High for the day. We should not get too complacent. We have continued to see swings. If you look at the gains, they are pretty broadbased. Only energy is lower. That has been the Weakest Group throughout the day. Utilities recovering as we see a little bit of a back up and yields today. Tech shares also strongs. Also strong. If you take a look at the weekly performance, we are setting up for the best week for stocks overall in quite some time. For tech specifically, and the xlk, it could be the best week going back to 2011 with a 5 gain this week. That would be even bigger if you counted the rally which began last friday. Cisco is helping lead the technology gains. That company is trading at a 17year high. The company came up with revenue that rose for the first time in eight quarters. The forecast was also positive and the company said revenue in the current period will climb as much as 5 . We have seen other companies and related businesses also on the rise. On the call today, the ce
News for ya to that thanks for watching. Law and hasnt seeker this is counting the cost on aljazeera your weekly look at the world of business and economics this week while swings for Global Stock Markets why it could be a sign the borrowing costs are going up faster than expected. Also this week suffragettes one hundred years on a look at how women in twenty eighteen are still fighting for equal rights in the workplace. Plus a surge in u. S. For production and why thats making life more difficult for opec. Now theyve been an eerie sense of calm where the markets had been concerned all of last year but this week everything changed and we saw a brutal sell off in global stocks which accelerated as the week got on the way on monday and tuesday stocks fell dramatically around the world to raising all of twenty eight thousand gains in a matter of alice and then they recovered and have been pretty volatile since so what just happened while the prospect of higher Interest Rates across the gl
Equitie been getting pushed around and by Interest Rates amid concerns the solid Economic Growth we have seen could force the Federal Reserve to raise inrest rates more times than answered this year. But a report released today by the central bank appearedo alleviate some of those concerns. And thats when stocks took off. The dow a closed its high of the day, up 347 points to 25,309. The nasdaq added a very strong 127 points. The s p was up by 43. And todays gains helped the major indexes close higher forn the weekhat a week iwas. Here bob pisani. Reporter stocks drifted steadily higher to tth close he dow up more than 300 points. Every day this week weve seen some big intraday swing. Stocks would rise at the open, peak in the milled of the day. There was often not a lot of news o there. Today the rally finally held up. Ower bond yields were a help throughout the day. The dow, which dropped 2500 points, in a little more than a week earlier in the month has recouped from its losses. A r
Under sacks of rice for taiwanese men have now been arrested those are your headlines the news continues after counting the cost i will see you top of the hour but by. Doing this the benefit of sudan people so bad they see the importance of. Documentaries that open your eyes at this time on aljazeera. Alarm hasnt seeker this is counting the cost on aljazeera your weekly look at the world of business and economics this week wild swings for Global Stock Markets why could be a sign the borrowing costs are going up faster than expected. Also this week suffragettes one hundred years on a look at how women in twenty eighteen are still fighting for equal rights in the workplace. Plus a surge in u. S. Soil production and why thats making life more difficult for opec. Now there been an eerie sense of calm where the markets had been concerned all of last year but this week everything changed and we saw a brutal sell off in global stocks which accelerated as the week got underway on monday and tu
And how it shaped his interest in nature. He talked about the legislative houses and opposition to establishing the 10th National Park. Hosted by history colorado, this event marking the centennial of the park is a little over one hour. On genuine 26, 1915, Woodrow Wilson created rocky Mount National park. Five days earlier on january 20, the enabling legislation, a cartoon on the screen behind me appeared in the denver post. It shows enos mills shaking hands with the goddess colorado, who was saying, enos, i am proud of you. In the background, to mountains speaking. Further complements followed, and within months enos mills was being hailed as the father of Rocky Mountain National Park. The title that mills himself would appropriate in his own writings. That title has followed mills from his time to our own. To cite the most obvious public example, that title graces the pedestal of the bronze lifesize statue of mills and his border collie, scotch. It has stood in the corner of a park