U. S. Output, is finally picking up. Growths domestic product expanded in the third quarter, ending september 30th at an annual rate of 3. 2 , its strongest growth in two years, held by solid consumer spending. Corporate profits rebounded for a Third Straight quarter. Separately, there was a surge in Consumer Confidence this month. Index rose to a nineyear high and expectations for the next six months were the most optimistic since june of last year. Later this week comes the jobs report, which most economists think will show a nation at or close to full employment. The bottom line, the u. S. Economy for all the campaign trail handwringing is a far cry from where it stood when the white house last changed occupants. And thats not all. Home prices at the National Level are higher than ever before. Diana olick takes a look at that key pillar. Home price gains gaining and just hit a new record. The muchwatched s p caseshiller National Home price index surpassed its last peak, which was in
U. S. Output, is finally picking up. Growths domestic product expanded in the third quarter, ending september 30th at an annual rate of 3. 2 , its strongest growth in two years, held by solid consumer spending. Corporate profits rebounded for a Third Straight quarter. Separately, there was a surge in Consumer Confidence this month. Index rose to a nineyear high and expectations for the next six months were the most optimistic since june of last year. Later this week comes the jobs report, which most economists think will show a nation at or close to full employment. The bottom line, the u. S. Economy for all the campaign trail handwringing is a far cry from where it stood when the white house last changed occupants. And thats not all. Home prices at the National Level are higher than ever before. Diana olick takes a look at that key pillar. Home price gains gaining and just hit a new record. The muchwatched s p caseshiller National Home price index surpassed its last peak, which was in
Happy friday. Welcome to Worldwide Exchange. Im sara eisen. And im wilfred frost. Very good good morning to you from me as well. And lets get you up to speed with the market. Bouncing back pretty confidently around the world. Were up about half a . The s p up 8. 5, the nasdaq up 23. Yesterday we were down abo about. 5 . Wednesday banks the strong performers when talk aft the fed rate hike first appeared. Yesterday strangely utilities were the best performers. So clearly confidence off the rate hike slightly dissipated. Today were called higher by 70 points. A bit of movement once again on the 10 year note. Treasuries heading for their first weekly loss in a month. The global market, overnight in asia. Green on the screen. The yen weakening which helps japan. Out makers in particular. Shanghai ending up as well. Still extending another weekly loss, thats five in a row europe opened up strong. The euro stocks opened with a 1 gain and were seeing that continue in the early session. The ge
Catch and release, building the wall and having mexico pay for it. The media hated the mexico trip in the arizona speech as well. A circus as the Washington Post xenophobic, same old tripe, the lining of a cows stomach. The duplicity of donald trump just political gymnastics. And hillary stayed home and she treated diplomacy isnt as easy as it looks. Now look at this. The new fox poll. More goodness for trump in a fourway split is now statistically tied headtohead with just hillary. Hes narrowed the gap by four points. Thursday, september 1st, the new trump marches on. Same old, same old hillary and we havent even mentioned the latest email revelation. Varney company is about to begin. Stuart you are looking live at the podium were moments from now donald trump will address the American Legion. Really address that same audience yesterday and in its entirety, hearst beach was totally an attack on donald trump. That was yesterday. Waiting for trump today. Last night in arizona, donald tr
And, of course, we are just six days away from the popes visit to philadelphia. Were live on the parkway, where preparations continue this morning. Plus, a important deadline for resident, something you need to know, especially, if you live here in the city. Today is sunday, september 20th, good morning to you, so glad youre with us, im nicole brewer. It is 7 01 right now. We send it over to kai l man, about to be fall, and it is starting to feel like it, which is kind of nice. It is. Think about it, papal visit. Wont it be nice we dont have to worry about people having heat strokes, dehydration . Right . Nice. Temperatures down, i think that will help, you know, with all of the mass that is are coming to see that. Adorable, a doable pope. How cute was that messuage. He sounds like olds italian oh, sweet old grant pa. All excited for his visit, no doubt about it. Lets talk about this next week. We will be entering fall ready or not here it come. Girls you an i had ooh owe, by september