is a small business getting a big boost from this political race and also capitalizing on a growing industry here in the granite state which we talk a lot about. the democratic contenders for president are making a final pitch to supporters before everybody heads to the polls tomorrow. after the disaster that was iowa, they certainly want to make sure every evening. we ll get to all of that. first we begin with fox business team coverage of the stop stories of the day. blake burman is at the white house. susan li on the floor of the new york stock exchange. blake, first to you. reporter: on this day president trump trying to steal the spotlight a bit from democrats as he set to head any moment now to new hampshire for a campaign rally there later this evening. earlier today the the tried to needle some of those democratic candidate taking to twitter at one point, connell, the budget calls for $740 billion in defense spending. 150 billion less than that in non-discretionary sp
Make big money if this cvs deal closes well tell you how much. Trying to count it up coming up first as you know, President Trump made this major announcement on israel today which could destabilize the middle east this coming just a day after carlisles David Rubenstein told cnbc the only thing that the market needs to worry about is an unexpected geopolitical event. The only thing we have to worry about in 2018 or 2019 some unanticipated geopolitical event, the black swan. But right now short of those kind of things i think the economy is reasonably good shape and probably going to be spurred on by the taxbill. Lets get to cnbcs eamon javers for a recap of eat vents. The president decided today to recognize that the capital of israel is in jerusalem breaking with longstanding u. S. Policy the president cast this as simply acknowledging the reality on the ground in jerusalem and said that he was fulfilling a Campaign Promise heres what he said earlier today. Today i am delivering ive j
Their worst drop of the year helped propel the Broader Market l today. Investor attention turned to washington. Above the the testimony from atto Jeff Sessions and the Federal Reserves twoday policy meeting. More on those stories in just a moment. First, a look at the numbers. The Dow Jones Industrial average rose 92 points to 21,328. The nasdaq advanced 44. The s p 500 was up nearly 11. And with stocks at or near new highs, a new survey shows a Record Number of investors say stocks are overvalued. Bob pisani h reporter the markets are back in record territory after snapping a twoday tech slump. Beyond tech, a broader debate is emerging over whether equities overall are overvalued. Bank of america released the results of a survey today and 44 of respondents said they think the stock market is expensive. Its the highest level ever. Rougy 50 believe global profits will continue to improve. Thats good news, but it suggests the markets are vulnerable to profit weakness down the road. You m
Yearend edition of the closing bell. We are finishing the sixth year in a row of gains for the dow. By my math of the last six years, this year will only come in number five. It will rank the fifth best performance. The only one that was number six is 2011. The others outperformed what we did this year with the gain on the dow thereabouts. Here we are. The dow down 82 though. Just off the lows aft session. S p down 13 and the nasdaq is down half a percent today down 25 points. Lets wrap up what we saw today in the markets and in 2014 overall with the closing bell exchange. Keith fitzgerald and david sourbee. Everyone happy new year to you. Absolutely. Thank you for joining us. Monica hindsight is always 20 20 but if we have rewound to january of this year people were saying okay the markets going to cool down for equities. We are going to see yields start to rise. 10year around 3 where we started and oil stable and almost none of that proved to be the consensus by now. What say you ent
Well ut dow posting its biggest oneday gain since early february. All ten s p 500 groups are higher with Energy Leading the way. Weve got bob pasani on the nyse floor, dominik right here at hq. What can key Technical Levels and josh lipton on the very tough month for tech. Bob, you first. Blastoff around the globe this week. China from the outset ended near the highs. Germany starts early today. U. S. Starts at 9 30 eastern time. Theres a pat he were here. Global buying. You can blame it on comments from the peoples bank of china officials. Whatever. Theres the s p futures. We actually gapped up twice. Once at 330 when europe opened and once at 9 30 when we opened. Were at the highs for the day. In terms of sectors, i have been of the opinion that we are seeing some end of the month rejiggering since the beginning of last week. Were seeing it again today. The biggest losers for the quarter are Energy Financials utilities, and industrials. Those are the only four sectors down on the qua