wall street s fear gauge, the vix index, surging. the highest level since the election now. and money flooding into so-called safe havens like gold and bonds. still, the markets had a few dips this year. mostly ignoring headlines, rising instead on a solid economy, big corporate profits. even with the latest drop, i want to show the three major stock market averages. they re still up at least 8%. the nasdaq still up something like 15% so far this year. it s friday, my fear index, way down. i can tell you exactly that the stock market s going to close at 4:00 p.m. today. wow. you re amazing. a twist in the acoustic attack on u.s. personnel in cuba. could covert devices have been used inside the homes of americans in havana? we will get into that coming up. as chief everything officer, lynne smith, gets ready to launch the school year. binders, done. super-cool notebooks, done. laptop setup, done. that s mom taking care of business. but who takes care of mom?
for months, stocks have coasted to record highs. now investors showing signs of caution. for example, goemld, a typical safe haven, at a two-month high. washington s fear gauge up 21%. the vix has been trading at historically low levels. and the u.s. dollar down 8% this year. north korea isn t the only catalyst for caution. companies released disappointing earnings reports this week. overall, corporate profits remain strong this season. 2017 is on track from the strongest profit growth in six years. all three stock market averages are still up by double digits this year. defense stocks, by the way, had a big boost yesterday as the broader market fell. shares of lockheed martin and raytheon, among others, hit record highs. you saw energy and the defense stocks yesterday as tensions rose with north korea. i ll have a fear gauge installed in me. fear gauge. the state department believes several of its
and even that number came down slightly. average hourly earnings also rose. you re looking at from this time last year, you re being paid about 2.5% more. not a huge amount but, hey, moving in the right direction. workweek also rose. the average workweek for most american workers is 34.4 hours. lot of stats. look for this report monday along with positive corporate earnings, sandra, to really give the market a shot in the arm as we get past that french election. sandra: i suppose i would ask, based on this looking like such a strong jobs report, analysts are giving this a thumbs up. then you look at the market and the dow. only up about 17 points. but it s still sitting at very lofty levels, right? still up there near record highs for the u.s. stock market averages. yeah. in fact, we are looking at gains for the entire week. modest gains, but gains nonetheless. you ve got a market share that s
value of $24 billion. he was offered three. likely worth $24 billion. making it the biggest tech ipo since facebook. he ll start trading this morning at the new york stock exchange. snap is not yet profitable. this often happens, a great idea but doesn t make any money. lost $500 million. recently launched glasses that shoot video called spectacles. all three major stock market averages have never been higher. the dow crushing it, crushing 21,000, hitting that park for the first time ever. i want you to look at this stat. since the election the stock market has added $2.7 trillion in value. companies and shareholders are getting very rich. the presidential sounding speech fueling the rally plus new optimism the fed will raise rates in two weeks. that will boost profits for the big banks. alisyn. i don t understand valuation of snapchat. thank goodness you re here to
capitalism. you will find some deals here on cyber monday. i ll taell you if there are any good ones. all of the major stock market averages record highs. we have a check on cnn money stream next. ( ) come on, dad. ( ) they tell me i m wrong to want to stand alongside my, my love whoa, talkin bout my love talkin bout my, my love you ready, dad? whoa-ooh ooh-ooh-ooh-ooh-ooh, ooh-ooh