Friday, november 21s good evening, everyone. And welcome. Soucie has the night off. The major averages just wrapped up their fifth week in a row of gains and there were more record closing highs for the dow and the s p 500 today thanks to major move the ls moves by two. The peoples bank of china cut benchmark Interest Rates for the first time in two years looking to combat slowing economic growth. Then European Central Bank President mario draghi promised to use whatever means necessary, even buying up sovereign bonds, to boost that regions struggling economy. And with that, investors plowed into stocks in asia, in europe, and right here in the u. S. That sent major averages surging right out of the open before they lost a little bit of steam later in the session. Nevertheless, at the close, the dow was up 91 points, record high, closing above 17,800 for the first time. The nasdaq up 11 and the s p tallied a tenpoint gain. For the week with the dow it was up 1 . The nasdaq up half a pe
Nightly Business Report for friday, november 21s good evening, everyone. And welcome. Soucie has the night off. The major averages just wrapped up their fifth week in a row of gains and there were more record closing highs for the dow and the s p 500 today thanks to major move the ls moves by two. The peoples bank of china cut benchmark Interest Rates for the first time in two years looking to combat slowing economic growth. Then European Central Bank President mario draghi promised to use whatever means necessary, even buying up sovereign bonds, to boost that regions struggling economy. And with that, investors plowed into stocks in asia, in europe, and right here in the u. S. That sent major averages surging right out of the open before they lost a little bit of steam later in the session. Nevertheless, at the close, the dow was up 91 points, record high, closing above 17,800 for the first time. The nasdaq up 11 and the s p tallied a tenpoint gain. For the week with the dow it was up
Good evening, everyone. And welcome. Soucie has the night off. The major averages just wrapped up their fifth week in a row of gains and there were more record closing highs for the dow and the s p 500 today thanks to major move the ls moves by two. The peoples bank of china cut benchmark Interest Rates for the first time in two years looking to combat slowing economic growth. Then European Central Bank President mario draghi promised to use whatever means necessary, even buying up sovereign bonds, to boost that regions struggling economy. And with that, investors plowed into stocks in asia, in europe, and right here in the u. S. That sent major averages surging right out of the open before they lost a little bit of steam later in the session. Nevertheless, at the close, the dow was up 91 points, record high, closing above 17,800 for the first time. The nasdaq up 11 and the s p tallied a tenpoint gain. For the week with the dow it was up 1 . The nasdaq up half a percent, and the s p up
Good evening, everyone. And welcome. Soucie has the night off. The major averages just wrapped up their fifth week in a row of gains and there were more record closing highs for the dow and the s p 500 today thanks to major move the ls moves by two. The peoples bank of china cut benchmark Interest Rates for the first time in two years looking to combat slowing economic growth. Then European Central Bank President mario draghi promised to use whatever means necessary, even buying up sovereign bonds, to boost that regions struggling economy. And with that, investors plowed into stocks in asia, in europe, and right here in the u. S. That sent major averages surging right out of the open before they lost a little bit of steam later in the session. Nevertheless, at the close, the dow was up 91 points, record high, closing above 17,800 for the first time. The nasdaq up 11 and the s p tallied a tenpoint gain. For the week with the dow it was up 1 . The nasdaq up half a percent, and the s p up
Welcome to the willis report. Your somehow, your money, your voice. Tonight a new Government Program to help thh middle class invest for retirement. President obama and the administration started the new today selling it today. Its called my ra. What does it do . Will it help anybody . With us now the chairman of advisers and the president of tfg management will be joined a little later by ed from chatwood capital. Welcome to you both. To get started. I want to start with a description of what it is. And hear some details. Weve been reporting in this all day long, the detail from the president last night state of the union pretty thin. Here is what we know now. Youre only eligible if youre solidly middle class earning less than 191,000. You make after Tax Contribution like a roth ira. Its 25. You can get started cheap. And savings maximum you can have is 15 ,000. This is a completely liquid account from Senior Administration officials told me this afternoon. If youre following my twitt