Delivering we have all the details. Power lunch starts right now lets take a look at the markets now. Stocks just slightly higher putting them in record territory. All three indices hitting all time highs check out shares of disney the big dow winner again today that stock is up another 3 . Now more than 14 in the month of november alone. The dow and s p 500 hitting new record highs today bob is at the New York Stock Exchange every time we tick up its a new high hey, another record high people are remaining very bullish, are they not in. Shockingly bullish. Its the diversity of the rally that made peel bullish its not just the fantasy. Its quite amazing theres two things you want to market about the market in november the lows for the day are right at the open and the mark is driven upward. This is a notable print in november thats not always followed in many other months. Second thing you want to know is the stunning diversity of the rally. You rarely get this kind of thing. Boeing an
Later, chipotle, one of the best stocks the ceo will join us power lunch starts right now welcome to power lunch check out the markets and the performance here today the record rally hitting a roadblo roadblock. Hanging onto gains ever so slightly here. Take a look at microsoft that stock hitting a fresh record high today. Its now up 50 so far this year well have more on that later. Tech stock really on tear having the best year since 2009 up about 41 bill, over to you. Thank you we start with two of the big movers today kohls and home depot. Accounting for nearly all the declines today both stocks sinking after slowing in sales are these retail reality check lets head over to bob for more on todays retail wreck. Hello good to see you. This is a difficult question right now because there was a lot of questions on the Conference Call about this home depot sales missed to what they call timing of certain Investment Initiatives whats that all about . Its up almost 40 for the year. Now its
Highprofile alumni who continue to shape the Business Community including Morgan Stanley chairman and ceo james gorman. Im very surprised at where rates are. Id expect by the end of the year, the 10 year would be 3 . I was dead wrong. Jason we will hear more from james gorman in other chats and many topics are also covered in this weeks issue. Carol that included a top story, the u. S. China trade war. As goodwill lifted financial markets, financial editor peter coy warns of consequences. Peter in a way, it is as if the u. S. And china seem intent on dividing the world into two separate spheres, which is really globalization in reverse, and to use a more recent analogy, it is more like the period after world war ii and the cold war when there was a soviet bloc and the western countries. And not doing very much commerce with each other. Very separate, and that was not good for prosperity for anyone, and risk is we will go that way now. Carol we have smart conversations at the Columbia B
Profiletalked with high alumni that continue to shape the Business Community including. Organ stanley chairman ceo [indiscernible] well hear from james gorman at other chats we had up Columbia Business School and many of those topics, they are week. D this that included a top story war. Week, u. S. China trade however, economics editor warns of unintended consequences. U. S. s almost as if the and china same to be intent on twoding the world into separate spheres just like really globalization in reverse. Use a much more recent analogy, its like the period ii and the cold war when there was soviet blocked comiccon and western doingies really not commerce with each other. That was not good for prosperity anyone. Conversationst with the Columbia Business School this week. Talked about u. S. China trade. Theres too much to be lost on both sides. If the United States and china dont work together. That is right. Involved, yougos get other things aside from the economy involved Like National
Including Morgan Stanley chairman and ceo james gorman. Im very surprised at where rates are. Id expect by the end of the year, the 10 year would be 3 . I was dead wrong. Jason we will hear more from james gorman in other chats and many topics are also covered in this weeks issue. Carol that included a top story, the u. S. China trade war. As goodwill lifted financial markets, financial editor peter coy warns of consequences. Peter in a way, it is as if the u. S. And china seem intent on dividing the world into two separate spheres, which is really globalization in reverse, and to use a more recent analogy, it is more like the period after world war ii and the cold war when there was a soviet bloc and the western countries. And not doing very much commerce with each other. Very separate, and that was not good for prosperity for anyone, and risk is we will go that way now. Carol we have smart conversations at the Columbia Business School this week, featured in our show this week, and we