after tesla stocks sending wall street higher. apple up 2% after analysts predicted growth in service business. today is the final trading day of the month. historically september is the worst month for stocks. not this year. s&p and dow rose 2%. both near all-time highs. americans spending more and shrugs off the trade war for now. looking to buy a home or refinance your mortgage? mortgage rates just hit the highest level in seven years. the benchmark 30-year fixed rate soaring to 4.72%. one reason is the federal reserve is raising interest rates this year and higher interest rates affect borrowing costs. the fed raised rates yesterday for the third time this year. amazon opened another brick and mortar store. it looks like your shopping cart
goals. carlson says the me too movement is driving the changes. we ll check cnn money this morning. global stocks higher today after the nasdaq hit its second straight record high. a rally in tech pushed wall street higher. corporate tax cuts fueled another buyback bonanza in may. american companies spent a record $201 billion buying back their own stock. apple made up nearly half of that. last month, apple pledged to spend $100 billion on stock buybacks. this is my favorite c the year. of actually i would say of a generation. for the first time in at least 20 years, there are more job openings than workers to fill them. the labor department says the ratio of unemployed workers, jobseekers to job openings, dropped below one iapril. that s the first time since it started keeping track in 2000. when you look at the top of that blue chart there, that was the worst of the financial crisis. frankly, that was when there were seven or eight people for every job available.
the apparent suicide of kate spade. she was 55 years old. she was found hanged by a scarf tied to a doorknob. a suicide note was found athe scene in her apartment. in it, spade addre daughter and husband. the context is not totally clear. the designer launched the kate spade new york brand in 1993 and opened her first shop in the city three years later. many friends and fans like chelsea clinton ivanka trump posted remembrances online. cnn money thisrning. stocks nasdaq hit a record high. rally in tech pushed wall street higher. corporate tax cuts had a buyback in may.companies spent $200 bil buying back their own stock. ape pledged $100 million on
though t. seems as though business was as usual on wall street. the dow with a near record-setting close on friday. here for that and a preview of what could lie ahead, brenda buttner. good morning to you. good morning. jamie: we will know tonight when the overseas markets open. do you think it will i guess the u.s. is a gauge for those as well? will we know as early as this evening? yeah, i think we almost know right now. when the cuts were going into effect on friday, pretty much wall street said, ahh, who cares? it s a small percentage of the dep deficit and the debt that we have. and also, there are other factors that are in play, which are pushing wall street higher. we are now within .5% of an all-time high for the markets. we have been up 115% from the crash low. so we have come a long way very