Breaking news right out of the gate, look at this, a Freight Train derails in pennsylvania, its outside pittsburgh. Ten cars have derailed, thats according to local reports. This is an Valley Railroad train, no word on what it was carrying, but there are no reports of injuries or of a hazmat situation. Lets get right to it. Nice rally on wall street, the dow industrial is up 154 points stay at this level and youre close to a new record closing high. Now look at shift shack. Higher prices help post a surprised profit, good provide the too. Sales were strong, and remember it sold off last week because some thought it was low priced. Up 6 today. Now look at kohls. Dont do that. Down 11 . 8 at 6. The price of oil still in a very narrow range just below 60 a barrel, and the price of gasoline keeps going up, 2. 67 is your average now. Now, the big economy headline this morning comes from the economist at a very big bank. Where on the titanic he says and were going down, no policy fixes readi
Here is another reason for todays selling, a broader investigation of foreign bribery charges at walmart. When at that came out this morning, the whole market turned south. Thats where we are this thursday morning. More taxes, more selling and four more years. Varney company about to begin. Cer ] this is steve. He loves risk. But whether hes climbing everest, scuba diving the Great Barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesnt nickel and dime him with hidden fees. So he can worry about other things, like what the market is doing and being ready, no matter what happens, which isnt rocket science. Its just common sense, from td ameritrade. [ male announcer ] they are a glowing example of what it means to be the best. And at this special time of year, they shine even brighter. Come to the winter event and get the mercedesbenz youve always wished for, now for an exceptional price. [ santa ] ho, ho, ho, h
I hate to be a spoiler, but its not all sweetness and light. More trouble for obamacare. Varney company is about to begin. Thank you orville and wilbur. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead looking behind. Delta is looking beyond. 80 thousand of us investing billions. In everything from the best experiences below. To the finest comforts above. Were not simply saluting history. Were making it. I need a newnt investment pn. I need to rethink the core of my portfolio. Ishares core etfs are lowcost funds. So you can keep more of what you earn. Get started with the new ishares core builder. Design a personalized plan that can help you achieve your investment goals. Ishares by blackrock. Call 1800ishares for a prospectus, which includes investment objectives, risks, charges and expenses. Read and consider it carefully before investing. Risk includes possible loss of principal. You dont often see a
Stuart look at this. Big rally on wall street. Janet yellen is driving it. Extraordinary measures. Interest rates are expected to remain low for a long time. The market probably likes that. Sixteen for is where we are now. Some of the dow stocks are hitting new highs. Nicole that is right. We have some record highs. We watch those at new highs. Stuart i really want the trumpets to be sounded right. All you naysayers. 4114 right now. Take that. Did you walk into mcdonalds and get your free coffee . Take that taco bell breakfast menu. Right now back up to 98. Just before i went away it was 93. 94. The market is rigged. Here is the clip from 60 minutes. Listen up. It is rigged. The most iconic market is rigged. By whom . The stock exchanges, the big wall street banks and highfrequency traders. Stuart he is referring to highfrequency trading. Just look at that chart. 8000 points over the last five years. On the one hand, you have that whopping great Big Stock Market rally. Michael lu is sa
A candidate in governor romney who is now likable to a majority of american voters. The Pew Research Center showing governor romneys favorable rating at 50 to the president s 49. A stunning turn around from march when the president s rating was nearly twice that of governor romneys. Brand new fox poll in the important baleground state of florida s romney outpacing the president 55 to 51 in the favooables. The gallup favorability poll has the republican nominee on topas well. Mr. Romney beating the president 5251 1 incredibly, the leftleaning Public Policy stitute giving governor romney the biggest lead in likability. The governor up three Percentage Points on thpresident in that, in tt poll which is cosponsored bythe Service Employees international union. Talk about objectivity. And the real clear politics electoracollege projection now has govern romney ead of the president for the first time in this election. With North Carolina now moving in to the romney column. Tonight we have exp