All right, america, youre so money and dont even know it, maybe you do because your Stock Investments hitting record highs yet again. Look behind me, all three major indexes higher for a fourth straight day you see, mr. President , somebody is talking asht ining about it. Surprise one of the big winners this week, ge, up 6 in the last five kays were going to chat with an analyst sthat says the beaten u ge could go 50 higher from here check out other movers this hour, cvs health, xilinx, underarmour, up, leading the s p 500. Welcome, everybody, im Tyler Mathisen we kick off the day with the jobs report, first of the new year payrolls for december missing the mark the jobless rate hitting a 17year low. Wages rising not blowout pace, but nice Steve Liesman in philadelphia breaking down the numbers and looking at what it all means for rate hikes this year steve reporter hey, tyler, thanks. Yeah, it was a weaker than expected jobs report, but economists said it didnt really change their vie
Thank you, lieutenant sanford. It is a pleasure serving with you. We appreciate everything you are doing and you and sandy and the sacrifices youre making. I pressure staying close to watford, your kids. I cant even get through the first line. This guy is amazing. As a dad, partner, cfo, exactly what state needs right now and is a key part to what we got done this last year. [ applause ] governing is team effort and there are three branches of government and we are well represented here today. We have 4 of the 5 Supreme Court justices that serve our state here today. Including the chief justice, longest serving justice in history of north dakota. But lets honor our judicial court, if you guys could stand. And be recognized. [ applause ] we have a fabulous turnout of state legislator from across the state. They have driven from all over. They serve all of you, not just when they are in session, but all yearround. If we could have our state senators and representatives here today please
But we still saw a higher climbed by the end of the day. That run is continuing here. It is being fueled in part by earnings we have been seeing, being fueled in part by higher rates. It is a positive week for the s p 500. In fact, not just this week, but it has been on a sixweek run of gains. Some of the game, as you can see, have been modest. This is the longest streak we have seen in about three years. A streak of weekly gains that we have seen in about three years for the s p 500. Some of the movers we are watching today include materials companies, Building Materials specifically. We have seen lumber prices and prices for other types of Building Materials rise recently. We also have existing home sales data today that came in ahead of estimates. Mark arrieta of Eagle Materials , eaglein marietta materials, and Vulcan Materials companys dating today. Proctor and gamble is leading the way downwards, after the company came out with numbers that sales beat forecasts, but numbers met e
An International Childrens agency said that they are refugeewith squalid camps in bangladesh. One in five children in the area is acutely malnourished. Global news 24 hours a day, powered by more than 2700 journalists and sin more than 120 countries. I am mark crumpton. This is bloomberg. Julia live from bloomberg World Headquarters in new york, i am julia chatterley. Scarlet i am scarlet fu. Joe and i am joe weisenthal. Julia we are looking at six straight weeks of weekly gains. Joe but the question is Bloomberg Markets whatd you miss . Ourlet we will speak with guest talking about Big Data Analytics from wall street. Illinoiss governor will join us in an hour to discuss how he is developing an education to entrepreneurship project and how that could get amazons attention. Julia happy friday. Whatd you miss . Momentuma theory that investing can produce severe your returns, but does it work in practice . The chairman of research noneiates says that outperform the benchmarks, and he joi
A delayed tax bill gop leadership in the white house putting off an announcement on tax reform as wrangling over how to pay for it continues. And tech is back on capitol hill for their role in the 2016 election and russias role we want to bring you up to speed on yesterdays deadly terror attack. Contessa brewer is in Lower Manhattan for us reporter good morning. Investigators are looking to see whether the suspected attacker had scouted this area in particular ahead of time or was he familiar with it because he was an uber driver Sayfullo Saipov left a note inside that rented home depot truck proclaiming isis lives forever in arabic. It was a home depot truck that he rented in new jersey. Investigators found at least one knife in the truck Law Enforcement believe saipov acted alone mowing down cyclists and pedestrians for 20 blocks. Its a very popular park path. And it ended, this attack, with a crash into a school bus very close to the World Trade Center near an elite Public High Scho