The ftcs settlement of its back and the stock climbed towards highs in the session. Romaine lets go to our markets reporter. I am looking at the u. S. Dollar. We did not see the same action and the dollar despite the rally. We see the u. S. Dollar slipped for a Third Straight day versus major currency competitors. Investors are trying to haven currencies they happen to outperform during the day. In the amid turbulence markets and resurfacing u. S. China trade tensions. Traders are weighing concerns for Global Growth and the outlook for the u. S. Interest rate cuts and the rise in american Producer Prices added some pressure on the u. S. Dollar. I was looking at the record highs we had. Lets focus on the s p 500. The second consecutive closing high. Above 3000 for the first time. The day,ed. 4 through enough for the superlatives. We really ground higher through the day. Todays gains were set up by fed chairman jay powell, his comments pointing toward easing Monetary Policy at the end of
windsor i m sara marie and washington. and this is cnn was nothing more than a few binders and railroad man dreyfus scratch out a living on this harb shot i m yielding of vata death. but even amid the hardship, there were glimmers of what the city would one day become. the ultimate place to work las vegas the ban vegas, as always marketed itself on its not enos of course, within legal constraints. well, some times illegal. you want to know his gambling better than organized crime. hints really, vegas became free entertainment capital two of the world, say as long as well here, together, whether we have a drink the content of that town, what it has to offer. you can t beat that every song will become visual show. every hong will be like an adventure, like an experience. to be a headline on las vegas that s what i m one of whether you re driving into laws or you re flying into los but you see it. it glow when i think about the las vegas first thing to come to my m
Switch shares up about 24 this afternoon. Well look at whether that treasury move could help juice the market for ipos coming up. Meanwhile, the new blade runner sequel hits theaters this weekend were going to look at whether this film can revitalize the struggling box office. Lot of fingers crossed in hollywood here as they bring Harrison Ford back one more time. Well see. Good luck. Hope it works. Lets begin today with a jobs report, though. Eyeopening number hs this morning. Our senior economics reports Steve Liesman joins us from austin with a breakdown of those numbers. Steve . Reporter yeah, bill, you had to cast your eyes down on this number here. But whats happening right now is people are really throwing out the weak number on the top line and looking to the details of the report and they find strength here. Let me show you what theyre talking about here the top line number minus 33,000 quite a bit below the 80,000 estimate you have the revisions to the prior months which were
A number of Hedge Fund Titans betting on it. Should you . Power lunch starts right now. Welcome to power lunch. Stocks are holding steady. The nasdaq and s p 500 setting new record highs. The dow swinging between gains and losses right now but in the green at this moment. Tech and Consumer Staples holding up. Check out some of the movers now. We have chinese telco actually its sina, a web company, trading at levels not seen in more than five years. Staples and Dicks Sporting Goods down big after their results. Home depot a real bright spot in retail on the back of better than expected earnings. Twitter spiking higher on news out just minutes ago that cofounder biz stone is returning to the company in an unspecified role. Brian . Mel, thank you very much. We begin all of this at the white house. President trump and turkish president erdogan about to deliver a joint statement. Eamon javers is there as well. Eamon . Reporter yeah, brian, theres a lot to watch for here in this joint statem
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