Hike the minimum wage in 2017, but what might a Trump Presidency mean for the federal wage . And smartening up. Why experts think smart homes will make their mark in 2017, and what homeowners and buyers should know. All that and more for this friday, december the 30th. Good evening, everybody, and welcome. Im bill griffin in for tyler mathisen. Im Contessa Brewer in for sue herera. After what was the worst start to the year, the major averages all had their best performance in several years. As for today, it wasnt all fireworks and streamers to end 2016 with stocks ending on a threeday losing streak. Today the dow lost 57 points to 19,762. The nasdaq fell nearly 49 and the s p dropped 10, but here come the big numbers. Ready for this . For the year, the dow rose nearly 13 1 2 , its best performance since 2013. The nasdaq gained 7 1 2 , and the s p jumped 9 1 2. The best showing for both since 2014. Oh, lets not forget about oil here. Domestic crude soared 45 , its biggest gain in seven
Hike the minimum wage in 2017, but what might a Trump Presidency mean for the federal wage . And smartening up. Why experts think smart homes will make their mark in 2017, and what homeowners and buyers should know. All that and more for this friday, december the 30th. Good evening, everybody, and welcome. Im bill griffin in for tyler mathisen. Im Contessa Brewer in for sue herera. After what was the worst start to the year, the major averages all had their best performance in several years. As for today, it wasnt all fireworks and streamers to end 2016 with stocks ending on a threeday losing streak. Today the dow lost 57 points to 19,762. The nasdaq fell nearly 49 and the s p dropped 10, but here come the big numbers. Ready for this . For the year, the dow rose nearly 13 1 2 , its best performance since 2013. The nasdaq gained 7 1 2 , and the s p jumped 9 1 2. The best showing for both since 2014. Oh, lets not forget about oil here. Domestic crude soared 45 , its biggest gain in seven
And holiday sales up 22 but profit falls short. Shares of microsoft are up after beating the streets expectations. The Company Recording more than 25 billion in revenue for the quarter. And carl icon getting three seats on the board. First up, the dow and s and, p on rise for the worst january. Gdp up. 7 and that comes after the surprise rate hike by the bank of japan. And the nasdaq is down 10 here today. Dow is nearly 7. 8 decline and s p down. And the russell is worse 11 or so. And utilities and telecomin the green. Its very telling. Its just a terrible month and youll see numbers that are fabulous, like american airlines. Four times earnings, like, i could not believe down to 726 million shares but then theres a virus by mosquitos that makes people not want to travel. Just in time for the olympics this summer. And suddenly you have a situation where i dont care how good it is. I use that as a metaphor. Apple, china, wait a second, i dont care how good it is. Drug companies, i dont
Has delivered quite a jolt. Call it a double dose of red bull or not, the bulls not in charge today, the bears were. And technology and Financial Services shares led to major market barometers down. It was their worst day collectively since late july and the fourth day in a row for triple digit moves, three of them down were dogs. Words about world growth and soggy Economic Data set the tone, goods tumbled, biggest monthly decline ever mostly on the demand pullback for aircraft. Also the first time for jobless claims rose 12,000 even though theyre still sitting near sevenyear lows. All stocks dipped, closing back below 17,000, nasdaq down 88, nearly 2 , and the s p 500 dropped 32. Bonds rallied as investors took cover in treasuries, yields on the tenure fell to a twoweek low. Now, a look at todays drop and why big moves are suddenly back on wall street. It was the fourth day of triple digit moves in the dow. Slowing growth around the world was an issue for the markets earlier in the we
Has delivered quite a jolt. Call it a double dose of red bull or not, the bulls not in charge today, the bears were. And technology and Financial Services shares led to major market barometers down. It was their worst day collectively since late july and the fourth day in a row for triple digit moves, three of them down were dogs. Words about world growth and soggy Economic Data set the tone, goods tumbled, biggest monthly decline ever mostly on the demand pullback for aircraft. Also the first time for jobless claims rose 12,000 even though theyre still sitting near sevenyear lows. All stocks dipped, closing back below 17,000, nasdaq down 88, nearly 2 , and the s p 500 dropped 32. Bonds rallied as investors took cover in treasuries, yields on the tenure fell to a twoweek low. Now, a look at todays drop and why big moves are suddenly back on wall street. It was the fourth day of triple digit moves in the dow. Slowing growth around the world was an issue for the markets earlier in the we