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Earlier losses closed at a record high. Thats kind of where our road map starts as it often does investors shrugging off Global Growth concerns. Stocks set to rally at the open. And records still within striking distance. Plus, broadcom eyeing symantec, my reporting added to bloomberg yesterday which broke the story. And mine. And jims give you more details. And pot shakeup, bruce linton out, telling cnbc he was fired from the Worlds Largest publicly traded cannabis company. Somewhat extraordinary. No. Wait. Having him on talking about being fired. Want him back all right lets talk about stocks. Looking to set a new milestone this morning s p 500 on track to open at an all time high. That would be the second time this week. Yesterday the index posted its seventh record close of the year take that, Global Growth concerns, t ....
Were at the Detroit Historical museum, and were about to walk into a wonderful exhibit called americas motor city. Detroit has been the motor city capital of the world since at least 1915, when there were over 42 Companies Making cars and another 75 Companies Making parts. So we have been while other towns built cars, we built lots of cars. Prior to 1900, the detroit area enjoyed a wealth of strong manufacturing, a lot of it based in the building of carriage bodies, but also in building iron stoves and building Railroad Cars and building railroads, wheels and the rails that go with them. So detroit understood the manufacture ring process, but they also understood how to deal with steel, deal with iron, deal with would, deal with rubber. Detroit had all of tho ....
And next, more from a 2023 library of Congress National book festival. Im Kevin Butterfield john w center at the library of congress. The centers were the sponsors of this years festival. We are proud to help bring americas most beloved writers here. The center works among scholars and residents work on the collections of the Worlds Largest library. And to do work of the sort she will be hearing about today. Welcome to everyone for joining us live on cspan as well we are proud to partner cspan again this year this Panel History is heating up environmental awakening versus Climate Change denial injures douglas brinkley, david lipsky and janet white sent Ne ....
Lets get to the Global Market picture. Lets look at a start to the year which has been the best start to the s p since 2003. The first nine trading days of the year up 4. 2 on friday the dow was up 0. 9 the other two indices up 0. 7 . Week to date about 1. 5 to 2 of gains. This morning, as you can see, resoundingly positive start in the premarket. Dow up 271 points. The s p up just 14 the nasdaq up 38 very much the dow surging higher this morning tenyear treasury note for you which has been in focus, last week yields rose in lieu of international yields rising at the start of the week, but then gave up some of that gain towards the back half of last week were at 2. 53 we got very close to 2. 6 early part of last week. Look at the mood in asia the nikkei at a fresh 27year high, up 1 in todays trade hang seng closing actually at a record high, 31,904. Stocks there up 1. 8 the shanghai composite up 0. 8 south korea seeing gains of a s ....
Wednesday on wednesday, the employment report for july will come out with International Trade. On thursday, well get jobless claims. And that all leads to fridays big jobs report. See what theyre suggesting about the open at this hour. The dow flat course the board. Disney, dreamworks, time warner, fox, all on the calendar. Stiefel is raising its price target. And seeing the stock getting to 130 a share. Also has a value rating on those shares. Disney up 40 over the past year. Harder and harder to come up with something new, isnt it . And Mission Impossible big opening. 56 million. I saw it i saw it on wall street. I liked it. Tim, tim hanging on the side of the airplane which is pretty cool. I think with the people involved with insuring tom cruise, its like at times. With tim on the motorcycle which is going 130. Mission impossible did you used to watch it . The or ....