Americans . Markets this morning are pointing to a lower opening this morning. Take a look at average with Dow Jones Industrial average down 528 points. Nasdaq lower by 78. Dow up 1,151 points. S p yesterday up 154 on wall street. Plus the president speaking with chinas xi jinping overnight. The two countries are working together closely to fight against the pandemic. Next hour eli lilly ceo will be here on drug supply chain and how dependent some companies are still on china plus dr. Oz is here on vaccines and growing concerns about children getting the virus now. Plus americas biggest music stars coming together to help raise money for victims and First Responders. The eye heart living concert presented by fox, and air live including fox business, join us for jellon john, billy eilish and many others taking part in charity event. Mornings with maria live right now. Lets check Global Markets. European leaders still unable to agree to join together to fight spread of coronavirus and Ec
And a big part of that was because investors rang the rangstrang st register in stocks. Is it time to take profits in this group . Guy . Lets talk about two names. Good to have you. Hope everybody had a great long weekend. Happy gobble gobble turkey day. Welcome to monday. The short answer is many of these names, yes, and we talked about this last tuesday. Two names specifically. Look at j. W. Nordstrom. Look at the move its had since the middle of the year when it was a 35 stock. All the shorts covered. Last week when it got to 60, we said, folks, the Short Covering has happened at 19 times earnings. Much too expensive. Ring the ridegister. Down 3 . Similar story in macys. Macys is a little more compelling on a valuation basis but the charts look identical. Massive double tops in both going back from earlier this year. So when those two names specifically it is time to ring the register. Was this the buy the rumor of good or decent black friday sales and sell the news or was it a run
Shaking it off. Stocks soared yesterday, with the dow once again topping 14,000. The s p is reclaiming 1,500. Gold lost 18, and oil inched up. It could be a rough day for jc penny and groupon following earnings. After the close, jcp shares fell 10 . The retailer racked up more losses. And groupon fell 29 in heavy trading because of poor earnings. And the senate voted to confirm jack lew as the new treasury secretary. The final vote was 7126. We are ready for liftoff on this thursday with Mark Sebastian to take a look at trading. He is with option pit mentoring. Good morning to you. Should investors worry today about the sequester . I dont think so. I really dont think so. If you watch the political channels, they are talking about it. If you walk around the floor, nobody is really talking about it in terms of Financial Markets. And nobody seems to really care. And if the Financial Markets were really worried about this thing, we would have seen them selling off, as opposed to yesterday
Captioning sponsored by Macneil Lehrer productions woodruff a new study says fast food makes up about 11 of the american diet, less than before but not by much. Good evening, im judy woodruff. Suarez and im ray suarez. On the newshour tonight, we sort through what all this means for americas obesity problem in children and adults. Woodruff then, we look at health care for the poor, as floridas republican governor is the latest to embrace the obama administrations program to expand medicaid. Suarez Margaret Warner gets an update on the syrian civil war, as attacks on damascus escalate and the deadliest car bomb to date rocks the capital. Woodruff our week long focus on guns, after newtown continues with two reports first, the state of play in florida, which has some of the least restrictive gun laws in the u. S. Nothing really truly equalizes a small petite woman with someone whos 63, 230 pounds whos angry except a firearm. Those weapons often times fall in the hands of bad folks in our
Suarez there may be hope yet for bringing the National Epidemic of obesity under control. At least, the latest numbers on calories and fast food, released today, indicated possible progress. For years, Health Officials have warned about americans growing girth. Now, research from the centers for Disease Control and prevention suggests the fight against fat may be having an effect. Among the findings American Children consumed fewer calories in 2010 than a decade before 7 less for boys and 4 less for girls. And for adults, fast food accounted for just over 11 of the calories consumed in 2010, down from nearly 13 in 2006. The researchers acknowledge the changes are small and cant be fully explained. But public campaigns against obesity have intensified in recent years. Last september, for instance, new york citys board of Health Limited sugared drinks and sodas to 16 ounces or less. Mayor Michael Bloomberg praised the prohibition that takes effect march 12th. This is the single biggest s