Week. Volume was light. Stocks overcame news around midday eastern time of a mass shooting in and around a major Shopping Mall in munich, germany. By early evening in the u. S. , police there said at least eight were dead. The whereabouts of the gunman or gunmen was unknown. German officials suspect a terror attack. In a world where this sort of news has become disturbingly routine investors held firm to their buying bias. The blue chip index up to 18570 and the s p 500 closed up 9 to a record of 2175. For the week, all of the major indexes finished higher. So whats been driving the market higher . And is there more room to run . Its a question investors are asking and mike centoli looks for answers. Five major arguments have been playing out in the markets favor. Can they all continue to carry stocks higher . The first rationale for the rally, that the economy and corporate earnings are getting better, the u. S. Economy has been improving across retail sales and industrial production.
Positive economic reports week. Volume was light. Stocks overcame news around midday eastern time of a mass shooting in and around a major Shopping Mall in munich, germany. By early evening in the u. S. , police there said at least eight were dead. The whereabouts of the gunman or gunmen was unknown. German officials suspect a terror attack. In a world where this sort of news has become disturbingly routine investors held firm to their buying bias. The blue chip index up to 18570 and the s p 500 closed up 9 to a record of 2175. For the week, all of the major indexes finished higher. So whats been driving the market higher . And is there more room to run . Its a question investors are asking and mike centoli looks for answers. Five major arguments have been playing out in the markets favor. Can they all continue to carry stocks higher . The first rationale for the rally, that the economy and corporate earnings are getting better, the u. S. Economy has been improving across retail sales
The pound higher. So we are less than 30 minutes away from the European Equity open. It is friday morning. Let me tell you what bloomberg is pointing us to. Lets show you the wti function. You that not all lot is going to happen this morning. We are looking at a fairly flat story. Not much happening on the equity front. It has been an interesting week. A lot of down days followed by a positive session yesterday. Lets show you exactly what is. Appening i think what you can take away is the dollar is backing up a little bit. A little bit of a move on the ,pside for the dollar index which has suffered so much this week. That is a story we will spend a little bit of time talking about. Dollar, oil, a combination of what is happening in the commodity sector. Iron ore, gas, wti trading higher. E had wti trading up the dollar index is rising. Lets get the bloomberg first word news with christine harvey. Christine thanks, guy. John williams says he is for hiking rates and doing it soon. He war
[church bells] [church bells] [church bells] the bells go back as late as 1681 as the bells toll across paris, france. Hans nichols gives us perspective this morning from a different part of paris. This is an Ongoing Investigation with two men at large the 18yearold turned himself in over night. Where are we right now in finding these two killers . [applause] good morning, there are local reports im outside the offices of charliehebdo. In the northeast of france there are reports that the two remaining outstanding suspects the two brothers that they have been spotted at a gas station in the northeast of france close to the belgian border. Overnight, theyre pictures were released of there has been a nationwide manhunt and this is still very much a search that is ongoing. At the same time, there is a search on a cultural level for answers that perhaps that there might not be easy solutions for this. How does france heal and out as france integrate its population and how do they move on f
Ibx. Com. Yes heres Andrew Wenger played the ball in, and Vincent Nogueira bounces on it. Makes no mistake. Keeps it low. You only get one crack at this. That is great play by nogueira. Yes. Well, we will chat now with a rookie goal keeper who made his Major League Soccer debut. John mccarthey in your own word what was your debut like today. Im totally so happy. I really cant describe it. I really cant. The city had our backs. We gave them a win. I know how it feels to be a philly fan. We want a winning team that is for sure. John, were you nervous at the start and if so when did those nerves go away. To be honest, i was than the. I want to play on the biggest stage. I want to get a chance f i cant get a chance at this level. The guys supported me. It was great great. John, peter congrats on the first win. Is this peter papas. Dude, i looked up to you as a kid. Wow. Well, you are well beyond that congratulations on your first win. It took you a little while to get your first touch with