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Bullish like the one of we had today, 174 points. S p 50012. 67 and nasdaq at a new high. I tend not to like those figures as indicators, spoonfed. That doesnt change the fact this is what investors really care about. However, there are a couple of joyous weeks every quarter their collective results control the allegation of trading, they sent the tapestry and mosaic and service the evidence how companies are doing and how their stocks are performing and how weak the economy might be. Before i go to the micro that influenced companys action today. I need to give a nod to the winds that allowed this bullish fire to rage. They came in at a two month old and technically oversold. The financials one of the highest in the market. Theres so much worry about the upcoming French Election on sunday. Third treasury, secretary steve mun nu shan predicted we get meaningful tax reform this year due to the looming debt ceiling stalemate. You c ....
Of data on the docket. Building up to fridays jobs report, today we have december auto sales. Tomorrow, its ism nonmanufacturing and factory orders. Wednesday we get the adp. And well have International Trade and minutes from the last fmoc meeting. And thursday the initial claims and the friday payroll report. How are traders viewing 2015 . So far with a slant to rise 8. 2 this year. The big drivers they are looking at economic expansion and earnings growth. Oil prices dominating the market this morning with wti and brent losing half their value since mid2014 with prices falling to 5 1 2year lows this morning. Among the headlines, iraqs oil exports were at the highest level since 1980 last month. Also, we can tell you the new congress meets this week and the incoming chairman of the Senate Commerce and Transp ....
There are changes, challenges, and still some unanswered questions. All of that and more tonight on nightly Business Report for friday, november 14th. Good evening, everyone. Welcome. Im tyler mathisen. Susie gharib is off. Tonight, much of the country is seeing the first blast of winter and today stocks acted as if they were frozen in place. The dow, nasdaq and s p with little change but whos complaining . For the past four weeks, all winners felt like a month at the beach following an early autumn stretch. The dow down a modest 18 points but the nasdaq was up by 8 and s p 500 ended a fraction of a point higher but that was just enough to mark the indexs 41st record close this year. For the week, the dow rose a fraction and s p edged a little higher, as you can see there. Bob pisani with more on what has been dragging the markets higher since the lows just a month ago. Its been an up and down week for the stocks with only fracti ....
And still some unanswered questions. All of that and more tonight on nightly Business Report for friday, november 14th. Good evening, everyone. Welcome. Im tyler mathisen. Susie gharib is off. Tonight, much of the country is seeing the first blast of winter and today stocks acted as if they were frozen in place. The dow, nasdaq and s p with little change but whos complaining . For the past four weeks, all winners felt like a month at the beach following an early autumn stretch. The dow down a modest 18 points but the nasdaq was up by 8 and s p 500 ended a fraction of a point higher but that was just enough to mark the indexs 41st record close this year. For the week, the dow rose a fraction and s p edged a little higher, as you can see there. Bob pisani with more on what has been dragging the markets higher since the lows just a month ago. Its been an up and down week for the stocks with only fractional gains with the major indic ....
And still some unanswered questions. All of that and more tonight on nightly Business Report for friday, november 14th. Good evening, everyone. Welcome. Im tyler mathisen. Susie gharib is off. Tonight, much of the country is seeing the first blast of winter and today stocks acted as if they were frozen in place. The dow, nasdaq and s p with little change but whos complaining . For the past four weeks, all winners felt like a month at the beach following an early autumn stretch. The dow down a modest 18 points but the nasdaq was up by 8 and s p 500 ended a fraction of a point higher but that was just enough to mark the indexs 41st record close this year. For the week, the dow rose a fraction and s p edged a little higher, as you can see there. Bob pisani with more on what has been dragging the markets higher since the lows just a month ago. Its been an up and down week for the stocks with only fractional gains with the major indic ....