And paying the price, documents seen by bloomberg say Facebooks Libra crypto is already under scrutiny in the eu. Lets get a quick check of the tuesday session in the u. S. , risk off day with stocks ands and yields slumping. Every sector in the red in the s p 500. Financials and materials leading the declines. We continue to see investors prematch focus on what has come out of the jackson hole gathering. Meantime, the dow losing 100 summary three points while men nasdaq was down 7 10 of 1 . We also have a big week for u. S. Retail earnings, a bit of eye divergent picture with cold disappointing but home depot homes disappointment but depot rallying. Risk off sentiment for the day, u. S. Futures unchanged for the moment, but lets see how we are shaping up in asia. Futures are nudging lower, the asia stocks could have fresh lows this week if the momentum keeps up. We have a more soft ego data today that could put on the pressure. We have stocks on 20 date exports, down every month so fa
Griffith this for Tyler Mathisen coming this evening from the new york stock exchange. Im sue herera. Solid gains on wall street pushed the nasdaq and s p 500 into record territory. The dow remains just shy of its alltime high. Technology stocks led the way as amazon flirted with 1,000 a share. The advance got a surprise list from a sector thats been faltering, retail. More on that in just a moment. First here are the closing numbers. The Dow Jones Industrial average was 70 points to 21,082. The nasdaq added 42. The s p 500 was up 10. Bob pisani has more on the markets climb to new highs. Reporter we have a breakout. The s p 500 and the nasdaq have been hitting new highs recently, but they broke out again today. Critics of this rally have complained a small group of big names led by google, facebook, apple, amazon, thats whats powering the rally, and while thats true today, we did see over 200 new highs on the new york stock exchange. That means the rally is broadening out. The rally i
The Technology Company thats in the middle of the largest corporate split in history recorded earnings of 87 cents per share, two cents better than estimates. Revenues however, light coming in at 25. 5 billion down from 27 billion last year. Despite the revenue drop and a cautious outlook, the stock initially climbed after the report. The one thing to watch in hps report. Reporter the big take away from the hewlettpackard Earnings Report is that the company is still seeing declines in many of its major units, but companies appe to be boosting spending albeit at a more modest level. Thats important for a company like hp. Many of us know them as the ones that make desktop and notebook computers, as well a printers. Thats still a very big part of the company, but they are also devoting resources towards enterprise or business clients. Later on this year hps going to split itself into two separate publicly traded companies, one thats going to handle the traditional pc and Printer Market th
Continues that trend. The Technology Company thats in the middle of the largest corporate split in history recorded earnings of 87 cents per share, two cents better than estimates. Revenues however, light coming in at 25. 5 billion down from 27 billion last year. Despite the revenue drop and a cautious outlook, the stock initially climbed after the report. The one thing to watch in hps report. Reporter the big take away from the hewlettpackard Earnings Report is that the company is still seeing declines in many of its major units, but companies appe to be boosting spending albeit at a more modest level. Thats important for a company like hp. Many of us know them as the ones that make desktop and notebook computers, as well a printers. Thats still a very big part of the company, but they are also devoting resources towards enterprise or business clients. Later on this year hps going to split itself into two separate publicly traded companies, one thats going to handle the traditional pc
He was out with friends on thanksgiving eve when he went missing. Candlelight vigil is plan at School Tomorrow night. Good evening, im iain page. Im lucy noland. Police are looking at new Surveillance Video they are hoping will help find him. Dave kinchen spoke to the family live today. Live in manayunk. What do you know, dave. Reporter shane montgomerys parents tell thus theres now a 31,000 reward for information that leads to shane and investigators tell me tonight they really hope it helps. They say they are still waiting for their big break in the case. Ups and downs, um, good moments, bad moments. Reporter emotional roller coaster for Karen Montgomery on day six of the search for her son 21yearold shane montgome montgomery. Trying to keep shane in the forefront. We are still hanging posters. Bad weather scrapped the search efforts and still no major leads for investigators. Fbi visited shanes parents again. They just left and they gave us knew information and theyre working very h