Appreciate means you want to be more cautious about buying Multinational Companies whose profits weaken when the dollar goes up. Reporter so far the tugofwar playing out hasnt been enough to derail this rally. But experts on wall street caution that even the strongest markets face headwinds. It would be completely irresponsible not to expect some sort of volatility, you know, within the first half of this year. But theres a soft floor for equities, and any discount like that presents a buying opportunity. Reporter for nightly Business Report, im jackie deangelis. Lets delve deeper into the rally and get a pulse of the individual investor. Brian belski and john sweeney, heads up Retirement Services for fidelity. Welcome to both of you. Mr. Sweeney, let me begin with you. I know you have a survey that youll give us a sneak peek look at tonight. It doesnt really come out till tomorrow, in which you look at what you call High Net Worth investors, people with more than 50,000 5 250,000 in i
It ended at 14,539. The nasdaq added 14 and the broader s p 500 gained almost 9 points, and its now just 2 points away from its own record high close. There is some concern that the rise in the markets may have been too high too fast. And this could be the start of a market bubble. But newly installed treasury secretary jack lew tells Steve Liesman not so. The analysis ive seen doesnt give me reason to be worried right now. Well have more of steves interview with the treasury secretary in just a few minutes. As the dow hits unprecedenteded heights and the s p 500 nears its own peak tantalizingly close to it, theres a battle below the surface that could determine which way stocks go from here. Jackie deangelis explains. Reporter the bulls are at it again. Another day, another alltime high for the dow. But despite the impressive run, theres an underlying tugofwar being played out in the u. S. Economy. We had a couple of huge risks hanging over the Global Economy for the last year. China
male announcer this is the bay area news station, kron 4 news starts now. His beha ther a major delays on bart. Between the embarcadero in the east of live horses from a hefty tree is a shopper in both directions. Heavy smoke has been reported so single tracking has been reduced. Major delays in both to elections as they reporting in the fair market carole, eastoakland yehuda next at eight. A developing story were following. Residents worried their homes will be torn down gather tonight. After francisco neighborhood. New tonight. Well hear from now at eight an expanding sinkhole threatens more and more homes tonight in San Francisco. A huge crack in one side, expanding getting bigger. Five days after a broken water main sent water gushing through the neighborhood, red tags are going up. Some residents, says they are not going up fast enough. Reporter they are moving too cautiously, there are some houses here that are crumbling underneath. The streets in a west portal neighborhood of Sa
Was shot to death by Jeremy Goulet who was killed shortly after in a shoot out with police. A memorial for the two Police Officers is held thursday at noon at the h. P. Pavilion in san jose to accommodate the large crowd that is expected. A motorcade procession will precede the memorial with sheriff and firefighters and emergency responders. The San Francisco Police Department is on alert after a highpowered rifle was stolen from a police car. A high Ranking Member says the ar15 was taken yesterday from an unmarked car like this one. We are told the car was locked. The Assault Rifle was properly secured. Detectives do not know if the thief was specifically looking for the rifle. An alert went to all officers to look out for the weapon. The man accused of killing a bay area rapper in las vegas on the strip will appear los angeles superior court. Ammar harris seen in this video faces extradition from california to nevada. The 26yearold self described pitch was arrested in North Hollywood
Government recommends americans limit themselves to two drinks a day for men and one drink a day for women. Interesting detail here, the heaviest male drinkers are in their 30s. While the heaviest female drinkers in their 50s and 60s. And also, want to end with this. Women, ruling the world. South korea has a new leader and for the first time it is now a woman. She joins a small but elite group of female heads of state around the world. There are only 18 other female president s or prime ministers out200 countries. The most well known, angela merkel, Julia Gillard and others. That does it for us. Cnn newsroom continues. Blackmail, sex, scandal. Allegations involving the Catholic Church swirl as the pope gets ready to leave. Im brooke baldwin. The news is now. Fresh off maternity leave, yahoo s new ceo tells employees work from the office or quit. Well discuss. Plus, nascar back in the spotlight, as Danica Patrick sizzles and 50 cent strikes a chord about race in racing. And never a dul