All right, america, youre so money and dont even know it, maybe you do because your Stock Investments hitting record highs yet again. Look behind me, all three major indexes higher for a fourth straight day you see, mr. President , somebody is talking asht ining about it. Surprise one of the big winners this week, ge, up 6 in the last five kays were going to chat with an analyst sthat says the beaten u ge could go 50 higher from here check out other movers this hour, cvs health, xilinx, underarmour, up, leading the s p 500. Welcome, everybody, im Tyler Mathisen we kick off the day with the jobs report, first of the new year payrolls for december missing the mark the jobless rate hitting a 17year low. Wages rising not blowout pace, but nice Steve Liesman in philadelphia breaking down the numbers and looking at what it all means for rate hikes this year steve reporter hey, tyler, thanks. Yeah, it was a weaker than expected jobs report, but economists said it didnt really change their vie
Food and energy up. 1 of 1 . David apple right out of the gate. The stock rebounding after the slide yesterday. Investors brushing aside concerns that sales of new iphones might be disappointing. Liz there are reports this afternoon that at t is seeking buyers for its cell phone towers. These towers could fetch as much as 5 billion. David despite concerns about Interest Rates, homebuilders are more optimistic than at anytime since the mid 2 thousands. National homebuilders Housing Market index remaining at 58 this month, the same level as in august. Liz the sec announced Enforcement Actions against 23 securities firms. Securities Exchange Commission saying those firms improperly participated in Public Offerings after betting against the stocks. 22 firms have settled with the sec. David a bigger version of the boeing 787 dream liner is taking off. They hope the 7879 will help increase dreamliner sales and put the aircrafts previous battery problems in the rear view mirror. After the bel
Multiyear highs and bringing those names up along with it. The airlines in particular are the ones. Now everyones looking to the rails lauren and really quickly, nicole, ibm about the report, hows it looking into the close . Reporter pretty much flat, and thats the way its been. David well, the bells are ringing, and all indexes are in the green. Not spectacularly so, but a solid day for the markets. The Dow Jones Industrial is up almost 58 points, may settle a little higher, in fact, it is settling on the upside as we go into settlement territory these last couple of minutes. S p futures up by ant the same amount about the same Amount Percentage wise. Nasdaq the weakest of all four indexes, although it is in the green. Russell 2000 up the greatest amount today. Lauren we also have to talk about the Airline Stocks certainly flying higher with delta and jetblue leading the charge, hitting a new 52week high. David all right. Lets talk about commodities a little bit. Seeing big gains, fre
KPP Advisory Services LLC lowered its stake in AT&T Inc. (NYSE:T – Free Report) by 1.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 146,579 shares of the technology company’s stock after selling 1,728 shares during the quarter. AT&T comprises 2.2% of KPP Advisory Services LLC’s investment portfolio, making the stock its 6th largest […]
Intrepid Capital Management Inc. grew its position in shares of AT&T Inc. (NYSE:T – Free Report) by 29.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,105 shares of the technology company’s stock after acquiring an additional 2,316 shares during […]