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Morning. Dow, nasdaq and s p scoring fourth straight month of gains. One of americas old retailers filing for bankruptcy. Lord taylor hit hard by the coronavirus pandemic. Surprising results of new study ahead. Mornings with maria is live right now. Dagen global action, european markets up across the board. The euro zone economy showing signs of some growth, purchase Managers Index there for july coming in at 51. 8. Anything over 50 shows growth. In asia overnight mostly higher, private survey of chinas Manufacturing Activity showing growth for july. Purchase manager index hitting 9year high. Gold shines, on a roll closing in on 2,000 an ounce. White house officials and democrats set to meet again today to discuss covid19 stimulus bill. Cheryl white house chief of staff mark meadows says we still have a long way to go and hes not optimistic about reaching a solution s ....
Up 125 points. After two days of selling we are seeing some Market Action to the upside. We are above the 13,000 mark, well above that. 13,076. The nasdaq squeezing it out. Concern for apple, but financials are doing well. Lets take a look at the group. Laying off 11,000 workers, that is the plan. A new ceo in place and he wants to make his mark. Up 6. 5 . It is under pressure, nowhere near 700 for the alltime high in september. The latest findings other actually going to use the market share for the ipad to the android in some microsoft folks, theyre facing intense competition. With the findings you see stocks down 4 . Back to you. Melissa interesting. Lori thank you. Melissa a battle for a deal inn the fiscal cliff continues, democrats cannot seem to find a compromise on top earners. Rich edson is back in the white house with more. President obama said look, if republicans agree to my tax plan, we can get this deal done in a week ....
The industry setting up to get really pummeled if they dont doing do something about sequestering. Back down to the floor of the new york stock exchange, happy new year, first time seeing you, nicole. Whats the word on the floor this morning . A lot of optimism. Happy new year to you as well. A lot of optimism, positive stocks here, up arrows, vix, fear insex, and five year low, youre seeing deals moving higher today, 1. 83 for the tenyear, gains across the board, all of this, obviously, a couple thicks happening here. Number one, you have lawmakers in washington averting the fiscal cliff, coming to a decision, avoiding disaster, potentially, and with that, theres on optimism here on wall street, s p 500 up 1. 7 , and dow up 226 right now, winners, people stepping in, had been on the sidelines, cashed out in december and throughout last year, concerned about taxes. They took profits and are going to get back in, traders say well see the january effect where people get in here and get b ....
Rarely backed where we were in 07. Cheryl melissa and lori, you have another hour. Melissa dennis is always so optimistic. I love that. Lori it is a good balance. Always need to opinions or more. Melissa good evening, everyone. Lori the dow about 150 points away from closing at an alltime high. More with us on why companies are not quite as optimistic. Melissa the freshman representative returns to tell us what he learned and if you still is hopeful he can break washingtons bad habit. So i dont know. Lori but the market is waiting to hear from in the market. Lou dobbs weighs in. Melissa Nicole Petallides standing by. The dow at the height of the day right now. Nicole that is right. That is really where we are sitting at this time, the nasdaq composite slightly higher and a gain of one quarter of 1 the best they continue to watch the market trend to the upside so many traders waiting for some pullback yet they dont think it is c ....
From Cyber Attacks. The president issuing an executive order to help america fight back against attackers. Does the plan go far enough . Michael chertoff joins us with more. Lori is hiking the minimum wage a problem . Fighting back against president obamas plan to raise the minimum wage by 1. 25 per hour. Melissa postmaster general warning it may need 45 billion bailout if congress doesnt act now. Oh, boy. Lori oh, boy. Stocks now as we do every 15 minutes. Lets check in with Nicole Petallides. The dow pulling back after yesterdays record high. Nicole that is right. We are off of lower lows of the day, but yesterday closed with a record high close that we havent seen since 2007. We have been hovering around 14,000 mark for the Dow Jones Industrial average. The bank index and drug index or lower although one of th ....