Sue herera is off tonight. Well, door busters for stocks on this black friday, consumer were out shopping for bargains while investors returned from thanksgiving to buy up equities. The dow, the s p 500, the nasdaq and even the small cap russell 2000 all closed at records. Extending the rally seen since election day. Stocks have risen sharply on expectations that the president elect will cut taxes, redu reduce regulations and spend heavily on infrastructure. Today, the dow industrial average rose to 19,152. The index closed at a record every trading day this week. The nasdaq added 18. S p 500 was up eight. And the major indexes saw their Third Straight week of gains. About 1 57b9. 5 . The old cliche is that the markets hate uncertain thety. Trumps election removed some of that, but the markets power fu raply since november th is built on a lot of promises and campaign intentions often improve hard to achieve, so, our stock, pricing in too much anticipation right now. Here to discuss is
Sue herera is off tonight. Well, door busters for stocks on this black friday, consumer were out shopping for bargains while investors returned from thanksgiving to buy up equities. The dow, the s p 500, the nasdaq and even the small cap russell 2000 all closed at records. Extending the rally seen since election day. Stocks have risen sharply on expectations that the president elect will cut taxes, redu reduce regulations and spend heavily on infrastructure. Today, the dow industrial average rose to 19,152. The index closed at a record every trading day this week. The nasdaq added 18. S p 500 was up eight. And the major indexes saw their Third Straight week of gains. About 1 57b9. 5 . The old cliche is that the markets hate uncertain thety. Trumps election removed some of that, but the markets power fu raply since november th is built on a lot of promises and campaign intentions often improve hard to achieve, so, our stock, pricing in too much anticipation right now. Here to discuss is
Cramer. You can see the dax, which is not having a great year is up. France and the ftse is down ever so slightly. 10year note yield and wti right at 50 bucks and brent a bit above that. The yield at 1. 854. Lets get to our road map this morning. It begins with more painful retail. Were going to break down all of the big earnings that are out this morning on that front. And is the ipo market back . There are Six Companies making their debut today. U. S. Foods we just mentioned here at the nyc, set to be the second largest initial Public Offering on the year. I think Mgm Properties will be the largest still. And what role will apple play in the future of television . The deal, i dont want to say it, were going to talk about this fun story. Its fun. Its never going to happen. Kim jong jim if you havent seen that one. I dont think of you as the fearless leader. No, and i havent spent a lot of time with Dennis Rodman either. Crude surpassed 50. Stock futures also up following on the gains
Continued to percolate higher and higher. Despite everybody being on vacation. Stocks are coming off of a record setting session from yesterday. The dow t s p 500 and the nasdaq all reaching new highs on the same day. Thastz the first time that has happened since december 31 of 1999. Folks this is almost 17 years ago. A little context on that, the top movie at the box office when that happened was football drama, any given sunday starring all pa menechino and maybe this dates me. I remember. I remember watching that movie. Take a look at this, u. S. Equity futures at this hour up 11 points. If youre looking at the dow futures. S p up just over a point and the nasdaq up 2. Overnight in asia, looks likes the shanghai comp was up 1. 6 . The hang sang up us. 8 . The nikkei up 1 . And the early trading in europe right now, see what the markets are mixed, but not Much Movement one direction or the other. The dax is down by about a quarter percent. The cac and the ftse are relatively flat. Ta
Tampa. Maybe, that may be a little bit warm and humid. 80 degrees at 9 00 a. M. Temperatures 79 in lakeland. 79 sebring. 82 out in palm dale forecast for today temperatures back into the low 90s. 50 percent rain chance for today. Dropping off a bit for tomorrow. Back up to 50 percent as we head into sunday. Vanessa. All right, and roadways starting to wind down after a pretty busy morning. Were in polk county checking out i4. This was scene earlier wreck both eastbound a near 557. We had a jack knife semithat was blocking exit ramble you can see thats clear and also one point left lane blocked eastbound. You can see that looks pretty good there right now. No big complaints here. We will check in on this emergency sewer work. Reminding folks throughout morning of this bay to bay boulevard will be closed 1 inside eastbound lane, 1 inside westbound lane. Area effect between concordia and ferdinand avenue a couple blocks to the west of the selman project wraps. Thats expected to be close o