Chunk of its most recent losses, thanksn part to todays nearly 400point gain on the dow. Concerns over Rising Interest Rates he taken a backseat, as investors refocus on Global Growth and corporate profits. Today the Dow Jones Industrial average advanced 399 points to l 25,7 by financial and technology shares. The nasdaq added 84 and the s p 500 was up 32. Bob pisani has more on the days rally on wall street. H the dow up over 200 points at the opening, closing up almost 400 points. Last week, stocks started strong atery day, but faded late in the day. Egan to reverse on friday, when stocks closed at their ed today. It conti this week was all about fed chairmans jay powells testimony o congressue onay and thursday, but the markets are telegraphing theyre not concerned hell be skroefrly aggressive about raising rates. The markets are very different in the lastrewo weeks com to the first two weeks, when stocks dropped about 10 in earlyebruary on concerns about higher Interest Rates, part
Track on the mining industry. The founder and chairman of one of the Worlds Largest Mining Companies Vedanta Resources willjoin us. Well get his thoughts on the Trump Presidency, and likely drivers for Commodity Prices this year. And we also want to know your thoughts are you optimistic or pessimistic about the new leader of the free worlds economic plans . Will it be a trumpjump or a bump . Just use the hashtag bbcbizlive. Or 0rdump or dump welcome to the programme. Lots going on, weve got that friday feeling. Later today donald trump will be sworn in as the 45th president of the United States. Lets be frank. The Billionaire Businessman has gone from long shot candidate to the leader of worlds biggest economy in just a year and a half. His supporters will now be hoping that he can shake up the us economy in the same way the he shook up the president ial race. Lets ta ke lets take a look at some of the details that we know. He has promised to create 25 million jobs over ten years, and
The day. We start with the search for answers in the Fatal Shooting of three Law Enforcement officers in baton rouge, louisiana. Three other officers were also wounded yesterday in that same incident. This happened less than a mile from police headquarters. Authorities have identified the gunman as gavin eugene long. He is a former marine who police say carried out the attack on his 29th birthday. He was later killed in a gunfight with police. The motive is still unclear, but investigators say they believe he acted alone. We believe that the person that shot and killed our officers, that he is a person that was shot and killed at the scene. So thats what we know right now. We do not believe or do we have any other shooter held up in any other area. Baton rouge police have identified two of the officers killed in the attack as Montrell Jackson and matthew gerald. The third is sheriffs deputy brad garafola. Officer jackson had just posted on facebook how philly physically and emotionally
. . when you are suffering from chest congestion try mucinex 12hour. Mucinex is absorbed 60 percent faster than store brands. And lasts a full 12 hours. Relieve chest congestion with mucinex, and enjoy living well. The art world was stunned six years ago when a treasure trove of 276 neverbeforeseen picassos turned up. They were worth about 100 million. Picassos former electrician claims they were a gift from the artist and his wife. Whats more, he claims theyd been in his garage for the past Bill Whitaker has a look for 60 minutes. Reporter danielle and pierre liganec are a retired couple living in the south of france. Back in 1971 he was an electrician hired by Pablo Picasso and his wife jacqueline to fix their americanmade stove. The picassos were so pleased they had him do other odd jobs on their properties, including installing burglar alarms. How would you describe the relationship . Was it or did you have a friendship . Translator i believe that monsieur had total trust in me, pa
Theyre honored today at the white house. How many people get to do geo that, sit there and wait for the president to come to you . To say, thank you. This is the cbs evening news with scott pelley, reporting tonight from washington. Pelley this is our western edition. Each day, more than a million and a half people commute into manhattan, in a complex choreography that moves re but this morning, a new Jersey Transit train that should have been crawling into its final stop, instead bolted through a barrier and rammed into the waiting area of hoboken terminal, collapsing part of the centuryold building. Only one person was killed, but 108 others, including the engineer, were injured. Jim axelrod is in hoboken, just across the hudson from reporter it was the height of rush hour this morning in a station 15,000 commuters pass through each day when, at 8 45, chaos engulfed the new Jersey Transit terminal in hoboken. This is what train number 1614, stuffed with commuters, looked like as it a