Party has to end but when . Okay, of course, its going to be a pullback but is that all youve got to say after the most explosive rally in modern history. Next story, the economy, in december 148,000 new jobs created, that is not strong, big job losses in retailing, big job gains in manufacturing and construction. Big show as usual. New probe of Clinton Foundation, were donors playing to play . Varney company is about to begin. Stuart here is another big story, look at that. Much of the east coast is still under a very deep freeze. Roughly 13,000 homes out of power. Thats serious. Here is a look at the latest weather map with windchill, by the way, frigid temperatures continue across the northeast for the entire weekend, will you look at the minus signs there . Chicago, minneapolis, my thatsg story. The other big story remain it is market. I have a tweet, the latest from the president. Here it is. Dow goes from 18,500 to 25,075 for new time record. Jumped a thousand points in the last
Lets look at future israeli side fractional move yesterday. The markets were down much more earlier in the day. Dell industrial is expected to be a 13point the nasdaq, s p 500 territory. European indices looking not a weaker showing up weaker showing their peer fractional moves down three points, down two points, down 26. Markets closed with fractional gains in china and hong kong. Scorched earth giving way to massive mudslides or the death toll in california up 17 in the wake of this weeks flooding that followed devastating wildfires in southern california. Cars are wedged in by ahmad. Our backyard has her neighbors originate in our backyard. My home is standing, but when the flash flood came, he couldnt pull the door shut, so it is just full of mud in the backside collapsed a little bit. Maria the latest in a desperate search for survivors in the aftermath of this dorms. A 711 sleep. Ice ages across the country in an immigration crackdown, businesses and the federal government coming
Welcome to power lunch. Im michelle carusocabrera. Melissa said strong rally to end the week, the dow, s p 500, nasdaq, russell 2000, dow transports all hitting record intraday highs look at the Dow Jones Industrial average, dow 25,000 is so last week were 250 points away from dow 26,000 second straight week of gains, check out soft om movers within the averages amd downer today taking a hit. The company says its chips are susceptible to the specter security flaw. Its off 1. 5 . That flaw lets hackers steel sensitive information. Gamestop tanking about 10 retailer posting strong holiday sales, however, they took a big charge on iphone x related problems first ipo of the year, first energy ipo of the year Liberty Oil Field Services Soaring about 30 on its debut today. The ceos going to join us in just a few minutes tyler. Michelle, thank you very much welcome everybody. Im Tyler Mathisen lets tell you what else is happening at this hour the National Retail federation says holiday sales
Its the biggest gainer of the major averages look at treasury yields, this is where the action has been. Yesterday the twoyear sitting at the highest level since 202000 the tenyear at the highest level since 2014 the yield on the tenyear is 2. 632 couple big stories were watching, the u. S. Government is officially reopen for business after President Trump signed a bill to end the shutdown hundreds of thousands of federal employees will return to work. The bill funds the government but only for 17 days its the product of an agreement in the senate to reopen government and tackle immigration within three weeks well watch that its a busy day for ponentse the opening bell Johnson Johnson, Procter Gamble, travelers and verizon. We will hear from capital instruments and united netflix shares are popping the streaming company adding more global subscribers than expected in the latest quarter heres what Reed Hastings had to say about what is driving growth the real driver is to make the big t
Russell 2000 up by. 78 . West texas at 53. 13 up 1. 48 or nearly 3 . The 10year note theres the yield at 2. 28 . The price is lower, the yield a little bit higher. Mandy drury today on the floor of the nyse with bob pisani. Seems like this has been where all the actions been this week, ty. Seemed like the likely place to come down to. Bob, fantastic job yesterday covering the big event. But in terms of todays action, we opened up with big volume. 249 to the up side. Why are we losing steam here . I think there is some realization that greece is still very iffy and china, the gains yesterday, theres a lot of companies that respect even trading there. Some people are saying we dont know whats going on in china. The bottom line is were keying off of greece and china. We did have very smooth opening at the New York Stock Exchange. The nyse said that outage was caused by a Software Rollout that caused Communications Issues between customers. Talk about that later. But it was a strong open a