August, september. S p 500 now on track for its best month in four years. It has now turned positive for the year. The nasdaq closed today at a twomonth high, back above 5,000. And the Dow Jones Industrial average notched a 2 1 2 gain just this week. It seems like all those big worries that consume the market like china, earnings, and the Federal Reserve, they dont seem all that big after all. At least for now. Today the blue chip index rose 157 points to 17,646. Nasdaq gained triple 1s. 111. Mostly on those strong tech earnings we told you about last night. And the s p 500 added a double deuce. 22. As for the week, all of the major indexes saw gains of at least 2 . And todays rally started with a surprise. An announcement from the Chinese Central Bank. Eunice yoon has the details from beijing. Reporter the Chinese Central Bank cut Interest Rates by 25 basis points and reduced the reserve requirement ratio at the banks by 50 basis points. On state radio the chinese premier said that th
August, september. S p 500 now on track for its best month in four years. It has now turned positive for the year. The nasdaq closed today at a twomonth high, back above 5,000. And the Dow Jones Industrial average notched a 2 1 2 gain just this week. It seems like all those big worries that consume the market like china, earnings, and the Federal Reserve, they dont seem all that big after all. At least for now. Today the blue chip index rose 157 points to 17,646. Nasdaq gained triple 1s. 111. Mostly on those strong tech earnings we told you about last night. And the s p 500 added a double deuce. 22. As for the week, all of the major indexes saw gains of at least 2 . And todays rally started with a surprise. An announcement from the Chinese Central Bank. Eunice yoon has the details from beijing. Reporter the Chinese Central Bank cut Interest Rates by 25 basis points and reduced the reserve requirement ratio at the banks by 50 basis points. On state radio the chinese premier said that th
August, september. S p 500 now on track for its best month in four years. It has now turned positive for the year. The nasdaq closed today at a twomonth high, back above 5,000. And the Dow Jones Industrial average notched a 2 1 2 gain just this week. It seems like all those big worries that consume the market like china, earnings, and the Federal Reserve, they dont seem all that big after all. At least for now. Today the blue chip index rose 157 points to 17,646. Nasdaq gained triple 1s. 111. Mostly on those strong tech earnings we told you about last night. And the s p 500 added a double deuce. 22. As for the week, all of the major indexes saw gains of at least 2 . And todays rally started with a surprise. An announcement from the Chinese Central Bank. Eunice yoon has the details from beijing. Reporter the Chinese Central Bank cut Interest Rates by 25 basis points and reduced the reserve requirement ratio at the banks by 50 basis points. On state radio the chinese premier said that th
Country, and that is why what is going on in mali is such big news here in paris and in france. Here back in paris the french Prime Minister is announced that the death toll has risen to 130 from 129 in fridays deadly attacks. This morning paris police met with members of parliament to discuss Security Issues and one member of Parliament Told us the list of topics they talked about. The whole list of very difficult issues ranging from the protection of schools to public transportation, protection of water systems. Theres great concern for what they call soft targets. Lets bring in from the financial times, the paris bureau chief. Good to have you here. The attack in mali today. How is this seen as being connected to friday nights attacks here in paris . Theres a sense that its connected because its only one week after the attacks here in paris but also because france has had such an active role in chasing after the terrorists. As you said, its one of the first big military operations t
So for any investors, what is left to buy. I think amazon is a buy. And i think it still goes higher. A think google, called alphabet, i think that is in great shape. I think that goes higherme. And i love the way netflix is performing. David is talking about that one. I think that is breaking out and will continue to go up. The performance of the market leaves me scratching my head but the resilience in those stocks is something to behold. So the theory is buy what has been working . That is one way. We talk about the narrow breath, the fang stocks and other stocks. Lets take a ge or a boeing, those are the areas i would look toward. The others will do well. But the defense stocks an the industrial like a ge, where you get 2 or 3 dividend and they havent quite made new highs. So that is where i like to look. I would go General Electric and i think that is left to buy. Agree with guy. And the market is pricingism see you have to be in growth names. People are searching for growth and t