if that s not enough, he weighed in at seven pounds, 11 ounces. making quite a statement there. here s your first look at how wall street will kick off the day. the dow opens at 11,671 after adding 34 points yesterday. the s&p rose four points. the nasdaq gained nine. taking a look at overseas trading this morning, in tokyo the nikkei was up two points. in hong kong, the hang seng climbed 365. and stocks broke a three-day slump tuesday thanks in part to cautious optimism from some of the nation s largest retailers. the day started off on an upswing with upbeat earnings from sears holdings. the retailer s shares added 6% after raising its profit outlook above wall street s estimates thanks to strong fourth quarter sales. a better than expected earnings report from tiffany & co. offered proof that americans who have cash these days are in a spending mood. tiffany s upped its full-year
and from there, he hits the hot tub. and finally, let s take a look at the big board. look at him go. i m cold looking at him. we see the dow up about 35 points at 11,671. alison kosik been looking at those numbers all day long. she s live at the new york stock exchange. and alison, big news from myspace today. what can you tell me? yeah, not such a huge surprise here. you know, since facebook has entered the scene, myspace announcing it s cutting half its staff, laying off 500 workers. and i don t know if you remember this, but myspace used to be the number one social networking site, but then, of course, came facebook. now facebook is number one, with about 500 million users, eclipsing what myspace has, about 130 million users. so myspace really going through some struggles right now, some restructuring, you know, trying to find who its audience is. you know, myspace even recently said, it s not even trying to compete with facebook anymore. it seems that facebook is kind of out o