7. 2trillion. Thats how much the value of all stocks has gone up since the election of donald j. Trump. Thats why we call it the trump rally. We are already seeing more gains from the Big Tech Companies closing at record highs last friday. The big five are going to open mostly higher again this monday morning. Pay very close attention to amazon. The super cold weather for the last two weeks has surely helped them. Who wants to go outside in subzero temperatures . It was minus 13 at my farm yesterday. That has helped founder jeff bezos to increase his fortune. Hes now worth 103 billion. A half hour from now, no sell off. The dow closed friday just shy of 25,300. Well stay right around this level when the opening bell rings. Monday, january the 8th, Varney Company is about to begin. More fire at trump tower in new york city. Ashley well, fire and furry, and it had nothing to do with a book. Apparently its a electrical fire on the cooling tower. As you can see from this video. It was firs
Closed lower for the first time in 2018. Some are attributing the decline to good Old Fashioned profit taking. Others pointed to nervousness that higher inflation could force the fed to be more aggressive when it comes to hiking Interest Rates. The result was a drop in stocks. The dow fell 16 points. The nasdaq was off ten. And the s p was down three. Investors are paying more attention to the bond market these days. Yields have been rising. That could usher in big changes for stocks and the economy. Steve. Reporter Interest Rates are rising, presentin a challenge to Economic Growth and to the stock market. But some look at the recent rise and ask, what took so long . The fed hiked Interest Rates three times last year. Budged. Tenyear bond yield if fell through much of 2017. It comes amid a report that china is rethinking how much it buys. It comes amid better growth, rising expectations, and a coming boost to the deficit bill, the tax cut bill. Yields are low. They should be higher. T
Hes facing massive backlash over the profane and racial comments he said at the white house. Today the president is trying to backtrack from what he said. On a day hes under fire for racially explosive comments the president signed a proclamation honoring Martin Luther king jr. Even joined by a member of the king family but couldnt avoid the blunt question, are you a racist. Did you refer to african internationa nations mr. President are a racist. The president attempted damage control over the vulgar insult he used tweeting this but nowhere did the president explicitly deny directing that profane insults at african countries. He said these hate filled things repeatedly. Senator was in that meeting. He said haitians . Do we need more haitians . And he went on to describe the immigration from africa when he used these vial and vulgar comments calling the nations they come from [ bleep ], the exact word used by the president not just once but repeatedly. Later he detailed more of the pre
In alameda history. Reporter thats right so Alameda County Sheriffs Department is teaming up with Oakland Police and the california Highway Patrol. Officers say they need more help because of the illegal sideshows happening here on bay area roads are getting more dangerous for everyone involved. Youve seen the video, cars doing high speed spins and slides just inches from hundreds of people. Here you can see people hanging out of the window of a car thats almost out of control. Tonight police say it has to stop. So thats from a previous sideshow, thats when we were going in circles. Its either actual hundreds of skidmarks there. The chp helicopter pilots are flying over interstate 880 in oakland. Last month an illegal sideshow there took over the intersection with cars spinning almost out of control and people in the crowd egging on the drivers. Most recently theyve been shining lasers for visual effects. They turned the lasers on the chp helicopter. It scattered just like shotgun pelt
The biggest sideshow crackdown in alameda history. Reporter thats right so Alameda County Sheriffs Department is teaming up with Oakland Police and the california Highway Patrol. Officers say they need more help because of the illegal sideshows happening here on bay area roads are getting more dangerous for everyone involved. Youve seen the video, cars doing high speed spins and slides just inches from hundreds of people. Here you can see people hanging out of the window of a car thats almost out of control. Tonight police say it has to stop. So thats from a previous sideshow, thats when we were going in circles. Its either actual hundreds of skidmarks there. The chp helicopter pilots are flying over interstate 880 in oakland. Last month an illegal sideshow there took over the intersection with cars spinning almost out of control and people in the crowd egging on the drivers. Most recently theyve been shining lasers for visual effects. They turned the lasers on the chp helicopter. It s