Plus whats nations two biggest home financiers are doing now to make it easier for you to get a mortgage . First, though, lets check in with sue on the recordsetting day. It sure is. Its kind of a slow and steady march higher. The rally is moving on. As you mentioned, hitting 1900 for the first time ever. Here are the numbers you need to now. Dow jones industrial average up about 21 points. S p 500 is just below that 1900 mark, up about a tenth of a percent. Nasdaq composite is negative by almost a quarter of a , a look at the yield on the tenyear note. We will see that the yield last time i checked was. Theres the comparison. Well get you the yield in a couple minutes, 2. 614 . Thank goods in for the ticker. As you can see. Dominic chu is here with me. Kind of quiet lirks a slow and steady move. I just got done with a conversation, speaking with art cashin. He says its interesting to watch the action today, specifically in two parts of the market. One is the nasdaq composite. One is t
To win south africas general election. The president urges voters to exercise their democratic right. Among the rights that we have is one of the most important rights. To vote. And i hope all people will do so. And whats likely to be the biggest share sale in history. The chinese internet giant alibaba files documents for stock market flotation in new york. Hello, everyone. We begin with the latest stage of political turmoil still engulfing thailand. The Prime Minister Yingluck Shinawatra has resigned. She was ordered to stand down by the countrys Constitutional Court. It found her guilty of abusing her how power. She also violated the constitution. The court said she must resign. Her supporters describe this decision as a judicial coup. The court ruled she acted illegally when she transferred her National Security adviser in 2011. Nine of her cabinet members are also implicated. They are resigning, too. Yingluck shinawatra is the first female Prime Minister. Shes sister of the exiled
Blockbuster retail sales in the uk, strongest in a decade. We begin with retail, moving the markets. Luxury outperforming again as tiffany and burberry top estimates. Target slashes its forecast. The good news, sales were not the disaster that some were expecting. Bulls hate it, bears hate it, a pullback in the market. Its a great market if you have a bit longer than half an hour to invest. Plus break out the shopping list. Google revealing it plans to spend billions overseas and the reason for optimism. Jims exclusive with sales force ceo. Why it is the canary in the coal mine. First up, tiffany did report better than expected numbers as profits jumped 50 on strong global sales. The companys raising its guidance for the year. Then theres lowes backing its outlook despite weaker than expected q1 earnings as Severe Weather did hurt the stores. We will talk about target, too. Lets get to tiffany. 97 cents crushes 78 cents. I love this quarter. This is about really all the globe with the
We were down three out of the last four days. Going away. Isnt it tuesday, or wednesday already . This is tuesday. Actually an update. A down day so far. Were off the lows of the session right now, but this could be nothing if you believe david leonard, and he says its overvaluations from the market and the headline in his column use the word bubble, and it lays out why stocks are expensive once again and david will join us to make his case on that. Yes. That is coming up. One stock that isnt nearly as expensive as it was at the end of the year is twitter. Its getting hammered today, down more than 10 . Just a few months ago, again, trading above 70 a share. Now around 32 and sinking 16 today, so what is going on with twitter. The lockup ended. Yes, indeed. Well find out for you. Talk a little bit more about who the sellers are and if theres any more value. We have a fleury of major earnings coming out in about an hour that could move the markets for tomorrow. Disney is the biggest of
Dead. Snch is it a bird or a drone . Flying robots from the animal kingdom. A day after staging a mill at a coup in thailand, the countrys army chief has moved to strengthen his power. Hes declared himself Prime Minister. Hell hold a meter later with the king of thailand. Hes summoned yingluck sin shinawatra and her closest followers. On the second day of the coup, the former Prime Minister was summoned. The army ordered them to attend a meeting here or face arrest and said they could not leave the country. Its a worrying thing of course from the armys point of view. They want to prevent the establishment of form of opposition over seas or exile government internally. They are going to crack down. In another key step to assert control, troops took down the protest camps of proand antigovernment groups campaigning for months. The the military seems determined to prevent opposition to the coup even though the takeover has been condemned by thailands most important allies. The secretary o