Averages have put in an alltime high. Strong reports there but we had this big rally. Withlidating some of those small moves. Verizon, amazon, ups. The Internet Provider up 1 on this cyber monday. Some are expecting amazon to take 50 of the sales on the cyber monday. And ups for that other 50 that does not have amazons shipping company. Amazon has done something for ceo jeff bezos. That has made him the worlds wealthiest person. That happened a while ago on the Company Thirdquarter report. Jeff bezos is worth 100 billion. Ago both Warren Buffett and bill gates would be well above the 100 billion market if they havent given so much of their money away. Turning to another to another sg well for the holiday 2017, we are taking a look at gamestop. There were huge lines at some of the victoria secrets. This after putting up a Strong Quarter gaining 3. 5 . In fight in fact it is being called a thanksgiving feast at the box. Here we have stocks rallying. And a confirmation hearing, how will t
Against fat cat bankers. We will break it all down for you. And also bill go an hour contributing editor will be joining us. But first, ending the year in an appropriate fashion, yes falling again. Intercept and down almost 2 in new york today, bringing the loss in 2014 to 46 for oil. It has not fallen this much since the financial crisis six years ago. Mean time, in the meantime and search crews have recovered more bodies and debris in the java sea from that crash. The airbus a320 crashed on its way from indonesia to singapore. Indonesias president spoke at a briefing. My deep condolences to the families of the passengers and crew. I am feeling their loss and i am and i pray that they are given all of the courage and strength to base this tragedy. Like they were 162 people on board there were 162 people on board. A couple of weeks ago the fbi said it had enough evidence to link the attack on sony to north korea. But every connection it looked that turned out to be a deadend. At least
Welcome to Market Makers, i Erik Schatzker. I am e stephanie ruhle, great to be back. Too, i had some great times last week. Alix steel sat in your chair. Almost as amazing as kanye west. Sitting next to me last week. It is a new week, lets kick it off. A busy news morning. Breaking economic news, existing home sales for the month of may are out. Who better to break down the numbers then michael mckee. What is the word . Whendont know whether you shopping for good news, existing home sales up more than forecast. 4. 9 for the month to a 4. 89 million annual sales rate. That is the best so far this year. Remember we were talking about how every buddy was buying condos and not singlefamily homes, that flip. Singlefamily homes up 5. 7 , condos and coops unchanged. Maybe people coming back into the markets right now. Numberting aspects, the of homes for sale, the mother supply falls in may. A little less supply and that has pushed the price of homes up to an alltime high, i have not ,000 is
Democrats are coming and in greater strength with up to 40 new seats in the house of representatives, the body that impeaches president. Yes the past week has been a sobering reckoning for President Trump as he sinks increasingly deeper into possibly the most perilous situation of his presidency. He has lost ground on several fronts. A rebuke at the hands of the American People in last weeks midterm elections. He faced defeat in his war with the media after a federal judge ordered his administration to restore a white house Reporters Press pass and, of course, there is that looming inspector of special counsel Robert Muellers investigation and the existential threat it poses to his presidency and to the liberty of his family members. Well, today, trump was asked about his twitter rant against the special counsel and his team yesterday and what may have triggered it. On twitter yesterday, you seemed agitated about what you might be receiving im not agitated. The whole thing was a hoax.
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