eight days ago, touching off a wave of clashes between demonstrators and police. Overnight, seven people were arrested by police after a small group of protesters defied the midnight to 5 00 a. M. Curfew that had been imposed hours earlier. Police used smoke and later tear gas grenades to try to disperse the protesters. Authorities said a police car had been shot at but n
The s p 500 hit a new record, points away from the 2,000 milestone and the blue chip dow closed above the key 17,000 level for the first time in a month. The mood on wall street was positive as investors and market pros are feeling confident that the Federal Reserve chair janet yellen will continue to call for low Interest Rates tomorrow when she addresses policy makers in wyoming. More on that in a moment. Adding to the upbeat mood, a bach of encouraging news about the u. S. Economy. Fewer americans filed unemployment claims. Existing home sales rose more than expected and a key report on factory activity came in stronger than forecasted. Here is look at the closing numbers, the dow added 60, nasdaq up 5. 5 and nasdaq closed at the new record of 1992. The rising market has rekindled the debate over whats the best way to invest. Use a low Cost Index Fund that basically matches the market or try to beat it over time by hiring an active fund manager. Well, it appears the people have spok
Conflict and the escalating tensions in iraq. Good news, right . Not for many investors, theyre puzzled before how and why stocks can keep going up, avoiding the correction that so many have predicted after a fiveyear bull run. With political turmoil and Economic Uncertainty all around the world. The rise in equities has confounded the experts. Heres how the major averages ended todays session. The dow rose 16 points, the nasdaq up 30 and the s p 500 added five points. Unnatural, thats how Mark Luschini describes the stock market that hasnt experienced a 10 pull back in three years. So would investors be on firmer footing if there had been a wicked selloff or two . Mark luschini joins us now as well as jack abalon. Mark, let me start with you. Do we need a pullback nor the market really to be healthy . I dont think we need a pullback, tyler, at least not in that vein. Certainly like many i would welcome one, i think it would reenergize equity investorers. Theres no law that says we hav
Conflict and the escalating tensions in iraq. Good news, right . Not for many investors, theyre puzzled before how and why stocks can keep going up, avoiding the correction that so many have predicted after a fiveyear bull run. With political turmoil and Economic Uncertainty all around the world. The rise in equities has confounded the experts. Heres how the major averages ended todays session. The dow rose 16 points, the nasdaq up 30 and the s p 500 added five points. Unnatural, thats how Mark Luschini describes the stock market that hasnt experienced a 10 pull back in three years. So would investors be on firmer footing if there had been a wicked selloff or two . Mark luschini joins us now as well as jack abalon. Mark, let me start with you. Do we need a pullback nor the market really to be healthy . I dont think we need a pullback, tyler, at least not in that vein. Certainly like many i would welcome one, i think it would reenergize equity investorers. Theres no law that says we hav
Theres a saying around here you stand behind what you say. Around here, we dont make excuses, we make commitments. And when you cant live up to them, you own up and make it right. Some people think the kind of accountability that thrives on so many streets in this country has gone missing in the places where its needed most. But i know youll still find it, when you know where to look. Rose additional funding provided by and by bloomberg. A provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose we remember Robin Williams this evening. He was my friend and he was a friend of this program. He came to this table often. Nobody on the planet could be so spontaneous, so improvisational, so smart as Robin Williams. Simply stated, there was no one like him. In a league of giants think letterman and carson and so many more in television and standup and film he was a unique giant, so