What grade would you give to president obama . We learned were down to 1 growth rate. Hillary clinton gives him a a, were wrapping up the big stocks of the year. And watch at the tech stocks go. Varney company is about to begin. All right where are we going at the opening bell . 28 1 2 minutes from now . Were going up a little bit. Were going to go up about 30, maybe 40 points, know the a bad way to start the day. Remember, this is the last trading day of the month and october was terrific for stocks. The dow industrials have gained almost 2000 points. We saw that out of 16 k and now were close to 18 k. What a month. Higher profit at linked in and got more money coming in. Theyre going to open much higher, maybe a gain of what would that be . Trying to do the math. 14, 15 linkedin going up. Gas, 2. 18 the national average, but nine states under 2 a gallon. Im going to jersey this afternoon to buy gas, i want 1. 75. Scott shellady. Not today. My way the introducing Scott Shellady in the
In fact, stocks just logged their best month. Not just october but any month in four years. The dow and s p 500 gaining more than 8 for the month while the nasdaq surged nearly 9 1 2 . Investors attributed the big runup to mostly Solid Earnings reports and easy Monetary Policy from Central Banks around the world. As for today the Dow Jones Industrial average fell 92 points to 17,663. The nasdaq fell 20, and the s p 500 off 10. An 8 move in the dow in october is a relatively rare event, and that begs the question what now . Does this set up the market for a run into the rest of 2015 or will the rally turn into a pumpkin . Dominick chu takes a look. Reporter it may or may not be hard to believe but were now just two months away from capping off one of the more eventful years for the stock market in recent memory. And the up trend, though, could continue. According to Market Data Firm kensho, before this year theres only been four times since 1980 when the month of october has gained more
In fact, stocks just logged their best month. Not just october but any month in four years. The dow and s p 500 gaining more than 8 for the month while the nasdaq surged nearly 9 1 2 . Investors attributed the big runup to mostly Solid Earnings reports and easy Monetary Policy from Central Banks around the world. As for today the Dow Jones Industrial average fell 92 points to 17,663. The nasdaq fell 20, and the s p 500 off 10. An 8 move in the dow in october is a relatively rare event, and that begs the question what now . Does this set up the market for a run into the rest of 2015 or will the rally turn into a pumpkin . Dominick chu takes a look. Reporter it may or may not be hard to believe but were now just two months away from capping off one of the more eventful years for the stock market in recent memory. And the up trend, though, could continue. According to Market Data Firm kensho, before this year theres only been four times since 1980 when the month of october has gained more
In fact, stocks just logged their best month. Not just october but any month in four years. The dow and s p 500 gaining more than 8 for the month while the nasdaq surged nearly 9 1 2 . Investors attributed the big runup to mostly Solid Earnings reports and easy Monetary Policy from Central Banks around the world. As for today the Dow Jones Industrial average fell 92 points to 17,663. The nasdaq fell 20, and the s p 500 off 10. An 8 move in the dow in october is a relatively rare event, and that begs the question what now . Does this set up the market for a run into the rest of 2015 or will the rally turn into a pumpkin . Dominick chu takes a look. Reporter it may or may not be hard to believe but were now just two months away from capping off one of the more eventful years for the stock market in recent memory. And the up trend, though, could continue. According to Market Data Firm kensho, before this year theres only been four times since 1980 when the month of october has gained more
The shine off. Europe higher, the price of brent getting relief. Back home, november cpi with a two handle year on year. Hat fed hit its target ahead of tomorrows decision . Anticipation from the markets. The feds twoday meeting starts today. Tomorrow is the highly anticipated announcement, will they or wont they . Shares of qualcomm are up in the premarket on news they will not break into two. And apples losses continue, one of the key suppliers slashing guidance today. First up, todays the day the fed kicks off the twoday policy meeting. Many expecting it to end with the first rate hike in nearly a decade. Futures are off their highs of the morning after 3m cuts its current year guidance. Oil giving up gains as well, wti hovering around 36 a barrel. Interestingly, the opec secretarygeneral says that low prices cant continue, and they reiterate their guidance that they think nonopec supply will come off next year. Definitely will. A lot of this junk bond scenario that we talk about in