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You can see the dow is reacting. The nasdaq has turned positive by. 1 or 12 points and we are entering, of course, the most crucial month for the retailers. Many stores still shut down but the stocks are rallying, especially Department Stores, as you see right there. Look at the macys, and nordstroms. Once again, power lunch starts right now. Thank you, tyler im kelly evans. We begin with the markets this hour the dow was up 11 in november that would be a good year. It would certainly make it the best month for the index since 1987 up 25 today. Dom chu has more on the action its a catchup trade for the dow. It has been for the better part of 2020 lagging behind certainly the nasdaq composite and in some cases the s p 500 as well. Remember, the green lighne, the nasdaq far outperforming other indices. Now the dow trying to play a little bit of catch up here. A good month for the dow shaping up well see if it holds as we head tow ....
A next the next gear. Yeah, if you went out for lunch, like came back and checked the market, you went, what the heck happened yes. Ooersheres a look at our se heat map energy dealing well, had of course the opec extension, industrials, financials, goldman the best performer in the dow. Those are all the big winners. Ug the ten year yield is creeping up a little bit today. Real estate also in the red. Coming up, well go to washington for an exclusive interview with senator Chuck Grassley about tax reform. Chairman of the Senate Judiciary committee. The dows rise, 24,000, has been rapid compared to other big milestones a few of the signature trader hats for each milestone on set with us here courtesy of our friend, the trader peter tuchman, one of the most famous traders on the floor, looks like albert aeinstein if we can zoom out for a second, so we crossed 20,000 january, ....
1800743cnbc. You want to get a sense of just how important this i hate to even say it anymore fiscal cliff is . Today we got an incredible employment report from the labor department. With 146,000 new jobs. I was looking for 90,000. The Unemployment Rate dropping to 7. 7. I thought it might be 8 . And all this despite the effects of Hurricane Sandy. Who knows how high we could have been if it werent for that darn hurricane . Yet the market barely blinked. Yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. Hence the mixed performance of the averages today. Sure, dow gained 81 points, but the s p barely budged, edging up 29 . And the nasdaq actually declined. 38 , led once again by the slip sliding away apple, which you know i like, but how many times during a particular show can i say i like it . So with that ....
My job is not just to entertain you but im trying to educate and teach you. Call me. 1800743cnbc. You want to get a sense of just how important this i hate to even say it anymore fiscal cliff is . Today we got an incredible employment report from the labor department. With 146,000 new jobs. I was looking for 90,000. The Unemployment Rate dropping to 7. 7. I thought it might be 8 . And all this despite the effects of Hurricane Sandy. Who knows how high we could have been if it werent for that darn hurricane . Yet the market barely blinked. Yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. Hence the mixed performance of the averages today. Sure, dow gained 81 points, but the s p barely budged, edging up 29 . And the nasdaq actually declined. 38 , led once again by the slip sliding away apple, which you know i ....