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Passing yet another milestone in a year that has been full of them. In fact this is the fifth 1,000point move in the blue chip index this year, the first time thats ever happened. Investors enthusiasm has been driven by the prospect for tax reform. Strong corporate earnings, and a growing global economy. The Dow Jones Industrial aver advanced 331 points today to 24,272. The nasdaq added 49. And the s p 500 was up 21. And on this last day of november, the dow logged its longest streak of monthly gains in more than 20 years. Bob pisani has more on the dows run through 24,000. Reporter it was another banner day for the stock market. Stocks roared higher on this final day of november with the dow smashing through the 24,000 mark to another high. The dow had its best day of the year. Buying picked up steam early in the day when senator john mccain said he would vote to support the senates tax bill, boosting its chance of passing. ....
With media organizations from the early caucus and primary states are sponsoring this forum and following the live forum, you can provide your input by joining our callin program and adding comments on facebook and twieter on cspan, cspan radio and cspan. Org. On tuesday federal Communications Chair tom wheeler and commissioner aji pay testified before the communications and technology. They discussed rural access to broadband and over the top Video Services. This is almost three hours. Well call to order the subcommittee communications and technology and i want to welcome everyone here today and wish a very good morning to chairman wheeler and commissioner pay, delighted to have you back before the subcommittee again this year. We appreciate the work youre doing at the fcc and i look forward to your testimony and our opportunities to pursue some issues. At the risk of ....
Been completely unhelpful. In may of this year the Enforcement Bureau says they intend that the broadband providers should enemploy Privacy Protections. What does that mean . I have no idea. I sp prks isps have no idea. I have no idea. I would rather have let the experts who have protected consumers handle this issue based on law that you have given them. They have the expertise to handle these issues, correct . Expertise and legal authority, yes. The chairman talked another issue about privacy and edge providers. Chairman wheeler the Consumer Interest Group filed a petition to ask you to oppose a Consumer Privacy protections. When are we going to see your response . Do you believe providers should have a different standard of protection than isps ....
Rural areas. Would you let them get the support if they offered broadband as a standalone service. Second, rate of return carriers could get into a similar connect america fund for price gap carriers. And the a cam model isnt perfect but nonetheless if rate of return carriers find it acceptable, they should be given a limited window to be able to do that. Thank you. Chairman wheeler, these are all rural questions for Rural Service so it is really appealing to the constituency, a third of illinois, like a lot of the rural illinoiss. This is on a drop call issue still. I go to my family owned phone companies or the coops i still have out there and i think we talked about it the last couple of hearings that weve been with you, and it it is the intermediate carriers, the least cost reuters seem to be the problem. Can you tell me because you know the Companies Get blamed and it is a ....
Wireless association. They represent all the Wireless Companies. Mr. Guttmanmccabe, overall what was the effect of sandy on your member organizations, the verizons, the at ts, sprints, etc. Guest sure, peter, and thanks for having me back. If you dont mind, i wouldnt mind taking a half step back and providing perspective on this storm and ultimately the impact that it had. If you listen to mayor bloomberg who said that the damage was unprecedented, that it maybe the worst storm that the city has ever faced and the tidal surge previous high was 10 feet, for this storm was 14. Governor christie said the damage in new jersey was unthinkable. I mean, we had fires, we had hurricaneforce winds, we had massive flood, we had sleet and snow. If you look at that and the flooding through the subway systems and the shutdown of the stock exchanges, you start to get a sense of the massive scale and scope of this storm, and yet the networks ....