Sometimes the stock goes higher because the company it represents is solving unmet needs. Thats what got me going today as s p advanced pts 3 and nasdaq. 75 . Really hang in there despite this threat of higher interest rates. Lets give credit where credit is due. He put this idea in my head last week when i interviewed him at the ugg Australia Store on madison avenue. He explained to me his whole career has been about inventing new products that address unmet needs. He invented the first aerobic shoe at reebok. He invented a casual dress shoe, ro rockports and sneakers that help people with knee damage return to running after years of overwhelming pain if we attempted it and hes come up with a shoe specifically designed for the active yoga enthusiast. A group probably growing faster than any other athletic cohort at the moment. Decker has been on fire. Another 52 week high today. Which brings me to a host of other companies solving unmet needs beginning with, yes, of course t Company E
Dog for wandering onto her property. He took a lead pipe and he beat the dog until he thought that the dog was dead. Reporter police here are working toward a peaceful conclusion, but it could take time. They say dikes has been known to stay inside the shelter for as long as eight days at a time. Marlie hall for cbs news, midland city, alabama. An alaska arlines jet was forced to make an Emergency Landing when the pilot lost conscious necessary. Flight 473 was en route from los angeles to seattle last night. It was over oregon when the pilot passed out. The jet was diverted safely why the doctor treated the pilot. The copilot landed the plane safely. There were 115 passengers and five crew members onboard the boeing 737. And through the night rescue crews in mexico city have been searching for people who were trapped by an explosion. At least 75 people or rather 25 people were killed by yesterdays afternoon blast in the basement of a downtown tower. More than a hundred others were inju
Seekers. The focus squarely on tomorrow very critical january jobs report. Melissa speaking of jobs, Problem Solved . President obama breaking up his jobs council after two years and a whopping total of four meetings. That is a lot of work. Lori the worlds biggest drug makers with the competition from generics keeping them on the hamster wheel. There is good reason to be optimistic on the big pharma stocks. They will tell us why. Melissa and a possible conflict between israel and iraq. Lori an update on the market and this thursday afternoon. 15 minutes since we last heard from it the New York Stock Exchange. Last trading day of the month. Off about 16 points. Nicole this has been a really stellar january. Dont forget since 1950, 83 of the time as goes january, so goes the year. The major averages gaining him a big way and the s p 500. We will see that holds for the year. The one index squeezing out a gain. From positive territory into ago. The dollar has weakened, helping equities alo
Expected 195,000 jobs were added, and the Unemployment Rate will tick down to 7. 7 . January joy the first month of the year was a good one for the stock market. The dows top performers gained nearly 6 , and among the Commodities Oil had its best start of a new year since 2006, which pumped up prices at the gas station. The average cost of gallon of unleaded jumped 13 cents this month. And in legal action, peregrine ceo Russell Wasendorf will get 50 years in prison the max for cheating investors out of 215 million. Todd horwitz of the adam mesh group joins us now. He has a closer look at the jobs trade. What are you expecting in trading off the jobs number today . Good morning. All signs the whole week pointed to this one number. The expected number for the forecast is 195. The expected number is 215. If were not north of 215, i think the market is going to be in for a little bit of a rocky ride today. Todd, as you know, they often say, as goes january goes the rest of the year. This w
melissa: welcome. i m melissa francis. lori: i m lori i i rothman. voting to delay a tax on the bailout, and now there s reports the finance minister is stepping down. we have reaction with the trading president, the former cypress trade representative to the u.s.. he ll be joining us. treasury secretary jack lew meeting with the chinese president on the agenda of growing concerns about china ease role in cyber attacks. melissa: targeting seg represents in new york a week after a judge rejected the ban on large drinks. we get the verdict with the judge andrew going after soda, ear buds, cigarettes, what s next? seriously. lori: only can guess. it is back down to the floor, new hour here on markets now, and i know cypress is driving action again today. it is. we are seeing headlines that the president will be talking with angela merkel, obviously, another development pertaining to what we see in cypress, which then, obviously, really rules the e.u. markets and our market