Average americans are not buying stocks. Also, Mark Zuckerberg says he will dedicate 2018 to fixing facebook. Why the founder and ceo is treating fake news and online abuse as a personal challenge. But we begin this morning with a look at todays eye opener, your world in 90 seconds. Right now, its pretty tough, its like a hurricane. This wind is vicious. A deadly winter storm ravages the east coast. Wow. Its all about the cold now, big bitter blast of cold air is coming right down out of the arctic. More than 1,000 Flights Canceled as airports try to dig out from the snow and ice. Highly anticipated book about President Trump comes out ahead of schedule in defiance of legal threats from mr. Trumps lawyers. Complete fantasy and just full of tabloid gossip. The New York Times su reporting that President Trump reported the white House Counsel to try to stop sessions from recusing himself from the russia investigations. Meeting tuesday for their first formal talks in more than two years. T
The averages passed a major number on tuesday, the nasdaq passed 7,000. On wednesday, tyesterday the do hitting 25,000 for the first time ever. This morning the dow futures are indicated up by 75 points s p futures up by 7 1 2. Nasdaq up by 30. The first trading week of the year on that time we are talking about some strong days the best threeday winning streak to start the year for the nasdaq since 2006, for the s p since 2010 of course we always talk about what happens in january often indicates what happens for the full year. Well talk all about this throughout the program today green arrows across the board. Lets look at asia the nikkei ended up by 0. 9 a gain of 208 points 23,714 hang seng up by 0. 25 . The shanghai up by 0. 2 . In europe, you will see also same story there up across the board. The biggest gainer being the dax, which is up by more than 1. 1 quick update to a security flaw that may have exposed some smartphones and pcs to hackers really did in a big way. Intel is s
Delightful. Companies are hiring. Optimism is high. The dow and the nasdaq recorded their best starts to a year since 2006. And todays not too hot, not too cold employment report helped drive all of the major indexes to fresh records, again. The dow jones industriae advanced 220 points to 25,295. Nasdaq added 58. And the s p 500 was up 19. For the week, all of the major indexes posted solid gains. And with those gains comes an increase in stock market optimism which we should point out is not always a good thing. Bob pisani reports tonight fro reporter the december jobs report was below expectations and the markets seemed relieved. Why would they be relieved . Because the economic reports have been so strong recently, the traders are beginning to worry that the Federal Reserve might be more aggressive, raising rates to slow down an overheating economy. But todays jobs report was just about perfect. It was still strong. It wasnt as strong as the experts thought it would be. So it reduce
Abigail we have gains for the andr averages, the s p 500 the nasdaq higher. Weekly gain for the s p 500 and the nasdaq, the best weekly gain since december of last year. The bullishness we saw last year in the s p 500 in 20 feet teen into 2018. Extending there is one small divergence or difference, that is the russell 2000, down ever so slightly. But on the week it is higher. There is a bit of the tax theme to the russell 2000. It has been a bit of a proxy for tax report, and one company is saying it will be hit by the tax cuts or tax reform, Deutsche Bank. A 1. 8 billion tax cut, the shares down 5. 9 . The real culprit behind this weakness is Deutsche Bank saying its fourthquarter trading revenue action activity down 22 . That is weighing on jpmorgan and Goldman Sachs, both of these big theirderive much of revenue from trading activity. We will continue to watch headlines around that. Speaking of passes, we will check in with some of those taxes, check in with some of these high Tax C
Regulations in december and are completing inspections on some 31 applications. These are the first to pass. We 30 some applications before the city was ready to give approval. They were in the system, just waiting on the last official piece of paper here with the approval locations. San jose currently has 16 shops selling marijuana. Oakland with eight. But here there is no worry about being late to the party. Were still looking forward to tomorrows celebration. Reporter now five of the seven locations have received state approval. Two are still waiting for one of these. Tonight statewide there is 142 stories able to sell recreation almarijuana. Ian cull, nbc bay area news. Baying night, ian. Thank you. Eepen has been following this throughout the day. He tweeted this afternoon listing the seven locations expecting to get the green light to sell the recreation almarijuana. For updates you can follow him on twitter. Showers across the bay tonight on and off all day. Its been rainy. That