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No funk for the consumer. Targeted at 6 billion, snap chat with 0 billion in revenue, raising a new height this morning. Facebooks first downgrade since march of this year, and the growth will slow in 2015. For the first time, the targets open with the s p above 2,000 coming off the 30th record close of the year and dow hit new intraday highs in tuesday session, and nasdaq at a fresh 14 and a half year high, up 4. 5 . Interesting action so far. We have a cease fire in gaza, meeting how the geopolitical story reversed and markets like that. Lack of news is good news for the market. The bullish momentum continues. Milestone after milestone, but momentum is a keyword to talk about and whether it continues the 30th record close for stocks . The action is in the currency market. Overnight, the year row hit the lowest level in a year, ramped up hopes, right, simon, for more action and weak Economic Data fuelling the fire. I think one. Mo ....
About three points going lower here, and the nasdaq were keeping an eye on that one. Its going to be all about the nasdaq this week. Eerily similar to the exact same time of near 15 years ago the nasdaq closed at alltime highs. Its closing in on 5,000. It just turned negative on the session. Were off five points. 4,963 is the level. Were talking about 35 points away from crossing 5,000. Well have lots of numbers coming up on this. Obviously on an inflation adjusted basis you would have to of that index at 6,800 to have it equivalent you could argue. You have that number just right at your fingertips. We were just looking at it but a lot fewer companies as well. In the nasdaq this time around you have Something Like 2,500 companies versus 4,700 last time. Janet yellen getting grilled by the house on the feds independence. They were pretty feisty. Well get reaction from H ....
Here are the big stories were watching China Central bank cutting the bench mark interest point. The move giving stocks a boost in asia today. And then this one is deep. A big deal. Check this out. Nxp, andrew is buying free scale. Check out the nxp price. Its in cash and stock about 12 billion is what they said. No premium initially because it closed at 36. 11 free scale did. And theyre paying 36. 14 in cash and stock. Look what happened to the acquiring company nxp is up 14 or 15 . So the tieup between the two companies are getting more valuable by the second. But its more than 40 billion. Both make a lot of things for cars. You know, some mobile stuff but i think free scale was mostly microcontrollers and nxp has recently gotten into stuff for payments, too. Which is getting both have been in private equity hands and come out. Freescale used to be motorolas semiconductor and nxp was part of philips. You know this . I did. Did yo ....
Boston now on the brink of its snowiest winter ever with another storm in the forecast today monday, march 2, 2015. Announcer from nbc news, this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. Good morning. Welcome to today on a monday why dont we start out saying hello to the folks in boston on the verge of a championship season. All the wrong reasons. Oh, man. Thats boston. Snow piled high. Here we have new york city. Were famous for this. Dirt slurpee slush all over the st we have in one day yesterday we got more snow for the month of march by over an inch. And more on the way. Al, thanks. Lets start with our top story. Alleged threats by isis against twitters cofounder jack dorsey and the company employees. Keir simmons has the latest. Good morning to you. Reporter good morning. May be twitter employees hearing this frightening news this morning, the message allegedly threatens retali ....