Will the rising tide help other stocked. The overhaul now reportedly to be done in stage. And a new echo device likely to be unveiled thor. First up, markets are aiming for new milestones. The nasdaq mitt record highs. As well, briefly surpassing 800 billion in market cap. Then theres the vix. Some people say it takes you back to 93. Jim, our number indicate 2006, but it doesnt fall below ten very often. Remember theres a correlation thats actually not that negative. You should have this in a bull market. Warren buffett says just keep contributing to your 401 k . Im not saying thats complacent. Im saying thats the way people save, and you may say, well, they shouldnt save like that and they have forgotten how much you can lose, but Warren Buffett would say how much did you lose . You didnt lose anything even during the great recession. I think theres a level november the complacency, but a recognition this is how you invest, because we dont have any other plate to invest. His comments
Coming on it hundred 12 million less than the 859 million estimate by analysts. The senate has confirmed Jeff Sessions as attorney general after more than a day of contentious debates. Democrats at the alabama senator was too close to President Trump and would not protect voting and several rights. Global news. 24 hours a day. Powered by more than 2600 journalists and analysts in more than 120 countries. Lets not get a check of the markets. Hang seng index up. 04 . Coming up, intel places at 7 billion chip. Why the president ial bid in arizona is not as fresh as it may seem. Plus, apple hits refresh on its television dreams as the tech giant poaches the head of amazon fire tv. And akamai takes a tumble despite solid Revenue Growth. Why investors are looking beyond the latest earnings reports. First, intel says it will spend 7 billion on a Production Facility in arizona. The announcement came amid a meeting between the intel ceo and President Trump at the white house. It will expand int
The global head of fx strategy at bmp. The brexit show is at 9 30 u. K. Time. We talked to the former u. K. Chancellor and the former justice secretary Charles Faulkner. Before we get to the markets, we are getting a little data out of the eurozone. This is what we are seeing in terms of pmi data. Expected. Etter than let me pull it up for you. T is rising to 55. 5 just short of estimates but it is still an increase from the month earlier. That is the impact it has had on eurodollar. Well, not any impact. 105. 17. This is your data, everything has to do with repositioning. We had a pullback in u. K. And u. S. Equities yesterday. European stocks falling lower a touch. It is all about janet onlen and her weighing in the path for Interest Rates, that german two year yield, minus point 84. Lets get to the first word news. Attorney general Jeff Sessions has removed himself from investigations into russian influence. It comes amid calls from democrats for him to resign over conversations las
Seems less palpable than others may grasp. These words may always be on the tip of your tung if youre investing on days like today. Nasdaq declined. 37 . They help you avoid the real pitfalls all investors face. The late great mark haynes said. Eight years ago this week. I love that call. I hoped you did too. It was based on haynes recognizing the risk reregard had gotten out of wlak. We had seen a kre sen doe that was way too loud and way too yun formed. Remember, this was 2009 when the dow was around 6,600. It is one of the best if not the best in history. To give you some context at that time i had been negative on stocks all the way down at one point telling people if you needed money in the next five years you should pull it out of the market. Here is haynes down from when i said that. As fearful as you might have been the big decline had become too unsustainable. It wasnt time to sell anymore. It was time to buy. Buy buy buy. I will step out on a limb here. I dont think we are at
On a hostage situation in a sydney cafe entering its 10th hour. Is in sydney. What is the latest . Unfortunately, we havent had much of an update in the last couple of hours. It has been three hours since we saw two of those hostages escape , or at least were released. They looked terrified as they ran through the doors of the lindt cafe in sydney. About an hour before that, there had been three men that escaped. An update into get about 15 minutes from the New South Wales premier, and the Police Commissioner. Hopefully, we might get a little bit of an update. They certainly have been keeping everything under wraps. We heard from Deputy Commissioner Catherine Byrne saying that they are going to monitor social media feeds to get more of an indication as to what may have prompted these hostage situations. They have also indicated that the gunman is known to police. They wont be releasing the name for their purposes. Im sure that the area around the cafe is in lockdown. What about the res