Debates backtoschool, voters are not allowed to see or hear him say those words. Almost immune. We have a lot more on this, believe me. Lets get straight to your money. An economic indicator, here it is, 1. 19 million new jobless claims. That is the lowest number since the economy tanked. It is very good news for the recovery. The trend in new claims is flat out down. The dow industrials taking a little heart from that. We were lower, now were going to be up maybe 30 odd points. Not much of a gain. Theres a lot of green on the lefthand side of the screen. The market story is the march to new highs. The techheavy nasdaq already hit several records this week. The dow is at the 27,000 level. Thats up 8,000 points in four months. Theres a lot of very positive news in the background. Positive vaccine news. That helped. Dr. Fauci says well have tens of millions of doses of the vaccine available early next year. Heres another plus. If congress doesnt come up with a virus relief package, the p
The horizon with energy experts. Plus, the drop in crude could be seeping into the Banking System of our neighbor to the north. The royal bank of canadas ceo joins us in a cnbc exclusive on the back of his companys earnings. Also ahead how much of what we see in the rally is the result of the fed trying to calm market volatility. Were live in jackson hole with the latest headlines. Dont forget, of course, the new york fed president , importantly, spoke today. He did. And markets are reacting. Lets get to full Team Coverage of these markets. Bob pisani tracking the moves here at the stock exchange. Courtney reagan over at the nasdaq. How do you feel going into the close today . Better than yesterday. I want to show you the dow. At this time yesterday, we were fading going into 3 00. That is not the case right now. Dow jones industrial average is essentially almost at the highs for the day. I think 16,100 right off the open. Were essentially there back to the highs for the day. The marke
Legislation to let Congress Review a u. S. Nuclear deal with iran after threatening to veto an earlier version. Republicans and democrats agreed. 17 billion in several months. He does people with knowledge of the process straight executives are meeting with investors this week in new york. According to the wall street journal, the journal said ge is trying to hold onto bankers at least until the Company Exits the company business. Alibaba naming a new ceo. Daniel will become a new ceo on sunday replacing jonathan lu. The company replacing a 45 percent increase in revenue shares. You can see it on the news. Less than an hour to go to the close of trading. Scarlet fu is looking at the action on the street. Scarlet this morning, i leaving leading ways to gain spirit every 2000 is down on the new york stock exchange. The dow jones is up by 100 12 points. Points rising for only the third time in the past 12 days. A 15 year low. In terms of crude oil, looking at a drop of 2. 4 . Below 59 per
Railro. Tyler, well find out. Its not entirely clear theyve receive the governor if he comes to fort lee. The story of governor chris christ christie, has changed. Today for the better part of two hours the blunt nono sense governor answered questions in trenton, apologized repeatedly. He was sad, had to inv in the traffic closures clearly done as a political vendetta against the mayor of fort lee and the straighttalking postpartisan governor insisted he is not a bully. No. Im not. I mean, listen, kelly, politics aint bean bag. Okay . And everybody in the country who engages in politics knows that. On the other hand, thats very, very different, that saying, that, someones a bully. Now, out of a job effective immediately, bridget kel. The governors deputy chief of staff who wrote the now infamous email in september, time for some traffic problems in fort lee after the mayor of that borough apparently was not going to endorse christie in his reelection campaign. Chris christie has said a
J.P. Morgan strategists estimate future returns from U.S. stocks will average about 6% over the next decade, well below the 10.8% average return of the past.