Wall street welcome better than expected reports on the economy and more progress o trade. And once again, the gains may have bee slight, but it was stillood enough for more records. The dow a tayrages just a feign of 31 points to 28267. Nasdaq rose about 9 and the s p added just one point but closed higher a fifth straight session, the longest win streak in a month. Bob pisani starts us off tonight from the new yorkck s exchange. Stocks back in record ralmo s p 500 and ow nasdaq closing at new highs the bare 30th record close of the year for the s p. Whats fueling theal rly no major headlines today but the bulls sck with the story o more clarity heading into the end of the year and particularly into 2020. Interest doesnt appear to be a recession in sight in the u. S. E omy. Thats the most important. Look at the data toda instrial production rebounded innovember. Auto production picd u after a nationwide strike ended at jern motors. Housing startslso jumped last month with Single Famil
Maybe you dont care but you do care about the american economy. And boeings news impact us all. We tell you whip process then apple hitting the alltime high today, three analyst have three different takes on the same stock. Well find out who the traders believe is right all that as we begin with an earning alert on fedex not good. Fedex stock down again, missing on earnings and revenues lets get back to eric chemy at cnbc hq with more on the fedex flop. Thats right a disappointing quarter for fedex. Ceo fred smith acknowledged in the release that the fiscal 2020 is a yeerd of continued significant challenges and changes. The the company missed on top and bottom lines setting weak Global Economic cannibus, increased fedex ground costs, the loss of busy from amazon, shift to lower yielding services pb, no competitive pricing environment and late Holiday Shopping season. Looking ahead, the company reduces guidance to reflect lower than expected revenue and higher than expected expenses. F
There watching day vacation live from new york, sydney and hong kong. Counting down to asias major market opens. Australia has just come online, asian equities set for him next open. Amazon and intel jumping read chinas foreign minister is set to meet with President Biden after talks with Antony Blinken in washington and ftx founder Sam Bankmanfried struggles as he testifies at his federal trial. Annabelle im going to wait a few minutes until that becomes online because it seemed like a sentiment shift in the final 10 minutes. The futures contract reopened. It had closed to negative and came online in the last 10 minutes into gains, so the impact of u. S. Earnings from amazon, intel is better than expected. Better numbers, stocks rising, telling us how much of an influence those numbers are having. What else is helping as the pullback in treasury yields and so that is being reflected in the three year and 10 year, the softer dollar the aussie is firmer against the greenback. Asx 200 is
Check out crude oil prices, which went fuderwacken again yesterday, according to mark grant. Wti is up by just 1 , to 46. 36. Brent crude sitting at 44 th49. President trump abruptly fired james comey. Comey learning of the firing while speaking with fbi agents in los angeles. This morning there is bipartisan outrage as congressional members on both sides express concern about the sanctity of the Ongoing Investigation into President Trump and his ties into russia. Eamon javers has more on this continuing to develop story. Good morning. It was a dramatic and Stunning Development last evening as the white house announced that the president fired the fbi director. This is something that caught all of capitol hill by surprise. It caught all of the Law Enforcement community by surprise. It caught the Intelligence Community in washington, d. C. By surprise. Heres what the president of the United States wrote to the fbi director who is conducting an investigation into whether or not officials
Signing on for the show. Were celebrating Home Improvements 25th anniversary with tim allen. Now for september 23, 2016, this is entertainment tonight. We have allnew details about the argument that led to a child abuse investigation against brad pitt. New evidence has surfaced and there is insight that could sway this case. The fbi tells e. T. It is continuing to gather facts about the reported child abuse allegations against brad pitt. Heres the question at the center of the dispute. Was the alleged incident abuse or just a typical father son spat . Heres what we know now. The investigation news broke after angelina fileded for divorce late monday asking for full custody of the couples six children. It seems the filing was prompted in part by an incident that happened on a family flight. Pitt and jolie were flying from france to southern california. Their jet believed to be a Global Express like this one stopped to refuel in international falls, minnesota. A source familiar with the