The nasdaq indicated up by close to 7. 5 points. In asia, you will see the nikkei actually was flat. It was down by 0. 03 hang seng was up bay half percent. The shanghai composite was up by 0. 3 in europe, in the early trading, will you see that right now it looks like things are mostly positive the dax is up by 0. 3 . The ftse up by 0. 6 . A couple big stories uber saying its ceo will head to london to meet with the transportation commissioner of london they will discuss londons decision to strip uber of its operating license. This coming 24 hours after theresa may called londons decision disproportionate. So uber may be back in business in london. Joe mentioned this earlier, big deal in my world ikea announcing its buying taskrabbit, it leets users to hire people to taskrabbit . I know this only because andrew has been into the idea of getting people do stuff for him do you like farming things out. Having underlings do your stuff. I see that here. When if possible. Kates not here tod
Records that were set for all the major averages, as upbeat car sales and expanding growth across the globe helped to lift stocks once again. The Dow Jones Industrial average rose by 84 points, closed at 22,641. Nasdaq added 15. The s p gained five. And the rally isnt just here in the u. S. Its happening pretty much everywhere, as bob pisani explains for us tonight. Reporter stocks remained in record territory today as the socalled reflation trade continues to power the market to new highs. Reflation means expansion of the global economy, a little bit of inflation, not much. Central banks talked about raising rates. In t united states, the prospect of tax cuts boosting corporate profits in 2018. Stocks have been rising in europe and asia as well. Japan hit a twoyear high today and stocks in hong kong were also near a twoyear high. The effect of this reflation trade is that many sectors have been rallying, particularly banks, which do better in a rising rate environment, energy stocks,
Currents swept them out. Jump over one wave and you fly five more feet over. At that point you cant stand anymore. You know, at that point the riptide just starts taking you out and were on it pretty fast, though. The current is so strong that theres pretty much its almost impossible to swim against so they swim the line out, we secure all the victims with a couple lifeguards and we have people heading the 39 pull them back in. Reporter when the last of the swimmers was brought to shore, hundreds of people on the beach applauded the lifeguards efforts. Actually it was pretty good. Guards say the ocean is calmer today but you should always be careful and as always, for your safety lifeguards remind you if there arent guards on duty, its not safe to swim there. In midway beach, im nora muchanic, channel6 action news. We gist realized how rude weve been. With all the breaking news we have never said hello to you. Im brian taff along with. Sarah bloomquist. Good afternoon everybody. Well s
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