But today was different. And historic. It took just a twopoint gain for the s p 500 index to cross and close above the 2000 level. Its 30th record so far this year. There was some euphoria about the dow, as well. The blue chip average hit a record high of 17,153 in intraday trading but pull back by the close. Some good Economic News helped fueled todays gains. Consumer confidence climbed to its highest level since 2007. Also driving stocks, an unusually high number for big ticket orders called durable goods. Those numbers jumped more than 22 . Skewed by International Demand for aircraft and record orders. Heres a look at the closing digits. The nasdaq up 13. And the s p up two points to the new milestone, 2000. 02. Our guests watched every move of the s p today. After all, aaron begins gibbs is with s p capital iq and joins us now. Erin, so nice to have you with us. Thank you. It looks like the s p 500 index is on track for its best august since the year 2000. So 14 years. How do you s
And historic. It took just a twopoint gain for the s p 500 index to cross and close above the 2000 level. Its 30th record so far this year. There was some euphoria about the dow, as well. The blue chip average hit a record high of 17,153 in intraday trading but pull back by the close. Some good Economic News helped fueled todays gains. Consumer confidence climbed to its highest level since 2007. Also driving stocks, an unusually high number for big ticket orders called durable goods. Those numbers jumped more than 22 . Skewed by International Demand for aircraft and record orders. Heres a look at the closing digits. The nasdaq up 13. And the s p up two points to the new milestone, 2000. 02. Our guests watched every move of the s p today. After all, aaron begins gibbs is with s p capital iq and joins us now. Erin, so nice to have you with us. Thank you. It looks like the s p 500 index is on track for its best august since the year 2000. So 14 years. How do you see things going between n
Position but not today. As the feds twoday meeting got under way, the Dow Jones Industrial average saw its second triple lseventh tripledigit move in the last eight. The nasdaq rose about eight points. The s p 500 was off nearly seven. The Federal Reserve so far has been patient in raising interest rates. But that could change tomorrow. As many speculate, the central bank is laying the groundwork for its first hike in almost a deck kate. Steve leisman surveyed some of wall streets Top Economists to see what theyre expecting. Reporter the word is just eight letters, but theres billions of dollars around the globe riding on it. The Federal Reserve looks set to remove the word patience from its statement. A word used to signal there would be no rate hike for at least two meetings. 69 of respondents to the survey say the federal reserv way for possible rate hikes in the months ahead. When . The feds first rate hike in nine hikes has been forecast to august of next year from september. But
Speculators hesitate to take position but not today. As the feds twoday meeting got under way, the Dow Jones Industrial average saw its second triple lseventh tripledigit move in the last eight. The nasdaq rose about eight points. The s p 500 was off nearly seven. The Federal Reserve so far has been patient in raising interest rates. But that could change tomorrow. As many speculate, the central bank is laying the groundwork for its first hike in almost a deck kate. Steve leisman surveyed some of wall streets Top Economists to see what theyre expecting. Reporter the word is just eight letters, but theres billions of dollars around the globe riding on it. The Federal Reserve looks set to remove the word patience from its statement. A word used to signal there would be no rate hike for at least two meetings. 69 of respondents to the survey say the federal reserv way for possible rate hikes in the months ahead. When . The feds first rate hike in nine hikes has been forecast to august of n