Whatsoever theyre pure slight of hand. Do i have more pencil . Stocks are also exactly what we need to help keep this market moving higher like we did today with the dow gaining 290, s p jumping and the nasdaq 2. 13 because apple and tesla gave you fantastic news about what it should be a 4 for 1 and 5 for 1 stock split respectively again, no new value but boy, do people love it theres a reason we have to feed the bull with more nourishing stock blitz and ill tell you why. Years ago individual investors deserted the stock market with the implosion of 2000, 2001 and financial crisis of 2007, 2009 they gave up on the asset class and started tiptoeing back, looked enticing and something would go wrong 2015 mini crashes. But in the past few years, beaten down individual investors, a lot of younger investors intrigued by low to no commissions. Finally started buying stocks again. Despite all the gray beards telling you its impossible to beat the market, despite the supposedly brilliant Mone
Last night. Meantime, cnn has learned investigators are struggling to bring officer sicknicks kill tore justice. Cnn security correspondent Josh Campbell is starting us off this morning in washington. Josh, so remarkable to be back at the scene, just a month after officer sicknicks death. Reporter thats right. Laura. And this was the Scene Of The Crime, this was the same building that former officer sicknick protected for over a decade inside at various time with the Capitol Police. A solemn ceremony as you mentioned last night, a hearse arrived at the east steps of the capitol carrying the remains of the fallen officer. Once inside the rotunda, two officers escorted his remains and an American Flag into a table at the center. We saw members of congress and his former colleagues with the Capitol Police file in, paying their respects. A very solemn, a very quiet moment, again, for this fallen officer. Now, we got word just before 10 00 p. M. Last night that the president s motorcade had
Road map begins with records, records and more records the dow within striking distance of 29k for the first time. Plus hiring did cool in december but unemployment is at a 50year low and job gains extended for a record ten straight years, so whats it going to mean for the growth in 2020 plus these damning documents newly revealed boeing messages reveal efforts to manipulate 737 max regulators todays december payrolls number means 2. 1 million jobs were added last year, a slowdown from about 2. 7 million in 2018, coming in at 2. 9 year on year threemonth average, jim, 184 now and we got some milder visions down to october and november one of the things thats missing that makes this difficult for me is boeing boeing is such a big part of the gdp and i dont know which part, manufacturing little changed in december, how much that is boeing because everything has to be asterisked i think thats how big boeing is for the economy. It doesnt reflect this. I mean, youve got the wrong areas gett
Tenth Straight Record close driven by all the names that worked all winter long plus a strong read on Retail Holiday shopping numbers do not disappoint. And jobless claims fall pointing to continued strength in the labor market joining us for the hour, anastasia om row sew it is great to have you with us. Great to see you. What do we make of this its typical. We melt up into year end i mean, think about all the things that got resolved in december weve got the phase one basically a done deal between u. S. And china maybe a little bit overlooked by the usmca getting passed by the house. Weve got a lot of good enthuse. We started to see the inflection point. Whats interesting in the internals of the market is what people are buying. What do you do when the s p is up almost 30 for the year you start to look for the laggards its emerging markets, health care, energy those are the ones rallying the most to break down those areas you see opportunity over the course of the hour. For now lets
Before the open this morning along with twitter overnight in asia, you will see what was happening there the nikkei ended down by almost half a percentage point. Hang seng was down by 0. 7 shanghai in china, you did see stocks higher. Up by a quarter percentage point. In europe, the three major averages had all been in the green. The dax up by 0. 3 the cac up by 0. 4 the ftse up by more than that. Italy and spain stocks there weaker spain down by 0. 7 in the treasury market, again with the gdp number coming up later this morning at 8 30 the tenyear yielding 2. 069 everything that happened with the ecb yesterday what that means for the fed, well talk about all that coming up in a bit. On the squawk planner, we have first look at gdp in the Second Quarter thats on tap. Forecasters expecting an increase of 1. 8 after a surge of 3. 1 in the First Quarter on the calendar we will hear from twitter, mcdonalds before the opening bell next week it gets crazy. It is the busiest week of earnings