Greece. Our road map begins with retailers hoping that online holiday sales click on this sibler monday. Will they make up for the thanksgiving weekend seeing shoppers spend less than a year ago. Lots of business around amazons Package Delivery via drones. Another month in the books. Well explore whether the trend is likely to continue in december. A number of wall street firms initiate cover of twitter. Well have details on the caller later in the program. First up, welcome to cyber monday, the day that online sales surge following the thanksgiving weekend. Retailers hope that makes up for the Holiday Weekend. The National Retail federation says total spending fell 2. 9 compared to a year ago, the first decline, guys, in seven years. How concerning is it . Well, look. I think that this omnichannel has taken off. I dont classic example. I dont know a lot of people went to the mall. You can say its A Groucho Marx thing. Everyone is there so they dont want to go. I went to amazon. I orde
People may be cheering about. Lets look at futures. You can see it is a positive response to this after initially the market was selling off just a bit. No taper of the taper perhaps. Lets take a look at the tenyear talking about taper and qe. You can see not much change there either. And over in europe a reaction, not a reaction, how is the day working out . Well, pretty well after what has been generally a positive week for the various markets in europe. All right. Lets get to that jobs number itself, of course, and talk about it, jim. You know, Market Reaction now seems to be positive. Dont know what thats playing off of. Maybe the tiny tick up in the Participation Rate after being down more or less for decades it would seem. I dont know. When you listen to the coverage that we were hearing before on squawk, mr. Dortmund spoke and cvs and said the traffics not there because of the weather and the weather was the worst nationwide since 1977. Now, typically youve notes a ter ri asteri
Turning to political strife in the ukraine. Cyber reports driven by mobile and holiday data continues to trickle in. An upgrade in acquisition and reports in china mobile all amounting to a rise in apple shares. And shipments expected to fall by double digits this year, the most severe contraction on record. And some food for thought as news from yum brands and krispy disappoint. Comscore says shoppers have already spent about 20 billion online this year, up 3 . Ibm also saying some pretty eye popping figures saying both mobile traffic and mobile sales came in at more than 40 higher from a year ago. The data just continues to add up regarding the strn of mobien mobile, jim. I reiterate this is an apple Holiday Season. Dont want to get too focused on apple. Thats the metaphor. Seems like people want to buy phones and buy tablets. The pc numbers are dreadful. On the Hewlett Packard Conference Call, they know they got to ramp up tablet. They know it but theyre more focused on the commerci
About 15,700 to be in the green for the week. We are well in that territory right now with this 140point gain. And why are stocks higher with another anemic jobs report . Is the street discounting the number due to the bad weather weve had . Is it betting janet yellen will taper the taper because the economy isnt where it needs to be . Well get a team of top minds making sense of all this including former chair of the White House Council of economic advise errs cris errs christina. And smash burger expanding across the ghuntcountry in a bi. Why they have confidence to grow and create more jobs when others are seeing red flags. Lets recap where we stand as we head into the final hour of trade. The dow up 140 points at 15,771. That leaves it in positive territory for the week. Take a look at the nasdaq, up 60 points to 4117. And finally the s p 500, pretty strong rally adding 20 points. Its now 1,793. So here we go. Final hour of trading in what has been a very volatile week. Joining us
Of its own. We have a lot of stories to get to this cyber money. Have you bought something online today . Fess up. There was a browser open to lord taylor open when i got back. Just happened to be. It wasnt me. Someone upstairs was looking around. They were among the other 3100 people expected to buy something online today. Were tracking real time cyber monday numbers from ibm. Well look at Retail Stocks that could be the biggest winners from this Holiday Season. Thats right. Amazon, speaking of which, is channelling the ghost of christmas future as ceo sees drones delivering presents. How would he ever get government approval to use air space in this way . Some d. C. Insiders say he might have an ace up his sleeve. Its fascinating. You missed that report last night, but that is the jetsons coming for real here. To watch these drones. My question is, if i buy a drone from amazon does it deliver itself . That would be a drone delivering a drone. Like a 3d printer that prints in 3d. A na