Protestg a symbolic perhaps, or a wakeup call for investors . Can investors expect more pay for automakers, to deal with the biggest industry shift in many matt . Ecades, matt matt we less than a half hour away. Im excited to talk about that story. Theres so many automotive stories to talk about. Take a look at equity Index Futures. Its a risk on day. Possibility of some kind of tax reform in the u. S. We have equity Index Futures up across the board trade ive got, not the bund yield today. Because i was talking about the smp with someone so sucked skeptical about the continued climb of this index, it forward priceearnings ratio, he thinks its too expensive, especially considering what earnings has done. In yellow, actual earnings per share. Although everybody seems so optimistic about the rise in earnings this year and next, this goes back five years. Were just going where we started. This has been moved to that much over the past 3040 years. Guide . Guy the cadillac story is going to
Bezos, hes now the second richest person in the world. Right behind bill gates. And bezos has around 79 billion. He made 3 billion just overnight. Lets not forget google. This is extraordinary. Thats revenue up every single quarter for seven straight years, thats a juggernaut. That stock also going straight up at the opening bell today. All right, thats money. Now, politics. It takes longer than 100 days to drain the swamp. Oh, yes, it does. No vote on obamacare today, or tomorrow. It may be next week. And the left, no growth plan for the democrats. The New York Times and democrat leaders call the president s growth agenda, a give away to the pitch. They dont like it. Your money looking good. Politics and that swamp is still there. But its friday and were glad youre with us. Varney company is about to begin. Aint no stopping us now were on the move all right, okay, ill go with that. It seems like theres no stopping, certainly no stopping the big, big tech names that have been on such a
We are standing by for the White House Press briefing, sean spicer returns to the podium for the First Time Since the firing of james comey. The president shocking many this morning by tweeting, considering stopping having press briefings and issuing paper statements instead. America waiting to find it out if the president was just making a bad joke. That pressure expected live right here. When it begins, we will take you to it. To your top money news. Today, once again, the continued decimation of retailers and their investors money. Today jcpenney and nordstroms. Not impacting your Broader Market investments. Three major indexes are little changed. The dow down a scant 31 points. A little more good news for your money on this friday. Shares of apple and mcdonalds hitting new records. Owner of darden doing well as we bulk up on pasta. Right now lets get back to what appears to be the sad new retail re reality for investors. Jcpenney wiping out hundreds of millions as sales disappoint.
Persist. And Divide And Rule we get the inside track on the business thats split the world up into 57 trillion three metre squares, each with its own code. Its an innovative approach to mapping thats being taken up by the likes of the red cross and deutsche bahn. Dont forget, we always want to hear from you about anything on the programme its easy to get in touch, just use the hashtag bbcbizlive. Welcome to the programme, stay tuned for that inside track, it is fascinating, this three metres square here has its own unique code, we will explain that for you later. The eu and china will attempt to deepen ties at a summit later. There is concern among some about us president Donald Trumps stance on trade and Climate Change. Chinese premier li keqiang will meet European Council president donald tusk and the head of the European Commission jean claude juncker. Chinese premier li keqiang will meet European Council president theyre looking at how they can counter Donald Trumps policy of putti
You could call it perhaps a sigh of relief. At least for now. The stock market, which traded in a narrow range ahead of former fbi director james comeys testimony, rose slightly today when his prepared remarks were released and there appeared to be no smoking gun, although more could come out during the full hearing tomorrow. Mr. Comey recalled a number of meetings and conversations and one where the president said he needs and wants loyalty. His testimony was detailed but it was interpreted by the market at least today as being less damaging than perhaps originally feared. So when all was said and done, the Dow Jones Industrial average added 37 points to 21,173. Nasdaq was up 22 and s p 500 gained three. Capping the gains was an unexpected rise in crude inventories, which sent the price of oil tumbling, its worst oneday performance in three months. Investors are looking to the outcome of the general election in the united kingdom. Wilfred frost is in london for us tonight. Reporter th