The First Time Ever in intraday trading and marking the latest milestone in the stock markets historic bull run. Corporate takeovers, which well have more on in just a moment. And hints of more stimulus from the European Central bank help stocks hit that psychologically important number. Adding to the enthusiasm, a report from the chicago Federal Reserve, which shows Economic Activity expanding at a rate above its historical trend. By the closing bell, the dow rose 75 points. The nasdaq added almost 19 and the s p 500 up nine and a half points closing at 1997. 92. Dominic chu has more on the 16year journey for the s p 500 to cross that 2000 mark. Reporter february 2nd, 1998. Remember what it was like back then . The average price of gasoline was 1. 06 a gallon. Today, its 3. 47. The s p 500 large cap stock index crossed 1,000 for the first time. Today it crossed the 2,000 mark. The mid to late 1990s were all about tech companies. But today its more balanced. Its interesting. If you loo
The First Time Ever in intraday trading and marking the latest milestone in the stock markets historic bull run. Corporate takeovers, which well have more on in just a moment. And hints of more stimulus from the European Central bank help stocks hit that psychologically important number. Adding to the enthusiasm, a report from the chicago Federal Reserve, which shows Economic Activity expanding at a rate above its historical trend. By the closing bell, the dow rose 75 points. The nasdaq added almost 19 and the s p 500 up nine and a half points closing at 1997. 92. Dominic chu has more on the 16year journey for the s p 500 to cross that 2000 mark. Reporter february 2nd, 1998. Remember what it was like back then . The average price of gasoline was 1. 06 a gallon. Today, its 3. 47. The s p 500 large cap stock index crossed 1,000 for the first time. Today it crossed the 2,000 mark. The mid to late 1990s were all about tech companies. But today its more balanced. Its interesting. If you loo
Trading and marking the latest milestone in the stock markets historic bull run. Corporate takeovers, which well have more on in just a moment. And hints of more stimulus from the European Central bank help stocks hit that psychologically important number. Adding to the enthusiasm, a report from the chicago Federal Reserve, which shows Economic Activity expanding at a rate above its historical trend. By the closing bell, the dow rose 75 points. The nasdaq added almost 19 and the s p 500 up nine and a half points closing at 1997. 92. Dominic chu has more on the 16year journey for the s p 500 to cross that 2000 mark. Reporter february 2nd, 1998. Remember what it was like back then . The average price of gasoline was 1. 06 a gallon. Today, its 3. 47. The s p 500 large cap stock index crossed 1,000 for the first time. Today it crossed the 2,000 mark. The mid to late 1990s were all about tech companies. But today its more balanced. Its interesting. If you look back into the 1990s, when it w
We will tell you about that. And jim cramer warning of a top for stocks possible. Last night he did it on mad money. We will hear the sound that could shape the markets. Youll find out what others are saying as well. First lets check in with sue at the nyse. Sue . We have a modest market gain but we have a big stock, individual stock, on the move right now. Seema mody joins us with the news. Thats right, check out riverbed technology. Elliott management has increased its offer to acquire the company for 21 a share. It had previously offered 19 a share. Elliott has about a 10. 5 stake in riverbed. The stock up better than 5 . Sue . Thank you very much. We will keep an eye on that. We are also keeping an eye on shares of tesla, up 16 on a bullish call from Morgan Stanley. Consumer reports also loves the company and so does wall street, as you can see its up better than 600 in a one year period. You heard me right, 600 . Phil lebeau with more on Consumer Reports top cars list and a first
Did rise 28,000 and europe remains in another tight premarket range today. Our road map with another tough day in retail. Challenges continue at sears and best buy. Both brands declare a bare market Consumer Electronics. Apple the new weather. And internet ipo jd. Com pr e prices in the range. What it means for alibaba, the market, feature of ecommerce. Can we maintain yesterdays rally. Positive data from china but claims elevated. And one very steamed darden investor, starboard, launches a fight for the entire board of directors at darden, all of it or much boiling down to the sale of re red lobster announced last week. Best buy first up reporting better than expected operating profits of 33 cents a share in the First Quarter. Revenue and comp sales did miss. The company says it expects to see ongoing industrywide sales declines in many Consumer Electronics categories. Sears posting weaker sales, First Quarter losses came in wider than expected. The best buy story, though, is marginal